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-   -   Fast flip....even relists on Pelican (http://forums.pelicanparts.com/showthread.php?t=803923)

christiandk 03-31-2014 08:56 AM

Fast flip....even relists on Pelican
 
http://forums.pelicanparts.com/porsche-cars-sale/799261-1986-porsche-carrera-targa-rare-guards-red-can-can-red-interior.html

http://forums.pelicanparts.com/porsche-cars-sale/803919-fs-1986-porsche-911-carrera-targa.html

Rare color combo though, but red on red looks cheap to me. Was probably owned by a Beverly Hills hooker originally.

DeeJayOh 03-31-2014 09:09 AM

Wow. Didn't even bother to take new pictures.

MrBonus 03-31-2014 09:37 AM

That is one lazy flip.

Matt Monson 03-31-2014 09:46 AM

Suggests that some of these $25k Carreras are a bit underpriced. ;)

ASD 03-31-2014 10:10 AM

ya gotta like red! I do but just not that much of it

Rot 911 03-31-2014 12:35 PM

Quote:

Originally Posted by Matt Monson (Post 7990754)
Suggests that some of these $25k Carreras are a bit underpriced. ;)

Or that people have worked themselves up into a lather that these cars are worth more than they really are. Only time will tell, but I really see the short hood market as a bubble.

COLB 03-31-2014 01:06 PM

Quote:

Originally Posted by Rot 911 (Post 7991072)
Or that people have worked themselves up into a lather that these cars are worth more than they really are. Only time will tell, but I really see the short hood market as a bubble.

The difference between $25k and $32k is substantial in percentages, but in real terms, $7k is not a heck of a lot for a car.

Certainly not enough to be a real "bubble". Even if there is a market correction -- and I think it is likely at some point -- air cooled cars aren't going to go to zero.

Even in a severe correction, I would expect them to bounce back toward the $20k level they have generally hovered around, then begin to appreciate again.

Real bubbles involve cars like Mopars, that were $10-20k cars, suddenly trading for over $100k based on artificial scarcity: "Yea, there were 89,000 Dodge Chargers made in 1969, but this is the ONLY ONE with a 440, 4 speed, in Purple...with a cigarette lighter, dual antennas, a visor mirror, and an 8 track.".

The biggest market correction for air-cooled 911s I can visualize still pales in comparison to the average 5 year depreciation on a new BMW. So I'm not going to get my panties in a wad about it.

Of course, it is easy to say since I already have one in the garage. :D

MrBonus 03-31-2014 01:06 PM

Quote:

Originally Posted by Rot 911 (Post 7991072)
Or that people have worked themselves up into a lather that these cars are worth more than they really are. Only time will tell, but I really see the short hood market as a bubble.

I keep hearing this and I'm not sure why. There won't be more of them made anytime soon. They still represent a clear separation point in the 911 design, and the last of the simpler design. Frankly, in the world of classic cars, they're relatively inexpensive and a wealth of accessible aftermarket parts make them palatable to collectors and drivers alike.

Why are their market a bubble?

speeder 03-31-2014 01:06 PM

Shhhhh...there's $$ to be made around here. :)

PushingMyLuck 03-31-2014 02:31 PM

Those miles are low.
Original seller could have gotten more.
I give this flip 2 thumbs up.
Mileage is the #1 factor in price.

914agogo 03-31-2014 02:57 PM

assuming the miles are real/verifiable!
does anyone here know if there was documentation to support the claim?

Quote:

Originally Posted by PushingMyLuck (Post 7991266)
Those miles are low.
Original seller could have gotten more.
I give this flip 2 thumbs up.
Mileage is the #1 factor in price.


faverymi 03-31-2014 03:22 PM

CodyBoen. hahaha. Real? Fake ? How many IDs?

Wondering how many in here have multiple ID/names….. Just saying.

Now back to teeth….

COLB 03-31-2014 04:13 PM

Quote:

Originally Posted by PushingMyLuck (Post 7991266)
Mileage is the #1 factor in price.

Every week, a new revelation. :rolleyes:

Mileage is important for impact bumper years, but condition is the #1 factor in price.

CountD 03-31-2014 04:48 PM

Quote:

Originally Posted by speeder (Post 7991136)
Shhhhh...there's $$ to be made around here. :)

Right on.

pete3799 03-31-2014 05:56 PM

Could be he never sold it and decided to up the price under a new name.

SilberUrS6 03-31-2014 06:48 PM

Quote:

Originally Posted by COLB (Post 7991443)
Every week, a new revelation. :rolleyes:

Mileage is important for impact bumper years, but condition is the #1 factor in price.

LOL, the more he jabbers, the less he knows.

WPOZZZ 03-31-2014 08:32 PM

Quote:

Originally Posted by PushingMyLuck (Post 7991266)
Those miles are low.
Original seller could have gotten more.
I give this flip 2 thumbs up.
Mileage is the #1 factor in price.

You should have jumped on it during the first go 'round! If you keep waiting, the only one you'll be able to afford will be made by Covin.

SilberUrS6 03-31-2014 09:01 PM

Quote:

Originally Posted by MrBonus (Post 7991135)
I keep hearing this and I'm not sure why. There won't be more of them made anytime soon. They still represent a clear separation point in the 911 design, and the last of the simpler design. Frankly, in the world of classic cars, they're relatively inexpensive and a wealth of accessible aftermarket parts make them palatable to collectors and drivers alike.

Why are their market a bubble?

I think I agree. The cars that have slid all the way to rust and destruction are probably already there. Most of the cars that have not gone that way are headed toward the easy, pampered life of collector cars. Lovingly kept away from rust and inattentive drivers. I see a leveling in the market, but probably not a true correction. Even in the last recession, Porsche prices didn't go down all that much. More leveled off and held.

I am sure there are a few more cars undiscovered out there, but I'm guessing they are a small minority. Since folks are beating the bushes for them, they are getting driven out of barns and storage units and into the marketplace. Just like the 356. I think the longhood craze will continue. The longhood frenzy has been driving the other cars, and now a very nice documented 3.2 might approach $40k. A couple of years ago, Something short of $30k would buy you a pristine G50 3.2.

speeder 03-31-2014 09:23 PM

They are not making anymore of any previous model of car. That alone means nothing, though it's the most frequently cited reason why some old car will rise in value.

Accordion bumper 911s are driver cars, period. They made a ton of them, it wasn't that long ago and they're mostly still around. Their performance is just ok by today's standards. They have the iconic 911 shape but lack the beauty and purity of form that early cars have. This is not unique to 911s or even Porsches, nearly every car took a turn for the worse in about 1974, style-wise.

They seem to be getting dragged-up slightly from the absolutely bananas early car market.

SilberUrS6 03-31-2014 09:34 PM

Quote:

Originally Posted by speeder (Post 7991970)
They are not making anymore of any previous model of car. That alone means nothing, though it's the most frequently cited reason why some old car will rise in value.

Accordion bumper 911s are driver cars, period. They made a ton of them, it wasn't that long ago and they're mostly still around. Their performance is just ok by today's standards. They have the iconic 911 shape but lack the beauty and purity of form that early cars have. This is not unique to 911s or even Porsches, nearly every car took a turn for the worse in about 1974, style-wise.

They seem to be getting dragged-up slightly from the absolutely bananas early car market.

I agree that the longhoods are completely driving the market. I saw, two years ago, driver-quality mid-years going for under $10k. Cars with fixed studs, no thermal reactors, Carerra tensioners, reasonable-looking bodies and interiors - all in the $9k-13k range. SCs in the $10k-19k range. Some VERY nice SCs at $18k-19k. I even saw a couple of M491s in the low $20k area. M491s are trading hands for upwards of $60k now. :eek:

Even the mid-year Carerras have really jumped in price.


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