Well, that escalated quickly.
 

http://forums.pelicanparts.com/porsche-cars-sale/804816-91-911-turbo-sale.html

Earlier this year, there was a very nice blue 965 offered at ~$75k, and I was lamenting not pulling the trigger when I saw one a couple of years ago at ~$40k.

I wonder if the market will support a $97.5k ask on the 965. And the next question is this: are non-S 993TTs going to start trading hands for over $100k? Am I gonna punch myself in the face for not picking up a non-S 993TT for $65k?

With 993 RS variants trading hands in six figures I honesty doubt the turbos will be very far behind.

Well if 86-87 turbo going up these should go .

This:
1989 Porsche 911 Turbo Cab Stock #u12506| Manhattan Motorcars near Manhattan Long Island NY

Plus, he then offered my buddy 100k for his 96 993TT with 19,000 miles. Wonder what he'd price that at afterwards?

I'm afraid it's too late to stop this irrational exuberance.

I think I just pooped my pants. :eek:

And it's the model that only has a 2.5 liter engine. (roll eyes).

I could not open the first link but seriously, is there anyone here that thinks that in the pantheon of 911 turbo variants, a '91 is the one you want?? That's a car that was always a hard sell with it's '80s 3.3 liter engine, ugly styling, etc.

It seems like the bubble/ panic on older 911s had also removed all discrimination and taste from the hobby, at least on this forum.

It's the first of the G50 boxes and last before they made them "safer" with AWD. The 964 turbos have been the desirable ones for many years, and especially the 3.6 and S variants. Long term I expect them to be worth more than 993 turbos.

Ps. I'm a purist. There is no such thing as a 965. It's a 964 turbo.

What do these prices do to my 1995 993 Ruf Btr value? Essentially, similar to 965 single turbo from Ruf before porsche made a 993tt.

RUF cars have their own separate market. I don't know values off the top of my head but I know that it's so.

Probably not directly connected to the rest of the used Porsche market, but could be wrong.

Damn. I should have kept my 91 with 20k on it.

Right on. This gets my vote for quote of the year.

People were doing Strosek and other bizarre conversions long before the recent run up in prices.

Yes, there were euro trash people and drug dealers ruining Porsches before this forum existed.

That's not what I'm talking about. I'm talking about people assigning great value to stock models, like mid-'70s 911s and 912s or 964 3.3 turbos that don't have a lot of intrinsic value if you remove the fact that their prices have risen lately.

Like 911Ts? ;)

This "high driver quality" 73 T Coupe is "only" $69,500.

http://forums.pelicanparts.com/uploa...1396887857.jpg

http://forums.pelicanparts.com/porsche-cars-sale/805094-1973-porsche-911t-mfi-coupe.html

One wonders what offers the seller considers to be "reasonable."

A good MFI 911T was always worth about half of an equivalent 911S, (maybe a third?), so it makes sense in today's goofy market.

I don't completely fathom the remark about intrinsic values. I think what we are in the process of seeing is that anything air cooled has significant intrinsic value as a collectible Porsche.

People keep calling it a bubble. I don't believe it. I think these cars have been undervalued in the market for 10-20 years and their day has finally come. I expect them all to just keep going up. Not stupid fast like the silliness of this winter, and we may see a slight correction here.
But I will go on the record as saying we are going to see $100k '65 912s and $50k '74 911s in the next 3-5 years.

$100k 65 912's?
God, I hope not.
At times I think people are just buying age, and not value.
I'll just keep buying value.
Age is overrated, and underperforms to boot.

Sent from my SAMSUNG-SGH-I337 using Tapatalk

Although it is quibbling about semantics -- all Porsche prices involve extrinsic evaluation.

The intrinsic valuation would be its worth as scrap or parts, or its value as a conveyance (if it runs). They are not made of gold, and it won't get you to the Starbucks faster than a Honda.

As such, values change with perceptions. There is nothing inherent in an early car that makes it worth more than a 964 era turbo. Not doubting it is true -- just noting that it is about taste and preferences. Some preferences are durable (Monet, Rembrandt) others fleeting (Andy Warhol?).

I think Porsche values will be pretty durable, but there is a ceiling on all car values, and relatively plentiful cars like Early Ts are probably getting there.

Nick,
I know its crazy talk but there is currently one (a restored one with an article written about it) in the UK being offered at the equivalent of $75k. For a 912. I'll never be an interested buyer for a car like that but I think that they are out there.

I sold my cousin's collector quality '66 912 about 7 years ago for $7500 on ebay. A guy in Spain bought it. I could have had it for $6k, still kicking myself over it. It would be in the top 2% of all early cars for sale in the world- zero rust or accidents, mint paint/chrome/interior/etc.

There are pics of it elsewhere on this site, I'll try to dig them up just for crying sake.

Except this one:
http://www.total911.com/wp-content/u...009/10/965.JPG

Porsche 969/965 Story, Prototypes and Styling Exercises

I'll confirm that $7500 was roughly the going rate for a 912 back in 2007. Here's my old car with a Harry Pellow engine. It sold in a day so I probably left a little money on the table....

http://forums.pelicanparts.com/porsche-cars-sale/281945-sale-67-912-denver.html#post2576729

If anyone knows the current owner (last seen in California), I recently found a stack of receipts for this car after moving this past year. Includes the original engine rebuild at The Maestro's shop in 1989....keep the 912 faith!!! I'd like this history to be reunited with the car.

That was a nice 912. People kill for those prices these days...just seam like yesterday. What the hell happen!!!

I hear ya Matt. Me either.
Nick

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Ad says cheapest 993 Turbo S around - really? Crazy!

Right, the 965 project to develop the 969, which was never released. Instead they made the 964 Turbo. Guys use the 965 designation like it's the evolution of the 930. It's not.

Or maybe I should just start referring to the 917 as the 912, since that was its project number and many 917 parts start with 912...;)

I think they are already near 100k and have been for a while for a very nice example.


If you know of a nice original 993tt for 65k, I say jump on it.

IT seems like 3.3l 964T have always held a moderate to slight premium over 930s. The differential seems to be decreasing with 930 escalation. If a minty 930 is a 100k car I dont know why a similar condition 964t wouldent be.

The ultimate turbo is the 3.6L 964t of course. Ive been saying this for 10+ years and it took the market a while to wise up :D

If I want a fast turbocharched AWD car, I'll buy a subaru (ok another one)

OK, here it is.
 

This is the 912 I sold for $7500 in 2007. I could have had it for $6500 for sure, maybe less. It was my cousin's, he bought it on eBay on a whim and then never drove it or got it sorted-out, ie. brakes/tuning/etc. It was a mechanically great car, just needed a weekend's worth of DIY love.

The guy in Europe who bought it must be laughing about now. :cool:

http://forums.pelicanparts.com/uploa...1396976832.jpg
http://forums.pelicanparts.com/uploa...1396976869.jpg
http://forums.pelicanparts.com/uploa...1396976904.jpg
http://forums.pelicanparts.com/uploa...1396976960.jpg
http://forums.pelicanparts.com/uploa...1396977004.jpg
http://forums.pelicanparts.com/uploa...1396977061.jpg
http://forums.pelicanparts.com/uploa...1396977119.jpg

http://forums.pelicanparts.com/uploa...1396977559.jpg
http://forums.pelicanparts.com/uploa...1396977592.jpg
http://forums.pelicanparts.com/uploa...1396977625.jpg
http://forums.pelicanparts.com/uploa...1396977655.jpg

I've owned 911s constantly for 25 years now, driven them like crazy, studied them, taken them apart and put them back together.

So, obviously, I love them.

But I wouldn't even think about paying these crazy prices for one. They are IMO the best overall car ever made, but they are still just cars.

I agree, Mclovin.

I have to admit that I have spent more time working on my P-cars than driving them. But when you finish a job well done and look at those big round smiling greatfull 911 eyes......there really is no substitute!

People are just catching on to what we've known for years…and paying through the nose for it.
A rising tide lifts all boats fellas. Woo hoo!

http://forums.pelicanparts.com/porsche-cars-sale/805315-1968-porsche-rally-car.html#post8004676

Six figure 912, and not Chris' Polo powered one that's been for sale for a year...

For the record, I agree with Mclovin and the others. I've been effectively priced out of the market on interesting old Porsches like an early S or a 930, but I don't care. I love the ones I've got. I'll enjoy them and drive them and not worry about the fact that I might be degrading some museum piece. They are too much fun to just park and polish...

Hi
 

European Collectables in Cost Mesa, CA, has a 1969 912 in Leaf Green for $69,000.
I seen it last March 2, at their open house.

Most I ever seen for a 912.