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-   Porsche Marketplace Discussion (http://forums.pelicanparts.com/forumdisplay.php?f=268)
-   -   Over valued (http://forums.pelicanparts.com/showthread.php?t=823832)

Matt Monson 08-05-2014 10:48 AM

So your sole contribution to this thread is to tell me that my opinion is invalid. Got it. Thanks for keeping me in check and supporting a friendly and open community.

Matt Monson 08-05-2014 10:50 AM

Ps. I've got a low mileage 87 targa in triple white in my pocket. I can go buy the car any day I feel like it. I get privately offered cars regularly. One doesn't have to be "in" the market to be marketed to. ;)

sm70911 08-05-2014 11:00 AM

Quote:

Originally Posted by euro1984 (Post 8199340)
Yeah whatever they all need valve guides......... and the 3.2's running around with no valves done at 200k aren't real............ so I guess you sound like someone selling Porsche valve jobs IMHO. Fact is on the majority of cars this old if the valves are good they will probably stay that way.

Car is an easy 40k car. Maybe not to you but to plenty of buyers.

Do you know about the oil consumption on all these mystical 200k mile cars, do all your examples still have the CAT on ? Out of four 3.2's I know three all needed valve guides. Two 87's and and 86. The other 86 has sub 50k miles. So we will see.

As for this 60k mile car being worth over 40 grand based on one pic and some scant info I'm thinking you should buy the car because you clearly have a good handle on pricing and value ...

pmax 08-05-2014 11:03 AM

Quote:

Originally Posted by NYNick (Post 8199200)
This is the marketplace discussion forum. Of course it's relevant.

Of course it's relevant to this marketplace discussion forum.
Any opinion is welcome.

But is it relevant in the marketplace ? No.

pmax 08-05-2014 11:06 AM

Quote:

Originally Posted by Matt Monson (Post 8199400)
So your sole contribution to this thread is to tell me that my opinion is invalid. Got it. Thanks for keeping me in check and supporting a friendly and open community.

Not keeping you in check, I'm just voicing another opinion.

pmax 08-05-2014 11:14 AM

Quote:

Originally Posted by Matt Monson (Post 8199403)
Ps. I've got a low mileage 87 targa in triple white in my pocket. I can go buy the car any day I feel like it. I get privately offered cars regularly. One doesn't have to be "in" the market to be marketed to. ;)

Nice !!! That's a rare combination. Pics ?

My background is humble , I simply bought my Carrera from CL off a local gentleman.
Sorry to have offended you, Lord Monson.

Matt Monson 08-05-2014 11:56 AM

I'm not Lord of anything. Opinions are like arseholes, we all have one. But not all of us feel the need to act like one.

pmax 08-05-2014 12:22 PM

Quote:

Originally Posted by Matt Monson (Post 8199504)
I'm not Lord of anything. Opinions are like arseholes, we all have one. But not all of us feel the need to act like one.

I don't think you have any idea how difficult it is to find a decent G50 now for normal folks.

Matt Monson 08-05-2014 12:27 PM

http://forums.pelicanparts.com/uploa...1407270396.jpg

speeder 08-05-2014 12:31 PM

Since we're jus throwing around opinions, here's one: Diamond Blue? The washed-out looking, light color that looks like it belongs on an old Hyundai or Tercel? With polished Fuchs? Sounds like a really boring car.

The truth of the matter is that a stock late '80s Carrera is not $50k worth of fun or "specialness". It's $20k worth. They are only this expensive because of the *wingman* theory of being associated with some old cars that everyone wants but no one can afford. When you hang out with a young movie star, you get attention from women that you would not get alone. It's the residual effect.

The intrinsic value of a car based on its performance/rarity and cool factor is what makes it ultimately collectible. 911s from the 1980s are enjoying a special moment right now like an average woman in a small town where there are no hot chicks. It will pass. And this car screams mediocrity.

Nachtfalter 08-05-2014 01:24 PM

Quote:

Originally Posted by speeder (Post 8199562)
Since we're jus throwing around opinions, here's one: Diamond Blue? The washed-out looking, light color that looks like it belongs on an old Hyundai or Tercel? With polished Fuchs? Sounds like a really boring car.

The truth of the matter is that a stock late '80s Carrera is not $50k worth of fun or "specialness". It's $20k worth. They are only this expensive because of the *wingman* theory of being associated with some old cars that everyone wants but no one can afford. When you hang out with a young movie star, you get attention from women that you would not get alone. It's the residual effect.

The intrinsic value of a car based on its performance/rarity and cool factor is what makes it ultimately collectible. 911s from the 1980s are enjoying a special moment right now like an average woman in a small town where there are no hot chicks. It will pass. And this car screams mediocrity.

Haha, cool reply.... and I agree sort of.

Drive a 996 then drive a 3.2.
They just feel and sound so different. The 84-89 cars, to me, will always be the ones that don't feel like they are transitional or looking for an identity. I hesitate to compare them to an average woman in a town with no hot chicks.... but love the analogy. I had a GT2, its gone, but the 3.2 is still around. They were way undervalued at 20k and even at 40k, there isn't much out there as fun to drive.

FWIW, I think the color on this one is pretty cool.

I have old Harleys as well, you should hear the old timers on the vintage HD boards complaining about 10k dollar panhead engines..... its life, cool stuff eventually becomes expensive.

NYNick 08-05-2014 01:28 PM

Quote:

Originally Posted by pmax (Post 8199375)
I'm not in the market for an 87 Carrera ... already have one.

I don't think you can summarily judge the $55K price as over valued at this point.
How would you know given you are not even interested in buying one now ?

Wasn't one sold for $65k just recently ?

How about if you just sold one? Does that count?

'Summarily judge' nothing. It's based on experience, knowledge and research.
But if you want your car to be worth $55K just because you own one, so be it.

There's an ass for every seat. Somebody will probably overpay for this car, but that doesn't justify the price. It just proves there's more money than sense out there.

pmax 08-05-2014 02:17 PM

Quote:

Originally Posted by NYNick (Post 8199638)
How about if you just sold one? Does that count?

'Summarily judge' nothing. It's based on experience, knowledge and research.
But if you want your car to be worth $55K just because you own one, so be it.

There's an ass for every seat. Somebody will probably overpay for this car, but that doesn't justify the price. It just proves there's more money than sense out there.


Yes, selling one counts. Do share.

But Lord Monson's post had no mention of the research behind his judgement.

My "research" shows no G50's for sale in my local CL listings, 2 asking for $40-60K on ebay and none in dealers such as GR auto gallery or mohrs.

COLB 08-05-2014 03:06 PM

Quote:

A third in street class and invite to a parade at RRIV don't constitute a concours car.
Never said it did...and in fact, inferred that the "concours" claim was dubous on a car with polished wheels -- and that $55k was too much money. Of course, it is just an ask -- I bet you could get it cheaper if you had cash & a trailer.

Quote:

Whether its trailered or not for, $55,000 I would expect everything to work, and not to have any major mechanical issues looming on the horizon. So for someone like me or hopefully an informed buyer Valve guides have everything to do with it.
Fair enough -- if you are paying $55k for a 3.2, it SHOULD be near perfect.

An if you pony up that much, a PPI would definitely be in order, and a leakdown might tell you something about the valveguides. Might. And you can then negotiate accordingly.

But if you are expecting the owner to produce evidence of a top end -- or seek a discount -- just because the car has 60k miles...well, good luck.

Matt Monson 08-05-2014 03:27 PM

Quote:

But Lord Monson's post had no mention of the research behind his judgement.

My "research" shows no G50's for sale in my local CL listings, 2 asking for $40-60K on ebay and none in dealers such as GR auto gallery or mohrs.
Sorry. You already said your opinion doesn't count because you aren't in the market. Your research means nothing. You don't count any more than I do.

pmax 08-05-2014 03:54 PM

Quote:

Originally Posted by Matt Monson (Post 8199786)
Sorry. You already said your opinion doesn't count because you aren't in the market. Your research means nothing. You don't count any more than I do.

Yes, I will say it again, our opinions don't count in the marketplace !

Ronnie's.930 08-05-2014 03:56 PM

Quote:

Originally Posted by christiandk (Post 8197554)
Fuchs check out though....but I dont like the "buffin'" - more of a Rockwall hood thing. Ronnies 930 with Polished wheels and Ronnie without his tight leather pants would be like harry melvin without bluenotes - that'll never go Platinum......

And don't forget about my leather whip - you've felt its sting a time or three!

Matt Monson 08-05-2014 05:19 PM

Quote:

Yes, I will say it again, our opinions don't count in the marketplace !
Well maybe yours. I'm always looking for a good deal and have the means to buy a car at will if the right one presents itself. This car happens to be one of my favorite colors, and the color I dreamed about when I was 16, which happens to be the years this car was sold. If the price was realistic I might actually be a player because its that childhood dream car so many of us idealize. I'm always watching.

So while you may discount my input as "not a player" you and I are actually very different. I'm no Lord, but I'm always "in" the market for the right car.

NYNick 08-05-2014 06:00 PM

Wait…PML, is that you taking the other side of the argument these days?

The market has dried up for coupes, that's true. The 911 cat is out of the bag, also true. Cabriolets are good values (I might say even great value), Targas too. But it still doesn't justify the market being at $55K. It's just somebody overpricing their car by $15-20K, hoping to get negotiated down to a 'record' number.

A rising tide raises all boats, but too much water creates a flood. Stand by for the profit takers.

I sold my Targa for $25k less. This seller is just pushing the envelope, that's all. I, like Matt, always have my eyes and checkbook open, looking to find the next 'one'. Being in the market versus actively looking are two different things.

Anyway, let's see what this thing sells for...

COLB 08-05-2014 06:14 PM

Quote:

The intrinsic value of a car based on its performance/rarity and cool factor is what makes it ultimately collectible. 911s from the 1980s are enjoying a special moment right now like an average woman in a small town where there are no hot chicks. It will pass. And this car screams mediocrity.
Mediocre compared to what? 1978-86 Corvettes? RX-7s? 300ZX?

Let me know when solid early cars or E-types are available in the $30s, or when some better car produced from 1980-1990 suddenly appears on the scene.

Until then, Carreras will remain the best looking girl in a small town, and will be valued accordingly.

Likely never a $100k car or a supermodel, but still fun to ride. ;)


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