Point taken.

I can't buy another now.
I wish I could but garage space is at a premium too...

Wow. I am amazed at how fired up you all get when someone lists a car above market. If prices are going up, it has to start somewhere, eh?

One data point. I bought my 89 G50 Coupe 19 months ago for 32.5. Guards red/whale tail/39k miles. Ran into the dealer I purchased it from just last week. Car has 47k miles now. He asked if I had any interest in selling it on consignment with them. Said they would list my car for either 49k or 54k if I did.

That's just a 5 minute conversation at a cars and coffee event and I think my car, like the one in this thread, is realistically worth more like 40-45. Still interesting though.

If your car has a complete mechanical history and has had the VGs addressed then maybe the cache of it being an 89 might net a price around the high 30s to 40k from someone who doesn't know enough. Personally I would never pay a premium for a Guards Red car. If your dealer offered you $50k you should take the money and run !

Good luck finding a sub 50k mile perfect 89 coupe in the 30's..........Many of the high end dealers are listing low mile coupes in the 60's and 70's. Holt has 3 listed between 60k and 75k. I am talking genuine low mile excellent condition cars not the junk on ebay. Just because you don't think they are worth more than 30k is pretty irrelevent to the real buyers attracted to a low mile 3.2 these days. If professional dealers and 911 specialists are selling at these prices then this is the market. Many said the same as you 5 years back about 911t's when they hit 25k. Your comment that someone paying high 30's for an 89 coupe "doesn't know enough" makes no sense. Some of the smartest collectors are squirreling these cars away at much higher prices.

I actually read what he wrote, and he said "consignment" and honestly, its pretty much what most dealers would list a super clean 3.2 for.

The fact that it's red is probably why a dealer would want it in their show room. But maybe where you are from, old red Porsche's are hard to sell. :confused:

Professional dealers ? I've had lots of Porsches and never ever bought A: junk from Ebay or B Paid a premium for something from someone like Tim Holt or Sloan. The cars these people sell are never as good as they are presented to be. My last 911 came out of a suburban garage and has every single record, is all original, 100k miles, rarer color and I paid less than fifteen thousand dollars. That was eight months ago. Just because you are willing to pay inflated prices I'm not.
Collectors squirreling away 78-89 cars are deluded if they think that long hood pricing will carry over to the SC & Carrera. It will take time but lots of people have overpaid in this market and as we see on tech currently some are already facing un planned top end re building, among other major work. Thats a sightthat will become more and more common over the next couple of years.

I have no doubt that people are paying $60-70k for excellent cars at the top of the market. The car this thread is about is not excellent.

Buying cars on ebay is a joke.

Eight months is a long time ago.http://forums.pelicanparts.com/uploa...1407518185.jpg

You make many good points but I think you may be confusing what you see as value and what the general market is for these cars.

Many buyers are not hard core experts who surf the enthusiast forums. The funny part is when I bought my car a year and a half ago, I heard the same stuff about paying over 30k for a low miles G50. One person told me I should just buy a 930 for that money. 30k 930s didn't exist then and now, what? $50k minimum for one? I think a lot of folks on this forum base their view of the market on old information from when they last purchased their car. Just my .02.

Sox Fan,
I think that is especially true in the 911 Tech forum. Lots of guys there who bought $10-12k 911sc in the last couple years who still think a decent driver can be had for under $15k.

how you personally value an 89 3.2 is immaterial to this discussion and actually does many potential buyers the injustice of wrongly assisting in their expectations.

the market has moved despite your fond memories of the past.

one last comment regarding color. a buyer in this market is buying condition and provenance first and color second.

Nothing to do with find memories there are lots of good 911s out there for much less than these inflated asking prices. But I know what I want and what constitutes a good car so I can buy a 911 without any hand wringing on my part. If the car has no history I don't buy it. If the car has not had design flaws addressed I don't buy it. I've seen many many fashions come and go in the Porsche world. There are still good cars out there for reasonable prices.

As for "color second" that made me LOL

Yes, as the cars increase in value it really comes to condition first and color second. I promise you. Now in fairness, if you are looking for an average condition car, you can let color drive your decision making. If you are looking for a great or special car...most of the time you get the color you get.

For me, for a car to be special it needs to be a special color. Guards red will never be that.

I like mine.

http://forums.pelicanparts.com/uploa...1407544592.jpg

Car ownership is unique. A seat for every arse. I owned a GR Carrera. Bought it as a track rat and nothing else. For others it will be the archetype of the 911 from the 80's.

I don't have a huge problem with GR, but in the 80s/90s it seemed every depressed divorced middle aged guy was driving one around and the brand got tarnished a bit - at least in places where they were a common sight.

I bought a black 85 Carrera cab new in 85, and one day soon after I was driving on the west side of LA one day and there were two other black Carrera convertibles - all first in line at the intersection. A few years later, I had a black 928 and met a friend at a restaurant where there were 4 other black 928s in the lot! Porsches are/were just common cars here.

But it paid off in 2010 when I got a GR 85 Carrera for $9500 at a dealership. I was told that every prospect for the car got the purchase nixed by wife or girlfriend. To some, GR=trying too hard.

Letting the opinions of others dictate the color of your car is fu&$ing retarded.

Divorced or never married?

:)