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-   -   I give up... (http://forums.pelicanparts.com/showthread.php?t=824934)

NYNick 08-13-2014 05:56 AM

Quote:

Originally Posted by r-mm (Post 8211127)
I entirely agree with NY Nice re: real estate bubble. Real assets with real and appreciating value underlay both, yet it feels like we are entering an era of values where logic has gone out the door.

Thanks r-mm.
People call me a lot of things, but Nice isn't usually one of them!

KNS 08-13-2014 06:04 AM

Quote:

Originally Posted by NYNick (Post 8209994)
I liked it better when we we're just a 'small' bunch of Porsche guys/girls, and not a commodity to be optioned and traded for short or long term opportunity.

Remember when we used to flash our brights at each other?
Those days.SmileWavy

All the magazine articles lately talking about "best investment" are, to me, a turn off. I love Hemmings Sports & Exotic magazine. Just regular guys with modest means and budgets restoring and driving their cars. Enthusiasts.

OK-944 08-13-2014 07:03 AM

No matter what the market might dictate to some...I vow that if and when I can get myself into an SC or 3.2 that I'll drive it and enjoy it just as I do my current 85.5 944 - with gusto!

2cam 08-14-2014 05:03 AM

Quote:

Originally Posted by NYNick (Post 8210747)
Too late, my friend, too late.
I'm thinking 914's are starting to look like real bargains!

Let the run up begin!:p

Ha! I think the boat may have been missed on these as well. Have you seen the prices that they're bringing???

Honestly, I'd love to have a nice long-hood but can't justify forking out the prices that are being asked for nice, clean, solid examples. The 914 really is looking like a good deal at this point. It's not a 911, but it does offer that vintage driving experience.

2cam

NYNick 08-14-2014 05:54 AM

I was offered a 914-6 GT Tribute under construction a few months ago. The car was perfect in and out, and was getting a beautifully rebuilt 911 engine of some sort. I didn't pay attention too much, as I wasn't much interested, but I might wander back into the shop and ask the price…whaddaya think price wise? High teens?

BK911 08-14-2014 06:20 AM

High teens for a decent -6 conversion. If this clone is as nice as you say, 20s or even low 30s wouldn't surprise me. People are starting to realize how awesome the 914s are. And how more awesomer the -6s are. Real -6s are 50+.

Patrick3000 08-14-2014 06:31 AM

Quote:

Originally Posted by nynick (Post 8213302)
i was offered a 914-6 gt tribute under construction a few months ago. The car was perfect in and out, and was getting a beautifully rebuilt 911 engine of some sort. I didn't pay attention too much, as i wasn't much interested, but i might wander back into the shop and ask the price…whaddaya think price wise? High teens?

35-40

NYNick 08-14-2014 06:40 AM

Not paying that kind of money Karl…but you got me thinking…maybe we should be stocking up on 914's?

Kinda makes sense…356's out of this world, 911's becoming crazy high…the next air cooled up for consideration by the marketplace is the 914?

Was never a fan back then, but maybe a beauty today for the right money might be fun!

Patrick3000 08-14-2014 06:44 AM

Quote:

Originally Posted by NYNick (Post 8213369)
Not paying that kind of money Karl…but you got me thinking…maybe we should be stocking up on 914's?

Kinda makes sense…356's out of this world, 911's becoming crazy high…the next air cooled up for consideration by the marketplace is the 914?

Was never a fan back then, but maybe a beauty today for the right money might be fun!

Here is a little inspiration for you

http://i146.photobucket.com/albums/r...ps58562874.jpg

NYNick 08-14-2014 06:59 AM

Ok, now I'm definitely going back to the shop…
Sold a Targa, so I've got a little cash burning a hole in my pocket. Plus I know the shop VERY well, and the Master Mechanic who is building the car. He also built my 3.0 Tribute, which is everything I've ever wanted in an air-cooled. Here's she is...http://forums.pelicanparts.com/uploa...1408028325.jpg

2cam 08-14-2014 07:00 AM

Quote:

Originally Posted by NYNick (Post 8213369)
Not paying that kind of money Karl…but you got me thinking…maybe we should be stocking up on 914's?

Was never a fan back then, but maybe a beauty today for the right money might be fun!

I never really cared for the look of their exterior, but always loved the spartan, bare-bones interior with the simple 3 gauge dash. I like my 3.2 but the minimalism of the 914 is really attractive to me.

2cam

CountD 08-14-2014 07:08 AM

Listen...

Until VERY VERY recently, US spec Carreras were pooh-poohed by everyone in the Porsche community, and every other community, saying that they weren't are aren't special cars. Guess what? They are - because of their extremely low build numbers, and by the simple fact that there are so few cleans ones. Plus on the one side, the early impact bumper Carreras look more mature and more purposeful to me.

Not to mention that the car that started this post looks super clean, super nice, and is in a very nice color. $95K is nothing for this car. What other comparable ones are out there?

Sure, it has the US spec S 2.7, but sure it has a different and special body to house this engine.

The debate on what these cars are worth in 2014 vs. any other time is long past. It's not even talk. The shock and awe about asking prices on these rare cars is pointless. These cars are almost 40 years old. They built very few even in US spec.

This is the next car to go up and stay up. I wish I had one, and wish I bought the one I was looking at 2 years ago that went for pennies. I wish I was ahead of the curve on this one. I remember I was looking at 3 Carrera Targas that went for nothing three years ago.

SevenDe 08-14-2014 07:15 AM

This one tomorrow may raise the bar for the US Carrera....Estimate $125,000 - $150,000

1974 Porsche 911 Carrera | Mecum Auctions

NYNick 08-14-2014 08:03 AM

What makes this car worth $125-$150K?

Oh, I forgot I had already written in this thread:

"The market has gotten to the point that anyone can ask almost anything, and someone, somewhere will justify the price."

CountD 08-14-2014 10:18 AM

Quote:

Originally Posted by NYNick (Post 8213502)
What makes this car worth $125-$150K?

Oh, I forgot I had already written in this thread:

"The market has gotten to the point that anyone can ask almost anything, and someone, somewhere will justify the price."


Yea, no.

It's not the market. People aren't just asking arbitrary numbers and expecting to get it. Even a US spec '74-'75 Carrera owner is in a very special club, one that had very small production volume, and it is a 911 model that had no other 'special' to compete with until '76.

Years ago, I bet you thought $100K for a RS was astronomical. Now that club, as we shall say, has moved on and the price of admission is at least 5 times that.

Someone asking $95K for a clean, low-mileage, low production 911 is not just asking some arbitrary number for a joke. On the contrary. Justifying these prices for a US spec Carrera is wasting your time. It is what it is. The market, world, people, enthusiasts or whatever you would like to refer to them as has moved on. And they have moved on without you and your opinion.

What your hypothesis leaves out is that someone can ask what they would like for a special, low-production, low-mileage 911 that is rare in 2014 when the market/world/people/etc say they can because there are more than enough buyers, and the most important thing it leaves out is that that your 'anything' is not just anything - it's a rare and desirable car.

NYNick 08-14-2014 04:40 PM

I rest my case.
Someone, somewhere will justify the price of just about anything.
You just did.

JJ 911SC 08-14-2014 05:39 PM

Quote:

Originally Posted by NYNick (Post 8209994)
... Remember when we used to flash our brights at each other?
Those days.SmileWavy

Happenned last week-end ... Mind you it seem to only happened when crossing another 911!

A neighbor down the road got a "undeserved Caymam" and the only thing I would flash him is the middle one :rolleyes::D:rolleyes:

NYNick 08-14-2014 05:49 PM

I guess that's the whole point pmax. There's no rhyme or reason to it, despite some calling them 'limited production' this and 'rare' that.

I live in a town where PT Barnum settled. Call me a pessimist when it comes to pricing, but I think the marketplace should (and does!) reflect value as well as what people are willing to pay. When people (like Auction Houses) just throw prices out there to see what happens, a false high water mark is created. Just because some idiot is willing to pay the price doesn't mean it's a smart, or even a good buy.

Of course this market has been out of control for some time now. Far be it from me to make any sense of it. As I named this thread, I give up.:confused:

pmax 08-14-2014 07:32 PM

The value has to be from the driving experience and the grin it puts on my face after every spirited drive in the twisties. I don't see the point of buying one mainly for the 'investment' value. The car does cost money to keep ! That's my rationale for choosing a 3.2 , namely, maximum driving fun for lowest overall cost.

Share a fun perk I have noticed from driving the 911, other drivers do pull over for you to pass them , lol.

Nate2046 08-14-2014 09:24 PM

Quote:

Originally Posted by Matt Monson (Post 8210802)
Nate2046,
Back then you could delete or add just about anything you wanted to a car, within reason. Roger Penske ordered a targa with 210hp mfi engine and Carrera RS rear flares. You see cars with all kinds of odd options. But only a COA will answer the actual question.

Matt, funny you should bring up the Penske Targa. I saw that particular car two years ago at a PCA show and it was/is a stunning example of what Porsche would build for their most valued customers.
With regards to this car, the ad mentions that there's no spoiler and that there is a COA available but doesn't specify if that's the original 'as-built' spec. I realize that at this price point, sourcing and fitting an original '75 tail isn't that big of a deal monetarily for the buyer. I think if I was the seller and I was looking to set a record price for a 74/75 US Carrera, I would want the car to look as original as possible. So either invest the money in fitting the proper tail or document that this car was one of 1 of xx ordered with a spoiler delete.
In any case, its a beautiful car and makes me wish I had stretched a little to buy a real Carrera 3 years ago when I was in the market:D


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