Anyone Else Find Rising 911 Values Discouraging?

[Ferrariguyma]

and you have to act lightning quick. Gone are the days of waiting on a PPI and sealing the deal on a handshake, cash and carry.

I bought this 911 this past November $11,800. RoW, 117k, I'm the third owner, met second owner she had traded it in after owning it for many years, she felt she could not trust it on long trips. they kept it on a battery tender in their garage and used it rarely in the 10 yrs she owned it. The alternator was barely putting out 9 volts when I got it. Problem solved, great car strong runner and she even gave me the complete tool kit, all books german language and english, BBS wheel locks and center removal tool, real nice lady and a great car. No rust no body damage, COA shows ordered with 1 option Cruise Control, no AC. Clean car, great price. Just be ready to act lightning fast...

[CountD]

Originally Posted by ficke

The trick is to know what you really like. Which is a lot tougher than you think.

Words of wisdom here. You never know what you really like until you drive em' all.

[CountD]

Originally Posted by SilberUrS6

I would love to have a Z4 as my daily driver. Nice cars.

I think I would actually prefer a Boxster, but the Z4 is a nice car.

Right on. They are nice cars.

I had a Z3. Drove it to Boulder, CO from San Diego with my 2 year old (yes, the airbag was disconnected). Then drove it to Oregon through the volcanic region with my daughter at 3, drove it to Vegas myriad times, drove it through the desert like Hunter Thompson with the top down and 50 psi in the tires flying through El Centro and onto Sedona (where I used to live) to dip in Oak Creek and even went to the James Dean crash site in it (I know, I am a heretic).

Got my buddy into Z3's (they are all over SoCal for a song and a fish taco) - he bought one, then sold it for a Z4 M. The Z4 M is ridiculous, and has it all over the Boxster. Drove that thing up to Monterey going 90 the whole time (maybe 70, but it feels fast). I love Porsche but you can't compare the Boxster (any year) to a Z4 M.

Well, I don't have the Z3 anymore because a tree fell on it in Ocean Beach during one of the once-a-year rainstorms. There you go. Had the Z3 while I have the 911 - but the Z3 would take it all day, everyday. I would have run that Z3 at LeMans if I could have...

[87maniac]

The standard issue BMW z3 is NOT something Porschephiles would imbrace.

Z3 M Coupe IS.

"Like the 959 or a Jenson Interceptor FF, the M Coupe is the way too rare result of what happens when engineers take over the asylum. Better than all its siblings and rarer, too, the M Coupe is without question more M than all the other M cars."

The Jalopnik Fantasy Garage: First-Generation BMW M Coupe

Although I sold my 2000 M Coupe to buy a '87 G50 Carrera granite green coupe,
I still miss it. Don't miss the electronics and the Clown Shoe goofy looks.

[Matt Monson]

Sorry... A Z3 is neither a land shark nor a whale. And I bet there was no mescaline nor acid involved...

[wgwollet]

There are still nice SC cars under $20,000. Yes they need some work, but the difference in this discussion is how much work, and who is doing the work. I work on my own cars, this saves me a ton of money, I usually buy parts from our host or fellow Porsche geeks. If you have to farm this to someone else to do....then do not buy a SC under $20,000.

The key is to find a nice example, needing some work and learn how to fix it, many books, helpful tapes, etc. ....it then becomes a hobby and a attachment then just buying a car for someone else to work on.....

[JordanPryce]

Funny. I bought a z3 M coupe from EAG a bit ago.

Awesome car. more comfort and better seats than my boxer and more fun to drive. Even gets more looks than my RSA. I love it.

[Calnan]

Any group reactions to the huge lot of air cooled Porsches recently listed by Marshall Goldman as part of the 'private collection'? Some great looking stuff, including four '89 Speedsters with less than 7K miles, a bunch of 930s, and plenty of what would look to be very clean examples. But the prices (the ones that are listed) are way up there.

One interesting listing for a silver '89 cab - 8,000 miles, all original equip, etc. listed for $109,500 on ebay. Strange times indeed...

[CountD]

Originally Posted by 87maniac

The standard issue BMW z3 is NOT something Porschephiles would imbrace.

Z3 M Coupe IS.

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Well, well, well. Seems like even mentioning a Z3 here gets things going.

1) Porsche people do embrace the standard Z3 - I know at least 5 in SoCal that have both
2) A regular Z3 2.5 WITHOUT the M designation has more hp than a typical '65 to early 80's 911 - so I don't think power is the issue here
3) The Z3 doesn't have to be a coupe - in stock form, an open Z3 handles better than a 911 for most people who just want to drive it hard around town.
4) Most BMW people I talk to think the Boxster looks like a suppository with a 'can't tell if it's coming or going look' - but I do not condone this type of language or words. They even go a step further in San Diego by calling it other things, but I won't go there as I like the car myself. I don't want this to become a Ford vs. Chevy or Harley vs. the rest of the motorcycling universe thread.

It is what it is - there are myriad options out there for people who don't want their 911 anymore, can't afford or don't want to bother with current 911 prices, or just plain don't want a 911 in the first place.

[NYNick]

Hate to admit it, but my buddy bought a Z3 M 6 months ago for $20k. The dealer that sold it to him has since offered to buy it back for $5k more. Sweet deal. He's holding on to it.

[Matt Monson]

I'm loving watching the Z's compete in IMSA this year, even if they are laying the smack down on the Porsches. The bop needs adjustment.

[3literpwr]

I recently sold both my 2000 M coupe and 02 M3 for my 911's... Currently building a '81 rally car and have a stock '87 for running around. I love the cars for many reasons, but the power of the M's was nice... Especially the '02 as she was a beast!

[bgyglfr]

All this talk about Z3s etc. You could throw just about any modern sports car out there and get more performance per dollar in a spec book than an older 911 (miata anyone?). The difference is how the car feels and how it feeds the road back to your fingertips. Modern technology has a way of robbing that sensation from you. Heck, my daily driver is a 2013 GTI. It's fast, corners well, has tons of power and is even somewhat comfortable. No complaints. It's fun when I need a somewhat proper car for work but when I have my choice of what to drive, I grab the keys to the 911 every time.

I honestly don't think its a collector thing that's driving the market either. From my perspective, (anecdotal) everyone I know personally that has recently entered 911 ownership or are in the market now are looking to drive them. Maybe not as daily cars but definitely as recreational drivers. They want the experience of driving, not that of investing.

$.02 anyway.


73T
68L

[Milesaway]

I'm a Porsche guy through and through but the Z3 M was a WOW car for me By far the most fun car i've ever driven.

[Doug&Julie]

Porsche 911 Soft Window | eBay

$225,000. That's just stupid...

[mike gilbert]

Originally Posted by Doug&Julie

Porsche 911 Soft Window | eBay

$225,000. That's just stupid...

Few more years and I can retire on the sale of my 83sc...

[wally509]

Originally Posted by Doug&Julie

Porsche 911 Soft Window | eBay

$225,000. That's just stupid...

How about these then:

$130,000 for a U.S Carrera??

1974 Carrera Coupe

$60,000 for a bogus one??

www.ebay.com/itm/Porsche-911-Base-Coupe-2-Door-PORSCHE-911-1974-CARRERA

[Doug&Julie]

Originally Posted by mike gilbert

Few more years and I can retire on the sale of my 83sc...

Right…I'm beginning to think that's the plan anymore…

Originally Posted by wally509

How about these then:

$130,000 for a U.S Carrera??

$60,000 for a bogus one??

Unfortunately, these prices make me just want to sit on my car and wait until the '86s start to go to stupid levels as well…then sell for a busload of cash. (not that mine would ever sell for a busload of cash, of course…)

I also realize asking price and selling price are quite different. But I'm seeing a lot of "no lowball offers" and "don't waste my time with offers below $XX,XXX". Wow...

[G450X]

At least now the SC's are gaining a bit of respect in the market. I hope this will encourage saving a few more now that an engine and/or tansmission rebuild or paint won't automatically put someone "upside down" for market value.

5 years ago decent SC's were around $10k (I know, I bought one). I have been saving for a rebuild and backdate, but it's so much fun to drive that I will hate to have it in non-drive status for what could be many months (or years).

All the BMW M roadster talk has got me interested in one of those machines, what a great bang for buck little roadster. A late build S54 engined M roadster may be in my future unless used GT3 prices ever come back to earth!

I really want a 997.2 GT3, but no depreciation is making that unlikely...

[Dueller]

Nah....price is only important when I'm buying or selling.

Not thinking about either at the.moment.