Where do you guys see longhood values going over the long term?
 

As in 30-50 years? I was just talking about this with my wife, and what might happen to the 911 with our kids, grand-kids, etc. I can't ever see selling the car, and I drive it as much as possible. But my grand-kids might not see it that way. Just interesting to think of what kind of "gift" they may be receiving in the mid to late 21st century.

A wealthy generationX'er will not spend millions on a Duesenberg.... and my children will not spend 250k on a 1976 Porsche turbo. Enjoy what you have, when you have it. The next generation will move on to something else.

+1

I'm not so sure. Firstly factor inflation.

Car collectors like Jay Kay and others are buying cars that were made well before they were born. My 911's were made before I was born and I certainly didn't lust after them as a kid, it's only through research much later (after buying an SC in my early 20's) that I really fell in love with longhood cars.

I think a 73 RSR bodied car will still be super cool in 40 years, maybe even cooler than it is now. It's hard to put a price on cool, bit it can be lots.

Investment, not car. That is what you are discussing. Do investors shy away from a great masters painting because it is older? If you buy into the broad consesus that early 911 values can only go up in 40 years they should bring $50,000,000+. Your grandkids might sell.

Duesenburgs are more like 4-5 generations away.

The 911/930 is just a very different thing.
The model has existed for 52 years and the newest model is still the benchmark sportscar.
It is as relevant today as ever and there is no such thing as an out of favour/fashion 911 anywhere in the 52 year lineage of 911 cars.

I don't see the next couple of generations falling out of love with the 911...new or vintage.
Unless the world falls completely out of love with petrol driven cars as a whole.

That makes sense on paper, but the new 911 is a computer drawn, computer run, and in the 918's case, computer propelled spaceship. Lending itself more to a snapshot in time, like a vintage digital watch, rather than a hand made collectable item.

I am simply not seeing future generations who are now raised on all things that are redesigned and outdated within years, feeling nostalgic in the least. My kids, for example, are in to the future, not the past.

I could be wrong, I often am, but I think 30 million dollar Ferrari GTO's will die with the baby boomers.

Trying to project out the classic car market decades is almost impossible. Regulations, politics, social conscious, public favor, and resources all can take wild swings over the course of a few decades.

In 25 years they may be feeling nostalgic about a gasoline powered car. I also suspect it will become a lot more difficult to find your “local” gas station over the next 25 plus years. We are just in the beginning phase of the next gen of cars. IMO over the next 20 years you won’t be seeing any internal combustion cars being sold new.

I started lusting over 911’s back in 1983. My father got me a summer job working for one of the cardiac surgeons he referred patients to. I got to follow him around and photo document all of his procedures. The kicker was that I got to drive one of the cars from his fleet. I instantly gravitated to the 83 targa in dark green with tan interior. Ever since that summer I had lusted after a 911 until I bought my first one in 1994. Of course I have owned a couple dozen since then and my 8 year old son loves them too.

When I talk to my nephew who is twenty his idea of a 911 is a 997 or 991, he could care less about any of the cars I have owned.

Don't know and don't care. I bought them for my pleasure. I'll use them until I can't use them anymore. If my kids want them after that, cool. If not I'll sell them before I die.

I see the values going up 20-25 percent a year. They will be impossible for most individuals to buy so co ops and investor groups will form to pool money just to hold title to one. This trend will continue for at least two to three decades and I will decide to sell mine once the value is near one billon dollars. Once I do this the Zombie apocalypse will occur and most will be eaten, 911 values will plummet to zero and the World will end as we know it. ;-). Save the World don't sell a 911.

B

I say keep an eye on the 356 market. The 911 market should follow with maybe a 10 year lapse.

The value of high production number cars from the 1920's has peaked and dropped drastically..........

By the time we run out of, or stop using gas, an electric conversion will consist of a cell phone sized battery and an electric motor. Awesome weight savings!!!

True, and when they are all electric, guys like this will be selling their sound libraries.

https://youtu.be/No_kbFvG_S4

I wouldn't underestimate the durability of nostalgia -- even among millennials.

Have you seen what people are paying for 1st gen Apple computers?

Styles may move in cycles, but "Vintage" always comes back to cool eventually.

Have you noticed how teens are all wearing 80s-era Top Gun-style Ray Bans?

I'm not predicting ever-rising 911 values. But they will always be cool, and therefore valuable.

These cars stop being relevant when people stop driving them or they stop being practical for regular transportation.
Nice thing about my 87 is that I know it will live happily in the fast lane :) for a long time to come.

So, kudos to you for driving your car as much as possible ! That's the best thing we can do to keep them relevant.

Porsche is also doing the marque a great service by continually updating and making the 911 accessible to "modern" drivers. I bet the new 911 owners will eventually appreciate the older versions of these iconic cars.

Not to mention that the Porsche factory stays remarkably commited to the classic segment.
They support and host classic events, write revised literature, launch retro fashion collections and marketing campaigns designed to celebrate the history of the marque.......and most importantly offers a huge programme of spare parts for the old cars.

+1 - These cars are looking more like 356s in their value trajectory. I think handing it down should come down to your kids / grandkids interest in the car. I hope you're lucky and at least one of them has a strong interest in these cars. Otherwise once you hand it down it'll probably just get traded in at CarMax for a used Tesla. THE HORROR!!!! ;)

I talked to a guy yesterday whose pal inherited a 72 S coupe from his dad and sold it to a friend for $5K because he saw no value in it. This was less than a decade ago.

To some people these are just 'smelly old cars.'