911 prices on the rise... again

[prebordao]

Another article (from Bloomberg) on the recent rise of old 911's. Nothing new here, except for this amusing paragraph:

"Their mechanically simple Volkswagen-approved engines run smoothly and easily"

Vintage Porsches Are Rising as the Next Blue Chip Classic Cars - Bloomberg Business

[gliding_serpent]

That line made me cringe also. Like saying ferrari engines are fiat approved, or more reciently, dodge/crysler approved.

My only problem with the popularity of any car as a collector is that it begins to price them out of the hands of common enthusiasts, making them less likely to be driven. The sky is not falling, but neither are the prices to own one.

[Coastr]

, especially 930s and 911 SC models. (The 930 is a flat-6 engine that was the top of the 911 range during the late ’70s and ’80s.)

Ummmm... If the 930 was a flat six at the top of the range, then what was an SC?

[RichardNew]

Let's not get too excited here. We have the Scottsdale auctions coming up. They will be followed by the Amelia auctions. After Amelia we should have a much clearer picture as to the values.

Monterey was sort of a debacle. Prices dropped but most of the cars being offered had serious issues. Everyone left Monterey not quite sure of where the market was going. The only conclusion was that bad cars don't bring the big money.

You can be sure every auction house is trying to get quality cars for Amelia. If you have a really really great Porsche this is the time to cut a deal with the auction houses. Every single house needs quality cars.

Richard Newton
Does a Restoration Ever Stop?

[javadog]

Originally Posted by Coastr

Ummmm... If the 930 was a flat six at the top of the range, then what was an SC?

Bottom of the 6 cylinder range in those years...

JR

[porschenut]

Originally Posted by Coastr

Ummmm... If the 930 was a flat six at the top of the range, then what was an SC?

Second fiddle?

[Shaun @ Tru6]

Originally Posted by Coastr

Ummmm... If the 930 was a flat six at the top of the range, then what was an SC?

A step above a 924?

I'm looking forward to 2016, especially the 928 market.

[javadog]

Originally Posted by porschenut

Second fiddle?

Third fiddle...

928, 911 turbo, 911SC, etc.

JR

[BE911SC]

Originally Posted by prebordao

Another article (from Bloomberg) on the recent rise of old 911's. Nothing new here, except for this amusing paragraph:

"Their mechanically simple Volkswagen-approved engines run smoothly and easily"

Vintage Porsches Are Rising as the Next Blue Chip Classic Cars - Bloomberg Business

It never bothers me when someone wise-cracks about the Porsche being a "glorified Volkswagen." I chuckle in agreement and with the knowledge that both the VW and the Porsche are world-beaters in their own market segments. (Recent emissions scandal not withstanding.)

[CCM911]

I never mind when folks tie Porsche to Volkswagen. Both are really good cars. I think a lot of Porsche folks did not come up through Volkswagen, so they seem to have the impression that Volkswagen does not build a quality product.

In case you have not noticed, out 911s are merely VW Beetles on steroids, LOL.

[Bob Kontak]

Originally Posted by javadog

Third fiddle...

928, 911 turbo, 911SC, etc.

JR

+1 According to the Porsche marketing function the 928 was the flagship.

Until Irwin Komenda, the designer of the 911, during an early 80's beyond the grave cameo appearance, made Dr. Wendelin Wiedekin draw the 911 lifespan on the chalkboard with a line indicating perpetuity.

[Avanti]

Originally Posted by CCM911

I never mind when folks tie Porsche to Volkswagen. Both are really good cars. I think a lot of Porsche folks did not come up through Volkswagen, so they seem to have the impression that Volkswagen does not build a quality product.

In case you have not noticed, out 911s are merely VW Beetles on steroids, LOL.

Have to disagree on VW being a good car. Build quality perhaps, but reliability not so much. Same goes for Audi. I bite my tongue when I say this but for a reliable vehicle with low maintenance costs which is what I perceive as a good car, I would go Toyota or Honda especially in the entry level segment.

Problem is you have to drive a Honda or Toyota.

Oh, the people that say a Porsche is just a VW can't afford a Porsche.

[matt930s]

BS^^^^^^^^^^^^...

MattR

[javadog]

Originally Posted by matt930s

BS^^^^^^^^^^^^...

MattR

I agree, about VW and Audi being good cars. No doubt Honda and Toyota are pretty reliable, that goes without question. But to paint the other two as unreliable is not accurate.

JR

[turbo owner]

Originally Posted by javadog

Third fiddle...

928, 911 turbo, 911SC, etc.

JR

Logged many hours in all 3, 928's were a fantastic highway cruiser, 930's are more race car and the 911SC was second fiddle to 930's.

[gearby]

The only knock I have against Audi was the new car that wouldn't run right because a pencil was left in the intake manifold. Took forever to figure that one out. I think I invented new swear words to describe Audi. Funny now, not so much at the time.
Every time I hear somebody call a Porsche a glorified Volkswagen (which is much rarer now than it was 20 years ago), I tell them it's like comparing a Corvette to a Chevette. Does anybody even remember what the Chevette was anymore?

[Rick Brooklyn]

Originally Posted by prebordao

Another article (from Bloomberg) on the recent rise of old 911's. Nothing new here, except for this amusing paragraph:

"Their mechanically simple Volkswagen-approved engines run smoothly and easily"

That's Hannah Elliott for you. Go read some of her older articles, like her review of the C7 corvette, or the one where she goes clubbing in the meatpacking district or whatever it was.

[Ferraripete]

Originally Posted by RichardNew

Let's not get too excited here. We have the Scottsdale auctions coming up. They will be followed by the Amelia auctions. After Amelia we should have a much clearer picture as to the values.

Monterey was sort of a debacle. Prices dropped but most of the cars being offered had serious issues. Everyone left Monterey not quite sure of where the market was going. The only conclusion was that bad cars don't bring the big money.

You can be sure every auction house is trying to get quality cars for Amelia. If you have a really really great Porsche this is the time to cut a deal with the auction houses. Every single house needs quality cars.

Richard Newton
Does a Restoration Ever Stop?

Scottsdale auctions? words to the wise: don't place too much stock in Porsche valuations based on Scottsdale auction results. neither Porsche nor Ferrari have classically ever brought the money there. the best examples won't be sold in Scottsdale...never have been.

[Avanti]

Originally Posted by javadog

I agree, about VW and Audi being good cars. No doubt Honda and Toyota are pretty reliable, that goes without question. But to paint the other two as unreliable is not accurate.

JR

JR, I hear you. No modern car today is unreliable in the sense we remember cars years ago breaking down. The point I was making is they are not as good as people perceive them to be.

My opinion of VW and Audi as not being good cars is just based on my 25 years of running a pre-purchase inspection business in Southern CA.

Also, have a former student that was an Audi dealer tech. We spent many a class break with him telling me his latest "Bad Audi" story. For example, he rebuilt many A3 motors with only 40k miles. Bad piston rings. He was a very busy tech.

[javadog]

Anybody that's been in the business can tell a story like that about any brand. They all have their issues. Some of them come from our driving habits, others from our poor fuels, or ridiculous maintenance schedules, etc. and aren't always the fault of the car. Modern cars are very complex and with that complexity comes the opportunity for more things to go wrong. That so few of them do is pretty amazing. My Audi experience is personal, borne of owning a dozen or more over the last 30 years. Great cars, especially when I compare them to their competition from BMW, Mercedes, etc.

JR