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Join Date: May 2006
Location: Ohio
Posts: 733
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What the Heck's Going on with Classic Cars?
An opinion piece, but with some interesting data:
What the Heck’s Going On with Classic Cars? | Zero Hedge
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1996 993 Coupe, Tiptronic, Polar Silver 1973 914 1.7 Marathon Blue Metallic - Sold 1977 911S Targa - Sahara Diamond Metallic - Sold 1975 911S Targa - Copper Brown Metallic - Sold |
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04-18-2017, 03:12 AM
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Mostly fluff...he could have said what he wanted to say in four or five sentences.
It's almost as if the market is cyclical! (Says someone who's been on this earth for five decades) Hugo
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Present: 1984 928S/Indischrot, 1994 968/Polar Silver Past: 1979 911SC Targa/Petrol Blue |
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04-18-2017, 03:42 AM
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Join Date: Apr 2001
Location: Linn County, Oregon
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LOL! Should known this would have been posted here. Anyway, scrolling down for the comments reads like reading here...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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04-18-2017, 08:32 AM
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Join Date: Jan 2004
Location: Docking Bay 94
Posts: 7,008
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With zero claims my insurer has been raising my premiums the last few years. They better start coming down.
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Kurt |
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04-18-2017, 05:47 PM
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Kind of Blue
Join Date: Sep 2010
Location: Delaware
Posts: 2,310
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https://www.hagerty.com/apps/valuationtools/market-trends/collector-indexes/Affordable_Classics
The interesting thing is the affordable classics are still climbing slowly.
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1971 911T w/ a 2.7 (ITBs, EFI, a bunch of other stuff, 2180 pounds with fuel) 2024 Ford Bronco Raptor |
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04-19-2017, 07:57 AM
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Join Date: May 2015
Posts: 1,392
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What the Heck's Going on with Classic Cars?
I think a lot of very rough cars coming on to the market is some of this.
When a rough driver on BaT sells for $70,000. That market doesn't differentiate between nice driver that should sell for $100,000. When I say market I mean these posters that post these articles. As for ultra high end cars selling in the $5000,000 + range. If I was ultra weathly I don't think I could think of better,safer, MORE ENJOYABLE way to invest and hold money long term. Will you loose money at times? Yes. Will it even out over the long run? Yes. Is collecting blue chip cars the most exciting way possible to "invest"? YES!
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http://9309700485earlyturbo.wordpress.com Last edited by 93097004xx; 04-19-2017 at 10:26 AM.. |
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04-19-2017, 08:47 AM
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Porsche 911
Porsche 928
