Prices that blow my mind.

[1979-930]

1970 917K sells for $14,080,000.00. I like looking at cars like this.

1970 Porsche 917K | Gooding & Company

1970 Porsche 917K
Formerly the Property of Jo Siffert | Used in the Epic Film, Le Mans | Documented by Porsche Engineer and Noted Author Walter Näher

Estimate: $13,000,000 - $16,000,000
SOLD $14,080,000
Chassis:917-024

Engine: 917-021

[SalParadise]

Yeah, I actually worked on a 917 once - did an oil change. It's this car, and around 20 years ago it changed hands for around $2 million. I thought that was ridiculous money for an old race car with a rebuilt engine and a new paint job (yes we repainted it as well). Times have changed.

[Djs36345]

86 carrera 56k. Seems like prices are still flatlined.

[rdwinelover]

If you think this is expensive, wait 20 years more and see where that 14 million dollar car is priced. I can assure you, it will be way way higher. Imagine a world with electric and automated cars. Go to the racetrack and drive a piece of history. It's will be valued at way way more, guaranteed.

[Rick Brooklyn]

This looks like a really fine car, but holy cow 75 grand for a 928?

http://bringatrailer.com/listing/1994-porsche-928-gts/

Sent from my ONEPLUS A5000 using Tapatalk

[1979-930]

^^^ On BAT to boot!

And Fellowwinelover, I'm not knocking the price. It's just a stunning amount of disposable money. And I'd happily blow it on that car if I had it. But I'm a few million short.


Sent from my iPhone while Driving

[deemsriddle]

OK! How about $93,500.00 for a 2.0 liter ( four cylinder ) 914.

https://www.hagerty.com/articles-videos/Articles/2017/08/23/big-money-surprises-at-monterey-2017?utm_source=MagnetMail&utm_medium=email&utm_te rm=deemsriddle@yahoo.com&utm_content=17%2DHagerty% 20Weekly%20News%2008%2D23&utm_campaign=The%20VW%20 Bus%20is%20back%2C%20Monterey%20auction%20shockers %20and%20recap%2C%20and%20the%20surprise%20legacy% 20of%20the%20Mustang%20II

[G60SuperCharger]

Worse yet, it was the base 1.8 model with safety bumpers. Insanity.

Rdwinelover, yeah, I've heard real estate only goes up too.

[rdwinelover]

Originally Posted by G60SuperCharger

Rdwinelover, yeah, I've heard real estate only goes up too.

Your right, it does. It dips and then goes up through the highs. Sit on the sidelines and watch if you wish.

[nathanbs]

Originally Posted by rdwinelover

Your right, it does. It dips and then goes up through the highs. Sit on the sidelines and watch if you wish.

It's all the same. Pick whichever poison you feel most comfortable and confident with

[1979-930]

Originally Posted by deemsriddle

OK! How about $93,500.00 for a 2.0 liter ( four cylinder ) 914.

https://www.hagerty.com/articles-videos/Articles/2017/08/23/big-money-surprises-at-monterey-2017?utm_source=MagnetMail&utm_medium=email&utm_te rm=deemsriddle@yahoo.com&utm_content=17%2DHagerty% 20Weekly%20News%2008%2D23&utm_campaign=The%20VW%20 Bus%20is%20back%2C%20Monterey%20auction%20shockers %20and%20recap%2C%20and%20the%20surprise%20legacy% 20of%20the%20Mustang%20II

The 914 is a surprise. But then again its unbelievably low miles. I guarantee all his buddies are out searching for one with lower miles just to show him up.

But at the top of that link someone paid $1,017,000.00 for a basic restored 1951 356 1,500cc coupe. That makes the 914 look like a deal.

I guess it's the million and multi-million dollar cars that really get me thinking. I start to wonder if it's old money or stock option money being thrown around. I wonder how many people at that level are literally showing up with a line of credit acting like something they aren't. I just find myself curious about the type of person spending that amount on a car. Mainly because I've crossed paths with too many people over the years that acted like they were wealthy and smarter than everyone else. But as soon as things slowed down they were the first people to loose everything. Dotcom bomb and housing bubble had the same types of people faking it.

But we're now in the days where Billionaires are becoming the norm. You can make seven figures a year and in Monterey during the classics you'll feel poor.

[donzi339]

last year I had what i call a UNICORN, a car that should not exist other than a story someone tells at the bar. This car was an original from day one and sat in storage since the early 80s. Had a lot of interest, one in particular was a representative that they had a hedge type fund that bought Porsches. The warehouse pictures he showed me were full of pristine early original Porsches stacked. This was one of 4 warehouse they said they had and could hold 100s of cars.. The Porsches return over the last 10 years exceeds the stocks market.

[Rick Brooklyn]

Wow. $43k with 6 days to go.

https://bringatrailer.com/listing/1969-porsche-912-13/

[Prsh356]

Must be that fancy interior !

[Matt Monson]

That car is all done up nice.

[NYNick]

That car is sweet but at those prices...wow.

[1979-930]

Originally Posted by Rick Brooklyn

Wow. $43k with 6 days to go.

https://bringatrailer.com/listing/1969-porsche-912-13/

It's got a roof rack. So you know PhattMatt is loving it.
Next thing you know we'll all be wanting a 912 with a roof rack

[Rawknees'Turbo]

Originally Posted by 1979-930

It's got a roof rack. So you know PhattMatt is loving it.

Butt no surf boards for Phatt - he'll put his vintage, party kit cooler up there (contents of which are: nitrile gloves, rope, duct tape, zip ties, chloroform, rags, a stun-gun, and a large bottle of Flunitrazepam)!

[faapgar]

Great interior.I think Rawknees has a Tartan Kilt he wears in his 930.Lots of money for old race cars but remember money is only paper.I have some NOS 917 Gearsets that never sold .Evidently not priceless.Ciao Fred

[MrBonus]

Originally Posted by Rick Brooklyn

Wow. $43k with 6 days to go.

https://bringatrailer.com/listing/1969-porsche-912-13/

It's a really neat build, no question, but I'm trying to reconcile 912 pricing in my head to no avail.

I would have a hard time buying that car over an impact bumper 3.0 or 3.2 for substantially less.