Valuation and Marketplace article from RS
 

Thought this was an article worth sharing on valuation and the marketplace

The Year 2017 is in My Rear View Mirror | Road Scholars

Thanks for sharing and taking the time to post.

I have one comment that I learned in English 101 while at college:

A quote from the article:

"News flash! They made more than 150,000 of the 911’s between 1974 and 1989 and they all look the same! Most have been well used, which doesn’t make them rare, it makes them worn! These cars had crappy A/C, a barely-working radio, no cup holders, and lousy ergonomics. That being said the feel, the sound, the smell, and the memories they evoke are outstanding!"

Don't trust an overused exclamation mark. This has always served me well!!!!!!!!!!!!!!!!!!!! :p

Good article.

Good realistic current article

Im actually excited I can think about new cars (to me) again.

I have no problem with my "car portfolio" plummeting. As long as I can drive them.

I hope there is gasoline when I'm an old retired fart.

I've always liked Kevin's stuff. Much better than the rubbish Richard used to push around here...

Another air cooled hater.. a 150,000 cars over 15 years is 10,000 cars a year.

Porsche builds 300,000 cars a year now....

300,000

Not nearly that many exist today especially RoW.

Billions and billions and billions of people on this planet.

Supply demand these air cooled 911s will always be in high demand for as long as there are roads to drive them.

These financial analysts need to stay in finance and stay out of assessing the car hobby. Maybe their stocks would actually return like a air cooled Porsche!


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^^^ Trying to start another debate? Isn't one thread at a time enough for you?

Do you know who Kevin Watts and Road Scholars are? Sorry, but you’re just talking out your arse on this one.

No.. but I do take issue with his math.

150,000 cars over 15 years is a drop in the bucket compared to say corvette production over the same time span.

Let me say these cars were not produced in large numbers buy yesterday’s standards and definitely not by today’s.

That’s all.


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It’s also worldwide production vs the corvette,mercedes,bmw that stateside production alone GREATLY outnumber the 911s worldwide production by a huge factor.




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It’s your wild assertions that are really at issue. He’s probably party to more transactions per month than you will make in your life time. His involvement in the air cooled market is deep and he knows of what he speaks. You may disagree with his idea of relative volume but your lead and your close comments are just inflammatory bs.

We can agree to disagree.

One thing is certain demand for these cars will only increase. So to me the argument of 150,000 cars over 15 years only strengthens the reason why these cars are and will be much sought after.


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I procrastinated on reading this because I expected a long article.
That was spot on top to bottom.

930XX you focused on the facts in one sentence and missed the meaning of it and the correctness of the entire article.

Nothing is certain and with fewer and fewer urban dwellers having any interest in things automotive I seriously doubt your opinion is correct.

Absolutely nothing new in that article.

Buy what you like.
Enjoy
Smile
Repeat

Great article..especially from someone who is in the business. Most sellers would try and tell you they have gold in their wheels. He basically stated a strong opinion that may be factual due to what they are seeing as classic car reseller. Some may not like it but the truth is the market is not where it was a couple of years ago. Very low mileage special cars will still command a premium but most of those have been scooped up by collectors. I'm sure some still exist in the wild and may come up for sale every now and then but they too might sit around before someone steps up and forks over a huge sum.

You're right. These guys don't anything about air-cooled Porsches or the market. http://forums.pelicanparts.com/suppo...leys/roker.gif

Inventory | Road Scholars

At the end of the day the 150,000 car production makes little, if any real world sense to any investor or collector or anyone wanting one of these cars.

I remember not too long ago when people would say they made almost 80,000 356s over a time span from 1948-1966. People would say they weren't rare, they weren't valuable, and they would never be worth much as an investment because they made too many.

It's a load of BS.

I wouldn't call it much as an article !! as it's a blog entry!!

Sorry about the exclamations - but they do have some nice cars, and have had some nice cars.

Well I do like how they assert they have the top %1 of the market so be prepared to pay for it.

Then in their article they state all 911s look the same..


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....so this is what I would come up with if I was writing my own blog, which in sense I am!

News flash! Most old collector cars like Jaguars, MGs, Ferraris, Maseratis, Minis, old American iron, many old Porsches are impractical, unsafe, have awful road noise, take small tires, no cup holders, no third row, no electric seats, no body protection, fading paint, leaky engines and transmissions, parts that wear at an alarming rate, bad drum brakes, unsafe fuel tanks, leaky lines, smelly interiors, no airbags, no impact protection, and no latches for car seats! Most have been well used, which doesn’t make them rare, it makes them worn! That being said the feel, the sound, the smell, and the memories they evoke are outstanding! And most of us are dumb enough to own one and support the hobby! Why do we do this! Why do we put our wives and family and children at risk both physically and financially! Why! And why would we race such contraptions at high speeds! Because we are alive!

Well, that's all I have to say. It's got nothing to do with production numbers.

93097004xx, question for you, and i'm being serious:

are you an enthusiast? do you actually drive your car? is it a constant source of motivation to get out of the house and sort of check out?

or is this just a financial exercise for you?

we're well aware that you are the ultimate champion for the 930 and it's corresponding market value.

i never hear you champion the satisfaction of driving that comes with ownership.

do you drive your car?...

You forgot to add they handle like dump trucks, too.

Doesn't matter how many billions of people are on the planet, how many of them will WANT an air cooled 911? We buy these cars out of nostalgia and when we die or are too old to drive, the younger guys will have no memory of an air cooled 911. They will think of them as overpriced, under-performing, rusty junk that no one can repair anymore.

Valuation and Marketplace article from RS
 

Not investment as I have thrown $40,000 to $50,000 in my 930 over that past 18 years.

Earlier this year..

I sent the 930 to a master porsche technician in the hopes of making everything mechanically in the 930 as new except engine as it was deemed in fine health only having 51,000 miles.

I told the technician who is a and was a certified as a master porsche technician and master bosch technician at the dealer level when my car was new. That I wanted my 930 to drive just as it would if it just rolled out of the showroom..

That was the stated goal of the entire project which took the better part of 3 months.

The total bill came to $24,000 but I was only charged for $20,000 as it was a agreement with a set amount..

So if I was in it for the money I wouldn’t do things like this...

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He asked if you drive it and you post a story of spending a ton of money on it, and pictures of how pretty it looks. And the largest assortment of lawn care machines I've ever seen in a private home. I suspect your lawn and yard gets waxed as much as your car...

what matt said.

seriously, though, simple question. do you drive your car?

in 18 years of ownership, how many miles have you put on your car? do you own any other 911's?

i am genuinely curious if you're a driving enthusiast. not all porsche owners are, and that's cool.

i ask because you espouse the notion that the 930's can go nowhere but up in value. you are absolute in your conviction. i'm just trying to better understand where you come from with regards to your relationship with your car....

^^^ This should answer your question. A post from the Turbo forum where he was flamed for wanting to rebuild his engine with 51,000 miles on it. :rolleyes:

Don’t wash your car!
http://forums.pelicanparts.com/porsche-911-technical-forum/966211-do-not-wash-car.html

That info was from two air cooled guys in the know!! You're not one of them Mountain Man.

How can you, or anyone, be certain of this? Human beings are very fickle creatures.

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That hinge needs to be repainted. I wouldn't pay more than $99,999 for this car. Plus it doesn't have the original steering wheel.

Come on man. It was a facetious remark.

Did you even read the article?

[QUOTE=93097004xx;9696891]Seals were replace when the car was repainted that was 10 years ago and around 800 miles have been covered since.

Im sure at the age of all these cars the window seals should all be replaced.

You guys are not in the Christmas spirit - you knew the answer about the car not being driven but made made me read that stupid post about not washing a car.......http://forums.pelicanparts.com/support/smileys/wat5.gif

Valuation and Marketplace article from RS
 

[QUOTE=speedster911;9849246]
It is driven the total for this year is 48 miles.

I’ve been lusting after a testarossa for some time and starting to realize I’m not getting any younger..

Now I realized that what I’d really like to find is a testa convert with flying mirror..

I’ll never sell the 930 and I lurk on fchat looking for the right car.. then I saw this and floored me.. I feel like I’m trying to sleep with other women when I look at testarossas I feel bad.. but how could you not lust after this redhead!!

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It has the wrong speaker covers.

Should have the round plastic ones

Not the square that my later carrera has

I don't know Im down to 90.000

Valuation and Marketplace article from RS
 

Yes that was a let down I now have the reproduction round ones but need to have them installed.

Those are new leather door panels at a cost of $1000 +

I also save what ever I take off.

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[QUOTE=93097004xx;9849274] Good news for you the Testarossa market is declining faster than the 930s market. Nice hips on that Convertible.

https://bringatrailer.com/listing/1988-ferrari-testarossa-6/

[QUOTE=specialtyoneinc;9849362] Jesus. That’s less then they cost when new.

[QUOTE=specialtyoneinc;9849362] Nice car on BAT but unfortunately for me I could never fit in one of those cars, I tried a few months back and it was one of the worst cars I have ever tried to fit in. Very 80's but also very unique.....for the right size guy (in height and weight...don't get excited Mr. knees:D)

Valuation and Marketplace article from RS
 

The front wheels on the Testarossa look like they are too far back. I’m sure it’s a balance position. But it’s ugly. They need to be forward more.

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