Valuation and Marketplace article from RS

[speedster911]

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

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

[SalParadise]

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!!!!!!!!!!!!!!!!!!!!

[ficke]

Good article.

[faverymi]

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.

[Matt Monson]

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

[93097004xx]

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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[1979-930]

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

[Matt Monson]

Originally Posted by 93097004xx

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

[93097004xx]

Originally Posted by Matt Monson

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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[93097004xx]

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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[Matt Monson]

Originally Posted by 93097004xx

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 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.

[93097004xx]

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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[1979-930]

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.

[Matt Monson]

Originally Posted by 93097004xx

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

[littleoldman]

Absolutely nothing new in that article.

Buy what you like.
Enjoy
Smile
Repeat

[speednme1]

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.

[specialtyoneinc]

Originally Posted by 93097004xx

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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You're right. These guys don't anything about air-cooled Porsches or the market.

Inventory | Road Scholars

[SalParadise]

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.

[93097004xx]

Originally Posted by specialtyoneinc

You're right. These guys don't anything about air-cooled Porsches or the market.



Inventory | Road Scholars

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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[SalParadise]

....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.