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#1
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Heard this from someone who should know, but I don't really know him.
Heard last year that the market was pretty hot. Anyone here follow this? Thoughts?
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Thanks! WCM (Bill) '81 911 SC Red Targa 3.6 '97 328is White Coupe (2nd Owners!) '08 335i Blue Sedan '05 Chevy Tahoe green '98 Jeep Cherokee XJ "Blue" '01 Toyota 4 Runner "Pearl" Darnestown, Maryland |
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#2
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Yes.
The bubble has burst for the average car. The rare or exquisite example is still commanding strong prices, but not where they were 2 years ago. On the flip, FEWC prices are getting stronger.
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Dave - 1970 914-6 Past - 2000 Boxster - 1987 944 - 1987 924S - 1978 911 Euro SC - 1976 914 2.0 - 1970 914 1.7 / 2056cc |
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#3
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^ I must have missed the memo.....
Will buy in to peaked, but hardly "burst"
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David I hope to arrive to my death, late, in love, and a little drunk! Just because I don't care doesn't mean I don't understand... Homer Simpson "That's what's keeping me out of F1.... Too much mental maturity...." N0tt0n Some cause happiness wherever they go; others whenever they go. CHAOS, PANIC, AND DISORDER my work here is done... Live without pretending, Love without depending, Listen without defending, Speak without offending |
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#4
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Hannah Elliott writes a bunch of crap but according to her, yes.
https://www.bloomberg.com/news/artic...jaguar-porsche
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Karl Lucky owner of a couple 911s 1963 LeMans Convertible 336 HO V8 with a manual 3 speed 1965 Honda Sport 50 |
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#5
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Thank g-d. After owning my 07 997.1 for 5 years I am ready to try something different. The 88/89' prices have been pretty steep.
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#6
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Well, if you want an answer that is supported by data, listen to this guy, Nathan Merz. He actually knows what he is talking about since this is what he does for a living. Long story short, it depends.....
https://youtu.be/lgOOJgp5d_s
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Steve Potomac PCA Co-CI(retired) 89 944 Turbo Race car 85.5 944 NA son's 2015/2019/2020 944Cup and PCA Nat'l Champ racecar 94 968 1 of 11 Iris blue coupes 92 968 1 of 2 Tahoe Blue Cabriolets 98 993 C2S w/Aerokit II 77 911S Vintage race car project 70 Boss 302 86 Mustang SVO 24 F250 SD Godzilla "Noel spun! Noel spun! Don't do anything stupid, Dad." -the boy on the radio on the last lap of NASA race as the second place car spins behind me in T5 at Summit Point. |
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#7
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In my observations, I think prices started softening just after the Brexit vote. I should know; I bought at the top of the market for a 38,000 mile, polar silver 993 to replace the race car. Oh, well.
At least in the 993 world, interior color plays a big part in the perceived value to buyers. All-gray and cashmere interiors are less desirable, while black or partial black interiors are sought-after. Exterior color makes a difference; even when the market was hot, black, red, white and midnight blue cars seemed to be sitting on the market. Arctic silver, polar silver and iris blue cars were moving unless they were grossly overpriced. (Holt Motorsports had a 31,000 mile, polar silver/black 993 with PSS-10s and wanted something like $74,000 for the car. It sat for a long time.) Cabriolets are usually less desirable and rarely command top dollar unless it's something rare like a riviera blue/black car. I think the prices will come back up since the air-cooled cars are such an analog experience and owing to the near-bulletproof nature of the air-cooled motors. No IMS or bore scoring issues to worry about as can occur with the water-cooled cars, although all of the air-cooled motors seem to have some sort of moderate mechanical reckoning to deal with. The motor issues with the newer cars definitely made me rule out 997s and GT4s; I just didn't want to take the chance. I was also looking at late model Cayenne GTS's and fell in love with the handling and power but was deeply dissuaded by the bore scoring issues, a problem for which supposedly oil type has no effect on mitigation (at least according to Jake Raby).
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-'96 993 - polar silver -'03 BMW E39 M5 - LeMans Blue -'00 Toyota 4Runner 5MT -'06 Acura TL (manual gearbox winter beater) - white diamond pearl -'17 Macan GTS - agate gray (SOLD) Last edited by Mark in Baltimore; 03-19-2017 at 10:57 AM. |
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#8
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Quote:
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http://vimeo.com/29896988 “Those that can make you believe in absurdities can make you commit atrocities.” Voltaire. "There is grandeur in this view of life...." Darwin. The mountains are calling and I must go. “The earth has music for those who listen” Shakespeare. You Matter. (Until you multiply yourself times the speed of light squared. Then you Energy) “We’ve got lots of theories, we just don’t have the evidence’. |
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#9
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Hmmm. Ask someone who paid 300k for a shelby gt500 6 years ago how that is working out. The new Mustang isnt nearly as "visceral" as that Shelby.
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Turning good track cars into other people's headaches since 1990 Denis Jenkins (PCA'86) 95 318ti S54 95 318ti CS S50 02 325XIT 02 330i 98 328i 71 911T 72 914 70 Karmann Ghia, 96 f350 7.3 99 StarFlyte 13 C-Max Gone 4 356's,1 996, 4 911's, 1 912, 2 Boxster S, 5 914's, 3 944's, 3 951, 1 924S, 4 95 m3, 03 M3,95 Ti/CS. 97M345, 84 rx7ITB, ITB gti 21, ITB GTI 48, 89 325is s52,07 Z4 coupe, 69 Charger General Lee, 2 66 Cadillac verts, 1 68 cadillac vert, 87 RX7 ITS and others |
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#10
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I've got a dim view of people who speculate on cars which I'd like to hoon the @#$% out of. It's my one and only flaw.
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