Amber Gramps

The 993 has proven itself to be the ultimate combination of old school air cooled and modern electronics.

The 964 is just a bloated turd.

Charles Freeborn

No argument from me.

Charles Freeborn

PS - Make mine an RS America....

GTgears

Too late. Here's a good read for you:
https://rennlist.com/forums/964-foru...n-a-993-a.html

Try to find a 964 in equal condition to a 3.2 Carrera that is priced less. Not very many out there still.

Bottomline, if you want an air cooled 911 they are not going to get any cheaper, not in any variant. Cost of ownership has gone up AND new people have discovered the marque and are buying in. The latter may be a fad but the former is a financial reality. The cost of keeping one running right is way more than it was 10 years ago, let alone 5 years ago.

JCP911S

We're mixing cars and economics....

I'd say anybody who buys a car as an "investment" is probably the "greater fool", but hobbyists/collectors who buy quality and hold them generally do well in the long run...

If you appreciate the car and get pleasure from ownership, and enjoy driving it, then spending $25-30K for a 3.2 Carrara is a good alternative to spending $55K for a new Boxster.

Depreciation if the largest cost of owning a car.

I recently toured Doris Duke's mansion Rough-point in Newport... the art collection was breathtaking... she bought this stuff in the 50's and 60's and paid Tip-Top dollar at Sotheby's and the best dealers in the world...

She didn't buy it as an investment... she was already rich... she bought it because she liked it... and it is virtually priceless today.

How it works.

rodneyr

I would say is/or has the bubble burst - no one knows if or when this is going to happen.

Say you purchase a 3.2 today for $35K it will never go to zero unless the economy really collapses. So what is the actual money at risk? Lets say 5 years time the market goes down 20%. This means you will lose $7,500 over that period. On the other hand, you will enjoy the car for around $1,500+ maintenance which I think is worth the risk. Of course, this does not take into account inflation or other factor, but you get the idea.

So in my book this is a no lose situation, and if the price continues to go up you get a bonus.

Fogdweller5

All good logical responses.

I just have to find one now . . . thank you.

73911

At road Scholars magazine we too a look at some recent flips. You might find it interesting. Go here.

Richard Newton

GTgears

Flippers don't buy at auction. Not surprised at all by your data because an auction is a real market scenario. Flippers but privately from people who don't know the market.

Amber Gramps

Exactly. Flippers watch craigslist for the occasional $9,000 orphaned 3,2 in need of a good cleaning and carpet. They put in in their showroom with a $49,000 price tag. Some buyer walks by and says gosh, if you could knock that down to $39,000 I'll take it today....or a salesman throws out the same number but has 3 other people coming to pick it up tomorrow, if you want it you better get it today.

GTgears

You should read the two threads about LuxSport and BHCC in Pelicans Marketplace forum. Those guys are knocking on doors to the point of harassment trying to buy cars. If they see a parked 911 they pounce.

GothingNC

Just a market correction....

Meanwhile a 964 Targa in mint condition In my area was sold for $65K!!

It was only on the market for 48 hours.

Amber Gramps

There is a 930 parked in a driveway nearby under a tattered blue tarp. Looks like it has nice wheels. I am in Cali but it has Pensilvania plates. Really want to knock on the door........and ask WTF!!!

Freddie Two Bs

Ladies and gentlemen, I give you the $60k SC:

http://www.hemmings.com/classifieds/...c/1748056.html

GothingNC

And it is not original.

Wrong tail, muffler, looks like the miles are higher then 22,000...