signes

Year: 2007
Make: Porsche
Model: 911
Cont. Porsche Models: GT3
Mileage (numbers only please): 20725
Color: Arctic Silver Metallic
VIN: WP0AC29937S792930
Price (no $ sign please): $159997
Private or Dealer Listing: Dealer Listing
Location (Region): Texas
Body Style: Coupe
Transmission Type: Manual - 6 speed
2 or 4 Wheel Drive?: 2 Wheel Drive
Engine Type: Fuel Injection
Stereo System: AM-FM Stereo

a Frog was just listed here today at $260k. Unmolested car w/ 12k miles.

maroli

then I'm afraid either the dealer or the buyer is nuckin futz!

I think it's ludicrous how much of a premium (80k or so) that is associated with green vs orange/black!

DRPM

Patience "grasshopper"
Too much hype in the current market...imho.

neurotic

goin2drt

Listed was the key word in that sentence.

xpensivewino

I passed on this same car at $90k about 2 years ago...My bad, or too much hype in the market place??? I'm thinking a bit of both.

SGS

Has to be a significant bubble, all things considered

DK964T

Why? Stocks up, real estate up, most everything else.

maroli

I don't know if it's a significant bubble. I would certainly like it to be, as I'd like to buy one, but I can see the prices holding, increasing, or slightly declining but not 'bursting'.

SGS

exactly

audipwr1

What goes up...

DK964T

That doesn't make sense. Just because it's more expense now than in the past doesn't mean it's a bubble. It's priced at what people are willing to pay for it (market value). These cars are in demand more than they were several years ago. Maybe they were under appreciated back then also and were too cheap. The special cars are asset classes just like cash, stocks, real estate, bonds etc. The only way these drop significantly is if the demand falls off significantly. I just don't see that happening. Maybe if we hit another deep recession and someone is forced to sell. But I think the special cars will hold value. I feel there will always be enough demand for the special cars regardless of the economy. Take a 4.0 RS for example...there aren't 600 people in the world wanting to buy one? Even in a recession? I think the demand would always be more than the available supply for the special ones. I can see the less special cars coming down. The ones that have rode the wave of price increases from the rise of the special cars. Regular Porsches that have inflated don't have the demand in a recession that a limited special Porsche does. They are certainly better than most real estate as far as liquidity goes. At least I can sell my car to someone rich guy in Saudi Arabia. Can't say the same about my house. Cars, special cars, when thought of just like any other asset class (basic supply/demand factor) can and will continue to appreciate imo. Again, only the special cars. All the regular Porsches I can see coming down if a recession hits. But the special ones....I feel will will always be in high demand. I like good debate. All in good fun. CheeRS

goin2drt

Its not priced at Market Value. People need to understand that. I am so tired of hearing that these outrageuously priced cars are at Market Value. Market value is where they are BEING SOLD, NOT the asking price. Market value for these cars IS NOT at this asking price.

Spyerx

Nice car, and of course my favorite .1RS color :-)

Less than 50 in the states is my estimate based on a few sources. colors ordered go something like this:
orange
black
white
green
silver

FWIW 3-4 silver cars traded 2-3 years ago for under 100k.

This looks like a pretty loaded up car... lot of options.

DK964T

You make a good point. However, the argument is the same. The "selling" prices are higher than they were 2 years ago.