The value of air cooled porsches
03-28-2015, 05:58 PM
#1
Racer
Thread Starter
The value of air cooled porsches
I wanted to make a thread on the speculated reasons why the price of air cooled porshes skyrocketed especially turbos. Please add to the list, use what you know or best guess why ill start
1. The price of classic ferraris sky rocketing drove these cars up, these are real classic sports cars
2. Buyers in japan or europe buying 5-10 at a time and storing these cars driving up the market.
3. Low production number of turbos compared to the amount currently produced.
1. The price of classic ferraris sky rocketing drove these cars up, these are real classic sports cars
2. Buyers in japan or europe buying 5-10 at a time and storing these cars driving up the market.
3. Low production number of turbos compared to the amount currently produced.
03-28-2015, 07:27 PM
#2
4. With modern sports vehicles being extremely capable but having a computer make most of the decisions for you, real true car people are longing for raw, unadulterated, unintermediated (if that's a word) analog cars that make you feel like it's you driving the car and not the other way round, and who cares if it's only got 200hp or so, that's still plenty of car.
03-28-2015, 10:27 PM
#4
Complicated, but lots of market dynamics.
Some objects are valued for their functionality and others as "art". Once a chair, painting or a car gets valued as "art" the entire market changes... a totally different set of buyers with different objectives and different financial resources.
A 2000 996 is inarguably a better car in every measurable way than a 1967 911S, yet one sells for $22K on a good day, and the other $220K on a bad day.
In 1992, I bought a used SAAB Turbo SPG for $12K, and looked at a 1967 911S for $9.5K, but it had rust over the rear taillights, so I passed.
They were both just "used" cars.
Today, the 1967 911S is valued as "art", and the SAAB as recyclable metal.
Some objects are valued for their functionality and others as "art". Once a chair, painting or a car gets valued as "art" the entire market changes... a totally different set of buyers with different objectives and different financial resources.
A 2000 996 is inarguably a better car in every measurable way than a 1967 911S, yet one sells for $22K on a good day, and the other $220K on a bad day.
In 1992, I bought a used SAAB Turbo SPG for $12K, and looked at a 1967 911S for $9.5K, but it had rust over the rear taillights, so I passed.
They were both just "used" cars.
Today, the 1967 911S is valued as "art", and the SAAB as recyclable metal.
03-28-2015, 11:18 PM
#5
RL Technical Advisor
Phil nailed it.
High demand from Europe (they received far less cars than N/A in the day) as well as this country.
Older people who could never afford one in their youth until now.
Younger people disillusioned with the water-boilers and that experience.
Renewed appreciation by everyone for high build quality, simplicity, ease of maintenance, and heritage (these 911's are the most successful production-based race cars of all time).
Its not a bubble.
High demand from Europe (they received far less cars than N/A in the day) as well as this country.
Older people who could never afford one in their youth until now.
Younger people disillusioned with the water-boilers and that experience.
Renewed appreciation by everyone for high build quality, simplicity, ease of maintenance, and heritage (these 911's are the most successful production-based race cars of all time).
Its not a bubble.
03-28-2015, 11:20 PM
#6
RL Technical Advisor
03-28-2015, 11:35 PM
#7
Rennlist Member
4. With modern sports vehicles being extremely capable but having a computer make most of the decisions for you, real true car people are longing for raw, unadulterated, unintermediated (if that's a word) analog cars that make you feel like it's you driving the car and not the other way round, and who cares if it's only got 200hp or so, that's still plenty of car.
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03-28-2015, 11:57 PM
#8
Racer
Thread Starter
Phil nailed it.
High demand from Europe (they received far less cars than N/A in the day) as well as this country.
Older people who could never afford one in their youth until now.
Younger people disillusioned with the water-boilers and that experience.
Renewed appreciation by everyone for high build quality, simplicity, ease of maintenance, and heritage (these 911's are the most successful production-based race cars of all time).
Its not a bubble.
High demand from Europe (they received far less cars than N/A in the day) as well as this country.
Older people who could never afford one in their youth until now.
Younger people disillusioned with the water-boilers and that experience.
Renewed appreciation by everyone for high build quality, simplicity, ease of maintenance, and heritage (these 911's are the most successful production-based race cars of all time).
Its not a bubble.
I agree 100% deff not a bubble
Heres a ferrari example i could have bought a 246 gt ferrari dino in 1999 slightly better then driver close to show for 90k
Now that same car sold for over 320k
Years ago i could have grabbed nice driver 911s 70s 80s for 12k
Same cars are worth 40k min
Very simple cars computer wise
Real deal sports cars
03-29-2015, 12:08 AM
#9
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The air cooled cars offer an experience. An experience not available in today's new cars.
The sight, sound, touch.
The air cooled 911 have the size, shape, sound and feel that enlighten the experience.
The sound of the door close. The tiny a-pillars, the classic dash and guage layout.
The sound of the engine and the feeling of the steering.
all these things make it worth while to folks.
The turbos offer even more stimulation and lower production numbers for the collector crowd.
The sight, sound, touch.
The air cooled 911 have the size, shape, sound and feel that enlighten the experience.
The sound of the door close. The tiny a-pillars, the classic dash and guage layout.
The sound of the engine and the feeling of the steering.
all these things make it worth while to folks.
The turbos offer even more stimulation and lower production numbers for the collector crowd.
03-29-2015, 12:32 AM
#12
03-29-2015, 02:58 AM
#13
RL Technical Advisor
03-29-2015, 09:54 AM
#14
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Phil nailed it.
High demand from Europe (they received far less cars than N/A in the day) as well as this country.
Older people who could never afford one in their youth until now.
Younger people disillusioned with the water-boilers and that experience.
Renewed appreciation by everyone for high build quality, simplicity, ease of maintenance, and heritage (these 911's are the most successful production-based race cars of all time).
Its not a bubble.
High demand from Europe (they received far less cars than N/A in the day) as well as this country.
Older people who could never afford one in their youth until now.
Younger people disillusioned with the water-boilers and that experience.
Renewed appreciation by everyone for high build quality, simplicity, ease of maintenance, and heritage (these 911's are the most successful production-based race cars of all time).
Its not a bubble.
Such is the way of all markets... NA 911s aren't so rare that the prices will continue to double or triple the rate of inflation as they have in the last year.
03-29-2015, 12:00 PM
#15
Burning Brakes
It is a bubble. Flippers are buying SCs for $20-25k and tacking on $10k and waiting for some rich person to buy. In a few years they will be bored and move on to something else. We will hit a peak price and prices will come down. They will not go down to $15k levels you saw 2-3 years ago, but you won't find people asking $37,000 for a 1982 911 with 109,000 miles on it. Such is the way of all markets... NA 911s aren't so rare that the prices will continue to double or triple the rate of inflation as they have in the last year.