NYT article on collecting cars
11-02-2007, 04:05 PM
#17
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11-02-2007, 05:01 PM
#18
Under the Radar
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Of course, if I keep buying wheels and do a clutch/rod bearing job as PM this winter, I'll have no chance anyways.
11-02-2007, 06:51 PM
#19
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If my car wasn't such a cheap piece of crap (as an investment), I wouldn't have been able to afford it. So I think it's great that our cars have such low resale value. Just don't tell anyone what great cars they are to drive, even after all these years.
11-02-2007, 10:53 PM
#20
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for the 9 or 10 years that i have been reading SCM, SCM said the 944 and 928 had the investment potential of the hindenberg.
That is why i said the article by dave kinney is a reversal of SCM's stance.
what else is there to explain? besides me typing there when i meant their in my original post.
That is why i said the article by dave kinney is a reversal of SCM's stance.
what else is there to explain? besides me typing there when i meant their in my original post.
11-02-2007, 11:00 PM
#21
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11-02-2007, 11:40 PM
#22
I'm glad 944's are cheap. You think there'd be any chance of a 17 year old buying a Porsche if they weren't sub $5k? I love the feel of it, and being able to say I've got the only Porsche in town.
I just wish people would stop asking what year it is...
I just wish people would stop asking what year it is...
11-03-2007, 06:56 AM
#23
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Early 911 guys (<83) are more like 944 owners than you may think. A visit to the 911 forum over on Pelican will show you that they are totally into DE's, modifying/updating/backdating their cars, creating versions that never existed, r-copies, driving clubs, etc, etc. Actually IMHO they are more daring with mods and more creative than many 944 owners. The r-gruppe guys are a really interesting bunch. I think it would be cool to have a similar 944 club.
(BTW what I stated above isn't a knock on 944 guys, just trying to show that all 911 guys aren't what they are often represented to be here on this forum)
11-03-2007, 09:13 AM
#24
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The 1966 427 Cobra in my neighbor's garage...that's an investment....our cars are $ for fun...and in that respect we have a SUPER DEAL in the 944 range!
11-03-2007, 10:05 AM
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11-03-2007, 01:18 PM
#27
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The early 911 is an interesting story. For many years, they had very little value. Newer cars were available with 3 or 3.2 liter engines, bigger tires, brakes etc. The buy-the-newest-one-you-can mentality. Many were turned into race cars. Now, the values are skyrocketing. Not so many are around anymore and people like the simplicity and historical aspects. I have seen pre-1974 cars with silly asking prices. They are starting to show up in the big auctions.
11-03-2007, 03:19 PM
#28
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The inclusion of the 944 there is totally bizarre. Every other car on the list was touted as a "future collectible" or special edition car when new. Who ever touted garden variety 944s as such when they were new? That would be the equivalent of buying a run of the mill base boxster today and mothballing it in the hopes that it would appreciate. No one suggested such a thing then or now. Wouldn't it make more sense to dog on the 25th anniversary 911 instead?
Adjusted for the returns of other asset classes, virtually no car is a good investment when new regardless of it's future collectibility. Even 1973 911 RSs or RSRs aren't so hot from that perspective if you look at the Dow's performance over the same period.
Adjusted for the returns of other asset classes, virtually no car is a good investment when new regardless of it's future collectibility. Even 1973 911 RSs or RSRs aren't so hot from that perspective if you look at the Dow's performance over the same period.
11-03-2007, 06:39 PM
#29
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Possibly because in the 80s a front engined, water cooled, 4 cyl. Porsche was considered a bit of an anomaly? Almost a one off? If production numbers would have been lower (say like the 914) they might have been considered a failed experiment and somewhat "collectable" years later.
11-03-2007, 07:27 PM
#30
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Early 911 guys (<83) are more like 944 owners than you may think. A visit to the 911 forum over on Pelican will show you that they are totally into DE's, modifying/updating/backdating their cars, creating versions that never existed, r-copies, driving clubs, etc, etc. Actually IMHO they are more daring with mods and more creative than many 944 owners. The r-gruppe guys are a really interesting bunch. I think it would be cool to have a similar 944 club.
(BTW what I stated above isn't a knock on 944 guys, just trying to show that all 911 guys aren't what they are often represented to be here on this forum)
(BTW what I stated above isn't a knock on 944 guys, just trying to show that all 911 guys aren't what they are often represented to be here on this forum)
I practically sh*t myself every time I see a classic 60s Porsche 911 that someone has "upgraded" with ghetto fiberglass body panels to make it look like a 90s Porsche 911.
WHY????!!!!!!!!!!!
Todd,
2006 Pontiac Solstice
2004 VW Beetle Convertible
2002 Ford Crown Victoria LX-P74
1987 Pontiac Fiero SE / V6 (3.2)
1984 Porsche 944
1981 Pontiac Trans Am WS6 (Olds 455)
1973 Volkswagen Type-2 Transporter