NYT article on collecting cars
#31
Addict
Lifetime Rennlist
Member
Lifetime Rennlist
Member
once the 944 came out did people get rid of 924s because the 944 was new or just plain better in every way? Was it much different with the 911s?
I got rid of my 77 celica liftback with addco sways and bilsteins and got a new 83 RX7 because out of the box it was better than my celica. sure it was new, but it was better!
#32
Hey Man
Rennlist Member
Rennlist Member
you contradict yourself there. Perhaps it wasn't the buy the newest mentality because it was new, but rather the 'buy the best' mentality.
once the 944 came out did people get rid of 924s because the 944 was new or just plain better in every way? Was it much different with the 911s?
I got rid of my 77 celica liftback with addco sways and bilsteins and got a new 83 RX7 because out of the box it was better than my celica. sure it was new, but it was better!
once the 944 came out did people get rid of 924s because the 944 was new or just plain better in every way? Was it much different with the 911s?
I got rid of my 77 celica liftback with addco sways and bilsteins and got a new 83 RX7 because out of the box it was better than my celica. sure it was new, but it was better!
That 67 326 HO we talked about a few years ago is still under covers waiting for a victim. After seeing Transformers I think that car is calling to me. I figure as nice as the body and interior is the power train options are the easiest part. It is already worth more than my black 951 sitting under covers.
#33
Hey Tom,
That 67 326 HO we talked about a few years ago is still under covers waiting for a victim. After seeing Transformers I think that car is calling to me. I figure as nice as the body and interior is the power train options are the easiest part. It is already worth more than my black 951 sitting under covers.
That 67 326 HO we talked about a few years ago is still under covers waiting for a victim. After seeing Transformers I think that car is calling to me. I figure as nice as the body and interior is the power train options are the easiest part. It is already worth more than my black 951 sitting under covers.
326? I didn't see Trans Formers... I mean, I watched it when I was like 12, but I haven't seen the movie yet. What car did they have that had a 326 in it? I know they had some old 1976 Chevrolet Camaro LT-350, but other than that, were there any other older cars? I figured they were all newer GM cars.
I know my Solstice is in there, hehehe..
Did you mean a Chevy 327? Pontiac had a 326 back in the day.
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
#34
Race Director
I can't believe it when I see people cutting up an original Porsche 911 and putting body kits on it. I mean... I just don't understand what goes through these people's minds? I understand to each their own... but most of the people who modify their cars like that (putting crazy spoilers and huge wide-body kits) and then just drive it on the street... they're clearly doing it for attention. Isn't there a much more sane way to get the respect and admiration that they're seeking?
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
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
Anyone ever read the article in 911&PCar world about the "912R" ? It was a car that never existed from the factory. But someone took a 912, lightened it up in the manner that the factory did with the 911R cars, massaged the 4cyl motor a little bit, and came up with a great rendition of what could have been.
#36
Addict
Lifetime Rennlist
Member
Lifetime Rennlist
Member
Hey Tom,
That 67 326 HO we talked about a few years ago is still under covers waiting for a victim. After seeing Transformers I think that car is calling to me. I figure as nice as the body and interior is the power train options are the easiest part. It is already worth more than my black 951 sitting under covers.
That 67 326 HO we talked about a few years ago is still under covers waiting for a victim. After seeing Transformers I think that car is calling to me. I figure as nice as the body and interior is the power train options are the easiest part. It is already worth more than my black 951 sitting under covers.
reality is you own a 944, that means you take in stray dogs, help old ladys across the street, and generally have a soft spot for leftovers. go for it!
#37
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.
I noticed this too actually, and I've noticed it on a more recent level too.
I remember looking at Porsches on eBay and other car sites just 3 years ago even. I remember seeing older 911s that ran fine, didn't need much to be a good driver, and they were going for like 2 to 3 grand.
Along with that was a much lower value for the 912s. I remember seeing 912s going for $1,200-$1,500 bucks in running and driving condition, basically ready to go.
I remember seeing later model 356s that needed work, going for around 4-5 grand in average condition.
The prices are no where near that, they're basically double that right now.
I watch the Porsches on eBay frequently, and I just saw a SHELL of a 912 with no motor or anything go for around $3,000 bucks. It was nothing more than a shell, a windshield, and paint.
I collect ALL the underdogs... just look at my sig. I suppose the Trans Am isn't really an underdog, nor is the Solstice, but the others definitely are underdogs. The 73 VW Bus, for a while there no one wanted them except hippies, vagrants, and surfers, the Pontiac Fiero, etc... and on ALL those lists I'm on, the "car value" post comes up time and time again.
The one thing you CAN say about these cars (any of the underdogs or unique cars), including the vehicles listed in original article posted... they WILL go up in value at some point.
I'd NEVER recommend to ANYONE to buy a car BRAND NEW to store away... it's just not worth it. Anyone that does this either just really doesn't NEED the money for an investment, or they're crazy.
But, every car has it's low point in value (or more than once). The time to buy those unique and rare cars is when their value is low. This is pretty much the fundamental rule of investing. The 924 and 944s are pretty much at their lowest value right now. I mean, the only reason why there are so many around is becasue the bodies are so rust resistant. However, in 20 years, the Porsche 944 will "come of age" so to speak, and you'll probably see a pretty decent market for it, in particular the turbo models. Granted, it won't be as sought after as a 911, or a Hemi Cuda or something of that nature, but probably more akin to something like a classic Z car from the 240/260 days.
Anyway, now is the time that, if you plan on keeping one for the long haul, to be stock-piling parts. It can't hurt to have a spare motor either (if you want to keep it stock and you've got the space in the garage and / or shed).
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
#38
Three Wheelin'
"1982-91 PORSCHE 944 The years have not been kind to the values of Porsches from the 1980s. As an investment by an original buyer, the saddest case of all may be the 944, a front-engine water-cooled 4-cylinder car that followed the tepid 924 in both design and execution. At introduction, the 944 cost $18,980. Today, one in good condition is worth $4,100, according to Kelley Blue Book."
CRAP!!! Why didn't anybody tell me this!!!!
*hehe*
CRAP!!! Why didn't anybody tell me this!!!!
*hehe*