Darklands

Someone paid recently 650.000 $ for Indiana Jones hat, so why not paying 1.200.000 for the car!

icsamerica

Could be a Chandelier Bid. No way for us to know and I've not heard from anyone in the room to see if there were many bids or not.

It's going to be interesting to see what happens to these cars when they resurface in the market place. Cars have become the big boy equivelant of Poke-mon cards. No utility and possesion alone is the value where it's based on Rarity and Condition. Big Boys, Big Toys

Times they are a changin'.... I think the most fun you can have on a track is pushing a slower car than you to it's limit. Many people think they can get a fast car and grow into it, that's not usually the case and it's certainly not as enjoyable. Another odd phemonmenon I've seen in the last 3 years or so is guys showing up to 500$ track days and choosing to buy $2000 a day or more worth of insurance, covering the whole car with sheets of blue painters tape and then have to conduct themselves with in the confines of the policy effective time. It's odd to me but they seem to be enjoying themselves too.

icsamerica

Was the hat restored ? Lol. I can see it though, Harrison Ford is a icon of masculinity and the cinema, Tom Cruise is wormy metrosexual that problably waxes his arms.

hacker-pschorr

The most famous dress in the world sold for $4.6 Million back in 2011
https://www.bbc.com/news/entertainment-arts-13828609

I dunno, we always seem to go down this rabbit hold comparing other collector items. I'll never understand (except for stories of money laundering) why a painting selling for $400 million is accepted by the collector world, but a car selling for even a fraction of that is "crazy" to many in the car world.

I'd much rather have four Ferrari 250GTO's to go have fun at the track with my friends than Salvator Mundi by Leonardo Da Vinci (sold for $400 million). A reproduction of a famous painting on my wall has the same effect as the real one other than bragging rights. Where as the car..... the real deal is worth enjoying.

fiatrn

If a car was owned by Mr Merlin, I understand it being worth more money.

If a car was owned by a movie star, i don't understand the draw.

Darklands

But is MM on todays standards a sex symbol? The 928 is….

Jon B.

My last 928 I picked up from Stan when he still lived in Colorado. I still kick myself for selling that car!

Jon B.

I've said this before, but the only 911 I would really care to own is the 996 Turbo. The current base 911 will basically run circles around that car without much work, they are that good. The only one of those I would really want to own is the Carrera T, and I don't see those being cheap enough for me to buy/daily anytime soon.

Shawn Stanford

I'm just not seeing that.

Like most 928 owners, I'm pretty aware of the market. I paid $3,500 for my first 928 in 2006, which was a ratty, but running, '79. I paid $4,500 in 2012 for Stitch. I paid $7,500 for Reuben in 2021. I could buy 928s in similar shape right now today for similar prices. That's with ever fewer cars and inflated dollars.

The typical 928 is not appreciating. The low end (<$10k) gets ever cheaper and the middle of the pack ($10k-$20k) are maybe keeping up with inflation.

I also watch prices on Fox Body Mustangs (I've owned 3) and, I hate to tell you all, but typical Fox Body Mustangs are fetching more than typical 928s in similar condition.

cobalt

Not sure how I get included in these conversations. However I think first and foremost Hacker nailed it with this comment. Although you shouldn't get me when I just had my morning coffee.



The taboo subject but it has always been the lesser of 2 evils. A subject for another day but I think we should all be very concerned where this leads.

When I ran my business it was a given that things slowed to a crawl at least 8 possibly 10 months prior to an election and come spring everything was back to normal. In fact it was a rush to make up for the orders that were delayed until after the election results. It didn't matter if it was defense work, commercial or artistic. Not sure how this will pan out but currently I am not thinking about investing in cars to make money. I think we have bigger concerns. The fact that social media has so many blow hards opining on how "this is better than that and that is worse than this and this will rise and this will fall" just shows you the average person can only parrot what these people spew and have no clue. Sadly the world relies on this as factual info and can no longer make an educated opinion without them.. Covid brought these people into the lime light and half their info is BS. That is why I still like the forums where we can discuss these issues.

I never purchased a single car as an investment. The only time I considered doing so was 2007 when I could have purchased one of 200 959's, One of 39 US spec 964 turbo S's and the Bad Boys movie car for around $500k all in. Without the liquid funds my wife put the kibosh on that quickly. Although that was the one time I was not all that interested in buying the car as a car. I knew prices would rise but this has gotten out of control. I preferred it when my car was just a car. I saw the twin to my turbo sell for $621k in this market setting a new record for the turbo 3.6 minus the Bad Boys turbo. Ironically the 3.6T was specifically mentioned by one auction expert as being the one car that will decrease in value because it isn't rare enough. LOL Setting a new high water mark in this economy I guess proved him wrong. So I never believe in the experts I listen to everything and make my own opinions.

So getting to the 928. It is in a league of its own but sadly we all know what a bad rap these got for having so many fall into the hands of Shade tree mechanics that butchered more cars than they fixed resulting in a bad stigma that 928's are unreliable. Complicated compared to the 911 of the day no doubt but like any old Porsche if well maintained is a pleasure to own. Sadly I think one of the biggest issues for the 928 is it has been out of production for so long so most people who only know the modern Porsche can't relate. I had my GTS at the local dealership and I can't tell you how many asked if it was a new model. In many ways that says a lot and it was appreciated for what it was. There are a handful of cars similar to the 928 but none can claim the build quality or feel of the car. I think it is still under appreciated and will hold strong. I would hold off on opinions regarding the future of these cars and no doubt the outliers will sell for more and less and then more again just as the 250GTO did for a while.

So for me and my son who will be club racing my 964 next year we still drive the pants off our older 911's (- turbo). I wish I had my sons youth and talent as I watch him blow by much faster cars in a 30 year old 911. I have many friends who keep buying the latest RS and they just don't understand if you want to really learn how to drive a Porsche fast start with an old 911, 944 or 928 and you will learn how to actually drive.

There is a video I have of my friends Jagermeister K3 935 being reintroduced to Fittzpatrick at Sebring. When the car was introduced the comment made (i'm paraphrasing) was, back in the days when men drove the cars and not the other way around. Think about it what would you rather own?

Sorry too much caffeine.

husker boxster

To me, the $1.2M bid for the Risky Business shark was probably market correct. Not the bidders fault the current owner bought it at the height of the inflation fueled car buying orgy. The owner either has to take a haircut on it or enjoy looking at it for another 5-10 yrs. Capitalism is the best.

Our advanced run group is filling up with GT4s, GT4 RSs, newer 911 Turbos and GT3s. My puny 300hp Cayman S Sport is a knife at a gunfight. I expect this at COTA but not here in flyover country. I'm seriously considering dropping down to intermediate. There are some high hp cars there too, but the drivers aren't as skilled so I have a fighting chance rather than being a moving chicane and exercising my left arm all session long.

RingoDingo

Oh man... just wait until you find out the "true cost" of global dependence on fossil fuels. It will BLOW YOUR MIND.

Jon B.

I wouldn't drop down unless you're fighting for track space. The situational awareness of those in the lower levels (as you know) isn't what it is in the upper groups, and that's just going to be it's own frustration. Also, I track an NB Miata mostly at VIR, and you wouldn't find me going backwards with run groups. If anything you should be trying to get into whatever is the equivalent of the instructor group so you can be free to pass wherever, including offline/odd spots when necessary. If you ever want to go club racing or run with Champcar you have to kinda embrace the chaos! Now, if that's just not your thing and you want a leisurely lapping session, disregard everything I said LOL.

hacker-pschorr

That's why I love auctions. The timing of the car when it goes across the block, the hype of that particular auction, the car itself etc... can all add up in the end. We all knew about the first auction and watched it closely. How many of us knew it was going up for sale again?

That's actually great to hear.
Every time I see a Cayman GT4 in pristine condition with low miles being rubbed down by a team of detailers with the highest grade diapers at a concourse I just shake my head. Now granted, it's their car to do what they want with and preserving a few of the marque is awesome so more power too them.
But, I'd rather see most of these with rock chips on the nose, rubber stains on the fenders etc...

My home track is Road America. I spend my track time feeling like I'm standing still between turn 14 and 5. I typically catch a group of them going into 6 and play "follow Mrs Daisy" through the hurry downs up to the kink where they drop the hammer again after turn 11.

cobalt

I actually track my GT4 and still take first at Concours with it. Frightening I know and we are not all posers. A clean car is never a bad thing and proper wax or coatings actually reduce drag and extend the life of the paint but like all things there is a limit. Respect for your equipment is paramount IMO. Keeping every aspect of the car in tip top shape is my approach but not for everyone.

Fast cars slow is pretty common lately. Some drivers are not racers but love the track. The new cars can accelerate like nothing else but the car is beyond their abilities and panic coming into the turns and over brake or end up with a bad line which slows them and everyone else down. These are usually the ones reluctant to give the perceived slower car a point by. I know a few driving GT4RS's that couldn't shake my son in our slightly modified cayman S on short tracks and he usually sets the best lap times in our black advanced run group. The Garmin is a nice tool and when comparing time my son will hit 130 down the straight vs 150+ and still be faster by as much as 3s. Sadly he is now faster than his old man. He could probably do quite well in the red group which is mostly long time instructors driving 992 cup cars or GT4 club sports. When he drives our 964 which is essentially a slow heavy cup car he is nearly as fast at most tracks except those with long straights like the Glen and VIR. It shows how much is the car and how much is skill. My son is more of a James Hunt than a Niki Lauda. He can get in most anything and drive it 10/10's but has more skill than experience. Most people I know buying these new GT cars think it will make them a faster driver and they are fast compared to 15 years ago, but actually only driving at 6-7/10's of the cars ability maybe less.

He currently is at GT? or G2 ? race track in Texas. A new facility, test driving the latest EV's against the older ICE engine Macan's. His comment was the old turbo Macan was fast. LOL I haven't heard his comments on the EV yet but I can guess what it will be. I do miss the days when everything was more evenly matched but I agree no reason to drop down in run groups unless you are a rolling speed bump. If you know what you are doing the only difference is how much exercise your left arm gets. Mine gets plenty of exercise these days but my smile is bigger knowing I am extracting as much as I can from the car.