Will GTS prices hit a new high?
02-11-2009, 06:07 PM
#46
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02-11-2009, 08:46 PM
#47
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In this economy, if he has a cash offer for $85K and hasn't run and hid.....he should.
To a true collector, only '95's are going to be worth the big money.
However, we should all be praying that he gets what he wants...it does nothing but help us all.
To a true collector, only '95's are going to be worth the big money.
However, we should all be praying that he gets what he wants...it does nothing but help us all.
02-11-2009, 10:10 PM
#48
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02-12-2009, 03:17 PM
#49
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...looks like things haven't changed much around here. I don't frequent the R'list like I used to, but the memories come rushing back with threads like these. Not naming names of course, but I seriously question why some of you guys still own a 928. You're so F'ing hypocritical. Why would you ever **** on a car that you're an enthusiast over?!?!? Besides why would it even upset you if this car sold for what the asking price was?
Status Quo here at the good 'ol 928 forum!
Status Quo here at the good 'ol 928 forum!
02-12-2009, 03:42 PM
#50
Race Car
I'm sorry to have offended you. What do you think would be an "unfair" price? $200k? What about if one was offered for sale for $800k with only 2 miles on it? I'm only looking at this logically. There is an invisible line where the price of an automobile becomes ridiculous, and this definitely does not apply to just 928's. This line is different for everyone.
I own a 928 because it is a supercar that is also cheap enough for me to acquire. That is how I like it, don't you see?
Dan
'91 928GT S/C
475hp/460lb.ft
I own a 928 because it is a supercar that is also cheap enough for me to acquire. That is how I like it, don't you see?
Dan
'91 928GT S/C
475hp/460lb.ft
02-12-2009, 04:28 PM
#51
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I'm not offended, just baffled....and it's not necessarily directed at you Dan. There are others that constantly have a negative view over things like this. I think it goes without saying that 95% of us own these cars because they are affordable these days. With that in mind, we all know/knew that they were the top of the $ scale while in production. Because a 928 comes up for sale these days that is near new...and again, that went for large sums of money...why is the asking price so offensive to you? You just said it's an affordable supercar, but does that mean the value of a prime example is not worth what the asking price is?...which btw is quite reasonable compared to when it was on the showroom floor. I'd be more inclined to say the price of several muscle cars that went for around $3K in the 60's and 70's have been WELL into the 6 digits is beyond my comprehension. If you ask me, the comparison between a 928 and a muscle is not even a comparison ...and they made a hell of a lot more of those. As said before, value is something that the guy with the cash see's. I think it's great though that the muscle cars sell for lot's of money.
Bottomline, belittling the price of a car we here are enthusiastic over and spend a lot of time talking about and working on comes across as hypocritical. Why would there be ANY criticism over the asking price of a fine example of what our cars are? The car is STILL as it was when it left the factory with every bit of engineering and beauty.
This is why I and others have been saying for the longest time, that if you want to find the harshest critics of a 928, go to the 928 community. They will keep the 928 in the ****ter forever.
...oh, but just wait until another article comes out about the 928 that isn't so positive to the car...you guys will be ripping the magazine or what have you up faster than....
JMHO
Bottomline, belittling the price of a car we here are enthusiastic over and spend a lot of time talking about and working on comes across as hypocritical. Why would there be ANY criticism over the asking price of a fine example of what our cars are? The car is STILL as it was when it left the factory with every bit of engineering and beauty.
This is why I and others have been saying for the longest time, that if you want to find the harshest critics of a 928, go to the 928 community. They will keep the 928 in the ****ter forever.
...oh, but just wait until another article comes out about the 928 that isn't so positive to the car...you guys will be ripping the magazine or what have you up faster than....
JMHO
02-12-2009, 05:05 PM
#52
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...not sure where I stand, I played both sides in this thread 
02-12-2009, 06:34 PM
#54
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Unfair Price?
The market sets price.....there is no such thing as an unfair price for a collector car. If the car sold legitimately for $800K then that would be the price. The '70 911s formerly owned by Steve McQueen is rumored to have fetched over $1m in a private transaction last year. Didn't change the value of my car, but it sure didn't upset me.
02-12-2009, 07:44 PM
#55
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I'm not offended, just baffled....and it's not necessarily directed at you Dan. There are others that constantly have a negative view over things like this. I think it goes without saying that 95% of us own these cars because they are affordable these days. With that in mind, we all know/knew that they were the top of the $ scale while in production. Because a 928 comes up for sale these days that is near new...and again, that went for large sums of money...why is the asking price so offensive to you? You just said it's an affordable supercar, but does that mean the value of a prime example is not worth what the asking price is?...which btw is quite reasonable compared to when it was on the showroom floor. I'd be more inclined to say the price of several muscle cars that went for around $3K in the 60's and 70's have been WELL into the 6 digits is beyond my comprehension. If you ask me, the comparison between a 928 and a muscle is not even a comparison ...and they made a hell of a lot more of those. As said before, value is something that the guy with the cash see's. I think it's great though that the muscle cars sell for lot's of money.
Bottomline, belittling the price of a car we here are enthusiastic over and spend a lot of time talking about and working on comes across as hypocritical. Why would there be ANY criticism over the asking price of a fine example of what our cars are? The car is STILL as it was when it left the factory with every bit of engineering and beauty.
This is why I and others have been saying for the longest time, that if you want to find the harshest critics of a 928, go to the 928 community. They will keep the 928 in the ****ter forever.
...oh, but just wait until another article comes out about the 928 that isn't so positive to the car...you guys will be ripping the magazine or what have you up faster than....
JMHO
Bottomline, belittling the price of a car we here are enthusiastic over and spend a lot of time talking about and working on comes across as hypocritical. Why would there be ANY criticism over the asking price of a fine example of what our cars are? The car is STILL as it was when it left the factory with every bit of engineering and beauty.
This is why I and others have been saying for the longest time, that if you want to find the harshest critics of a 928, go to the 928 community. They will keep the 928 in the ****ter forever.
...oh, but just wait until another article comes out about the 928 that isn't so positive to the car...you guys will be ripping the magazine or what have you up faster than....
JMHO
02-12-2009, 08:48 PM
#56
The OP posed a question, which is have GTS prices hit a new high? To me it seems the questions addresses the state of the market, not how much we love or don't love the model.
Until now, the demand for 928s has been limited, thus the "bargain" price we have seen for years. Is the car now appealing to a broader, more affluent audience? Are potential collectors viewing the cars as important and significant? If so, demand will go up and so will prices. The 911 has consistently had mass appeal, and prices reflect that. While irrational to me, muscle car demand went crazy and so did prices (notice past tense, it seems rationality is slowly returning).
I don't believe it's trashing the model by giving an opinion of what the market will bear, I love my 928 as much as anyone. It's just an intersting discussion to me. While I think it will happen some day, right now I don't see that the market has changed that much.
But I'm used to being wrong... except about the opinion that 928s are very special cars!
Until now, the demand for 928s has been limited, thus the "bargain" price we have seen for years. Is the car now appealing to a broader, more affluent audience? Are potential collectors viewing the cars as important and significant? If so, demand will go up and so will prices. The 911 has consistently had mass appeal, and prices reflect that. While irrational to me, muscle car demand went crazy and so did prices (notice past tense, it seems rationality is slowly returning).
I don't believe it's trashing the model by giving an opinion of what the market will bear, I love my 928 as much as anyone. It's just an intersting discussion to me. While I think it will happen some day, right now I don't see that the market has changed that much.
But I'm used to being wrong... except about the opinion that 928s are very special cars!
02-12-2009, 09:06 PM
#57
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The OP posed a question, which is have GTS prices hit a new high? To me it seems the questions addresses the state of the market, not how much we love or don't love the model.
Until now, the demand for 928s has been limited, thus the "bargain" price we have seen for years. Is the car now appealing to a broader, more affluent audience? Are potential collectors viewing the cars as important and significant? If so, demand will go up and so will prices. The 911 has consistently had mass appeal, and prices reflect that. While irrational to me, muscle car demand went crazy and so did prices (notice past tense, it seems rationality is slowly returning).
I don't believe it's trashing the model by giving an opinion of what the market will bear, I love my 928 as much as anyone. It's just an intersting discussion to me. While I think it will happen some day, right now I don't see that the market has changed that much.
But I'm used to being wrong... except about the opinion that 928s are very special cars!
Until now, the demand for 928s has been limited, thus the "bargain" price we have seen for years. Is the car now appealing to a broader, more affluent audience? Are potential collectors viewing the cars as important and significant? If so, demand will go up and so will prices. The 911 has consistently had mass appeal, and prices reflect that. While irrational to me, muscle car demand went crazy and so did prices (notice past tense, it seems rationality is slowly returning).
I don't believe it's trashing the model by giving an opinion of what the market will bear, I love my 928 as much as anyone. It's just an intersting discussion to me. While I think it will happen some day, right now I don't see that the market has changed that much.
But I'm used to being wrong... except about the opinion that 928s are very special cars!
02-12-2009, 09:26 PM
#58
Point well taken. I don't want to put words in Keith's mouth but I think what he was saying and I was agreeing with was; threads like this most always turn to a vocal minority whining about high 928 prices and sometimes bashing the sellers. Like Keith, I find it simply amazing that this comes from supposed fellow 928 enthusiasts who we all know would never consider a car like this for whatever reason. Am I wrong but; aren't higher prices good for EVERY 928 enthusiast? Well, unless you're buying of course.........
I find the differing points of view very interesting.
Cheers to all!
02-12-2009, 09:30 PM
#59
Rennlist Member
What a silly conversation. A forum, by definition, is intended for the exchange of ideas. You state your opinion and, agree or disagree, I can state mine. I can't imagine telling someone on here they shouldn't be posting their opinion. Of course I don't mind telling you I think your butt's cracked, if I disagree with you, but you're allowed your dumb opinion (not you Chuck), just as much as I am mine.
I'm probably an extremist on the valuation spectrum since i think any 928 running around in a badly deteriorated condition should be become a donar, and the ones then left on the road should be brought to the condition they deserve, thus increasing values and demand to the level a classic GT should enjoy.
02-12-2009, 09:58 PM
#60
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While I'm not looking to buy a garage queen - BTDT - like the subject here I am looking for 5-speed car I can have some fun with.