987 Spyder - collectiable ?
#31
Because the value of E30 and E46 M3's were in the toilet right before this massive bubble in the car market started. Not a great analogy from where we are today.
#32
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What is a mint restored 914 going for today? I had 3 944S2s. I couldnt get 8K for one a few years ago. Today they are asking Cayman prices. I'll dirve the Cayman while someone else drives the Camry and looks at the Spider while it appreciates.
#33
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S&P 500 in 1975 was 72.56. Today it is 2905.50. That is a 4,000% increase. If a 914 went for say $4,000 in 1975 it would have to bring $160,000 today to have kept up with the S&P. If that same $4,000 914 was bought to enjoy, it would have taken how much to fix just the rust. https://www.multpl.com/s-p-500-histo.../table/by-year
What is a mint restored 914 going for today? I had 3 944S2s. I couldnt get 8K for one a few years ago. Today they are asking Cayman prices. I'll dirve the Cayman while someone else drives the Camry and looks at the Spider while it appreciates.
What is a mint restored 914 going for today? I had 3 944S2s. I couldnt get 8K for one a few years ago. Today they are asking Cayman prices. I'll dirve the Cayman while someone else drives the Camry and looks at the Spider while it appreciates.
#34
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Collectables and appreciating doesn’t make them a good investments. That applies to the majority of cars, especially when you also add storage and fuel costs.
I would hope that current and future owners aren’t looking at these as investments. But it is nice to have a hobby car that isn’t depreciating and can be enjoyed without significant expense. Hard to beat when you also consider how good they are!
I would hope that current and future owners aren’t looking at these as investments. But it is nice to have a hobby car that isn’t depreciating and can be enjoyed without significant expense. Hard to beat when you also consider how good they are!
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john weires (06-21-2021)
#35
I'm curious if anyone predicted the meteoric rise in 993 prices before it happened, bought one with the specific goal of holding it until the values rose and then sold it for a big profit?
I've always been a fan of cars and have owned quite a few of them over the years. That said I've never been a car collector, so there's a lot about that world I don't understand. I suppose just like with everything else, there are people who are actually good about investing in cars and know what to look for. Me? If I can find a car, drive it for a few years, and then sell it for close to what I bought it for, that's a huge win. I think that the 987 Spyder is a car that can be purchased today, driven 10k miles, and sold in 3yrs for within 10% of the purchase price. Whether or not it's a car that could be held for 20yrs, babied, and sold for double MSRP, I honestly have no clue...and think that those looking to invest in something would do better to put their energies into other investments.
I've always been a fan of cars and have owned quite a few of them over the years. That said I've never been a car collector, so there's a lot about that world I don't understand. I suppose just like with everything else, there are people who are actually good about investing in cars and know what to look for. Me? If I can find a car, drive it for a few years, and then sell it for close to what I bought it for, that's a huge win. I think that the 987 Spyder is a car that can be purchased today, driven 10k miles, and sold in 3yrs for within 10% of the purchase price. Whether or not it's a car that could be held for 20yrs, babied, and sold for double MSRP, I honestly have no clue...and think that those looking to invest in something would do better to put their energies into other investments.
#36
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I predicted their rise back in 2004 and at that time I did try to buy one but couldn’t swing it. I wanted one because I loved everything about them and I knew I could drive and enjoy without losing a bunch of money. A couple of my friends did buy and benefit. But I wouldn’t call their increase meteoric, especially the non turbo models. They also now fall into the category of Collectable but not appreciating and I’m certain the 964 will follow suit except the really special ones.
#37
Why do I feel so left out!
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Bubbles pop!
#38
VIN is King. Low numbers=higher prices, and when the market say's they want more than are available, the price must climb. Look at RSA's. They sat in the low $30K's for a super long time, then they moved. In the course of 2 years following, they jumped 3-4 times in value. There were 701 built, 2 years only. How many 987.2 Spyder's were built in 2 years?....not many more, and given both PDK and Manual were included in the production numbers, I'd say the Spyder's have room to move, especially the manuals. I don't feel they have reached their full potential as yet.
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#39
I would say my 987 Spyder is collectable as it has been "collectabling" (new word) in my garage for 7 plus very enjoyable years and will stay there until my son talks me out of it . Most pure fun car I have driven in many many years. So nimble and in touch with the road. A true throwback sports car
#40
Drifting
I would say my 987 Spyder is collectable as it has been "collectabling" (new word) in my garage for 7 plus very enjoyable years and will stay there until my son talks me out of it . Most pure fun car I have driven in many many years. So nimble and in touch with the road. A true throwback sports car
#41
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If the definition of collectible = going up in value far more than originally sold (above sticker price), and nothing else... then hard to say. That definition is often used for non-car items.
If the definition of collectible = going up in value from the lowest valuation... then I would say yes, these models appear to be increasing from a low point.
If the definition of collectible = something unique owners value beyond the price point and above utility, and intend to keep for an extended time... then I would say yes, these are collectible.
If the definition of collectible = going up in value from the lowest valuation... then I would say yes, these models appear to be increasing from a low point.
If the definition of collectible = something unique owners value beyond the price point and above utility, and intend to keep for an extended time... then I would say yes, these are collectible.
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john weires (06-21-2021)
#42
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If the definition of collectible = going up in value far more than originally sold (above sticker price), and nothing else... then hard to say. That definition is often used for non-car items.
If the definition of collectible = going up in value from the lowest valuation... then I would say yes, these models appear to be increasing from a low point.
If the definition of collectible = something unique owners value beyond the price point and above utility, and intend to keep for an extended time... then I would say yes, these are collectible.
If the definition of collectible = going up in value from the lowest valuation... then I would say yes, these models appear to be increasing from a low point.
If the definition of collectible = something unique owners value beyond the price point and above utility, and intend to keep for an extended time... then I would say yes, these are collectible.
#44
Reviving thread as we are half way through 2021. I have an offer for $70k on my manual 2011 Spyder. Now that I read this thread I’m thinking about keeping it!!! Funny to reread the thread after the strong BAT sales this year.
#45
unless you really need the money, there’s no reason to sell until you feel like you’ve gotten a great price for it.