$200k over for 992T!
#46
Let's be honest here folks. Real estate is much more reliable to appreciate over time vs. cars, UNLESS the car is some kind of Unicorn type like a 993 turbo or a 997 GT3RS. Over time, cars depreciate otherwise, some more than others. Real estate is much more dependable.
These days, everything is psycho and a rough go. If you're paying $100k ADM you probably don't really care about money, because in 2-3 years you could be wiping your backside with it. Just saying!
These days, everything is psycho and a rough go. If you're paying $100k ADM you probably don't really care about money, because in 2-3 years you could be wiping your backside with it. Just saying!
I’ve never owned a Ferrari, Lamborghini, McLaren, etc. I did own an Aston Martin and it was the car that would make my heart pound the most whenever I went to put the key in the ignition… mostly because you never knew if it was going to start. Seriously, got stranded in that car more than a few times.
Maybe the move would be to take advantage of the market and move the TTS to get into one of the aforementioned marques. I have a few connections that would allow me to get into a Ferrari or Lamborghini at list right now.
#47
Race Car
I think the move is to ignore the market. If you want a Ferrari or Lambo and/or are done w/ the TTS, go for it. Every time I've done a car deal based on money it has ended up disappointing in some way. For me, cars are either transportation or toys.
The following 2 users liked this post by tstafford:
AlexCeres (04-23-2022),
heshalosny (04-18-2022)
#48
Race Car
It would be like Corvette marketing their cars to the purple haired, climate activist crowd.
#49
Race Car
Every time I read posts like this I feel the pain of selling my 993 Turbo to pay for my wedding. Ask me how that turned out…
I’ve never owned a Ferrari, Lamborghini, McLaren, etc. I did own an Aston Martin and it was the car that would make my heart pound the most whenever I went to put the key in the ignition… mostly because you never knew if it was going to start. Seriously, got stranded in that car more than a few times.
Maybe the move would be to take advantage of the market and move the TTS to get into one of the aforementioned marques. I have a few connections that would allow me to get into a Ferrari or Lamborghini at list right now.
I’ve never owned a Ferrari, Lamborghini, McLaren, etc. I did own an Aston Martin and it was the car that would make my heart pound the most whenever I went to put the key in the ignition… mostly because you never knew if it was going to start. Seriously, got stranded in that car more than a few times.
Maybe the move would be to take advantage of the market and move the TTS to get into one of the aforementioned marques. I have a few connections that would allow me to get into a Ferrari or Lamborghini at list right now.
Can you fit in a Lambo? Not sure how tall you are but I've heard those over 6'2" might be challenged. I'm 6'3" and I question ever fitting in one. Against popular opinion I actually like the Ferrari 296.
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AlexCeres (04-23-2022)
#50
Yup I know. It feels like they are trying to cater more and more to the Taycan Crowd......
#51
Race Car
Aston Martin Executive Says Electric Cars Aren’t Viable - TopCarNews
As for electrics...good luck! I'll never f* buy one.
As for electrics...good luck! I'll never f* buy one.
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heshalosny (04-18-2022)
#52
Oh man. You bagged a 993 Turbo and sold it off?? What color was it? Post a pic if you have it. I love the 993s. I also loved the 997 turbos. I'll always remember walking into a dealership years ago and seeing a guards red 997 turbo (the one with 480 hp). It was awesome.
Can you fit in a Lambo? Not sure how tall you are but I've heard those over 6'2" might be challenged. I'm 6'3" and I question ever fitting in one. Against popular opinion I actually like the Ferrari 296.
Can you fit in a Lambo? Not sure how tall you are but I've heard those over 6'2" might be challenged. I'm 6'3" and I question ever fitting in one. Against popular opinion I actually like the Ferrari 296.
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chance6 (04-18-2022)
#53
Is that much worse than Corvette currently marketing their cars towards the 60+ crowd putting around looking to impress 20 year old girls?
The following 2 users liked this post by Il CP:
chance6 (04-16-2022),
nine-e-neven (04-17-2022)
#54
Rennlist Member
Let's be honest here folks. Real estate is much more reliable to appreciate over time vs. cars, UNLESS the car is some kind of Unicorn type like a 993 turbo or a 997 GT3RS. Over time, cars depreciate otherwise, some more than others. Real estate is much more dependable.
These days, everything is psycho and a rough go. If you're paying $100k ADM you probably don't really care about money, because in 2-3 years you could be wiping your backside with it. Just saying!
These days, everything is psycho and a rough go. If you're paying $100k ADM you probably don't really care about money, because in 2-3 years you could be wiping your backside with it. Just saying!
AZ while hot now due to big migration patterns triggered from Covid, has a supply problem in general - there’s a lot of land there and builders and planning allow continued expansion. Only home I lost a ton of $ on was in Tucson - sold in 2011. Similar experiences in Atlanta - except for in town filled-in areas near great schools they just keep buildin’
In any case, blanket statements all have exceptions but where real estate can’t be continually made - like beach properties in CA going bonkers last 2.5 years - it’s a better bet. ICE cars with some character are also facing limited supply now, so some of this market insanity will not abate with a recession - enough people have enough money and will pay for emotional cars vs appliances that drive themselves
I sold my 1998 993-S in 2008 when the 997 models replaced the fugly 996s, betting 993 values were at a high. Lol. Miss that car but it was slower than a 350z which was annoying
Last edited by Chris C.; 04-16-2022 at 12:55 PM.
#55
If you can believe it, I got my first (used) GT car in 2011 for a song relative to MSRP. 1500 miles, 160k tag, which at the time was hard to config to get there. That original owner who paid MSRP took a pretty big bath (~25%). So I've seen that it's not always care bears and happy endings.
#56
Rennlist Member
The buyer will likely be a bitcoin bro?
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911usmc (04-29-2022)
#58
Race Car
Yeah. Everything is insane. I was just telling my wife that I should have bought some more Rolexes/Patek/AP during my escapades in Tokyo a decade ago where I could get a discount from a very reputable dealer that I did some design work for. Ugh. Even IWC is going nuts on certain vintages.
That said, even the art world is insane right now. A friend of mine who owns a gallery in SF has never seen anything like it. Work is going for 3-10x the price, into the hundreds of thousands or millions over asking to a collector.
That said, even the art world is insane right now. A friend of mine who owns a gallery in SF has never seen anything like it. Work is going for 3-10x the price, into the hundreds of thousands or millions over asking to a collector.
#60
For sure. Money is different to/for everyone.
From the ones who over extend themselves.
To the ones who have it in multitudes. Some of which still are frugal with it. And some want what they want, and buy it.
I saw where the GT4RS is going for 100k ADM.
With options and WP/Mag wheels you’re in the 300-350k range.
I never begrudge anyone for getting what they want. You can’t take it with you.
From the ones who over extend themselves.
To the ones who have it in multitudes. Some of which still are frugal with it. And some want what they want, and buy it.
I saw where the GT4RS is going for 100k ADM.
With options and WP/Mag wheels you’re in the 300-350k range.
I never begrudge anyone for getting what they want. You can’t take it with you.