993 WB Values are UP!!!
06-04-2021, 10:29 AM
#466
Rennlist Member
5,937 TTs were produced World Wide 1996-98
1,909 TTs US Sales 96-98
These sales and production numbers are extremely low in today’s terms!
Also take 25% less that are no longer on the road after 25 years. Wrecked, Crushed etc…
1,300 TTs today in US just figure on AVG.
Last edited by Gbos1; 06-04-2021 at 10:50 AM.
06-04-2021, 10:43 AM
#467
Rennlist Member
i do believe a general correction is coming (we simply cannot sustain these economic conditions long term), but i don't think the aircooled 911s will be overly involved in that correction. once certain cars establish a new mark, it's unlikely that they will adjust much moving forward. i think the 964s and 993s (certainly the WBs) are in this category. F355s have taken off during this same time period. i have no expectations that they will slide back from their current values.
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JAB12 (06-04-2021)
06-04-2021, 10:48 AM
#468
i do believe a general correction is coming (we simply cannot sustain these economic conditions long term), but i don't think the aircooled 911s will be overly involved in that correction. once certain cars establish a new mark, it's unlikely that they will adjust much moving forward. i think the 964s and 993s (certainly the WBs) are in this category. F355s have taken off during this same time period. i have no expectations that they will slide back from their current values.
06-04-2021, 10:55 AM
#469
Rennlist Member
2,327 C4S US Sales 1996-98
25% Less Wrecked, Crushed etc… 1,745 remain in US.
How many low mileage cars are left in Excellent Condition… probably a few hundred?
Last edited by Gbos1; 06-04-2021 at 10:57 AM.
06-04-2021, 03:15 PM
#470
Instructor
And how many C2S cars do you think are left?
1,752 C2S US Sales 1997-98
25% Less Wrecked, Crushed, etc... 1,314 remain in US
Minus how many of those C2S cars were made in Tiptronic?
1,752 C2S US Sales 1997-98
25% Less Wrecked, Crushed, etc... 1,314 remain in US
Minus how many of those C2S cars were made in Tiptronic?
06-04-2021, 08:14 PM
#471
Rennlist Member
06-04-2021, 09:15 PM
#472
IMHO this is simple supply and demand trickle effect.
I have collector friends that are into other Marques, Ferrari, Aston, Mclarens etc. that I’ve known for years and never looked at a Porsche classic of any kind. In the last few months and just in this past week I’ve had those same folks reach out and ask If I am selling any of my aircooled. I found that odd to say the least. But the more I think about it, the more it makes sense.
You have new money on the street, PPP, Crypto, real estate inflated sales or whatever, paired with the Mothership’s (PAG) inability to sell to everyone with intent to buy a new 911 product and deliver it. So next best thing is to get into a classic aircooled. Problem is there is no more supply. Just recirculating scarce inventory, so here in comes this “I’ll pay you more to get it now” trend. And here we are.
The same shortage causes non traditional Porsche people to now think they want an aircooled Porsche and demand increases over the same short supply. This has nothing to do with enthusiasm for the most part or the reasons that we all have been in this forum and hobby for years.
If I entered into the fold today I probably would only have 1 car, maybe 2. As these prices are cost prohibitive and it is not going down despite overall market correction. When have you seen a Rolex loose it’s value despite the economy? It is the same model. Go try to buy a new blue sky dweller at any authorized Rolex retailer. If they have it it’s probably twice msrp. Otherwise it’s years on waiting list. Yet you go to the secondary market and you can buy whatever you want at 2x or 3x+ msrp. But they have it! That is the difference, and Rolex is still manufacturing those models we all like. Porsche however, is not building any more aircooled anything. So if you want one today, expect to pay.
I have collector friends that are into other Marques, Ferrari, Aston, Mclarens etc. that I’ve known for years and never looked at a Porsche classic of any kind. In the last few months and just in this past week I’ve had those same folks reach out and ask If I am selling any of my aircooled. I found that odd to say the least. But the more I think about it, the more it makes sense.
You have new money on the street, PPP, Crypto, real estate inflated sales or whatever, paired with the Mothership’s (PAG) inability to sell to everyone with intent to buy a new 911 product and deliver it. So next best thing is to get into a classic aircooled. Problem is there is no more supply. Just recirculating scarce inventory, so here in comes this “I’ll pay you more to get it now” trend. And here we are.
The same shortage causes non traditional Porsche people to now think they want an aircooled Porsche and demand increases over the same short supply. This has nothing to do with enthusiasm for the most part or the reasons that we all have been in this forum and hobby for years.
If I entered into the fold today I probably would only have 1 car, maybe 2. As these prices are cost prohibitive and it is not going down despite overall market correction. When have you seen a Rolex loose it’s value despite the economy? It is the same model. Go try to buy a new blue sky dweller at any authorized Rolex retailer. If they have it it’s probably twice msrp. Otherwise it’s years on waiting list. Yet you go to the secondary market and you can buy whatever you want at 2x or 3x+ msrp. But they have it! That is the difference, and Rolex is still manufacturing those models we all like. Porsche however, is not building any more aircooled anything. So if you want one today, expect to pay.
Last edited by JAB12; 06-04-2021 at 09:20 PM.
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06-04-2021, 09:51 PM
#473
Many thanks for the figures.
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Gbos1 (06-04-2021)
06-04-2021, 10:16 PM
#474
IMHO this is simple supply and demand trickle effect.
I have collector friends that are into other Marques, Ferrari, Aston, Mclarens etc. that I’ve known for years and never looked at a Porsche classic of any kind. In the last few months and just in this past week I’ve had those same folks reach out and ask If I am selling any of my aircooled. I found that odd to say the least. But the more I think about it, the more it makes sense.
You have new money on the street, PPP, Crypto, real estate inflated sales or whatever, paired with the Mothership’s (PAG) inability to sell to everyone with intent to buy a new 911 product and deliver it. So next best thing is to get into a classic aircooled. Problem is there is no more supply. Just recirculating scarce inventory, so here in comes this “I’ll pay you more to get it now” trend. And here we are.
The same shortage causes non traditional Porsche people to now think they want an aircooled Porsche and demand increases over the same short supply. This has nothing to do with enthusiasm for the most part or the reasons that we all have been in this forum and hobby for years.
If I entered into the fold today I probably would only have 1 car, maybe 2. As these prices are cost prohibitive and it is not going down despite overall market correction. When have you seen a Rolex loose it’s value despite the economy? It is the same model. Go try to buy a new blue sky dweller at any authorized Rolex retailer. If they have it it’s probably twice msrp. Otherwise it’s years on waiting list. Yet you go to the secondary market and you can buy whatever you want at 2x or 3x+ msrp. But they have it! That is the difference, and Rolex is still manufacturing those models we all like. Porsche however, is not building any more aircooled anything. So if you want one today, expect to pay.
I have collector friends that are into other Marques, Ferrari, Aston, Mclarens etc. that I’ve known for years and never looked at a Porsche classic of any kind. In the last few months and just in this past week I’ve had those same folks reach out and ask If I am selling any of my aircooled. I found that odd to say the least. But the more I think about it, the more it makes sense.
You have new money on the street, PPP, Crypto, real estate inflated sales or whatever, paired with the Mothership’s (PAG) inability to sell to everyone with intent to buy a new 911 product and deliver it. So next best thing is to get into a classic aircooled. Problem is there is no more supply. Just recirculating scarce inventory, so here in comes this “I’ll pay you more to get it now” trend. And here we are.
The same shortage causes non traditional Porsche people to now think they want an aircooled Porsche and demand increases over the same short supply. This has nothing to do with enthusiasm for the most part or the reasons that we all have been in this forum and hobby for years.
If I entered into the fold today I probably would only have 1 car, maybe 2. As these prices are cost prohibitive and it is not going down despite overall market correction. When have you seen a Rolex loose it’s value despite the economy? It is the same model. Go try to buy a new blue sky dweller at any authorized Rolex retailer. If they have it it’s probably twice msrp. Otherwise it’s years on waiting list. Yet you go to the secondary market and you can buy whatever you want at 2x or 3x+ msrp. But they have it! That is the difference, and Rolex is still manufacturing those models we all like. Porsche however, is not building any more aircooled anything. So if you want one today, expect to pay.
06-04-2021, 11:16 PM
#475
Rennlist Member
IMHO this is simple supply and demand trickle effect.
I have collector friends that are into other Marques, Ferrari, Aston, Mclarens etc. that I’ve known for years and never looked at a Porsche classic of any kind. In the last few months and just in this past week I’ve had those same folks reach out and ask If I am selling any of my aircooled. I found that odd to say the least. But the more I think about it, the more it makes sense.
You have new money on the street, PPP, Crypto, real estate inflated sales or whatever, paired with the Mothership’s (PAG) inability to sell to everyone with intent to buy a new 911 product and deliver it. So next best thing is to get into a classic aircooled. Problem is there is no more supply. Just recirculating scarce inventory, so here in comes this “I’ll pay you more to get it now” trend. And here we are.
The same shortage causes non traditional Porsche people to now think they want an aircooled Porsche and demand increases over the same short supply. This has nothing to do with enthusiasm for the most part or the reasons that we all have been in this forum and hobby for years.
If I entered into the fold today I probably would only have 1 car, maybe 2. As these prices are cost prohibitive and it is not going down despite overall market correction. When have you seen a Rolex loose it’s value despite the economy? It is the same model. Go try to buy a new blue sky dweller at any authorized Rolex retailer. If they have it it’s probably twice msrp. Otherwise it’s years on waiting list. Yet you go to the secondary market and you can buy whatever you want at 2x or 3x+ msrp. But they have it! That is the difference, and Rolex is still manufacturing those models we all like. Porsche however, is not building any more aircooled anything. So if you want one today, expect to pay.
I have collector friends that are into other Marques, Ferrari, Aston, Mclarens etc. that I’ve known for years and never looked at a Porsche classic of any kind. In the last few months and just in this past week I’ve had those same folks reach out and ask If I am selling any of my aircooled. I found that odd to say the least. But the more I think about it, the more it makes sense.
You have new money on the street, PPP, Crypto, real estate inflated sales or whatever, paired with the Mothership’s (PAG) inability to sell to everyone with intent to buy a new 911 product and deliver it. So next best thing is to get into a classic aircooled. Problem is there is no more supply. Just recirculating scarce inventory, so here in comes this “I’ll pay you more to get it now” trend. And here we are.
The same shortage causes non traditional Porsche people to now think they want an aircooled Porsche and demand increases over the same short supply. This has nothing to do with enthusiasm for the most part or the reasons that we all have been in this forum and hobby for years.
If I entered into the fold today I probably would only have 1 car, maybe 2. As these prices are cost prohibitive and it is not going down despite overall market correction. When have you seen a Rolex loose it’s value despite the economy? It is the same model. Go try to buy a new blue sky dweller at any authorized Rolex retailer. If they have it it’s probably twice msrp. Otherwise it’s years on waiting list. Yet you go to the secondary market and you can buy whatever you want at 2x or 3x+ msrp. But they have it! That is the difference, and Rolex is still manufacturing those models we all like. Porsche however, is not building any more aircooled anything. So if you want one today, expect to pay.
06-05-2021, 12:33 AM
#476
@mike cap thanks, it is refreshing to see I am not alone in the train of thought.
Personally, I’m not sure I am into this new wave of 993/964 seekers/owners, that have created this market bubble. But that may just be remnants of my ‘old man: get off my lawn’ mentality, and I’m not even 50 yet.
Just happy I got in when I did and I can get out at anytime with no regrets. These little frog faced cars have brought me enough joy to last the other half of my lifetime.
Personally, I’m not sure I am into this new wave of 993/964 seekers/owners, that have created this market bubble. But that may just be remnants of my ‘old man: get off my lawn’ mentality, and I’m not even 50 yet.
Just happy I got in when I did and I can get out at anytime with no regrets. These little frog faced cars have brought me enough joy to last the other half of my lifetime.
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m32 (06-05-2021)
06-05-2021, 08:14 AM
#477
@mike cap thanks, it is refreshing to see I am not alone in the train of thought.
Personally, I’m not sure I am into this new wave of 993/964 seekers/owners, that have created this market bubble. But that may just be remnants of my ‘old man: get off my lawn’ mentality, and I’m not even 50 yet.
Just happy I got in when I did and I can get out at anytime with no regrets. These little frog faced cars have brought me enough joy to last the other half of my lifetime.
Personally, I’m not sure I am into this new wave of 993/964 seekers/owners, that have created this market bubble. But that may just be remnants of my ‘old man: get off my lawn’ mentality, and I’m not even 50 yet.
Just happy I got in when I did and I can get out at anytime with no regrets. These little frog faced cars have brought me enough joy to last the other half of my lifetime.
Funny how lasting icons are seldom by design at inception.
06-05-2021, 11:58 AM
#478
Rennlist Member
Originally Posted by JAB12
@mike cap thanks, it is refreshing to see I am not alone in the train of thought.
Personally, I’m not sure I am into this new wave of 993/964 seekers/owners, that have created this market bubble. But that may just be remnants of my ‘old man: get off my lawn’ mentality, and I’m not even 50 yet.
Just happy I got in when I did and I can get out at anytime with no regrets. These little frog faced cars have brought me enough joy to last the other half of my lifetime.
Personally, I’m not sure I am into this new wave of 993/964 seekers/owners, that have created this market bubble. But that may just be remnants of my ‘old man: get off my lawn’ mentality, and I’m not even 50 yet.
Just happy I got in when I did and I can get out at anytime with no regrets. These little frog faced cars have brought me enough joy to last the other half of my lifetime.
06-05-2021, 12:31 PM
#479
Probably not. And I am not debating the right to new enthusiasm. What I do not agree with is the absurd inflation of the commodity that has come with it in barely 12 months or less.
06-05-2021, 12:44 PM
#480
Rennlist Member
Originally Posted by JAB12
Probably not. And I am not debating the right to new enthusiasm. What I do not agree with is the absurd inflation of the commodity that has come with it in barely 12 months or less.