Prices Keep Drifting Up
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Snakebit (08-16-2021)
#2027
Drifting
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This coupled with the fact that the ratio of people who acutely monitored the car market through the last four decades and could articulate the changes of each popular model vs. people who just enjoy cars and car culture and aren't enraptured in the nitty-gritty has to be something like 1:50. I straight up had someone ask me about 6 months ago if my car was the "new 911" because of the headlights. Many, many people just don't remember.
Last edited by Dr_Strangelove; 08-16-2021 at 03:56 PM. Reason: typo.
#2029
Drifting
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Not a regular 996 but this is an interesting data point and comparison of where we are. The 7k mile 996 GT3 just sold for $140k plus fees. By comparison, two other auctions that I was watching closed like so: 9k mile 2012 Carrera 4 GTS w/PDK which went for $84k plus fees and a 1997 Ferrari F355 GTS 6 speed with higher miles but just completed engine out service for $106k plus fees. The GTS is a fairly rare and low production number car as few were ordered and that Ferrari with gated shifter...... man, I think that's where my money would have gone.
#2030
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Freaky. I had this exact thing happen to me a few months ago at a tennis club. The guy is from London and drives a Jag: walks up to the front of my 1999 and says: “Is this the new Carrera?” I laughed out loud. He had a very hard time believing the car is 23+ years old. To be honest so do I
Last edited by bdronsick; 08-16-2021 at 04:53 PM.
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Snakebit (08-16-2021)
#2032
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I had a guy in a drive through ask me if I was driving a 350Z
#2035
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Not a regular 996 but this is an interesting data point and comparison of where we are. The 7k mile 996 GT3 just sold for $140k plus fees. By comparison, two other auctions that I was watching closed like so: 9k mile 2012 Carrera 4 GTS w/PDK which went for $84k plus fees and a 1997 Ferrari F355 GTS 6 speed with higher miles but just completed engine out service for $106k plus fees. The GTS is a fairly rare and low production number car as few were ordered and that Ferrari with gated shifter...... man, I think that's where my money would have gone.
I see that GT3 going up
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bdronsick (08-16-2021),
brontosaurus (08-16-2021)
#2036
Drifting
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Good point if you plan to buy them and hope to make money on them. I buy my cars to drive and enjoy the experiences
11k miles on my 996 since October and not looking back. I think nobody would by a high mileage Ferrari hoping it would appreciate. It had work done and ready for more miles.
![Wink](https://rennlist.com/forums/images/smilies/wink.gif)
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wdb (08-18-2021)
#2037
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Good point if you plan to buy them and hope to make money on them. I buy my cars to drive and enjoy the experiences
11k miles on my 996 since October and not looking back. I think nobody would by a high mileage Ferrari hoping it would appreciate. It had work done and ready for more miles.
![Wink](https://rennlist.com/forums/images/smilies/wink.gif)
I think with everything peaking currently, nothing is an investment now
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plpete84 (08-16-2021)
#2038
Drifting
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If you plan to drive an older car and plan to service it by miles AND time in service then it would make much more sense to drive it, long term or not. Can you imagine having a car like a Ferrari that needs an engine out service because it sat for 10 years and needs $30k of work but you only drove 200 miles? Yikes!