Prices Keep Drifting Up
05-26-2022, 10:53 AM
#6586
Three Wheelin'
If oil keeps on going thru the roof??
No question prices are softening.
You would expect this with the stock, bond, crypto markets being in a bear market. Crypto is down 60% plus, meme stocks are down in many cases 60-80% from their highs, and long term treasuries are down over 30%. Spending capital that once was is no longer for the time being, until the "Great Valuation Reset" of the capital markets is over. And it will end. Best guess suggests that the younger buyer that was looking to enter the 996 market may be put on hold for a bit until their portfolios stabilize.
However, weakening 996 prices will create attractive entry points into the 996 market. Long term buyers better get them while you can. Speculators should go to Las Vegas. At least you will get free drinks.
You would expect this with the stock, bond, crypto markets being in a bear market. Crypto is down 60% plus, meme stocks are down in many cases 60-80% from their highs, and long term treasuries are down over 30%. Spending capital that once was is no longer for the time being, until the "Great Valuation Reset" of the capital markets is over. And it will end. Best guess suggests that the younger buyer that was looking to enter the 996 market may be put on hold for a bit until their portfolios stabilize.
However, weakening 996 prices will create attractive entry points into the 996 market. Long term buyers better get them while you can. Speculators should go to Las Vegas. At least you will get free drinks.
a 40th . I would love ❤️ to get a gts,, manual 997.2 in cobalt blue. Oil is going to continue to go thru the roof till august. Gas will cross $6 a gallon for regular. As I stated before no new refineries built in 60 plus years. As I said the solution is to build two new state of the art refineries on federal land. Don’t know how people in government don’t get it. Hopefully many people fill up and the price of gas keeps on drifting higher. I want a better improved house and possibly another toy.
Some people are realizing the root cause of the problem. As it is know refining is a real capital intensive business.
Still got over a 1/4 mill of COP stock to sell and I still have a huge position. This is going to pay for upgraded new house or a bunch of work pool in my existing home. If it goes high enough probably another p car.
Last edited by 3/98 911 coupe; 05-26-2022 at 11:01 AM.
05-26-2022, 11:19 AM
#6587
Rennlist Member
Slate is grey, and was Steve McQueen’s favorite 911 color (he drove one in the movie “LeMans”)
Therefore any PTS non-metallic Slate Grey 911 is literally priceless on Hollywood provenance alone
And the Slate Grey Metallics are ALL hen’$ teeth rare (worth by association)
Agree 100%
Therefore any PTS non-metallic Slate Grey 911 is literally priceless on Hollywood provenance alone
And the Slate Grey Metallics are ALL hen’$ teeth rare (worth by association)
Agree 100%
05-26-2022, 02:08 PM
#6588
slate grey metallic manual C4S coupe here. can confirm it is a priceless unicorn.
The following 2 users liked this post by pulpo:
bdronsick (05-26-2022),
TheChunkNorris (05-26-2022)
05-26-2022, 02:27 PM
#6589
Drifting
My favorite 911 to drive have always been the late 60's/early 70's 911 "e" model, which were really lightweight sports cars with a ton of power (much more so than the "s" in those same years in terms of usable power, even though the "s" produced more hp). The "911e" was my reference back when I had my 3.2, so the 3.2 felt heavy to me even in period. The 996.1, however, reminds me almost exactly of those early 911e's, right down to the peakiness of the power curve coming on hardest at high RPM. Of course, a 911e today, just like any vintage car, will beat you up a little after a few hours in the car, while the 996 has all the creature comforts of ice cold AC, cruise control, and is a lot faster than the 911e's. That's why I love the 996 so much.
The following 4 users liked this post by peterp:
frederik (05-27-2022),
joseph mitro (05-26-2022),
Mike Murphy (05-26-2022),
redlineblue (05-26-2022)
05-27-2022, 11:14 AM
#6590
Another 996 vid. Nice to see a strictly 996 gathering.
The following users liked this post:
Marv (05-28-2022)
05-28-2022, 01:47 PM
#6591
Rennlist Member
Speed Yellow Turbo manual coupe for $38K better move freaking fast
https://www.richmorton.com/inventory...b29931s687203/
https://www.richmorton.com/inventory...b29931s687203/
The following users liked this post:
damage98MO (05-28-2022)
05-28-2022, 02:31 PM
#6594
Rennlist Member
Also no pic of a yellow car or any info
05-28-2022, 08:28 PM
#6596
Racer
Slate is grey, and was Steve McQueen’s favorite 911 color (he drove one in the movie “LeMans”)
Therefore any PTS non-metallic Slate Grey 911 is literally priceless on Hollywood provenance alone
And the Slate Grey Metallics are ALL hen’$ teeth rare (worth by association)
Agree 100%
Therefore any PTS non-metallic Slate Grey 911 is literally priceless on Hollywood provenance alone
And the Slate Grey Metallics are ALL hen’$ teeth rare (worth by association)
Agree 100%
When I was in college I had a '79 Scout painted. I could pick any color I wanted from the catalog and I chose gunmetal grey. It's very close to the slate grey on my 911. I'm really happy I was able to get a color I loved on the 911 rather than black or silver.
The following users liked this post:
ssherman68 (05-28-2022)
05-28-2022, 10:33 PM
#6598
Rennlist Member
Originally Posted by bdronsick;[url=tel:18168678
18168678[/url]]Speed Yellow Turbo manual coupe for $38K better move freaking fast
https://www.richmorton.com/inventory...b29931s687203/
https://www.richmorton.com/inventory...b29931s687203/
05-29-2022, 07:17 AM
#6600
Rennlist Member
I have a slate grey metallic 996.1 and I love the color. I had no idea they were so rare.
When I was in college I had a '79 Scout painted. I could pick any color I wanted from the catalog and I chose gunmetal grey. It's very close to the slate grey on my 911. I'm really happy I was able to get a color I loved on the 911 rather than black or silver.
When I was in college I had a '79 Scout painted. I could pick any color I wanted from the catalog and I chose gunmetal grey. It's very close to the slate grey on my 911. I'm really happy I was able to get a color I loved on the 911 rather than black or silver.