My Singer 911 2014 Restoration
#436
Drifting
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Every single body part of the Singer has been repaced, sans the doors, with Carbon Fiber recreations. That is the body parts that can be replaced!
And the Singer's Intertor is in my top five of Interiors when you take into account Period, Purpose and Function of the car.
It's up there with the Pagani Huayra - remember Period, Purpose and Function here! Both cars are from cometely different eras, Purpose and Function are obvious. One thing is for sure Ferrari is going to have to change, one of the reasons why - on Average an 288 GTO is worth more than an F40 - their Idiom on their Interiors. Can't wait until BBC Top Gear gets that La Ferrari around their track - you know they, Ferrari, will have about 250 engineers helping trying to extract every little ounce out of that car.
And the Singer's Intertor is in my top five of Interiors when you take into account Period, Purpose and Function of the car.
It's up there with the Pagani Huayra - remember Period, Purpose and Function here! Both cars are from cometely different eras, Purpose and Function are obvious. One thing is for sure Ferrari is going to have to change, one of the reasons why - on Average an 288 GTO is worth more than an F40 - their Idiom on their Interiors. Can't wait until BBC Top Gear gets that La Ferrari around their track - you know they, Ferrari, will have about 250 engineers helping trying to extract every little ounce out of that car.
Last edited by Tacet-Conundrum; 12-01-2014 at 10:56 AM.
#438
Three Wheelin'
The "both" answer is the usual choice of investors in any speculative market --you could see it optimistically as participating in the average of both gains, or you could be skeptical and argue that one or both segments will eventually experience an abrupt "correction" or reversion to some more realistic rate of price change. This latter observation is statistically far more likely, while the former is the kind of buoyant exuberance that can continue on for so long (as has been the case for the last three years or so in the stock market) that it's no longer a matter of if, but when, so the job becomes one of timing the inevitable. As they say, prices tend to go up the stairs and come down the elevator (sometimes the vacant elevator shaft.) In the Porsche market, there's no historically significant precedent, nor is there any way of determining the "whys and wherefores" leading to the seemingly inexhaustible demand for a thing that is undefined other than to be in short supply. Which brings me to the observation that when speculators, especially the novices, come into a market en masse, they tend to be called "weak hands" and will likely fold early and often. This weakness will return to the market supply the least appealing cars at the highest prices -- this in turn sours the experience for would-be "greater fools" on two counts: they're getting mediocre cars; and, they're losing value with reports of each successive sale. It can be hard to see while it's happening, but once the time sample becomes long enough, the inflection downwards becomes evident. Will that have been 2014? 2016? That would raise the topic of timing, which is more religion than science. Will this kind of speculator market become cyclical, driven by economics and geared to some other supply-and-demand factor, or will it be a statistical model resembling some other well-documented form of price discovery or market manipulation.
As with the 993 market starting with the turbo s and spreading to almost any and all 993's, and the Carrera GT market, I fear the prime mover is market manipulation. Long term speculators involved in the market as brokers and dealers setting low expectations for private sellers and setting dishonestly high prices to retail or auction buyer with an open-ended time frame to wait for demand at those higher prices. I expect we'll see wider and wider gaps between reported sales and actual, real bids on cars. Sure, we'll see a perfect '73 RS go for a million due to provenance, some special connection to the Porsche family, some unique event in history, and that will buoy some future sales, but then the average millionaire with his '73 RS will try to get $400K and find even that seemingly modest number will not find union of willing buyer and willing seller.
Or so it seems to me.
As with the 993 market starting with the turbo s and spreading to almost any and all 993's, and the Carrera GT market, I fear the prime mover is market manipulation. Long term speculators involved in the market as brokers and dealers setting low expectations for private sellers and setting dishonestly high prices to retail or auction buyer with an open-ended time frame to wait for demand at those higher prices. I expect we'll see wider and wider gaps between reported sales and actual, real bids on cars. Sure, we'll see a perfect '73 RS go for a million due to provenance, some special connection to the Porsche family, some unique event in history, and that will buoy some future sales, but then the average millionaire with his '73 RS will try to get $400K and find even that seemingly modest number will not find union of willing buyer and willing seller.
Or so it seems to me.
#440
Rennlist Member
#441
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If ever an example existed it would be Auctioned at Bonhams or RM Auctions at Pebble beach, who knows how much it would it go for I wonder.
I just wish it was like the days in the late 60s/70s when you could buy some old rare Ferrari from the adds. Car is $10K and the trailer they hauled the car on is $2K. Not no more - hear stories like that all the time on Wayne Carini's "Chasing Classic Cars"!
Too bad its not like the days when you could buy an old Ferrari in the early 70s for $17K and $2K for the fifth wheel hauler they would use to take the car to the track events and races.
I just wish it was like the days in the late 60s/70s when you could buy some old rare Ferrari from the adds. Car is $10K and the trailer they hauled the car on is $2K. Not no more - hear stories like that all the time on Wayne Carini's "Chasing Classic Cars"!
Too bad its not like the days when you could buy an old Ferrari in the early 70s for $17K and $2K for the fifth wheel hauler they would use to take the car to the track events and races.
Last edited by Tacet-Conundrum; 12-02-2014 at 02:04 PM.
#443
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I dunno, adjusting for inflation $17k in 1975 works out to $75k today. This car is comfortably within that price range. A nice no-stories car from a reputable seller. You might have some trouble finding a fifth wheel hauler for $8800, though.
But like I said before I would get the last year 512TR because when you take it out to drive it is THE car and makes the biggest statement no matter where you go. Even today practically years on even the new super cars have a tough job making a bigger statement beyond the Testarossa/512TR!
Excuse me writing, it was done on a mobile and I've been having issues.
#444
Superquant your car looks amazing, congrats. I just put my deposit down to secure a SVD build. Start date 12/15, anticipate 10 months for completion. Now the long 2 year wait begins.
#446
Rennlist Member
Very late to the thread but OH MY GOD is that car BEAUTIFUL! Thanks for the pics and especially the video. Enjoy the hell out of it.
#447
Rennlist Member
Thread Starter
Congrats! it goes by fast, just find some other machines to keep you entertained in the meantime!