Is it my imagination................
#31
They aren't making any more Ford Model T's either but you don't see those appreciating the way you see the 964 and 993 lines.
I'm not the first to raise this point but the air-cooled 911's are the cars that people in their 30's to 60's grew up wanting to own. Now that this cohort can afford their toys, this plays into the bubble.
The new generations - these Milllenials and younger - they don't have the same aspiration for automobile ownership that we had. They're more likely to be instagramming what they ate for lunch than have a poster of a 991R on their bedroom wall.
I'm not the first to raise this point but the air-cooled 911's are the cars that people in their 30's to 60's grew up wanting to own. Now that this cohort can afford their toys, this plays into the bubble.
The new generations - these Milllenials and younger - they don't have the same aspiration for automobile ownership that we had. They're more likely to be instagramming what they ate for lunch than have a poster of a 991R on their bedroom wall.
One novelty I think the 993 plays strong to is the totally analog nature of it, including it's manual transmission. Altho it may have OBD, it's not a computer posing as a car as modern cars really are. That alone will make it collectible for a while.
One day, like the horse before it, I suspect non-automated cars will be outlawed on public roads, as they are just too dangerous for the average American to operate responsibly. Glad I'll be old or dead by then
#32
I'm talking about the average young person today whose parents don't own any enthusiast cars, aren't "into cars." Are they more or less likely than a young person 30 years ago to want to own an enthusiast car?
#34
Rennlist Member
^ This is my plan...
#35
Rennlist Member
highest point of this most recent bubble peaked 14 - 16 months ago IMO
sellers still want prices that were asked then.
993s are great cars, prices may recover and sink and recover and sink........
it's that market force cycle thing.
#37
Burning Brakes
not your imagination
highest point of this most recent bubble peaked 14 - 16 months ago IMO
sellers still want prices that were asked then.
highest point of this most recent bubble peaked 14 - 16 months ago IMO
sellers still want prices that were asked then.
#38
Race Car
Join Date: Nov 2007
Location: Miamah, La Florida
Posts: 4,694
Likes: 0
Received 67 Likes
on
26 Posts
I started my 993 journey 10 years ago when low $30K's bought me an extremely nice 1995 C2 with 3X,XXX miles. I know that those days are gone for good but I still can't believe that a similar car today is $65-75K. I know I know I know this is the market, it's how things work, get used to it. But I too think that the market lost interest a year or two ago. Hopefully this will bring the cars back to enthusiastic owners again. The positive side of this is that a lot of money was invested into these cars deferred maintenance simply because they were "worth it" now. The same hasn't happened to the 928 market yet!
Last edited by JDHertz11; 06-13-2017 at 11:29 PM.
#41
Noodle Jr.
Rennlist Member
Rennlist Member
#43
Burning Brakes
OK...so now the dollar is getting weaker and Europe and other countries can buy more or "less expensive" US goods....will we see the return of the German Buyer? Also, the market is shaking out a bit. Lower prices do not always mean well sorted cars. I think the better cars are being picked off and we will see a gradual strength coming in 8 - 12 months (unless of course we are trading nuks with the ^%$$ in North Korea)