Is The Silly Season Coming To An End

Is The Silly Season Coming To An End

Author
Discussion

roygarth

2,673 posts

248 months

Friday 12th February 2016
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Robbo66 said:
rubystone said:
I turned down an average (but one of the first 500) 2.7 RS in summer of last year at £260k. At the time I wondered whether I'd regret it. Reading that article and the phrase "Carrera RS market a casualty for unremarkable cars. Only the best will sell" makes me think I may have been right...

Speaking to a respected trader a couple of Saturdays ago, I was told that market for impact bumper 911s was flat on its back too.
Whoever bought that at £260, whatever condition, RHD or LHD, is extremely fortunate.
That's what I thought! Potentially deal of the year.

roygarth

2,673 posts

248 months

Friday 12th February 2016
quotequote all
rubystone said:
hunter 66 said:
Things change , most 64 and 93 RS I know of are on trickle charge only .......... some owners have never even seen their investment ..that is the way it is ..... we drove them like we stole them because they were cheap then, it is natural when the price leaps you put them away .
I certainly did with mine. If I owned it now it would indeed be tucked away....sadly....
I paid £38k for my 993RS and did 30k miles all over the best tracks in Europe. Suddenly it was worth serious money and I got to scared to take it on track so I sold it and bought a mint 911T and a Challenge Stradale! lol seems crazy doesn't it.

hunter 66

3,905 posts

220 months

Friday 12th February 2016
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Thankfully never lose the memories .......slicks in the car driving off to the Ring with 10 mates in a RS convoy of madness....

CarreraLightweightRacing

2,011 posts

209 months

Friday 12th February 2016
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A good friend of mine was offered a '73RS 6 years ago for €60,000 euro (probably about £42K GBP at the time). It needed a little work but he turned it down as he really wanted a 964RS so bought this instead for €50,000euro. Shocking what has happened since as they are now around €800,000 over here.

Fokker

3,460 posts

222 months

Friday 12th February 2016
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Alpinestars said:
GT2?

Lovely... I had a '98 328i Sport in dark blue when I was about 27, loved it to bits and used to thrash the living st out of it!! Good times!

Here you go, this explains everything you need to know.

M3 GT was green and made 356 car for UK and the GT2 eve was a ore special 50 UK car run in Iola Red.

http://www.m3gtregister.com/index.html

Steve Rance

5,446 posts

231 months

Friday 12th February 2016
quotequote all
hunter 66 said:
Thankfully never lose the memories .......slicks in the car driving off to the Ring with 10 mates in a RS convoy of madness....

Fantastic times. I can remember circuits absolutely full of 6GT3's & RS's, 964RS's/CS's and 993RS/CS. All drivers proper driving enthusiasts and damn decent fun.. Some chaps turning up with slicks crammed on drivers seats and in the back like you did.

It's amazing and slightly sad that the demographic of Porsche driver owner has changed so much over recent years. Most still nice chaps but The driving passion and comaradery has perhaps been diluted by a garage queen / value obsession. Neither right nor wrong just different.

Digga

40,295 posts

283 months

Friday 12th February 2016
quotequote all
FWIW as a TVR nut/driver in the mid 90s I can clearly remember going to Spa and it being hugely dominated by proper, enthusiast Porsche and TVR owners. Sadly, a lot of the real "drive it like you stole it" enthusiasm is missing all round.

In that heyday PH themselves used to run Eurohoons too.

CarreraLightweightRacing

2,011 posts

209 months

Friday 12th February 2016
quotequote all
Regarding the last 2 posts, we can bring this back you know guys. I am often at the Ring/Spa/Hockenheim with a few guys, between us 964RS, 3.0RS, 7.1RS, 7.2GT3 and a few others. It would be great to get a good few events put together for old times sake. There are a group of GT3/RS owners on uk911 regularly doing DN and Spa so it isn't quite dead yet wink

Edited by CarreraLightweightRacing on Friday 12th February 13:45

Steve Rance

5,446 posts

231 months

Friday 12th February 2016
quotequote all
That's good to hear!

Robbo66

3,829 posts

233 months

Friday 12th February 2016
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hornbaek said:
Robbo66 said:
Whoever bought that at £260, whatever condition, RHD or LHD, is extremely fortunate.
Agree. I know you are fortunate to own one Robbo so lucky you. I still think that a 2.7 RS is the pure unaltered driving experience out there. It is is light nimble and in essence a very simple car. I have been looking (on and off) for the last year or so and prices are reaching ridiculous hights - but are not shifting. There was an orange 2.7 RS at the auction in Paris which did not meet its reserve (estimate was 600k i believe) and i have been looking at a very tidy 100% original car (touring) for 800 EUR which is not finding any takers at that level, so i think the market is pretty much reversing with liquidity draining out of it quickly. Stockmarkets have tanked 20% and i think this will happen to the classic car market as well. Premiums on new cars is short-lived so that is just a fluke and will go away as demand is met or other things pop up - which will always happen.
Not sure re the £260. I would buy that immediately if matching. Something there not quite right there IMO.
Agree that 2.7's are topping now....found a level. Very much depends on condition, provenance, first 500 etc. They are still shifting, behind the scenes. Anything even a little shabby, not moving. Top end is though, the 2.7 Sebring car is on for over €3 m, you must have seen that at the show, and has had offers.

Alpinestars

13,954 posts

244 months

Friday 12th February 2016
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Steve Rance said:
M3 GT's were all dark green
Non evos were dark green.

Evos are all red.

Alpinestars

13,954 posts

244 months

Friday 12th February 2016
quotequote all
Fokker said:
Lovely... I had a '98 328i Sport in dark blue when I was about 27, loved it to bits and used to thrash the living st out of it!! Good times!

Here you go, this explains everything you need to know.

M3 GT was green and made 356 car for UK and the GT2 eve was a ore special 50 UK car run in Iola Red.

http://www.m3gtregister.com/index.html
Thanks.

Didn't realise there were 356 3.0. I thought there were only 50 of each. Live and learn.

roygarth

2,673 posts

248 months

Friday 12th February 2016
quotequote all
hunter 66 said:
Thankfully never lose the memories .......slicks in the car driving off to the Ring with 10 mates in a RS convoy of madness....
I had these crazy near slick road legal Dunlops....DZ02 Direzzas?? I cant believe they were road legal. First time I had them on at Spa me and my mate were laughing our heads off at the grip!

roygarth

2,673 posts

248 months

Friday 12th February 2016
quotequote all
Fokker said:
Alpinestars said:
GT2?

Lovely... I had a '98 328i Sport in dark blue when I was about 27, loved it to bits and used to thrash the living st out of it!! Good times!

Here you go, this explains everything you need to know.

M3 GT was green and made 356 car for UK and the GT2 eve was a ore special 50 UK car run in Iola Red.

http://www.m3gtregister.com/index.html
I've just bought a mint low miler E46 M3 manual in Laguna Seca Blue for every day - great car for the £££.

Steve Rance

5,446 posts

231 months

Friday 12th February 2016
quotequote all
Alpinestars said:
Non evos were dark green.

Evos are all red.
They made an E36 M3 GT evo? Are you sure that you don't mean an E36 M3Evo?

mm450exc

564 posts

178 months

Friday 12th February 2016
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Anybody looking for a car should look in the German OPC network. If I would get another GT3 it would be LHD for sure. Quite a few cars in the German network.

25 GT3
22 GT3RS

Fokker

3,460 posts

222 months

Friday 12th February 2016
quotequote all
Steve Rance said:
They made an E36 M3 GT evo? Are you sure that you don't mean an E36 M3Evo?
Here you go Steve... They were Iola red, sometimes called GT2 but the is incorrect as the green one was a 3.0 GT and the red one was an Evo' as it was the 3.2.

http://www.m3gtregister.com/m3evoindividual.html

Alpinestars

13,954 posts

244 months

Friday 12th February 2016
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anonymous said:
[redacted]
Fair point. I'm being too colloquial.

BobToc

1,771 posts

117 months

Friday 12th February 2016
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http://www.gmundcars.com/cars/4058/Porsche_993_Car...

Curious to see if this shifts quickly.

rubystone

11,252 posts

259 months

Friday 12th February 2016
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History is all on these investment cars. Plenty of RS owners out there are sitting on cars with a questionable provenance and believe the hype that these will be worth the same as the top-end cars out there.

I had my reasons for not buying that car, even at £260k.