Is The Silly Season Coming To An End
Discussion
anonymous said:
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That certainly seems to be the case with regards to price and merit, conversely I bought my 996 C4S from 911V last October (excellent dealer and I couldn't be more impressed than I am) and these two 3.2's were there then for sale, had they been the same price as the 996 I bought I would still have definitely bought the 996. It's just a better more sorted car.It's an unexplainable and unpredictable market thats for sure.
993RS sold at Sothebys for $550k last August.
http://rmsothebys.com/mo15/monterey/lots/1995-pors...
Will this prove to be the peak?
http://rmsothebys.com/mo15/monterey/lots/1995-pors...
Will this prove to be the peak?
mollytherocker said:
993RS sold at Sothebys for $550k last August.
http://rmsothebys.com/mo15/monterey/lots/1995-pors...
Will this prove to be the peak?
Will we live long enough to ever know?http://rmsothebys.com/mo15/monterey/lots/1995-pors...
Will this prove to be the peak?
mollytherocker said:
993RS sold at Sothebys for $550k last August.
http://rmsothebys.com/mo15/monterey/lots/1995-pors...
Will this prove to be the peak?
Seriously??????? Am sorry I just don't get that, it's not even in mint / perfect condition!http://rmsothebys.com/mo15/monterey/lots/1995-pors...
Will this prove to be the peak?
anonymous said:
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Scary thought J, I can't really see it though as there will surely be massive opposition, and when you look at the shipping industry for instance,; to take a similar stance on that just isn't going to happen! Mind you I think PhilRS was more questioning whether an 993RS price peak has been reach rather than legislation removing ICE cars.
anonymous said:
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J, please don't....i'm getting depressed thinking about it! I'm going to imagine a world where ICE cars are still allowed on the roads but the majority of cars will be autonomous.......just think how satisfying it would be being able to weave in and around the autonomously driven traffic all travelling at a pre-set government mandated constant mph and programmed to 'let the loon in the noisy GT3 past'
Fokker said:
It would be good to see a realignment to values an actual petrolhead would pay for the cars not investors and speculators. A 964RS would be worth 100k and a 993 RS about 150k.
I don't think you're too far off the mark there. Most people would accept those as sensible valuations for two special cars. 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....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.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.
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. Gassing Station | 911/Carrera GT | Top of Page | What's New | My Stuff