More hype and plain silliness

[roygarth]

hunter 66 said:

The only problem is , as with all investments when the music stops only what is a true collectable will stay that way ........
The rest will go back to being old cars

Is this true? 1991 is a long time ago but I'm pretty sure that everything went up a lot before hand and everything came down a lot afterwards?

Can anyone verify this?

[Alpinestars]

roygarth said:

hunter 66 said:

The only problem is , as with all investments when the music stops only what is a true collectable will stay that way ........
The rest will go back to being old cars

Is this true? 1991 is a long time ago but I'm pretty sure that everything went up a lot before hand and everything came down a lot afterwards?

Can anyone verify this?

Can't confirm this either way, but we are in much more of a global market now than in 1991, so demand is much higher. No doubt there will be a correction at some point, but I'm not sure anyone is going to be able to predict when that is going to be.

The doom mongers have been talking down values for nearly 2 years now, and the only thing that's happened is that they have watched the boat sail further and further away.

[mollytherocker]

g7jhp said:

I think this is part of the madness. Because mint cars are being touted at late £30k's (we'll ignore the over £60k rebuilds) suddenly anything at circa £20k looks good value.

In reality it's a 177k mile 3.2 Carrera coupe with a 915 box (nothing wrong with a 915, but it's not the sort after G50 box).

If the car is rust free it's a big plus, but you'd have to factor in a rebuild at some point and then there will probably be a host of other 'smaller' jobs - suspension refresh, clutch, oil pipes, gerabox which from experince can soon swallow upwards of £5k+.

When you add these on to the asking price it doesn't seem such a bargain. In the end you'll have a high mileage 3.2 Carrera for the best part of £30k+.

You are falling into the mileage trap with all of those assumptions.

Every car is different, a low mileage car can need 10k spending on it too! And a high mileage one may have already had everything rebuilt.

Is a 100k mile 2.7RS worse than a 50k mile one? Not necessarily!

Buy on condition, especailly on older cars.

[Mermaid]

Alpinestars said:

Can't confirm this either way, but we are in much more of a global market now than in 1991, so demand is much higher. No doubt there will be a correction at some point, but I'm not sure anyone is going to be able to predict when that is going to be.

The doom mongers have been talking down values for nearly 2 years now, and the only thing that's happened is that they have watched the boat sail further and further away.

Agree about the global market & easy money & plenty of nouveau riche.

2 years is not that long a period in the scheme of things.

[g7jhp]

mollytherocker said:

You are falling into the mileage trap with all of those assumptions.

Every car is different, a low mileage car can need 10k spending on it too! And a high mileage one may have already had everything rebuilt.

Is a 100k mile 2.7RS worse than a 50k mile one? Not necessarily!

Buy on condition, especailly on older cars.

Molly all I'm saying is this may look cheap, but having done work and spent the money which you could well expect to do it wouldn't be far off newer (G50), lower mileage, higher priced examples.

[RSVP911]

mollytherocker said:

You are falling into the mileage trap with all of those assumptions.

Every car is different, a low mileage car can need 10k spending on it too! And a high mileage one may have already had everything rebuilt.

Is a 100k mile 2.7RS worse than a 50k mile one? Not necessarily!

Buy on condition, especailly on older cars.

Reply ;

Couldn't agree more - mine's a 1989 , G50 - got 109,000 on the clock and really is perfect : internallly , externally and mechanically - Just great fun , these cars , IMHO , are looking better and better with time

Edited by RSVP911 on Friday 5th December 20:49

[ChrisW.]

Yes I agree, the ugly duckling has turned into a Swan.

Can you think of a design now that could last 15 years ?

Impact bumper did ...

[david hockney]

For sure- although often seen as 'poverty model' 911's I think the SC and 3.2 have both aged wonderfully-
they are absolute classics in car design and turn more heads on the road than many cars costing treble the amount.
Here's my humble SC, for the dough I'd prefer nothing else:

[RSVP911]

david hockney said:

For sure- although often seen as 'poverty model' 911's I think the SC and 3.2 have both aged wonderfully-
they are absolute classics in car design and turn more heads on the road than many cars costing treble the amount.
Here's my humble SC, for the dough I'd prefer nothing else:

Looks lovely that - I call mine a "smiling" car. It's lovely when you drive it , it gets so many thumbs up and smiles - people have a genuine attachment to the old ones - I am also lucky enough to have a 991 GT3 : no one bats an eyelid

[Crimp]

RSVP911 said:

david hockney said:

For sure- although often seen as 'poverty model' 911's I think the SC and 3.2 have both aged wonderfully-
they are absolute classics in car design and turn more heads on the road than many cars costing treble the amount.
Here's my humble SC, for the dough I'd prefer nothing else:

Looks lovely that - I call mine a "smiling" car. It's lovely when you drive it , it gets so many thumbs up and smiles - people have a genuine attachment to the old ones - I am also lucky enough to have a 991 GT3 : no one bats an eyelid

991 GT3!, now you're talking Pork, bloody lovely.

[IMI A]

So whats this worth PH massive?



Sales pitch from Hexagon below

1988 Porsche 1988 Commemorative Edition 911 - RHD
Rare 1988 Commemorative Edition to celebrate 250,000 Porsche 911 models made.

1 of 50 RHD (Only 30 Coupes)


Diamond Blue Metallic with colour coded 16"
Fuchs wheels
Silver blue "ruffle" finish leather seats with Ferry Porsche signature on headrests

Silver blue silk velour carpet in coupe as well as under front hood
Carrera badge delete
Electric sunroof
Short shift
25,900 miles from new
Full Porsche OPC History
Toolkit/Jack etc.
Original Blaupunkt Toronto
Concours winning car – 2014 ‘Best Porsche’ for the Porsche Club annual event

Unexpectedly available – this is a rare opportunity - not to be missed.






IMO looks lovely if a bit kitsch/naff on ruffle leather and signature on headrests but apart from that looks a minter to my eye

[g7jhp]

IMI A said:

So whats this worth PH massive?

No more than any other standard 25k miles 3.2 Carrera.

The ruffled leather and signature seats detract from the car.

And where's the rear badge gone?

[IMI A]

g7jhp said:

IMI A said:

So whats this worth PH massive?

No more than any other standard 25k miles 3.2 Carrera.

The ruffled leather and signature seats detract from the car.

And where's the rear badge gone?

Agreed so whats that? Seems to be a huge bid offer spread on PH...

[Scooty100]

IMI A said:

Agreed so whats that? Seems to be a huge bid offer spread on PH...

http://www.pistonheads.com/classifieds/used-cars/porsche/911-pre-89/rs-teknik-hot-rod/3066089

This gone up 20k in a year seemingly

[g7jhp]

Scooty100 said:

http://www.pistonheads.com/classifieds/used-cars/p...

This gone up 20k in a year seemingly

That's just PS tax!

[g7jhp]

IMI A said:

Agreed so whats that? Seems to be a huge bid offer spread on PH...

To quote Nige from ImpactBumpers.com see here

In my eyes
£5k Sh*tty shell needing everything, maybe a complete car if lucky
£10-20k is a possible danger zone of rust. Though may fall lucky and find a good Targa here
£20-25k seems to be the sweet spot for finding a bargain
£25-30k seems to be a good buy but with higher miles and great for tinkering/daily drivers which may need some resto work during ownership (probably where most fall into)
£30-40k fresh semi restos
£40-50k+ full on resto, minty mint original low milers and Turbos upwards.
£60+ Speedsters, spotless Turbo's, LE's, etc

I though that was quite a good summary of today's (Dec '14) market. Circa double 2010 prices!

[mollytherocker]

g7jhp said:

To quote Nige from ImpactBumpers.com see here

In my eyes
£5k Sh*tty shell needing everything, maybe a complete car if lucky
£10-20k is a possible danger zone of rust. Though may fall lucky and find a good Targa here
£20-25k seems to be the sweet spot for finding a bargain
£25-30k seems to be a good buy but with higher miles and great for tinkering/daily drivers which may need some resto work during ownership (probably where most fall into)
£30-40k fresh semi restos
£40-50k+ full on resto, minty mint original low milers and Turbos upwards.
£60+ Speedsters, spotless Turbo's, LE's, etc

I though that was quite a good summary of today's (Dec '14) market. Circa double 2010 prices!

I would add to that list that you shouldnt assume that every car is priced in the right bracket!

A car up for 30k can easily have significant rust issues hidden by a freshly detailed exterior!

Sadly, its less likely that you will find a car underpriced these days!

[IMI A]

IMI A said:

So whats this worth PH massive?



Sales pitch from Hexagon below

1988 Porsche 1988 Commemorative Edition 911 - RHD
Rare 1988 Commemorative Edition to celebrate 250,000 Porsche 911 models made.?
1 of 50 RHD (Only 30 Coupes)
?
Diamond Blue Metallic with colour coded 16"
Fuchs wheels
Silver blue "ruffle" finish leather seats with Ferry Porsche signature on headrests?
Silver blue silk velour carpet in coupe as well as under front hood
Carrera badge delete?Electric sunroof?Short shift
25,900 miles from new
Full Porsche OPC History
Toolkit/Jack etc.
Original Blaupunkt Toronto
Concours winning car – 2014 ‘Best Porsche’ for the Porsche Club annual event

Unexpectedly available – this is a rare opportunity - not to be missed.






IMO looks lovely if a bit kitsch/naff on ruffle leather and signature on headrests but apart from that looks a minter to my eye

Called them today. £92,000 It belongs to one of the guys there complimented him and wished him luck with the sale but not for me at that money.

[g7jhp]

IMI A said:

Called them today. £92,000 It belongs to one of the guys there complimented him and wished him luck with the sale but not for me at that money.

Hexagon tax - 100% overpriced!

[RSVP911]

g7jhp said:

Hexagon tax - 100% overpriced!

That is simply ridiculous !!