More hype and plain silliness
Discussion
IMI A said:
Axel987 said:
a 3.0 carrera is way more valueable than a 3.2. Id pay 50% more for a C3 than 3.2
Are you basing this on numbers built or the way both cars drive? If a car is selling for 100k then thats its value. Simple.
That unmade bed by that funny looking woman sold for 10m was it? How did that drive?
mollytherocker said:
IMI A said:
Axel987 said:
a 3.0 carrera is way more valueable than a 3.2. Id pay 50% more for a C3 than 3.2
Are you basing this on numbers built or the way both cars drive? If a car is selling for 100k then thats its value. Simple.
That unmade bed by that funny looking woman sold for 10m was it? How did that drive?
Axel987 said:
Ive owned 3 3.2`s all in rude health. Yes i know the 3.2 is the most reliable of the lot. Funny how the normal 2.7 in the S gets shat on while nothing is said of its famous twin, the 2.7 RS lol. Same block!
however - reliable doesnt mean most fun, and both the C3 and the SC is certainly more than reliable enough. Try an italian if you love scratching your head lol!
They just need a bit of tweaking and you can have very exciting car indeed...however - reliable doesnt mean most fun, and both the C3 and the SC is certainly more than reliable enough. Try an italian if you love scratching your head lol!
https://www.youtube.com/watch?v=MJuTKO27NOc#t=373
Bit out of my price range by about 400 odd grand but is this worth the money? Seems to have been up for sale for a long time.
http://www.jzmporsche.com/porsche-for-sale/911/964...
http://www.jzmporsche.com/porsche-for-sale/911/964...
mollytherocker said:
A 3.2 is worth 40 grand tops end of?
I am afraid that you are very wrong. By some margin.
This "restored" RHD long bonnet S made £400k.I am afraid that you are very wrong. By some margin.
https://www.bonhams.com/auctions/22723/lot/329/
A high tide drags up dinghies and cruise liners.
A mint 3.2 unrestored G50 coupe will be £100k soon (now? given the silver G50 was up for £80k) and given this S is not an RS then can be considered a bit of a bargain.
The whole market is insane but it is wot it is..
Never you mind said:
Bit out of my price range by about 400 odd grand but is this worth the money? Seems to have been up for sale for a long time.
http://www.jzmporsche.com/porsche-for-sale/911/964...
No of course it's not worth that much, that doesn't mean that some lunatic won't buy it, it also doesn't mean the same lunatic might then sell it in a few years and make a big profit, or they could lose a lot as well???http://www.jzmporsche.com/porsche-for-sale/911/964...
P50 said:
Insanity becomes the new normal!
I'm aghast at the new highs being achieved.
It's all about confidence and liquidity of the punter.
I personally think a stiff correction is due. But the train could rattle on for some time yet....
I'm of the same opinionI'm aghast at the new highs being achieved.
It's all about confidence and liquidity of the punter.
I personally think a stiff correction is due. But the train could rattle on for some time yet....
The same scenario happened in the late 80's and eventually it came tumbling down, it will steady off eventually
Crimp said:
P50 said:
Insanity becomes the new normal!
I'm aghast at the new highs being achieved.
It's all about confidence and liquidity of the punter.
I personally think a stiff correction is due. But the train could rattle on for some time yet....
I'm of the same opinionI'm aghast at the new highs being achieved.
It's all about confidence and liquidity of the punter.
I personally think a stiff correction is due. But the train could rattle on for some time yet....
The same scenario happened in the late 80's and eventually it came tumbling down, it will steady off eventually
It's not if, it's a question of when and how far!
g7jhp said:
+3 you've got to have bottle to buy at present or a screw loose.
It's not if, it's a question of when and how far!
400 grand sterling for a non RS longbonnet RHD 911 is outrageous money. I wouldn't sleep well on that. But like high end art the prices just shift north to new mega highs.It's not if, it's a question of when and how far!
But remember this. We are but normal dudes in a very liquid solvent world. Is it like musical chairs where someone is going to get royally stuffed?
Or is it the uber riche'/hedge fund boys investing their (and other peoples) money?!!
Who gives a crap what your Mr 9-5 makes and has to spend when proper players are in another universe. Drinking 10 grand bottles of Petrus!
Your normal youngster coming out of university is saddled with student debt and will invariably be renting 'till death. Meanwhile abstract paintings sell for the price of hospital wings.
Time will be the judge. Not us.
Edited by P50 on Thursday 2nd July 20:05
Crimp said:
P50 said:
Insanity becomes the new normal!
I'm aghast at the new highs being achieved.
It's all about confidence and liquidity of the punter.
I personally think a stiff correction is due. But the train could rattle on for some time yet....
I'm of the same opinionI'm aghast at the new highs being achieved.
It's all about confidence and liquidity of the punter.
I personally think a stiff correction is due. But the train could rattle on for some time yet....
The same scenario happened in the late 80's and eventually it came tumbling down, it will steady off eventually
Sorry I'm a bit slow so be gentle with me. Can any of the 'its due for a correction' brigade explain to me why that is going to happen (btw its been going to happen for 2 years so far....). Please remember to take a look at all classic cars not just Porsche. Cash is cheap, deposit returns are poor, the market for these commodity items (check your definitions here) (as in finite resources) are now global, not just UK, not just Europe, but the world is wanting this stuff. It is a shame that most cars that could have been bought 'reasonably' are now out of reach of many enthusiasts, I'm sure that they would love them and drive them as opposed to sitting on an internet forum discussing values but c'est la vie. They ain't making any more of this stuff guys, time to wake up...boat has set sail and is heading for the horizon...unless of course you can convince me otherwise
Edited by Black_mamba on Thursday 2nd July 21:55
Black_mamba said:
Sorry I'm a bit slow so be gentle with me. Can any of the 'its due for a correction' brigade explain to me why that is going to happen (btw its been going to happen for 2 years so far....). Please remember to take a look at all classic cars not just Porsche. Cash is cheap, deposit returns are poor, the market for these commodity items (check your definitions here) (as in finite resources) are now global, not just UK, not just Europe, but the world is wanting this stuff. It is a shame that most cars that could have been bought 'reasonably' are now out of reach of many enthusiasts, I'm sure that they would love them and drive them as opposed to sitting on an internet forum discussing values but c'est la vie. They ain't making any more of this stuff guys, time to wake up...boat has set sail and is heading for the horizon...unless of course you can convince me otherwise
The world is insane. Beheadings and abject poverty/violence.Edited by Black_mamba on Thursday 2nd July 21:55
£9k diamond encrusted dummies for the new born in Boodles.
Until the revolution the stuff we all considered normal entry level will drift away.
I'm an epic luddite/realist but cannot see what will make all
collectible bull markets fall out of bed.
But I'm willing to listen!
A few possibilities why prices could fall
Capital gains tax introduced on collectors cars
Speed controls , driverless cars are coming
Then the usaul are all possible ;
Rising rates , recession , financial crisis , war
Market saturation , ultra rich fashions change , younger
Generation not so interested in cars
Take your pick !
Capital gains tax introduced on collectors cars
Speed controls , driverless cars are coming
Then the usaul are all possible ;
Rising rates , recession , financial crisis , war
Market saturation , ultra rich fashions change , younger
Generation not so interested in cars
Take your pick !
Turbo Jonny said:
A few possibilities why prices could fall
Capital gains tax introduced on collectors cars - Very unlikely, as we could then offset losses
Speed controls , driverless cars are coming In many ways that's exactly why many classics are so sought after. They deliver a more involving driving experience at accessible speeds. And a world where everyone is forced to drive a fully automated car everywhere is fantasyland
Then the usaul are all possible ;
Rising rates , recession , financial crisis , war These are everyday eventualities and, again, one of the reasons this market has grown - with all the issues around the world so many people want something tangible they can use and enjoy
Market saturation , ultra rich fashions change , younger
Generation not so interested in cars.
[b] Yet again, very unlikely, our obsession with cars has only ever proliferated. The best collectibles are now ranked alongside art, antiques, etc. There was a false start in the late '80s, but this is now a pretty robust market.
My concern would be for the overpriced tat that will definitely burn some fingers - many examples of which have been featured in this thread [/b]
Take your pick !
Capital gains tax introduced on collectors cars - Very unlikely, as we could then offset losses
Speed controls , driverless cars are coming In many ways that's exactly why many classics are so sought after. They deliver a more involving driving experience at accessible speeds. And a world where everyone is forced to drive a fully automated car everywhere is fantasyland
Then the usaul are all possible ;
Rising rates , recession , financial crisis , war These are everyday eventualities and, again, one of the reasons this market has grown - with all the issues around the world so many people want something tangible they can use and enjoy
Market saturation , ultra rich fashions change , younger
Generation not so interested in cars.
[b] Yet again, very unlikely, our obsession with cars has only ever proliferated. The best collectibles are now ranked alongside art, antiques, etc. There was a false start in the late '80s, but this is now a pretty robust market.
My concern would be for the overpriced tat that will definitely burn some fingers - many examples of which have been featured in this thread [/b]
Take your pick !
Edited by Koln-RS on Tuesday 7th July 09:20
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