More hype and plain silliness

More hype and plain silliness

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Discussion

Crimp

909 posts

187 months

Tuesday 7th July 2015
quotequote all
It's an interesting debate and none of us including the armchair dealers on here can predict future values.

I love old 911's having owned a few over the last 12 years, but while I accept its a nice asset to behold I personally couldn't justify paying over 30k for something old and not that good to drive. At 30k I can accept its old and a bit agricultural and slow and you have to wring it to death to keep up with the modern day diesel saloon, if it was worth 70k the smiles per buck would be low.
To me it's about enjoying the drive and yes I like proper power (accept modern roads and cameras don't suit the GT/turbo 911's) as an enthusiast it's not about having something too delicate to use due to its value and worrying about the tin worm following you about everywhere, the rise in values has taken the enjoyment out of it IMO.
I'd much sooner buy a 997 GT3 for similar money far more presence great to drive and quick with it.

It's about smiles per buck not I've got £100k's worth of old 911 in the garage that I drive to a show twice a year in some field somewhere and boast that it's an original numbers car with the original sticker under the bonnet. Drive it home polish it put it away for a few months connected to a trickle charger, been there done that, dull.

I now drive in all weathers and engage with the car for what it is "a car" to be driven on a frequent basis and enjoyed

hot66

695 posts

217 months

Tuesday 7th July 2015
quotequote all
Crimp said:
It's an interesting debate and none of us including the armchair dealers on here can predict future values.

I love old 911's having owned a few over the last 12 years, but while I accept its a nice asset to behold I personally couldn't justify paying over 30k for something old and not that good to drive. At 30k I can accept its old and a bit agricultural and slow and you have to wring it to death to keep up with the modern day diesel saloon, if it was worth 70k the smiles per buck would be low.
To me it's about enjoying the drive and yes I like proper power (accept modern roads and cameras don't suit the GT/turbo 911's) as an enthusiast it's not about having something too delicate to use due to its value and worrying about the tin worm following you about everywhere, the rise in values has taken the enjoyment out of it IMO.
I'd much sooner buy a 997 GT3 for similar money far more presence great to drive and quick with it.

It's about smiles per buck not I've got £100k's worth of old 911 in the garage that I drive to a show twice a year in some field somewhere and boast that it's an original numbers car with the original sticker under the bonnet. Drive it home polish it put it away for a few months connected to a trickle charger, been there done that, dull.

I now drive in all weathers and engage with the car for what it is "a car" to be driven on a frequent basis and enjoyed
interesting one Crimp ... I got rid of my DMS modded 996 turbo as i didn't enjoy it as much as the older cars . At similar price point I really prefer my 964 C2

As it turns out my 2.4S is worth a penny or two these days , and its still the most fun Porsche I've driven ( note I dont say the best porsche , as that depends what you want from a car , eg a GT3 is way better than a 2.4S in terms of speed, handling etc etc ) ... and my 2.4S isnt a car that does shows, but one I use to blast around the dales in , take on european driving tours, attend Spa & LeMans etc etc

Admittedly, I do have a normal daily so I dont 'need' to use any of my 'toys' on those miserable wet & windy days when I just want transport

Horses for courses as they say

Crimp

909 posts

187 months

Tuesday 7th July 2015
quotequote all
hot66 said:
Crimp said:
It's an interesting debate and none of us including the armchair dealers on here can predict future values.

I love old 911's having owned a few over the last 12 years, but while I accept its a nice asset to behold I personally couldn't justify paying over 30k for something old and not that good to drive. At 30k I can accept its old and a bit agricultural and slow and you have to wring it to death to keep up with the modern day diesel saloon, if it was worth 70k the smiles per buck would be low.
To me it's about enjoying the drive and yes I like proper power (accept modern roads and cameras don't suit the GT/turbo 911's) as an enthusiast it's not about having something too delicate to use due to its value and worrying about the tin worm following you about everywhere, the rise in values has taken the enjoyment out of it IMO.
I'd much sooner buy a 997 GT3 for similar money far more presence great to drive and quick with it.

It's about smiles per buck not I've got £100k's worth of old 911 in the garage that I drive to a show twice a year in some field somewhere and boast that it's an original numbers car with the original sticker under the bonnet. Drive it home polish it put it away for a few months connected to a trickle charger, been there done that, dull.

I now drive in all weathers and engage with the car for what it is "a car" to be driven on a frequent basis and enjoyed
interesting one Crimp ... I got rid of my DMS modded 996 turbo as i didn't enjoy it as much as the older cars . At similar price point I really prefer my 964 C2

As it turns out my 2.4S is worth a penny or two these days , and its still the most fun Porsche I've driven ( note I dont say the best porsche , as that depends what you want from a car , eg a GT3 is way better than a 2.4S in terms of speed, handling etc etc ) ... and my 2.4S isnt a car that does shows, but one I use to blast around the dales in , take on european driving tours, attend Spa & LeMans etc etc

Admittedly, I do have a normal daily so I dont 'need' to use any of my 'toys' on those miserable wet & windy days when I just want transport

Horses for courses as they say
It's a subjective post mate I agree.
Interestingly my favourite 911 is a 73 2.4s but if I could afford one of those it would obviously be parked next to a 991 GT3

g7jhp

6,964 posts

238 months

Tuesday 7th July 2015
quotequote all
Guess we all put a value on these cars.

Having owned two 3.2's, bought for circa £16k each it's hard to justify spending £40k+ on another unless it's mint (I could justify up to that point as I know what I spent on it to get it into top condition).

Also agree with Crimp, cars for me are about enjoying driving rather than an investment vehicle. Always nice to buy well and cover your running costs but that's a bonus. Price hikes usually detract from the enjoyment as it puts a pressure on keeping it mint and low mileage.

There are other marques which would deliver on the driving front, another Caterham 7 would be nice.....360R or 420R, but they have a more limited use.

Perhaps a new 981 Spyder in a couple of years when they're dropped!

porkey

630 posts

172 months

Tuesday 7th July 2015
quotequote all
The asking prices of some cars is ridiculous. £200k+ for a 964 3.6 Turbo? Barking.
However putting a few quid into a 3.2 or a 964 probably isn't that daft.
Assuming the value of these 'lesser' cars holds and you buy a good one, it's still likely to worth the same or thereabouts in a few years time. Therefore it has actually cost nothing apart from the normal running costs that come with any car of that ilk.
I bought my 964T 12 years ago. I imagine it's worth a bit more than I paid for but if were still worth the same I'd be quite happy.

IMI A

9,410 posts

201 months

Tuesday 7th July 2015
quotequote all
porkey said:
The asking prices of some cars is ridiculous. £200k+ for a 964 3.6 Turbo? Barking.
However putting a few quid into a 3.2 or a 964 probably isn't that daft.
Assuming the value of these 'lesser' cars holds and you buy a good one, it's still likely to worth the same or thereabouts in a few years time. Therefore it has actually cost nothing apart from the normal running costs that come with any car of that ilk.
I bought my 964T 12 years ago. I imagine it's worth a bit more than I paid for but if were still worth the same I'd be quite happy.
You know there is a diamond blue 964 3.6 turbo X88 at JD classics for £480k. Was last sold for £180k a few years ago. Obviously the pair of 964 3.3 turbo S which are much more of a unicorn at JZM for £425k and £495k.....

georgeq

110 posts

126 months

Tuesday 7th July 2015
quotequote all
I compare the cars on the market now to what was sold 5-6 years ago and come to the conclusion that the world has gone crazy.

I compare the sheer pleasure and emotion overload of driving an early air cooled 911 to that of a 991 or 981, soon to be all-turbo, and come to the conclusion that old air cooled cars are still quite undervalued.

If only I had a crystal ball...





porkey

630 posts

172 months

Tuesday 7th July 2015
quotequote all
IMI A said:
porkey said:
The asking prices of some cars is ridiculous. £200k+ for a 964 3.6 Turbo? Barking.
However putting a few quid into a 3.2 or a 964 probably isn't that daft.
Assuming the value of these 'lesser' cars holds and you buy a good one, it's still likely to worth the same or thereabouts in a few years time. Therefore it has actually cost nothing apart from the normal running costs that come with any car of that ilk.
I bought my 964T 12 years ago. I imagine it's worth a bit more than I paid for but if were still worth the same I'd be quite happy.
You know there is a diamond blue 964 3.6 turbo X88 at JD classics for £480k. Was last sold for £180k a few years ago. Obviously the pair of 964 3.3 turbo S which are much more of a unicorn at JZM for £425k and £495k.....
The X88 price has to be a joke surely?

Crimp

909 posts

187 months

Tuesday 7th July 2015
quotequote all
porkey said:
IMI A said:
porkey said:
The asking prices of some cars is ridiculous. £200k+ for a 964 3.6 Turbo? Barking.
However putting a few quid into a 3.2 or a 964 probably isn't that daft.
Assuming the value of these 'lesser' cars holds and you buy a good one, it's still likely to worth the same or thereabouts in a few years time. Therefore it has actually cost nothing apart from the normal running costs that come with any car of that ilk.
I bought my 964T 12 years ago. I imagine it's worth a bit more than I paid for but if were still worth the same I'd be quite happy.
You know there is a diamond blue 964 3.6 turbo X88 at JD classics for £480k. Was last sold for £180k a few years ago. Obviously the pair of 964 3.3 turbo S which are much more of a unicorn at JZM for £425k and £495k.....
The X88 price has to be a joke surely?
Ridiculous, surely if somebody is daft enough to purchase it the car will probably never spin a wheel again.

IMI A

9,410 posts

201 months

Tuesday 7th July 2015
quotequote all
Crimp said:
porkey said:
IMI A said:
porkey said:
The asking prices of some cars is ridiculous. £200k+ for a 964 3.6 Turbo? Barking.
However putting a few quid into a 3.2 or a 964 probably isn't that daft.
Assuming the value of these 'lesser' cars holds and you buy a good one, it's still likely to worth the same or thereabouts in a few years time. Therefore it has actually cost nothing apart from the normal running costs that come with any car of that ilk.
I bought my 964T 12 years ago. I imagine it's worth a bit more than I paid for but if were still worth the same I'd be quite happy.
You know there is a diamond blue 964 3.6 turbo X88 at JD classics for £480k. Was last sold for £180k a few years ago. Obviously the pair of 964 3.3 turbo S which are much more of a unicorn at JZM for £425k and £495k.....
The X88 price has to be a joke surely?
Ridiculous, surely if somebody is daft enough to purchase it the car will probably never spin a wheel again.
Give JD Classics a call and be prepared to fall of your chair. A few months ago they were quoting £420k. Now £480k lol

squirejo

794 posts

243 months

Tuesday 7th July 2015
quotequote all
I feel somewhat confident that slashing income tax relief on pensions will encourage more investment in classic cars not less. Stand by for refreshed versions of those articles in weekend 'money' supplements.

little328ci

27 posts

169 months

Tuesday 7th July 2015
quotequote all
Could be a interesting auction Silverstone have coming up on the 25 th of this month .Id put a link up but crap at things like that.Anyway they've got a 2.4s , 76 turbo ,2.7 Carrera targa , 3.0 Carrera.and just for a bit of a comparison they've got what looks like a nice bmw e9 csl .What do think that lot are going to do price wise ?

Black_mamba

313 posts

209 months

Tuesday 7th July 2015
quotequote all
little328ci said:
Could be a interesting auction Silverstone have coming up on the 25 th of this month .Id put a link up but crap at things like that.Anyway they've got a 2.4s , 76 turbo ,2.7 Carrera targa , 3.0 Carrera.and just for a bit of a comparison they've got what looks like a nice bmw e9 csl .What do think that lot are going to do price wise ?
And Coys this Saturday at some castle or another. Some nice bits and bobs there to keep an eye on


Black_mamba

313 posts

209 months

Tuesday 7th July 2015
quotequote all
squirejo said:
I feel somewhat confident that slashing income tax relief on pensions will encourage more investment in classic cars not less. Stand by for refreshed versions of those articles in weekend 'money' supplements.
Yep, you can almost hear Quentin W sharpening his pencil...

Longman66

367 posts

208 months

wfarrell

232 posts

220 months

Tuesday 7th July 2015
quotequote all
Longman66 said:
...oof - lovely !! ...almost too covetable to drive (sadly)

IMI A

9,410 posts

201 months

Tuesday 7th July 2015
quotequote all
Longman66 said:
gorgeous. I daren't ask how much!

Geneve

3,861 posts

219 months

Tuesday 7th July 2015
quotequote all
Longman66 said:
I owned that car for 12 years.

Bought it, unseen, in the '90s with under 900mls on the clock and it went straight into storage. Then put about 500 miles a year on it before selling it to a collector in 2009, who never drove it. Lovely car, no question, and one of the nicest 911s of all time IMO (and I've had a few). In fact, I was given the opportunity to buy it back recently.

I'm sure the price in the ad is a error or a marketing wheeze. IIRC there are several 'collectable' UK Club Sports with very low mileages - and less than that one.

I do love the best of the air-cooled 911s, and I've held onto a couple of nice examples for the sheer driving enjoyment, although cars in general don't give me the ultimate buzz.





IMI A

9,410 posts

201 months

Tuesday 7th July 2015
quotequote all
Geneve said:
Longman66 said:
I owned that car for 12 years.

Bought it, unseen, in the '90s with under 900mls on the clock and it went straight into storage. Then put about 500 miles a year on it before selling it to a collector in 2009, who never drove it. Lovely car, no question, and one of the nicest 911s of all time IMO (and I've had a few). In fact, I was given the opportunity to buy it back recently.

I'm sure the price in the ad is a error or a marketing wheeze. IIRC there are several 'collectable' UK Club Sports with very low mileages - and less than that one.

I do love the best of the air-cooled 911s, and I've held onto a couple of nice examples for the sheer driving enjoyment, although cars in general don't give me the ultimate buzz.

what sort of money would it be in current market out of interest? Anyone know?

mollytherocker

14,366 posts

209 months

Tuesday 7th July 2015
quotequote all
IMI A said:
what sort of money would it be in current market out of interest? Anyone know?
I reckon between 200k and 300k.