More hype and plain silliness

[P50]

Wozy68 said:

355Chris355 said:

(b) The difference between the two has remained the same and therefore a manual would have also struggled to reach it's higher guide price.

Remember that the price of a tiptronic is determined by how much an equivalent manual would be. I.e. It'll always be a set percentage less. Therefore point (b) seems more logical.

I'd have another think about your Point B matey.

http://www.paragongb.com/cars/porsche-carrera-2-co...

Prices seem to be shifting in front of our very eyes.

Wasn't £50k 2S money recently?

I suppose it's the 993 Turbo lifting the little boats too. I cannot understand why the 993TT is where it is. It has 4WD so aint no old skool beast in the purist sense.

When prices for porridge move so rapidly I fear we're in tulip territory..

[P50]

IMIA said:

g7jhp said:

IMIA said:

Good spot!

Great looking car.

Do you prefer your 964 to the 3.2 from a driving perspective?

I think the 3.2C is the better and more honest drive. Only keeping the 964 C2 as its far easier for the Mrs to drive. Honestly not bothered if the 3.2C doesn't sell - not sure if I can see myself in a Fezza.

So, have we had any serious enquiries/firm offers at the very top of the (3.2 Coupe) market old boy?

[P50]

This thing made over 35 grand.

I remember when this old banger/smokers were 7 grand.

Plenty of money to be paid on it but I suppose it's an S so worth doing.

It's funny. The late IB cars need to have FSH, no panels even the valet key!

But the long bonnets can have a reshell and a different engine but it's OK!

Much like Ferraris. You can get away with murder with the early stuff...


http://www.ebay.co.uk/itm/Porsche-911-S-2-0-1969-R...

[P50]

Been a bit quiet ladies so I thought this thing warrants attention.

Estimate £95 - £110

WTF?! It appaear to be pi$$ing it out in the wrong places and will need much shekels spending on the tub! Iceberg tip type thing... Perhaps £40k for a proper rotisserie job as its history warrants it... Plus the 2.7IB motor is not known as hugely robust.

It won't be long before truly original IB cars are right up there. As in £100k. This is going to a restored car! From '74 - '89 it matters not what model just that it has never been rotten and needs no rectification. They all look the same to the layman!

A totally original car is what the collector purists want for investment grade. On the back of all this I've raised my insurance valuation somewhat!

From the beginning of this thread prices have simply gone insane.

http://www.classiccarsforsale.co.uk/detail/motors/...


|http://thumbsnap.com/80aAWXIp[/url]

Edited by P50 on Wednesday 20th May 07:00

Edited by P50 on Wednesday 20th May 07:50

[P50]

P50 said:

Been a bit quiet ladies so I thought this thing warrants attention.

Estimate £95 - £110

WTF?! It appaear to be pi$$ing it out in the wrong places and will need much shekels spending on the tub! Iceberg tip type thing... Perhaps £40k for a proper rotisserie job as its history warrants it... Plus the 2.7IB motor is not known as hugely robust.

It won't be long before truly original IB cars are right up there. As in £100k. This is going to a restored car! From '74 - '89 it matters not what model just that it has never been rotten and needs no rectification. They all look the same to the layman!

A totally original car is what the collector purists want for investment grade. On the back of all this I've raised my insurance valuation somewhat!

From the beginning of this thread prices have simply gone insane.

http://www.classiccarsforsale.co.uk/detail/motors/...


|http://thumbsnap.com/80aAWXIp[/url]

Edited by P50 on Wednesday 20th May 07:00

Edited by P50 on Wednesday 20th May 07:50

£150K inc comms etc

[P50]

Buy it for 40. Sell it for 70.

It's as easy as that in the Air Cooled Bull Market!!! As long as you want to be the 12th or is it the 13th owner!

http://www.carandclassic.co.uk/car/C627818

http://www.jzmporsche.com/porsche-for-sale/classic...

Everyone's a winner.

[P50]

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.

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..

[P50]

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....

[P50]

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.

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

[P50]

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

Edited by Black_mamba on Thursday 2nd July 21:55

The world is insane. Beheadings and abject poverty/violence.

£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!

[P50]

mollytherocker said:

I think thats rather an optimistic view. I am no economist, just a watcher from the side lines.

From what I see the chasm of wealth/poverty is widening. And I see no reason for that to decline.

Endorsed

[P50]

Beware of this.

The government attacked BTL yesterday big time. So that market overnight will have alterered and become hugely less attractive.

The same goes for the insane classic car market and even moreso the 911. I have no doubt that plans are being hatched to tap into this tax free appreciation. How they'll do it I know not but i'm sure they will.

Then the whole thing could implode as owners rush for the door before implementation.

People have short memories. Humans never learn.

I may offload my 3.2. If only to buy the same thing for a 1/3rd of the price!

[P50]

g7jhp said:

P50 said:

I may offload my 3.2.

I'll offer you £15k and the knowledge it'll have gone to a 3.2 enthusiast who promises to drive the nuts off it rather than polish it!

15.5 and it's yours with a full tank of fuel and a "do anything and send me the bill" service at porsche west london!

[P50]

Well to chime into the thread here's a bit of real world bull market experience

I've just declined £80k on my 3.2

And why not? I see an original car worth double the silver restored zero speedo'd PS machine.

So I can confirm the a/c market is cast iron. For now...

[P50]

stichill99 said:

I was speaking to the dealer I bought my 993 off 2 years ago about its value for insurance purposes and I mentioned that I saw he had been advertising 2 964 Carrera 2's ,one red and one white both manual. Just what we are led to believe is what is wanted. One car was up at £42950 and the other at £39950. He told me never had a phone call for 3 months,we might be up North but surely anyone would travel for a rare car. Then one day an investor phoned,flew in by helicopter and bought both.
What I am wondering is How close is supply and demand? We might not need many cars on the market for it to be over supplied.

Yes but simply stating two C2 manuals is not the whole story.

Most cars are tired crap. Or not investment grade. A 12 owner 166,000mile C2 with rust/grotesque paint and nasty trashed back street trimmed interior, dodgy history, one grotty key and a chav stereo plus dropping oil in guards red is not an untouched 20k mile 2 owner car that is off the scale in rubystone.

The devil is in the detail. All this bubble drivel is heard mentality driven. We've been here before and it all royally ended in tears.

Rare but properly DESIRABLE stuff is good news. I would not be buying any 911 today for an investment as I think that ship has sailed and they are heavily over valued.

However I've recently bought a Messerschmitt TG500 Tiger. One of only 18 UK cars. Uber rare. So rare that there is NOT ONE FOR SALE ON THE PLANET. Google produces None/nisch/nadir/zero. Bit of a bummer if you want one. If you do you will have to pay and pay heavily for the privilege of being allowed to purchase one. Will be interesting in the next year or two as to what happens to classics but a Tiger made £210k in the States in 2013 so I bought what I thought was going to maybe perform. Mine raced in period and I have pics/docs etc from the day.

http://www.rmauctions.com/bw13/the-bruce-weiner-mi...

Edited by P50 on Saturday 18th July 22:46

[P50]

Jollyclub said:

Brave man.

But not as brave (or mad?!) as sinking £80k into a once rusty restored 3.2 G50 coupe with a zero'd speedo.

I measure three times and cut once...

[P50]

drmark said:

They are uber rare for a reason though.
Hope it works out for you, but does nothing for me - either as an investment, or something I would like to own.

Each to their own dear boy. I could have bought a multitude of stunning machinery for what I gave. I've had many left field machines over the years and have done rather well truth be known..

[P50]

IMI A said:

Yes Jonathan bought her for the princely sum of £22,000 I think it shows somewhere in the paperwork! That was pretty expensive at the time circa 2006/7 as good cars could be bought for £15000. How times change.

At the end of the day the torsion bar 911 G50 is one of the most accomplished machines ever constructed. I'm unsure if they're worth these dizzy heights but they are that good!

Try taking a 328GTB on an unrestricted autobahn flat out for 200 miles and see what happens. I'll reckon it'll grenade after 10 miles. Kaboom! I like a Ferrari but they're no match for Dr Porsche's masterpiece.

Period!

[P50]

Back again.

Here we have a bastardised machine that is priced in the "pick a number some mug punter might come along" bracket.

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

We also have a Turbo Cab. It's white and it's a cab so all you need is a Miami Vice pastel suit, a pair of Wayfarers and you too can look like a throwback to Thatcher's excess encouraged times. The 60's cars have the charm and style. Think Italian Job. Miura's, E Types and Mk1 S's. The 80's are a bit of a time when it all went rather garish and uncalled for.



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

Even Mr Lovett's having a go with this cackhanded S. It's done just 88k km's but has a body of a car that has done less?? Well that's uber low miles for a 42 year old car. Makes no sense?!

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

Edited by P50 on Friday 2nd October 18:05

[P50]

thegreenhell said:

P50 said:

Back again.

Here we have a bastardised machine that is priced in the "pick a number some mug punter might come along" bracket.

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

That is spectacularly minging, and I suspect would struggle to sell in a normal market for even 29,995. That asking price is beyond any rational comprehension.

It is, to use modern east london parlance utterly

PONY! horrid, hateful and unacceptable.