Is the bubble about to burst?

Is the bubble about to burst?

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Discussion

Alpinestars

13,954 posts

245 months

Saturday 10th December 2016
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isaldiri said:
If a car that's wide feels smaller when you're driving it, it's not necessarily a good thing imo. You are then possibly cutting it finer with traffic than you would otherwise and you probably really don't want to be doing that in a fully cf car like the cgt.

The width is definitely an issue for me at least, particularly here in the UK. If one lived in Germany say around the 'ring or black forest with less traffic and much better and more open roads it would be close to the perfect car. I'm glad anyway for whatever reason the cgt hasn't caught the collectors fancy as much (too many cars and a reputation for having fallen a lot previously probably) and i sure hope it stays that way.
You probably haven't done enough miles to have a valid opinion.

braddo

10,522 posts

189 months

Saturday 10th December 2016
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Alpinestars said:
Kinda funny that the wide angle of the photo makes the GTO look extra massive and the CGT small. Both are big cars.

Anyway, idle browsing found Clarkson's review of the CGT back in the day. He doesn't like Porsches (usually).

https://www.youtube.com/watch?v=vE_WqdKbTvY

Alpinestars

13,954 posts

245 months

Saturday 10th December 2016
quotequote all
braddo said:
Kinda funny that the wide angle of the photo makes the GTO look extra massive and the CGT small. Both are big cars.

Anyway, idle browsing found Clarkson's review of the CGT back in the day. He doesn't like Porsches (usually).

https://www.youtube.com/watch?v=vE_WqdKbTvY
Thanks for posting. Never seen that before. What a coincidence he was comparing it to an SLR.

SRT Hellcat

7,035 posts

218 months

Sunday 11th December 2016
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isaldiri without meaning to sound inflammatory. It depends on your level of ability. That in itself sounds condescending but I do not mean it that way. My Lightning is almost bang on 2 metres wide, just over. LHD of course. I can judge the offside to within 25mm at 40mph. With the standard of driving deteriorating just sometimes when a muppet does a late minute right turn without indicating. It does not stop me passing. Probably wakes them up as the exhaust exits on the offside of the truck. You know those situations on a main road. Cars parked both sides and you have to give and take. Well a silly girl in a Micra all loaded up with other young ladies chose not to give. Effectively blocked the road. I knew it would be tight. Folded her wing mirror in with my front wing and squeezed through with about 3mm each side. The look on her face was priceless.
If I owned a CGT no I would not have done that. But I have no problem cutting it fine in anything I drive or you would never get anywhere. Just sometimes people need to be taught a lesson and as my missus says I am quite good at that.

isaldiri

18,607 posts

169 months

Sunday 11th December 2016
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SRT Hellcat said:
isaldiri without meaning to sound inflammatory. It depends on your level of ability. That in itself sounds condescending but I do not mean it that way. My Lightning is almost bang on 2 metres wide, just over. LHD of course. I can judge the offside to within 25mm at 40mph. With the standard of driving deteriorating just sometimes when a muppet does a late minute right turn without indicating. It does not stop me passing. Probably wakes them up as the exhaust exits on the offside of the truck. You know those situations on a main road. Cars parked both sides and you have to give and take. Well a silly girl in a Micra all loaded up with other young ladies chose not to give. Effectively blocked the road. I knew it would be tight. Folded her wing mirror in with my front wing and squeezed through with about 3mm each side. The look on her face was priceless.
If I owned a CGT no I would not have done that. But I have no problem cutting it fine in anything I drive or you would never get anywhere. Just sometimes people need to be taught a lesson and as my missus says I am quite good at that.
Fair enough, no offence taken. I certainly do not have the ability to be able to judge offside distances to within an inch at speed and I would not personally be prepared to risk any car nevermind one such as a cgt if it required that kind of precision.

Essential

1,077 posts

211 months

Sunday 11th December 2016
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SRT Hellcat said:
isaldiri without meaning to sound inflammatory. It depends on your level of ability. That in itself sounds condescending but I do not mean it that way. My Lightning is almost bang on 2 metres wide, just over. LHD of course. I can judge the offside to within 25mm at 40mph. With the standard of driving deteriorating just sometimes when a muppet does a late minute right turn without indicating. It does not stop me passing. Probably wakes them up as the exhaust exits on the offside of the truck. You know those situations on a main road. Cars parked both sides and you have to give and take. Well a silly girl in a Micra all loaded up with other young ladies chose not to give. Effectively blocked the road. I knew it would be tight. Folded her wing mirror in with my front wing and squeezed through with about 3mm each side. The look on her face was priceless.
If I owned a CGT no I would not have done that. But I have no problem cutting it fine in anything I drive or you would never get anywhere. Just sometimes people need to be taught a lesson and as my missus says I am quite good at that.
What do you mean 'If I owned a CGT' ????????????

REKX

11 posts

90 months

Sunday 11th December 2016
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Hey guys very interesting reading comments.

Can someone explain to me exactly what it means by the bubble bursting?

Obviously I know about the 993 and how air cooled models are desirable and expensive and of course the 2.7 rs.

But that was probably a bit before my generation so I don't feel "connected" with those cars.

I have a 997 Carrera that for me is modern enough with the power, and in the future I want to get a 991.1 Carrera, they are about 50k now so I'd want to upgrade when they're about 25-30k.

Does this bubble affect me at all?

Koln-RS

3,869 posts

213 months

Sunday 11th December 2016
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REKX said:
Hey guys very interesting reading comments.

Can someone explain to me exactly what it means by the bubble bursting?
Obviously I know about the 993 and how air cooled models are desirable and expensive and of course the 2.7 rs.
But that was probably a bit before my generation so I don't feel "connected" with those cars.

I have a 997 Carrera that for me is modern enough with the power, and in the future I want to get a 991.1 Carrera, they are about 50k now so I'd want to upgrade when they're about 25-30k.
Does this bubble affect me at all?
This 'bubble' is fuelled by a 'feel good' factor, and has inflated the value of all manner of cars, and other consumables.

Certain cars have escalated in value beyond logic and this has filtered through the system to elevate the values of even fairly modest and run of the mill cars. Even new car sales are hitting record levels.

The underlying factor is economic confidence - low interest rates, stable equity and property markets, employment security, lots of cash wealth.....

It will end when these factors weaken and we hit a crisis period, as we did in 2008 when everything suddenly froze. Some people think they will see that coming and bail out in time, but once the decline begins, as in 1990/91, it is very rapid, the market dries up overnight.

Personally, I think interest in recreational and collectable cars will continue as a hobby/passion, but I still can't comprehend the crazy prices of many cars, and I do believe there will be a correction and burnt fingers at some point.



Yellow491

2,925 posts

120 months

Sunday 11th December 2016
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There is no bubble with high end quality cars with sound history,cars with out this,is potentially a worrying time for owners of such cars with a limited budget/bank balance.

The cgt i dont see getting any where near a million,at the moment,to many made,there is one now asking this ,but its delivery mileage and been for sale for a long time,in the usa cgt are coming back down,and sales in the uk are slow and rarely achieving the asking price.
The cgt is a practical car in terms of driving/size,i remember trying a gt1 road car which was totaly impracticable and a struggle to get in over the wide sills,so bought a cgt.

NomduJour

19,144 posts

260 months

Sunday 11th December 2016
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Yellow491 said:
There is no bubble with high end quality cars with sound history


SEE YA

3,522 posts

246 months

Sunday 11th December 2016
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Looking at this topic, most of us are dealing in the middle market of classic cars value wise.Hence the talk about values maybe?
As the industry is worth over four billon a year alone. Interest is still good in classic cars
Car shows still attend well,loads of TV shows and still popular keeps people interested.

Edited by SEE YA on Sunday 11th December 13:15

Digga

40,352 posts

284 months

Sunday 11th December 2016
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QE tapering and ZIRP rates now being reversed by the Fed ( some opinions talk of four, further hikes next year) show that the days of globally low interest rates for the foreseeable, are gone.

Granted, the U.K. appears still to be a low rate environment for some time to come, but then Carney's policies are not without criticism from those who think things could overheat. It will be interesting to see how the market comes out of its winter slumber next year.

Welshbeef

49,633 posts

199 months

Sunday 11th December 2016
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anonymous said:
[redacted]
We the west could well mirror Japan for decades to come

roygarth

2,673 posts

249 months

Sunday 11th December 2016
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kevs 172 said:
Alpinestars said:
Great, well done, I haven't done the same mileage as you in either.

I guess 4cm in length makes all the difference to some wink.

Optically, the height makes it look at lot bigger.






Absolute quality,love it.
Agree, one of the best 'owned' posts of the year.

TB303

1,040 posts

195 months

Monday 12th December 2016
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AndrewD said:
try driving both cars on Uk roads.
The 599 feels enormous in comparison.
While posting the diagram is amusing and proves a technical point, some cars do feel bigger than others/are more challenging to place size wise as Andrew D says.

Oddly, for example, I found the BMW M135i more clumsy size wise to judge than my current barge or Boxster. It is much narrower than both on paper, however.

av185

18,514 posts

128 months

Monday 12th December 2016
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TB303 said:
some cars do feel bigger than others/are more challenging to place size wise

.
Perfectly illustrated by the 991 GT3 and GT4.

Both cars have identical front suspension and front end grip, are exactly the same widths at 1978mm mirror to mirror and yet the GT4 FEELS much smaller externally than the 3.

pork911

7,187 posts

184 months

Monday 12th December 2016
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That's down to inferiority complex wink

MDL111

6,975 posts

178 months

Monday 12th December 2016
quotequote all
av185 said:
TB303 said:
some cars do feel bigger than others/are more challenging to place size wise

.
Perfectly illustrated by the 991 GT3 and GT4.

Both cars have identical front suspension and front end grip, are exactly the same widths at 1978mm mirror to mirror and yet the GT4 FEELS much smaller externally than the 3.
Not convinced that I want a car to " feel smaller" - esp in the UK

Alpinestars

13,954 posts

245 months

Monday 12th December 2016
quotequote all
av185 said:
TB303 said:
some cars do feel bigger than others/are more challenging to place size wise

.
Perfectly illustrated by the 991 GT3 and GT4.

Both cars have identical front suspension and front end grip, are exactly the same widths at 1978mm mirror to mirror and yet the GT4 FEELS much smaller externally than the 3.
Whilst I don't want to get enveloped into an argument about car sizes, Isn't the Cayman narrower all round, other than the mirrors? I know mirrors are the widest part, but practically and feelwise, it's often the body that makes something feel bigger.

It's also 10cm shorter?

Alpinestars

13,954 posts

245 months

Monday 12th December 2016
quotequote all
anonymous said:
[redacted]
Thanks.