Is the bubble about to burst?
Discussion
FFS 
I don't think Wozy's observation was particularly unreasonable.
Anyway, back on topic... Are you guys with rapidly appreciating cars actually still driving them?
My name is Dom9 and I am a non-drive-aholic. My 950 mile #002 Clio V6 simply isn't getting used.
A lot of the reason for that (it's not worth HUGE money, though possibly around new, base spec Cayman money) is that if anything did go wrong and it took a bad knock, it would no longer be original (if it could be repaired and not written-off as parts are hard to come by and super expensive), which would be a shame and if it did get written-off, it is quite literally irreplaceable, like for like.
I love it, I want to use it, it doesn't have a life changing amount of money in it but IF something went wrong, that would be the end of it.
I know I'll get the usual MTFU and use it line but I am not sure I could use it in real anger?!
Am I mental or do I just value my possessions!?
I don't think Wozy's observation was particularly unreasonable.Anyway, back on topic... Are you guys with rapidly appreciating cars actually still driving them?
My name is Dom9 and I am a non-drive-aholic. My 950 mile #002 Clio V6 simply isn't getting used.
A lot of the reason for that (it's not worth HUGE money, though possibly around new, base spec Cayman money) is that if anything did go wrong and it took a bad knock, it would no longer be original (if it could be repaired and not written-off as parts are hard to come by and super expensive), which would be a shame and if it did get written-off, it is quite literally irreplaceable, like for like.
I love it, I want to use it, it doesn't have a life changing amount of money in it but IF something went wrong, that would be the end of it.
I know I'll get the usual MTFU and use it line but I am not sure I could use it in real anger?!
Am I mental or do I just value my possessions!?
Journo writes something that distorts the facts, but can't see that and gets upset?
Impossible - they always expose the truth.
So it's a win-win - get out there and enjoy it.
Impossible - they always expose the truth.
dom9 said:
FFS I don't think Wozy's observation was particularly unreasonable.
Anyway, back on topic... Are you guys with rapidly appreciating cars actually still driving them?
A lot of the reason for that (it's not worth HUGE money, though possibly around new, base spec Cayman money) is that if anything did go wrong and it took a bad knock, it would no longer be original (if it could be repaired and not written-off as parts are hard to come by and super expensive), which would be a shame and if it did get written-off, it is quite literally irreplaceable, like for like.
I love it, I want to use it, it doesn't have a life changing amount of money in it but IF something went wrong, that would be the end of it.
I know I'll get the usual MTFU and use it line but I am not sure I could use it in real anger?!
Am I mental or do I just value my possessions!?
Both. The upside of getting it repaired and no longer original is that you get to enjoy driving it without the angst. I don't think Wozy's observation was particularly unreasonable.Anyway, back on topic... Are you guys with rapidly appreciating cars actually still driving them?
A lot of the reason for that (it's not worth HUGE money, though possibly around new, base spec Cayman money) is that if anything did go wrong and it took a bad knock, it would no longer be original (if it could be repaired and not written-off as parts are hard to come by and super expensive), which would be a shame and if it did get written-off, it is quite literally irreplaceable, like for like.
I love it, I want to use it, it doesn't have a life changing amount of money in it but IF something went wrong, that would be the end of it.
I know I'll get the usual MTFU and use it line but I am not sure I could use it in real anger?!
Am I mental or do I just value my possessions!?
So it's a win-win - get out there and enjoy it.
dom9 said:
Anyway, back on topic... Are you guys with rapidly appreciating cars actually still driving them?
!?
I was going to use mine as a daily and put 10k a year on it, now decided only to put 1/2 that amount on it.!?
So it sort of does ruin it a little, I drove my R all the time and loved it even though winter.
Cars atm are so miles sensitive :-( for top money
dom9 said:
FFS I don't think Wozy's observation was particularly unreasonable.
Anyway, back on topic... Are you guys with rapidly appreciating cars actually still driving them?
My name is Dom9 and I am a non-drive-aholic. My 950 mile #002 Clio V6 simply isn't getting used.
A lot of the reason for that (it's not worth HUGE money, though possibly around new, base spec Cayman money) is that if anything did go wrong and it took a bad knock, it would no longer be original (if it could be repaired and not written-off as parts are hard to come by and super expensive), which would be a shame and if it did get written-off, it is quite literally irreplaceable, like for like.
I love it, I want to use it, it doesn't have a life changing amount of money in it but IF something went wrong, that would be the end of it.
I know I'll get the usual MTFU and use it line but I am not sure I could use it in real anger?!
Am I mental or do I just value my possessions!?
Sell it. Problem solved. If you are too scared to drive it in case you crash, you are either (a) a terrible driver or (b) far too sensitive. I don't think Wozy's observation was particularly unreasonable.Anyway, back on topic... Are you guys with rapidly appreciating cars actually still driving them?
My name is Dom9 and I am a non-drive-aholic. My 950 mile #002 Clio V6 simply isn't getting used.
A lot of the reason for that (it's not worth HUGE money, though possibly around new, base spec Cayman money) is that if anything did go wrong and it took a bad knock, it would no longer be original (if it could be repaired and not written-off as parts are hard to come by and super expensive), which would be a shame and if it did get written-off, it is quite literally irreplaceable, like for like.
I love it, I want to use it, it doesn't have a life changing amount of money in it but IF something went wrong, that would be the end of it.
I know I'll get the usual MTFU and use it line but I am not sure I could use it in real anger?!
Am I mental or do I just value my possessions!?
Some interesting responses there, chaps.
Values are hugely mileage sensitive when the car is that old and the miles are that low but it really is the inability of even money to replace it that worries me.
In many ways; that is why the bubble bursting (or shrinking) wouldn't actually be terrible for me - I could perhaps buy another to use!
I may also fancy diving into an older 911. My 996 track car was just so much fun and I am missing it now (sold while I worked abroad) as it was such a good back road blaster. I could do that again, for sure. I just see GT3 prices as 'crazy' at the moment
Values are hugely mileage sensitive when the car is that old and the miles are that low but it really is the inability of even money to replace it that worries me.
In many ways; that is why the bubble bursting (or shrinking) wouldn't actually be terrible for me - I could perhaps buy another to use!
I may also fancy diving into an older 911. My 996 track car was just so much fun and I am missing it now (sold while I worked abroad) as it was such a good back road blaster. I could do that again, for sure. I just see GT3 prices as 'crazy' at the moment
The older the car gets the less mileage is an issue. Whether a 50 year old Aston has done 40k or 120k is largely irrelevant as the engine has most certainly been reconditioned/rebuild at some stage during its lifetime. Younger classics might be mileage sensitive but i think that adding a few miles to the car during ownership is always a better proposition than to leave it in the garage/museum as the marginal gain in value is largely theoretical anyway. Go and drive the car and if you happen to save/gain money whilst in ownership consider yourself lucky.
... an those "value discussions on this forum are becoming really tiresome" Lets have some reports on how all these so-called museum pieces are to drive (with pictures obviously).
PS: I owned a 993 for some time and whilst i sold it for more than i paid for it the upkeep of the car was rather expensive so do not forget to add those running costs to the cost of ownership s they can be quite significant.
... an those "value discussions on this forum are becoming really tiresome" Lets have some reports on how all these so-called museum pieces are to drive (with pictures obviously).
PS: I owned a 993 for some time and whilst i sold it for more than i paid for it the upkeep of the car was rather expensive so do not forget to add those running costs to the cost of ownership s they can be quite significant.
ORD said:
Sell it. Problem solved. If you are too scared to drive it in case you crash, you are either (a) a terrible driver or (b) far too sensitive.
Why would I be worried about crashing it due to my abilities? It's other people and particularly car parks that worry me with irreplaceable GRP panels.Strange response.
However, yes, the extremely obvious question I was asking was "am I too sensitive". The answer in general appears to be 'yes' but possibly understandably with values getting up there.
Very valid point. My car is likely worth £50k plus now. If I keep the mileage down and history up its likely going to keep appreciating. I agree once these cars get biffed,
Once any half special car gets biffed the value is torpedoed. All this drive and don't care waffle is well and good. However I feel the responsibility of it. I'm obliged to keep my appreciating asset I'm good shape as, if I met the reaper unexpectedly it would be nice to bequeath the family another piece of revenue. This for me means tactical use of the car. Living in the South east with mucho traffic using daily would be bonkers. Trolling up and down Motorways is not how I want to use the car. This its living a sheltered life and coming out literally high days and holidays. That way I get to use and enjoy it whilst doing all that is reasonable to preserve future value
Once any half special car gets biffed the value is torpedoed. All this drive and don't care waffle is well and good. However I feel the responsibility of it. I'm obliged to keep my appreciating asset I'm good shape as, if I met the reaper unexpectedly it would be nice to bequeath the family another piece of revenue. This for me means tactical use of the car. Living in the South east with mucho traffic using daily would be bonkers. Trolling up and down Motorways is not how I want to use the car. This its living a sheltered life and coming out literally high days and holidays. That way I get to use and enjoy it whilst doing all that is reasonable to preserve future value
Bought my manual 993 C2 Cab on 110K miles for £18K just under 3 years ago, it's now got 130K miles on it, and in my ownership has has had:
Refurb speedo
New clutch
Clutch master and slave cylinder
Rear discs, caliper plates and handbrake shoes
New door lock
Overhauled injectors
Trip computer repair
HID Kit
Caliper repaint in red and overhaul
Paint and fit front air ducts
Dash clocks refaced in white
1x lower V arm, 2x camber arm, 1x kine toe arm
R/R rear bumper & new heat shields and brackets
Replace low fuel level bulb
Remove minor dents
New CV gaitors for n/s driveshafts
steering rack refurb
Koni FSDs + M033s
Superpro bushes
new top mounts all round
OMP strut brace
....plus all the usual like servicing/consumables.
Basically, I've spent a small fortune on it to get it how I like it and in mechanically great condition. I'm not losing much sleep over adding extra miles in terms of how much it may or may not cost me
Refurb speedo
New clutch
Clutch master and slave cylinder
Rear discs, caliper plates and handbrake shoes
New door lock
Overhauled injectors
Trip computer repair
HID Kit
Caliper repaint in red and overhaul
Paint and fit front air ducts
Dash clocks refaced in white
1x lower V arm, 2x camber arm, 1x kine toe arm
R/R rear bumper & new heat shields and brackets
Replace low fuel level bulb
Remove minor dents
New CV gaitors for n/s driveshafts
steering rack refurb
Koni FSDs + M033s
Superpro bushes
new top mounts all round
OMP strut brace
....plus all the usual like servicing/consumables.
Basically, I've spent a small fortune on it to get it how I like it and in mechanically great condition. I'm not losing much sleep over adding extra miles in terms of how much it may or may not cost me
At the risk of making another observation about the bubble....it was only 12 months ago that there were rarely more than a dozen 996GT3s in the PH classifieds. And usually two or three of those were tiptronic lookalikes that had been put there by mistake! Now that the price has shot up to around the £70K mark there's over 30 of them for sale.
boxsey said:
At the risk of making another observation about the bubble....it was only 12 months ago that there were rarely more than a dozen 996GT3s in the PH classifieds. And usually two or three of those were tiptronic lookalikes that had been put there by mistake! Now that the price has shot up to around the £70K mark there's over 30 of them for sale.
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