More hype and plain silliness

[P50]

Black_mamba said:

Its funny, one of my old cars was featured in 911&Porscheworld back in 2008, it made me scamper upstairs to get the magazine out, I took a look at the adverts and what these cars were going for then! we all need time machines

But if it all falls out of bed some eggheads may have lots of yolk all over their shirts....

[Black_mamba]

P50 said:

Black_mamba said:

Its funny, one of my old cars was featured in 911&Porscheworld back in 2008, it made me scamper upstairs to get the magazine out, I took a look at the adverts and what these cars were going for then! we all need time machines

But if it all falls out of bed some eggheads may have lots of yolk all over their shirts....

...or maybe not. I think that with inflation at zero, interest rates not far behind and not likely to go up anytime soon where does someone spend some money. Wait till grandpa starts spending his pension pot too! The thing is there is a wide gulf between crappy cars, good cars and very good cars and it can be very hard to tell one from another from an ad. I wonder how many cars are shifting from the the very optimistic price range (lets say the £80k level) and the more realistic, but still strong, £30k - £50k level, and now the new 'bargain basement doer upper level' (sub £25k). The cars I'm referencing are 3.2's. From my own recent experience I nearly had my hand snapped off selling a late 3.2 in good but not A1 nick for early £30k's. Phone rang off the hook. I priced too low. Next one I let go will be more. Prices are still ticking up...

[P50]

Black_mamba said:

P50 said:

Black_mamba said:

Its funny, one of my old cars was featured in 911&Porscheworld back in 2008, it made me scamper upstairs to get the magazine out, I took a look at the adverts and what these cars were going for then! we all need time machines

But if it all falls out of bed some eggheads may have lots of yolk all over their shirts....

...or maybe not. I think that with inflation at zero, interest rates not far behind and not likely to go up anytime soon where does someone spend some money. Wait till grandpa starts spending his pension pot too! The thing is there is a wide gulf between crappy cars, good cars and very good cars and it can be very hard to tell one from another from an ad. I wonder how many cars are shifting from the the very optimistic price range (lets say the £80k level) and the more realistic, but still strong, £30k - £50k level, and now the new 'bargain basement doer upper level' (sub £25k). The cars I'm referencing are 3.2's. From my own recent experience I nearly had my hand snapped off selling a late 3.2 in good but not A1 nick for early £30k's. Phone rang off the hook. I priced too low. Next one I let go will be more. Prices are still ticking up...

You know what? I agree. I started this thread and in such a short space of time prices have gone simply insane.

I can name perhaps two RHD G50 coupes that were REALLY good and have sold. One was a silver 40k miles car which at £50k I thought was mega heavy. The dealer would not move and it went. That was then just a few months ago. Now it’s cheap for that quality in a good colour. Then we have the Hexagon commemorative car which has (allegedly) sold for £85k.

Above we have the black coupe all but £80k. There is a world of difference between restored and original. The true cognoscenti will pay a huge amount of money for an un-messed cherished car.

They are that rare in original condition as most have had loads of owners and they slowly drift into decrepitude.

If you have an utter corker, don’t care if you sell it or not and do not need the money you won’t be too fussed about letting it go.

Caveat Emptor (and Actor)

[mudy]

I think you have to add a section between cars on original paint that are total minters
and then you next line about drifting through loads of owners into decrepitude ...
My 930 has had 5 owners in 27 years and is not (like most cars) on its original paint
Neither has it drifted into decrepitude ...
I would say that most enthusiast owned cars are like mine - they have mostly had their kidneys done, top ends are seen to when needed, suspension and cosmetics are as new and servicing is on the button with a good indy; basically, everything is attended to as and when needed - essentially no expense spared. Those who are handy with such things will keep the costs down by doing some work themselves.
Just because it's not as from the factory (of which surely only a handful remain), it doesn't mean the car isn't in fantastic condition - it just means it won't attract the true investor and won't get top top money as a result.
Oh and not enough pictures in this thread - this was at the weekend:

Edited by mudy on Tuesday 24th March 15:04

[IMIA]

^ Porn!

[P50]

mudy said:

I think you have to add a section between cars on original paint that are total minters
and then you next line about drifting through loads of owners into decrepitude ...
My 930 has had 5 owners in 27 years and is not (like most cars) on its original paint
Neither has it drifted into decrepitude ...
I would say that most enthusiast owned cars are like mine - they have mostly had their kidneys done, top ends are seen to when needed, suspension and cosmetics are as new and servicing is on the button with a good indy; basically, everything is attended to as and when needed - essentially no expense spared. Those who are handy with such things will keep the costs down by doing some work themselves.
Just because it's not as from the factory (of which surely only a handful remain), it doesn't mean the car isn't in fantastic condition - it just means it won't attract the true investor and won't get top top money as a result.
Oh and not enough pictures in this thread - this was at the weekend:

Endorsed and correct. A proper well maintained documented car that has had work over the years will certainly have a higher value over a nice looking car that doesn't have the wad of receipts to substantiate what's what.

It's a minefield out there and water finds its own level.

The trick is to sniff out an untouched minter for pennies. Buying a gobbed up pooh heap for big £'s will ruin your life!

There's a thread somewhere on Pelican or Rennlist about some poor sod in NZ who bought a UK G50 sight unseen but inspected before pulling the trigger.

When he got it out the container it looked OK. When it was on ramps it quickly beacme apparent the car was utterly fecked.

It needed the works and then some.

Anyone got a link? Very sobering..

Edited by P50 on Tuesday 24th March 15:06

[g7jhp]

P50 said:

Black_mamba said:

P50 said:

Black_mamba said:

Its funny, one of my old cars was featured in 911&Porscheworld back in 2008, it made me scamper upstairs to get the magazine out, I took a look at the adverts and what these cars were going for then! we all need time machines

But if it all falls out of bed some eggheads may have lots of yolk all over their shirts....

...or maybe not. I think that with inflation at zero, interest rates not far behind and not likely to go up anytime soon where does someone spend some money. Wait till grandpa starts spending his pension pot too! The thing is there is a wide gulf between crappy cars, good cars and very good cars and it can be very hard to tell one from another from an ad. I wonder how many cars are shifting from the the very optimistic price range (lets say the £80k level) and the more realistic, but still strong, £30k - £50k level, and now the new 'bargain basement doer upper level' (sub £25k). The cars I'm referencing are 3.2's. From my own recent experience I nearly had my hand snapped off selling a late 3.2 in good but not A1 nick for early £30k's. Phone rang off the hook. I priced too low. Next one I let go will be more. Prices are still ticking up...

You know what? I agree. I started this thread and in such a short space of time prices have gone simply insane.

I can name perhaps two RHD G50 coupes that were REALLY good and have sold. One was a silver 40k miles car which at £50k I thought was mega heavy. The dealer would not move and it went. That was then just a few months ago. Now it’s cheap for that quality in a good colour. Then we have the Hexagon commemorative car which has (allegedly) sold for £85k.

Above we have the black coupe all but £80k. There is a world of difference between restored and original. The true cognoscenti will pay a huge amount of money for an un-messed cherished car.

They are that rare in original condition as most have had loads of owners and they slowly drift into decrepitude.

If you have an utter corker, don’t care if you sell it or not and do not need the money you won’t be too fussed about letting it go.

Caveat Emptor (and Actor)

Lots of pure speculation.

I agree with P50 that the silver 3.2 Carrera with 40k miles sold by Autobahn for circa £50k looked on the money (but steep at the time) but over that it's just a case of people with more money that sense.

- Bottom End - £15k: needs bodywork, engine, gearbox etc and that stuff will cost £20k+ to fix

- High milers - £25k: high miles but tidy, great for those who want to drive

- Nice cars - £34k: Sub 90k miles with tidy or restored paintwork

- Mint - £50k: Low miles with original paint


There are a lot of cars sitting (not selling) at silly prices look at the silver 3.2 P.S. are trying to flog at £80k etc and I don't think we'll see big gains on current prices.

You may get the odd car which sells for silly money (the 3.2 anniversay at supposedly £85k - who knows why as they're not not special and had nasty ruffled leather seats) above this because the buyers has to have it (has money money that sense) and the owner is loathed to let it go unless they're making a silly profit.

Roll on a correction so we see more 3.2's being driven and less speculation!

[pete a]

I'd rather all the cars were sensibly priced to be honest and thats as someone who bought a 997 Gt3 when they were in the 50's.
it just means we all pay more for the cars we want, the only winners are the dealers, oh and me if i cash the car in for the profit, but then what do i replace it with?

Unfortunately i think the high prices are here to stay along with the silly house prices we have in the South, if you really want to see "More hype and plain silliness" have a look at London house prices on Rightmove

[IMIA]

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

I've been to see this car. Comparable to mine with better mileage although I think mine is in slightly better nick and has better spec with short shift, turbo rear fuchs , sports seats and LSD.

[P50]

IMIA said:

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

I've been to see this car. Comparable to mine with better mileage although I think mine is in slightly better nick and has better spec with short shift, turbo rear fuchs , sports seats and LSD.

And yours is not red. I'm sure a lot of people love it but I'm no lover or a red Porsche.

I would not have bought mine if it was red. This is my personal choice but a typical 80's red 911 with red Fuch's, possibly a targa, linen leather piped red is all rather too much and very yuppy 80's.

Lovett's car's a coupe with black leather but a non period colour is much more funky. Although the old addage of always but on condition is to be observed I'd not pay the 75k on that! (somebody will though Im sure..)

[IMIA]

P50 said:

IMIA said:

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

I've been to see this car. Comparable to mine with better mileage although I think mine is in slightly better nick and has better spec with short shift, turbo rear fuchs , sports seats and LSD.

And yours is not red. I'm sure a lot of people love it but I'm no lover or a red Porsche.

I would not have bought mine if it was red. This is my personal choice but a typical 80's red 911 with red Fuch's, possibly a targa, linen leather piped red is all rather too much and very yuppy 80's.

Lovett's car's a coupe with black leather but a non period colour is much more funky. Although the old addage of always but on condition is to be observed I'd not pay the 75k on that! (somebody will though Im sure..)

I think she's lovely but she has some odd marks and nicks - nothing off putting but unusual for what they were advertising as a concourse car before. At £50k as someone suggested above I'd buy her even though I prefer sports seats and forget the Fezza!

[Black_mamba]

and we have a new winner!

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

looks nice, but 115 bags...

[hunter 66]

Only 6,000 Km though and a prized LHD version ..........
Reminds of many years ago all disconnected the speedos on RS , as easy to do and drive on the rev counter only ... trips to Ring and Spa ...
Now only 20k Kms , only 2 lady owners .........

[g7jhp]

Black_mamba said:

and we have a new winner!

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

looks nice, but 115 bags...

LHD and non-sport, no sports seats. So not a UK, Hong Kong bound car. Mad asking price!

[P50]

g7jhp said:

Black_mamba said:

and we have a new winner!

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

looks nice, but 115 bags...

LHD and non-sport, no sports seats. So not a UK, Hong Kong bound car. Mad asking price!

Who wants LHD in the UK?! Lovely miles (too low to use?) and it is non sport which is a major plus (wish mine was).

115 large is indeed a new winner.

Someone will buy it I suspect...

[Essential]

This car is coming up for sale soon.

http://www.adamtowler.co.uk/category/my-cars/1986-...

Clean and tidy.
Looks and drives great although 2nd gear sometime a little sticky
Interior really nice
Runs and drives lovely
Cosmetically really good

Now with red wheels, red script, cs front spoiler etc all easily out back to original.

Was going to advertise it for £28k and see what happens.

[Essential]

This car is coming up for sale soon.

http://www.adamtowler.co.uk/category/my-cars/1986-...

Clean and tidy.
Looks and drives great although 2nd gear sometime a little sticky
Interior really nice
Runs and drives lovely
Cosmetically really good

Now with red wheels, red script, cs front spoiler etc all easily out back to original.

Was going to advertise it for £28k and see what happens.

[hot66]

P50 said:

Who wants LHD in the UK?!

Me. Both my air cooled are LHD by choice. Have had rhd in t past, but wouldn't have rhd again as really prefer the driving position etc in the ltd air cooled cars. Air cooled were designed as LHD from the outset

[SignalGruen]

hot66 said:

P50 said:

Who wants LHD in the UK?!

Me. Both my air cooled are LHD by choice. Have had rhd in t past, but wouldn't have rhd again as really prefer the driving position etc in the ltd air cooled cars. Air cooled were designed as LHD from the outset

Same here. Sold my RHD 964 and bought a LHD 964 as my lower back couldn't agree with the pedal offset.

[James B]

Has anyone seen this? I can only imagine it's a typo. The car is lovely but that is insane money for it and this comes from someone who has the exact same model but completely original with half the miles!

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