What happens to the already crazy Porsche market now?
Discussion
Just read this and I'm thinking we could see another move higher in values if it's true...might be wrong.....what do you think?
http://www.classicdriver.com/en/article/cars/porsc...
http://www.classicdriver.com/en/article/cars/porsc...
Whatever, 
It's an article by Andrew Shirley of Knight Frank Luxury Investments... but it doesn't matter. http://content.knightfrank.com/research/710/docume...
It's an article by Andrew Shirley of Knight Frank Luxury Investments... but it doesn't matter. http://content.knightfrank.com/research/710/docume...Slickhillsy said:
Doesn't mean a thing... There are less Ferrari classics than Porsche so it's a numbers game. Just isn't the volume of Fezz'a to Pork so by sheer virtue of higher numbers the Pork % will be higher...
It's a price growth rate over period shown, so not affected by number of cars whose sale price is monitored by Hagi. But it is misleading in that Classic Ferrari prices startedto go bonkers years ago, so it's impossible to maintain that rate of appreciation. Porsche is coming off a lower base in terms of prices achieved for classics. In absolute terms you would probably still do better investing in the Ferrari! Part of the reason speculative interest has shifted more to Porsche is simply that they are more affordable investments, whereas the most coveted Ferraris moved to prices out of reach of any but most well-heeled buyers.
Slickhillsy said:
Doesn't mean a thing... There are less Ferrari classics than Porsche so it's a numbers game. Just isn't the volume of Fezz'a to Pork so by sheer virtue of higher numbers the Pork % will be higher...
I think you may have missed the point. The opposite is more likely true because of the fact that there are fewer Ferraris out there. You would expect bigger price rise. drmark said:
Slickhillsy said:
Doesn't mean a thing... There are less Ferrari classics than Porsche so it's a numbers game. Just isn't the volume of Fezz'a to Pork so by sheer virtue of higher numbers the Pork % will be higher...
I think you may have missed the point. The opposite is more likely true because of the fact that there are fewer Ferraris out there. You would expect bigger price rise. 
drmark said:
Slickhillsy said:
Doesn't mean a thing... There are less Ferrari classics than Porsche so it's a numbers game. Just isn't the volume of Fezz'a to Pork so by sheer virtue of higher numbers the Pork % will be higher...
I think you may have missed the point. The opposite is more likely true because of the fact that there are fewer Ferraris out there. You would expect bigger price rise. Ok, just because there are few Ferrari's, and yes they will go for more, 'net' the numbers are still skewed if there are a higher number (even with lower price per unit) of Porsches...
TBH it's a very vague statement anyways as they mention 'performance' - whatever that represents is anyone's guess...
The biggest issue, with regard to Ferrari are the sky high ownership costs. Porsches were better built and in much greater numbers. Not only that, they are far cheaper to maintain. When your cash is sitting in an account earning you a taxed 0.5%, wouldn't you rather have something special sitting in the garage? That's how I've sold it to the mrs anyway!! Old Porsches were too cheap and I dare say some Beemers are too...M3 CSL anyone. I think there's a large community who are sick of what's going on in the car industry right now. I know it's a necessary evil having to deal with ever increasing regulation with regard to safety and economy but some of prefer cars with a bit more soul...I don't particularly care for 0-60s ....fun and character are what I value and old 911s have it in spades.
Harris_I said:
Slickhillsy said:
Ok, just because there are few Ferrari's, and yes they will go for more, 'net' the numbers are still skewed if there are a higher number (even with lower price per unit) of Porsches...
I have read this statement about 5 times and am no closer to understanding it.UcockAroach said:
Just read this and I'm thinking we could see another move higher in values if it's true...might be wrong.....what do you think?
http://www.classicdriver.com/en/article/cars/porsc...
You're Garlick AICMFP!!http://www.classicdriver.com/en/article/cars/porsc...
Slickhillsy said:
LOL
Ok, just because there are few Ferrari's, and yes they will go for more, 'net' the numbers are still skewed if there are a higher number (even with lower price per unit) of Porsches...
TBH it's a very vague statement anyways as they mention 'performance' - whatever that represents is anyone's guess...
Stop testiculating (waving your arms about whilst talking bOk, just because there are few Ferrari's, and yes they will go for more, 'net' the numbers are still skewed if there are a higher number (even with lower price per unit) of Porsches...
TBH it's a very vague statement anyways as they mention 'performance' - whatever that represents is anyone's guess...
ks) 
Slickhillsy said:
Harris_I said:
Slickhillsy said:
Ok, just because there are few Ferrari's, and yes they will go for more, 'net' the numbers are still skewed if there are a higher number (even with lower price per unit) of Porsches...
I have read this statement about 5 times and am no closer to understanding it.Gassing Station | Porsche General | Top of Page | What's New | My Stuff