Best Porsche as Investment?
Discussion
A superb 911s - completely rebuilt by Alan Drayson / Mike Bainbridge etc (every nut and bolt and component renewed or refurbished 3 years ago) sold this week for £51,500 at auction despite a 2009 valuation of around £75k.
The engine and box rebuild cost well over 20k alone.
What people ask and what people get....
The engine and box rebuild cost well over 20k alone.
What people ask and what people get....
SEE YA said:
I spoke to a dealer yesterday, he said hang on to your 930 they are going up and up. It does not matter be it a four or five both models are going upwards.
It makes me think I bought mine, at the right time five years ago
As I have said before EVERY MILE IS A SMILE
Topped out now the 930's theres a lot hanging about the best of the breed are struggling at 40k.It makes me think I bought mine, at the right time five years ago
As I have said before EVERY MILE IS A SMILE
When i say the best i mean factory fresh low mile 5 speeds, 4 speeds are hanging around the mid 20's
There's cars on here that have been around ages so there is no big demand as i can see in the trade.
Crimp sold his at the right time from what i can see at 40kish
In terms of sleepers i'd put my money into GT2's they've dropped significantly and are mega rare.........watch this space
ClassicCarMad said:
SEE YA said:
I spoke to a dealer yesterday, he said hang on to your 930 they are going up and up. It does not matter be it a four or five both models are going upwards.
It makes me think I bought mine, at the right time five years ago
As I have said before EVERY MILE IS A SMILE
Topped out now the 930's theres a lot hanging about the best of the breed are struggling at 40k.It makes me think I bought mine, at the right time five years ago
As I have said before EVERY MILE IS A SMILE
When i say the best i mean factory fresh low mile 5 speeds, 4 speeds are hanging around the mid 20's
There's cars on here that have been around ages so there is no big demand as i can see in the trade.
Crimp sold his at the right time from what i can see at 40kish
In terms of sleepers i'd put my money into GT2's they've dropped significantly and are mega rare.........watch this space
I have a friend that has an art gallery in New York and when he has somebody ask him what the best art to buy as an investment is he always says "buy something that you love because then if the art market goes to pot at least you will be stuck with something you love" The best Porsche as an investment? One that you love.
Ah, that's nice advice!
A friend and I swapped cars this weekend and went for a long drive. I followed my yellow mk1 GT3 in his red 964 and was just so in love with the rump of the GT3. That spoiler is up there with the subtler version of the 993RS spoiler.
(It might be worth more than I paid for it one day, but if not it'll still have given me many hours of pleasure.)
A friend and I swapped cars this weekend and went for a long drive. I followed my yellow mk1 GT3 in his red 964 and was just so in love with the rump of the GT3. That spoiler is up there with the subtler version of the 993RS spoiler.
(It might be worth more than I paid for it one day, but if not it'll still have given me many hours of pleasure.)
911Al said:
I have a friend that has an art gallery in New York and when he has somebody ask him what the best art to buy as an investment is he always says "buy something that you love because then if the art market goes to pot at least you will be stuck with something you love" The best Porsche as an investment? One that you love.
+1 My 930 was the only type of 911 I wanted. So I made my dream come true.To me i would say any GT derived 911 will be a safe bet.
996 GT2 has to be the next big (just on looks alone) one but not for a while i'd say.
930 has had a good couple or 3 yrs but has topped out as they just seem to hang around for ages, not everybodies cup of tea, I was tempted but have since decided not to bother. They also made lots of them.
996 GT2 has to be the next big (just on looks alone) one but not for a while i'd say.
930 has had a good couple or 3 yrs but has topped out as they just seem to hang around for ages, not everybodies cup of tea, I was tempted but have since decided not to bother. They also made lots of them.
Updated my mate and the fool is living in a complete dreamworld and had no idea about yearly running costs which I suggested could be upwards of £2000. He's not interested now and can stick the money up his isa. I've given up. Complete timewaster and sorry to all who have replied.Thanks for all comments which I've enjoyed reading anyway.
I think the really old stuff is a safe investment. The 996 gt2 is perhaps a more risky but potentially more profitable investment as it has further to go before it reaches what I think will be its stable long term value.
Do not buy a 996 turbo. I bought mine hoping never to lose any money on my immaculate low mileage example and then fell in love with driving it. I've put nearly 10k miles on it in the first year and have no plans to sell it anymore!
Do not buy a 996 turbo. I bought mine hoping never to lose any money on my immaculate low mileage example and then fell in love with driving it. I've put nearly 10k miles on it in the first year and have no plans to sell it anymore!
Niffty951 said:
Do not buy a 996 turbo. I bought mine hoping never to lose any money on my immaculate low mileage example and then fell in love with driving it. I've put nearly 10k miles on it in the first year and have no plans to sell it anymore!
Not planning to sell mine either if I can avoid it. You'll probably find a lot of owners in a similar boat. So, how much for a thirty year old 996 Turbo with 100000 miles (currently a 2002 car with 37000 miles doing about 3000 a year)?
JW911 said:
Not planning to sell mine either if I can avoid it. You'll probably find a lot of owners in a similar boat.
So, how much for a thirty year old 996 Turbo with 100000 miles (currently a 2002 car with 37000 miles doing about 3000 a year)?
Well amusingly demonstrating how long I've been browsing the adds dreaming about 911 turbos. I have a printed add of my (at the time) dream 964 turbo 3.3 £18,500ono. 10 years later almost exactly I found the same car for sale with double the mileage £27,500 ono There's hope yet So, how much for a thirty year old 996 Turbo with 100000 miles (currently a 2002 car with 37000 miles doing about 3000 a year)?
Niffty951 said:
Well amusingly demonstrating how long I've been browsing the adds dreaming about 911 turbos. I have a printed add of my (at the time) dream 964 turbo 3.3 £18,500ono. 10 years later almost exactly I found the same car for sale with double the mileage £27,500 ono There's hope yet
Inflation means 18500 ten years ago = 24000 in today's money so pretty marginal improvement.drmark said:
A superb 911s - completely rebuilt by Alan Drayson / Mike Bainbridge etc (every nut and bolt and component renewed or refurbished 3 years ago) sold this week for £51,500 at auction despite a 2009 valuation of around £75k.
The engine and box rebuild cost well over 20k alone.
What people ask and what people get....
Sounds about right, they were fetching that sort of money (low £50K's) when I sold mine in 2008. I don't believe anyone would seriously pay £90K for one today. Not even Autofarm are advertising them at that sort of price. The engine and box rebuild cost well over 20k alone.
What people ask and what people get....
Lucky enough to have ridden this wave (a bit) with a 996 GT3, 3.2 and 1970 911s but, despite rise in market, made very little after maintenance and refurb costs. Loved the ride though - with the possible exception of the 3.2 which which I never really gelled with.
Caveat emptor in this market though.
I am off to AMG while they are still allowed to make mad cars
Caveat emptor in this market though.
I am off to AMG while they are still allowed to make mad cars
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