How long will modern Porsches keep going crazy?

[Phooey]

Asking the question – how long will modern Porsches keep going crazy?

Since joining RM Sotheby’s over a year ago, car specialist Oliver Camelin has consigned two collections of modern Porsches that ignited an insatiable craze for — and subsequent seismic shift in the value of — certain youngtimers from Stuttgart. We caught up with him ahead of the London sale…

https://www.classicdriver.com/en/article/cars/aski...

[Porsche911R]

Not to much longer I hope, I like to try and buy and drive, not collect and make my wallet get bigger.

Cars I could buy before are now out of my reach for no reason other than investors.

My dream car is now £325k my second dream car is £200k both more than double what they were 4 years ago.

After 90 odd cars my buying and trying has slowed right down which is a shame, I might even have had it with cars soon, one can only hope for a interest rate rise.

Car sales are down, mortgage rates are up the net result is cars will drop in price when investors pull out or cash in their assets, collectors are not really collectors imo they WILL cash in, and once that happens we will be back to normal.

I look forward to it sooner than later. But a correction is coming and people will bail out.

Edited by Porsche911R on Saturday 7th October 08:28

[STMM]

Golly, I hope that's not the case for the used 991.1 I bought last month.

[rubystone]

STMM said:

Golly, I hope that's not the case for the used 991.1 I bought last month.

That’s not an investment class car anyway. It’ll be subject to normal depreciation.

[Steve Rance]

I can't see things changing much in the mid term. Interest rates won't move much, money will still be cheap to borrow and buyers will still be obsessed with values, no modifications and have absolutely no interest in actually driving their cars.