Where Has All The Pork Gone??

[Land Shark GT]

Is it just me or have others noticed several Porsche models just drying up
being available for sale? There is a serious lack of pre 89 air cooled cars
or at least stuff that is fresh, 3.2 G50 Coupes are like hens teeth,
993 models are scarce, good s2 and turbo 944s
are almost as hard to source, the latest listings page always had a spin over of
new cars every day even in winter time......Nobody is parting with their Porsche
asset now all betting on a baloon thats still expanding.........

[Chunkychucky]

I too had noticed this, my old man got in to a 993 C2 for £20k last year, now there is nothing around at anything near that price except cars that need money spending! Can't wait for the bubble to burst tbh

[Poorsh]

What would be the factor to cause the bubble to burst, maybe it's not a bubble but lack of availability due to age.

[dugsud]

Or it could of course be that aircooled 911 owners really like their cars so are hanging on to them coupled with more people wanting to buy one!

Supply and demand....last time I checked they weren't making any more....

[Land Shark GT]

Poorsh said:

What would be the factor to cause the bubble to burst, maybe it's not a bubble but lack of availability due to age.

The cars still exist for sure, they are going into collections and not coming out again.
Plus all Porsche owners are now well on top of their cars current value. No such thing as a cheap
Porsche anymore. Add all this to the fact that Porsche can do no wrong anywhere...Currently
anyway

[Crimp]

This is why the cars at the specialist dealers are mainly on a Sale or return (SOR) at over inflated prices due the dealer wanting his margin on an already inflated price

[Robbo66]

Land Shark GT said:

The cars still exist for sure, they are going into collections and not coming out again.
Plus all Porsche owners are now well on top of their cars current value. No such thing as a cheap
Porsche anymore. Add all this to the fact that Porsche can do no wrong anywhere...Currently
anyway

Not all of them are I can assure you...991GT3 gone, 72ST in...to be used as intended

[bruciebonuz]

Bought this this week for 19k....not perfect, will need some attention but it has a year's MOT and summer is here!

[chrisgaia]

It seems like only yesterday that you could go on PH, C&C, Auto Trader (even) and there would be a host of pre 89s with well under 100k miles for between 10 and 15G. I remember special editions, very low milages, minters, etc at next to no money compared with now. If only the wife had let me buy that Supersport for 16G!! Occasional 964s seem to be the only thing at remotely acceptable value of the ACs. 993s are mad and will keep going up.

Even though it means we can keep spending money on our beauties, I miss those sane days!

[g7jhp]

There does appear to be a lack of aircooled cars at present. I hope people aren't buying and storing them in collections.

Mainly because I suspect there will be quite a few which are quietly eating themselves from the inside out!

[CarreraWB]

How long have people been waiting for the bubble to bust? Must be years now.

[pete a]

CarreraWB said:

How long have people been waiting for the bubble to bust? Must be years now.

In fact the bubble just keeps getting bigger.

[Wozy68]

pete a said:

In fact the bubble just keeps getting bigger.

I can't believe it will happen on your 'standard' aircooled 911. It's more to do with them catching the wider classic market up.
Just look at the likes of the E Type etc etc to see that the 911 post 73 are not 'that' expensive in comparison.

That's not talking the market up, it's a fact.

[hunter 66]

Have seen stored cars where the owners have never even seen them .......will never drive them .

[mollytherocker]

dugsud said:

Or it could of course be that aircooled 911 owners really like their cars so are hanging on to them coupled with more people wanting to buy one!

Supply and demand....last time I checked they weren't making any more....

Its as simple as this. Boring I know, but its not rocket science.

[g7jhp]

mollytherocker said:

dugsud said:

Or it could of course be that aircooled 911 owners really like their cars so are hanging on to them coupled with more people wanting to buy one!

Supply and demand....last time I checked they weren't making any more....

Its as simple as this. Boring I know, but its not rocket science.

Agree and when we get the next dip happens aircooled 911's will come down like the rest of the market...if people need to sell/decide to get out of them.

Most classics including E-types etc have gone up and dropped before it'll happen again. It's just a case of when and how big the drop is!

[mollytherocker]

g7jhp said:

Agree and when we get the next dip happens aircooled 911's will come down like the rest of the market...if people need to sell/decide to get out of them.

Most classics including E-types etc have gone up and dropped before it'll happen again. It's just a case of when and how big the drop is!

I cant fathom a set of circumstances that would see air cooled prices come down. There just arent that many around and loads are being exported to an ever increasing world wide demand.

I would be interested to hear how you think it could happen.

[g7jhp]

mollytherocker said:

g7jhp said:

Agree and when we get the next dip happens aircooled 911's will come down like the rest of the market...if people need to sell/decide to get out of them.

Most classics including E-types etc have gone up and dropped before it'll happen again. It's just a case of when and how big the drop is!

I cant fathom a set of circumstances that would see air cooled prices come down. There just arent that many around and loads are being exported to an ever increasing world wide demand.

I would be interested to hear how you think it could happen.

There are a number of factors which could work independently or together.

Alternative investment opportunities
People have been investing in cars because they offer(ed) a good return on investment compared to other alternatives. This ROI is now dropping as cars are at a high and are higher risk. If other alternatives become more attractive people will move their investments into those.

Economic downturn
We've had big crashes in the early 90's in 2008. These things do happen.Who knows how the next crash will be triggered (economic crash, war, disaster, terrorism), but if confidence is hit globally (or in a key global market) and the ripples are felt in the UK it will happen.

Demand
We're also seeing massive cultural and lifestyle shifts in the way people live. More people borrowing, hiring, loaning goods and services and less about the need to own them outright. The next generation aren't petrolheads, don't drive etc

Technology
Electric cars are coming, petrol and diesel are seeing massive shifts, it could all move quickly with autonomous cars etc.

Many of these are seen as longer term but you don't have to fathom a set of circumstances to see there are many ways things change. All I believe is it will happen it's just when and how big the drop hits!

[mollytherocker]

g7jhp said:

There are a number of factors which could work independently or together.

Alternative investment opportunities
People have been investing in cars because they offer(ed) a good return on investment compared to other alternatives. This ROI is now dropping as cars are at a high and are higher risk. If other alternatives become more attractive people will move their investments into those.

Economic downturn
We've had big crashes in the early 90's in 2008. These things do happen.Who knows how the next crash will be triggered (economic crash, war, disaster, terrorism), but if confidence is hit globally (or in a key global market) and the ripples are felt in the UK it will happen.

Demand
We're also seeing massive cultural and lifestyle shifts in the way people live. More people borrowing, hiring, loaning goods and services and less about the need to own them outright. The next generation aren't petrolheads, don't drive etc

Technology
Electric cars are coming, petrol and diesel are seeing massive shifts, it could all move quickly with autonomous cars etc.

Many of these are seen as longer term but you don't have to fathom a set of circumstances to see there are many ways things change. All I believe is it will happen it's just when and how big the drop hits!

These are all reasonable assumptions. Without spending the next hour responding to your points, I will roll it up into one sentence.

I am not convinced that any of those factors will touch air cooled cars, or indeed any classic cars.

There would have to be an EXTREME shift in more than one of those areas. And I dont see that happening.

Also, I see your 2nd and 4th subjects as positive, not negative.

Just a view of course, who knows?

[kitz]

I think a reason for the popularity and the scarcity are the excellent
specialist magazines devoted to Porsche ... No such thing as a bad one ..
they just need love .