The dreaded depreciation

The dreaded depreciation

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355spiderguy

1,476 posts

171 months

Tuesday 19th November 2019
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davek_964 said:
I owned a 964 C4 in the early 2000s. Would have been about that time somebody on the forums was selling their 964RS. Just had a full respray, and if I remember correctly it was up for £28k - which at the time was about £10k more than a 'normal' 964.

I remember thinking it was a bit over priced. Wish I could turn the clock back!
Lol!

That's what i had at the time... from early 2002 until late 2005, a 964 C4, guards red, linen, teardrop mirrors and magnesium cups fitted...the deal was my car plus £14k...i just couldn't see how the 3.6 turbo was worth near double the price of my mint 48k miles car, and felt mines was worth £19k at the time.

Felt vindicated afterwards as i sold it for a whole £50 more than what i paid for it 3 years earlier.

Last time i seen the French Blue 964 3.6 turbo in question it was for sale it was £285k...i guess that car doesn't fit in with this thread...
scratchchin

Larry5.2

496 posts

108 months

Wednesday 20th November 2019
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I bought a 964 turbo in 2000 for £27500. At the same vendor there was Countach on sale for £32k. I was sorely tempted but common sense and fear of Italian electrics prevailed. I sold the Turbo 2 years later for £24500. Them were the days....

anonymous-user

54 months

Wednesday 20th November 2019
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355spiderguy said:
davek_964 said:
I owned a 964 C4 in the early 2000s. Would have been about that time somebody on the forums was selling their 964RS. Just had a full respray, and if I remember correctly it was up for £28k - which at the time was about £10k more than a 'normal' 964.

I remember thinking it was a bit over priced. Wish I could turn the clock back!
Lol!

That's what i had at the time... from early 2002 until late 2005, a 964 C4, guards red, linen, teardrop mirrors and magnesium cups fitted...the deal was my car plus £14k...i just couldn't see how the 3.6 turbo was worth near double the price of my mint 48k miles car, and felt mines was worth £19k at the time.

Felt vindicated afterwards as i sold it for a whole £50 more than what i paid for it 3 years earlier.

Last time i seen the French Blue 964 3.6 turbo in question it was for sale it was £285k...i guess that car doesn't fit in with this thread...
scratchchin
Which begs the question, which cars are we currently dismissing will be the stars of the next 10 years? I may have put it clumsily, but not everything will follow the same path. The "3.6 turbo" is parked right now on a sales lot somewhere with a bargain price on the windscreen.

RevsPerMinute

1,876 posts

221 months

Wednesday 20th November 2019
quotequote all
davek_964 said:
I owned a 964 C4 in the early 2000s. Would have been about that time somebody on the forums was selling their 964RS. Just had a full respray, and if I remember correctly it was up for £28k - which at the time was about £10k more than a 'normal' 964.

I remember thinking it was a bit over priced. Wish I could turn the clock back!
Was that the 964 RS that was originally Rudystone and had been repainted Midnight Blue? Incorrect rear bumper as well IIRC.

davek_964

8,818 posts

175 months

Wednesday 20th November 2019
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RevsPerMinute said:
davek_964 said:
I owned a 964 C4 in the early 2000s. Would have been about that time somebody on the forums was selling their 964RS. Just had a full respray, and if I remember correctly it was up for £28k - which at the time was about £10k more than a 'normal' 964.

I remember thinking it was a bit over priced. Wish I could turn the clock back!
Was that the 964 RS that was originally Rudystone and had been repainted Midnight Blue? Incorrect rear bumper as well IIRC.
No - I believe it was red before and after the respray - although I think the reason for the respray was because the owner drove it into a fence?

thecook101 said:
Which begs the question, which cars are we currently dismissing will be the stars of the next 10 years? I may have put it clumsily, but not everything will follow the same path. The "3.6 turbo" is parked right now on a sales lot somewhere with a bargain price on the windscreen.
I think it's even harder to predict now. The whole EV situation makes it so much more complicated - what might have become a halo car once, might still - or it might become an expensive white elephant.

355spiderguy

1,476 posts

171 months

Wednesday 20th November 2019
quotequote all
thecook101 said:
Which begs the question, which cars are we currently dismissing will be the stars of the next 10 years? I may have put it clumsily, but not everything will follow the same path. The "3.6 turbo" is parked right now on a sales lot somewhere with a bargain price on the windscreen.
I would hedge my bets on something that is not manual!

My oldest young lad at 19 has a classic E46 M3 convertible that he specifically wanted in manual, but he has already stated that's the last manual he shall have...the young uns that will decide on the 'next' 964 3.6 turbo want quick autos like a45 amgs etc...

anonymous-user

54 months

Wednesday 20th November 2019
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Tempting to say we are past the age of cars appreciating stratospherically as by and large they make too many of them nowadays. So what contenders are we left with - the likes of the Valkyrie, P1, LaFerrari, 918..? Thing is they were never bargains to begin with and nor will they ever languish on a lot waiting for an eagle eyed collector to snap up. Depressingly the modern classics that are earmarked by dealers are the low mileage garage queens. I have read a number of articles recently that identify the long term gainers as those that were best in class at launch, but have very few miles on them. Delivery mileage even better! Quite depressing really.