What happened to the bubble?
Discussion
SRT Hellcat said:
Carrera GT's without a story are still fetching good money. I know of one that went for 1.25 this year. Even at 6 + for a good car I still think they are a bargain relative to other supercars that are not so analogue and fetching well over the mill. Enzo for example
Totally agree. Makes this look a bargain -
http://www.jzmporsche.com/used-vehicle-details/Por...
SRT Hellcat said:
Carrera GT's without a story are still fetching good money. I know of one that went for 1.25 this year. Even at 6 + for a good car I still think they are a bargain relative to other supercars that are not so analogue and fetching well over the mill. Enzo for example
There was that time when 4.0 RS prices started going mental when they and the CGT were both around £400k. Seem to remember someone on here doing that trade. I suppose the two things holding CGT prices back a bit is the amount made and aren't they very expensive to maintain ? Mind I know a lot of cars in that price bracket are.
S
s
FocusRS3 said:
SRT Hellcat said:
Carrera GT's without a story are still fetching good money. I know of one that went for 1.25 this year. Even at 6 + for a good car I still think they are a bargain relative to other supercars that are not so analogue and fetching well over the mill. Enzo for example
Totally agree. Makes this look a bargain -
http://www.jzmporsche.com/used-vehicle-details/Por...
FocusRS3 said:
A bargain it is not as I said, or at least not to my mind anyway. That's about the right level and probably a bit on the high side. Look at the past few auctions in Europe (and even the US where they have come off and quite significantly afaik). IIRC, one failed to sell at £480k not so long ago with no obvious negative story other than the KW lifter being installed (which actually would be a good thing if you wanted to use it. The prices of 'collectible' cars have absolutely no relation whatsoever with their driving merits so however the cgt drives (and it really is a phenomenal car in the right circumstances) comparisons in terms of pricing to other cars like the Enzo or F50 is irrelevant I think.
Cheib said:
There was that time when 4.0 RS prices started going mental when they and the CGT were both around £400k. Seem to remember someone on here doing that trade.
I suppose the two things holding CGT prices back a bit is the amount made and aren't they very expensive to maintain ? Mind I know a lot of cars in that price bracket are.
S
s
I think an annual service is about £800. The big one engine out every four or five years ain't cheap. But compare that to an Enzo, Zonda, F40, Mac F1 that is for nothing. Strangely I think they look even better now than they did when the were new and I am not the only one that has said this.1270 is a fair few. But only 144 in black. Without doubt they will go north. Being probably the greatest alongside the F1 but from a different era analogue supercar that was and ever will be built I suppose the two things holding CGT prices back a bit is the amount made and aren't they very expensive to maintain ? Mind I know a lot of cars in that price bracket are.
S
s
993s having a late surge apparently. Having originally been very cynical about rising prices, as it obviously dampens the enthusiast in favour of the investor, I must say I have spent more on mine than I would have done.
At the very least it provides a perfect excuse...as I tell my wife "It's an investment darling"
:-)
At the very least it provides a perfect excuse...as I tell my wife "It's an investment darling"
:-)
Agreed. I am not a new car guy. Save for the Cat but after two years of many smiles per gallon I think I am still in front. Not many cars that you can say that about for less than £60K new. All my other stuff I hope is creeping up. You don't feel so bad when you pay the bill if you feel you are still way in front. But darling I know I just spent £££'s but its worth %%% more than I paid for it so what's the harm. I am investing in our future
isaldiri said:
FocusRS3 said:
A bargain it is not as I said, or at least not to my mind anyway. That's about the right level and probably a bit on the high side. Look at the past few auctions in Europe (and even the US where they have come off and quite significantly afaik). IIRC, one failed to sell at £480k not so long ago with no obvious negative story other than the KW lifter being installed (which actually would be a good thing if you wanted to use it. The prices of 'collectible' cars have absolutely no relation whatsoever with their driving merits so however the cgt drives (and it really is a phenomenal car in the right circumstances) comparisons in terms of pricing to other cars like the Enzo or F50 is irrelevant I think.
FocusRS3 said:
people views on a bargain are a bit screwed imo lol it was quite nice value when no one wanted them at £300k.I am not sure nay of these crazy prices are like finding some thing in £1 shop and thinking bloody hell that was a bargain :-)
now for £600k this looks the better buy
http://www.rightmove.co.uk/property-for-sale/prope...
:-)
Edited by Porsche911R on Friday 15th September 09:10
Cheib said:
SRT Hellcat said:
Carrera GT's without a story are still fetching good money. I know of one that went for 1.25 this year. Even at 6 + for a good car I still think they are a bargain relative to other supercars that are not so analogue and fetching well over the mill. Enzo for example
There was that time when 4.0 RS prices started going mental when they and the CGT were both around £400k. Seem to remember someone on here doing that trade. I suppose the two things holding CGT prices back a bit is the amount made and aren't they very expensive to maintain ? Mind I know a lot of cars in that price bracket are.
S
s
US cars are far less desirable, so one could argue the number of euro cars makes them rarer than F40s- but half the price - Bargain!!!
MDL111 said:
I agree - my definition of bargain was more along the lines of value for money from my perspective/a driving perspective and not related to is it over/undervalued financially in terms of resale/investment value. They did build quite a lot of them and they seem to be a bit marmite. Don't think they can really be compared to Ferraris in terms of valuation - rightly or wrongly not the same league in terms of collectibility
You live in Germany which has far far better road conditions where one can really use a cgt properly (unlike here in the UK unfortunately in my opinion) so you really have no excuse! AndrewD said:
Not really that expensive to maintain. If you actually drive the car for any reasonable time, it is an absolute steal even at these prices. Nothing comes close to the feeling in my view anyway.
In your experience, what would running costs look like at say 10k km a year? There seem to be quite a few higher mileage cars, so some seem to drive them (I remember one with about 130k km on the clock a few years ago). SRT Hellcat said:
Cheib said:
There was that time when 4.0 RS prices started going mental when they and the CGT were both around £400k. Seem to remember someone on here doing that trade.
I suppose the two things holding CGT prices back a bit is the amount made and aren't they very expensive to maintain ? Mind I know a lot of cars in that price bracket are.
S
s
I think an annual service is about £800. The big one engine out every four or five years ain't cheap. But compare that to an Enzo, Zonda, F40, Mac F1 that is for nothing. I suppose the two things holding CGT prices back a bit is the amount made and aren't they very expensive to maintain ? Mind I know a lot of cars in that price bracket are.
S
s
isaldiri said:
MDL111 said:
I agree - my definition of bargain was more along the lines of value for money from my perspective/a driving perspective and not related to is it over/undervalued financially in terms of resale/investment value. They did build quite a lot of them and they seem to be a bit marmite. Don't think they can really be compared to Ferraris in terms of valuation - rightly or wrongly not the same league in terms of collectibility
You live in Germany which has far far better road conditions where one can really use a cgt properly (unlike here in the UK unfortunately in my opinion) so you really have no excuse! MDL111 said:
Sure - a black one at the southern Porsche dealer in Munich and a silver one at Porsche Inntal - from memory now at c 680k and 640k euros. I think the black one was at c 740k last winter and the silver one had various prices, I think in the high 600s and low 700s
Thanks!! Thought you were referring to UK dealers and I was surprised to have missed two cars for sale here!! Gassing Station | Porsche General | Top of Page | What's New | My Stuff