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Discussion in 'Vintage Ferrari Market' started by PFSEX, Jan 18, 2013.
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310 asking all the way down to 240. Sold real Friggin' quick.
How on earth does the whole market cool off but a standard 1996 porsche 911 still remain at the same crack pipe price? Still don't get it. What is holding up the prices on all of those mass produced, dime a dozen 911s? Who the hell pays 60 grand for a 110k mile 911 from 1996? LMAO
Where are all of these porsches hiding? Post warehouse photos if you come across them hehe.
every $100k tier is a different market, imho
not many a folk can stroke a $250k check
under $100k financing readily available
yeah the 911 air cooled market is ridiculous.
You have a slow ass 1985 911 with 150k miles with holes in the leather, paint faded, you will still sell it for $30k when you can buy a nice 997 for that much.
That is completely insane. In that kind of condition that's a 15k car at best. Along with the miles? So I have to pay somebody 30 grand, then spend another 2-6k on paint, another 2k on interior work, plus another 6k on some odds and ends (im sure there will be other suprises on a turd of a car like that) and I'm left spending a total of 43 grand for a 150k mile 85 porsche? You have got to be kidding me LOL!
The sales volume of those last 911's was pretty low and not many survived so you get high prices for them. Porsche was just about dead in the 90's.
You're right the production level was low for porsche standards but they still made a BOATLOAD of them. See the 993 production numbers.
over 57,000 carreras made, and special editions for a total of roughly 57,700 cars. Sorry these aren't even close to being rare. And that's just the United states! LMAO. And look at those turbo production numbers. 6,676 turbos produced. Incredible. Yet if you didn't know any better you would swear these were sub 250 production number cars.
These are not low surviving cars, not buying that for a second. Anybody telling you otherwise has a bridge to sell you.
Now they sell 8,900 911's in the USA each year. That is a lot more than they sold in the 90's. The Porsche market is a lot bigger that the Ferrari market.
Here is a good video showing how many Porsches were made for each generation, it's a lot but there are more water cooled Porsches than air cooled:
If the stock market continues down its current path and is below Dow 21,000 by Scottsdale weekend I think it will be a rough weekend for sellers at present expectations.
So now the new snake oil is 90s japanese? Really?? What's next? Diecast cars?
I hate to say it but I sure hope so. I’m flying out to AZ and have several cars on my list - it’d be nice to come home with a couple!
Bonham's auctions in London was a non sales Ferrari cars...
You know what!? 15 years again with petrol cars afther this period, these cars will comes as a static sculpture in the garden.
then they are art and much more worth
Get a load of this guy. A 2008 murcielago valued at around 225k, this car is a great investment with nowhere to go but up! LMAO!
I do believe the manual Murci's will go up someday but I think prices will fall further first.
I think he is on the "hopeful" side of the "J" curve right now. Maybe someday. One must pay their dues first.
Is "J" curve a new buzz word? I always thought of the process as either a "U" or "V" formation.
In over sude the article was wrote in May 2018
a wake up for bubble watchers.... lot of things could be in for a change....especially at the Fed.... the physical make up..... with Trump having the ability to appoint new members and allow for new direction in policy... which could include a reset of the value of dollar in international money markets…. and possibly bring gold standard back...all good for our F cars as a store of value and the future of trade
LOL! A "collectible" 91 Lexus!
First gen LS400 is one of the greatest cars ever produced and best car I have ever owned. Collectible though? No way. As epic as that car was, nobody seems to care about it whenver I bring it into conversation. They still sell for about the same price as I bought mine for in 2004. $4-5k for a nice driver. Mine had 119k on it. Drove it for 6 years and still miss it. I understand why people (especially car nuts) kind of shun lexus. But that car was special, and light years ahead of its time. Stepped into two second gen GS400s after that car that felt like pedestrian junk compared to the LS400, even though they were great cars. I had three phaetons afterward that were far superior but were pricey to run. Nicest car I've ever owned. The LS was an all around better car, and prettier IMO. Lexus had the perfect formula at inception. Take all the faults of the german Lux cars, fix them and copy the beautiful designs. After the 90s wrapped and their reputation was cemented, the cars just got uglier and uglier. The attention to detail, materials used, and x factor IMMEDIATELY disappeared.
Also its funny to see the 90s Lexus SC's pop up in value simply because nobody can a afford a 50 grand toyota from 1996 with 100k miles on it LOL. I used to always recommend those to anybody who fancied a Supra. Same car, better equipped, equally as pretty.
Somer more opinions on where the market is going...
how about gold at $10,000.00 per ounce... return to gold standard proponents are proposing this value as a basis in resetting the value of the dollar....