Tom1200
PowerDork
7/29/23 6:39 p.m.
I saw some 911s advertised.
An 81 SC was 78k.........then on the same site were a 78 Targa for 35K and a modded 74 Targa for 26K
The 78 Targa was much nicer than the 81.
The 74 Targa w as tarted up so I get why it was 10K less.
The only thing I can figure is Targas are still somewhat unloved or the 78 & 74 had rust issues.
Regardless I still don't get who the Go body cars are now pushing into the zone where they are as much as a 3-5 yr old 911.
Can someone explain the prices to me????
parker
HalfDork
7/29/23 7:49 p.m.
No. I had a 73 911 when it was an $8k car. Sounded great and looked cool but $50k - $70k and up? Umm, just no.
Do you comprehend 240Z prices? I feel the same way as you do with the 911's.
parker
HalfDork
7/29/23 8:29 p.m.
In reply to Datsun310Guy :
Yes, I do feel the same way. I had two of them. One was $1100 and the other was $1200. Super fun cars. I actually liked them more than the 911.
Rodan
UltraDork
7/29/23 8:47 p.m.
I had a couple of early Z cars way back when, and always wanted to own another one. I never owned an air-cooled 911, but wanted to. Neither of those things is going to happen. Neither is the Datsun 510 I always wanted.
I've succeeded in a lot of other things I've wanted, so I guess I should be happy with that.
Tom1200
PowerDork
7/29/23 9:10 p.m.
You can still find a 240Z at reasonable prices. I still see 240Zs in decent shape for 15K.
911s just seem to be all over the map.
Well, a Ferrari Mondial can be north of 40k. I'd rather spend 70k on a long hood 911 anyway, than 40k for that pos
Coupes are always worth more than Targas or Cabriolets.
Tom1200
PowerDork
7/30/23 12:00 a.m.
Woody (Forum Supportum) said:
Coupes are always worth more than Targas or Cabriolets.
That works for me as I like Targas.
At the moment I keep juggling with 912Es, Targa SCs or a Cayman.
Of course that's if I don't cave and spend the funds on another formula car.
In reply to Tom1200 :
They only sold about 2000 912Es world wide, and they're weirdly collectible, so that's not a great target if you're hoping to find a bargain.
Woody (Forum Supportum) said:
Coupes are always worth more than Targas or Cabriolets.
Which is interesting, since in previous generations of collectible cars it's always been the convertibles that held their value the best. Perhaps because the brand's value is so closely tied to racing performance?
Rodan
UltraDork
7/30/23 1:40 a.m.
In reply to codrus (Forum Supporter) :
I think it's because making aircooled 911s into Targas and Cabs ruined the lines of the coupe. The recent Cabs and Targas don't have the same 'humpbacked' look.
How about FD RX7 prices? There are so many car prices I do not understand anymore.
A cup of coffee used to be 5 cents, too...time marches on.
I remember reading Road and Track when I was in college and a new 911 Turbo had a list price around $25,000. At the time I couldn't comprehend paying that much for a car, but of course $25k won't get you very much at the dealership today.
parker
HalfDork
7/30/23 9:53 a.m.
In reply to stuart in mn :
That's true but at the time when I was paying $1100 for a 240Z a new MR2 was $15,000. When I bought my 911 for $8000 a loaded Neon R/T was $15,000. Now a 240Z is as much as a new GR86 and an old 911 is as much as a new Cayman. That just doesn't make sense. But like dealer markups, if people are willing to pay it then that's how it is.
Tom1200 said:
I saw some 911s advertised.
An 81 SC was 78k.........then on the same site were a 78 Targa for 35K and a modded 74 Targa for 26K
The 78 Targa was much nicer than the 81.
The 74 Targa w as tarted up so I get why it was 10K less.
The only thing I can figure is Targas are still somewhat unloved or the 78 & 74 had rust issues.
Regardless I still don't get who the Go body cars are now pushing into the zone where they are as much as a 3-5 yr old 911.
Can someone explain the prices to me????
Targas are ugly. I want a 911 in the worst way, not for cachet or any weird tifosi-like Ferdi-fetish, but because the driving position and general feedbacks feel perfect to me. But I don't think I could stomach having a Targa.
codrus (Forum Supporter) said:
Woody (Forum Supportum) said:
Coupes are always worth more than Targas or Cabriolets.
Which is interesting, since in previous generations of collectible cars it's always been the convertibles that held their value the best. Perhaps because the brand's value is so closely tied to racing performance?
M3s are another one where the convertibles are basically worthless compared to the fixed roof vehicles. It's enough to make it economically feasible to find a base 3er and a convertible M3 and merge the two.
docwyte
PowerDork
7/30/23 10:24 a.m.
What about E30 M3 prices? Used to be $15k got you your choice of one in very good shape. Mk4 Supra Turbo's were $20-25k. 964's were $20k, 993's were $30-35k. VW Corrado's were $7k for the nicest 93+ VR6 around.
Prices for all these enthusiast cars are crazy and for many of them, the driving experience simply doesn't match the amount you have to pay to purchase them...
My take is that there are a few factors at play here:
- Of the people who had pictures of these cars on their walls when they grew up, enough of them have disposable income to buy one as a hobby car. That bumps up prices.
- When they were cheap, they were more disposable and often not worth repairing or repairing properly. As a result, the numbers have dwindled. I mean, 911s were always worth something, but if you had a $15k SC with an engine problem, fixing in the engine potentially cost as much or more than the car was worth. Ergo, it ended up on the spares pile. At least the good news is that now most of the cars mentioned above are actually worth fixing properly.
- As Woody already pointed out, the hierarchy for used a/c 911s has been coupe > targa > cabriolet for a long time.
docwyte said:
What about E30 M3 prices? Used to be $15k got you your choice of one in very good shape. Mk4 Supra Turbo's were $20-25k. 964's were $20k, 993's were $30-35k. VW Corrado's were $7k for the nicest 93+ VR6 around.
Prices for all these enthusiast cars are crazy and for many of them, the driving experience simply doesn't match the amount you have to pay to purchase them...
I think part of E30 M3 prices specifically was EAG getting involved, and the total number of US cars being ~5000. Figure half were still on the road when they started, only 10-25% of those are ever for sale at one time, and you only need to control a couple hundred cars to warp the market. Yay market manipulation.
Doesn't account for 911 and other high-volume cars, but who knows, maybe EAG spawned a bunch of copycat dealers.
j_tso
Dork
7/30/23 12:41 p.m.
BoxheadTim said:
- When they were cheap, they were more disposable and often not worth repairing or repairing properly. As a result, the numbers have dwindled. I mean, 911s were always worth something, but if you had a $15k SC with an engine problem, fixing in the engine potentially cost as much or more than the car was worth. Ergo, it ended up on the spares pile. At least the good news is that now most of the cars mentioned above are actually worth fixing properly.
Yep, same factor with the 240Z and other once cheap cars. Clean originals that weren't raced or modified are now rare.
Tom1200
PowerDork
7/30/23 1:53 p.m.
In reply to Pete. (l33t FS) :
Targas are the weird 911........I like weird.
The coupes are better looking to me as well but I wouldn't pay double for the privilege of owning one.
j_tso said:
BoxheadTim said:
- When they were cheap, they were more disposable and often not worth repairing or repairing properly. As a result, the numbers have dwindled. I mean, 911s were always worth something, but if you had a $15k SC with an engine problem, fixing in the engine potentially cost as much or more than the car was worth. Ergo, it ended up on the spares pile. At least the good news is that now most of the cars mentioned above are actually worth fixing properly.
Yep, same factor with the 240Z and other once cheap cars. Clean originals that weren't raced or modified are now rare.
RX-7s are on that slope and it is somewhat comical to see people get aggravated when they find out that THIS SA went for $25k at auction buy THEIR SA isn't getting nibbles at $8000. Because it's modified.
Yes, great that you put a header on it and replaced the springs with Racing Beat springs. It may be a fine driver but it is worthless to a collector.
In reply to Pete. (l33t FS) :
Some of us might still want to nibble .
I think that's also very much the case with FDs - I wouldn't be surprised if all the LS swaps are going to bite people in the posterior value-wise. Yes, I had to go there...
In reply to BoxheadTim :
And a guy I used to work for talked about all of the GTOs, 442s, etc that he bought up and parted out in the late 80s and early 90s. Back then he could find running cars for cheap and make decent money selling pieces parts. He claimed to have owned 50 A-bodies over the years, usually for only a week or so.
Now? Sacrilege. Then? Well... how bad would you feel about buying an '05 Charger and parting it out? They weren't worth anything at the time.
Same for the FDs... and ultimately, you can choose to treat a car as a statue, or as something to be enjoyed. Is it "your" car or are you merely shepherding it for the next guy?
"Don't alter the running parameters!"