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preach
preach GRM+ Memberand SuperDork
7/30/23 3:46 p.m.

dyintorace
dyintorace GRM+ Memberand PowerDork
7/30/23 3:49 p.m.

In reply to preach :

That guy is $100k overpriced, give or take, even in the crazy 911 market we're in. 

preach
preach GRM+ Memberand SuperDork
7/30/23 4:28 p.m.

In reply to dyintorace :

I think he's been sucking the crack pipe since 2020. The ad has been up forever.

Pete. (l33t FS)
Pete. (l33t FS) GRM+ Memberand MegaDork
7/30/23 4:52 p.m.

In reply to preach :

Without reading a wall of text, I assume a spousal unit says the car has to go.

 

That kind of pricing is the f-off number you give to someone who walks up to you and asks "how much for the car?".  It isn't a number you put up if you are trying to sell it.

gencollon
gencollon New Reader
7/30/23 5:28 p.m.

Every time I think about getting an aircooled 911, I remember that I'm looking at $40-70k  and I just think about all the other cars I could get for the money these days:

Evora, C7 Stingray, 2014 Boxster/Cayman, CTR, The best S2K in the country, Supra, FD, GT350, GTR, SS1LE the list is endless, and every other car is faster, has heat and A/C and ABS that work etc.

When you get up into the $60k range, you're in 997.2 territory, and if you could only have on of 'em, you'd be an odd duck if you choose the earlier car.

The people buying them now must be getting it as a third or fourth car... Purely to have something simple and pretty that will hold it's value over time...even if it's not exactly cheap to own one.

The aircooled 911 market is a supply and demand issue, and it should inform the auto mfgs. what the enthusiast market is hungry for..

 

Pete. (l33t FS)
Pete. (l33t FS) GRM+ Memberand MegaDork
7/30/23 5:34 p.m.
gencollon said:

Every time I think about getting an aircooled 911, I remember that I'm looking at $40-70k  and I just think about all the other cars I could get for the money these days:

Evora, C7 Stingray, 2014 Boxster/Cayman, CTR, The best S2K in the country, Supra, FD, GT350, GTR, SS1LE the list is endless, and every other car is faster, has heat and A/C and ABS that work etc.

Yeah, but all of those have power steering, because they need it.

I feel about steering the way some people feel about transmissions: It should be light, direct, and unassisted.

 

All of those other cars are faster and better in every way but steering feel, some of them have feedback so poor that there are videogames that feel better.

 

Different people have different priorities, of course.

frenchyd
frenchyd MegaDork
7/30/23 5:51 p.m.
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????

You make a valid point.  But the real tough part is Jaguars.  Early  Porsche's started out more expensive the Jaguar XKE's 

 
However   A driver quality XKE roadster series 1 is $150,000  while fresh restorations start at $185,000 and go up depending on which shop did the work.    And special street  ones get to $250,000  while the light weight race cars are approaching or exceeding $500,000 

     OK unloved 2+2 coupes can be much cheaper especially the series 2& 3.   
  

Ian F (Forum Supporter)
Ian F (Forum Supporter) MegaDork
7/30/23 6:06 p.m.

Part of the crazy prices is a desire for a more "raw" driving experience. Add to that buyers with a lot of disposable income with a limited supply of cars and you get crazy price escalations. 

z31maniac
z31maniac MegaDork
7/30/23 6:09 p.m.

Obviously not quite as high, but I feel the same about E30 prices. 

I would LOVE to have another '91 318is, but I'm not going to pay $20-25k to get one as clean as I had 13 years ago. 

gixxeropa
gixxeropa GRM+ Memberand New Reader
7/30/23 6:14 p.m.

I think you have to try to hit a moving target and pick up whatever is at the bottom of its depreciation curve at any given time. I put too many miles on my cars to worry about resale value anyway. I'd love an air cooled 911 but its not on the table in a post bring-a-trailer world

californiamilleghia
californiamilleghia UberDork
7/30/23 6:18 p.m.

Hey it's 75th Porsche anniversary ,  raise the prices !
 

but one of the problems with 911 " barnfinds" is how much you need to spend to get  the motor running  without damaging it , and then the brakes .....

I hear about a lot of 911 projects  but they are not at project prices , plus here we have smog checks for 1976 and newer ( no safety checks ) 

and if you want an overdose of Porsches plan on going to Rennsport at Laguna  Seca in September :).  See you there .......

David S. Wallens
David S. Wallens Editorial Director
7/30/23 6:22 p.m.

I think it’s that right mix of, in no particular order, nostalgia, pedigree, aesthetics, practicality, history, performance, comfort, feel, support, sound and the view over those fenders. Then mix in supply and demand.

 

octavious
octavious Dork
7/30/23 6:43 p.m.

74-77 are usually cheaper too because nobody wanted the 2.7 engine which had a history of pulling head studs. 
 

As a 76 911 targa owner I can give you my two cents... I bought my car in 2001 for $7000. That seemed high even back then. I was looking for an MGB in the printed Autotrader (remember those) in the gas station. I bought it without PPI, no consulting websites, no research. I bought simply because it made me smile when I drove it. And driven it have, it currently has 228k miles on it. Which includes over a year of downtime when I had the engine rebuilt. I learned early on that if I wanted to keep the 911 I had to learn how to turn a wrench because the specialist were expensive.

With all that said, aircooled Porsche prices in general are crazy. 911s are bad but have you seen 914s lately?  That are just as crazy. Air cooled VWs are high too, anyone look at buses lately.. Craziness across the board.
 

911s got a reputation of being "the driving car to compare all others to". That caused people to be curious about if they really were, and that caused the prices to go up. I also think like some of you, that the people who had 911s hanging on their walls now have the disposable income to purchase their dream car. Stating in 1974 Porsche galvanized all their bodies which means the 74 and later cars don't have as much rust as the early cars. The lack of rust and the ability to swap in later engines and keep everything Porsche, keeps the prices up.   The pre 74 cars have the best lines, and maybe slightly more rust issues, but every part is availed for an air cooled car, which keeps demand up for them, and thus the prices are higher. 
 

I also agree with Woody that it has always been coupe, targa, and then cab for the air cooled cars. I find it interesting that I seem to see a lot more convertible 996-991 than coupes in those later years. 

kb58
kb58 UltraDork
7/30/23 7:05 p.m.
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????

911s, meh, how about rebuilt first-gen Ford Broncos going for $150-230K. 

parker
parker HalfDork
7/30/23 7:36 p.m.

RE: supply and demand.  There is plenty of supply. On any given day there are hundreds of 911s for sale.  It's not some ultra rare car.  I guess the demand is enormous.

Woody (Forum Supportum)
Woody (Forum Supportum) GRM+ Memberand MegaDork
7/30/23 8:22 p.m.

In reply to parker :

They're not rare, but they were never really plentiful either. There were enough of them out there  to create tangible interest, though.

Now, demand far exceeds supply. And prices are high, because they are very good sports cars.

BoxheadTim
BoxheadTim GRM+ Memberand MegaDork
7/30/23 8:26 p.m.

In reply to parker :

One thing we haven't touched upon - and  which is one of the reasons I think they are so desirable - is that it's one of the few really iconic 80s sports cars that you can still daily without too much of a compromise. Try that with a one of the other iconic poster cars from the 80s.

I think one of the reasons they're so in demand is that they're still one of the more affordable dream supercars for people of my generation. The prices for the others are even more stupid than 911s, and the 911 also has the kind of spares supply that makes them usable as a nice weather daily.

Woody (Forum Supportum)
Woody (Forum Supportum) GRM+ Memberand MegaDork
7/30/23 8:30 p.m.
octavious said:

I also agree with Woody that it has always been coupe, targa, and then cab for the air cooled cars. I find it interesting that I seem to see a lot more convertible 996-991 than coupes in those later years. 

Coupes are more expensive because those are the ones that people turn into race cars. Targas were always cheaper because they all leaked and would get nasty inside and underneath. Ratty Targas became engine donors.

You see proportionately more 996-991 Cabriolets because the car had become something different by that time. And proportionately fewer people are turning 996-991 coupes into race cars because the cars are so much more complex now.

parker
parker HalfDork
7/30/23 10:05 p.m.

In reply to Woody (Forum Supportum) :

I don't see demand far exceeding supply.  Do a quick search and you will find hundreds of 65-89 911's for sale.  There is plenty of supply.

NorseDave
NorseDave HalfDork
7/30/23 10:22 p.m.

964 variants were the unloved air-cooled model for a very long time, so lots of those got made into track rats which then got crashed, parted out, etc.  Add in the Singer effect and now a mostly-stock, unmolested 964 is a lot more rare than it used to be.  As a matter of scale, 964's going from $20k to $80k is no different from an E36 M3 going from $4k to $16k.  It just SEEMS like it's totally different.

Nathan JansenvanDoorn
Nathan JansenvanDoorn Dork
7/31/23 6:45 a.m.

In reply to parker :

And I would argue, plenty of demand. An oversupply would mean the prices would drop...

It seems generational. I remember the muscle car craze, and that's cooled off as the nostalgic buyers aged out of the market.  Buyers who had these cars on posters now have disposable income.

Air cooled 911s are awesome: relatively simple (if unusual mechanically). Reliable, great parts availability (sometimes expensive). Can be comfortably daily driven, and young kids fit well in the back.

docwyte
docwyte PowerDork
7/31/23 10:02 a.m.

Air cooled 911's are awesome but anything older than a 964 drives like a really old car.  I've driven a few SC's and always get out of them really underwhelmed.  They feel like a more powerful beetle, but with the same horrible ergonomics and hvac.  When I could get one for $10k I passed on it because of that, no way would I spend 4 times that now for the same experience.

frenchyd
frenchyd MegaDork
7/31/23 10:43 a.m.

In reply to docwyte :

I feel much the same way about various old cars.  Why spend all that money restoring a 4 door Ford Falcon?  ( or whatever car). 
 But I guess as long as someone is willing to buy one at that price, •••••

Tom1200
Tom1200 PowerDork
7/31/23 1:29 p.m.
docwyte said:

Air cooled 911's are awesome but anything older than a 964 drives like a really old car.  I've driven a few SC's and always get out of them really underwhelmed.  They feel like a more powerful beetle, but with the same horrible ergonomics and hvac.  When I could get one for $10k I passed on it because of that, no way would I spend 4 times that now for the same experience.

This encapsulates my dilemma. The only difference for me is that I prefer the more powerful beetle feel of the old cars over the newer one. The problem, for me, is don't prefer it enough to pay more than the price of newer 911.

I joked with a fellow PCA instructor after driving his 2019 911 " that car does everything perfectly, I can see why you race a 944"

aw614
aw614 HalfDork
7/31/23 2:05 p.m.
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 always thought the MK4 Supra hit its rock bottom price right before FnF, then it shot up in price and flat lined for the longest time in the 40k to 60k range, while other Japanese sports cars took longer to gain value...

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