I think Hagerty is really, really close with his numbers. I have never owned a #1 car, mine are usually #2's (+or-) and I drive them as much as I can (2 times a week minimum). After reading this thread I called up my insurance broker (LeLand West) and upped my value on both of my cars ('71 911T Targa, '70 914-6). I had my '71T at $52,000 and upped it to $65,000 no problem ( I know that is a real number because I have offers). Now my 914-6 I got a real deal on this one (not telling) upped it to $60,000 no problem. Comment from Leland West, you have very nice looking cars! My annual premium for both cars is $625.00. Here is what they look like:
Mike Fitton # 2071
2018 911S Carrera White
2012 991 Platinum Silver ( Gone)
1971 911T Targa Bahia Red (Gone to France)
1995 911 Carrera Polar Silver (Gone)
No Affiliation with City of Chicago!
Very nice cars and I think your a td short, since eve3ru day they keep going up, beautiful cars though, love the 6
San
53 Pre A, 65 356
70 914/6 GT
65 912, 67 911
71 911 Targa,72 E Tara, 73 911 Targa
70 911 S,71 911 S,70 911 T,
71 911 T, 72 911 E ,73 911 T
74 911 Coupe
74 911 Targa
1972 RennSport Bus
Early Reg # 771
Great looking "6" Mike.
Why ? Of all of them I'd think the T are the least crazily priced. I imagine your car isn't a condition 1, maybe not even what they call a 2... Seems "alright" to me (I too have a 72T) given the costs of a resto and paint job, it's actually in the ballpark. Versus a $200K+ S anyway... ;-)
Last edited by Greg D.; 09-03-2014 at 10:12 AM.
Greg.
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72 911T - 73 2002
#1461
It seems like a lot of really nice longhoods have been put on the market this year. These sales could be skewing the market upward. It could also be the world recognizing the value of the early 911s.
A lot of us are getting to the senior years, and when a much loved possession is suddenly worth a significant amount of money, it tends to " focus the mind" , as someone once said.
I for one never expected to see my Porsches valued at this level. So the decision is: is it a bubble, or are the values shifted permanently upward?
Bill Conway, Early S Registry member #254
1970 S, 2.2L Silvermetallic Coupe
1973 T, 3.2L Black Carrera Targa
1969 T, 2.4L Silvermetallic Targa
If most people thought it was a bubble, they'd all just sell now and buy back when the prices plummet (assuming they were still in love with 911s). Who wouldn't take the opportunity to sell a '73S for 300 grand and then buy an RS for the same price when the market collapses ?
Not seeing that right now. Most owners are standing pat, given how few of the thousands of early cars made are actually trading on an annual basis.
Ravi
Early 911S Registry # 2395
1973 Porsche 911S in ivory white 5sp MT
2015 Porsche Macan S in agate grey 7sp PDK
Not that simple. Yes, If most people thought it was a bubble, there would end the bubble. I agree most do not think it is, but only time will reveal the truth.
Bill Conway, Early S Registry member #254
1970 S, 2.2L Silvermetallic Coupe
1973 T, 3.2L Black Carrera Targa
1969 T, 2.4L Silvermetallic Targa
Please, no offense meant, but there is a difference between the truth, and the results of a poll. One can lose sight of that in today's world, all too easily.
Bill Conway, Early S Registry member #254
1970 S, 2.2L Silvermetallic Coupe
1973 T, 3.2L Black Carrera Targa
1969 T, 2.4L Silvermetallic Targa
Moderator. Please move this thread to the philosophy section or at worst the economics section.