Nice ad. Where's the balloons and llamas? I did like the lame attempt to make it pertinent to the thread :p
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Nice ad. Where's the balloons and llamas? I did like the lame attempt to make it pertinent to the thread :p
Man, everyone on this site seems really tightly wound of late. Between talk of black Audis, flippers and skyrocketing prices for cars and parts, things feel markedly tense around here. It's summer; time to relax and drive.
Cheers.
Yeah,
Micheal the first post in the this thread was a cheap shot at Exec., who has already been raked over the coals. I view your comment with the same intent. :(
Daron:Quote:
Originally Posted by NiceT
I guess that your comment about the value to the new owner shouldn't surprise me. But, I think that for many of the people on this board, we don't have plans to sell our favorite Porsche. I don't know the numbers, but I wonder how many of the members have only 1 Porsche?
It kinda reminds me of my wife buying me an antique gold pocket watch for our 30th anniversary. She wanted to have it engraved, and asked the dealer whether it would affect the value. He responded, "When do you plan on selling it?"
The same is true for Kermit. The current value is a curiosity, and for replacement insurance purposes. I have no plans to sell.
larry
MICHEAL,
In Your Case It Is Better To Have People Think That Youre A Moron Then For You To Make Statements That Prove It..
Your Mother Should Take You By The Ear And Force You To Read The First Post On This Thread Regarding The Subject of Current 911 Values..
The Post Makes A Direct Reference To My Car And The Prices That They Think The Car Was Bought And Sold For..
I Am Trying To Set The Record Straight On What Really Happened And Why..
The Car Did Not Meet My Reserve At $32,000 And I Have Been Offered More Then This Amount In Writing..
That Is Why My Response Is Pertinent...
Now Go To Your Room!
Yeh - this stuff really makes me want to continue my membership...
How do you view the first post as a cheap shot at Exec. I was just using the example that a car was bought thru Auto Trader for $12,000 then sold(well not sold,but had offers of over $30,000 actual bids)on Ebay, would Bruce Anderson only count the Auto Trader deal and not an auction transaction or any auction transactions,just because he meaning Bruce may think that auctions are driven by so many other factors,than just the value of the car itself. The reason this thread was started,there was some Bruce bashing a few years ago in this registry about the values of the 67-73 911S in Excellance most if not all members felt he under valued our cars,it was such a big deal that Bruce even gave a reply to all the complaining in the following issue of Excellance(rare thing to happen).Bruce stated that his data was correct and stood by his values,but did say that if a car sells and he doesn't know about it he can't count it(some people don't like to say what they pay especially at the high end),he also said that there were some cars that are restored beyond excellent or in pristine totally original condition and that these cars are worth more,but also that these cars are very rare so he basically didn't count them in his survey.So I was trying say that maybe now with the rising prices people are getting for there cars be it T,E,or S ,that Bruces price values will refect this skyrocketing.Now for those of you who already own an early car this will be great and for those that don't this will be bad. Oh and the 1972S,is the best ;)Quote:
Originally Posted by fryardds
I did miss that reference in the first post Exec. I apologize for my "pertinent" remark. :o :o I'm usually more thorough. I think I was tired of reading the retread of that particular car and your explanations. After re-reading his post, I don't think he was taking a cheap shot at you though. I can understand if your nerves are a bit raw.
Two years ago I felt the same frustration as others are feeling now when I was looking for a car. I had almost given up on a S and had started looking at Es and Ts when I bought my 70S. People thought I was a nut for buying it at $16k with questionable history and in storage since 85. I got extremely lucky and I'll admit on one hand I'm glad prices are rising but, the feelings I had are still vivid in my memory. I'll bet no one now thinks I paid too much. I sure don't. I can throw 20k at this car and sleep well at night. Not that I care cause this one is the only one I really want.
Having the passion but, not quite the means is tough. Some can just write a check for exactly what they want and that's OK in my book. Most of them earned that right through hard work. I would rather build my own car for the sense of accomplishment. (OK, I'll admit I'm a picky, anal bastard) I've seen cars I passed on for sale for more than double the asking price in the last two years. Good for sellers, tough to stomach for buyers.
There has been an unreasonable jump in prices lately due to the economy and a misguided notion that there are so few good examples of these cars out there. This is causing a frenzy especially in the early cars as they are the current fad for some. There are those who are taking advantage of that. That's capitalism and I'm all for that. What I strongy oppose is market manipulation by key players, collectors, whatever for their own purposes. Just because a car was once owned by a "someone" (other than a true Porsche legend) does not make it more valuable in my eyes. The collector "needs" to have the best or the most and he will do whatever it takes to make that goal. Previously owned cars get hyped which drives prices up so that collectors can make more on cars they decide to sell so that they can buy better examples. Yes, they are paying a bit more on the better examples do to the rise in prices but, not in the same ratio as what they paid for the "fillers".
Hope we are square Exec. I do stand by my "llamas and ballons". :D
I easily admit when I am in the wrong. I'm not one to be easily shut down and if you are going to quote Twain it should be done properly ;)
"There has been an unreasonable jump in prices lately due to the economy and a misguided notion that there are so few good examples of these cars out there."
This where I am concerned. I do NOT see the car as an investment. I know enough to understand that to do so is a bad play. I just wonder if I am better to wait and see if the market cools before I buy a T at level that frankly, just a few years ago bought a solid driver S.
I know only I can decide this, but being where I am at, it sure is difficult to know just how many good cars actually do exist, and whether the current frenzy is warranted.
It is a strange time to be in the market for an early car as the prices seem to be all over the board...
Gymmoe and Michael,
I am glad I was wrong in my interpretation of your comments. I was beginning to be to think this place was turning into a not so nice place to hang out.