x2. I remember when these could be had for around $5 K. But then of course I paid $500. for my first 356B back then, plus about another $150. to get it running right.Originally Posted by rower
x2. I remember when these could be had for around $5 K. But then of course I paid $500. for my first 356B back then, plus about another $150. to get it running right.
I remember when
• gas was $0.269/gallon
• new cars in the showroom had window cranks
• there were Renault dealers in the US
None of which has much to do with the current price of early 911s.
techweenie.com
My parts fetcher: 2016 Tesla S | Currently building: 73 RSR tribute and 69 RS tribute
Current prices for 911 are fine, just couldn't keep up with the Monterey inflated estimates of vendors/auction houses, but market remains strong and healthy, and I believe will continue if it is allowed to evolve naturally.
I thought the Monterey market was very steady. Nothing seemed to go down and nothing went up into the stupid category. Keep in mind the estimates are too often an incentive for the seller. If I'm running an auction I want my sellers to think I can get them the best price. It's the same as listing your house with a broker. People get wacky if you tell them to put a realistic price on the house. So you list it high and then come down during negotiations. Unless you live in San Francisco.
Richard
The houses inflated the market in an attempt to squeeze more money and their bluff was called.
A 20% haircut off of the original estimates might have attracted more buyers. Once they showed their cards with the high estimates all bets were off as there would be an unwillingness (the greed side of human nature) to back off as it might imply (market) weakness. It was a bad poker game.
©Tom
Last edited by sithot; 08-20-2014 at 05:17 PM.
True dat. But wasn't our high jack thread about original 356 Speedsters, if you don't mind.
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