How much is a early 911 really worth??????

[boxster03]

how much ? so much that you dare not drive um ! break out the dusting clothe and crack open the beer and get ready to do the walk around

[brookedale091462]

how much ? so much that you dare not drive um ! break out the dusting clothe and crack open the beer and get ready to do the walk around

Not me, my 67S will be my daily driver once I place all the parts in storage boxes back on the car.

[boxster03]

even on snow covered salted roads ?

[brookedale091462]

Not where I live-no snow and no salt

[CobraR1339]

Anything is only worth what someone is willing to pay for it at a specified time.

In my area a 1.3mil home that sold for that price sold for 625k in early 2009. No one ever lived in it, 3 previous brokers made money, the last guy got foreclosed on.

With the price of parts these days you would think Porsche only built 600 cars a year. Some Ferrari stuff is at par or less than some 911 asking prices right now. Just current supply and demand I suppose. None of this stuff is all that expensive to make in any quantity. The resto kings of muscle car will soon come aboard to reduce margins for the parts sellers. These cars were going for less than half 5 years ago . Once that happens the prices will be more stable or drop some IMO. Saw it with muscle cars many times over.

[Eminence Gris]

Anything is only worth what someone is willing to pay for it at a specified time.

In my area a 1.3mil home that sold for that price sold for 625k in early 2009. No one ever lived in it, 3 previous brokers made money, the last guy got foreclosed on.

With the price of parts these days you would think Porsche only built 600 cars a year. Some Ferrari stuff is at par or less than some 911 asking prices right now. Just current supply and demand I suppose. None of this stuff is all that expensive to make in any quantity. The resto kings of muscle car will soon come aboard to reduce margins for the parts sellers. These cars were going for less than half 5 years ago . Once that happens the prices will be more stable or drop some IMO. Saw it with muscle cars many times over.

This is a very logical summary.

However, if the market were logical, then the market landscape would look very different. In the muscle car category, there was a big surge of old guys paying big money for cars they wanted when they had hair and flat bellies. And you know, a big chunk of them were trying to bring back their former selves.

[Barwaut]

I recall a conversation around 1995, Bruce saying he didn't own a Porsche at that time, or his wife did but he didn't something like that. Anyway, he said when asked what Porsche car would he recommend, he replied the newest, lowest mileage one you could put in your driveway. He seemed, in my opinion, very "practical".

That was his problem, he didn't 'see' the values.
Just regarded them as 'old' cars...

[brookedale091462]

Anything is only worth what someone is willing to pay for it at a specified time.

In my area a 1.3mil home that sold for that price sold for 625k in early 2009. No one ever lived in it, 3 previous brokers made money, the last guy got foreclosed on.

With the price of parts these days you would think Porsche only built 600 cars a year. Some Ferrari stuff is at par or less than some 911 asking prices right now. Just current supply and demand I suppose. None of this stuff is all that expensive to make in any quantity. The resto kings of muscle car will soon come aboard to reduce margins for the parts sellers. These cars were going for less than half 5 years ago . Once that happens the prices will be more stable or drop some IMO. Saw it with muscle cars many times over.

You make some very well thought out points regarding prices. However there are a few differences regarding early 911's vs muscle cars.
First; The numbers produced. Most muscle cars were a high volume commodity. A Mopar with a 318 or 340 produced in huge numbers was trading as if it was a 440 six pack. Even the Mustang was so prolific that very few were ever considered collectible by entities such as Sports Car Market. The argument FOR Porsches starts with reasonably low production between 1964 and 1973.
Second, Maintenance is fairly cheap and parts are available. Although major parts have risen dramatically, it is isn't as if we are all needing new carbs and exhaust manifolds every year and there is no requirement that we strip our cars and repaint them when they can be driven as is.
Third, usability. Sports Car Market did an excellent article a few years back about how cars after the mid 1960's can be driven at todays freeway speeds and brake reasonably well while cars from the previous decade do not hold up as well. The Porsche 911 from 1965-1973 can go anywhere a modern car can go.
In summary, The 911 may fall by a third (33%) from its recent highs but it will hold up better than almost anything else.
I'd like to end with an anecdote from another collector. In 2012 I was considering buying his 1961 300SL. I asked him why he was selling because he was a wealthy guy who did not need the money. His answer was; "Its more fun to drive an early 911 and they cost a fraction of a 300SL".