The 'Maverick' Classic Porsche Forum and Classic Porsche Club for Porsche 356, Aircooled Porsche 911, Porsche 912, Porsche 914 & Porsche Replicas. 'We join for the cars but stay for the people'
Paul
That is really interesting. I nearly bought a Daytona about a year ago. At that stage ISTR prices a fair bit higher than your 85k: I'd have snapped that one up!!!
At the moment Daytona prices seem to be all over the place. I spoke to a dealer a while ago who said he wouldn't write a cheque for more than 120-140 for a good car, yet Coys got 202k (excluding premium..etc) on a plexiglass in January and the Gstaad Bonhams sale had 2 cars: A nicely rstored car that went for £180k and a slightly tired one that went for about 130k. I have a feeling Daytona prices may end up stagnating for a while to come. The styling isn't for everyone and they're not really a great drive unless you're hammering down a big open road at 100+
Personally love them though. Passed a rather nice blue one heading down to Goodwood this morning as I was driving home
Agree completely, the cost and relative paucity of truly impressive pieces of machinery in current production (below a couple of hundred thousand quid for 599's etc), encourages people to look back in time for inspiration.
But why are classic prices forging ahead and why are they going to stay pretty firm? Well I'm no economist or social scientist but a lot of factors just seem to say the market for good stuff is on a firm footing
-proliferation of events in which we can use classics
-relative lack of leverage in the system compared to the 80's (people are paying cash for classics, not doing a Brocket)
-demographics: forgive me for the assumption but most of us are probably in our forties, these things are indulgences and a passion- perhaps things we aspired to but couldn't afford years ago (my own case)-so we are pretty sticky owners of them
-relative to other "art forms", the rarest of cars are still pretty cheap. There were a few huge modern art sales late last year and the general feeling was the glut would be bad for the market, it wasn't and prices pressed on again
-also, I think there is a bit of a general resurgence of love for the 70's out there too whether cars, watches, guitars etc - its the next decade to be embraced now that everything made in the 60's is fully valued
-so many events are '66 or prior but Tour Auto and many more events now cover the early to mid 70's, so the RS, Daytona, Stratos etc are all finding their place also
Anyway, completely pointless ramble, but thats why, in part, I think these beautiful cars have limited downside.
An old school friend runs this place - he gets some really nice stuff going through and being 'oop North', perhaps it's a bit cheaper than places in the London area.
He had the Daytona and some other temptations but not had an RS through yet.
Just for perspective, I bought a £15K Renault Clio cup last weekend. Never had so much fun. In a car. I could have bought 17 of them for the prices you're talking about here. Is this thread about driving or investment? I can't believe the colour of the shock absorber casing makes much difference to the former!
fryardds wrote: It looks to me that the RS doesn't have the tunnel reinforcement modification. Do you guys agree with this?
This car most certainly has the strengthening mod over the tunnel, you can clearly see the plate as it angles back in towards the center line where it joins the tub.
cheers, Mike.
previously..
1994 968 Club Sport Riviera Blue
1994 993 C2 Carrera Riviera Blue
1972 911S to Martini RSR Prototype Spec
1973 911E to RS Lightweight Specification
1981 924 Carrera GT ex Mexborough car
3.2 Carrera Sport x2
You are right in some ways - I have more 'pure driving pleasure' in my Caterham. Its quicker, handles better, brakes better and is more direct than any other car I've ever driven. But there is more to it than that, and not just investment value. Pride in owning an excellent original example of something, sense of history...etc
You could make the same argument about any collectables. Some people might find looking at a print of a Piccasso as pleasureable as looking at the real thing. I think you're missing the point somewhat
Get real guys, we're talking about the colour of the shock absorber cover. What is the ideal bump and rebound anyway - for resale value that is, given that we never actually drive them!
Perhaps the general theme of the thread ( re last couple of pages ) is coming down to .........."wanting is better than having!".. certainly a lot of the pleasure I get out of a car is the research that's carried out prior to purchase !... and as a client of mine reminded me earlier this week...... "be careful what you wish for because one day you might get it !" ........ after all what are we all going to talk about when Steve finally gets his RS ?!
Good for you - I did the same route in the Clio! And I drove a 2.4S to the seaside yesterday with - would you believe - yellow Bilsteins on the front and green on the back, just like all my racecars. I have no idea whether it's orginal spec or not, but it seems to work!
one-two wrote:Ian_uk - why do you say that there is a bigger difference between the RS and the S than between the S and the T and E? I thought it was just 20bhp and some silly stickers and unsightly arches, but maybe you know differently?
1974 911 Carrera 2.7 MFI LHD (sold)
1991 Audi Coupe 2.3 20V
Forgive me for maybe spoiling the fun side of this but it is normally , whatever that means , Green front yellow rear hence my surprise ...... 'cos they were designed to work like that .............not saying u shud nt try something new , but no expense spared was the message .
