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It will work out very well. Keep in mind that 40 years ago houses cost $10K. We are living in an age of inflation -- take off the blinders. There is a nice Karman Ghia (ugly orange) near my house. I see it a lot sitting in a garage all the time hooked up to a battery charger. What do you think that car would sell for these days??? $10K? What do you think it cost new? Maybe $2K? There is no question that the 986 will be collectible 30 years down the road. No question at all. It has everything that the Karman Ghia has and more. Don't forget 30 years from now, there will be far fewer 986s available. By then most (like mine) will be long gone... |
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Agree on this. How's your other "collectible" car working out so far? Happy to see your still posting here. |
Mike, you failed to take into account time, and have assumed collector car markets today will act the same as they did 30 years ago. There are many variables you have not taken into account that could make them more collectible or less collectible. One cannot always predict the future simply by looking at the past.
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LOL - My blinders are off :D Inflation is a completely different animal than what was implied as an increase in "value" all for having a "good" one, which one hopes will reach collectible status and be in demand. Point was more directed at it being a less than stellar move to have spent $50k ten years ago hoping to turn it into ONLY $100k 20-30 years from now (even if you exclude the other sunk costs of storage, maintenance, insurance, etc. for 20-30 years). Or to use your example... Suppose you took your $2k back in the late 1950s and instead invested it. How excited would you be to have $10k from it today (again even excluding sunk costs for storage, maintenance, insurance, etc. for 50+ years). Ready to retire? ;) In all sincerity, there's one truth and that is 100% of cars are depreciating assets. A very very very very rare few after depreciating in value may end up being be "worth" something, some day, somewhere. However, there are way too many countless outside influences which will cause most everyone who wants to make this bet lose $ in the long haul as opposed to making it. This is especially true if hedging w/ just one model vehicle let alone one with high production #s. As I said before, until then I'll take either Boxster to drive and enjoy as often as I can and not worry about what it might sell for, for someone else a long time from now. :) |
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We agree Burg. No worries. Cars are always a depreciating asset (about the only thing worse is a boat!). Boxster as an investment? Ummmm, no. I didn't mean to imply that. Just that it will take more dollars 40 years from now to buy a car (any car) because of constant inflation. |
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I think the world may look very very different in 40 years. I wonder if gasoline will be readily available and inexpensive. If it's not -- say because we've moved onto other fuels -- would you choose to keep a 'retro' automobile? Maybe any gasoline car will be prohibitively expensive in time, effort and cost. Heck, it wouldn't surprise me if they were "illegal" because of environmental issues (like lead paint). If you were going to keep a "retro" car in a world like this -- what type of car would you want to keep? Maybe a mid-engine, convertible Porsche? That might be on my list to consider... |
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believe it or not, the owner of the 987 thought my 1998 was the newer model... sorry about the offenCe :)
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Agreed about the Hitachi emissions carbs. They actually weren't that bad when they were set up right, but not many knew how to do it, most notably most Datsun Dealers. Kinda like the early Bosch Jetronic, if eveything wasn't absolutely perfect, they no workey. Surprised you didn't swap them out, no one had emissions testing back then. Cheers! |
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Anyway, I agree re the 986. It's the much purer, lither design. The 987 is over styled and fussy by comparison. Personally, I think the 986/996 front end will eventually be recognised as a very clever reinterpretation of the Porsche design vibe. It's growing old very, very gracefully (except the facelift 986, which I never really really liked and is looking increasingly tacky). An early 986 S complete with orange indicators will be the model to have 20 years from now, I reckon. |
I like them both, but I don't see many 97-99's around my area. Most are 00 on up.
I got mine to drive not to collect, but I did dress it up so as not to look like every other silver Boxster out there. Traditionalists may not like it but most people do, and I just hit 97k! A friend of mine just got a new BoxsterS and as long as it starts they love it (keeps draining the battery). I'm either going to get a Cayman, a 993 or a 997c4 when I 'add' to the family. They are all nice IMO! Chris http://i155.photobucket.com/albums/s...r/boxster3.jpg |
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986: http://www.autointell.com/sports_cars/porsche/porsche-boxster/Muf794l3.jpg 987: http://static.howstuffworks.com/gif/vehicle-pictures/2009/porsche/boxster/6052-125-convertible-overhead-view-480.jpg http://www.seriouswheels.com/pics-2005/2005-Studio-Torino-RK-Spyder-Top-1920x1440.jpg 997: http://2.bp.blogspot.com/_71VYESfu88A/S7vjWAgE1UI/AAAAAAAAEGU/l6DPyli-37w/s1600/6319-117-overhead-480.jpg The Carrera GT barely has rear flares and none in front: http://i63.photobucket.com/albums/h1...era-gt-top.jpg But the 918 concept definitely does. http://img.wallpaperstock.net:81/porsche-918-top-view-wallpapers_17732_1920x1440.jpg |
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Ken |
have any of you heard of the rule of 72?
Rule of 72 is that you divide 72 by the percent of return and that's how long it takes to double our money. IE 6% return would take you 12 years to double your money. So lets say you invest $15K @12 years its $30K @24 years its $60K @36 years its $120K Ken |
986 'more aggressive'?
"Today I parked my white 1998 boxster next to a similar white 2009 987...
more agressive lines, lower, so much sleeker, sexier... the 986, of course" edbelton Aesthetic preferences are personal, of course, but I think the word 'aggressive' could be more objectively applied to the 987. Aggressive should be applied primarily to cars that look fast. Wider and thinner tires do look fast and increase the size of the 'shoulders' and 'hips' of the car. This makes the 987 less smooth and rounded, but more muscular - definitely more aggressive looking. The taller, tapered side vent looks more like supercars that are really fast; the little round one of the 986 looks like a throwback to some slower time. The vent is more angular; sharp edges look more aggressive than rounded ones and this has been the design trend for the last ten years. So yes the 987 looks more modern than classic. The line of the front & rear bumpers below the plates where it turns under is smooth on the 986 but has a definite crease on the 987 - muscle car looking if you must - but aggressive. "I must say there is not a single point of the 986 I preferred...986 headlights looking "more Porsche" I have to roll on the floor laughing." says Kurt the Quick, and for once we agree. The first thing that distinguished the two models for me was the vent, the second was the squatty L-shaped headlights of the 986. For aesthetics the 986 lost me right there. They are - I hope strong language won't get me kicked off the list - UGLY. They mess up the beautiful clean lines of the hood and fenders typical of all new Porsches - a real mistake. |
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http://pictures.topspeed.com/IMG/cro...11_1024x0w.jpg Now look at the 987. Just inside the headlight unit, it's all very busy/messy/clumsy where the fender, hood, bumper intersect (I'm particularly talking about the awkward looking slither of fender that extends down to meet the bumper): http://pictures.topspeed.com/IMG/cro...6-8_800x0w.jpg I do agree that the 987 looks more "aggressive". But for my money the 986 is so much cleaner, lither and prettier - it's a clever update of what it is to be Porsche. The 987 is relatively unsubtle. That said, I do very much like the rear end of the new gen 2 987: http://pictures.topspeed.com/IMG/cro...-8_1024x0w.jpg My perfect Box would probably be front 3/4 of the 986 with the 987.2 rear 1/4. Actually my perfect Box is the original concept: http://i73.photobucket.com/albums/i2...t/IMG_2219.jpg http://thegarageblog.com/garage/wp-c...um-opening.jpg http://i73.photobucket.com/albums/i2...t/IMG_2220.jpg Stunning. Shame neither the 986 nor the 987 is as pretty. But the 986 comes a lot closer. |
Cool pics! always love seeing that original concept boxster...
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