You Know 911 Prices are Insane When...

[thstone]

Originally Posted by Perfectlap

Okay, $12K for a rusted heap sans engine is starting to make sense now. Apparently late 60's is where the deep-pockets look.


1967 Porsche 911 Coupe offered for auction | Hemmings Motor News

auction estimate: $175,000 - $225,000 US




1967 Targa $150K asking
1967 Porsche 911 Targa for sale | Hemmings Motor News


Although this is still the king of Porsche ROI .

$3.6 million Porsche

Yes, its weird: late 60's 911's are insanely priced, yet a '73-'74 is $30K? Clearly, I do not understand the 911 market.

[shadrach74]

Originally Posted by thstone

Yes, its weird: late 60's 911's are insanely priced, yet a '73-'74 is $30K? Clearly, I do not understand the 911 market.

I think you'll find that the 1973.5 and earlier cars are priced well over the the 74+ cars when it comes to vintage 911s. The SWB cars of the 60s have gone into insane territory. I don't think it's justified. They've appreciated 500% in the last 12 years. I think Porsche's decision to phase out air cooled engines caused this insanity. For a long time every a new 911 was introduced, it was just a better more refined version of the last. Then we got the 996...

[Perfectlap]

Originally Posted by shadrach74

I think you'll find that the 1973.5 and earlier cars are priced well over the the 74+ cars when it comes to vintage 911s. The SWB cars of the 60s have gone into insane territory. I don't think it's justified. They've appreciated 500% in the last 12 years. I think Porsche's decision to phase out air cooled engines caused this insanity. For a long time every a new 911 was introduced, it was just a better more refined version of the last. Then we got the 996...

True but I think at the end o the day this is supply/demmand phenomena.
If Porsche sold 20-30K 993 and 964, rather than falling to barely ~2,500 in 98 for NA they'd be selling for a dime a dozen like the 996/997. Air-cooled or not. There simply are not that many buyers of secon-hand, out of warranty German cars.

I thought I heard Magnus Walker commenting that one fo the late 60's Carreras had turned out to be one of the most difficult for him to find. I'm guessing the rust issue has made an already limited supply ($$$$) even more ($$$$$$).