Hexagon...

[clubsport]

Quite honestly, I think the market has gone beyond which cars are best to drive etc..... The "cars" have been commoditised as such and we are now in the zone of speculative market forces.

These cars were bought and importantly USED by enthusiasts in the last 10-15 years and now we have a completely different kind of buyer.

Few cars are actually selling, mainly on rarity and often provenance, the remaining cars on the market have a value roughly interpolated from a recent sale.

Clearly historically low interest rates, diversification from the heady property & equity markets, the "tax position" of UK cars and emergence of demand from developing markets all play a part here. Lets not forget the emotional biases of those attracted by recent price action!

Values may run higher yet, but I really think the game has changed in the last year and it is no longer about the cars themselves.

Fascinated to see how this plays out, the conclusion will be obvious, it is just a question of when and from what dizzy height?
I may well be involved in the offer side myself in the summer! []

 

[vic cohen]

Faintly amused by all this, mainly 'cos i am not involved ............i do remember standing next to a well known continental dealer, we all know, outside Gatwick airport, buying back ,under some pressure, a yellow 964 rs with similar engine problem ,maybe 10years ago .........he agreed to pay the English seller , an elderly gent ,the same as he had bought for ,from him of course ,2 years and 10 000kms later.!..................turned out only the casings been replaced ................the seller was very worried about resale and wanted out .............all concerned happy ...........needless to say we were nt talking £100 +

Funny old world !

 

[carreraboy]

OK ... I think we have here a truly exceptional situation which does not reflect entirely with other modern Classic Cars.

Porsche did something like no other sports car maker did in 1997/98, as we all know they reinvented the 911 in every way other than the position of the engine. This immediately created the old and new school followers. As Hacki say, us Old middle aged old badgers grew up with the oily, air-cooled iconic 911 only to be suddenly having that dream shattered by the sell out to the mass market, particularly USA housewives the 911 we knew was gone and the Porsche accountants had won the day by a user friendly, fly by wire, soulless accessory fashion for any wood be property developer or Irish Dentist with a good private membership to the Local Golf Club.

This wonderful new market was conquered by Porsche attracting the new buyer, who had never heard of an air-cooled 911, except for maybe in some flashback advertising. The old school cynically abandoned in lure of the $£ ... a two tier market suddenly emerged like no other schism in a recognised marque. Old School suddenly took on a renaissance and often overlooked models in the old 911 range suddenly became more interesting. With no trading upwards for new cars, the old school cars suddenly became much more active, with various groups starting to share ownership and pass the word on their new found passion. Coincidentally Track Days were becoming popular the emergence of the 64/93RS and even 3,2 Clubsport emerged.

As I say this has not happened with any other Classic and I would consider a Micro market more or less on it's own. Yes the 64/93RS market in my World has it's own economic macro climate, fuelled by Old School, middle aged, die hard enthusiasts together with a huge younger European following. In relative terms, a good 964RS is only round new 991 money, which one would you rather drive[]

 

[Melv]

ORIGINAL: vic cohen

Mel u look particularly good on a DDK thread , under non porsche piccies , playing with aloud of shark noses ......its definitely U!

Yep, that's me on the left -those were the days! LOL!![]

 

[carreraboy]

Hexagon have a 964RS Carpet coming in one virgin owner factory delivery miles RHD Roman purple HK spec apparently but never made it there a forgotten Garage find ..... Bayswater .... rumour has it or already sold to HK?

 

[rs phil]

I see red rs up for £140 k now!!

 

[jason]

ORIGINAL: rs phil

I see red rs up for £140 k now!!

Hmmm think I need to reprice a certain RSR.

The parts alone would be worth more than that actual Red ones value!!

 

[PhilRS]

Good points regarding Porsche. But the trend generalises to other brands. Try to buy a DB5, a Daytona, a 246, or any other car with a "big personality." Also in the market of rarified cars it is worthwhile pointing out that rare Porsches are still considered "quite cheap." (Or the others way too expensive.

ORIGINAL: carreraboy

OK ... I think we have here a truly exceptional situation which does not reflect entirely with other modern Classic Cars.

Porsche did something like no other sports car maker did in 1997/98, as we all know they reinvented the 911 in every way other than the position of the engine. This immediately created the old and new school followers. As Hacki say, us Old middle aged old badgers grew up with the oily, air-cooled iconic 911 only to be suddenly having that dream shattered by the sell out to the mass market, particularly USA housewives the 911 we knew was gone and the Porsche accountants had won the day by a user friendly, fly by wire, soulless accessory fashion for any wood be property developer or Irish Dentist with a good private membership to the Local Golf Club.

This wonderful new market was conquered by Porsche attracting the new buyer, who had never heard of an air-cooled 911, except for maybe in some flashback advertising. The old school cynically abandoned in lure of the $£ ... a two tier market suddenly emerged like no other schism in a recognised marque. Old School suddenly took on a renaissance and often overlooked models in the old 911 range suddenly became more interesting. With no trading upwards for new cars, the old school cars suddenly became much more active, with various groups starting to share ownership and pass the word on their new found passion. Coincidentally Track Days were becoming popular the emergence of the 64/93RS and even 3,2 Clubsport emerged.

As I say this has not happened with any other Classic and I would consider a Micro market more or less on it's own. Yes the 64/93RS market in my World has it's own economic macro climate, fuelled by Old School, middle aged, die hard enthusiasts together with a huge younger European following. In relative terms, a good 964RS is only round new 991 money, which one would you rather drive[]

 

[jason]

ORIGINAL: PhilRS

Good points regarding Porsche. But the trend generalises to other brands. Try to buy a DB5, a Daytona, a 246, or any other car with a "big personality." Also in the market of rarified cars it is worthwhile pointing out that rare Porsches are still considered "quite cheap." (Or the others way too expensive.

True. The only difference is largely the very high comparative number of porsches made in the first place and still in existence compared to other marques.

 

[carreraboy]

In every guise the 964RS maybe topped 2,300 cars, still in the scheme of things very low volume for a mass car maker. Were there 1,500 2,7RS ?

The Porsche the most useable without any doubt and best made, so you can drive them too, that to me is why these cars are still underrated and have a long way to go as the word is now truly out ..... []

 

[turbo jonny]

1407 3.6 turbos worldwide , of which there are less than 150 RHD . Strange to see the worst examples coming to market now
And still being snapped up ..

 

[RSR]

ORIGINAL: carreraboy

In every guise the 964RS maybe topped 2,300 cars, still in the scheme of things very low volume for a mass car maker. Were there 1,500 2,7RS ?

The Porsche the most useable without any doubt and best made, so you can drive them too, that to me is why these cars are still underrated and have a long way to go as the word is now truly out ..... []

As philrs said in relative terms porsche are generally at the cheaper end. 1300 x F40s versus say a couple of hundred 993 GT2s. F40 definitely leading the way on price. The models of RS porsche in question here are relatively small numbers made. Porsche banged out 30,000 911s last year!