03-31-2016, 03:43 PM
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#13 (permalink)
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Base Member
Join Date: Apr 2012
Location: London, Ontario
Age: 40
Posts: 83
Drives: 05 350Z, 11 370Z
Rep Power: 29
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Quote:
Originally Posted by Inspector71
Last year when I decided I should never have traded my 09 370 and must get another sports car (and was still fooling myself about what I really wanted), I took a look at used Porsche Caymans, Boxsters, and yes, 911s. Only a few Boxsters were in my price range but they were the 2000 to 2007 models, Caymans would have been a stretch, and only very old 911s were doable. I realized not only did I want a Z, but I could get a 2015 used Z, for way less with way more...so I did. Just for the heck of it, I looked at old Porsche 911s today. A friend had a nice 73 and I figured, being that old, they are going to be cheap for someone who wanted a project to work on. Boy was I wrong. A year or two ago, I could have bought 911s, 73 to say maybe 86 but now they have gone through the roof. What happened?
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It's just supply and command. There's a limited amount of previous generation 911's and that has driven the price up. Especially 964 and older air cooled models. Plus companies like singer buy them up to build their masterpieces. Your timeline at around 2 years ago is exactly when the market began to reflect this. The same goes for 90's Ferrari's with manual trans. Not that they needed any help being out of the average man's price range but now they're starting to see the same market spike. The good news is newer generations of 911's have started to come down a bit in price. 996's can be found from time to time under the $40k mark and even the odd 997 will dip below $50k in good condition with lower miles. The only issue to watch out for on non turbo models is the intermediate shaft nightmare.
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