If I had a lazy $600k...

[Bremith]

https://www.carsales.com.au/dealer/details/Porsche-911-2016/OAG-AD-13677295

[epilot]

how about this ?

http://duttongarage.com/Porsche-Carrera-2-7-LHD~12868

[mickc]

Or this ?

http://duttongarage.com/Porsche-911~13342

[Bremith]

Is that Polorots car?

[Bremith]

I'm still on the RS4.0

[reedminor]

https://www.carsales.com.au/dealer/d...AG-AD-13677295

To quote the castle:

"Tell him he's dreaming"

Will probably depreciate to 40% of that and then slowly start to increase again.

I can think of several cars I'd buy with that much.

And yes the red 65 is John's old one.... just a lovely little car.

[Bremith]

hmmm...40% depreciation on a RS4.0? you might be right Justin but I'm not so sure...I would think being the last of the 996/7 series and so rare (only 600 made I think) and with a genuinely unique spec they'll have a pretty good future. Altho, like all speculations, only time will tell. I'd buy one but only if it was my "lazy" $600k, not my only $600k.

Speaking of APPRECIATION though, unless I am mistaken I was negotiating to buy Polorots red car before Polorot (somewhere in 2008-10), I got the Kardex and everything - he had it advertised on Carsales at $50k (yes, $50k) and I offered him $35k and he got all cranky with me and knocked me back. THEN - unbeknownst to me - he readvertised it at $35k and pretty sure John paid less than that! Hindsight! Like the $42k full rally spec Metro 6R4 I just missed in 2012... what a noise that V6 made at 10,000+rpm...

[Bremith]

GT3RS4.0 $409k in 2011

[griffiths_r]

Surely we have no comprehension of what is going to happen to our car values (and all these future 'classics') when the market values an EV higher than a combustion engine for our daily drive?

Do they become more valuable or less?

[JulianG]

This Iso Grifo was for sale at Classic Throttle Shop for not much more from memory ...... all day every day

[9er]

Two houses in my neighbourhood.

[reedminor]

We got so few of them - but they did go down in other markets where they were more prevalent.

I really cant see the point in trying to predict what will go up and what wont. I bought my car because I love early Porsches end of story. Not because I saw a financial upside.

The fact that it has appreciated makes it easier for me to justify the money I have spent on it over the years.

The appreciation in the value of these cars in the last few years has been staggering.... I'm not sure I'll see escalation like this again in my lifetime.

The next question is - how much longer will we be able to enjoy them.... I'll stop now.... starting to sound fatalistic.... but I'll enjoy my drive back to Melbourne tomorrow.

JR

hmmm...40% depreciation on a RS4.0? you might be right Justin but I'm not so sure...I would think being the last of the 996/7 series and so rare (only 600 made I think) and with a genuinely unique spec they'll have a pretty good future. Altho, like all speculations, only time will tell. I'd buy one but only if it was my "lazy" $600k, not my only $600k.

Speaking of APPRECIATION though, unless I am mistaken I was negotiating to buy Polorots red car before Polorot (somewhere in 2008-10), I got the Kardex and everything - he had it advertised on Carsales at $50k (yes, $50k) and I offered him $35k and he got all cranky with me and knocked me back. THEN - unbeknownst to me - he readvertised it at $35k and pretty sure John paid less than that! Hindsight! Like the $42k full rally spec Metro 6R4 I just missed in 2012... what a noise that V6 made at 10,000+rpm...

[Bremith]

No argument here. It's all a crap shoot.

[Merv]

There is also Jackie Oliver's factory gift, 911S up this way that is rumoured to be 'buyable' for the same money.

[mickc]

Speaking of APPRECIATION though, unless I am mistaken I was negotiating to buy Polorots red car before Polorot (somewhere in 2008-10), I got the Kardex and everything - he had it advertised on Carsales at $50k (yes, $50k) and I offered him $35k and he got all cranky with me and knocked me back. THEN - unbeknownst to me - he readvertised it at $35k and pretty sure John paid less than that! Hindsight!..

50k, 35k, please don't say things like that!!