kwando Posted 16January, 2013 Report Share Posted 16January, 2013 Hi Everyone, I'm after some thoughts on where people will think prices of early (63-73) 911's will be in the say, the next 5 years. These are definitely my dream cars, especially the 911S and 911E from 1969 onwards, and I think with some careful budgeting I may be able to pick up a restore project within that timeframe. There are some examples of 911's from that era on carsales for around the $30k mark, although many are T's. Do we think the prices will rise significantly in the next few years? Cheers, Sean Link to comment Share on other sites More sharing options...
Uncle Posted 16January, 2013 Report Share Posted 16January, 2013 I am betting on a steady price rise in all oil cooled cars. Early cars are the in thing right now like "C2" updates were a must have not that long ago. You might see the price steady a little if impact bumpers become the next voge item. Link to comment Share on other sites More sharing options...
hugh Posted 16January, 2013 Report Share Posted 16January, 2013 Hi Sean, Welcome to the forum................... Short answer, yes. Longer answer, these cars have only been increasing in value over the past 5-10 years and see no reason for that to cease. There are a few keen investors on this forum that may be able to proivde further insite but I dont think you will find values going south - good ones are already hard to find and fetching big $$$. 30k bangers on carsales look may look ok in the pictures, but on closer inspection are in need of major work. I too am on the hunt for a good '901' (within a budget) and will say that not much worthwhile changes hands for under 50k currently (most of these may have been a 30k car 5 years ago...............) Nothing wrong with a good 'T' either! Cheers, Hugh. Link to comment Share on other sites More sharing options...
hugh Posted 16January, 2013 Report Share Posted 16January, 2013 I am betting on a steady price rise in all oil cooled cars. Early cars are the in thing right now like "C2" updates were a must have not that long ago. You might see the price steady a little if impact bumpers become the next voge item. agree, impact bumpers have been fetching good prices recently - seems a trend that will continue. Link to comment Share on other sites More sharing options...
kwando Posted 16January, 2013 Author Report Share Posted 16January, 2013 Thanks for the responses guys. I figured as much regarding the prices steadily increasing. Regarding the $30k jobs on carsales, a lot of them have the 3.0L put in. This to me makes them less desirable but could be an explanation as to the reduced prices no? Kms are pretty high too. Do you think it's better to spend $30k, and have the car to work on sooner, or to wait until you could afford a better condition $50k 911? That would be my main dilemma. Having it sooner vs having a better conditioned one (and more likely to save money in the long run) later. Link to comment Share on other sites More sharing options...
hugh Posted 16January, 2013 Report Share Posted 16January, 2013 It really depends on what you are after? Do you want an original car to restore as an investment or something that you can have a bit more freedom with or customise? Generally speaking there is not real cheap option, either way in the long term you will spend similar money - its just the end result that will decide the initial investment. For example, another forum member just recently sold a 912 for around 20k, great car for the money and something that could be alot of fun to modify................. Link to comment Share on other sites More sharing options...
kwando Posted 16January, 2013 Author Report Share Posted 16January, 2013 At this stage I think I'd like a weekend driver. Maybe take it down to a track every once in a blue moon... I think if I got my hands on an early 911 I'd want to do a restore job and keep it nice and beautiful. 930's, 964's and 993's I'd probably want to have some fun in. Currently, the entry level prices for the above models are around $50k from observation. The 912 is a pretty car, but, I dunno, I don't think anything but a 911 would satiate my thirst right now. Link to comment Share on other sites More sharing options...
D-banger Posted 16January, 2013 Report Share Posted 16January, 2013 Hi kwando, Welcome to the forum. I think that like anything collectible, that over time, prices will rise gradually. It does depend on the economic conditions, given that these cars are a discretionary spend. As these cars get older individual conditon will vary further and so will the prices. Final word: For much older cars the money you don't pay when purchasing is money/time that you later pay to get the car right D Link to comment Share on other sites More sharing options...
wasserkuhl Posted 16January, 2013 Report Share Posted 16January, 2013 Hi Sean, I agree with everything said above. Original , numbers matching early 911's (1964-1973) will bring a premium over some later cars as they are becoming rarer and the rst of the world has realised that "they don't make them anymore" Sadly as time passed alot of these cars were 'up-dated' with later engines and bodywork, so finding a numbers matching car with the correct engine and gearbox is getting difficult and/or expensive. If you are looking for an investment then its best to look at a Porsche purchase like this; You are buying it for fun and as a life-goal(possibly). # 1 Rule is Narrow down what you want; Original and perfect, Original and not perfect, Hot Rodded Up Dated, Race Car etc etc... # 2 Rule Look at as many as you can. You start to Learn about the cars and then you start to have questions. # 3 Ask questions to experts you know and Trust(Not some dodgy internet forum ) # 4 Buy a car on condition, condition and condition. Some cars are sheds and have been treated like shite and it shows. Other cars have been cherished and this too shows...... # 5 Buy a car that 'speaks to you'. Buy a car that when you first drive it, if just feels 'right'. # 6 You will spend lots of money on a Porsche, whether its up front or during your ownership, don't take the cheap option, because dear boy, you get what you pay for But yes, you can expect all 911's Pre 1997 to hold their value if treated well and maintained correctly. Old Porsches, if treated well, will treat you well when you come to sell them. Yes early 911's are rising in price overseas because they have far more enthusiast buyers/collectors to push the prices up. Down here, we have alot less to play with. Of the early cars there is only one or two for sale at the moment that I would look at. The others are modified for a specific purpose. Link to comment Share on other sites More sharing options...
kwando Posted 16January, 2013 Author Report Share Posted 16January, 2013 Thankyou for the very detailed responses gentleman. Buying a porsche is definitely a life goal for me so I'm willing to be patient and wait until the right one comes along. Your points have given me a great deal to ponder on Wasser. Cheers. Link to comment Share on other sites More sharing options...
matara Posted 17January, 2013 Report Share Posted 17January, 2013 What are everyone's thoughts on 356 prices? I have a matching numbers Aust delivery car I bought cheap 10 years ago, and I have a LHD shell I bought last year and have collected most parts to put it back together. I really fancy an early 911 instead as it would be more practical on a daily basis. Cheers Steve Link to comment Share on other sites More sharing options...
Uncle Posted 17January, 2013 Report Share Posted 17January, 2013 I'd say your on a winner either way Steve. I've never met anyone who has not got a soft spot for a 356. Hell even people who are not "car people" like them. Link to comment Share on other sites More sharing options...
wasserkuhl Posted 18January, 2013 Report Share Posted 18January, 2013 What are everyone's thoughts on 356 prices? I have a matching numbers Aust delivery car I bought cheap 10 years ago, and I have a LHD shell I bought last year and have collected most parts to put it back together. I really fancy an early 911 instead as it would be more practical on a daily basis. Cheers Steve 356 Prices are on a gentle Rise. Matching numbers RHD cars in australia are pulling very good money. 356's seem to evoke alot of emotion due to their exclusivity, character and simple technology. I know of a recent incident where a 356 C model was sitting in a specialists showroom, a guy driving past saw it, turned around and walked in and offerred $100k for it. It happened and the guy was genuine.............However this is an extreme case. There is a very nice 356SC for sale at the moment in the 80's which I would cite as a very reasonable price start point for a minter. Open top cars start at 100k and go north. Speedsters are still big dollars, however I think they have seen their global peak. Steve, it does depend on the model though. The 356 C Models were the best drivers and still can be driven daily in modern traffic. The only problem you have is wherever you stop, people want to talk and take photos! A and B models seem to languish in a wide price range due to condition, provenance and model. A Models are in a strange market as they are quite old but do look marvellous. B T5 & T6 bodied cars seem to be the most messed with models as it is hard to find one that is both original and matching numbers. It is very rare that when you show people a picture of any 356 that they react with anything other than admiration though! I am always interested in original, with patina, matching numbers Porsches in general. Survivor cars are proving to be of great interest gloablly as "They are only original once". If you want you can post/pm me with the detail of the matching numbers car and I can give you a very 'loose' range of value. I may even be interested in it myself! Link to comment Share on other sites More sharing options...
SteamWolf Posted 20January, 2013 Report Share Posted 20January, 2013 I'd also suggest that those of us that are now heading into our middle age have enough income to afford the cars that were the shizzle when we were 10 years old and impressionable. For me that's the early 80's. Link to comment Share on other sites More sharing options...
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