Aug 29, 2007 6:18:06 PM
Aug 29, 2007 7:24:44 PM
Aug 29, 2007 8:37:22 PM
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MKW said:
Like with all collectibles , ask us in about 30-35 years , when today's 12- 15 y/o s just discovering today's hottest sports cars reach their prime earnings years combined with mid-life crisis and want items that recapture their carefree youth . That's the way it's always been in the vintage/classic mkt.
Explains today's million dollar values of unmolested examples of some of Detroit's rarer late 60s/early 70s muscle cars that sold for under 10 grand back then.
Aug 29, 2007 11:04:53 PM
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69bossnine said:Quote:
MKW said:
Like with all collectibles , ask us in about 30-35 years , when today's 12- 15 y/o s just discovering today's hottest sports cars reach their prime earnings years combined with mid-life crisis and want items that recapture their carefree youth . That's the way it's always been in the vintage/classic mkt.
Explains today's million dollar values of unmolested examples of some of Detroit's rarer late 60s/early 70s muscle cars that sold for under 10 grand back then.
Well put... Basically ANYTHING is a future "classic", as nostalgia and time morphs even what you may consider as mundane today, into what will retrospectively/potentially be seen as "ultra-cool" when seen on the road in pristine condition decades from now.
As time marches on, and expectations change, and modernization goes forward, don't just look for "rare" and "exclusive" cars to become "classic"... Look for anything that was polarizing, iconic, revolutionary, or just plain nifty and/or good looking in its day, to proudly and deservedly attain that status..
Think about it... A 1957 Chevy Bel Air is a "classic"... When new, it was an entry-level passenger car a bus driver could afford.
The only time that things don't achieve a venerable status, is when the nostalgia isn't there, when the memories are not fond. A cheap car that you were proud to be seen in turns classic, i.e. Ford Mustang... But a cheap car you were embarrassed to be seen in, i.e. AMC Rambler..., well, it ain't much of a classic at all...
But there's an ass for every seat in the car collector world. There are guys out there who collect Pintos even...
It's a wonderful hobby, for those who understand it, and don't believe it's all about having the most valuable collection or car...
BOTTOM LINE, you're looking for superior design, and excellence in packaging for purpose, at any price-point... That's why a 1963 Ford Falcon Convertible can fetch the same money today as a 1967 912. And sometimes just an oddball history and being "unique" can gain collectible status and good value, like Edsel..
The rare cars and the million-dollar cars are all kinda like solar flares, that shoot off of an enormous sun...
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997GT2 said:
The 997 GT3 RS will be a future classic like the 993 RS?
Or it will lost the value like the 996 when the next RS come out?
Any comments about that?
Aug 30, 2007 3:37:30 AM
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nberry said:Other than Porsche curtailing production on the car why would it be a classic? Seriously I don't understand the reason for the question.
Aug 30, 2007 12:50:05 PM
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nberry said:
Other than Porsche curtailing production on the car why would it be a classic? Seriously I don't understand the reason for the question.
Its performance is not better than the 996GT3RS and barely better than the 997GT3. Its appearance is almost the same as all other Porsche's except for a large whale tail. It does have some unusal colors but they can be had on all Porsches. So why should it be a classic.
Aug 30, 2007 1:18:58 PM
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ScottL said:
Every RS model Porsche has ever made is a future classic for the same reasons. In the UK and Europe it's not uncommon to see 964RS for sale at $100K+. 993RS are $120k+.
Aug 30, 2007 2:39:06 PM
Aug 30, 2007 3:05:58 PM
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69bossnine said:
It's the cars they saw on the STREET, the cars that their neighbors bought that made their hearts flip every time they rode their bike by the driveway, the cars that they had true and reasonable aspirations to someday own, that burned a place in their being...
Aug 30, 2007 3:12:09 PM
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ScottL said:Quote:
nberry said:Other than Porsche curtailing production on the car why would it be a classic? Seriously I don't understand the reason for the question.
The 997RS is strictly limited production run (circa 1000 units worldwide). There are many detail changes on the car from the regular 997GT3. I'm sure you knew that already and being an educated man it's strange that you "seriously don't understand" the question.
Every RS model Porsche has ever made is a future classic for the same reasons. In the UK and Europe it's not uncommon to see 964RS for sale at $100K+. 993RS are $120k+. Both are heading north fast.
996RS prices have stabilised above $120k. The car was again built in very limited numbers and many have been crashed. Prospects for future residual values are excellent.
RS Porsche's are a true connoisseur's choice
Aug 30, 2007 4:09:12 PM
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ScottL said:Quote:
nberry said:I could use your arguments for every limited production Porsche ever made. The 996 special edition?
OK for extra bonus points Nick can you tell me how many 996RS's were made?
Let me give you a clue - it's less than 500
Aug 30, 2007 10:41:54 PM
Aug 31, 2007 1:10:36 PM
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connoisseur said:
In reading throught the post's we are all assuming that the social trends now in place will continue. True america's love affair for the car will, but how we view the automobile has changed. In the 1950's the automobile was at its peak of desirability. It represented freedom and economic progress after two decades of depression and war. Now there are many who view the automobile as a utility item. Will they view the cars of their youth with longing? Remember that in the 1950's Duesenberg was just another old car.
Aug 31, 2007 1:28:14 PM
Aug 31, 2007 2:09:17 PM
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ScottL said:Quote:
nberry said:Hey Scott I just noticed you ordered a 997GT3RS. I now understand your position.
I wish I had the garage space to keep both. I loved my 996RS. It's only been gone a week and already I miss it.