The BaT thread for the cars we won't buy, but kinda wish we would

[JST]

Originally Posted by Theo

$25K is more inline with what I thought.

http://bringatrailer.com/listing/2007-bmw-m5-2/

I saw you commenting on it JST.

I'm a little surprised it was that low but I haven't been tracking the prices.

The Mondial is already up to 31K with 4 days left.

[ZBB]

Originally Posted by JST

I'm a little surprised it was that low but I haven't been tracking the prices.

The Mondial is already up to 31K with 4 days left.

It bumped from $7500 to $30k real quick, then sat there.

[Plaz]

Originally Posted by ff

Phew!

[clyde]

Originally Posted by bren

When does my unloved 80's corvette get a 6-figure price? :/

Not before it moves under its own power again.

[bren]

Originally Posted by clyde

Not before it moves under its own power again.

Engine repair money may be going to a new garage door, so I guess I won't hold my breath.

[equ]

Originally Posted by Theo

GOOD CHRIST!!!

http://bringatrailer.com/listing/1970-porsche-914-6/

I like the 914, somewhere around the teens. The 914-6, I guess in the 20's for excellent one?

WTF? Have we reached peak stupidity? That is more than my loaded, gorgeous, better in every way Boxster S with 8k miles (when purchased, at 12k now).

You can get a nearly new GTS for that dough.

[JST]

Originally Posted by equ

I like the 914, somewhere around the teens. The 914-6, I guess in the 20's for excellent one?

WTF? Have we reached peak stupidity? That is more than my loaded, gorgeous, better in every way Boxster S with 8k miles (when purchased, at 12k now).

You can get a nearly new GTS for that dough.

Yes, but they are still making new GTSs. They aren't making any more new 914/6s.

Peak stupidity? Maybe. I tend to think that for a long time the air-cooled 911s were waaaay undervalued as a driveable, fun classic (FUCK I SHOULD HAVE BOUGHT ONE). Now they clearly aren't, anymore. The 914s, particularly the 914/6s, make some sense as the next step in that evolution.

Even 928s are starting to get some love. But peak stupidity will be when an Audi-engined 924 trades for this kind of money.

But as someone once astutely observed, if you want to find out what's going to be the next classic, identify 40 and 50 year olds, subtract 20-30 years, and look at what was popular but unattainable among teenage boys then.

Eventually all of the people that fondly remember air-cooled 911s from high school will die and the market will crash. Too bad that by that point we will be dead.

[equ]

Originally Posted by JST

Yes, but they are still making new GTSs. They aren't making any more new 914/6s.

Peak stupidity? Maybe. I tend to think that for a long time the air-cooled 911s were waaaay undervalued as a driveable, fun classic (FUCK I SHOULD HAVE BOUGHT ONE). Now they clearly aren't, anymore. The 914s, particularly the 914/6s, make some sense as the next step in that evolution.

E

I don't really agree with you on this. My opinion is that this is a highly inflated bubble, it went up too fast and will come down sooner than in a couple of decades.

Not that it matters for this argument, but technically they are not making GTS's any more either. Or any boxster with a flat-6 N/A engine.

[JST]

Originally Posted by equ

I don't really agree with you on this. My opinion is that this is a highly inflated bubble, it went up too fast and will come down sooner than in a couple of decades.

Not that it matters for this argument, but technically they are not making GTS's any more either. Or any boxster with a flat-6 N/A engine.

Ah, good point. And I do think we'll see a run up in values on N/A sixes (or at least a slowing of the depreciation), though not as big or dramatic as what we've seen on the air cooled cars.

And I don't disagree with there being a bubble now on 911s. I do think they were undervalued for a long time--mid-year 911s were 15-20 grand for nearly 20 years. But the pendulum has swung too far the other way. Then again I think we're overdo for a correction in the collector car market generally.

[clyde]

Originally Posted by JST

Then again I think we're overdo for a correction in the collector car market generally.

This Road and Track article: How to Buy a 1963 Corvette Sting Ray Without Totally Breaking the Bank blew my fucking mind.

Other than an older repaint, it was unrestored, and it was optioned the way I would have ordered it new: 340 hp, four-speed manual, sintered metallic brakes, "off-road" exhaust, and a 4.11:1 Positraction differential. This level of rightness comes at a premium, but I happily paid it, knowing that it's always cheaper to buy the best up front. An honest 340-hp coupe will trade in the $100,000 to $175,000 range, depending on history and condition.