Collectors Car
#1
Collectors Car
Do you guys think 997s will ever be a collectors car. 20, 30, 40 years from now. I know if you look back pretty much any 911 other than a 996 is a collectors car today, so will our cars follow?
#2
Well, its hard to say. As you pointed out the 996 is not a collectors item. Why? Still new or because the 997 is considered the better 996?
Maybe the 998 (if called that) will be the upgraded/better 997.
Time will tell
Maybe the 998 (if called that) will be the upgraded/better 997.
Time will tell
#3
I'd also point out that the 997 is the best selling 911 in history - which, unfortunately for us, will likely mean a larger supply of cars in the market and subsequently a lower resale value...
#4
IMO, some of the reasons as to why the pre-996 911s are collector's item are:
1. Limited production numbers as compared to the 996 and 997
2. Classic Porsche shape and headlights
3. Air cooled vs water cooled for that classic Porsche sound
With that said, I think the pre-996 Porsches will almost always command a higher resale price than the 997.
1. Limited production numbers as compared to the 996 and 997
2. Classic Porsche shape and headlights
3. Air cooled vs water cooled for that classic Porsche sound
With that said, I think the pre-996 Porsches will almost always command a higher resale price than the 997.
#5
Waaaay too many of them built to it ever be likely to be a collectors item. Perhaps a 7 mile, delivery-only miles car, in museum condition version. In 25 years.
Now a 7 mile GT3RS in 'as-new' condition is a more likely subject. But even that's a stretch.
As an aside, I've heard that even the Carrera GT with 1600 or so units is a stretch to become a collectors item. Which leaves me challenged that my 2005 Ford GT (with 4,000 units) will ever become one as well. But, I didn't buy it for that reason. So what the heck!
Now a 7 mile GT3RS in 'as-new' condition is a more likely subject. But even that's a stretch.
As an aside, I've heard that even the Carrera GT with 1600 or so units is a stretch to become a collectors item. Which leaves me challenged that my 2005 Ford GT (with 4,000 units) will ever become one as well. But, I didn't buy it for that reason. So what the heck!
#7
Now that is a good example of a 996 being a collector's item. But comparing it to a 993TTS, hmmm I would put money on the 993TTS.
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#8
Yes, it's all relative. My earlier post was based on the presumption of 'significant valuation'. E.g. the run up of early XKE's, split-window Corvette's or original Porsche Speedsters. To say nothing of original Ford GT's from the 60's. IMHO, short of these ranges, you're just talking 'used cars'.
I'll take one each of the above BTW
I'll take one each of the above BTW
#9
Agreed.
Yes, it's all relative. My earlier post was based on the presumption of 'significant valuation'. E.g. the run up of early XKE's, split-window Corvette's or original Porsche Speedsters. To say nothing of original Ford GT's from the 60's. IMHO, short of these ranges, you're just talking 'used cars'.
I'll take one each of the above BTW
I'll take one each of the above BTW
#11
I think all Porsches will retain their value relative to most other car manufacturers due to the "installed user base". Porsche has been making the same cars for 60 years; not too many other companies can claim that. And due to this, there are 60 years, multiple generations of owners, that are interested in the cars. Heck, look at PCA membership numbers...lots of potential "old" Porsche customers! It seems to me that most Porsches reach the 10 year mark and stop going down in value. At that point, they stagnate for awhile, then go up gradually.
J
J
#12
Prophets are not recognized in their own time. The Speedster was offered in the US because Max Hoffman wanted a cheaper car to sell. Doubt he thought, or cared, if it would be worth a quarter million fifty years later. The criteria that make a car collectable after 25 or more years has a lot to do with the particular nostalgia of the current market as well as an economic climate that encourages speculators to "invest" in something they believe will be a "sure thing". Unfortunately by the time a car is a "sure thing" it's typically too expensive to have further potential for increased value.
#13
I cannot remember if it was Excellence or PorscheGT Magazine but there was a whole article about how the original 996 GT3 is going to be the next collectors car. The next "it" 911 in the vein of the early RS's....compelling article
Jason
Jason
Last edited by JEllis; 05-05-2009 at 06:53 PM.
#15
Very thoughtful and sadly, quite likely correct on all fronts. Well done.
Prophets are not recognized in their own time. The Speedster was offered in the US because Max Hoffman wanted a cheaper car to sell. Doubt he thought, or cared, if it would be worth a quarter million fifty years later. The criteria that make a car collectable after 25 or more years has a lot to do with the particular nostalgia of the current market as well as an economic climate that encourages speculators to "invest" in something they believe will be a "sure thing". Unfortunately by the time a car is a "sure thing" it's typically too expensive to have further potential for increased value.