cgt prices
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cgt prices
my prediction and only this. I have given ths a lot of thought.
CGT prices will increase 12 percent per year for the next three years. The car will be over list in three years time. Think about it. Turbo is 150, 430 scudderia is going to be way north of a 430 coupe, Dollar in US low. Any thoughts
CGT prices will increase 12 percent per year for the next three years. The car will be over list in three years time. Think about it. Turbo is 150, 430 scudderia is going to be way north of a 430 coupe, Dollar in US low. Any thoughts
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prices will slowly drift down. When turbos' performances spank the cgt (a few more years) expect it to keep dropping further.
Don't agree with me, then give me an example of a supercar, with no race provance, with more than a thousand made that is worth more than 200K?? I'm not sure a F40 should count as it was the last Enzo designed Ferrari. Very unique. In the scheme of thing what is going to be unique about the CGT 10 years from now??
Don't agree with me, then give me an example of a supercar, with no race provance, with more than a thousand made that is worth more than 200K?? I'm not sure a F40 should count as it was the last Enzo designed Ferrari. Very unique. In the scheme of thing what is going to be unique about the CGT 10 years from now??
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Greg A
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cgt prices
what about the 959, i think Carbon prices will rise, porsche won't make another "supercar", Europeans, India, and the Orient will start to buy some of the inventory. Turbo cabs are not cheap anymore and not really "value" in the true sense considering its getting closer to the spread of a retail cost on a ferrari then back in the day. Ferrari will pull ahead on pricing.
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less than 500 959's made.
the key is volume. At some point older exotica become expensive to operate and maintain used cars. If they are not eligible for special racing events, don't have important history, and are not rare (ie more than 1000 made), watch out.
There are 2/3rds less 959's than cgt. They have very important racing provance. Very important development issues for the history of the 911, yet look at how little they have appreciated. (Given f40 and 288 GTO pricing, I think the 959 would be a great buy now at 400-600K).
Obviously nobody knows, but it does make for some interesting debate.
the key is volume. At some point older exotica become expensive to operate and maintain used cars. If they are not eligible for special racing events, don't have important history, and are not rare (ie more than 1000 made), watch out.
There are 2/3rds less 959's than cgt. They have very important racing provance. Very important development issues for the history of the 911, yet look at how little they have appreciated. (Given f40 and 288 GTO pricing, I think the 959 would be a great buy now at 400-600K).
Obviously nobody knows, but it does make for some interesting debate.
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Greg A
Last edited by teflon; Sep 27, 2007 at 11:45 AM.
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sorry lousy typist
from wiki (also less than 300 made, cgts number around 1200??)
In 1984, however, three 911s modified to 959 specifications (due to the requirement that Group B cars be based on production cars with at least 200 built) were used in the Paris-Dakar Rally, with Jacky Ickx the prime motivator. By 1985 the 959 rally variant was ready, however it was a disappointing start: all three cars failed to finish. But in 1986 the 959 finished 1-2, erasing the disappointment of '85. The 959 was never seriously considered for a Group B Rally season; the cost of completing a full season far outweighed any technical information gained.
1986 was also the year that the racing variant, the 961, made its debut at the 24 hours of Le Mans, driven by René Metge partnering Claude Ballot-Léna, finishing first in class and 7th overall. It returned in 1987, but failed to finish after a spin while in 11th place. Thus ended the career of the 961.
from wiki (also less than 300 made, cgts number around 1200??)
In 1984, however, three 911s modified to 959 specifications (due to the requirement that Group B cars be based on production cars with at least 200 built) were used in the Paris-Dakar Rally, with Jacky Ickx the prime motivator. By 1985 the 959 rally variant was ready, however it was a disappointing start: all three cars failed to finish. But in 1986 the 959 finished 1-2, erasing the disappointment of '85. The 959 was never seriously considered for a Group B Rally season; the cost of completing a full season far outweighed any technical information gained.
1986 was also the year that the racing variant, the 961, made its debut at the 24 hours of Le Mans, driven by René Metge partnering Claude Ballot-Léna, finishing first in class and 7th overall. It returned in 1987, but failed to finish after a spin while in 11th place. Thus ended the career of the 961.
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brnsrgn,
Given Porsche's racing history and the monumental victories amassed over the years, I do not agree that the 959's limited racing achievements were significant enough to truly impact the value of the car. This is, of course, just my opinion.
As to the F40 question, I guess I didn't understand the point of your comment. I thought you were talking about the history of the model, not a particular car. The F40 as a model was raced. There are the road going F40s and the race versions, LM and GTE.
Greg A
Given Porsche's racing history and the monumental victories amassed over the years, I do not agree that the 959's limited racing achievements were significant enough to truly impact the value of the car. This is, of course, just my opinion.
As to the F40 question, I guess I didn't understand the point of your comment. I thought you were talking about the history of the model, not a particular car. The F40 as a model was raced. There are the road going F40s and the race versions, LM and GTE.
Greg A
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teflon.
I agree with you completely re the racing history of 959's. My point is that the cgt has no racing history, not truly limited production, and unless Porsche starts working V10's on a regular basis, it may be an evolutionary dead end.
So why would they (ie cgt) increase in value, when a 959 has decreased when you factor in inflation, ownership costs, etc?
I agree with you completely re the racing history of 959's. My point is that the cgt has no racing history, not truly limited production, and unless Porsche starts working V10's on a regular basis, it may be an evolutionary dead end.
So why would they (ie cgt) increase in value, when a 959 has decreased when you factor in inflation, ownership costs, etc?
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teflon.
I agree with you completely re the racing history of 959's. My point is that the cgt has no racing history, not truly limited production, and unless Porsche starts working V10's on a regular basis, it may be an evolutionary dead end.
So why would they (ie cgt) increase in value, when a 959 has decreased when you factor in inflation, ownership costs, etc?
I agree with you completely re the racing history of 959's. My point is that the cgt has no racing history, not truly limited production, and unless Porsche starts working V10's on a regular basis, it may be an evolutionary dead end.
So why would they (ie cgt) increase in value, when a 959 has decreased when you factor in inflation, ownership costs, etc?
OK. I agree with you 100%.
Greg A