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Going long on 964s for maximum ROI

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Old 01-07-2014, 10:41 PM
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Vandit
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Default Going long on 964s for maximum ROI

http://www.telegraph.co.uk/finance/m...k-markets.html
Old 01-08-2014, 02:09 AM
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geordie
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Nice find!

I'm going to share this on "Watches" forum.

Old 01-08-2014, 06:35 AM
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orp73
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a perfect excuse to buy a black targa to keep my C2 company maybe!
Old 01-08-2014, 06:42 AM
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Andy Roe
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How far are we from the top of the curve though? However much I'd like for them to keep rising, can they really go up much more than what they have done already?
Old 01-08-2014, 06:54 AM
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alexjc4
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Amusing that they choose a pic of some 964s to represent all classic cars - is there a rennlister here who works for the telegraph maybe?

RS's have gone from £30k to £100k - so it only seems fair that ours go from £10k to £30k

Clearly £ for performance, the prices at the moment don't make sense. There is fair degree of fad in the current prices and fads come and go. So, imo no they can't keep rising for ever and they may even fall back a bit at some point but I don't think we'll be seeing £10k 964s again though, even for tip cabs.
Old 01-08-2014, 07:07 AM
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Haves1979
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IMO 964s will come in line with 993 values then max out, which tbh is pretty much where they are now for nice ones.
Old 01-08-2014, 07:50 AM
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g60pops
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Originally Posted by alexjc4
Amusing that they choose a pic of some 964s to represent all classic cars - is there a rennlister here who works for the telegraph maybe?

RS's have gone from £30k to £100k - so it only seems fair that ours go from £10k to £30k

Clearly £ for performance, the prices at the moment don't make sense. There is fair degree of fad in the current prices and fads come and go. So, imo no they can't keep rising for ever and they may even fall back a bit at some point but I don't think we'll be seeing £10k 964s again though, even for tip cabs.
though £10k targas are still around:
http://www.ebay.co.uk/itm/Porsche-91...p2047675.l2557
Old 01-08-2014, 07:54 AM
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deutschland-dobson
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Mmm,

10K C2, manual Targa + that £6Kcoupe shell on eBay = one hell of a 964

Chris
Old 01-08-2014, 08:21 AM
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alexjc4
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Originally Posted by g60pops
though £10k targas are still around:
http://www.ebay.co.uk/itm/Porsche-91...p2047675.l2557
That doesn't look too bad really, the spoiler is horrific obviously but an easy fix, the interior looks better than mine, nice sports seats too, although it is a cat c.
Old 01-08-2014, 08:22 AM
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alexjc4
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Originally Posted by deutschland-dobson
Mmm,

10K C2, manual Targa + that £6Kcoupe shell on eBay = one hell of a 964

Chris
Bargain! I would have to factor in the cost the divorce that would ensue if I tried that kind of man maths on the wife though
Old 01-08-2014, 10:14 AM
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BLACK-BETTY
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Originally Posted by Haves1979
IMO 964s will come in line with 993 values then max out, which tbh is pretty much where they are now for nice ones.
+964
Old 01-08-2014, 10:21 AM
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Andy Roe
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Are 993 values not rising then? I guess not by as much as the 964 was under valued for a long time.
Old 01-08-2014, 10:34 AM
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vtwin996
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993s values pretty stable other than wide bodies. Many more 993s made, more examples better maintained than 964s.
Old 01-08-2014, 10:42 AM
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tcsracing1
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Interesting that some people have said that parking their money in collector cars is rewarding even if you factor inflation, the annual repairs/maintenance and storage cost….

I am not too sure?
For example:

$10K today is not the same as $10K in 15 years from now.
Keeping the car in showroom condition has it annual costs.
Building a garage to house the car and the operating (heat, light, propert tax) of that garage has its costs.
Insurance each year also has a cost to it.

I do not see dividends, or income generated.

One would need to sell it for a large sum to cover off the years of carrying costs to show an actual return or investment.

If anything it is just a place to "park" your money….
Old 01-08-2014, 10:58 AM
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SuperUser
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Originally Posted by vtwin996
993s values pretty stable other than wide bodies. Many more 993s made, more examples better maintained than 964s.
I think even the NB cars have come up a good bit too, nice ones are pulling 40k. Crazy, I sold my mint WB 993 with only 25,000 miles on it for 44k four years ago.


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