A £10k (ish) 325i sport or Porsche 911

[Rodderz]

Porsche are a bit boring though...

[pacerpete]

Porsche owners are a bit boring though...

[jimbom30cab]

Prices will slow down and fall when the bubble bursts”¦

When interest rates start to rise and everyone who has over-borrowed in the last 10 years suddenly has large monthly mortgage payments. Which is estimated at over 1 million homeowners.

[Rodderz]

Porsche owners are a bit boring though...

And, I have a POS Subaru

[Rodderz]

Prices will slow down and fall when the bubble bursts”¦

When interest rates start to rise and everyone who has over-borrowed in the last 10 years suddenly has large monthly mortgage payments. Which is estimated at over 1 million homeowners.

I think you're are mistaken about who is driving the market up!

[jimbom30cab]

Sorry I don't understand??

[Rodderz]

The market is being driven up by people who have the clear funds to buy collectable cars, both in this country, and abroard.

The 996 and E30, are only clinging to the coat-tails of that market though!

[Gert_8]

Prices will slow down and fall when the bubble bursts”¦

When interest rates start to rise and everyone who has over-borrowed in the last 10 years suddenly has large monthly mortgage payments. Which is estimated at over 1 million homeowners.

I think you're are mistaken about who is driving the market up!

I agree! Anyone that is struggling making payments at the current interest rates is not going to by investing in old cars.

[pnd]

The market is being driven up by people who have the clear funds to buy collectable cars, both in this country, and abroard.

The 996 and E30, are only clinging to the coat-tails of that market though!

true but if interest rates rise significantly new entrants to the market will think twice about keeping cash on deposit. The classic car market is an asset bubble that is near its peak; that is not to say it will crash majorly as it has before but it is to say that the cars that have already reached very high values haven't got that far upwards to go.

[jon-m42]

As we are on the topic there is one thing I dislike about Porsche in general is their Interior set up.

[rh306]

The idea of a wallet emptying-fest attempting to re-engineer a fatally flawed, aesthetically-challenged 90s turd with fried egg headlamps doesn't really appeal. Could be tempted into one of these though (even if they are a bit cr4p)

[bab-91]

The Porsche is younger and has much more technology installed for a better/safer ride.

This is the exact reason I drive an e30.

In fairness, you do SFA miles. Modern daily hacks make sense for those who do.

[Andyboy]

Prices will slow down and fall when the bubble bursts”¦

When interest rates start to rise and everyone who has over-borrowed in the last 10 years suddenly has large monthly mortgage payments. Which is estimated at over 1 million homeowners.

I think you're are mistaken about who is driving the market up!

Indeed. Mondeo Man with a 25k job, £120'000 mortgage and three brats isn't buying 30k plus classic cars, either as toys or an investment.
The folk buying cars like that are ones with plenty of money. Lots of folk like that about.

[ross_jsy]

I've got 2 friends with 996's with plenty of finance on them and with mortgages. Perhaps more of a Jersey phenomenon, but will be interesting to see what happens when rates start going up

[Gert_8]

I'm waiting....

[Rodderz]

I've got 2 friends with 996's with plenty of finance on them and with mortgages. Perhaps more of a Jersey phenomenon, but will be interesting to see what happens when rates start going up

Again, I think you're confusing a 996 with the collectable car market.

They are only being dragged a bit higher, price wise, by being the entry level 911.

[Andyboy]

I've got 2 friends with 996's with plenty of finance on them and with mortgages. Perhaps more of a Jersey phenomenon, but will be interesting to see what happens when rates start going up

In what way is a Porsche 996 a valuable, appreciating collectors car? It's the mark 4 Golf of 911's and worth about the same as a new Fiesta. Lots of folk have those on finance as well.

[Andyboy]

I'm waiting....

Are they going up yet? I've been here all day waiting.

[Gert_8]

I'm waiting....

Are they going up yet? I've been here all day waiting.

Waiting to drop.

[Jon_Bmw]

996 911 turbo prices have been going up for a few years. I think they will drag the normal models up, much like the e30 M3 has to 325i sports.

The 964 was always the runt of the litter that no one wanted. They start at 30k now...

I think they will not quite get to that level, but at 8-12k you won't loose much. Its a gamble like anything but I think they might settle at around 25K. New 'Kids' at my age (30) won't care that it isn't air cooled in a few year, they just want a 911 as it is cool

Now unless you store it or do sub 2k miles a year it is never going to make a fortune, but I think it is an OK drive whilst potentially balancing running costs with appreciation (hopefully) as a weekend toy.

[ross_jsy]

I've got 2 friends with 996's with plenty of finance on them and with mortgages. Perhaps more of a Jersey phenomenon, but will be interesting to see what happens when rates start going up

In what way is a Porsche 996 a valuable, appreciating collectors car? It's the mark 4 Golf of 911's and worth about the same as a new Fiesta. Lots of folk have those on finance as well.

Did I say the 996 was a valuable or collectable model? No. However prices have been on the up, dragged up by other models and the fact they are probably still a very good car. Probably escaped your attention, but a set of rear tyres for a financed up fiesta don't cost £500...

[viz007]

What's the general opinion on 944s and 968s etc?

[Andyboy]

I've got 2 friends with 996's with plenty of finance on them and with mortgages. Perhaps more of a Jersey phenomenon, but will be interesting to see what happens when rates start going up

In what way is a Porsche 996 a valuable, appreciating collectors car? It's the mark 4 Golf of 911's and worth about the same as a new Fiesta. Lots of folk have those on finance as well.

Did I say the 996 was a valuable or collectable model? No. However prices have been on the up, dragged up by other models and the fact they are probably still a very good car. Probably escaped your attention, but a set of rear tyres for a financed up fiesta don't cost £500...

We were discussing classic cars. You started banging on about £12'000 996's. What does the price of tyres have to do with anything?

[Kedge]

What's the general opinion on 944s and 968s etc?

Just what I was wondering as well!

[Andyboy]

What's the general opinion on 944s and 968s etc?

Capable but strangely dull. I had a 928S and that was a serious car in the day. 4.7 auto with about 300 bhp. They aren't worth a carrot sadly.

[ross_jsy]

In what way is a Porsche 996 a valuable, appreciating collectors car? It's the mark 4 Golf of 911's and worth about the same as a new Fiesta. Lots of folk have those on finance as well.

Did I say the 996 was a valuable or collectable model? No. However prices have been on the up, dragged up by other models and the fact they are probably still a very good car. Probably escaped your attention, but a set of rear tyres for a financed up fiesta don't cost £500...

We were discussing classic cars. You started banging on about £12'000 996's. What does the price of tyres have to do with anything?

I can't think why, in a thread about the costs of a 996 versus a Sport I could possibly be talking about the value of 996's. Help me put 2+2 together here, I am struggling...

[rh306]

What's the general opinion on 944s and 968s etc?

Just what I was wondering as well!

Quentin Wilson keeps going on about the 968 Club Sport as being one to buy... Not sure if they've started appreciating though

[HairyScreech]

What's the general opinion on 944s and 968s etc?

Just what I was wondering as well!

Quentin Wilson keeps going on about the 968 Club Sport as being one to buy... Not sure if they've started appreciating though

Whole cars have not but parts for them has.

Couple of guys over on Speedtalk tune them and some of the part prices would buy a good e30.

[Andyboy]

Did I say the 996 was a valuable or collectable model? No. However prices have been on the up, dragged up by other models and the fact they are probably still a very good car. Probably escaped your attention, but a set of rear tyres for a financed up fiesta don't cost £500...

We were discussing classic cars. You started banging on about £12'000 996's. What does the price of tyres have to do with anything?

I can't think why, in a thread about the costs of a 996 versus a Sport I could possibly be talking about the value of 996's. Help me put 2+2 together here, I am struggling...

You need to try thinking a bit harder. Look at the post you replied to, and, hey presto:

"Indeed. Mondeo Man with a 25k job, £120'000 mortgage and three brats isn't buying 30k plus classic cars, either as toys or an investment."


A 12 grand 996 is not a 30 grand classic car, is it?

See?

But I can see how you became confused - sorry.

[ross_jsy]

Sorry, I missed the bit where you rambled off topic. Bit like your book

[Rodderz]

What's the general opinion on 944s and 968s etc?

Just what I was wondering as well!

Quentin Wilson keeps going on about the 968 Club Sport as being one to buy... Not sure if they've started appreciating though

The ship has sailed on the 968 Club Sport, I'm not sure what they are at these days (there are 2 on PH's, but both POA)but, I'm guessing 30-40k!?

And, the 928 is just leaving port, so buy now if you want one!

Give me a Mk1 Escort any day though

[Andyboy]

Just what I was wondering as well!

Quentin Wilson keeps going on about the 968 Club Sport as being one to buy... Not sure if they've started appreciating though

The ship has sailed on the 968 Club Sport, I'm not sure what they are at these days (there are 2 on PH's, but both POA)but, I'm guessing 30-40k!?

And, the 928 is just leaving port, so buy now if you want one!

Give me a Mk1 Escort any day though

Me too. An RS1600 in the metallic purple usually seen on 1300E's. Back in the day there was a bloke in the Yeovil Car Club who had one this spec c/w the RS alloys and black vinyl roof. Ordered it new as well as a 2002Tii - obviously had a lot of money.

Iirc I gave about £3500 in 1990 for my 928S, an automatic. It was a dark metallic green, CLO918Y. Doing the cam belts on it was a challenge at the time. I could never afford a decent 911!

[Andyboy]

Sorry, I missed the bit where you rambled off topic. Bit like your book

Blimey, the pettiest of insults!

[ross_jsy]

Just an observation of your waffle. I get the impression writing it was like me in year 6 trying to reach the word count on an essay, in a similar writing style non the less

[Andyboy]

Keep going!