Demand for Porsche 911 in Ireland ?

dealgan

Hi,
I'm doing my sums on importing a 911 and I'm stuck on the resale value after a few years of ownership here.

I'm trying to work out a ballpark residual value after 2 or 3 years - Is the VRT basically down the drain, as there wouldn't be a market in Ireland for the car, and I'd have to sell back into UK, at UK prices, hence the vrt becomes a "running cost" ?

If so, I guess its back to the '75 and earlier models ?

Cheers.

green-blood

importing new!!!! Just not worth it.

dearg_doom

I'd reckon you'd be taking a huge whack if you imported new.

Why not buy a recent second hand one, let the other guy take the huge hit?

Also, If I had the money, I'd go for a '72 carreraRS!!

Nice car and you'd be able to tinker with it yourself!!

Kersh

What model were you thinking about. I researched vrt etc endlessly when I bought my 911 18 months ago. I was looking for an Sc, the ones in Uk for 7-9000stg were in rag order, and the vrt was c4500-6000 euro rhd. I ended up buying one here, in the end the one I got did not have good paintwork, and it needed a bit of tlc, but I got it for a good price- but it is being sorted by a full stripdown and respray. Mechanically/rust etc the car was great. My one is always for sale , but to answer yor question, I think you will lose out at resale time due to the vrt. Clean sc go for around 20-23k over here. Certainly when mine is all done up it will be going for around that.
The vrt for a rhd 964 1990 is c8000 euro.
There have been a few for sale (post 77 ones) that seem to be still for sale 6 months later. I think the pre 74 models(2.0,2.2,2.4) are selling - Paul will know.

dealgan

Ooops ... Should have said a year !!

New ! .. I wish .. I think it would be a 73 RS for that sorta dosh.

I started looking at '74 models last year, and actually went over to see one which was quite good, but I didnt buy as my funds got a bit "over stretched" to put it mildly !

I'm trying to weigh up the costs of >30 yrs and an early 80's model.
The classics keep winning, even at the inflated prices for the pre '73s

Thanks for the replies.

Cheers.

Kersh

There are a few over here for sale. Whats your budget. I have abour 25 books on these cars, and I spent 4 years researching etc. You know, the ones to avoid, model types/specs etc. If you need any advice I probably know it. I can run you around my own one if you like, have a good look etc, see what they are built like. Mine is parked up indoors at present. It would be no problem to give you some pointers.

dealgan

Kersh wrote:

I can run you around my own one if you like, have a good look etc, see what they are built like. Mine is parked up indoors at present. It would be no problem to give you some pointers.

Heheh.... A nice little jaunt up to Letterkenny ? Thats decent of you

So where do I ask my questions ... in here, or a new thread ?

I've read up quite a bit, (Paul Frere, Peter Morgan, etc) and follow lots of stuff online on ddk, pelican, pcgb, etc, but I've only ever driven a '74 2.7 Lux (and a boxster a few yrs ago, if that counts !.)

I'm being tempted more and more by the pre 73 types, as there seems to be more of them available than '74 or '75 types, but the prices are shooting skyward.. I guess due to all the publicity they're getting in recent press & magazines.

Budget ? .. I was hoping to get away with around 10K sterling, but that doesnt really seem possible anymore .. would prob have been ok last june/july when I started lookng seriously.
For arguments sake, say 18-20k (euro), on something that aint gonna depreciate too much over 2-3 yrs.

Thanks for the info, and the offer of help.

Cheers.

PaulK_CCI

dealgan wrote:

I'm trying to work out a ballpark residual value after 2 or 3 years - Is the VRT basically down the drain, as there wouldn't be a market in Ireland for the car, and I'd have to sell back into UK, at UK prices, hence the vrt becomes a "running cost" ?

If so, I guess its back to the '75 and earlier models ?

From my personal experience, if you're concerned about running costs and resale values, YES, concentrate on the early 911's. The VRT you pay on later ones is down the drain, because you simply can't add it to the value of the car and expect to get your money back, especially not with UK Sterling prices! An interesting alternative is to go LHD, because at least then they knock 25% off the value of the vehicle, giving you a reasonalbe enough saving in actual VRT duties, but I still think you won't be able to recover this in your resale price.

If you offset this against the fact that a 30 year old car is not essentially more or less reliable than a 20 year old car, it doesn't quite make much sense to be paying big VRT duties, annual road tax etc, etc.

There is a reasonably strong market for early Porsche 911's, and my own approach is that I offer cars in very good to excellent condition ONLY, because there's enough rubbish out there in Ireland, and people genuinely seem to appreciate the very good cars. I have so far sold a good few to Ireland, and I have even managed to resell a couple too after the owner decided he wanted something else (and recovered all the money invested, in some cases even making a small profit for the owner!!) !

So if you want to go that route and invest in a clean, well maintained car, feel free to have a look at some of the cars I can offer...

Kersh

Exactly. Paul has some nice cars.

528i

I'm guessing those 2.0-2.4l's wouldn't really be up to much ? pre-80's brakes would hardly stop you in a hurry either.. would a Ferrari 308 be the better drivers car (and overall investment) ?

flat6

Don't discount the early impact-bumper cars either!

These cars were the first of the galvanized ones - something to consider!

I bought a 1976 Carrera 3.0 in the UK last year - still simple enough for home-maintenance.

Brakes are excellent BTW, my car has no servo (or power steering!) - 1200Kg is not a lot by modern standards

Just don't expect the disconnected over-assisted driving experience that's the norm for modern cars.

VRT came to just over €3K

Insurance is €575 fully-comprehensive (AXA)

Looking forward to January of next year! (the start of classic tax)



I wouldn't even consider a 308 - who will maintain it for you?

Silvera

Hi flat6,

Welcome to the forum !

I read somewhere that galvanised bodywork started in 1976 - that correct ?

Any pics of your car ?

BTW, were you not tempted to wait til next year and pay classic (€50) VRT ?

Silvera.

lomb

can i ask how much the 76 porsche was and what condition is it in mechanically? has it ever been restored?

dearg_doom

Woah, Paul!

That '75 Carrera is the finest classic porsche I've ever seen pics of!

If I had a spare 20k, it wouldn't be yours for long:D

Your ad says it hasn't even been restored? it's some looker alright!

flat6

I could see no pre-74 cars that I would have been interested in - many of these are US imports with strangled 2.4 engines. I did drive a 2.2s over here a couple of times but walked away...

Mine has 200 bhp :cool:

So - pay €3K or wait 2 years? - Easy decision!

Yes - the car is in good condition mechanically has been restored - but remember - restoration is an ongoing process...

Car was £11K in the U.K.

May post a pic later in the week.

Good sites to visit:

(Howard's site)
http://www.langridgeporscha.com

(where I bought mine)
http://www.gmundcars.com

(a great BBS and parts up the wazoo)
www.pelicanparts.com

All the best!

Warren

Kersh

528i,
911s got servo brakes starting 1978. mines a 79, not that bad, at least you have to be careful, unlike the gto you just hoof the brake and it stops right away, the 911 would lock up. Theres no body roll either. nice cars all the same. an acquired taste, or a dreamers car. Its not to everyones taste.

dealgan

Wow. Obviously there is some interest in Porsche's here !

A few questions I have are :

1. Is there much performance difference in the later 70's versus early 80's types ?
I have been told before that the earlier types, (before the SC) are more "pointy-squirty" than the later types, even though the later types have higher bhp figures, they are that bit heavier - Is this true ? - It may be biased, as the source was the owner of a '74 S

2. Is there much difference between the pre '73 and post '73 performance.
Say compare a 2.2E to a 2.7S or 3.0 Carrera ?

3. Where did all the '74 cars go .. have they all been backdated to the '73 styling (longbonnet ?) or did thay all die a sad death and get parted out ?

4. What would be the going rate for a pre '76 or even pre '77 911 which would pretty much hold its value (or lose very little) over 2-3 years with low- mileage and lots of tlc ?

5. Where do I look ?
I've looked in all the usual mags; Classic car mags, 911 & Porsche World, Porsche Post, TIPEC mag.
I've looked online in the ddk, pcgb, 911uk.com, classic-chrome, lots of the UK specialists websites (Paul Stephens, Paul Devya, 911virgin.com, etc etc)

6. Assuming I can find a >30 yr car, and reg it here, what sort of running costs are involved. Not the usual stuff, like tax,ins,fuel,oil .. but more what sort of cost arise which are unavoidable, and mabye unforeseen ?


Thanks again for the info so far. I'm glad I asked now.

Cheers.

SouperComputer

hmm i was hoping to get a classic porsche myself. Didnt know pre 78's had no servo.

thats perfect, i friggin hate servos!

dealgan

SouperComputer wrote:

hmm i was hoping to get a classic porsche myself. Didnt know pre 78's had no servo.

thats perfect, i friggin hate servos!

I found out there was no servo during a test-drive, trying to stop from around 90 at a t-junction ... It amazing the strength you can put into one leg muscle when you have to !!

Cheers.

ds20prefecture

dealgan wrote:

5. Where do I look ?

I would look at the continent before the UK. The UK use salt on their roads in the winter, which is bad for rust. The 911 isn't quite as bad as others in this respect, but after 30 years any car will rust if it hasn't been treated well. Also the exchange rate is brutal.

If you absolutely _must_ have RHD, consider South Africa or Australia - both of these are hot dry countries with friendly exchange rates and no real language barriers. I think you might be subject to VAT buying from here, though. Shipping is not as bad as you would expect.

I use the Yahoo news groups to get familiar with a community of owners (but the DS community is much smaller and geekier than a 911 community). Then you can get in touch with private sellers who care enough about their identity within that community to be honest in their descriptions. Also you can find someone expert yet objective who you can trust to inspect a potential purchase for you in the target country. This is crucial.

HTH

lomb

ds20prefecture wrote:

I would look at the continent before the UK. The UK use salt on their roads in the winter, which is bad for rust. The 911 isn't quite as bad as others in this respect, but after 30 years any car will rust if it hasn't been treated well. Also the exchange rate is brutal.

If you absolutely _must_ have RHD, consider South Africa or Australia - both of these are hot dry countries with friendly exchange rates and no real language barriers. I think you might be subject to VAT buying from here, though. Shipping is not as bad as you would expect.

I use the Yahoo news groups to get familiar with a community of owners (but the DS community is much smaller and geekier than a 911 community). Then you can get in touch with private sellers who care enough about their identity within that community to be honest in their descriptions. Also you can find someone expert yet objective who you can trust to inspect a potential purchase for you in the target country. This is crucial.

HTH

there is nothing wrong with the exchange rate, if anything sterling is a little weak at the mo.

saltwise-if the car is checked for rust then u are good to go.

rhd/lhd- lhd is really crippling in this country. rhd is a HUGH bonus. make no mistake about it.

Dades

lomb wrote:

rhd/lhd- lhd is really crippling in this country. rhd is a HUGH bonus. make no mistake about it.

In what way, insurance? Resale value?

Just curious.

ds20prefecture

lomb wrote:

rhd/lhd- lhd is really crippling in this country. rhd is a HUGH bonus. make no mistake about it.

I must say it hasn't affected me at all. But then again overtaking isn't really an option with 60bhp/tonne

If you live urban, your spending most of your time in traffic or on a motorway or both. LHD is no hindrance in this respect.

If you live rural, and spend most of your time on single carriageways then you'll wish you had RHD, particularly in something as nippy as a 911.

lomb

ds20prefecture wrote:

If you live rural, and spend most of your time on single carriageways then you'll wish you had RHD, particularly in something as nippy as a 911.

also if u like the odd country spin in it.

yep and ill add to that something silly like always wanting to get into the drivers seat on 'the wrong side' then realising ur mistake and getting in on the left side.

resale value and ease of sale definately suffer and reexport to the continent is very difficult.

dealgan

LHD is a no-no for me .. donegal roads are not the best.

I don't think I'd import from as far away as SA or Australia.
At least with UK its easy & cheap to go back there to "sort out" any issues.

The salt & rust issues brings up another question... for a "restored" early 911, how long does a restoration actually last before there is more bodywork needed again. - I know this will be dependent on the quality of the resto job, but in general does a "good" resto job last long ?

I see a lot of the enthusiasts do bare-metal restos, so does the follow-on paint (& protection coatings ?) provide good protection against the worm, or do you end up with more anti-rust measures every few years ?
Also I know a lot of the enthusiasts keep their babies wrapped up and dont go out in the salty wet conditions... Is this true, or is it only a minority ?

Cheers.

lomb

dealgan wrote:

I see a lot of the enthusiasts do bare-metal restos, so does the follow-on paint (& protection coatings ?) provide good protection against the worm, or do you end up with more anti-rust measures every few years ?
Also I know a lot of the enthusiasts keep their babies wrapped up and dont go out in the salty wet conditions... Is this true, or is it only a minority ?

Cheers.

good point, what about the original galvanising? just because it looks ok on top doesnt mean all is well underneath.

obviously lhd cars have some + points- there is a wider selection due to more made and sold this way, some lhd countries may not salt roads etc also i would generally speaking avoid irish classics that have spent their life here, many are not even remotely road worthy, having zero history and money spent. id far rather a decent lhd than a rotten rhd thats mechanicals are shot.

ds20prefecture

dealgan wrote:

The salt & rust issues brings up another question... for a "restored" early 911, how long does a restoration actually last before there is more bodywork needed again. - I know this will be dependent on the quality of the resto job, but in general does a "good" resto job last long ?

I see a lot of the enthusiasts do bare-metal restos, so does the follow-on paint (& protection coatings ?) provide good protection against the worm, or do you end up with more anti-rust measures every few years ?
Also I know a lot of the enthusiasts keep their babies wrapped up and dont go out in the salty wet conditions... Is this true, or is it only a minority ?

Cheers.

A bit off topic, but if I were doing a ground up restoration, I would metal flame spray everything I could. This is kinder than hot dip galvanize as the heat is much lower, and it is more effective at protecting the substrate. It is also much lighter than galv/zinc paints. Most motor manufacturers now use this process instead of more traditional galvanize.

If you treat the car with the likes of waxoyl, dinitrol or fluid film every 2 years or so, it should easily last another 30 years. Make sure that your storage is well ventilated - lots of people build beautiful sealed garages to house their precious - you may as well leave it underwater. If it isn't well ventilated, budget for a good dehumidifier. Mechanically, the worst thing you could do to a 911 (or any car) would be to leave it gleaming in a garage. Drive it often and hard.

Kersh

The Sc was built from 78-83. The 78/79 one had 180bhp, the 80 had 188bhp, and the 81-83 had 204. Looking at the figures, the torque numbers are not that different. Mpg was better in the 204bhp ones. Mine is 79 chrome trim 180bhp. The thing is, they pull strong in all gears, up through 3000+rpm. Mine has the air pump removed which is supposed to help.
The 76/77 3.0 Carrera has 200 bhp, and is supposed to be nice to drive. I was initially looking at one of these, but opted with the 'safer' Sc.
The 2.7 came in a variety of power outputs, some as low as 150! Be careful buying one of these. The variant to get is the 2.7 carrera with 210bhp. Some owners report pulled head studs/oil leaks with 2.7 engines, as it was pushing the magnesium crankcase a bit until the all new 3.0 came(Sc and 3.0Carrera).
As for costs I dont know as I havent had a problem yet (crosses heart). I do have to strip mine/repair 2 small rust spots and get it sprayed (it needs it).
See that the car you buy has 84+ chain tensioners, its a retro fit and really tells you the owner cared for the car.
Owning a 911 is a constant battle against age. Once mine is restored I am sure I will have to baby it a lot.

lomb

its hard to see what the attraction of a classic 911 to me. its never going to be as good or strong as a modern 911 and they are defo overpriced. way overpriced. also they arent that fast, and most have been driven very hard because the engines arent that powerful. also unlike say a classic rolls royce a porsche always wants to be modern and old ones arent.

to compare things logically for a minute, we are looking a 20 grand for a good 1975ish car. now paul has a mechanically perfect 911 targa (semi cabrio) 1990 for 29 grand.

dont think id b buying a classic one-way overpriced.

Kersh

There are problems with the 1990 964 too. Dual mass flywheel problem, oil leaks for the laugh, it still has same interior as a 1975 one, just a quicker engine, targa leaks like all 911s.
And my Sc is quick. Not 300 zxtt quick, but quicker than a lot of cars. It certainly isnt slow, and it handles way better than any of my others cars (except the vees).
Some people like them, some dont.

lomb

Kersh wrote:

There are problems with the 1990 964 too. Dual mass flywheel problem, oil leaks for the laugh, it still has same interior as a 1975 one, just a quicker engine, targa leaks like all 911s.
And my Sc is quick. Not 300 zxtt quick, but quicker than a lot of cars. It certainly isnt slow, and it handles way better than any of my others cars (except the vees).
Some people like them, some dont.

id say the latter one would handle *a lot* better than the older one though, and im sure if the 1990 one has oil leaks well good luck with a mid 70s one.

i remember a while back quentin wilson (who is in the trade himself and has owned many many classics) advised stearing well clear of old 911,s and going for latter 90s cars as they were similarly priced and far stronger. the fact that ireland has a crap tax regime shouldnt force someone who doesnt want to pay a grand for road tax, and a bit of vrt (that will be recovered anyway on resale so doesnt matter) to spend stupid money on a weak and old car.
if u cant afford a grand in road tax one probably has no business owning a porsche. ok i know insurance and all plays a part too. but everyone here wants to get a latter one unlike with most other clasics they want an earlier one lol.

Silvera

I prefer the look/style of the 911 78-89 model.
IIRC, Quentin Willson (who knows his stuff) was suggesting buying an 87-89 911 mainly because of it's better Gertrag gearbox.

Kersh

Lomb -
I think you are mixing up the models here. An early 911 is 67-73, they are old, with no impact bumpers, and no galvanising. Next came the 2.7s, which generally suffered pulled head studs and hence leaks, plus some non too powerful engines in the lineup. Then came the 76/77 3.0 carrera, which like the 911sc 78-83 and carrera 84-89, were galvanised (only slowed down rust), and didnt suffer from many problems except on 78-80 sc had rubber centred clutch which exploded sometimes. The 964 Carrera 2 and 4 from 89-93 suffered from pretty bad oil leaks, like chronic problem oil leaks(all buyer guides warn about these), and like I said problematic dual mass flywheels, in general they are regarded as being less problem free than the sc and carreras.
As for handling, well unless you work at mondello (some of us are lucky in that respect), its pretty insignificant that a 1990 carrera2 laps 2 seconds quicker than a 1982 sc. My sc handles quite well the 964 handles like my 300zx, just like any car-its easy to drive, the fact that the engine is out back is of no significance if you know what you are doing.

SouperComputer

what circuit and what times for those two porches kersh?

Kersh

international.
2.05 for a 993 turbo.
2.11 for 964 2
2.13 for 911sc 1982.
To put it in comparison...Irish vee lap record 1.6 nearly standard beetle engine on webers is 1.53.something.
Formula ford zetec 1.8engine is 1.44.something.

Silvera

I noticed a 1989 911 Carrera (c/w FPSH) in today's Sunday Indo for €17,750.

Seems like an ok price when compared to many similar advertised 911's ?!

lomb

Silvera wrote:

I noticed a 1989 911 Carrera (c/w FPSH) in today's Sunday Indo for €17,750.

Seems like an ok price when compared to many similar advertised 911's ?!

cheap car, a great buy.

Silvera

That's it, I'm getting out the chequebook !!

lomb

Silvera wrote:

That's it, I'm getting out the chequebook !!

good for u make sure it isnt a ropy clocked car first though thats really done 500000 miles and reads 50000

SouperComputer

Kersh wrote:

international.
2.05 for a 993 turbo.
2.11 for 964 2
2.13 for 911sc 1982.
To put it in comparison...Irish vee lap record 1.6 nearly standard beetle engine on webers is 1.53.something.
Formula ford zetec 1.8engine is 1.44.something.

wow, thats lot slower than I expected. is that running is full roadgoing config tyres etc?

Kersh

yes, I thought it was slow too. A gt3rs only clocked 2.04.

SouperComputer

very surprised on the GT3 time. A few years ago when the circuit was 1st opened, we tested some classes of karts. IIRC 100cc non gearbox got around in 1.50 and 125 gearbox 1.46

Kersh

Afaik a 250 gearbox kart either still does or used to have lap record on the national track. Supposed to be massively fast. Anyhow, times in road cars depend on driver ability, tyres etc, and most people (inc me) would never push their road car to the limit on a track, but its enough to say a pre 1990 911 isnt a 'worse' handler than a post 1990 911. On everyday roads it wont matter at all.

SouperComputer

yea, 53.39 set by peter deery in the 250, leinster cup 1996 i think. im certain of the event, time and person, just not the year. On the national circuit. Only thing to beat it was the BOSS formula one series (51.x), but that doesnt count against the record at its not an irish class seemingly. Quarter mile in 8s, not too bad for somthing you could pick up for about 4k used. Thinking of going gearbox this year since karts are returning to mondello.

Ill need a bit of work at the gym 1st! DC drove martin hines kart around Monaco in the early 90's and beat the f1 pole by around 6secs!

anyway, this is WAYYYY OT.....


@dealgan, sorry for snatching your thread. Have you come to a decision yet?

[edit] jasus, just saw a 250 for sale in the UK for 600GBP, sweet! [/edit]

dealgan

SouperComputer wrote:

@dealgan, sorry for snatching your thread. Have you come to a decision yet?

I think I'm gonna hang in there and wait for a decent '74, 75, or mabye '76 to come along, that has been restored well.

lomb wrote:

if u cant afford a grand in road tax one probably has no business owning a porsche.

Nope. I dont agree with that. I'm buying this as a 3rd car. I already run 2 2-litre cars, and think I pay plenty of road tax, so why would I want to pay another 1100, or whatever it actually is for a 3L ?
I'd like to think I can and will own a porsche, even though I don't want to pay a grand in road tax.

I know you can get classic insurance on cars that aren't 30 years, (I think
carole nash consider '83 as classic)
My comparison of classic vs no classic is :
Classic : VRT=50, Tax=50, Insurance=400
Non-Classic : VRT=4000, Tax=1100, Insurance=400 (being generous)

i.e for 3 years of ownership :
Classic : 50 + 150 + 1200 = 1400 euro
Non : 4000 + 3300 + 1200 = 8500 euro

(.. Thats assuming classic insurance on both types)

Now, tell me I'm wrong.

If you go back to my very first posts, I started off asking about the market for resale here, if I did buy an SC or a 3.2 Carrera, and pay the VRT, would I be able to seel it within Ireland, or would I have to sell back to UK and lose the VRT I'd spent.

Kersh wrote:

The 2.7 came in a variety of power outputs, some as low as 150! Be careful buying one of these. The variant to get is the 2.7 carrera with 210bhp. Some owners report pulled head studs/oil leaks with 2.7 engines, as it was pushing the magnesium crankcase a bit until the all new 3.0 came(Sc and 3.0Carrera).

I see all these '74 2.7 Carreras are getting snapped up pretty quickly .. I assume 'cos the engine is same as the '73 RS. Saw one of these engines go for £8500 sterling recently on ebay.

The only 911 I've driven was the 150bhp 2.7, but even that was enough to make me want one. I used to drive an 03 Accord, with 155 bhp, so I expected similar performance from the 911, but boy was I impressed. The torque was just amazing. Also I guess that sweet sound does help !

Cheers.

lomb

dealgan wrote:

Now, tell me I'm wrong.

u are right and wrong. if the car is 20+years old there is no point in paying vrt on porsches crazy prices. u would never see it again. on the other hand if u bought a modern 1990 911 u would recover the vrt or most of it probably.

dealgan

lomb wrote:

if the car is 20+years old there is no point in paying vrt on porsches crazy prices. u would never see it again.

OK, Thats exactly what I wanted to know.

SO really there is no point in importing an SC or 3.2 as I'll lose the vrt amount when I go to sell.

Thanks. (i think !)

Cheers

lomb

dealgan wrote:

OK, Thats exactly what I wanted to know.

SO really there is no point in importing an SC or 3.2 as I'll lose the vrt amount when I go to sell.

Thanks. (i think !)

Cheers

yeah in this case DONT do it unless the vrt is little (unlikely) or u really want it. the cost per mile for the little u use it will be insane.

ds20prefecture

dealgan wrote:

I think I'm gonna hang in there and wait for a decent '74, 75, or mabye '76 to come along, that has been restored well.

Excellent choice. Personally, I'd go for the earlier ones, but I'm a sucker for shiny bumpers. Try to find one in as original condition as possible, with only essential life-prolonging restoration work carried out. There's nothing worse than an over-restored car - some overpriced garage princess that'll burst into tears/flames when you first drive it.

I agree with your summary of classic vs non-classic. Note also that your depreciation on a classic should be negligible, maybe the car will even appreciate in value in the short term (though I wouldn't bank on it).

I've been lucky in this respect - the DS has recently had some good PR on the likes of Top Gear and various "100 best/Greatest design"-type polls. As a result, demand for the car has increased and I have been offered about 25% more than I paid for it. This is of course easily off-set by the amount of money I have put into the car (mostly mechanical labour) and only worthwhile if I were to sell the car, which is never going to happen. Demand will wane again once the PR dies down.

Long term, the Porsche will definitely appreciate in value. Nobody is making early Porsche 911s any more, so they'll only get rarer. For such a desirable and low volume car, demand is unlikely to tail off. The later cars were made in greater volumes, and so are less likely to become as scarce as fast. They are also much more complex beasts in terms of mechanics, electronics and safety and so are much less servicable by the enthusiastic owner. This makes them less desirable, affecting their potential value.

Kersh

Dealgan..
Watch out with the classic ins off nash. you have to be over 30 to insure a 911 with them, and a member of the Porsche Ireland club( other classics are no problem, but 911 are over 30s only). The former caught me out as I was only 28. I ended up getting a garage policy for my job and to run the 3 cars. just making sure you are over 30.

dealgan

ds20prefecture wrote:

Excellent choice. Personally, I'd go for the earlier ones, but I'm a sucker for shiny bumpers.

I must admit I do like the shiny bumper ones .. but have you seen the prices of these .. even the E's are going for close to 20k sterling !
I did come across a 1970 2.2E for around the 18k stg mark, but thats too rich for me. Pity though .. it was gorgeous.

I do agree about the ease of servicing though. Any idea on how the service history affects the value of these ? i.e. If I keep one for a few years and maintain it myself, will this affect the value, since it wont have any service record from a "porsche specialist"

Cheers.