For at least the last 5 years, people in the Porsche community have discussed the demise of the ‘bubble’ in Porsche 911 prices – especially 73 and earlier models.
I am not on the ‘chicken little’ bandwagon. The very best cars are selling at unprecedented prices.
If there is softness in the market valuation, it is at the bottom end. The “project cars” that need a ton of work are going to take many many months to restore. People who are mindful of market value remain concerned that prices will flatten or drop in the future and that their investment will be outside the value envelope when the car is done.
I would like to suggest that if you are looking for a 911 for the long term, you should ignore the market – instead, look at your relationship with the car. Some of the happiest 911 owners I know have much more in their cars than they could sell them for. 070716