<VV> car values
burkhard at rochester.rr.com
burkhard at rochester.rr.com
Thu Nov 1 08:21:53 EST 2007
Ahhh, it all depends on the Porsche. The 924, 944, and 928 while nice
cars, were not "real" Porsches in the eyes of most auto enthusiasts and
as a result have not held value over time. The current Cayenne (SUV)
will experience similar plumeting value as well. Conversely, 911 and
Boxster/Cayman are seen as real Porsches and so will continue to be
embraced by enthusiasts when they are 20 years old, thus depreciating a
lot less.
Anybody who honestly buys cars as an financial investment is a bit
daffy.
Jim Burkhard
----- Original Message -----
From: Arjay Morgan <n3lkz at yahoo.com>
Date: Wednesday, October 31, 2007 2:58 pm
Subject: RE: <VV> car values
To: Virtual Vairs <virtualvairs at corvair.org>
> I think we all know the value of our Corvairs is to be found with
> us, their owners, not in the marketplace. But, we've all heard of
> the spectacular prices some of the muscle cars have allegedly
> brought at auction. The New York Times today has an article that
> pretty much dispels that.....
>
http://www.nytimes.com/2007/10/28/automobiles/collectibles/28WORST.html
>
> If the link doesn't work well for you, here's an example:
>
> 982-91 PORSCHE 944 The years have not been kind to the values of
> Porsches from the 1980s. As an investment by an original buyer,
> the saddest case of all may be the 944, a front-engine water-
> cooled 4-cylinder car that followed the tepid 924 in both design
> and execution. At introduction, the 944 cost $18,980. Today, one
> in good condition is worth $4,100, according to Kelley Blue Book.
More information about the VirtualVairs
mailing list