[ds968]

Well, the windows appear intact ( how they managed to survive the cruise missile that hit that car is a mystery ) so assuming they can be cleaned / restored , those could add up to maybe a couple of hundred bucks ..? The other things that might also be intact are the pistons, and a handful of protected engine components because anything exposed to the outside appears to be beyond any help. But $ 4,000 worth of intact parts ?! No way...even at Porsche parts prices.

Partial Post: Please Login or Register to read the full post.

[az968]

Nice rare two-tone paint, blue and orange-red. I didn't see a part that could be reused, every surface trim part is bent. Probably needs an engine overhaul too. I want some of what the sales guy has been smoking.

Partial Post: Please Login or Register to read the full post.

[94SilverCab]

This article makes the 912 look like a real bargain

 

 http://www.foxnews.com/leisure/2015/12/0...ntcmp=hpff

 

Jay

Partial Post: Please Login or Register to read the full post.

[az968]

Think I know a way to increase the value of my 968..... anyone got some spare rust I could have?

Partial Post: Please Login or Register to read the full post.

[JWahlsten]

$153k for a Speedster that will be worth over 200k when complete.  Stills sounds like whoever bought that car will be upside down in it unless they are going to do the restoration by themselves, and not count the labor hours...  Who knows a good Speedster will probably be 500k+ car in the next classic car upswing.

 

The 912 isn't worth the money, no matter what the sellers of that ugly, rusty hunk think it's worth.  Maybe in 15 years though...

Partial Post: Please Login or Register to read the full post.

[Rap]

Can you say bubble?

Partial Post: Please Login or Register to read the full post.

[JWahlsten]

You, sir, are spot on.

Partial Post: Please Login or Register to read the full post.

[Inkedupfatboy]

I guess instead of trying to sell my 968 in tip top well sorted original near perfect condition, I should just shove it out in the shed. Florida will have mine looking like this in about 3 years under the overhang and then I can put it on ebay with under 50k mileage for the newest member of the more money than brains club to bid on. I could be a thousandaire.

Partial Post: Please Login or Register to read the full post.

[MCL968]

It's all auction behavior, which is more like a drunken ego-fueled bar fight than a reasonable, logic based financial decision.

 

When I see these numbers, I wonder how many of these "bidders" in a moment of clarity (or spousal induced terror) decide to back out of the sale and take the financial hit that comes with it rather than ending up with an over priced money pit.

 

If you don't believe it happens, watch how many times the same car comes up on the various auction sites, and that includes eBay.

Partial Post: Please Login or Register to read the full post.

[ds968]

I was wondering why so many repeat cars show up on the block at Mecum, or Barrett Jackson , etc. I always thought it was the new owners just making a habit out of "flipping" them for profit , but I think MCL' s explanation makes a lot of sense as well.. And sense is clearly lacking in anyone who would pay anyway near the money being asked for either these heaps of junk, or, the often seen six figures +' for American muscle cars .

Sheesh, I sold my 440 'cuda ( which was also not too far from a rusted heap of junk ) for some silly amount of money which eludes me at the moment - $ 1,200 or some stupid thing like that - probably because as a defense mechanism , to spare me from regret and pain, my memory blocks out past idiotic decisions ..

Partial Post: Please Login or Register to read the full post.

[Rap]

Here is a bit of a contrarian view. While prices for all sorts of cars skyrocket ours merely edge up. So as more and more cars become even more ridiculously priced, the 968 remains affordable for those shopping for that rare or different kind of car. As a matter of fact the 968 has much more price elasticity.

Partial Post: Please Login or Register to read the full post.

[94SilverCab]

I was trying to find some supporting evidence, but from what I've heard, a lot of the auction sales you see on TV get overturned by Buyers rejecting the car during an after auction inspection. I heard a number as high as 15-20%, but couldn't find anything documented.

 

Jay

Partial Post: Please Login or Register to read the full post.

[Rap]

Sounds like a perfect solution to an emotional mistake. I remember being at a fundraiser in Greenwich and watched a woman enter a bidding contest until she won at $50,000. The look on her face was one for the ages as the reality or stupidity of what she had just done sunk in. The organization allowed her to back out as the next highest bidder was gracious enough to pick up the slack.

Partial Post: Please Login or Register to read the full post.

[Big Carl]

I was recently at a surplus building supply auction. I witnessed a bidding war over a radial arm saw that sold for north of $300.

Prior to opening bids I googled the particular make and model of saw, and found it listed online for $185 with free shipping.

 

A fool and his money will soon part ways...

Partial Post: Please Login or Register to read the full post.

[Rap]

there is a sucker born every minute

Partial Post: Please Login or Register to read the full post.