'67 S - One owner, First paint!

My kind of guy... Very cool and good for you!

 

2002's, FJ40's, early 911's, and even SC's and God forbid mid-years and Targas are being exploited to their utmost in this bizarre market.Ambiguous yet accepted catch phrases like "first paint", "survivor" and "restoration quality" have become selling points. High production numbers seem to hve taken a back seat when market values are tossed around. This S appears to have around $200,000 optimistic market-driven hype.

 

Negative ghost rider.

67Ses are now in the mid to upper $300s. Recently one sold for $400k....

 

I think the alluring part of these "VW Bugs" as someone here put it, is that they don't breakdown every 5k miles, or need a complete engine rebuild after 10k miles, and you don't lose 50% of your value if you don't change your timing belts every 2 years. In fact they quite happily go 100k miles without looking at the timing chains. These cars are incredible pieces of engineering and deserve some respect.

 

I just don't get it... I can't believe the values of some of these older Porsches

 

Ok then.
What have the actual selling prices been of a '64 901?

 

This "original paint" car just like an ultra low mileage car have desirable traits that some people are willing to pay big bucks for. There are lots of people who spend a lot of money on things a lot worse than old cars. The thing about these cars is after you own one what do you do with it? In the case of the ultra low mileage car if you drive it then it is no longer low mileage and looses a great deal of its value, same principal with the original paint, if something happens and you have to repaint it then it's no longer original paint.

 

Where did you source the car, if I may ask? Some of the pictures have definitly not been made in Austria.

 

Pics have all been taken in the U.S. The car is still located in the U.S. I wonder if the seller has even seen the car himself???

 

Saw this car in a garage in SoCal. Could have made an offer to buy but already have one. Was owned by a dealer who was thinking of selling it earlier this year . Seller is at least 3rd owner. I did not think it was driver ready at the time. Do love the color however.

 

Yikes. My buddy has a 67, 71 and 92. The 92 has been repainted but the other two are original.

Original paint has to be weighed against overall condition. Its no fun to buy a car that needs all the oil lines replaced and the wheel bearings are frozen.

 

"This S appears to have around $200,000 optimistic market-driven hype."


I agree. These prices are silly and soon enough the bubble will burst and cold, hard reality will set in for the poor buyer.

 

Niceee

 

Looks like about a $45k car....

 

Amusing to see people looking for rational explanations in the classic car market

Market price is, and always will be, what the buyer is willing to pay matched with what the seller is willing to accept...

 

The "....whatever someone is willing to pay..." theory of market pricing is a tired and increasingly antiquated theory. There is waaaaaay too much information available at the click of a mouse now regarding market pricing for ANY given vehicle. Scarcity and production numbers are easily acquired. A seller of any collector car must compete FOR a buyer now.

Perhaps it should read: "It's worth whatever the Internet says it's worth."

 

The difference in today's buyer as opposed to the pre-internet buyer is today the buyer has more resource at his fingertips and less of an excuse if he pays to much, like you pointed out.
The internet works in favor of raising prices and lowering lowering prices equally. Just more information for every body to use, buyers and sellers. And now we have a global market made by the internet easily accessible for everybody, so a bigger market for everybody.
But Nothing fundamentally has changed in the concept of market supply and demand, except a bigger market for everybody.
And nothing has changed in the price being set by what a seller is willing to take and a buyer is willing to pay. That concept still holds true.

 

Best to you on the sale! 67's are very cool cars!