Low prices at the Amelia auctions...

Kinja'd!!! by "Thomas Donohue" (tomonomics)
Published 03/10/2017 at 16:51

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Most cars seem to be way under estimate, and/or didn’t hit reserve.

This 964 RS just sold for $180,000 - Estimate was $250k-$300k.

A bargain.

Kinja'd!!!

http://www.goodingco.com/vehicle/1992-porsche-964-rs/

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Replies (7)

Kinja'd!!! "Textured Soy Protein" (texturedsoyprotein)
03/10/2017 at 17:10, STARS: 4

Hopefully a sign of the classic car market starting to correct its current ridiculous price levels.

Kinja'd!!! "Bman76 (hates WS6 hoods, is on his phone and has 4 burners now)" (bman76-4)
03/10/2017 at 17:10, STARS: 1

Or the market is actually finally stabilizing.

Kinja'd!!! "Highlander-Datsuns are Forever" (jamesbowland)
03/10/2017 at 17:16, STARS: 0

^^^This, lets hope that car prices come down from an area previously reserved for rare art.

Kinja'd!!! "SidewaysOnDirt still misses Bowie" (sidewaysondirt)
03/10/2017 at 17:21, STARS: 1

Bubble burst! YAY!

Kinja'd!!! "sdwarf36" (sdwarf36)
03/10/2017 at 20:24, STARS: 1

Could just be the car. only 57,000 kilometers on it and needed “significant restoration work “? Shock test car-is that 57 k in track miles? I’m sure there are more out there that have lead an easier life. 

Kinja'd!!! "Axial" (axial)
03/10/2017 at 20:52, STARS: 0

*Looks at link*

No F355s.

Also, that is one hella ambitious estimate for 360 Modena Spider. Lolno, dime-a-dozen car. And $140,000 low-end for a 328? Gimme some of what they’re smoking...

Kinja'd!!! "gmporschenut also a fan of hondas" (gmporschenut)
03/10/2017 at 23:47, STARS: 0

“The reports of my death are greatly exaggerated.”
I think the market is leveling off. If it crashes and there are 50k v-12 Ferraris again that would be awesome.