That Escalated Quickly

Kinja'd!!! "merged-5876237249235911857-hrw8uc" (merged-5876237249235911857-hrw8uc)
08/14/2019 at 14:49 • Filed to: None

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Went from $42k to $66k in less than an hour.  Wow.


DISCUSSION (10)


Kinja'd!!! lone_liberal > merged-5876237249235911857-hrw8uc
08/14/2019 at 15:00

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It’s not a bad starting point for a project but that price is insane to me. I thought the Porsche bubble had started to deflate but I guess not. 


Kinja'd!!! davesaddiction @ opposite-lock.com > merged-5876237249235911857-hrw8uc
08/14/2019 at 15:01

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Kinja'd!!! Nick Has an Exocet > merged-5876237249235911857-hrw8uc
08/14/2019 at 15:02

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$ 66k is nothing when you’re spending $1M+ on a restoration - that’s really what is screwing up the price on these.


Kinja'd!!! farscythe - makin da cawfee! > merged-5876237249235911857-hrw8uc
08/14/2019 at 15:20

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Kinja'd!!! TorqueToYield > merged-5876237249235911857-hrw8uc
08/14/2019 at 16:15

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Is that (red stuff I assume is) fiberglass original to the car?

Seems weird.

I know nothing of old P orsches though.


Kinja'd!!! gmporschenut also a fan of hondas > Nick Has an Exocet
08/14/2019 at 20:05

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Nowhere near a 1mil. 100k, maybe 200,


Kinja'd!!! Nick Has an Exocet > gmporschenut also a fan of hondas
08/14/2019 at 20:45

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I don’t know. It depends where you go. A lot of these nuts are doing $60k engine restorations. Add the gearbox, interior, body repair , unicorn flake paint, etc - you’re sniffing at $1M. Add some kind of genius who decides to try and source as many OEM parts as possible, and you’re there. 100-200k is american muscle restomod costs.


Kinja'd!!! gmporschenut also a fan of hondas > Nick Has an Exocet
08/14/2019 at 21:27

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A 356a cab is worth like 200 -300. 300-400 are speedsters which are a bit more desireable .

If it was a “pre A” or bonkers 4cam it could be worth over a mil. but that owner would be moron dumping that much for a regular model. 


Kinja'd!!! Nick Has an Exocet > gmporschenut also a fan of hondas
08/14/2019 at 21:35

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I spent yesterday at Monterey Car Week. Money doesn’t buy brains ;)


Kinja'd!!! gmporschenut also a fan of hondas > Nick Has an Exocet
08/14/2019 at 22:02

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That is also correct. At a PCA event, a guy who buys/sells porsches was describin the market and the 356 was one that is in a reset  back to reality.