You guys are dreamers. Just remember buying a 80k dollar car for 5k doesn't mean you are doing maintanence on a 5k car. Buying is cheap, maintaining is expensive.
BoxheadTim wrote:Matt B wrote: I'm not sure they'll ever go much below $20K anytime soon, but . . . NSX.I'm getting the impression that the prices on good examples are actually slowly creeping up.
Sigh, yeah. I remember when there used to be a fair selection going around $30K with a few early high mileage ones going closer to $25K. Now most seem to ask $40K.
After this months article, I am considering a 911. Either a 964 or a 996. Both are pretty cheap. Not sure which is the better car though. I would also consider a face lift RX8. I have already seen these in the high teens.
e30 touring (wagon) shipped in from Europe. So basically not waiting on the price range, just waiting on the 25 years.
Because an LSx-powered e30 wagon would be the cat's meow.
At some point, though, I'd like a 911 Turbo, more recent vintage. So I may be waiting a while. My second daughter will be finishing her 4th year of college in 19 years, so that's the countdown.
Here's my experience for waiting:
Example: A clean MR2 turbo has been a $7k car for the last ten years, however now they have 50k more miles and 3-4 previous owners' worth of baggage.
Supra Turbo? Should have bought it for half price 12 years ago.
E30s? I wish I had bought one for $4k, ten years ago.
E30-M3? Passed on one with 30kmi in '99 for $11k
If a car is worth having and you want it, dig a little bit deeper and go get it. Buy where the bang line and buck line intersect, not where the buck line is at the bottom of the curve.
I want a $5000 S2000. They're cheap enough to maintain, and they have a great power plant. I don't think they're going to ever be worth much, but I still want one.
Evo VIII. They're getting there, ones with the rear quarters all rusted out are going for under $10k now. I figure it won't be long before a third-owner car where he blew the clutch and has a lot of deferred maintenance will be under $2k.
^ I hope you're right!
I jumped on a 964 a few weeks ago - in some ways it was a financial stretch, but the bottom of the depreciation curve has come and gone and they're ticking up. I really didn't want to sit back in 10 years and say "I wish....".
E39M5's are similar - they're getting to low teens here for clean 100k cars. That's incredible.
Clown shoe E36/7
Lotus exige
Waiting for my S2 rx8 to go back up in price so i can feel a bit better (not mine but very nice sprit R none the less)
I've been lucky with this stuff. In 1993, I bought a 68 mistang fastback with a 6cyl.for $300 I drove it briefly, added a set of Torque Thrust mags to make it look more like the car from BULLITT, and in 1994, traded it even for a 1986 Porsche 944 turbo. I recently (2009) sold said turbo & bought a 1997 Boxster. So did I pay $300 for a Boxster? I've done a ton of mechanical work to said Boxster, bit it's been very DIY friendly
I fully expected this to be 68 posts of Exige S w/ track option. That is my answer but I'll include the 997 GT3-RSR on the odd chance my price range goes up by several 10s of thousands of dollars while I'm waiting.
I hope I get as lucky when I go looking for my Cayman S. I've got some old air cooled VWs that I can hopefully get good money for, and hopefully I can find a cayman that needs motor workforce under$10k
first gen scion Xb for the wife. in purple, with an auto.
she still wants one. has since they were new. getting closer to affordable.
Sky_Render wrote: I'll just drop an LS3 in it. Isn't that the solution to everything?
The engine isn't the problem, it's the ultra-complicated drivetrain. Same thing goes for anyone who wants a later Evo.
And the Tesla will never depreciate that much because so few were made, but even if it did you'd have to fit a new battery. It'll be a lot cheaper in the future (and lighter too) but it'll still be a big chunk of change to lay down with the purchase of the car.
singleslammer wrote: After this months article, I am considering a 911. Either a 964 or a 996. Both are pretty cheap. Not sure which is the better car though.
The 996 is a steal, but a bit of a maintenance timebomb. I'd totally rock a 964, but have never been a fan of the huge rear bumper. Any 911 fans know if there is a kit out there to make a 964's rear end look more like a 993?
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