Outrageous porsche price?

The used market for desirable Porches can be irrational to downright crazy, and this Flachbau is about as desirable as you get for the air cooled 911s. That said, the price seems high for the mileage, not crazy high but high. Then again when we bought our 911t, there was a GT3 RS being prepped that was purchased for $150k over sticker....
 
what's so special about them? Other than the horizontally opposed mid engine which is kind of unique. I think it's a mid engine, maybe not.
Rarity, performance for the time, its a "Widowmaker", great drivers and vintage Porsches, heck most of them, are relatively painless to own for their capabilities.
 
Some folks saw 1995 as the end of an era, when the 911 went water cooled. The value of the air-cooled cars started climbing then, and now these rare ones are in the stratosphere. Slant noses are cool, (when they're the real factory steel units) but was never my great 911 love. A 930 Targa is where it's at for me. Gotta say if I was a lottery winner, price would be no object. These cars are legendary performers in the right hands, and I've always loved them because they're so unique and consistently managed to pull off supercar performance with only 6 cylinders. Think Yellowbird, the other Ruf cars, and more recently, Singer, who does fabulous things for old, tired 911s. Which reminds me, I gotta get lottery tickets tonight. 😅
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True story: a co-worker bought a used Porsche 928 (https://en.wikipedia.org/wiki/Porsche_928 . I helped him fix some issues such as the retractable antenna that was not retracting by replacing the small belt. One day the car's HVAC cabin fan would run at full only. I noted that the fan's resistor pack was bad. We went to the the Porsche dealer: $90. Walked across the parking lot to the BMW dealer. Same part was $35.
 
that thing was $100k brand new 36 years ago according to the net . $100k back then bought you a nice home. not sure how many of them are still on the road, but usually as time goes by there are less and less.

if you gonna buy it as an investment then the miles are little high . but for a driver then mileage is les of a concern.
If you had 100k in the S&P in 1989 it would be worth $4,365,307.80. So I guess it would be a terrible investment. Cars are terrible investments never mind factoring maintenance and insurance costs.

https://www.officialdata.org/us/stocks/s-p-500/1989?amount=100000&endYear=2024
 
Back in the Miami Vice days I went to World of Wheels at Miami Beach Convention Center.
It was 1985 or 1986.

There were so many 930 and 935 on display along with 959, custom Gemballa Porsches,
Lamborghini Countachs, Ferrari GTO , F40, Testarossa, etc…. Classic American muscle cars, Shelby Cobras, Corvettes, etc…AMG Hammer, BMWs, Lotus, Vector Twin Turbo, etc..

I wish I could go back in time and see those cars again.
 
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