If you are like me you often find yourself looking at the going rate of used sorts cars. Thanks to depreciation, someone that makes a decent, but not huge, income can drive a car that when new would be well out of reach.
Recently, I’ve been looking at getting a 997 generation Porsche 911 Carrera. The going rate for a well maintained car in the 2008 model year is in the $25,000 – $35,000 range. This is for a car with between 60,000 and 90,000 miles on it (obviously, you pay less for higher mileage examples).
In a recent episode of the popular YouTube channel, Hoovie’s Garage, the topic of why everyone currently over pays for an air-cooled Porsche 911 came up. The 1985 911 Carrera 3.2 that was purchased in the video cost $38,000.
Many folks think we could be in a classic car bubble, which (if true) would mean that the same car may soon be worth a few thousand dollars less. Over the long run the classic 911 won’t loose money, but it is possible that the market could dip for a bit.
I was recently approached by a coworker asking if I knew if a taller person can drive a Porsche 356 comfortably. He is about 6’4” tall and enjoys motorcycles and wants to get into sports cars. He is hoping to purchase a classic 356 coupe.
He mentioned that he wasn’t sure if such a small car would fit him. He knows that I’ve had the chance to drive all of Porsche’s modern sports car lineup and that my daily driver is an early Porsche Boxster. His opinion of the Boxster is that he definitely couldn’t fit into it, but this is all based on the outside appearance and not sitting inside.