Where are G50 3.2 prices at the moment?

[Gawsworth]

What's the view on late 3.2 prices at the moment.

[vpr]

Gone mental

Is anyone actually paying 40 bags for one?

[g7jhp]

Watch the bubble!

And the rust bubbles!

[Crimp a Length!]

Depends on condition.
Pick a rough one up to enjoy for around 12k (targa)
Then there are silly chancer prices at 30k+

I've just sold an absolute stunning car low miles and near concours condition for 26k, late G50 coupe
Think the prices are at the top at the moment and the bubble will burst on all classic cars before long IMO of cause.

[rubystone]

Crimp a Length! said:

Depends on condition.
Pick a rough one up to enjoy for around 12k (targa)
Then there are silly chancer prices at 30k+

I've just sold an absolute stunning car low miles and near concours condition for 26k, late G50 coupe
Think the prices are at the top at the moment and the bubble will burst on all classic cars before long IMO of cause.

Mid tier cars yes...360 CS, 964 RS...but Lussos and 2.7RS are proper investments. Everything else is chasing the true classics...when people consider a 3.2 or 308 to be worth 40 large, the world has gone mad.

[g7jhp]

Crimp a Length! said:

Depends on condition.
Pick a rough one up to enjoy for around 12k (targa)
Then there are silly chancer prices at 30k+

I've just sold an absolute stunning car low miles and near concours condition for 26k, late G50 coupe
Think the prices are at the top at the moment and the bubble will burst on all classic cars before long IMO of cause.

And this is it. Lots of people see a mint low mileage car at a price and put their car up for similar money. It only takes one of these poorer quality cars to go for inflated money and everyone thinks that's the market price.

It's amazing how many tired cars have hit the market.

The cost of restoring 'cooking' SC's, 3.2's, 964 and 993 to a high standard can be considerable, so still a car for the committed enthusiastic rather than an investor.

[IMI A]

I'd been looking for a nice honest 3.2C for ages. Not long ago almost had to fork out £30k+ on a new engine for my turbo after Porsche refused a warranty claim. As soon as this was settled in my favour I popped down to have a look at this. http://www.silverarrows.co.uk/1989%20carrera.htm

It was very very expensive but straight original panel car and had the wider 9 inch fuchs wheels at the back which cost a fortune nowadays and sports seats. For a black car the paint was also reasonable. It had also had a top end rebuild so no large expenses looming and no rot anywhere when I removed carpets and rubber seals. Quietly bought it without even haggling. Its not an investment as I plan to keep it forever and use it on nice bright high days as much as I can. Funnily enough also looking for a 308 or 328 as love these too. 930 turbo, 993 turbo, 512 TR and F355 also on my list of cars but who knows all these cars prices are now firmly in the stratosphere. I hope prices do crash but do not think they will as there aren't many GOOD cars left out there. Wish I'd bought them ages ago. Reason for buying the 3.2 was that I had a go in an acquaintances 73 2.7RS and was totally smitten. Forgetting numbers built etc the 3.2 is the closest I'm going to get to driving a 2.7RS. Its heavier, torquier and the engine doesn't rev as nicely as a 2.7 RS but so what for my comfortable build (fat bd) the 3.2C is a far better proposition.

Forgetting build numbers if you buy the car to drive it the 2.7RS is ridiculously overpriced compared to a sorted 3.2C or SC.

[IMI A]

rubystone said:

Crimp a Length! said:

Depends on condition.
Pick a rough one up to enjoy for around 12k (targa)
Then there are silly chancer prices at 30k+

I've just sold an absolute stunning car low miles and near concours condition for 26k, late G50 coupe
Think the prices are at the top at the moment and the bubble will burst on all classic cars before long IMO of cause.

Mid tier cars yes...360 CS, 964 RS...but Lussos and 2.7RS are proper investments. Everything else is chasing the true classics...when people consider a 3.2 or 308 to be worth 40 large, the world has gone mad.

As an aside the low miles yellow fibreglass 308 at Nick Cartwright was on at £110k. Think it sold first morning it was advertised and not surprised that car is like new.

[Technomad]

I just had to reluctantly pass on a newly restored '89 3.2 that I had first dibs on - needed the liquid assets for new business. That was at a not unreasonable £25k with decent history and around 160k miles.

[rubystone]

IMI A said:

As an aside the low miles yellow fibreglass 308 at Nick Cartwright was on at £110k. Think it sold first morning it was advertised and not surprised that car is like new.

That's useful info, thanks.

[IMI A]

rubystone said:

IMI A said:

As an aside the low miles yellow fibreglass 308 at Nick Cartwright was on at £110k. Think it sold first morning it was advertised and not surprised that car is like new.

That's useful info, thanks.

thought you may be interested well done

[pcn1]

Anyone here old enough to remember the classic car bubble of the late 80's early 90's ?
1989 found me by a Florida port looking at lots of E-types being shipped back to to the UK to cash in. Some got burnt on that one !

[Type 49]

Ah those were the days. There was a chap I knew who restored e types and one job was to balance the webbers fitted to a v12 convertible. In the heady days of late 89 the seller expected a return of £60k and an immediate sale, just as the bubble burst, god knows what he paid but it sold for 19k 6 nonths into the crash and the business folded.

I have a rather nice 3.2 I am just completing, it is a cab not a coupe and as it appears to have lived in a garage for most of it's life I couldn't find any rust which left more money to spend on the also rather nice trim. It will be interesting to see what value the car will achieve, roll on spring and summer eh!

[rubystone]

Type 49 said:

chap I knew who restored e types and one job was to balance the webbers fitted to a v12 convertible. It sold for 19k 6 nonths into the crash and the business folded.

...maybe it lost money because someone had replaced the SUs with Webers?....

[vpr]

rubystone said:

Type 49 said:

chap I knew who restored e types and one job was to balance the webbers fitted to a v12 convertible. It sold for 19k 6 nonths into the crash and the business folded.

...maybe it lost money because someone had replaced the SUs with Webers?....

Or even replaced the Strombergs with SU's then swapped those Webers

[rubystone]

vpr said:

Or even replaced the Strombergs with SU's then swapped those Webers

Got me on that one touché . But you know what I mean!...

[vpr]

rubystone said:

vpr said:

Or even replaced the Strombergs with SU's then swapped those Webers

Got me on that one touché . But you know what I mean!...

Yeah....I know, simple mistake but I bet secretly you're kicking yourself..

[Type 49]

vpr said:

Or even replaced the Strombergs with SU's then swapped those Webers

What he said

[timlit]

BONKERS !!!

12k mileage 3.2 1988 at Merebrook in Cheshire for £69k !!

Looks a minter but wolud you want to drive it.

Too valuable to put any miles on.

Collectors museum, never to be seen again ?

[uktrailmonster]

It's hard to put a price on something like this. Condition of individual cars will cover a mahoosive range from rust-bucket to concours. As time passes by there are inevitably less and less original cars in decent condition and the cost of a full-on restoration can easily top £30K so it's hardly surprising to see top examples in this price range today whether mint original or fully restored. A rusty shed on the other hand should be worth next to nothing.

At the end of the day a C3.2 is a desirable classic car and there will always be some demand for an example in good condition. As they get older and less common, prices will climb. Sure there will be bubbles and falls along the way, but prices are generally only going one way. As they say, they're not making any new ones. If anything is going to crash and burn, it's the pure investment classics at currently stratospheric prices. Any change in the investment market could kill those prices dead and overnight too. But a cooking C3.2 will always appeal to an enthusiast who actually wants to drive the thing.