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Doug Market Report: Air-cooled Porsches? #shorts
Doug Market Report: Air-cooled Porsches? #shorts
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It’s unbelievable how cheap things used to be and how far they have come to this day.
I sold my r34 gtt early 2017 for 15.000 euros. Wanted to switch to an r34 gtr, they went for 25.000 euros. Before that I wanted to buy some project car which I’m stuck with to this day, wanted to finish it before I buy the other car. I regret it almost every week
$20 000 in 1988 is $52 000 in 2023. And that was for the most basic model they offered. Anything other than bone stock would set you back $40-60 000, which is $155 000 today.
@Mat Horsky you’re talking about the porches, rights?
@Michael Ehrmantraut Gaming yes. Original 930 prices from 1988
Can’t wait to taste that style of dip sauce. 🙂
Air cooled Porsches are the Nantucket of real estate markets.
except 964s
I wondered what device he used to make this content, is it Alpha iTyre14? 🤔😅🤭
They made WAY TOO MANY air-cooled Porsches for them to command these kinds of prices. The market has been artificially inflated.
The economy was strong and there was a ton of inflation but so many bought cars not to drive them or as investments and now there is deflation in the economy and values. Doug doesn’t really understand these company’s and individuals bankruptcy and bad loans take time but will keep making the economy worse. Expect everything other than 964’s to crash a significant amount more in value.
If only I had a crystal ball in 88, when I had $200
If only…
This dude alone inflates the market like crazy.
True 😂
I guess the lesson is to buy cool cars today that cost 20k and wait for 10-20 years
That’s been a thing for decades. Hard part is knowing which ones to buy.
@Gary The Cycling Nerd For sure, I think it was always true. And as for which one to buy, I think 3 things are important. There needs to be a recognisable brand, car has to be fun to drive and it has to be unpopular when it comes out
They have a billion 911s in warehouses in LA. The price has been artificial for decades
I read this as a drug market report 💀💀
It’s a lot like Biden saying inflation has fallen.
Just rev a liquid cooled porsche to redline and downshift (or better yet, engage R gear for race) and you’ll get an air cooled porsche.
I can’t be the only one who read it as drug market report.
My uncle sold his 964 for £15,000 in 2006. That same car would be worth well over 100k today.
Ouch
I cant wait for them do fall some more so I can buy a whale tail 930
Why can’t all Porsche owners just agree on selling their old cars for cheaper?
“When I was 16” Doug stated how much he doesn’t know about economy
Doug is the OG “word chewing” master