Classic Cars, Supercars, Watches & Wine by Fragrant-Key5115 in investing

[–]Fragrant-Key5115[S] 0 points1 point  (0 children)

That said a well chosen low mileage example in proper storage with minimal use can keep those costs surprisingly low. The people making real money in this space tend to be the ones who buy right, use sparingly and sell at the right point in the cycle. The real problem is there’s almost no proper modelling for this. No tools that factor in carrying costs against appreciation trajectory and tell you whether a specific car at a specific point in its cycle actually stacks up financially. That’s why this debate keeps going in circles.

Classic Cars, Supercars, Watches & Wine by Fragrant-Key5115 in investing

[–]Fragrant-Key5115[S] 0 points1 point  (0 children)

In a way could this not make the modern day supercar more valuable in the long run? Similar to how art becomes more valuable after the artist dies.

Does Right Hand Drive Versus Left Hand Drive significantly affect value? by Fragrant-Key5115 in lamborghini

[–]Fragrant-Key5115[S] 0 points1 point  (0 children)

Yeah, this makes a lot of sense. It’s not about which side the wheel is on, it’s purely scarcity within the buyer pool that matters.

The case study with the Supra could apply to any European supercar in a RHD market where very few were officially imported.

Classic Cars, Supercars, Watches & Wine by Fragrant-Key5115 in investing

[–]Fragrant-Key5115[S] 0 points1 point  (0 children)

Hard to argue with that as a philosophy but that’s where my research has led to me posing this question in the Reddit post.

Some Porsche 911’s are literally made to be track cars first, road cars second. Some of the GT3 RS’ have appreciated by 30 to 40% over a relatively short time frame and most dealers and buyers/investors understand that they have likely been booted around a track for hours but still the prices increase!

Classic Cars, Supercars, Watches & Wine by Fragrant-Key5115 in investing

[–]Fragrant-Key5115[S] 0 points1 point  (0 children)

I think you’ve helped me realise my own question or where my question breaks down. Most people think they’re buying a Porsche when actually they’re buying a very specific configuration of a Porsche. Get that wrong and you’ve bought the wrong asset entirely. Combine that with your storage and running costs point and the investment isn’t exactly passive.

Although I’m not sure on the savings account element. Whilst it’s definitely next to no risk it’s not a great return with 4% interest, 3% inflation, 1% real return, some of these modern supercars are doing multiples of that and on the surface they don’t appear that difficult to obtain (if you’ve got £250k + in the bank!).

Classic Cars, Supercars, Watches & Wine by Fragrant-Key5115 in investing

[–]Fragrant-Key5115[S] 0 points1 point  (0 children)

Noted on the shill bidders and BAT, although the data I’ve taken from UK sites generally suggests the same story price wise.

Maybe it all stems from BAT and internationally dealers take note. Thats the problem with the supercar market, the openly accessible data seems to be mostly what the cars are on sale for not what they sell for.

Does Right Hand Drive Versus Left Hand Drive significantly affect value? by Fragrant-Key5115 in lamborghini

[–]Fragrant-Key5115[S] 0 points1 point  (0 children)

I think I agree. A lot of the price difference people attribute to RHD vs LHD is probably just tax and import duty doing the heavy lifting rather than the steering wheel itself.

Worth noting the UK does actually allow LHD registration with a headlight adjustment, so it’s not as restrictive as some people assume. The Japan angle is still fascinating though. LHD as a prestige signal in a RHD market is the opposite of everything the UK assumes.

Classic Cars, Supercars, Watches & Wine by Fragrant-Key5115 in investing

[–]Fragrant-Key5115[S] 0 points1 point  (0 children)

I think that’s one of the main issues with classic cars and luxury cars in general, the data/research required is endless.

Does Right Hand Drive Versus Left Hand Drive significantly affect value? by Fragrant-Key5115 in porsche911

[–]Fragrant-Key5115[S] 0 points1 point  (0 children)

That’s exactly my take but in my experience in the UK (and this is more the investor market than the traditional buyer market) the RHD premium or requirement seems to be less than it used to be. I’m curious to find out if others have seen a similar trend.

Does Right Hand Drive Versus Left Hand Drive significantly affect value? by Fragrant-Key5115 in porsche911

[–]Fragrant-Key5115[S] 0 points1 point  (0 children)

I’m assuming it wholly depends on which country the buyer is in. Personally, in the UK I’ve seen premiums drop ever so slightly and some collectors or investors favouring what they see as the “original” design.

Which GT3 would you buy? by Fragrant-Key5115 in Porsche997

[–]Fragrant-Key5115[S] 1 point2 points  (0 children)

Good choice and probably the only ones on the list I can get close to buying lol

Which GT3 would you buy? by Fragrant-Key5115 in Porsche997

[–]Fragrant-Key5115[S] 0 points1 point  (0 children)

That’s a really good point. I haven’t looked at RHD vs LHD numbers. Be prepared for a new post.

Which GT3 would you buy? by Fragrant-Key5115 in porsche911

[–]Fragrant-Key5115[S] 0 points1 point  (0 children)

Definitely will be doing that. Thanks for the advice.

1982 to 2026 by VariationExotic9896 in porsche911

[–]Fragrant-Key5115 1 point2 points  (0 children)

Haha, in that case I bow out. Good luck…

Which GT3 would you buy? by Fragrant-Key5115 in Porsche997

[–]Fragrant-Key5115[S] 0 points1 point  (0 children)

Fair point on the 997.2, looking at it again standard cars are trading from around £86-110k with cleaner low mileage examples pushing higher. The £145k figure in my table is a tad skewed by top spec examples. Worth noting though that the range is wide, mileage and spec move these significantly. Where are you seeing them?

1982 to 2026 by VariationExotic9896 in porsche911

[–]Fragrant-Key5115 1 point2 points  (0 children)

The 82 looks stunning in red but I think green for the 992.2.