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The other thing is Porsches aren't anywhere near as rare. Until very recently, Ferrari limited worldwide production to 7000 total units (now it's 9000). Histo
by MrFoof 9y ago
The other thing is Porsches aren't anywhere near as rare.
Until very recently, Ferrari limited worldwide production to 7000 total units (now it's 9000). Historically that was limited to demand (being unable to SELL 7000 units). Porsche sells about 20 times as many vehicles, so they're far less rare. Porsche sells more 911s in the US every year than Ferrari sells all its models combined worldwide, and has recently pushed 911 #1,000,000 out of the factory.
That's actually why we are in a Porsche bubble. It's difficult to get into very old Ferraris, Alfa Romeos, Lamborghinis, and other special cars of bygone eras because they've gotten too expensive. Collectors simply moved on to the next best thing -- Porsches, which also have very reasonable running costs in the scheme of things. The non-survivors are mostly transaxle cars and older Cayennes.
The Porsches worth good money are top-shelf performance, end of an era, rare as hell (< 500 produced/surviving), and/or have pedigree. The rest are nice cars with great dynamics and build quality (a few exceptions aside), and there's enough to satisfy demand. Modern stuff lives in a bit of a bubble as supply was less than demand, but usually that settles down after a few years when the "latest and greatest" that everyone wants comes out. Supercars and limited production top-shelf stuff aside, it'll be 30+ years before anything newer than 30 years really appreciates, and I say that having an odd one that is currently trading hands for 10-15% more than I paid for my custom order (new) 2 years ago (but I'll never part with it).