It all started with the dream of building the perfect sports car.
“I looked around and could not find the car I’d been dreaming of: a small, lightweight sports car that uses energy efficiently,” Ferry Porsche said. “So I decided to build it myself.”
In the late 1940’s, Porsche did exactly that – beginning with the Porsche 356 and continuing with a lineup of luxury vehicles that have quickened pulses and captured imaginations for generations ever since.
So now you have newfound wealth thanks to Steemit.com and are looking for a classic car that will not only keep its value but also appreciate in value as time goes on – you really should consider investing in a classic Porsche.
Signature Style and Power
From the retro, funky styling of a tiny 914 to the sleek, spacious lines of a Cayman, there is simply no car like a Porsche. It’s signature designs and powerful performance have made Porsche a leader in luxury sports automobiles. The look of its beautiful styling and sound of its powerful engines makes heads turn.
Whether you’re a classic car aficionado or a casual admirer, it’s natural to turn and look when someone pulls up in a gorgeous Porsche 928 S4 with its five-liter V8 engine and pop-up headlights.
Comedian and sports car aficionado Jerry Seinfeld put it best on an episode of “Jay Leno’s Garage” when he described the Porsche as “the essence of sports car perfection.”
"There's no stupid lines on a Porsche that don't make sense,” Seinfeld said.
In addition to looks, when you test drive a classic Porsche, you know to expect tight handling and white-knuckle power that will knock your socks off. There’s a reason that they’ve remained one of the top luxury sports car manufacturers for nearly 70 years.
New Today, Collectible Tomorrow
From the 911 Turbo to a beautiful Boxster, the market for used and classic Porsches is hot. So hot, in fact, that a 2015 article in The Sydney Morning Herald deemed vintage Porsches as “the latest blue chip investment.”
Fueled by “guys who were kids in the 1980s,” the Herald points to the generation for whom a vintage Porsche was the ultimate poster car. Now that they’re old enough to go out and find them, they’re doing so – driving up values and the popularity of classic Porsches.
For example, the article reports that the 1974-77 Porsche 911 beat out its competitors by increasing in value the most out of any classic car in 2015. When you invest in a classic Porsche, you’re stepping into a vehicle that’s valuable today...and will increase in value and be highly sought-after tomorrow.
The Surge Continues
The popularity of the classic Porsche has continued into 2017, according to GQ. The Boxster 986 made its list of “The Best Classic Car Investments You Can Make in 2017.” Their advice? Go for a vehicle that’s low mileage and has been treated well. You’ll enjoy driving it and stand a good chance to make money in the process.
Now that you have a list of reasons why you should invest in the car you’ve always secretly wanted, what are you waiting for? Go out and get it!
Congratulations @motormouth!
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Awesome post, I love classic Porsche sports car. The 911 turbo is my favorite, maybe with an RWB kit?
Porsche is a wonderful car, the prices not so wonderful.
Many classic Porsches are known for appreciating in value like crazy.
Really amazing car 😊 cool ride
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Cool post. Funny anecdote regarding Porsche prices. Around 2014 a friend and fellow gearhead and I decided to pool money for a reasonably priced Porsche more with the thought of using it and having fun than making money. Back then the 996 turbo had reached its absolute low in terms of prices on the Euro market and you could grab one for around 20k.
We didn't pull the trigger and time moved on. Around 6 months ago I met up with him and we got talking Porsche again. We checked the 996 turbo prices at auctions and on online markets - not a single one could be had for less than 65 grand!!! I call that A-precciation.
Only thing it taught us is to time the prices right with older gen 911s cuz the cycles are always the same.