Lowtimer wrote:
Why is it that so many people seem to feel that Porsches should be worth so little as not to be worth restoring?
It's a catch 22 scene regards the prices. We all wish they were valued higher, but then a lot of us may not be able to buy one.
So, why is the demand so low?
It's not petrol prices because peeps are happy using 4 x 4's.
Insurance costs perhaps?
Basically I think it's pre-conceived that they are expensive to run or repair. Okay parts may be expensive, but labour costs are about the same rate per hour. My local Ford place charge 80 + vat per hour. Just that some jobs on Porsche take about 3 times as long like clutch & cam etc... This is what I think keeps the prices down. Boxsters can also be picked up relativley cheap as well. Also, sports cars are renown for needing service more often... I think people haven't clicked on to the fact they can buy one and just run it at weekends. Loads of folks driving about in old cars now anyway....