Nine years ago I paid $103,000 for a porsche (1996 Carrera 4S) , they are now asking $180k-230K
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And that's was only because the wife wouldn't let me buy a Turbo. Then $135K now $280+
or a GT2, then $250k, now $2M+ .. if you can find one.
The car has made more money than any property or shares I have. It's art, and art that is getting rarer.
I'm now an owner of a 67 Cooper S which I am currently spending big $ on getting back to original.
Just like Porsches, the Mini conjure up an automotive emotion and have an admirable race pedigree. Just on silhouette, most people will be able to tell a Porsche, VW Combi, VW Beetle and a Mini. They are definitely a piece of automotive history. All are heading north in pricing.
Rather than doubting the prices, I think we should be all congratulating those willing to hold out for those prices.
Rather than self deprecating your passion, I think you need to acknowledge it.
I can certainly see the value in a Fully restored, GENUINE, matching numbers Mini Cooper S, north of $45K.
........and stop chopping them up into Franken-Minis!!!
Im quite amazed such a comparatively modern porsche has appreciated so much in such a short time...