Yeah, I think we all seem to buy/sell/trade our way up the ladder. I sold a 40k-mile absolutely beautiful perfect (seriously - no flaws) w126 500SE and a documented one-of-five-ever-built 2.3-16v AMG so I could raise the cash to buy a one-owner 1969 911S Targa. That Porsche has tripled in value in the 2.5 years I've owned it. I won't sell it.

The 1966 w111 Cab came around me in 2001 and it was pretty cheap compared to the prices of today. I always wanted a 3.5 Coupe and I'm still hot after the one my father bought in 1971, but I won't sell anything to get that one. Once again, I won't sell the w111 Cab because I love driving it and it keeps going up in value anyways.

These price increases make me (a) fortunate that I got a couple of real good ones while I could, and (b) want to keep them a long time because I really like them and because there isn't much left to trade up to.

I liked the article - I regularly hear about price bubbles in the Porsche world, and I'm generally unconcerned. I own what I like and I weekly drive what I own. I also don't think there is a bubble coming - classic cars may be a little fad-ish right now, but I think there's a core underneath all of that which will keep the collector car hobby, and similarly the good cars, going for decades to come. And since you can't buy a 2014 anything and keep it forever, if you want to keep something cool around forever, it better be classic. I have two boys (ages 11 and 9) and I have two classics that will be completely unaffordable to them when they're in their 30s; I'll give them mine. Good estate planning...

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- Brian


1989 500SEL Euro
1966 250SE Cabriolet
1958 BMW Isetta 600