Have Porsche 911 (993) Prices JUMPED The Shark?

That does seem a steep ask. Then again, it isn't 'value' until someone pays for it...

As for the desirability of the Targa, it depends... I personally would not look for one but that's thinking like a new car buyer. As a collector, they might make the cut because the made so few of them.

Can you find out what the sale price it, if and when it sells? That will be more telling, especially if it goes to auction.

As noted, you're taking it a bit too literal.

If I inserted a piece of coal up your ass I am sure it would turn into a diamond in no time.

That's a Ferris Bueller reference but I am sure you'll go look that up too.

The title's used of the "jumped the shark" reference makes no sense. I believe what the poster intended can be be expressed using the expression "shot through the roof" or "skyrocketed."

Man, you're taking this way too serious.

It's simply a reference to something so great becoming ridiculous and beginning a downward trend.

More or less, it can be compared to Gartner's "Hype Cycle," for anyone familiar with the tech world.

According to: http://en.wikipedia.org/wiki/Jumping_the_shark

"Jumping the shark is an idiom created by Jon Hein that was used to describe the moment in the evolution of a television show when it begins a decline in quality, signaled by a particular scene, episode, or aspect of a show in which the writers use some type of gimmick in an attempt to keep viewers' interest, which is taken as a sign of desperation, and is seen by viewers to be the point at which the show had strayed irreparably from its original premise. The phrase is based on a scene from a fifth-season episode of the sitcom Happy Days when the character Fonzie jumps over a shark while on water-skis."

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I don't see skyrocketing prices as a gimmick intended to hold consumer's attention, or as a sign of desperation. It's just an example of a much desired, limited access product, in which demand outstrips the supply and thereby increase the purchase price dramatically.

Just my two cents.

My understanding of "jumped the shark" is that it means something to the effect of "gotten so ridiculous as to have lost all credibility". If that's an accurate definition then I don't see a problem with using it here.

Finally, a guy who gets it.

Thank you, JRob.

Yes, 911 air-cooled prices are a shocker. The first inkling I got of it is when I was in "Manhattan Motorcars" (the dealer for Lambo, Porsche, Bentley, RR, and some pre-owned classics) dealer in Chelsea, Manhattan about 2 months ago and they had a car similar to this one on their floor for $225,000.

I said to the sales guy .."are you kidding, somebody will pay that?" and he said the market for those was moving up. The Land Rover Defender market is basically the same, low-mileage, excellent condition are asking low-$100's. Its nuts.

Prices will stay there until quantities of used cars flood the market, which will push prices down. Bubble? Maybe. The 993 911 doesn't seem to have the makings of a collector car opportunity ...Rare? No... Beautiful..Maybe/No? Rare? No... Faddish? Yes..

Its like the muscle car run up of 10 years ago..a bit bubbly.

And yes, 00R incorrectly used the "jump the shark" reference.

Interesting to hear your experience at Manhattan Motorcars.

Good evaluation of the 993 market.

I am sticking to my guns on the reference ;)

Jump the shark is an adequate term to apply to anyone charging 250k for a 911 Targa. That's just as ridiculous as Fonzie jumping that shark.

The Euro has DROPPED almost 45% and is approaching par with the dollar.
And what has the price of Porsche done? P car have JUMPED $30% !

If you purchase a Porsche, the executives at Porsche are LAUGHING at the fools spending so much. Laughing at YOU Porsche buyers!