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What's driving the spike in air-cooled Porsche 911 prices

Classic car prices have been racing skyward in general, but prices for air-cooled (pre-1999) Porsche 911s are ascending like they're strapped to rocket boosters. It's been going on for years, and every year people are surprised by how outrageous it's getting: Classic Driver covered it this month, as did The Truth About Cars who included this example of a "scruffy" 1993 RS America with 215,000 miles asking $80K; Mike Spinelli at Drive riffed on it at length last year along with a host of classic-car-market observers; Porsche forums were at it two years ago; and let's not even get into the 993 Turbo, going for prices so high you have to lie down to look at them. Speed Academy has run a piece looking at why it's happening, one theory being that regular-guy owners are hopping on the runaway-price wagon without any good reason. As in the example of that high-mileage, scruffy 911 RS America at Bring a Trailer, the owner sees pristine examples valued by Hagerty at $170,000, and even though the average value is $93,238 he thinks something like, "Mine's got to be worth half of top dollar ..." The tide - even one rising on air - makes it hard to find decent prices. Then there is the flood of money into the market. In spite of articles that try to temper investors' outlooks on collectible cars, other articles in places like the Financial Times and the Guardian promote vintage metal as a safe place to put money and reap astonishing returns. Speed Academy thinks one side effect of high 911 prices is that responsible enthusiasts are turning their attention to cars like the BMW 2002, E30 M3, and E9 3.0CS, saying their prices are "sharply on the rise." The entire article is worth a read since it goes into markets far afield from pricey German steel, but incredibly, the entire piece was actually inspired by a 1997 Acura Integra R that sold for $43,000 on eBay. So while this could be the best time to get into the classic car market if you know what you're doing, it is certainly the best time to do your homework. Related Video:

Junkyard Gem: 1992 Pontiac Sunbird convertible, with extremely rad W25 Appearance Package

Radwood has sparked a revival in the appreciation of goofy 1980s and 1980s automotive fashions, from neon-colored tape stripes to excessive TURBO badging to ads featuring horrifying Nagel-style women with radio faceplates instead of eyes. I see a lot of discarded cars that would have been ideal to bring to Radwood, and today's Junkyard Gem is even radder than, say, a purple Mercury Tracer Trio or a teal Chevy Beretta GT or even the elusive Dodge Daytona IROC R/T (yes, there were IROC Daytonas): a genuine Pontiac Sunbird SE convertible with the W25 Appearance Package and Bright White Star wheels. The W25 package got you a white Sunbird with kicky script badging, white wheels, and — if you opted for the optional 3.1-liter V6 — these candy-cane-influenced red-and-white displacement badges on the fenders. Now this is rad! The white interior got dirty fast, especially if the owner left the convertible top down, and these wheels were tough to keep clean for more than a few hours. This one appears to have spent many years sitting abandoned with the top down, judging by the completely trashed interior. The base engine for 1992 was the good old Cavalier four-banger, complete with 111 horsepower. This 3.1-liter engine made a respectable-for-1992 140 horses, for plenty of torque-steery, tire-squealy fun. As a J-Body car, the Sunbird was a sibling to the Chevrolet Cavalier in 1992 (the J-based Cadillac Cimarron, Oldsmobile Firenza, and Buick Skyhawk departed before the end of the 1980s). Starting in 1994, the Pontiac Sunfire replaced the Sunbird, continuing in production all the way through the demise of the J platform in 2005. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Where (in Canada) would you test-drive your Sunbird? Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Junkyard Gem: 2006 Pontiac Solstice

The debut of the Pontiac Solstice, back in 2005 for the 2006 model year, stirred up much excitement in the automotive world. Sales were brisk at first, and then they weren't so great… and then Pontiac itself went under The General's cost-cutting axe. One thing I have learned during my junkyard travels is that even sought-after sports cars eventually reach a point at which they start showing up in the big self-service junkyards. For example, the BMW Z3 began appearing in such yards about five years ago, along with the Audi TT. While the Honda S2000 still appears to be exempt from this process, today's Junkyard Gem shows that the time has now come for the Pontiac Solstice/Saturn Sky. The first Z3s and TTs I saw in the U-Wrench-type yards were crash victims, not worth fixing, and that's the case with this Solstice. In a few more years, I'll start seeing the occasional Solstice/Sky discarded due to general worn-outness. Someone grabbed all the undented front body parts and the transmission (these items, presumably, being valuable), but no junkyard shoppers have felt like pulling the non-turbo 2.0-liter Ecotec. The interior seems dirty, probably from exposure to the elements while sitting outdoors in this Colorado Springs wrecking yard, but not in bad shape otherwise. Perhaps the car's owner celebrated a return from Iraq with the purchase of a sporty new Pontiac, 13 years ago. These cars have an enthusiastic following, so I wasn't expecting to see a junked one so soon after production ceased. I felt the same way about the Chrysler Crossfire, however, and I found two of those last year. What's next, a 2002-2005 Thunderbird? This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Such optimism!