The UNDERGROUND Porsche market you never knew existed!

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Published 2024-02-21
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Doug from @switchcars shares the reality of the Porsche market behind the scenes.

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All Comments (21)
  • My dad was a Porsche owner and when he died I got to meet Jerry Seinfeld because he wanted to buy one of his cars. That's how crazy Porsche community is.
  • @Commacal
    If any of you have the pleasure of dealing with Doug, he's exactly like the video. Honest and straight up. Bought my gt3 from him last year, called him and told him I wanted a 997.2 gt3 and he said he had one. We made the deal and it was easy as can be.
  • @davelavigne2133
    You are describing the real-estate market. "Keep it secret to keep my value". When information is made public your talents and special abilities are diminished. Signed Travel Agents of the 1990's
  • @YouOnlyIiveTwice
    Watching videos like this at my job is why I'll never make enough to where I could ever even own a Porsche in the first place.
  • @85priesty
    I love the fact that absolutely wrecked unnafordable supercars are widely known as an "Ed Bolian Special" haha
  • @CabiglioGarage
    The 917/30 mentioned sold for $3,000,000. Not sure why you said it did not. You are correct about the car not actually being raced by Mark Donohue and only being finished in that livery, but that was all public information and written in the catalog.
  • @Phil99six
    Doug’s rule: The car you are selling is worth less than you think The car Doug is selling is worth more than you think
  • @sundeepubhi
    Ultimately, the market decides. Anyone can build a case for some car being more / less in value, however the true cost is whatever someone is willing to pay for it.
  • @obyafy1
    Underground Toyota Yaris market : AM I A JOKE TO YOU
  • @sprolyborn2554
    Thats true for every used market. The best deals are NOT advertised anywhere. They are word of mouth. They are knocking on the door and asking about the boat or whatever else in the backyard. The internet only hosts the highest priced examples. The real market is always less than what the internet implies.
  • Private transactions will always by a mystery to most people. Bat and RM results are still amazingly accurate for the bulk of the market. Not surprising that people want rare colors as that is what will always sell well. Rarity is king…for any collectable car. The whole car market overall is still cooling. Even GT3 etc are not immune to economics. It just takes longer to impact Porsche owners as they have the disposable income to buy investment grade cars in cash. Don’t have to care about interest rates
  • @slicemadice
    Seeing this 5:06 GT2RS Sonderwunsch painted in Urban Bamboo Chromoflair in person at Dream Ride was surreal, the color shouldn't even exist it's so unique
  • @pas-kv8ud
    “The market is crashing! Except for my cars.”
  • @bravobrk
    One thing I noticed he never mentions Cars and Bids as an auction site. He will rattle off a bunch of different ones but will not mention the newest one on the block.
  • @GearheadDaily
    Doug is the very knowledgeable guy. Thanks for the info Doug!
  • @Kakoriat
    I really, really want a 997.2 GT3. Back in 2018 when I bought my 987.2, I could find a nice one for around $100k, thought to myself ok, in 4 years I’ll have the Cayman paid off and I can afford to upgrade into my dream car. Then COVID prices happened and that same car went to $150k in 2022, just out of reach again. I know they’ve only continued to increase since so it’s just keeps staying slightly out of reach. Damnit 😢 At this point it might be cheaper to be dumb and do a Mezger swap and make the 987 GT4 Porsche refused to make at the time.
  • @silhouette300
    I remember when Ed and John Temerian always said that manual LP640 is already 1 million dollars car and every collectors wants this model, and then open auction on Carsandbids LP640 blue manual for sale and sold for 710k to... Ed.
  • @rapid13
    It has taken me way longer than it should have to realize that affording the car is the easy part. Paying for maintenance is a whole other matter, and that’s why I own a Corvette lol!