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1977 Porsche 911 Turbo

I am looking at a 1977 Porsche 911 Turbo at an auction this weekend and was wondering what would be the top you would pay for a car that is currently a rolling chassis? The engine and transmission come with it, but are out of the car. Non-sunroof car, silver on black.

From what I have been told the owner was going through a restoration process on the car, but he has passed, and now his collection is being sold as is...

Thoughts?
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1996 Porsche 911
2013 BMW 335xi - Wifes car
2007 4Runner - 4x4 for Colorado snow
Past: 1988 Venetian Blue 911 Targa, 1983 Black 930, 1984 Black 911 Coupe
Old 11-17-2011, 04:25 PM
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Brando
 
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You have a rebuild upcoming, and who knows what on the rest? I'd love to buy one like that though as long as it's complete.
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Old 11-17-2011, 04:30 PM
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What does a rebuild on the 3.0L turbo motors run these days? My 3.3L already had a top end when I bought it.
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Old 11-17-2011, 04:42 PM
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Quote:
Originally Posted by Garrison View Post
I am looking at a 1977 Porsche 911 Turbo at an auction this weekend and was wondering what would be the top you would pay for a car that is currently a rolling chassis? The engine and transmission come with it, but are out of the car. Non-sunroof car, silver on black.

From what I have been told the owner was going through a restoration process on the car, but he has passed, and now his collection is being sold as is...

Thoughts?
===========================================
Posted on November 3, 2011 by Sports Car Digest Stolen Porsche 930 Found After 23 Years

Porsche 930 Front 295x260 Stolen Porsche 930 Found After 23 Years U.S.
Customs and Border Protection (CBP) officers assigned to the Outbound Enforcement Team (OET) at the Los Angeles/Long Beach Seaport seized a 1976 Porsche 930 Turbo that was reported stolen in Las Vegas, Nevada nearly 23 years ago.

CBP officers discovered the vehicle after targeting and examining a container scheduled to be exported to the Netherlands. While querying the Vehicle Identification Number (VIN) information in law enforcement databases, CBP officers discovered that the vehicle was reported stolen on November 24, 1988.

CBP officers contacted state authorities who confirmed that the stolen record for the 1976 Porsche 930 Turbo was still active. On October 25, 2011 the vehicle was seized and released to those authorities for return to the insurance company who currently owns the title.

"CBP maintains an aggressive approach in detecting and intercepting shipments containing stolen cargo heading overseas," said Todd C. Owen, CBP Director of Field Operations in Los Angeles. "This seizure is a prime example of how CBP's outbound team combines intelligence, expertise and strategic targeting to recover stolen vehicles."

The seized vehicle's manifest was undervalued at $12,552 whereas CBP import specialists estimated the value of this collector's edition without its engine as approximately $27,552.

.................................................. ...............Seems to me it should be worth at least $30K+ based upon this article. Overseas buyers have upped the ante by a lot ( on the earlier 76-79 930's) in the last few years.
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Last edited by voitureltd; 11-17-2011 at 06:01 PM..
Old 11-17-2011, 05:55 PM
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Originally Posted by quattrorunner View Post
9k
You have a rebuild upcoming, and who knows what on the rest? I'd love to buy one like that though as long as it's complete.
Garrison: Let me know if you do not want it for twice that ( $9K), providing it does not have a mystery history( stolen) like the car mentioned in the article i posted above.
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Last edited by voitureltd; 11-17-2011 at 06:06 PM..
Old 11-17-2011, 06:03 PM
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Tony, I will let you know. Thanks
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Old 11-17-2011, 06:54 PM
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Having owned a 77 Turbo for several years, I would advise you not to buy a disassembled car for anything more than a few thousand dollars. Shop and find one that's in good running shape.
Old 11-18-2011, 03:32 AM
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Originally Posted by Tom F2 View Post
Having owned a 77 Turbo for several years, I would advise you not to buy a disassembled car for anything more than a few thousand dollars. Shop and find one that's in good running shape.
Are you considering selling yours? Maybe Garrison ( or I ) would be interested. Agreed, if you have to pay $60 plus an hour for labor to put it back on the road, it probably is not the car for you, however the short bell housing trans is worth more than a few thousand alone. If it been in an accident or driven in the salt and needs to be sold off in parts it is still worth quite a lot. Nice 76-77 that have been well restored or very nice original cars, if sold on the open market, ( if you can find one for sale ) have changed hands for big $$$ in the recent past. Also it can be a great experience to do the work yourself if you have the ability.
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Last edited by voitureltd; 11-18-2011 at 06:56 AM..
Old 11-18-2011, 06:36 AM
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Yes, I am probably being a little conservative on value. However, even working on the car myself, and I had a nice one, I was overwhelmed by how expensive these cars can get. The point is, if you want to drive it, find a nicely maintained Turbo, and keep up the same maintenance program after you buy it. This rule of thumb, which applies to all old cars, is even truer for Turbos.
Old 11-18-2011, 06:53 AM
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To an exporter this car is worth $18K, to a US enthusiast this car is only worth $9K. The only way you stay money ahead is to export it as-is. Restorable early (read exempt) non-roadworthy cars can be devalued which is attractive to an overseas buyer. To buy it as an enthusiast with restoration in mind can easily cost more than the final product is worth if done right.
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Old 11-18-2011, 07:12 AM
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Agreed, I am looking at more of a turn and burn idea on this car, if I do in fact purchase it. Keep the feedback coming.
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Old 11-18-2011, 07:18 AM
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To an exporter this car is worth $18K, to a US enthusiast this car is only worth $9K. The only way you stay money ahead is to export it as-is. Restorable early (read exempt) non-roadworthy cars can be devalued which is attractive to an overseas buyer. To buy it as an enthusiast with restoration in mind can easily cost more than the final product is worth if done right.
Also agree, however all I can then say to all is,,,,, if you have, or find find an early 930,76-79, the good, bad or whatever, and you think the price is wrong, let me know, I just might think differently and make a acceptable offer.
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Last edited by voitureltd; 11-18-2011 at 07:53 AM..
Old 11-18-2011, 07:46 AM
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Tony, like I said before if I do pick this up you will be the first to know.
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Old 11-18-2011, 07:48 AM
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I am in the middle of 77 rebuild right now. picked up the car April "fools" day last year and was sitting for at least 15 years, po not sure exactly. i've been doing as much work as possible myself, with major help from this forum and Waynes 101 projects book. On cost, I'm right around the ~$13k mark. Engine and tranny pulled both completely gone through with some mild upgrades, new tires, new Borla exhaust, ss brake lines, new gas tank, rear suspension. The car still needs paint, windscreen, dash and rear seats. However, she runs beautifully, sounds like a beast and every time i have an hour or so to work on the "cosmetics" i usually spend the time driving around. The car will stay in the family so i have no concerns on making profit and i want to keep as close to stock as possible.

Garrison, i'm out towards Evergreen. If you go for it and p/u up the car this weekend any chance i can convince you to let me come see it? Also interested on who's doing the auction...no worries on me stealing your deal - garage is currently full.

I've been working on a build thread with photos, notes, etc...maybe with the time off coming up I can get everything posted. Here's a photo of when we pushed the car on a trailer last year in Texas on our way to Colorado.
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Old 11-18-2011, 07:55 AM
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Steven,

You bet. If I pull the trigger you are more then welcome to come take a look. PM sent on the auction.
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Old 11-18-2011, 07:57 AM
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Tony, like I said before if I do pick this up you will be the first to know.
Thanks, winters are long here in Wisconsin and a worthwhile project is welcome to some.
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Old 11-18-2011, 07:59 AM
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I hope you can find your car soon, I know how you feel by your posts. I too would love to get one of those. I do have the engine and had a great time this past year building it but wish I had the whole package as now I worry about ripping up my 915/61. Good luck.
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Old 11-18-2011, 08:41 AM
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voitureltd
I hope you can find your car soon, I know how you feel by your posts. I too would love to get one of those. I do have the engine and had a great time this past year building it but wish I had the whole package as now I worry about ripping up my 915/61. Good luck.
Well now,this could be the one for you if it becomes available. Depending upon what is to be done, I could be also, however like most I do have limits of my ability to get it together so one that is just needing recommissioning ( or better yet, just a super detail ) is ideal however these are getting harder to find so the bar for what is available is a moving target.
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Old 11-18-2011, 09:11 AM
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I didn't get the car...sold for $14.4K
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Old 11-19-2011, 11:59 AM
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I didn't get the car...sold for $14.4K
How was it other than somewhat taken apart. Rusty, accidents, stuff missing or was it just tired and needed everything.
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Old 11-19-2011, 12:50 PM
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