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Paul,

I never wonder if I don't get something. Never. That's like chasing your tail. let it go and be done with it. the one thing that got away from me was a 993 S4. I still want that today.

Old 10-09-2012, 08:36 AM
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I almost didn't get this car because I was too lazy to answer a newspaper ad...then figured I might as well go look because the ad just might be legit.
Kept it from 1974 until 2007.



Here's a pic taken of it last week...now it's in Istanbul


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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Old 10-09-2012, 08:48 AM
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Quote:
Originally Posted by pwd72s View Post
Too many people confuse "old" with "highly collectable" because of the name badge...

Still, it was worth the look. If you hadn't, you'd always be wondering..
Barrett Jackson and others haven't helped. Ignorant people see a numbers matching Shelby go for six figures and think their beater straight six Mustang is worth a fortune.
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Old 10-09-2012, 09:16 AM
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Quote:
Originally Posted by onewhippedpuppy View Post
Barrett Jackson and others haven't helped. Ignorant people see a numbers matching Shelby go for six figures and think their beater straight six Mustang is worth a fortune.
Truth. One of Cindy's many cousins has an old '55 Ford 4 door...straight 6, 3 on the tree with overdrive. She thinks it's as valuable as a T bird...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Old 10-09-2012, 10:16 AM
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Now in 993 land ...
 
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Well, we really expected that outcome. But you had to go look!

G
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Old 10-09-2012, 02:22 PM
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I'm selling one of my 66 mustangs to a pelican member for $800.. maybe I should raise the price 10k or so so we can haggle on the price
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74 911s

They laugh at me because I am different.
I laugh at them because they are all the same.
Old 10-09-2012, 04:43 PM
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Quote:
Originally Posted by pwd72s View Post

Here's a pic taken of it last week...now it's in Istanbul



Is that Evren? I thought he was a young guy?

Last edited by RWebb; 10-09-2012 at 05:12 PM..
Old 10-09-2012, 04:51 PM
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He was, before the Mustang this, Mustang that posts started up.

Jeff, that's too bad about the '66. But, you never know when you'll run across that golden opportunity.
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Old 10-09-2012, 05:05 PM
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Quote:
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Is that Evren? I thought he was a young guy?
Not Evren. That's the owner of the body shop there. Evren is having a '56 T bird restored as a surprise gift for his mother-in-law. That's it lurking in the shadows. Not just any '56 T bird. It's the same car Evren's wife threw up in as a child.

Evren's not 40 yet...but he's probably aging fast, managing a private equity firm that has over $1.5 Billion in assets...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Old 10-09-2012, 06:05 PM
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"Evren's not 40 yet...but he's probably aging fast, managing a private equity firm that has over $1.5 Billion in assets..."

Maybe he should have paid fair market value for an early S then. Would have been a decent thing to do to the previous owner imo.

$1.5 Billion is a high price to put on assets. I wonder what the value of them is though?
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Old 10-09-2012, 10:24 PM
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Do your own digging...the name of Evren's firm is Turkven. It is an affiliate of Advent International Corp.
My $1.5 Billion figure was gleaned from an article on Turkven in The Deal magazine. published on July 13th of this year...not one pulled from my butt.

I gave him a 1/2 price sale for reasons of my own. One of them was to be sure the car would never leave Turkish soil...thus keeping it forever out of the hands of the flippers...another is that we are friends.

I'm quite comforable with my financial situation in life. No, I'm not rich, but that was never my goal. I enjoy our low key lifestyle....and frankly, another $100K in our portfolio wouldn't change my life. Like I said, I'm not rich, but I'm sure as hell not broke either...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)

Last edited by pwd72s; 10-09-2012 at 10:48 PM.. Reason: spelling
Old 10-09-2012, 10:30 PM
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Wait, you sold your 911?
Old 10-10-2012, 04:02 AM
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When did you get a Bullitt Mustang?
Tell us all about it!
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Old 10-10-2012, 04:24 AM
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Old 10-10-2012, 08:23 AM
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Quote:
Originally Posted by onewhippedpuppy View Post
Barrett Jackson and others haven't helped. Ignorant people see a numbers matching Shelby go for six figures and think their beater straight six Mustang is worth a fortune.
That's quite funny but you do know many of these so called 'numbers matching' cars are NOT. (For discussion, I'm not talking of Shelby's but all investment level collector cars). This includes MANY sold at well recognized auctions.

I know for a fact and also of someone who exclusively researches these cars for a top car televised auction house. You would be surprised how many have been misrepresented, often innocently by the current owners selling them. These cars have been passed around at escalated auctions, collected trophies and so one begins to take it for granted. Highly encourage anyone chasing investment level collector cars (if thats the goal) to dig the records relentlessly.

To steer clear from a suit I'm not going to say what or whom, but even the AACA has awarded top National trophy winner to a BOGUS car. They were duped and the car now has high merit value.
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Last edited by intakexhaust; 10-10-2012 at 10:05 AM..
Old 10-10-2012, 10:01 AM
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AACA? What's that? Shows ya how much I'm into the collector car thing...not.

The more coveted by these types my old 911 became, the less I enjoyed it...

Thinking back, the June '95 EXCELLENCE article, with my car being one of the two featured, was the beginning of the end. Until then, the early cars flew pretty much under the radar...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)

Last edited by pwd72s; 10-10-2012 at 10:13 AM.. Reason: additional thought
Old 10-10-2012, 10:08 AM
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^^^ I hear ya! I do appreciate the work put into or of the maintained preserved correct, legite car but the valuation by speculation on some can take the fun away.

Yet, there are some really cool owners who graciously don't care of value as much, can afford them and drive them on the streets, road race, share the wheel, etc. for all to appreciate. I thank them!

My 71' T and 73' E are not missed today. Enjoyed them back then but not the headaches of high maintenance, weak mechanical's, rusting and all that BS.
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“When these fine people came to me with an offer to make four movies for them, I immediately said ‘yes’ for one reason and one reason only… Netflix rhymes with ‘wet chicks,'” Sandler said in a prepared statement. “Let the streaming begin!” - Adam Sandler
Old 10-10-2012, 10:24 AM
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Quote:
Originally Posted by look 171 View Post
I feel bad for pestering the old lady especially when she is my neighbor's friend. I almost feel bad for not buying.


"If you don't go, you'll never know."

Her car is worth about $3k, if it's bone dry including floors and never crashed with all original equipment. That is what it would get on eBay, with the largest pool of early Mustang buyers on earth by a factor of 1000. On autotrader or the local penny saver, same thing.
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In other news, a felon from Queens pardoned another felon from Queens this week.
Old 10-10-2012, 11:04 AM
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Quote:
Originally Posted by intakexhaust View Post
That's quite funny but you do know many of these so called 'numbers matching' cars are NOT. (For discussion, I'm not talking of Shelby's but all investment level collector cars). This includes MANY sold at well recognized auctions.

I know for a fact and also of someone who exclusively researches these cars for a top car televised auction house. You would be surprised how many have been misrepresented, often innocently by the current owners selling them. These cars have been passed around at escalated auctions, collected trophies and so one begins to take it for granted. Highly encourage anyone chasing investment level collector cars (if thats the goal) to dig the records relentlessly.

To steer clear from a suit I'm not going to say what or whom, but even the AACA has awarded top National trophy winner to a BOGUS car. They were duped and the car now has high merit value.
That doesn't surprise me in the least. The higher the value the further you get away from the common DIY wrench turning enthusiast, aka the guy who will lay on the dirty ground and look for block casting numbers then know what it SHOULD be.

It's definitely not the game I like to play, anything nice enough to be a valuable collectors item is probably too nice to drive, therefore defeating the purpose for me. Even once I get my Mustang to a point where I'm happy with it, I'll be shocked it it's worth more than $15k. Not that I give a damn, my now deceased grandfather had owned it since 1978 and I'll never sell it.
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Old 10-10-2012, 11:42 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #99 (permalink)
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Quote:
Originally Posted by pwd72s View Post

The more coveted by these types my old 911 became, the less I enjoyed it...

Thinking back, the June '95 EXCELLENCE article, with my car being one of the two featured, was the beginning of the end. Until then, the early cars flew pretty much under the radar...
words of wisdom there, Paul

luckily, my (1st) 911 was only on the cover of Auspuff ( a local rag) - I did sell it tho, and got something lighter that I could hack up in good conscience

--------------------------------------------------------

now in an attempt to segue back to the original thread...

I drove a white conv. old 'stang last summer - think it was a '66, could have been a '65...

it was a blast from the past... BUT very primitive

one thing I likie about the old 911s is that they are blasts from the past, but still not so primitive feeling that you cannot drive them frequently, even as a daily driver


Last edited by RWebb; 10-10-2012 at 11:54 AM..
Old 10-10-2012, 11:51 AM
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