I've been saying for years that the Testarossa market is going to take off. Sadly I didn't have the cash to buy a few when they were $35k.

Bought my SC in 2005 for $15k. Sold it Jan 2013 for $13k.
Why doesn't my stuff ever go up in value???

I think we had a drop in 911 prices for a while, but barring a really serious dip in the economy, I don't think they are going to go back to gift prices.

The Boxster is the new entry level Porsche. The 911 is an iconic classic with a lot going for it. Absurd prices aside, this is the new market. Some people may still be struggling, but there are plenty of people with real money. There are only so many air cooled cars in the world.

Even the lowly Fiat Spider is rising in value. Don't forget, the 74 911 is emissions exempt in California, no matter what engine it came with. That means PMOs and twin spark heads if you wish.

Crazy pricing of a few cars on the National market only makes a 40,000 dollar car seem more reasonable. People who paid good money for good cars before the recession have hung on. They are unlikely to give their cars away now.

Pretty much any car that's not a boring econobox throwaway is going up in value it seems. Thinking about an older MGB and getting rid of one or both 944s myself... ;)

No so sure. The text below was added to the auction. I wonder if "US Carrera" automatically implies 2.7 RS engine. Just seems odd that he wouldn't stress that.

Seller's thread from earlySregistry: FS: @eBay - my 74 US Carrera


"UPDATED 10.17.14 @ 1:19PM PST

Thanks for all of the compliments and inquiries.

I wanted to add some additional information to answer some commonly recurring questions:

1. I have put a bunch of photos of Olive into a dropbox, as eBay only allows 24. There are additional car interior and exterior photos, engine compartment photos and also photos of the Panorama Article. eBay will not allow me to insert the link, as it says it does not allow non-clickable links. Therefore, just message me and I will send you the link to DropBox.

2. International Shipping: I am perfectly happy to assist in shipping of the vehicle (at buyers expense) and will include having the car professionally transported to the Port of Oakland for those of you looking to ship the car. It is approximately one hour from my home.

3. I reserve the right to end the auction early

4. The chain tensioner upgrade was done during my ownership (as well as a full leak down test and replacement of anything else the car needed, once I owned it). I have all documentation from this and also will include the original covers that were oiled and put in zip-lok bags at the time of the upgrade.

5. I am not a dealer or in the automotive business. I have several early 911s and take very good care of them. I am a member of PCA, RGruppe and EarlyS Registry, so many people have seen Olive.

6. I have really enjoyed talking to several of those bidding (or I guess considering bidding!) and welcome any and all questions. I really love this car and want it to go to a great home.

7. In fairness to everyone involved, I have replied the same way every time to the question "what is your cash price to buy the car now?" My response is that there in auction running and although I am always open to offers, I will not be naming a price.

8. The car is available to be seen by appointment."

Then there is this & this. It's a CIS car. Those bids are simply ridiculous.

http://forums.pelicanparts.com/porsche-cars-sale/834357-74-us-carrera.html

https://www.dropbox.com/sh/jfihrxvz6zw9i2g/AAAr9fk6arfLsEq0oBgv8wCPa?dl=0

Let me start by saying a no expert in this, but........

I think this Carrera is being described truthfully and not trying to scam anyone, unless the documentation doesn't apply to the car for sale, highly unlikely as surely if you're going to drop this amount of money on the car, you'll do your due diligence.

He is clearly selling a US Carrera which this VIN indicates correctly, which would come with the 2.7 911/93 engine (175hp). The RS engine on the Euro version is the desirable 911/83 engine (210hp)

If I am incorrect on this info, please correct me, as I'm reproducing from the VIN's in the Redbook.

I have no idea on value of these cars what so ever, so glws to the owner is all I can say.

It's definitely not a scam. But it is clear that the 911 market has left me in the dust if a CIS car can fetch over $100K. The 996 headlights are looking better and better every day.

It seems the short hood MFI cars fetch at least twice what this one has bid to.

I don't see it as a scam in any way...but I don't believe the bidders will actually pay that price. I was looking at a mere $20K '76 on Ebay last night and the seller stated that he had sold it 3 times already and relisted when the buyers didn't come though.

I wish the guy luck though. Hope it makes my cars more valuable.

The Carerra is not some ordinary mid-year shorthood. These cars have been going for eye-popping prices the past two years. The fact that they are now over $100k is not surprising at all.

The mid-years that were trading hands for near $10k two years ago? It would be tough to lay your hands on a runner for that now, unless it was a really rough runner. SCs have nearly doubled. 964s have doubled and more. 3.2 cars have nearly doubled. Those of us that bough aircooled cars three or more years ago got very lucky.

There are apparently quite a few people on the world's largest Porsche board who are not familiar with the current market and they are all on this thread.

The car is not misrepresented in any way and I assume that the bidders know what a "1974 U.S. Carrera" is. No one here seems to. There is no question or debate as to what engine it has. It's the regular 1974 USA CIS 2.7. If it was a 1974 Euro Carrera in identical condition and provinence, it would be a $3-400k car. The bids are real. Sheesh...

And no, I am not affiliated with it in any way. I've never heard of this car until these threads about it.

While it is a bit more rare car, it is little different than other midyear cars...and my '74 would eat it for breakfast.

The $120K is insane and you do not convince me one bit. I also don't believe that 3.2 cars have doubled...since a nice low-mileage, G50 '89 Carrera like mine with perfect paint and interior was going for $25K a few years ago and there is no way anyone would pay me $50K ....but that is just me.

I don't believe any US '74s are actually selling for $120K.

Typing at the same time but the post above mine says essentially the same thing.

I wish you guys were right...but just don't think so. Especially regarding the typical 3.2s and Midyear. If I did, mine would be for sale.

3.2 Carrera 911s, especially coupes, have more or less doubled over the last 2-3 years. That one is true, at least for low mileage, clean/stock cars. High-milers and modified cars have not changed as much.

The market has moved quickly. G50 3.2 cars, if they are nice, are indeed selling over $40k. Not quite double, yet. If you go back and look at the For Sale forum for the last year and a half what the mid-year Carrera asking prices have been. A couple of years ago, the asking prices were in the $75k region. Add to that an interesting color (like it or don't, that color is rare in itself) on a rare car in a market that is eating these cars up? Yeah, I got my 3.2 for well under $20k three years ago. You can't touch a driver-quality 3.2 for under about $25k now. You can get a decent one in the low 30s. Nice ones? Upper thirties. Really nice ones with low miles and records? Prepare to pay over $40k. The stellar examples might actually clear $50k. One owner, low miles, records, bone stock, pristine car - investor-quality car. Oh, and M491 cars are going in the upper-40s to upper-50s. In some cases, more than a similar 930, although that gap is closing pretty fast. The longhood market is slowing down some, at least from a price increase standpoint. But all the other cars seem to be still shooting up. If you haven't been closely following the market, you have no clue how crazy it's gotten. I mean, SCs, going in the 30s???? Holy crap.

I have to agree to disagree with you guys. I don't belive folks are getting close to $50K for 3.2s (except in very rare cases)...even pristine ones...or SCs for over $30K.

Yes, they are. Look at completed listings on EBay and sold cars on here. A driver G50 Carrera is a $35k car.

Time to sell my Carrera...before it gets a rock chip in the paint. Time to move up to that 997.