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Value of a 100% restored 73 911T
Can anyone tell me what the value of a 100% restored 73 1/2 911T is? The owner claims 30k in receipts what is this car worth?
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What it's worth is a moving target. It's probably worth $30K to him I would imagine. Anyway, Bruce Anderson's market report in Excellence magazine is one source. Personally, if it were an original car that did not need any work and I really wanted one I might go as high $10K. More than that I'd set my sights on a less than perfect E or S. But that's just me. Others may have a radically different point of view, certainly the owner of that 100% restored T would!
------------------ Carlo http://bigblue111c.tripod.com/dec2000/ |
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If it's very, very low original miles (<30K) and perfect concours condition (ie. the bottom has no dirt) it can fetch $20K.
But, more likely if it's a really nicely restored driver you're looking at a value of $12K assuming it has <100K miles and has no clear flaws, perfect original color paint, rebuilt mechanicals, all correct. |
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My cousin (in So Cal) bought an extremely clean 73.5T Targa for $12K. Just another data point...
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$30,000 in receipts? For what? It's unclear to me how you could spend that much simply restoring a 911. A T will never have the collector value of an E or S, although -- as the saying goes -- it can take just as money to restore a non-collectible car as a collectible one. Unless there's something about this particular car that is special, I'd agree with Warren. $10,000 in excellent shape. Beyond that, get a more desirable car.
------------------ Jack Olsen 1973 911 T (3.6) sunroof coupe jackolsen@mediaone.net |
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I can believe $30,000 in receipts. 2 years ago, I would have thought that figure to be unbelievable, but since I bought my 1973 911 T, I have been pumping money into it.
When you factor in the cost of an engine rebuild, trans rebuild, paint job, clutch, alternator, H-4 lights, 2 batteries, SSI's, exhaust muffler, interior refurbishment(including the outrageously priced dashboard), caliper rebuild, master cylinder rebuild, starter, rubber seals, etc. The items I listed are probably what is required to get a stock T up to speed. I love my 911, and I always wanted a project car, but a rebuild requires a lot of money. The cost of restoration for a 911 T will probably always be more than the resale value, but the fun part is watching everything come together! I don't think I will ever sell my T, because I have been a part of almost all of the work that has been done on it. I'm sure everyone on this board that owns an older 911 knows what I am talking about, but I just thought I would give my 2 cents. Bill ------------------ William Armentrout 1973 911T 2.7 carerra rs specs www.geocities.com/william_armentrout |
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Um Jack...it ain't that hard...someday after a few stiff drinks I might add up my box of receipts. Then again, I probably won't.
Look at it this way: engine/trans/induction/exhaust: $10K body/paint/glass/rubber/chrome: $10K interior/tires/wheels/suspension: $5K all that other crap that adds up: $5K Chris C. Quote:
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Also keep in mind cars are very rarely investments. The owner can dump whatever he wants into the car, but he will never get it back. So take the $30K with a grain of salt.
And a car is only worth what someone is willing to spend to buy it. I think $8-10K is fair. Check Excellence for the market studies though. Good Luck, ------------------ Adrian Pillow 1979 911 SC 1966 VW Microbus PCA - Peachstate Region |
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If the receipts are legit; and the engine/trans is solid AND YOU DON'T WANT TO DEAL WITH RESTORATION ISSUES; a few thousand over market may be worth it to you and enough for the owner! I like to restore cars; so part of the fun for me is getting stuff fixed up; if I wanted a "plug and play" car I would get a Boxter or the like
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