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Very inspiring! Rebuilding these cars is a labor of love.
My Weissach is about 50% done, but the other 50% will go really fast. Paint is done, but I've been waiting on the paint shop to get some stuff back to me. The car is at the upholstery shop. After that, glass goes back and the fresh motor goes back in. |
I would drive it till you sell it.
Advertise in Hemmings, here, Rennlist, Autotrader and Craigslist. Join the PCA and advertise in Panorama. Figure your price according to the market, but you will not know what you can get unless you try. I have seen guys take cars to all the local shows, and stick to their price for several years, I have seen people ask a reasonable price and sell in a week. I have also seen cars listed for way too little not sell, because people are wondering what's up. I am sorry if the car is undewhelming you. There are mods that can address that issue. A good SC should drive out well, shift nicely and brake and handle tightly. It may be a little less than a rocket because it has high gears compared to the HP. I would price the car at between 14.5 and 23. A big spread, but I think 17 is a high average for a car like that. As always, Your mileage may vary. |
We live in parallel universes, except for the fact that I built my airplane (a Falco) _before_ I restored the SC. As I've mentioned several times in various posts, I have so much time and money in my car that I'll be better off giving it away to a deserving friend or relative rather than trying to sell it. Unfortunately, my daughter lives in San Fran, and this thing is so illegal it'd be shot at the border.
I can't imagine anybody paying $25,000 for an SC no matter how nice it is, though I guess there must be a few out there...doesn't do me any good, though. |
As nice as it is I would be surprised if you got more than $20K for it. Being a Targa doesn't help, at least out this way..
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Tough call. Anyone who's done a restoration knows it is a line in the sand. I'd be leery of paying top dollar for a car that had that kind of rust no matter how good it looks now. What's still lurking inside? We all know these projects are a labor of love and it is difficult if not impossible to recoup our investment. Too bad you don't like driving the car, that would give your your best return. Prepare the best documentation you can and be ready to answer a lot of questions. Pick a number and put it out there. That's the only way to see what the market will bear.
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In the San Francisco Bay Area, $25,000. will get you a 2000 Porsche Carrera. 300 h.p. and air conditioning that works.
I had a 911SC coupe and I love the SC's but I can't imagine passing on a 300 h.p. Carrera for an SC Targa. You have done a great job and your Targa looks great. I just can't imagine someone writing a check for 25k to own one. No matter how nice. |
I would offer that much depends on the quality of the Pacific Blue met. Reason for saying is that my '82 had it and the quality of the factory paint couldn't be easily duplicated.
The metallic was so fine that you had to be within a few feet to notice it. ...It was such a hassle when I had to have small section of the car touched up and was shocked at the huge clear coat and 'big particle' metallic - even from a quality (second shop) job. Your car makes a nice appearance from the pics you have of it.....and appears quite close to original. That could clinch the sale for you imo.. ___________ '82 911 - sold '80 928 '77 Spitfire |
I am no stranger to investing a lot more time and effort in a car than can ever be realized at time of sale later on.
You have done a really nice and thorough job of taking a car that was quite distressed and turning it into what looks like a very nice SC. That said, I’m not sure values above the mid-twenties are what I would expect, especially in the current environment. Your yardstick has to be what really nice, ORIGINAL SCs are bringing in. That Targa was pretty rusty and there is always a question about what may still lurk such as further up the sills etc. Even if you ‘scoped all that and treated and coated things ad nauseum, a buyer willing to pay big bucks will discount all that when compared to a cherry car that truly has not had any rust. Given a very nice original car (low miles etc) vs. a well-restored car for similar money, I know what I would pick every time. And I realize that the original car will still likely need $ (old bushings etc) to put right. But the value of originality is significant. Also, as you said, more mileage to reveal “issues” is a requirement. The right buyer for this car is someone who really wants a nice Targa with zero issues that he/she could just jump into and drive. If you are willing to wait, maybe price around $25K, if you want a faster sale, you may want to price closer to the (sub) 20K mark. Just as a reference, a gentleman near here recently imported (from the U.S.) a pristine 11-thousand mile (yes… just 11,000), one owner, no-issues 993 coupe for $28K U.S. That is a staggeringly good deal, and I’m sure atypical, but it is does show that this is a tough market to sell. |
Here is a prime example -- http://forums.pelicanparts.com/porsche-cars-sale/496953-f-s-911sc-porsche-21-000-black-black-23-999-a.html
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I think the only way you'll recoup close to what you've put into it is to get a book published about the ordeal ala Steve Wilkinson;) |
I bought a car like that
I bought an SC over the summer that had been COMPLETELY gone thru by the previous owner. It had $20K worth of receipts from Pelican in a binder, photo documented rebuild of engine and trans, complete new interior with Recaros and new dash, new T1Rs, rebuilt suspension, bilsteins, weltmeister, etc etc. Pacific blue.
I paid 15,900 for it and it had been sitting for some time. It's a really, really good car. It was EXACTLY the car I was looking for! That "21,000 mile SC" posted above looks tired and cooked out. Porsches this old that are "original" all have sagging suspension bushings, dry seals, etc, all requiring attention. Far better to find one that has been driven and properly maintained. As someone mentioned above, the appeal of a car like this is very limited when compared with a later C2 for example. I think you'll be lucky to get over 20K for your car, and you'll have to wait a long time for your buyer. Far better to drive it and enjoy it. |
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