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-   -   How much should I ask for my 74? (http://forums.pelicanparts.com/porsche-911-technical-forum/61020-how-much-should-i-ask-my-74-a.html)

Brian993 02-26-2002 02:27 PM

How much should I ask for my 74?
 
What do you think is a good price for my car? Paint is new as you know. Interior is 75% could be redone and car would be mint. Does not leak oil, YET. First gear is a little tricky, might need adjustment, goes away when warmed up though. Threw up a few pics for kicks.http://www.pelicanparts.com/ultimate...icture 008.jpg http://www.pelicanparts.com/ultimate...icture 019.jpg http://www.pelicanparts.com/ultimate...icture 012.jpg

BierHunter 02-26-2002 04:16 PM

Wow...your car could be a twin of mine. Very pretty too.

Mine's a 74 as well and has the 3.0L engine. I paid $10k for it, and people have been offering me $12k-$15k. I'm not selling though, but that seems to be what's being offered around here in Oklahoma City.

Brian993 02-26-2002 04:25 PM

Thats what I thought. I think 13k would be about right.

makaio 02-26-2002 04:39 PM

Big did you ever buy that rubber rear tail? If so do you want to sell it now.

Send me a PM or e-mail if you do.

tight as a bull's ass 02-26-2002 04:53 PM

Quote:

Originally posted by BigBpainta
Thats what I thought. I think 13k would be about right.
1 1/2 years ago, I purchased my mint european 83 cabriolet with 75K miles for $16,500.....It may be valued at 13-15K today, reasonably priced....

I dont understand how your 74 911S Targa could be almost as valuable as my 83sc.....somebody please shed some light on this. Thanks.

pwd72s 02-26-2002 04:59 PM

Emmanuel? My flashlight batteries are dead.....

Brian993 02-26-2002 05:01 PM

LOOK,

I'm not interested in turning this into a pissing contest, just curious about what I might fetch on my car if I sell it. I paid $8500 for it, sunk $2500.00 on paint. Plus $700.00 in misc. stuff. I dont care who paid what for theirs. Maybe you got a steal, or maybe your paint was weak, or maybe to p.o. got sick of looking at it, or maybe it needed mechanics,or maybe you just got a good deal. I dont think 13k is a ripoff, lets not cheapen these cars to much here, remember their our prize possesions. Enough light shed?

Saffs 02-26-2002 05:04 PM

I would say more around $9 - 11k at the most. I know that might not sound good. It's not completely original (e.g mirrors, being de-chromed), plus Targas are always a little less. People have fears over 2.7s and like to see them with time-certs installed - rightly or not.
Just my opinion....
Good luck.
:)

tight as a bull's ass 02-26-2002 05:10 PM

Quote:

Originally posted by BigBpainta
LOOK,

I'm not interested in turning this into a pissing contest, just curious about what I might fetch on my car if I sell it. I paid $8500 for it, sunk $2500.00 on paint. Plus $700.00 in misc. stuff. I dont care who paid what for theirs. Maybe you got a steal, or maybe your paint was weak, or maybe to p.o. got sick of looking at it, or maybe it needed mechanics,or maybe you just got a good deal. I dont think 13k is a ripoff, lets not cheapen these cars to much here, remember their our prize possesions. Enough light shed?

so why're you getting upset?

You asked us for our opinion and I gave you mine. What's the problem?

Anyway, I agree with Saffs, 9-11K is a good range for that car (assuming the mileage is not too too high, like under 150K)
Good luck.

Brian993 02-26-2002 05:12 PM

I understand what your saying Saffs, the engine was rebuit 5k ago, has the carrera tensioners, pop off valve. Its solid. I will get 13k no problem. I would have paid it. Alot of people freak over 911's. Condition means alot, especially paint. I am confident on this one. Especially in Ma. people have money, and springs coming. I also beleive its a fair price.

pwd72s 02-26-2002 05:16 PM

Pi**ing contests? Hey, at my age? On a hunting trip? I feel kind of lucky if I miss my boots. BTW, Emmanuel? My flashlight batteries are still dead. Given the choice? '83 cab over a '74 Targa. Any day!

74911s 02-26-2002 05:18 PM

i have a 74 targa very similar to yours see...
<IMG SRC="http://www.zenmarblegarden.com/motorsports/74911s_dsidefront.jpg">

i am still trying to decide if i am going to sell it but here in socal even with the new 2.7 and tranny built by andial, new bilsteins and tbars in the back i think i would be lucky to get $10,000

if my car would fetch 11-13k on the east coast i might have to send it on vacation.

Brian993 02-26-2002 05:19 PM

Sometimes I feel like I'm in junior high here. Are euro cars worth more than others? These prices sound like rice prices I am surprised. Sounds real easy to go upside down.

island911 02-26-2002 05:42 PM

Quote:

Originally posted by BigBpainta
. . . 13k is a ripoff, lets not cheapen these cars to much here, remember their our prize possesions. Enough light shed?
Right! Though I think the 911's are really out of demand. .. who would want one when Porsche is making the Boxster?

nostatic 02-26-2002 05:43 PM

Quote:

Originally posted by BigBpainta
LOOK,

I'm not interested in turning this into a pissing contest, just curious about what I might fetch on my car if I sell it. I paid $8500 for it, sunk $2500.00 on paint. Plus $700.00 in misc. stuff. I dont care who paid what for theirs. Maybe you got a steal, or maybe your paint was weak, or maybe to p.o. got sick of looking at it, or maybe it needed mechanics,or maybe you just got a good deal. I dont think 13k is a ripoff, lets not cheapen these cars to much here, remember their our prize possesions. Enough light shed?

Well typically you can expect to be upside down on a p-car very quickly. Figure that you are generally lucky if you get *half* of what you put into the car back out again. I'm not trying to out-piss anyone....that's just what I've seen following the market for the last year or so. There are plenty of cars out there with $10K+ in recent receipts and the owner will be lucky to see a small fraction of that in return when it sells. They guy who bought my car has already spent over $2K, might have to do the valves, and I'm sure he couldn't get much more than he paid for it if he were to sell right now.

But the bottom line is your car is worth what someone else is willing to pay for it. Remember though that a repaint is *not* a plus in many people's opinion...they'd rather see rough original paint. But again, it depends on the buyer. The right person for the right car. At least the weather is getting warmer, so that works in your targa top's favor!

epbrown 02-26-2002 05:46 PM

BBP, if you only feel that way sometimes, you're not paying close enough attention.

Unlike the other 83SC owner (the one that misspells our name :)), I can see your car going for $13k, even though that's about what I paid for mine 2 years ago. As the cars get older and start to flatten out on depreciation, there's not much difference between them and that will grow smaller over the years. Another 10 years and the 74-86 cars are all going to be within a few grand of each other, with only die-hard Porschephiles knowing or caring about the difference.

It happens with all cars, even the rarest - I paid just a bit less for my 1966 Rolls-Royce than I would have for a 1980, despite the latter having tons of improvements and innovations engineered in during the intervening years. There comes a point where the cars, whatever their differences are just "old" and "used." Neither of us own "collector" models like the Pre-73 cars, the turbos, and the RS* variants - which means that it's down to performance. Your car's about as fast as mine, as nice looking (actually nicer), and almost identical, with the technology in each being fairly similar and (out-of-date) - why <i><b>wouldn't</b></i> it fetch a similar price? If it were 2 years ago and I was shopping for my first Porsche again, I wouldn't bat an eye at paying ten grand, and would likely go up with a good history on the car (maintenance history, number of owners, etc). Your price is high and outside, but isn't out of the strike zone. Though personally, since I <b>hate</b> selling stuff and dealing with tons of people coming by and haggling, ragging, and whining, I'd price it at $11k and come out even with a guaranteed quick sale, like pyord did in the other thread. Especially if it saves me having to ship the thing and other hoop-jumping.

Emanuel

Jack Olsen 02-26-2002 05:55 PM

There are a lot of different kinds of buyers. Two types are the enthusiast, who's studied up and knows what he's looking for, and the impulse buyer, who responds to shiny paint and nice pictures.

I'd say the car is worth 7-9K to an enthusiast -- there's just not a whole lot of demand for the model. Like the 964, it suffers (undeservedly) from the middle child syndrome. But to an impulse buyer (and when you mention Spring and people flush with cash, you're on the right trail) these cars can easily get up to around 15, if the sales pitch is right. Sell the sizzle, not the steak, right? Well with the 911, that's how a lot of cars get sold. I don't think 13 is unthinkable. But I'd be surprised if that 13 came from someone who was on their second or third Porsche.

And in case I haven't ruffled enough feathers already, I'll second Mr. Brown's sentiment. The distinctions between every model made between 1974 and 1993 are going to start to dissolve away in the coming years. Most peole can't easily distinguish the different models up to the 964. And to most people, the 964 looks kind of funny.

Once the 993s depreciate to the point where they're an affordable weekend toy car, I think the bottom is going to drop out a little on the market for all of the 74-93 911s. To most people (even car people) the distinctions between the models just doesn't mean that much. Now, I think there will still be a lot of dedicated enthusiasts, devoted to 911's. But that pool of guys is going to get smaller, not bigger. A stripped down 993 that you buy for less than 25 grand would probably make a pretty nice track car, don't you think? Well, even if you don't, a lot of guys new to the world of Porsches will.

Time marches on. I think the long hood models will start to be seen a little like the 356's are seen today. In time, the impact bumper cars will fall into this 'collectible' category, too. But that era will only come after a long period of declining interest and sinking values. During that period, the 74-93 cars will suffer for not being seen as either a 'vintage'-looking car or a high-performance contemporary Porsche.

Okay, anybody still <u>not</u> irritated by anything I've written? Just let me know. ;)

Brian993 02-26-2002 06:13 PM

Jack as usual, I think your on the mark. Well said. I put an add in the Boston paper to see what I would get for a response, 8 calls today, all said they would come look this weekend. We'll see.:)

pwd72s 02-26-2002 06:25 PM

Jack? Should you ever tire of writing? The USA Diplomatic Corps may have an opening...;)

nostatic 02-26-2002 06:26 PM

Quote:

Originally posted by JackOlsen


Time marches on. I think the long hood models will start to be seen a little like the 356's are seen today. In time, the impact bumper cars will fall into this 'collectible' category, too. But that era will only come after a long period of declining interest and sinking values. During that period, the 74-93 cars will suffer for not being seen as either a 'vintage'-looking car or a high-performance contemporary Porsche.

So what of the 996? Will that be the "modern" used car, the 993 the attractive "real" car, and all the rest the new 356? While those who ignore the past are doomed to repeat it, I'm wondering if in fact the cycle will continue, or instead we are evolving into a different market.

For those who were into used p-cars 10 or 20 years ago, is there a parallel with the 356's? I assume at some point down the road any pre-964 car will be considered "really old" (due to no power steering/brakes, no abs, etc), and be the "new" 356.


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