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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 03:27 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 05:16 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 05:25 PM

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

makaio 02-26-2002 05:39 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 05:53 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 05:59 PM

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

Brian993 02-26-2002 06:01 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 06:04 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 06:10 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 06:12 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 06:16 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 06:18 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 06:19 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 06:42 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 06:43 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 06:46 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 06:55 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 07:13 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 07:25 PM

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

nostatic 02-26-2002 07:26 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.

Jack Olsen 02-26-2002 07:55 PM

Nostatic, I'm not sure I understand what you're saying. The fact that a 356 is a mediocre performer is irrelevant, now, since it's crossed over into that 'cute,' 'vintage' category of cars like Austin-Healeys or Karmann Ghias. You buy one because you think it would be a fun car to take on a weekend picnic. I think the pre-74 cars will slide into this category pretty soon. Why? They look pretty dated, honestly. And their curving metal, weird grill inlets and abundant chrome mark them as being from another era.

The 74-93 cars are going to suffer for what made them so appealing, initially. A well-cared-for 74 911 looks pretty modern, to the untrained eye. People on this board who own SCs often tell stories about people mistaking them for practically-new cars. Porsche kept the look of the 74-89 cars pretty timeless by not making many changes, but that's going to mean that the older ones won't be seen as being 'vintage' for a long time. Trouble is, a 74 911 (great as it is) isn't really a high performance car, by contemporary standards -- at least not by the standards that most ordinary people use to judge a car. A 993 is pretty impressive. Put it up against an S2000, an M3 or most Mustangs and Corvettes, and it outclasses them (the new Corvettes and M3s are an exception, unfortunately).

If the 74-89 cars looked goofy like a Karmann-Ghia, a Fiat or an old American muscle car, then they'd see their value rise because of casual buyers who are looking for a car that will express their unique personality. But a guy who wants to have a faster-than-snot weekend car isn't going to be as interested in the 74-89 models when the 993's (and 996's, eventually) start to become affordable.

Like I said, a lot of people will always love the 74-89 911's for their great design, nimble handling, and unique 'personality.' But as time marches on, that group is not going to get larger. Just the opposite.

That's my uneducated opinion, at least. And like I said, 30 years from now, when we're all driving plastic vehicles that use hydrogen for power, it might be that just about any sports car with an internal-combustion engine might seem like an adorably quaint way to go out for a picnic in the country. Everything up to the 996 will eventually fall into the 356's cute-but-not-quick category.

nostatic 02-26-2002 09:25 PM

I think what you say makes sense. What I was trying to get at was just as a 356 is considered a quaint low performance car by today's standards, I'm assuming that the pre-964 cars will soon fall into that designation. It seems that a fair number of "common" people (ie non-enthusiasts) own '73-89 911s. As time goes on that number will go down because as you say the more modern cars will drop to a price that people are willing to spend (ie a semi-cheap p-car). It is interesting to see what features are a baseline for a "modern" car, and what things are enthusiast/vintage.

dtw 02-26-2002 09:37 PM

BBP-
Well man you seem adept at stirring up the controversy. For what it's worth, I think the Boxster is going to be a sweet car to own- and I think it's a real Porsche. As usual I wonder if anyone who says otherwise has driven one. You have, and you know what I'm talking about.

Funny you're in MA- the market here (NC) was flat when I sold my 3.2, so I sent it to my parents in MA and it sold at the price I wanted, no sweat. I think you can command a bit of a premium up there- nice examples are hard to find. The only thing I would warn about is getting your extra $$$ invested out. That is usually sunk in the cost of the car. The project car I'm working on supposedly had 10k in the last year in it (don't ask me where!!) and the owner just about cried when it smoked and gasped out of his driveway for 2.5k.

On the flipside- 8 calls- sounds like a promising weekend. Good luck.

bigchillcar 02-26-2002 10:39 PM

bigbpainta,

i bought a '74 911 coupe with sunroof last fall. the previous owner was the original, had all receipts and had done the stud and tensioner mods, but no pop-off valve or ext. oil cooler like i might have liked (i'm in steamy arkansas). car had a $3,000 dollar paint job to restore the original 'gazelle metallic' (translation: gold). paint is a real beauty. interior was about the same as yours, maybe 75% with some cracks in the drivers seat. car has working a/c and everything else working except the rear defrost (i'll probably get it working in time for summer :D ).

anyway, the lady said she 'was thinking of asking for $6500'...i brought her a cashiers check in about an hour and a half. she hesitated slightly when i handed her the check, but i left with the car. i had looked at a gold '74 targa earlier in the week with an asking price of 11.5k. the owner didn't want to move, i didn't buy and that car is still for sale 6 or 7 months later. granted, not as nice as yours.

as one of the guys said, being an 'enthusiast', i know more about what to look for and the relative value of the various 911's and based upon that, probably wouldn't myself pay more than 9 or 10k for a '74...unless it was a concourse car or an original carrera. i'd expect to pay quite a bundle more for one of these.

13k will seem high to the guys on this board, but maybe not to the first time porsche buyer. it is very true that the car is worth what someone is willing to spend and condition is ultimately the deciding factor if the car isn't simply 'rare'. i would probably price it like olsen said, at 11k and hope for 10k. of course nothing says that maybe you won't get a bite at 13k. personally, i'd love to see another '74 fetch that price!
SmileWavy 9114102267

speeder 02-27-2002 12:33 AM

Bigpaint, If you can sell a '74 for $13Gs, God bless you, you the man! A buddy of mine here in L.A. bought a nice one w/ rebuilt engine for $5,000. He doesn't even like Porsches, just couldn't pass up the deal! It is a matter of location though, springtime in Boston, I could see it.

We're going to miss you around here, look out Boxster-board! Take care. :cool:

Jack Olsen 02-27-2002 04:45 AM

One last note on the collectibility of certain models of the early cars, and their parts.

How about a gas tank?

MikeB 02-27-2002 04:53 AM

Jack
Your post on the gas tank says it all. 11 bids, $5000, reserve met. Maybe someone can explain it to me...
Oh, and isn't it about 4:30 am your time, Jack. Looks like being a moderator, enthusiasist, wordsmith, is very demanding of your time....;)

joehahn 02-27-2002 08:59 AM

Oh My God! my fricking gas tank is 6 years older than that. Excuse me I am running home to tear it out and list on EBAY. Mine is better too, it is metal not that flimsy plastic...

Joe 68 L


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