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Questions concerning value
OK I'll I'll admit it, at this point I don't have a clue. When I bought my fixer upper, I thought it was a wise investment. Don't get me wrong, I always loved these cars. I even had posters of them hanging on the wall as a kid. It just when I saw the values on NADA, Blue Book, and in my very first issue of Excellence. They all seemed to be very high, but I thought they must be in the ballpark. Now after lurking on here for almost a year, I'm starting to realize that they aren't even close. So my first question is. Is it best to put this car back to original specs, and just enjoy it for what it is, (1975 911S)? Or do I make it into something I would rather own? Basically a wide body with as much power as my pocket book can handle. I feel I have a blank slate, and I don't want to make any costly mistakes. I'm sure I'll get caught on the slippery slope either way. But will making modifications to this car devalue it in the future? I keep reading that their aren't many unmolested mid-years left. I don't want to make major changes to mine, to find out I should have left it as it was designed. Another question I have is. Does it make sense to get a CoA from PCNA? I've read mixed reviews on this issue, and a $110 for an incorrect document seems a little steep. If the information is correct. I think it would be worth every cent, but what's the forum's consensus on the subject?
I plan to enjoy this car for a long time, but my Daughter's young, and college isn't getting any cheaper. I've have to admit that when I made this purchase, I thought of it as a fun way to invest in her education. Well that's it for my lame questions, and thanks for any, and all of your feedback. You guys rock, and I really value your opinions. Thanks, Bruce |
Bruce,
I think it depends somewhat on the model and rarity of that model. I have a 79 SC that has high miles, tired paint and is fast becoming my personality...84 front valence with inset fogs and spoiler lip, 81 Carrera tail, beefed up suspension & brakes and a lot of NOS parts. My car was a chrome/polished upgrade and I am taking it to black trim as I love the stealth look. Next to do will be the engine work and then..last..windows out paint..at that point in time, I could probably have bought a fairly new Audi A5 coupe or a Cayman... but I will have my very own 32 y/o new car.............Welcome to the obsession ! Geoff |
Make it mechanically sound and enjoy driving it. No matter what, it is still a Porsche 911, the sports car of the century. Well... the last century. As for the mid years, nobody wanted the gull wing Mercedes either. Look what happened.
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Value is in the eye of the beholder. Vehicles are typically never a wise investment option (neither is the stock market as of late;)) Especially our Porsche's that need/want to be driven and I think that's part of the appeal. There will always be some inherent value to a prospective buyer if you modify or keep original but near originality has some benefits now that we are approaching 40yrs+ for these cars.
If you have an original motor, tranny etc I would personally urge to keep the modifications limited or easily changeable (I fight that urge every day and I've only had my car for 7months or so). But I think some of the fun is that you can make many/little modifications and the car will take on some of your personality. As for the CoA, it's only $100. Again, if you have an original motor, etc and want to get something official to match...great. I have a matching #'s car and got one and it's only 80% accurate and told me little information I didn't already know but I've wasted $100 on much more useless stuff before.:) No matter what, drive it and enjoy it don't let her sit thinking your gaining value by not driving it. |
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