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kohho's Avatar
 
Join Date: Oct 2008
Location: Vancouver, Canada
Posts: 41
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1977 911S Targa value

Hi all,

Any comments on the value of a car I am interested in purchasing? I don't want to blindly lowball him although I think his price of $15K is way too high.

A few facts:
- Carerra tensioner upgrade is done
- New paint and tires
- High mileage at around 207,000 miles
- NO paperwork of any kind beyond paint and carerra tensioner upgrade
- Interior is good including dash. Not perfect though. Looks like the driver seat was redone at some point and has lost a bit of shape.
- The car drives very well with good acceleration compared to other 911S and 911SC's that I have driven.

He has been trying to sell for over a year and has had very little interest

Thanks in advance for your help.


Old 02-02-2011, 03:24 PM
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Join Date: Mar 2003
Location: WPB, FL
Posts: 3,000
I think your intuition is right. If the car were low mileage and fully documented with no paint or mechanical issues, and fully optioned, it could be worth mid teens. This car is none of those things. If it is rust and accident free, and the car is mechanically tight, $10k would be about fair market value. $207k on a 1977 2.7 motor with no rebuild history is pretty amazing. These motors were the worst of the 2.7 batch...


Quote:
Originally Posted by kohho View Post
Hi all,

Any comments on the value of a car I am interested in purchasing? I don't want to blindly lowball him although I think his price of $15K is way too high.

A few facts:
- Carerra tensioner upgrade is done
- New paint and tires
- High mileage at around 207,000 miles
- NO paperwork of any kind beyond paint and carerra tensioner upgrade
- Interior is good including dash. Not perfect though. Looks like the driver seat was redone at some point and has lost a bit of shape.
- The car drives very well with good acceleration compared to other 911S and 911SC's that I have driven.

He has been trying to sell for over a year and has had very little interest

Thanks in advance for your help.


Old 02-03-2011, 06:18 AM
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Former Options Trader !!!
 
Join Date: Feb 2003
Location: Philadelphia
Posts: 6,267
At that price you could easily find a very nice SC, carrera or even a decent g50 carrera. He's way off the market for a car like that. 10k is a bit high in my opinion too.
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono
Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S
Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster
Old 02-03-2011, 06:40 AM
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Location: Northern Virginia
Posts: 3,065
For the money I'd buy an SC or 3.2 I do think its high, as others have said, given no motor rebuild history. Does it still have the 5 blade fan? How about all the emissions stuff? At the very least, if it were mine, those would be two items I'd change right off the bat.
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Past:
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1978 911SC, 1976 914 2.0, 1970 914 w/2056
Old 02-03-2011, 07:54 AM
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Location: Vancouver, Canada
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more info

Thanks to all for the comments.

According to the mechanic that maintained the car for the past 10 years he is sure that there was an engine rebuild somewhere in the car's past otherwise it would be in rough shape performance wise. The fan is eleven-bladed and the exhaust has been upgraded.

I'm thinking of offering him $7500 and would be willing to go as high as $8500. Any thoughts on my price range?


Old 02-03-2011, 11:13 AM
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Former Options Trader !!!
 
Join Date: Feb 2003
Location: Philadelphia
Posts: 6,267
If he wants 15k I personally would not bother offering him anything and just move on. SO many fish in the sea.
__________________
Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono
Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S
Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster
Old 02-03-2011, 11:33 AM
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