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-   -   RSR Triibute (1972 911T) value? (http://forums.pelicanparts.com/porsche-marketplace-discussion/690300-rsr-triibute-1972-911t-value.html)

Sunroof 07-22-2012 01:12 PM

RSR Triibute (1972 911T) value?
 
What a barn find.....................
I came across a 1972 911T with only 60K on the speedo (true mileage) that has sat around in this guys garage for almost 10 years. It has not run for ten years! The owner took the body and made it into an RSR tribute with the rear wheel body flares (fiberglass), duck tail spoiler and front spoiler. What really surprised me was it had a 2.7 215 hp engine. The interior although never changed or molested (still has original steering wheel) has mold on the door pockets, some on the dash and near perfect seats. The wheels are the black factory fuchs. The body was a repaint (red to metallic gray), but appeared flawless. I was told the car had no rust.

I am trying to get some rough value or estimate of the value of this car if we look at it as an excellent roller. The guy does not intend to do any rebuilding or pay to get it running. After ten years its hard to tell what needs to be done, but it looked great despite sitting in the garage for ten years.

Any ideas?

Thanks

Bob

Todd Simpson 07-23-2012 10:34 AM

You'd need more information to determine the value.

Most RSR's that were done "back in the day" with fiberglass flares were not done to a high standard and the car would be worth more if it were just left stock. (you mention rear flares...are the fronts flared as well?)

On the other hand, let's say the car was built with a 2.7RS spec motor, with the correct numbers for a '73RS, and let's say the fuchs are the correct 9 and 11 inch for the RSR...you'd have many tens of thousands in parts with just those two items.

So...post some pics, but remove all evidence of location or plate numbers. You wouldn't want someone else scooping your find.

Sunroof 07-24-2012 07:47 AM

I posted the photos on the BBS, under the same heading. which got alot more attention. Still looking for a decent value if its indeed rust free. Body was in great shape despite the ten years of garage dust.

thanks

Bob

racer 07-24-2012 05:01 PM

Saw the pics.. its only an "RS" tribute, not RSR.

Longhood prices are crazy. To me, its worth about $10K tops, depending on any rust. Assume motor is dead, brakes need rebuilding, suspension rubber likely shot.. you are looking at some big $$$ to get it running again.

And when you are done, its a non-original '72T. The value in longhoods today is "originality" or appearance of originality.. not in "another RS clone" ;)

Sunroof 07-25-2012 07:33 AM

I agree that this is strictly classified as a "roller", but if the interior can be cleaned of some mold, the interior is going to be close to excellent and probably would be parted out if the owner intends to continue with the RS look (RS door panels, racing seats, etc). It all adds value the way I see it. Yes, originality is key, but I would rather take an excellent rust free RS clone body (thats the assumption thus far) and build on that. Parting everything else out does help. I cannot add more until I get underneath and look for any rust................

Sunroof 07-31-2012 08:24 AM

I will be posting a lot of photos of this car after its cleaned up. The big question will be rust. I will photograph as much as I can. Regardless, it will have to go and be put on the market. The owner agreed to let me present the vehicle for him since he is involved in many other activities. If any are interested I can keep you posted as we progress on this. The engine will not be removed nor any of the car parted out. Its in the Atlanta, GA area.

Thanks

Bob
73.5T
Porsche owner for the last 40 years!

mpetry 07-31-2012 07:39 PM

RSR replica "value"
 
the marketplace sets a value, there's a put and a call.
What do you think about the Gulf blue '73 posted at $85K ?

I'd say about 20K high. Comments ?

Sunroof 08-01-2012 04:26 AM

Thanks Mark.
The market is all over the place on the longhoods. For this 1972T RS clone its going to be about rust. Its been sitting in this garage for over ten years, so their is no telling what it would take to clean and restore the brake system, fuel system and the engine. It will be cleaned up (interior and body) and sold as is. The owner does not want to do any work on it. He is liquidating all of his car collection.

If it has no rust, seeing that the body is just about perfect, the interior original and in great condition and only 65K on the chasis, it will certainly go over 10K. I am not sure it would ever fetch 20K as you suggested.

As for the 1973 Gulf Blue going for 85K? Tha'ts an asking price, but it would not surprise me to go for a strong figure seeing the rise in longhood prices.

Bob
73.5T

BK911 08-01-2012 08:13 AM

Quote:

Originally Posted by Sunroof (Post 6886909)
If it has no rust, seeing that the body is just about perfect, the interior original and in great condition and only 65K on the chasis, it will certainly go over 10K.

Unfortunately fair market value and what somebody will offer are not the same.
Seems like everybody is looking for a screaming deal these days, even for the long hoods.
Either way, good luck with the sale.

plumber 08-02-2012 11:39 AM

rsr value
 
Ok can you post the link to the pictures BBS?!!!!
:confused:
dumb plumber!

andoni510 08-02-2012 01:30 PM

Quote:

Originally Posted by plumber (Post 6889898)
Ok can you post the link to the pictures BBS?!!!!
:confused:
dumb plumber!

http://forums.pelicanparts.com/porsche-911-technical-forum/690304-extrodinary-barn-find-rsrs-tribute.html

Sunroof 08-02-2012 04:10 PM

Here are some photos taken today after pushing out of the garage after sitting idle for over ten years. http://forums.pelicanparts.com/uploa...1343948847.jpg
http://forums.pelicanparts.com/uploa...1343948872.jpg
http://forums.pelicanparts.com/uploa...1343948894.jpg
http://forums.pelicanparts.com/uploa...1343948924.jpg
http://forums.pelicanparts.com/uploa...1343948960.jpg
http://forums.pelicanparts.com/uploa...1343948997.jpg
http://forums.pelicanparts.com/uploa...1343949045.jpg

Sunroof 08-06-2012 09:36 AM

ad posted last night for this car..........................

Bob

BK911 08-07-2012 06:29 AM

Wow, she cleaned up nice!
She might be a couple of weekends away from being a sweet little hot rod.
May want to think about doing a leakdown test.
Couple of hours in the garage could add significantly to the selling price.

Sunroof 08-07-2012 12:50 PM

Thanks, but getting it to a shop is pretty tough right now. Lots of interest on the car right now and several lined up to see it.

Bob

Sunroof 08-11-2012 09:33 AM

..............................sale is pending on this car......................................

trader220 08-11-2012 08:38 PM

Quote:

Originally Posted by mpetry (Post 6886557)
the marketplace sets a value, there's a put and a call.
What do you think about the Gulf blue '73 posted at $85K ?

I'd say about 20K high. Comments ?

puts and calls are exactly the same thing. ie. call put parity. If they're not then there is an easy arb opportunity

Sunroof 08-11-2012 08:46 PM

Not sure what your talking about here with "puts and calls". Market fluctuates like crazy on longhoods. I know one thing, rust free examples are sought after and folks will pay the cost of entry to own one....................

Sunroof 08-15-2012 12:06 PM

Well, this car was sold this week for the asking price and is now on its way to California for restoration. I do not believe the new owner is using the 2.7 engine. It is one of the best rust free examples I have seen in awhile. Based on the activity on this car with several inspections and offers in the teens, interest in well sorted longhoods as expected is increasing in price and will continue.

Bob
73.5T

Sunroof 08-16-2012 07:44 AM

Amazing..........as of today 6,635 views on this car. I do not know what the record it, but that's a heck of a lot of folks. And the car is already SOLD!

The value of this car became very controversial based on its current condition. I always viewed this particular car as a perfect restoration candidate because it was rust free, straight, accident free, never raced and with good mileage (125K) over its 40 year life thus far. It is going to an owner who intends to take it apart and rebuild it starting with a very sound chasis.

So does this kick up the ante on the cost of admission for longhoods? Maybe so or maybe not. For all the doubters, it sold for the asking price and several were willing to pay the asking price and many offers where very close to the asking price. What it told me was that folks will pay for a rustfree example even if restoration of the systems or an engine replacement is warranted. Once this car is restored it well match the other beautiful RS clones that are running 40K and above. It was a good buy for the new owner.

Bob

RD911T 08-16-2012 02:07 PM

Quote:

Originally Posted by Sunroof (Post 6916065)
Amazing..........as of today 6,635 views on this car. I do not know what the record it, but that's a heck of a lot of folks. And the car is already SOLD!

Bob

You posted on your own for sale thread 17 times over 7 days, usually with just a couple more pictures. I was following the thread simply because I have a long hood. Every time you posted a new pic, I got notified and went to look at the thread. No one else on the first 2 pages posted to their own thread more than 11 time and the next highest after that was 6 times. I struggled to decide if it was annoying or smart as a strategy. Maybe both. It allowed you to keep bumping your thread to the top beyond what would normally be tolerated because you were technically adding new information. Of course this was information you could have put in the original post, but chose not to.

Seems like the car sold at the extreme high end of what it could have brought. What would the same car go for with a running, numbers matching, engine? $20-20-25K? The new owner will never have a numbers matching car.

Tom

cellison 08-16-2012 04:27 PM

Good job Bob. I'm sure the elderly seller and the new owner are both happy.

sm70911 08-16-2012 04:30 PM

Quote:

Originally Posted by TomViers (Post 6916807)
You posted on your own for sale thread 17 times over 7 days, usually with just a couple more pictures. I was following the thread simply because I have a long hood. Every time you posted a new pic, I got notified and went to look at the thread. No one else on the first 2 pages posted to their own thread more than 11 time and the next highest after that was 6 times. I struggled to decide if it was annoying or smart as a strategy. Maybe both. It allowed you to keep bumping your thread to the top beyond what would normally be tolerated because you were technically adding new information. Of course this was information you could have put in the original post, but chose not to.

Seems like the car sold at the extreme high end of what it could have brought. What would the same car go for with a running, numbers matching, engine? $20-20-25K? The new owner will never have a numbers matching car.

Tom

Exactly what I thought. Three threads going on the car. The one on Tech, Marketplace and For Sale.

Sunroof 08-16-2012 04:51 PM

The car got a lot of attention as I thought it would......................the photos sold the car and messages came into to me to post more, especially of the undercarriage. As long as the Pelican management is not adverse to a limited number of photos or "bumps" on the sale pages, strong photodocumentation is a powerful tool and obviously worked.

Bottom line despite the critics is IT SOLD!

BK911 08-17-2012 05:05 AM

Quote:

Originally Posted by Sunroof (Post 6916065)
So does this kick up the ante on the cost of admission for longhoods? Maybe so or maybe not. For all the doubters, it sold for the asking price and several were willing to pay the asking price and many offers where very close to the asking price. What it told me was that folks will pay for a rustfree example even if restoration of the systems or an engine replacement is warranted. Once this car is restored it well match the other beautiful RS clones that are running 40K and above. It was a good buy for the new owner.

Bob

I am a little surprised it went for full asking price, but only by a couple of grand.
After seeing all the photos and reading the excellent classified ad, I was expecting $10 - 12k. I guess an extra couple of $k in a $30k restoration is not really that big of a deal.

Glad it worked out for all involved. Also glad I got into the longhoods before they were cool. :D

Matt Monson 08-17-2012 11:15 AM

Quote:

Originally Posted by TomViers (Post 6916807)
You posted on your own for sale thread 17 times over 7 days, usually with just a couple more pictures. I was following the thread simply because I have a long hood. Every time you posted a new pic, I got notified and went to look at the thread.
Tom

Do you know that the forum only tracks discrete viewers? You can go in and out of this thread 40 times and the number of "views" won't change. I'm just saying...

cellison 08-18-2012 05:59 AM

Here is how i see it:

1.) maybe be the person wanted to build/rebuild an early car to their specification.
2.) maybe he / she was in a position with the time, motivation and cash to tackle a restoration/or this type of project
3.) maybe they saw the car as good basis for their project..solid, rust free and maybe the RS mods were in their plan.
4.) maybe they had plans to drop in a 2.7, 3.0, 3.2, 3.6 for 3.3 turbo they had sitting around or build a crazy fast2.4 mill.
5.) they have been looking for the right car for their project and felt $15k was a good deal.

At the end of the day, the car sold and is:

1.) helping to maintain early 911 values
2.) keeping another neglected 911 from being parted out or going to the crusher.

Sunroof 08-18-2012 07:56 AM

Spot on Charles.

He plans on taking it apart and doing a total restoration in his shop. Engine goes out the door!!

RD911T 08-20-2012 02:05 PM

Quote:

Originally Posted by Matt Monson (Post 6918427)
Do you know that the forum only tracks discrete viewers? You can go in and out of this thread 40 times and the number of "views" won't change. I'm just saying...


Good point, I didn't know that. I guess the thread really did have a lot of discrete viewers. :D

Tom


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