Bill,
You can look at several sources and come to your own conclusions on what the price ranges have been for older longhoods. Excellence magazine is a good source and I believe the spring issue (April, May or June) will feature the market update by Bruce Anderson for early 911's. Every month Excellence has a section on what cars were sold for that was submitted by anyone who will provide the information. Great buys are mixed with high prices as well for the early models.
Their has been so much on the Pelican board written about what is a fare price for the longhoods. They have over the past several years appreciated in value based on supply and demand. Since the early 911's were prone to rust, excellent examples do go for a premium. The general feeling of most prospective buyers I have noted was that the prices are way too high and not realistic! But in todays market, you cannot get a decent longhood "driver" at any bargain price.
As an owner of a 1973.5T that was restored I have seen prices almost double for these cars. Needles to say I am tickled pink about the turn around in value since I bought the car almost eight years ago. If my car was an example of a decent 1973.5T on the market, I certianly would be in the asking range of 20k-25k, and some folks would say thats too low!!
If you deadset on buying a pre-1974 model, do your homework and take your time in your search. The pleasure of ownership of an older Porsche is well worth the cost of admission.
Bob
1973.5T Sepia of course
