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May some day be a collectable car as the first impact bumper 911, but the engines in those cars (the 2.7 from 74-77) diminishes the value. However, in California a 74 or 75 is smog exempt...combine that with the fact that it is far less desirable than a 73 or earlier (and therefore cheaper) and you have the perfect platform for a 911 hotrod. All depends on what you plan to do with the car.
If you're looking for an affordable way to get into a 911 that you can drive, enjoy, and maybe improve on over time, I wouldn't pay more than $10K for a stock '74. Based on the mileage and the "mint" condition, I'm guessing the owner thinks he has a piece of collectable Porsche history and will ask for alot more than $10K. Good luck!
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