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hoff944's Avatar
 
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How much for a 67' 912 that has been sitting since 72'?

My uncle has a pristine 67' polo red 912 that was a european delivery and it only has 11,000 miles on it. The only X factor is that it has been sitting covered up in his climate controlled garage since 72'. The exterior is not in question. He took the battery out and occassionally lubed the engine. What would have to be done to a car that has been sitting in the same garage since 72'? The fuel has probably gelled. It only has 11,000 miles on it, but what would it take to get it road worthy again. How much work are we talking. I'm thinking of purchasing it if he will sell it. What would be a reasonable price to offer him considering it will need work. I don't think he will ever get it out again.

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Old 01-02-2005, 03:03 PM
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The best place is to ask on the 912registry.org site.

Michael
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Old 01-02-2005, 03:04 PM
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After 30+ years of sitting you should not try to start and drive it without some serious work.

The brake master cylinder needs to be replaced. Also probably replace the brake hoses and possibly the calipers rebuilt. The pistons in the calipers should be at least lubed and cycled.

If it was parked in ’72 with fuel; the gas tank needs to be cleaned, screen cleaned, fuel filter replaced, fuel pump rebuilt, and carburetors cleaned and rebuilt. Fuel hoses are also an issue.

I’ll bet the engine needs all new seals – valve cover gaskets, push rod tube seals, crankshaft seals, oil filler cap seal and more.

It will probably need transmission seals also. While there you can un-stick the clutch and lube the clutch parts.

Of course it will need new fuel, engine oil & filter, transmission lubricant, brake fluid, and washer fluid. Some important things to lube will be the wiper mechanism, door and window mechanisms, ball joints and tie rod ends, CV joints, and wheel bearings. I can’t imagine the hood and deck lid lifts surviving. It will need new tires, use another set of wheels. Save the original tires on the original wheels for show.

Don’t throw away any of the original parts. They may be valuable if rebuilt.

Document everything. Don’t even misplace so much as a washer.

I agree with carefully putting the car back in proper drivable condition. On the other hand, it shouldn’t be driven much. It has great value in its originality and perhaps should be a Parade show car.

Some of the other things you want to make sure are with the car are the complete tool kit, original spare tire, owner’s manual packet, the original sales agreement, MSO, title, etc. If you can find the original battery, it can be rebuilt.

This is potentially a VERY valuable car. You should take great responsibility as its new caretaker.

It might turn out to be more valuable to your uncle as a gift to a Porsche museum and take a significant tax benefit.

Best,
Grady
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Last edited by Grady Clay; 01-02-2005 at 04:02 PM..
Old 01-02-2005, 03:53 PM
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Porsche Crest

Depending on the climate and precautions taken where/when it was stored ... the engine may be in great shape or a nightmare due to corrosion!

You will need to plan for very significant time and expense to repair/replace/recondition the complete fuel and brake systems ... from one end of the car to the other!!!

The electrical system will need to be gone thru ... loosen and clean every connector in the entire car! After restoring to operation and verifying correct operation of all systems and gauges ... all of the connectors should be treated and sealed with Dow Corning 4 Silicone Grease.

If your thoughts are of a quick turnaround to make a profit ... think again! YOU probably will spend more time or money than you could ever get for the car. If the idea is to get a low-cost project car to restore and keep forever ... well, it still may be a painful process, but, at least you won't have to try to recoup the costs ...
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Old 01-02-2005, 03:56 PM
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Thanks for the info guys. If I purchase it I plan on keeping it. I'm not trying to make a profit. Just an enjoyable really nice early car.
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Old 01-02-2005, 04:08 PM
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Is this a dream fantasy or a nightmare? Too bad it's a 912. Why did it turn out this way so far? Do you know why he left a new car to collect dust?
What a beautifully freakish curiosity!
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Old 01-02-2005, 04:10 PM
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I've never asked but I think it might be due to a medical problem that affected his eyes and depth perception.
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Old 01-02-2005, 04:26 PM
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oh. not so beautiful. I'm sorry for him. not that it does him any good.
I hate to admit it but I can see myself doing the same thing. I do tend to hang on to things.
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Old 01-02-2005, 04:30 PM
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hoff944,

I am not an attorney, CPA, or tax advisor but I did stay in a Holliday Inn Express last year.

I hope you didn’t misunderstand me. This is not a Porsche that should be put back into daily service driving about. This is a museum piece that should be carefully made drivable again.


There are several choices:

1) Your uncle can just keep it where it is and someday it will go where he (his estate) directs.

2) He can sell it to you or someone and it is driven on the street.

3) He can have it appraised for what it is actually worth and donate it to a 501c3 automotive museum. The appraised value is a charitable gift. From your description, it might be appraised at as much as $30-40K. That would be a significant benefit for your uncle – possibly worth far more than a sale price.

SO:

#3 could be structured where all the work to make the 912 serviceable was done by museum volunteers. There could be a stipulation where your uncle and/or you have access to drive the 912 periodically. The best of all worlds – an outstanding museum quality 912 that didn’t cost you anything.

#2 means the certain long term destruction of the 912. No matter how well cared for, it will never be the 11K original it is today.

#1 isn’t any fun.


e-mail me at gradyclay@hotmail.com and I’ll put you and your uncle in touch with experts in this field.

Best,
Grady
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Old 01-02-2005, 04:57 PM
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While I intend on driving it, it is strictly going to be my toy. While I enjoy looking at museum pieces, they are not much fun to look at for long. If it were to go to a museum, how far would one have to drive just to go drive the car? Next time I talk to him I'll mention the museun option. I know a guy who got ripped off when he donated his ANT 2 aircraft to a private museum. The museum folded and somehow they legally made off with his aircraft. Everything is still up in the air, but I thank you for your advice and interest in this matter.
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Old 01-02-2005, 05:32 PM
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So....what happened with the low mileage 912?
Did you buy it or did the Uncle tell you to pound sand ?

Old 07-11-2005, 01:57 PM
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