'74 911 value

[fxdp]

ok maybe one of them can chime in on how much it would cost a buyer of this 1974 911 to refurbish it ? im all ears

[SalParadise]

Originally Posted by fxdp

i think there exists a certain amount of bias here where your asking 911 owners to valuate a 911
- of course if u own a shop u can bring this in turn it out with a nice thick shiny paint job in few weeks then yea its worth more to that flipper but jeez hate to say this but for your average gearhead to bring that back ?......
well thats probably a better question you tell me how much it would cost to get that bad boy back up to standard now THAT is an interesting question
engine 20k ?
wheels tires brakes suspention 10k ?
bodywork 5k ?
paint 5k?
interior 5k?
when finished 50k ?
take notice of the question marks please

Ummm, yeah we've been down this Rabbit Hole before. Taking notes of your question marks is a fool's errand.

As I said you cannot value a car using the "How much is it going to take to..." method.

If you did almost every classic car project one would purchase would be automatically in the negative. To make a 2018 Honda Accord a show car you would be in the negative.

How many longhood or 356 rust buckets that would easily take $50-$75K (or more) in labor do you see being given away for free? How many? None. Take note of the question marks please.

Absolutely none. Because according to your "laundry list" of needs, the car should be free. But it is not.

What about that 930 that needs a $30K engine rebuild What are you going to do, value that 930 at $20K? Yeah no.

This "Laundry List" topic has been beaten to death that it no longer has any relevance to this site.

[fxdp]

ok ok point taken no need to get snarky - im new here

and of course no bias here just because most people asked to valuate this rusty gold actually have one or 5 in their garage next to the regulator

this is what i would suggest to the potential seller, market the car to a shop with a clientele for about 30k they can strip it down and turn it over pretty quick spray a nice thick coat of shiny paint on it and sell it to a orthopedic surgeon in FLA who WANTS to be charged (those hip operations add up pretty quick @ 35k pop) so he can brag to his hedge fund manager friend "hey, ya know how much that 911 cost, huh "?

sorry if the above has been "beat to death" if so? please feel free not to reply

ps i just way over paid for an old pos M3 anyone care to ask me for m3 valuation ?

[Matt Monson]

I missed the comment about poorly installed SC fenders on my quick read last night. That knocks my number back $5k. I’m including all Parts in my number. Just the car minus the Fuchs, and other parts to build it? Yeah, we are at $15-18k.

[rxtrom]

I'd say list it for 25 and if you get 19-22 it was a fair deal for both sides. A quick and fair sale is better than a lingering FS post where people will start to wonder why it hasn't sold and whats wrong with it.

[nathanbs]

Originally Posted by SalParadise

Ummm, yeah we've been down this Rabbit Hole before. Taking notes of your question marks is a fool's errand.

As I said you cannot value a car using the "How much is it going to take to..." method.

If you did almost every classic car project one would purchase would be automatically in the negative. To make a 2018 Honda Accord a show car you would be in the negative.

How many longhood or 356 rust buckets that would easily take $50-$75K (or more) in labor do you see being given away for free? How many? None. Take note of the question marks please.

Absolutely none. Because according to your "laundry list" of needs, the car should be free. But it is not.

What about that 930 that needs a $30K engine rebuild What are you going to do, value that 930 at $20K? Yeah no.

This "Laundry List" topic has been beaten to death that it no longer has any relevance to this site.

As a buyer you absolutely can and should price a car based on what it costs to restore. Sellers are in dream land about it though. I get the point that you are making but generally speaking sellers often work backwards from the record breaking selling price for a perfect, rare example to arrive at their asking number. “Oh a euro carrera just sold at auction for $200k so my non-euro, non-carrera, needs a paint job, is mis-matched, needs an engine rebuild, needs everything is worth $145k math to follow $200k-$10k-$10k-$5k-$10k-$5k-$5k-$10k=$145k”
If sellers can do it, buyers can do it it too. Buyers tend to be much more realistic on the costs though. To your point it is a fools errand to try and be upright financially speaking at the end of the day. People don’t realize that it may have taken $200k worth of parts and labor to get that euro-carrera to the point it was in in-order for it to sell for $200k.
In summary a seller can only sit and hope that a big enough fool comes along to pay their price. It arguably doesn’t make it worth what “the one fool was willing to pay”

[Matt Monson]

Yep, sometimes you get sellers in dreamland. What was original ask on this? $35k if I remember. Sold for a tick under $25k

http://forums.pelicanparts.com/porsche-cars-sale/1016202-1975-911s-silver-anniversary.html

[nathanbs]

Originally Posted by Matt Monson

Yep, sometimes you get sellers in dreamland. What was original ask on this? $35k if I remember. Sold for a tick under $25k

http://forums.pelicanparts.com/porsche-cars-sale/1016202-1975-911s-silver-anniversary.html

Lol. Bingo. I was waiting for the fool but he never came. Hasn’t been paid for yet so maybe I will get my $35k after all. Or maybe less lol, until then I remain the fool that paid close to $30k shipped to me and that’s before spending $2000+ on the fuel system.

[1979-930]

Originally Posted by Matt Monson

I missed the comment about poorly installed SC fenders on my quick read last night. That knocks my number back $5k. I’m including all Parts in my number. Just the car minus the Fuchs, and other parts to build it? Yeah, we are at $15-18k.

Ditto and Ditto.


I'm just going to change my sig to; What Matt said.

Save it Raw!

[Matt Monson]

Originally Posted by nathanbs

Lol. Bingo. I was waiting for the fool but he never came. Hasn’t been paid for yet so maybe I will get my $35k after all. Or maybe less lol, until then I remain the fool that paid close to $30k shipped to me and that’s before spending $2000+ on the fuel system.

The big difference between your car and his is that yours is a restoration project. I think his will be an easier sell because someone wanting to build a smog free hot rod has got a great starting point. With the needed front pan repairs one could even put a longnose clip on it and go full RSR rep with it. It’s a blank canvas.

[SalParadise]

Originally Posted by Matt Monson

Yep, sometimes you get sellers in dreamland. What was original ask on this? $35k if I remember. Sold for a tick under $25k

http://forums.pelicanparts.com/porsche-cars-sale/1016202-1975-911s-silver-anniversary.html

Bwahahahhaaha. No, I believe it was even higher than $35K at one point.

[SalParadise]

Originally Posted by nathanbs

As a buyer you absolutely can and should price a car based on what it costs to restore. Sellers are in dream land about it though. I get the point that you are making but generally speaking sellers often work backwards from the record breaking selling price for a perfect, rare example to arrive at their asking number. “Oh a euro carrera just sold at auction for $200k so my non-euro, non-carrera, needs a paint job, is mis-matched, needs an engine rebuild, needs everything is worth $145k math to follow $200k-$10k-$10k-$5k-$10k-$5k-$5k-$10k=$145k”
If sellers can do it, buyers can do it it too. Buyers tend to be much more realistic on the costs though. To your point it is a fools errand to try and be upright financially speaking at the end of the day. People don’t realize that it may have taken $200k worth of parts and labor to get that euro-carrera to the point it was in in-order for it to sell for $200k.
In summary a seller can only sit and hope that a big enough fool comes along to pay their price. It arguably doesn’t make it worth what “the one fool was willing to pay”

Sure, the more the cars is worth the better the investment. You could build an engine for not much more for the '75 Euro Carrera vs. my lowly '75 2.7. The better money spent would obviously be on the Euro Carrera. That's why so many people saw the midyear cars as a money pit - rebuilding the engine cost more than twice the car. But I would argue that the low price on the car was Bruce Anderson's fault - and then people got this locked in their minds. Normal 2.7 cars were always worth what they are now - it's just that people could not accept it.

[Rawknees'Turbo]

Originally Posted by 1979-930

Ditto and Ditto.


I'm just going to change my sig to; What Matt said.

Save it Raw!

***forum nutswinging***

[1979-930]

Originally Posted by Rawknees'Turbo

***forum nutswinging***

I thought it was "Buttsnorkling"?

[Matt Monson]

Cheeky monkeys, the whole lot of you.

[Rawknees'Turbo]

Originally Posted by 1979-930

I thought it was "Buttsnorkling"?

For some it's both!!!

[fxdp]

Originally Posted by SalParadise

Yeah, that's hilarious. $8-$9K. This isn't 2011. Sorry, but this is horrible advice.

'74s have come into their own the past years - and are very desirable.

Expect to pay $25K +++ (sometimes a bigger plus) for a car in this condition.

would the poster of this message happen to own a 911 of the same vintage ?

[fxdp]

Originally Posted by Matt Monson

$25-30k is what I would guess it will sell for.

what about this message ? might the person who posted this own a 911 of the same
vintage ?

the point is when asking owners to valuate a similar car that is sitting in their driveway or dealer lot you automatically are subject to a bias and therefore must be taken into account - clearly

[dwelle]

ha! you’re new here. stick around, you’ll get a feel for the guys on here (easy one right up the middle for ya, Ronnie!).

there is an enormous amount of experience among this group, and some ninja level shlt talking skills to boot.

i have a good idea what i think the car is worth, just wanted hear everyone sound off on theirs.

at $25K i’d consider moving on parts and all. $20K or less and i’ll just sit on it until i have time to build it...

[Matt Monson]

Originally Posted by dwelle

ha! you’re new here.

Is he? He trolls like he's just someone old who made a new user...