What's my car worth - 911SC Targa

sigchuck · 10-08-2019, 10:44 AM

Hi guys, I may have an opportunity to pick up a driver quality 930 at what I think is a reasonable price, and was wondering if you might be able to help me put a ballpark value on my current '83 911SC targa. The car is guards red with a black interior, and doesn't appear to have ever been wrecked. It's very solid and shows no signs of rust or rust repair, having been a documented southern car since at least 1984.

The car was last purchased from a dealer in 1984 (I have 1984 sticker from previous owner) and enjoyed and maintained until 2014 when a chain tensioner collapsed. Inspection revealed some broken head studs, and in lieu of a repair, the then owner sold it to his long time mechanic in Memphis.

The car sat in storage for a couple of years until the shop dropped the engine and did a split case rebuild (documented with receipts, etc.), including (probably obviously) new head studs, Carrera tensioners. Additionally the calipers were rebuilt and some other smaller items addressed, all approximately 10,000 miles ago, at which point I became the next owner.

Within the last 10k miles, the following has been done (as well as some other things I may be forgetting):

Targa top rebuilt by Cars Inc.
New front and rear windshield seals (2018)
New front and rear targa seals (2018)
New vent window seals (2019)
RSR rocker shaft seals (2019)
Carrera oil cooler (2019)
New fuel tank, fuel pump, and tunnel lines (2019)
A/C system upgrade with Griffiths lines, Griffith compressor, and Zims third condenser (Griffiths done under prior owner, third consender installed by Zims in 2019)
Factory sport seats recovered in leather
Michelin Pilot Sports with < 10k miles (2018)
3M crystalline thermal film on all windows (2019)

The bad:
The car was repainted at some point in its original Guards Red. No overspray, but definitely what I would consider driver quality (much better than a "20 foot" paint job, but a couple small areas of orange peel). Chips, etc., consistent with regular use. The front seats, dash, door panels, and rear shelf are all in great condition, but the car does have original carpet (under new Lloyds mats) which somewhat dates the interior.

The only factory items on the car that aren't functioning are the overhead dome light in the targa bar (light by glove box works fine) and the factory alarm (relay and key are both gone, and I've never had any issues with it).

Overall, I think it's a great driver quality car that should have a lot of trouble-free miles in it. The air conditioning works great (or as great as it can, I think), and I generally use it as a daily driver unless it's raining.

I'm sure I've left some important facts out, so don't hesitate to let me know what might help with the analysis.

911SauCy · 911SauCy's Garage

www.bringatrailer.com

Search, 911sc, there will be a chart of value of cars that were listed and either what they bid up to or sold for.

sigchuck · 10-08-2019, 02:53 PM

Thanks - any thoughts to what a "real world" discount factor might be for cars that don't make it on BaT? My understanding is they generally bring a bit more in that forum than say the Pelican classifieds.

robertmark · 10-08-2019, 04:01 PM

Don’t be offended please Sigchuck, but in the time you typed your initial question, you could have researched: BAT, EBay, Hagerty price guide, and some auction houses. You could then draw your own conclusion, as opposed to outsiders “Guesses” Good luck��

sigchuck · 10-08-2019, 05:59 PM

Robert - thanks. I’ve checked BaT, and despite how infrequently I check this forum, every other thread seems to comment about the BaT inflation factor. As I’m sure you know, BaT isn’t eBay and the cars must be vetted/reviewed/approved/etc. before listing. I Wasn’t aware wBay had a pricing tool, and Hagerty has no corrections for a good driver quality targa (probably $25-$28) with a 10k mile engine. My guess or hope would be $33-$35, so hoping to get others as the forum is titled “Marketplace Discussion”.

specialtyoneinc · 10-08-2019, 06:16 PM

What's the mileage on the car?

trader220 · 10-08-2019, 10:26 PM

I have sold plenty of cars on BAT Porsches and otherwise. With a 911 as long as you're realistic about the reserve, they'll accept the car. Understand, in order to get top dollar you have to put in some work. PM me if you have any questions

robertmark · 10-09-2019, 04:33 AM

Quote:

Originally Posted by sigchuck

Robert - thanks. I’ve checked BaT, and despite how infrequently I check this forum, every other thread seems to comment about the BaT inflation factor. As I’m sure you know, BaT isn’t eBay and the cars must be vetted/reviewed/approved/etc. before listing. I Wasn’t aware wBay had a pricing tool, and Hagerty has no corrections for a good driver quality targa (probably $25-$28) with a 10k mile engine. My guess or hope would be $33-$35, so hoping to get others as the forum is titled “Marketplace Discussion”.

Trader220 has the right idea, go to BAT with your car. They will have the knowledge also to guide you on price. A little extra work to list there. But anytime I’ve wanted to make money, I’ve had to do extra work. Good luck, stepping up to a 930 is awesome!!

sigchuck · 10-09-2019, 04:50 AM

Thanks, guys! Any thoughts on how long they take after a submission to do their review and list the car? I have no problem investing a couple hundred in professional photos, but I’ve read some comments that made me think it can take a while for them to go live. I’m not in a huge rush, but obviously a difference between 2 weeks and 6 or 7 weeks. Thanks as always for the help!

Matt Monson · 10-09-2019, 06:38 AM

Post pictures, especially of the under carriage. If you properly curate this thread you won’t need to go to bat. If it’s a good car you will get pm offers. Once you sort out the dealers you have a good chance of finding a pelican you can make a deal with that works for both parties. But first things first, show us the car. Don’t get caught up on perfect presentation like it’s an ad. Just shoot some shots and let’s all talk numbers.

racer · 10-09-2019, 09:14 AM

Pics sell a car. To a non enthusiast, it is often a good color combo and pics that do the selling. To an enthusiast crowd its minutia like maintenance records, COA, "originality" or "patina" and its intended use.

Do you want it "sold" or do you want "top dollar" for it? There is a difference. You already have an idea ($25-28K) if you want it sold. Or, do you wait and hope for $35k?

As some else asked, how many miles? There's been a lot done in the last 10K miles.. but was that 2 years ago or 10 years ago?

specialtyoneinc · 10-09-2019, 09:58 AM

If you want $33k-$35k the car better be pretty nice cosmetically. Sounds like the big $ engine issues have been resolved. Post some pictures and mileage.

$35k plus fees for this one recently on BAT. Only 56k on the clock. Looks pretty nice after skimming though the ad.

https://bringatrailer.com/listing/1982-porsche-911sc-52/

Alan A · 10-09-2019, 11:56 AM

is it better than this one?

http://forums.pelicanparts.com/porsche-cars-sale/1040519-1982-porsche-911-sc.html
it's got Bat and here as references.

sigchuck · 03:03 PM

Thanks, again guys. I'll definitely get some photos, and sorry about mileage. It's currently 147k and change and the engine was done at 137k and change, so roughly 10k miles on the rebuild along with several documented oil changes - the first being the 1000 mile break in change, the second at around 2000 miles after Discount Tire crushed my oil lines (which I was fortunate enough to see and photograph them doing), the third done by myself at 5000 (perhaps only documented by my Gibbs oil receipt from LN Engineering), and the last done at around 8000 when the oil cooler and rocker shaft seals were installed.

I bought the car with around 100 miles on the rebuild from the shop that did the build, so the "within past 10k miles" was just my own reference point. Sorry for not being more clear. Mileage is pretty documentable via past receipts which date to around 1998 (the year the long time second owner's shop went to an electronic system) and 100k miles.

The 1982 911 from BAT definitely perplexes me. I thought it seemed like a fair price, but I suspect maybe the high total mileage and disclosed accident may have held it back. I also didn't see miles since the 2012 rebuild (maybe it was mentioned in comments), and the sunset lighting seems to makes the platinum metallic look a lot more pink than I remember. I would have thought that car would have brought at least $30k on craigslist (I know it would in Dallas, but you'd of course have to deal with countless BS calls).

NYNick · NYNick's Garage

I think your $33-35K want is high is todays market, but what do I know?

trader220 · 10-09-2019, 05:14 PM

I think 35 is high for a targa. I just sold two SC coupes on BAT last two months.

Alan A · 10-09-2019, 05:15 PM

Quote:

Originally Posted by sigchuck

I would have thought that car would have brought at least $30k on craigslist (I know it would in Dallas, but you'd of course have to deal with countless BS calls).

I'm not sure Craigslist has a price premium over BaT for Porkers.
If it did BaT wouldn't exist imo.
YMMV and all that though.

GLWS, but I think unless you drop the ask it'll be sitting for a while even with the rebuild - unless it's exceptionally pretty.

Matt Monson · 10-09-2019, 05:35 PM

Based on all that,assuming pictures check out $28-29k selling price. Ask $30k and be negotiable.

nixtfy · nixtfy's Garage

Quote:

Originally Posted by Matt Monson

Based on all that,assuming pictures check out $28-29k selling price. Ask $30k and be negotiable.

FYI you may miss the targa. I have owned 2 coupes and now a 1988 targa. I can’t see why I would ever sell it. Mine does have a 3.3L turbo motor which makes a difference.

Also the fact the targa has been fully sorted makes it easy to keep. What does the 930 need?

Vaive · Vaive's Garage

In the real world: $27-28K.

On BAT: Who the hell knows? That place is so divorced from reality, you could get lucky and hit $38K with 3 bidders each trying to get their 15 minutes of internet fame.