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Location: MINNESOTA
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1977 911S opinions
hired by an estate to do valuation on 77 911S coupe (sunroof)
116,000 miles, cosmetically very good exterior, good interior (blue tartan/ plaid) no obvious prior damage, orig paint (silver) vin/engine # indicate matching. has not ran or been driven for 4 years, i ad vised DO NOT try to start. Bottom of motor wet, large oil stain under. i am assuming motor has to be pulled and at least looked over if not rebuilt. would also need tires, brakes gone through, fuel system flush ect market lately obviously all over the place. I've seen same type, running/driving listed between 15 to 40K any ballpark opinions out there? the estate will be selling. |
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disband
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pictures are worth thousands of words.
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78SC PRC Spec911 (sold 12/15) https://www.youtube.com/watch?v=f7I6HCCKrVQ Now gone: 03 996TT/75 slicklid 3.oL carb'd hotrod 15 Rubicon JK/07.5 LMM Duramax 4x/86 Ski Nautique Correct Craft |
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gearhead
Join Date: Nov 2007
Location: Loverland, CO
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Only 4 years? I bet if that car got fresh gas and a battery it would start.
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I agree with Matt. Only 4 years? She should run. Don’t get over obsessed with pulling motor and doing work that might not be needed. Post some pics. Can’t give any real idea of value if we have to imagine what the car looks like.
Have to ask- you were hired by the estate? Getting paid to come on here and come up with your valuation for them? The “estate” could have done the same. Last edited by kc911s; 01-16-2022 at 07:37 PM.. |
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~30k
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Is it a euro car?
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63 356 2.1 Rally Coupe 75 911M 2.7 MFI 86 Sports Purpose Carrera "O4" 19 991.2 S 25 992.1 GT3RS |
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30 ish, the tartan interior is a huge plus IMHO. If the exterior is blue add 5-10% premium. Does it have upgraded chain tensioners, a front cooler, good Fuchs, sports seats, no rust? Euro add 10%
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Duane / IG: @duanewik / Youtube Channel: Wik's Garage Check out my 75 and 77 911S build threads |
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basically, estate needs official researched valuation my current professional status and history easily qualify me to do so. i asked here as an additional source of information and/or possible comparable. |
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An air-cooled needing work can turn into a money pit for someone not familiar Once you start looking at $20k+, it starts getting into running projects or better (77 911S at least) Interested in seeing photos as well. Even if they are bad. Good luck! edit: tartan interior is pretty sweet, but what is the condition of it etc? I have sold a few of these cars and like to shoot realistically (lower)
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Mario L - Cleveland OH IG & YT @SuperishMario Current - 1977 911S Widebody Project, 1982 911SC Targa Sold - Lost track Last edited by ItzaMe; 01-17-2022 at 11:54 AM.. |
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Based on the description, the car could easily be worth $30-50k+. So much of it will depend on the condition though, $15-20K. is ridiculously low... We recently sold a very nice 77 911 for $60k.
The market is exceptionally strong right now, but you need to find someone that can assist in determining the condition of the car, and help with the sale. It may be worth putting a few $ into it to get it running well if possible. If the car is indeed original paint with a clean unique interior, runs and drives and does not need significant work, it could bring $40K plus. My recommendation would be to have the family get the car to a reputable shop and have it assessed, then find a reputable dealer that will consign the car and put it on Bring a Trailer. That will determine the true value and maximize their return. Trying to sell it without an advocate who knows these cars and what drives the value would be a mistake.
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2007 911 Turbo 6-speed, 1984 911 Carrera, 1974 911S, 75 914-6 conversion/project, 2007 Mercedes SL63 AMG, Coyote Powered FFR Cobra |
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He's not asking what it "could" be worth.
As it sits, $15k. |
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Maybe.
The OP asked for advice and has been hired to evaluate the car. I would assume this means he is asking in the best interests of his clients. The estate should be told what the car would be worth worst case, and could be worth given a better assessment of value and what could be gained with some work. Anything else is a disservice to those who hired him. Im putting myself in the shoes of the client. They may not care about what they get and it could be a windfall for someone who purchased it because of what 'potentially' could be wrong. For all we know, one of the heirs could be a gearhead or would be perfectly comfortable taking on the task, they just doesn't know what drives the value of these cars. If the OP could expand on why they feel it may need an engine out service, that would help. We certainly need more details to give a more accurate summary of its value. There could be several scenarios here. The deceased could have gotten sick and parked a great running car. It could be a well maintained driver with a unique interior, possibly euro spec with original paint with the typical oil leaks but overall very nice. They could put a couple grand in to it and you have a car that could be easily worth $30-50k or more. It could be fairly rough with rust and had been parked due to pulled head studs or any other issue requiring $10-25k to correct... then yes, it could be worth $15k or less depending on how bad it is.
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2007 911 Turbo 6-speed, 1984 911 Carrera, 1974 911S, 75 914-6 conversion/project, 2007 Mercedes SL63 AMG, Coyote Powered FFR Cobra |
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The OP claims his “current professional status and history easily qualify me to do so” in evaluating this 77 911. The questions he is asking and his coming on here needing help in valuation don’t lend very much weight to believing that. He won’t or can’t post pictures. Very hard to help when basic needed items are not presented.
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gearhead
Join Date: Nov 2007
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9STUFFMN, Good advice from all. Doing appraisals as an exotic dealer for 40 or so years ( now retired ), some for Banks, insurance but most for private collections, many needed due to deceased or divorce conditions I would not estimate a certain value on the info provided so far. On my agreement form it stated $250 per hour for any litigation court time as a result of a dispute. On a certain occasion I was very happy an attorney made this recommendation.
If your going to charge a fee best to get the value right using the methods some have mentioned or I would decline to make a judgment. Otherwise its $15 to $50K, more or less. Some involved can be pretty upset if the value is not to their liking. I'd stay out of it unless they just want a ball park figure-( for free ) otherwise spend the time and have someone spend some $$$ to figure out what it needs.
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Anthony @ Voitureltd Bayside WI. Last edited by voitureltd; 01-19-2022 at 03:31 PM.. |
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This whole thread is confusing. No pictures posted. The “appraiser” of this 911 seems to be over his head on this. Advising the family to NOT START the car because of some oil under the car and then thinking that oil is indicative of it needing a motor pull and possibly a rebuild are some red flags to me on his experience with air cooled Porsches. His “professional status and history” might be good enough to throw values at 911s at a local cars and coffee but like Voiture said- Is his history and status going to offer much when the estate goes to court.
My advice for this guy would be: -have car trailered to local Porsche shop -have them perform a thorough PPI on it -post results here -post pictures here After that is done I am certain people on here could get a value down to +/- $500 on this car. Many experts on here with many years of knowledge. |
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Quote:
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77’ 911S |
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25k would be a good price, 30k would be fair and it would be a great sell at 35k.
From the description I would buy that car and any others like it for 15K, If no rust and pictures easy 20K. Times are a changing, #'s need to be upped on everything. |
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Maybe this will help. I would say this was well sold...
https://www.pcarmarket.com/auction/1976-porsche-911-2/ Pictures of the 77 would be sweet.
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Mario L - Cleveland OH IG & YT @SuperishMario Current - 1977 911S Widebody Project, 1982 911SC Targa Sold - Lost track |
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