January 2008: '73 911T CIS cpe @ NY dealer.... $55.9K!

[evergreen]

This popped up today - Jan 19 2008.
http://www.auction123.com/showroom/porsche_of_roslyn/index.html?&sort=Year&hidenew=true&wait=false

[Sunroof]

Geez............."Super Rare" heh? Amazing. For those searching for a 1973.5T, these came off the assembly line is fairly large numbers and the "T" historically was the lower priced of the "S, E and T" models. So I am not sure how they define "rare" here that warrants 55K!? As an owner of a prisitine 1973.5T its always nice to see prices go up for these older cars, but at this 55K price this would be closer to a national concours winner! The 1973.5T has been going up in value as are all the older 911's, but a decent original 1973.5T car in my opinion are now in the 20's range.

Bob
1973.5T Sepia of Course

[kilodawg]

Hey Bob,

If you know of any longhoods in that overall condition that you can buy in the
$20K's. Please let me know. I could use another.....

[GothingNC]

Here is a nice 73 911T for under 20K in the NC area.

http://www.thesamba.com/vw/classifieds/detail.php?id=228568

[Sunroof]

That one for 17.5K ain't bad for starters. I am looking forward to the next "market update report" in Excellence magazine by Bruce Anderson on the latest longhood estimates. I believe the longhood market update comes out in one of the spring issues.

Good 1973.5T's are out there at reasonable prices but it takes time to find them. Stick with it and you'll find the right one for you. Just make sure you get a mechanic who can do an excellent PPI. The thrill of the hunt is half the battle. To pay 55K for a 73.5T is outrageous!

Bob

[Sunroof]

Taking a quick look at those photos of the 55K car, its apparent their is no air conditioning, the dash has an overlay (probably plastic), the chrome trim is missing from the map pocket (front) on the drivers door, and the 911 emblem is missing on the glove box door for starters. Whatever, "where's Waldo" finds can we make here?

Bob

[t6dpilot]

If that car is 55k, then I wonder what our 27k mile perfect original tangerine 73.5T is worth? 90k maybe. Yeah right.

[jetdriver21]

This is a reply from the seller of the "immaculate" 73 1/2



I see you offered $30,000 for the 1973 ½ 911T Coupe in Orange that we have. The car is the most perfect car you will see. We are asking $55,900 for this car. Please come back with a more reasonable offer. We do not mark up cars $25,000 and make 100% on them. I own the car for more than $30,000. Thanks.




Mark it down folks, another "perfect" 35 year old car.

[kilodawg]

Hi guys,

Posting these comments just for discussion not to start or perpetuate an argument.

I'm not saying that the $55K car is worth that however it's worth more than in the $20's. To get that $17.5K car to the state of completeness of the other would push that car well into the $20K's. The add also conspicuously makes no mention of potential rust whatsoever.

Now as far as the comments to the $55K car go.

1. No A/C. So? It wasn't a given that these cars came with A/C (many/most did not) and aftermarket dealer installed A/C was often a hack job anyway.
2. I don't know enough about how the overlay dashes work but this appears to me to be a complete dash whether it's original or not and not just an overlay.
3. It looks to me like the front trim is indeed on the drivers door pocket. It just isn't reflecting light back to the camera well.
4. 73's did not come with a 911 emblem on the glove box

Now on the other hand the interior appointments look correct (leather, carpet etc. are of the correct materials/pattern). The engine compartment looks tidy. The external trim looks good and the front bumperettes are there.

I'm sorry but to me thats one nice car from the photos and easily a car that would potentially sell above the $30K mark. Again a lot depends on PPI and an in person assessment but this car and the $17.5K car are in different leagues.

[Sunroof]

Okay........

We have no idea just how much restoration was done to the 55K 911. No other information aside from pictures and the miles were posted. For the miles though its apparent the interior was restored to new condition down to the original steering wheel. My 73.5T with fawn interior came with a factory mounted small Porsche emblem (not painted) on the glove box door. One would assume for that amount of money that you would be getting a concours vehicle, complete with a rebuilt drivetrain and updates. Factory AC, which was an option in the 73.5T model is great if working well. The original units came with the red fabric barrier hoses that would require replacement as well as a R134 coolant update. The knee level blower vents are sufficient to keep you cool.

I guess the bottom line is that if the seller gets 55K for this vehicle, it pushes the envelope quite a bit for all 1973.5T models out there.

Good luck with your searches

Bob

[kilodawg]

Hey Bob,

Do you have any photos of the emblem on your glove box? I'd be curious to see it. My '73T (MFI) doesn't have one and I know for a fact that my '74 didn't since I bought that new. Just curious as to what it looks like. I can't recall having seen one before.. But I have much more experience with the '74 and up cars.

And again don't get me wrong I don't think the car is a $55K car either but I would think he could sell it for $35K-40K given some time and it coming across in person as well as it's presented in pictures.

[jetdriver21]

This is an email I got from the dealer today.



Jason,



Thanks for your responses, but I am looking for that idiot with too much money to buy this car. They are a lot easier to deal with.


Eric

[Macroni]

Originally Posted by jetdriver21

This is an email I got from the dealer today.
Jason,
Thanks for your responses, but I am looking for that idiot with too much money to buy this car. They are a lot easier to deal with.
Eric

I already have a car.....................

[Jay H]

Originally Posted by jetdriver21

This is an email I got from the dealer today.
Jason,
Thanks for your responses, but I am looking for that idiot with too much money to buy this car. They are a lot easier to deal with.
Eric

Well, there's our answer on the pricing of this car. The dealer obviously feels that if this car is priced extremely high, it'll bring a different kind of buyer to the table. A buyer that feels that if the car is priced this high, it has to be good and they will just buy it on the spot.

The rest of us educated buyers will pass and move on to the more reasonably priced cars.

[wm711]

I know the dealership. I am friends with the owner. He is a stand up guy, an avid enthusiast. There is no point in getting upset or offended because a nice car is out of our reach financially, be it a T, E or S. It seems every car I look at is out of my league, but I do keep looking. I eventually find something I think is a fair value. I know some of you have been searching for quite some time. You make what you consider a fair offer, and it is rejected. Not a good feeling. I just don't like seeing my friends at Roslyn Porsche beaten up on. They are good people.

[Jay H]

Originally Posted by wm711

I just don't like seeing my friends at Roslyn Porsche beaten up on. They are good people.

So, if they are good people, why are they making statements like this??

Jason,
Thanks for your responses, but I am looking for that idiot with too much money to buy this car. They are a lot easier to deal with.
Eric

This dealer is free to make as much money as they can on each and every car they sell. We're also free to offer our opinion on their pricing strategies.

[wm711]

Have you ever been pushed a little to far, and responded in a rash way. Do we know what statement or question was asked which might have caused such a reaction? Do we really know all the facts...

[wm711]

Originally Posted by Jay H

So, if they are good people, why are they making statements like this??



This dealer is free to make as much money as they can on each and every car they sell. We're also free to offer our opinion on their pricing strategies.

never tried to question your opinion, I'm just defending my friend.

[Jay H]

Originally Posted by wm711

Have you ever been pushed a little to far, and responded in a rash way. Do we know what statement or question was asked which might have caused such a reaction? Do we really know all the facts...

You are correct in stating that we don't know all the facts. All we have are about 20 vague pictures and very little information on a '73.5 T that appears nice at first glance and is priced at the upper end of the spectrum for these cars, even in a hot long hood market. We also have two relatively typical used car salesman comments that someone posted on an internet chat board that are tainting our opinion about the seller and the car.

wm711, I'm not flaming you or trying to cause trouble. I applaud you for defending your friend.

It's also appearant that someone has spent a decent amount of money restoring this car since the interior looks fresh, the rims are refinished and the carriage work seems good from the little we can see in the pics. We have no idea how the mechanicals on this car are.

I think that if this car had it's original paint and interior in excellent shape, ultra low mileage, a solid water tight history, up to date service, no major issues present or looming and full documentation without the used car salesman comments, we'd all be changing our tune about how this car is priced. Until we know more, the normal human reaction is to be skeptical.

[wm711]

Thanks Jay-I appreciate your comments. Its a different world up there in NYC with respect to the customers this dealership attracts. I'm out here in B-F Kentucky looking/buying stuff with rust holes the size of Bowling Balls. A Porsche dealer keenly interested in early cars... I wonder how many of them are left out there. Talk to you soon-Bill Woods