Opinions Need; EBay 69T

[Macroni]

Porsche : 911 - eBay (item 250736601407 end time Dec-09-10 14:51:58 PST)

Here is a rusty but complete 69T. I am torn as to value. The car is local to me and very complete w/ a great color. Help appreciated........

[BK911]

Oh wow. Love the color, but that thing needs some serious work.

I am a sucker for these projects so I would probably pay more than most.

Maybe $2500. It's *only* sheet metal.

edit: Wow! I just saw the auction is already at $5k. No way I would pay that much.

[PropellerHead]

At $5k I'd say you're borderline. While complete and (perhaps, I note some overspray on battery cables and i think the trunk should be black in '69) quite original looking, much of what is there will need restored/replaced. VIN looks like a 1970 not a '69?
I usually look at part-out value on a serious project like this and I see what look like deep six Fuchs (as-is condition probably $1200?) and a complete drivetrain. Probably has Weber carbs and a core 4-speed 901 and 2.0L engine. Figure $700 for the motor, $500 for the webers, $400 for the 901, perhaps more if a 5-spd. The body, trim and anything not full of rust/rot and you might have another $1000 there pretty easy. My figures might be conservative but I'm coming up short of the $5k price it sits. I'd have to be very emotionally attached to something on this particular car. Parting a car takes a huge investment of time, not as much as a restoration, but it is still significant. Speedo is in Km/hr?
To take it on as a resto project......that's a lot of cutting, welding and body work without considering mechanicals, suspension, interior. In the end you have a '69 911T with a full restoration it might be worth $25-$45k depending on how far you take it. It'll cost that much or more to get it there though even without hiring it out and doing most of it yourself. $4-5k engine rebuild, $2k trans, $1k suspension, $4k interior, $1k seals/trim, $2k replacement metal, $3k paint/bodywork (materials alone) = $18k + $5k purchase and no labor considered. That doesn't consider any restoration of things like fuel tanks, gauges, wheels, tires, brakes and thousands in unforseen expenses.

Heck, I spent $2400 in just parts to bring my 'barn find' 911 back to running condition after it had been sitting for ~6 years. Most of that expense was getting safety issues addressed. Brakes, fuel lines and fuel system refurbish, carb re-build, wheel refinishing (done by me, didn't send them out), pedal box re-build shifter bushings, etc, etc, etc. The list for this car would be huge compared to mine.

[Macroni]

Thanks. This has been a sanity check. I agree that emotion (child birth/kissed wife 1st X/ Dad's) would have to be involved to restore this one.

Still great color!

[Matt Monson]

That's what color my '70 Targa was, though I personally never got to see it that color. By the time it got to me it was on it's 3 color change to an '80's Carrera blue. However, when I sold it to Europe it was given a bare metal respray and returned to the original Orange. I got sent pictures after it was done. One of my all time favorite colors.

But I agree with the others. At $5000+ this car's a pass, beautiful color or not.

[Cal44]

That is, may favorite color.

But, remember the rule of thumb (what the hell does that mean anyway).

"What ever rust you see from the outside, it five times worse in the areas you can't"

[carjmark]

Unless I could go inspect this car I would not even consider it except for parts.

As of this morning the seller's been asked 13 times for photos of the underside/suspension and has not provided and has deferred in every case with replies from I'm not a photographer to the body loOKs OK. There is no way to verify the car is beyond restoring without an inspection.

His claim that the car in number matching is also suspect as he offers no documentation. This would be really high risk remote purchase; a lot of more "defined/less risky" projects around.

[techweenie]

This is an expensive education on 4 wheels.

[BK911]

" this car is in good shape , has typical rust for a 30 + year old "

Oh wow.

@Cal44: Rule of thumb means you can beat your wife with a stick not thicker than your thumb. Seriously.