Whats a '68 Soft Window targa 912 project worth?

[archtech]

Got a lead on one that needs targa top rebuilt , rear window needs replacement completely (SWT parts intact) , interior is nasty, engine is supposedly rebuilt but isn't running, tires flat, needs paint, some minor rust issues. Sits outside under a bunch of tarps. Been sitting for about 5 years. Person wants 9k for it, but I cant get myself to pay that. Just on fixing the obvious as I mentioned, I could buy one already and cruising. The unknowns that come up could really throw things off. Thoughts?

[Macroni]

Stoddard restored 912 swt. $89K !!

Depends how nice you want to fix it!

[archtech]

Wish this was a 69... then it'd be ultra rare...1 of 11. I don't think these 68s can be worth that. There are 68 swt going for mid teens in southern calif...driving around too! I was on a drive this past weekend with Porsche guys from Houston Austin San Antonio and a guy had a 912 swt that he got a couple years ago for 2k. He didn't think the project was worth any more then 5k at best... but 5k is what the seller thinks the engine is worth! So...I'm lost.

[Macroni]

Exotic & Collectible Motorcars | Exotic Classics

another reference point.

These are one of the few cars that can be restored properly w/o you being upside!

[techweenie]

As usual, I agree with Macroni, but there is a limit where rust is concerned.

Be aware that if the car has been sitting under a tarp over grass or dirt for 5 years, the rust on the chassis has been fed all the moisture it needs to work overtime. Rust is the big litmus test on these. Minor surface rust can be coped with -- without going upside down. Chassis rust is an entirely different thing, sometimes requiring rotisserie restoration, which starts at five figures and goes up -- way up.

[archtech]

Here's a reference point I'm assuming on EBAY for Buy It Now of 19,999

Porsche : 912 - eBay (item 300528530350 end time Feb-27-11 07:16:11 PST)

" SOUTHERN CALIFORNIA CAR...VERY HARD TO FIND SOFT WINDOW IN VERY RARE COLOR GULF BLUE [6603]
ENGINE HAS JUST BEEN REDONE ALL NEW POWDER COATING AND CAD PLATING
86MM NPR CYLINDER KIT
RECENTLY REBUILT SOLEX CARBS WITH WIRE MESH AIR CLEANERS
031 DISTRIBUTOR
5 SPEED TRANSMISSION
NEW SOFT WINDOW WITH ORIGINAL HANDLES
TIRES ARE ONLY 1 WEEK OLD 165/80/15 WITH 4.5 STEEL CHROME OEM WHEELS AND CAPS
THERE IS RUST IN THE FRONT SUSPENSION PAN LOWER CENTER PART AND THE FLOOR DRIVERS SIDE REAR [LOOK AT PICTURE]...BOTH AREAS ARE VERY EASY REPAIR
PAINT IS OLD AND CHIPPED IN PLACES
FITMENT ON DOORS AND HOOD ARE VERY GOOD
TARGA TOP IS STILL IN NICE SHAPE
ALL GAUGES AND INTERIOR LIGHTS WORK

SEATS HAVE JUST BEEN REDONE IN HOUNDS TOOTH CHECK AND ARE BEAUTIFUL...

MECHANICALLY THIS CAR NEEDS NOTHING IT RUNS AND SHIFTS AND STOPS AS IT SHOULD"

[Macroni]

IMO there is 30,000 difference between the two blue cars. I can layout the budget.

Paint: $12,000 (total disassembly, minor rust / body repair etc...)
chrome refinishing: $3000 (king of bling)
Interior: $5000 (guages, carpet etc....)
mechanical: $5000 (suspension, brakes, electrical)
Contingency: $5000 (extra rust repair, etc....)



I think the Stoddard car will require a special buyer.