RSR Triibute (1972 911T) value?

[Sunroof]

What a barn find.....................
I came across a 1972 911T with only 60K on the speedo (true mileage) that has sat around in this guys garage for almost 10 years. It has not run for ten years! The owner took the body and made it into an RSR tribute with the rear wheel body flares (fiberglass), duck tail spoiler and front spoiler. What really surprised me was it had a 2.7 215 hp engine. The interior although never changed or molested (still has original steering wheel) has mold on the door pockets, some on the dash and near perfect seats. The wheels are the black factory fuchs. The body was a repaint (red to metallic gray), but appeared flawless. I was told the car had no rust.

I am trying to get some rough value or estimate of the value of this car if we look at it as an excellent roller. The guy does not intend to do any rebuilding or pay to get it running. After ten years its hard to tell what needs to be done, but it looked great despite sitting in the garage for ten years.

Any ideas?

Thanks

Bob

[Todd Simpson]

You'd need more information to determine the value.

Most RSR's that were done "back in the day" with fiberglass flares were not done to a high standard and the car would be worth more if it were just left stock. (you mention rear flares...are the fronts flared as well?)

On the other hand, let's say the car was built with a 2.7RS spec motor, with the correct numbers for a '73RS, and let's say the fuchs are the correct 9 and 11 inch for the RSR...you'd have many tens of thousands in parts with just those two items.

So...post some pics, but remove all evidence of location or plate numbers. You wouldn't want someone else scooping your find.

[Sunroof]

I posted the photos on the BBS, under the same heading. which got alot more attention. Still looking for a decent value if its indeed rust free. Body was in great shape despite the ten years of garage dust.

thanks

Bob

[racer]

Saw the pics.. its only an "RS" tribute, not RSR.

Longhood prices are crazy. To me, its worth about $10K tops, depending on any rust. Assume motor is dead, brakes need rebuilding, suspension rubber likely shot.. you are looking at some big $$$ to get it running again.

And when you are done, its a non-original '72T. The value in longhoods today is "originality" or appearance of originality.. not in "another RS clone"

[Sunroof]

I agree that this is strictly classified as a "roller", but if the interior can be cleaned of some mold, the interior is going to be close to excellent and probably would be parted out if the owner intends to continue with the RS look (RS door panels, racing seats, etc). It all adds value the way I see it. Yes, originality is key, but I would rather take an excellent rust free RS clone body (thats the assumption thus far) and build on that. Parting everything else out does help. I cannot add more until I get underneath and look for any rust................

[Sunroof]

I will be posting a lot of photos of this car after its cleaned up. The big question will be rust. I will photograph as much as I can. Regardless, it will have to go and be put on the market. The owner agreed to let me present the vehicle for him since he is involved in many other activities. If any are interested I can keep you posted as we progress on this. The engine will not be removed nor any of the car parted out. Its in the Atlanta, GA area.

Thanks

Bob
73.5T
Porsche owner for the last 40 years!

[mpetry]

the marketplace sets a value, there's a put and a call.
What do you think about the Gulf blue '73 posted at $85K ?

I'd say about 20K high. Comments ?

[Sunroof]

Thanks Mark.
The market is all over the place on the longhoods. For this 1972T RS clone its going to be about rust. Its been sitting in this garage for over ten years, so their is no telling what it would take to clean and restore the brake system, fuel system and the engine. It will be cleaned up (interior and body) and sold as is. The owner does not want to do any work on it. He is liquidating all of his car collection.

If it has no rust, seeing that the body is just about perfect, the interior original and in great condition and only 65K on the chasis, it will certainly go over 10K. I am not sure it would ever fetch 20K as you suggested.

As for the 1973 Gulf Blue going for 85K? Tha'ts an asking price, but it would not surprise me to go for a strong figure seeing the rise in longhood prices.

Bob
73.5T

[BK911]

Originally Posted by Sunroof

If it has no rust, seeing that the body is just about perfect, the interior original and in great condition and only 65K on the chasis, it will certainly go over 10K.

Unfortunately fair market value and what somebody will offer are not the same.
Seems like everybody is looking for a screaming deal these days, even for the long hoods.
Either way, good luck with the sale.

[plumber]

Ok can you post the link to the pictures BBS?!!!!

dumb plumber!

[andoni510]

Originally Posted by plumber

Ok can you post the link to the pictures BBS?!!!!

dumb plumber!

http://forums.pelicanparts.com/porsche-911-technical-forum/690304-extrodinary-barn-find-rsrs-tribute.html

[Sunroof]

Here are some photos taken today after pushing out of the garage after sitting idle for over ten years.

[Sunroof]

ad posted last night for this car..........................

Bob

[BK911]

Wow, she cleaned up nice!
She might be a couple of weekends away from being a sweet little hot rod.
May want to think about doing a leakdown test.
Couple of hours in the garage could add significantly to the selling price.

[Sunroof]

Thanks, but getting it to a shop is pretty tough right now. Lots of interest on the car right now and several lined up to see it.

Bob

[Sunroof]

..............................sale is pending on this car......................................

[trader220]

Originally Posted by mpetry

the marketplace sets a value, there's a put and a call.
What do you think about the Gulf blue '73 posted at $85K ?

I'd say about 20K high. Comments ?

puts and calls are exactly the same thing. ie. call put parity. If they're not then there is an easy arb opportunity

[Sunroof]

Not sure what your talking about here with "puts and calls". Market fluctuates like crazy on longhoods. I know one thing, rust free examples are sought after and folks will pay the cost of entry to own one....................

[Sunroof]

Well, this car was sold this week for the asking price and is now on its way to California for restoration. I do not believe the new owner is using the 2.7 engine. It is one of the best rust free examples I have seen in awhile. Based on the activity on this car with several inspections and offers in the teens, interest in well sorted longhoods as expected is increasing in price and will continue.

Bob
73.5T

[Sunroof]

Amazing..........as of today 6,635 views on this car. I do not know what the record it, but that's a heck of a lot of folks. And the car is already SOLD!

The value of this car became very controversial based on its current condition. I always viewed this particular car as a perfect restoration candidate because it was rust free, straight, accident free, never raced and with good mileage (125K) over its 40 year life thus far. It is going to an owner who intends to take it apart and rebuild it starting with a very sound chasis.

So does this kick up the ante on the cost of admission for longhoods? Maybe so or maybe not. For all the doubters, it sold for the asking price and several were willing to pay the asking price and many offers where very close to the asking price. What it told me was that folks will pay for a rustfree example even if restoration of the systems or an engine replacement is warranted. Once this car is restored it well match the other beautiful RS clones that are running 40K and above. It was a good buy for the new owner.

Bob