Value of 70 911T Project
 

I'm looking at purchasing a project 1970 911 T that has some rust. Actually, the longs look almost completely gone and floors look rough. It does come with new metal, inner and outer rockers along with new floor boards.

The car was originally signal orange (not much of the original color shows at the moment). It comes with matching numbers non running but turns engine and unknown condition sportomatic transmission. Interior is complete and in driver shape. Decent dash board, original steering wheel and all gauges present. All glass and trim come with the car as well. The wheels look like BBS, not the original fuchs. Complete car though.

I apologize, I do not have any photos to share at this point. My question, what do you guys think is a good purchase price on this car? It does need a lot of work but I think it could be a nice car in the end.

Thanks in advance for your feedback.
Lou

No one...

I'm going to see this car in person on Saturday and would just like an idea of what a fair price to offer is. The seller is looking for low 20s, not sure it is worth that much due to all the rust issues, unknown trans and engine not running but I could be wrong. The fact that it is a sporto make it better or worse? Any thoughts?

My take, if its a coupe $15k - $20k retail depending on a final inspection and missing small parts. Most likely needs a trunk pan and front crossmember too. Fender rust? Cowl top rust? I sold a non-matching number 911T coupe in similar shape 18 months ago (market on fire) for $29k, but those days are over (for now).

Start your offers at under $10k and go from there.

Steve

Steve, thanks for the reply.

Wow, 29K, you did well.
It is a coupe (no sunroof). The seller claims all the pieces are there. Not sure about fender rust or the cowl. Will see on Saturday.

Signal orange you say.
Hmmm - I can "meet" you and lend an eye.
Ha. Jk.

$14k for a rust bucket in Hawaii.
1972 Porsche 911 T | eBay

It is very difficult to make a proper assessment of a vehicles potential for restoration without looking at it. however with that being said... With the level of visible rust that is present and accounted for you can reasonable assure yourself that you will discover upon close inspection at minimum 25-50% more additional areas of rust related concern. Rust will be your biggest area of concern even if all other parts are included with the purchase. Extensive rust repair jobs can get very expensive and finding donor cars has become a near impossibility. (You can though purchase many of the rustoration parts new.)
The value of these unique vehicles though not as lucrative as it was a couple years ago is still a solid investment if done wisely.
The main appeal for most Porsche enthusiast is to own a drive an early 911. While it is fun to watch the demand for them soar past the 100k mark, many owners would not sale them anyway.
So much of this purchase depends on your END GAME or desired results.
Restore purely for future profits vs Restore for enjoyment, life long project desire etc?
Taking a WILD guess based solely on your description of the vehicle I would guestimate anywhere from 18k-35k. I know that this is a big gap however there are many variable to consider.
hope it works out for you.

You can get a nice enough driver for $40k so I wouldn't pay anywhere near $20k for one with that much rust and a sporto to boot.