76 911s Targa

[steve930t]

I have the opportunity to buy a 76 Targa. It's totally rust free and and actually runs and drives really good. The paint is shot and was converted to red from the original brown. Under the hood and engine bay were never repainted and are in nice shape, so I'm thinking it makes sense to go back to the original color. Or is brown undesirable enough to warrant a color change? Anyway it will need to be gone through but can be used as is. The motor is original. Not sure of the history, but runs good. It does leak oil. The original top is gone and now has a fiberglass replica. The interior is fair. I'm lost on the values of these cars lately. Whats it worth now and whats it worth with a nice paint job?

[SalParadise]

There is a nice '75 for sale in the for sale section at $28K. And what I mean by nice, is that it's a surviving '75, and in any form that is pretty nice. A lot was done to it. And '75 is more desirable.

There was also a '76 this week for $17.5K that had some rust (not bad) and looked good. It sold. I would place yours at $22K give or take. Remember it takes time to straighten a lot out (think fuel lines, fuel system, old suspension, etc). But frankly things are cooling off so I wouldn't peg it higher than this.

Some people around here are going to say $25K all day, but I don't think so. Color change may effect it, but not really, because a mid year in any form that drives is good. Mine was repainted red in the '80s over the silver, so that's usually the game. The '75 for sale was also repainted red. Many were.

Also, the thread is pretty worthless without pics.

[SalParadise]

And yeah, I am a Targa guy who thinks Targas are worth more than coupes with sunroofs (at least). Also, as far as your "warranting" a color change, everyone on the entire planet wanted (or still wants) the red Porsche of their dreams. Most certainly on this very day the original brown would pull much stronger money.

[pmax]

Targa's are fun nice weather cars. Perfect for summer evening drives. They are unloved in the marketplace so can be a bargain relative to the coupes. Driving enjoyment is unmatched however. Not a big fan of the narrow body targa myself, but there are others ! The bad repaint hurts in this case. I say 20K would be a stretch and that's assuming the engine is in reasonable shape.

[NYNick]

A decent running 911 no rust (and you said rust free! in CT? hmmm) below $20K? My how times have changed.

[msort81]

Originally Posted by NYNick

A decent running 911 no rust (and you said rust free! in CT? hmmm) below $20K? My how times have changed.

Yup many Porsches have dropped back in price since the heady days of peak bubble. Plus as we have seen in auctions this summer the smart money (true collectors) know it’s unlikely to come again in their lifetime.

This all comes as a consequence of ineptitude in the WH and globally. But Thinking beyond 2020 and considering the probably radical / knee jerk solutions we will have to enact to avoid 2 degrees C rise world wide, my money says Gas powered cars are museum prices in waiting as Gas taxes rise and the govt offers ‘incentives’ to switch to Electric or Hydrogen before outlawing Gas power on public roads.
Drive them while you can.

[ficke]

Originally Posted by msort81

Yup many Porsches have dropped back in price since the heady days of peak bubble. Plus as we have seen in auctions this summer the smart money (true collectors) know it’s unlikely to come again in their lifetime.

This all comes as a consequence of ineptitude in the WH and globally. But Thinking beyond 2020 and considering the probably radical / knee jerk solutions we will have to enact to avoid 2 degrees C rise world wide, my money says Gas powered cars are museum prices in waiting as Gas taxes rise and the govt offers ‘incentives’ to switch to Electric or Hydrogen before outlawing Gas power on public roads.
Drive them while you can.

Short sighted ideas controlled by fear.
"Smart money true collectors"? 'Sports car market' magazine is not written by stupid people who are not real collectors. to name one source that disagrees with you.

"ineptitude in the white house" besides PARF, half the population thought the world will end with the previous president and now half thinks the same with this one, guess what? they are both wrong. Do not let fear control your rational thinking.

The US is becoming a bit player in the global warming issue. Just look at the CO numbers Also the US has a little to say to emerging countries who want to travel and enjoy the life style that we have here and in Europe.
Toy cars will be played with as long as there are humans playing. Cars for transportation is another matter and does not effect this conversation here in market place with air cooled Porsche which are essentially toys used less and less for transportation.
Like some one pointed out so well in another thread, horses are still very much enjoyed now even though they are not used as "grocery getters" or transportation any more, they are just toys.

[Matt Monson]

Ficke,
Don’t you have a nice 76 targa for sale? Not a screaming deal but a nice well tended car for someone really looking for one.

[ficke]

Yes Matt I do.
It is a friends car. It needed nick nack things fixed and he would not do it, he was getting divorced and did not want to spend any more money. I bought it from him and started fixing the things it needed, new alternator, fixed the door latch, door pocket, ride height, I installed a stock Porsche exhaust. etc.
But really small stuff relative to work like paint , tops, engine work. Now this 77 Targa I have is a rust free, dry no smoke 3.0 car with no accident damage, new paint and all new rubber, new dash and top. a nice car. It would take at least 20K to make the OP's car in the same condition as the 77 targa I tried to sell. Highest bid we got was 24.500 before the work I did.
Using the reverse discounting for work need that some use the OP's car he is looking at should be $4,500. I do not think so.
I believe OP car is about a 20K car.
I believe I will sell my 77 Targa for at least 30K.

The fluff is out of the market and people are thinking before they buy now, I like that. It is more stable and predictable.