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$18k Fair Price for 73.5 CIS w/100k+ miles?....

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Old 01-20-2003, 01:48 AM
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mapes
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Post $18k Fair Price for 73.5 CIS w/100k+ miles?....

I am considering an early 911 that is supposedly in great cond. The car is out of state so I have not had a chance to check it out. The price seems a bit high to me.

Is over 100k miles hit for this engine?
Will I have any problems getting it smogged in CA?

Thank you.
Old 01-20-2003, 01:50 AM
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Todd
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too much...unless it's a mint "S"
Old 01-20-2003, 02:07 AM
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Mike Kast
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I'm seeing sc's 80 to 83 going for around $15,000 actually thats asking price. Most everything I've been following on Ebay, just to get a sense of pricing, is never reaching the reserve price. I found 2 83 cabriolets this weekend, asking price is $17,000. One 1980 coupe for $14,500. I don't know the condition of the cars, but those prices seems to be about right in line... I think????
Old 01-20-2003, 02:17 AM
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RANDY P
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Think it's the bank stopping those deals. No lender will touch any car like that regardless of what Bruce Anderson, Excellence, or otherwise says. It was explored as an option when I purchased my 81 last year, and even then best deal I found was 80% of book ($11k) for my car. Didn't qualify anyway, so I paid $12.3 against an asking of $12.6 (was basically a stock car at the time) and just bought it straight out. At that price, the catch was 4 bald tires, 4 bad brakes, wonderful paint and body, and a so - so interior. Plus leaky oil lines. It was a good deal then, not so good now, plus impatience played a part. The real self - screwing started when I poured all the $$$ into it. Now the car MIGHT be worth $13K even though I've got 2x that into it.

My point is, that there seems to be a great difference between what the banks say Porsche's are worth and what the sellers think (Randy P investment syndrome perhaps?), that is if you can even find a bank that will even lend for a 20+ year old car.

Book value is what a lender goes by, which is less than what these guys are asking. Since financing is limited, so are the potential buyers (cash only)

And this is their dilemma.

rjp
Old 01-20-2003, 03:20 AM
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slammed1000
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the good news is that a 73 doesnt have to pass california emissions. that is why people in your area want these cars. you can put a later style motor in them and have as much fun as you like. as far as price i think it is a little to high but you get ehat you pay for!
Old 01-20-2003, 03:34 AM
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JackOlsen
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Seems odd to go too far out of Southern California for an early 911, since there are so many out here (although, as it happens, I got my 73 in Illinois).

But $18,000 for a 911T, is very high. Unless there's something extraordinary about it (very low miles, concours history), then this seems like an easy pass.
Old 01-20-2003, 08:38 PM
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Martin S.
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I agree with Jack above, and here is why. The 911T (I know, Bruce Anderson loves the car, and I respect Bruce Anderson's opinion.); you could probably drive a 73.5 911T to the moon and back...they are extremely reliable and not that complex, compared to keeping a higher HP E, or a rocketship S running. CIS may be a little better than mechanical fuel injection (No Injection pump to re-build), and true, CIS became the injection standard through the SC model run. But CIS is no bargain. There are very few mods you can do to a CIS motor and still have it run well. I had a 73 911T non-suntop coupe...I loved it. However, at about the same time, I drove a 73 911E...the T felt a little slow after that ride.

Compare the E and S to the T and you will see that you may be missing out on lots of goodies that speed and HP junkies feel are important. I believe the cylinders were different, compression was lower, cams were milder, the front brakes were smaller (tiny by comparison to S calipers), they had mini sway bars if any at all.

The car to look for IHHO, is the 69 to 73 911E. These little cars are rocketships (Psssst, don't tell anyone or the prices will start going up.) The cams were such that you can drive around town and not have to worry about the spark plugs loading up like a 911S, and the E comes on the power much sooner that the S.

In California, 73 and older cars are exempt from smog. This means you can do about anything to the motors and still be legal, example, add a PMO carburation system, or add a Webber system, put headers on the car...although the SSIs aftermarket heat exchanges do a great job.

I would suggest you dig into Paul Frere's The 911 Story and compare and contrast the benefits of the 911 T, E and S.

Enjoy the chase...looking for a Porsche is almost as fun as owning one. <img border="0" alt="[cheers]" title="" src="graemlins/beerchug.gif" />
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Old 01-20-2003, 09:05 PM
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cmoss
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Too much!



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