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should I buy a 65 911 project car?

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Old 08-12-2004, 01:57 PM
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judd944
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Default should I buy a 65 911 project car?

I met a co-worker that has a 65 911 in 3 shades of guards red. he has owned it since 87. it was a project car for him then! He said he would make me a great deal. It in in non-running cond. I have done quite a bit of work with 944's but should I take this on? he said it is not one of the early 65's that are worth a lot of money he said it was just a 911. he also said the floor boards had some parts welded in to fix holes. tan cloth interior in the car. It has been stored inside since 87.
Old 08-12-2004, 03:04 PM
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JackOlsen
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That'll be expensive, probably.

If you're considering it, I'd get a shop to look at it, to lay out the ballpark costs of bringing it back. Usually, this means spending twice what the car will be worth when it's finished.

But then, that's half the fun.
Old 08-12-2004, 03:12 PM
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epbrown01
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Jack's right about the expense - I love the SWB cars and will own one myself some day when I can somehow prevent IL weather from eating it alive. But they're trickier restos than most because lots of parts are starting to become NLA or expensive. Current practice is to cannibalize 912s, but things seem to be getting tight even then. And even then, it won't be worth much because the LWB models (post-68) are seen as more desirable. Personally, it's my experience that the SWB cars aren't as scary as back in the old days due to improvements in tires, but I've only driven one and ridden in another...

Emanuel
Old 08-12-2004, 03:16 PM
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judd944
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hmmm. so it depends what cheap is. for a few hundred I may try to pick it up.
Old 08-12-2004, 07:00 PM
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Jay H
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Originally Posted by judd944
hmmm. so it depends what cheap is. for a few hundred I may try to pick it up.
I'll give my $02 on this one...

1965 911 for $200.

Add:

Body work to remove rust: $1000 - $5000
Repaint worthy of a Porsche: $5000 - $8000
Motor & Carb rebuild: $5000 - $10,000
Tranny rebuild: $2000
Restore Interior: $2000 - $5000
Suspension and brakes: $2000
"While you're in there": $2000 - $5000

You can spend $20,000 to $35,000 fixing this car up to proper Porsche standards if you have to have an outside shop do most or all of the work.

If you have deep pockets and love this particular car for some reason, go for it.

Or, if you can do most of the restoration work yourself and can do most of the labor yourself, then you may come out ahead. But, parts are expensive (as others have mentioned before).

Otherwise, save your $200 and buy a mint '65 already restored for $13,000 and you'll be miles ($) ahead. You'll still have have something to tinker with since these old cars always need something.

Again, just my $.02...

Jay
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Old 08-22-2004, 11:16 AM
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david brunson
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Default 65 911

HI,

I have a 66 911 # 300720, a very early model and love her. I have owned her for 2.5 years and there are very inexpensive solutions to bringing one back. restoration design offers nearly all of the body panels you would need and very reasonable prices.. www.restoration-design.com also keep in mind what you are wanting to do with the car. probably not a concours event.. then dont go wild on a resto. Mine is in very good original condition and I am planning on keeping her that way and at some point do a high quality resto on her, but not right away. Right now I am maintaining her so that I can go out and fire her up anytime I want and simply enjoy the thrill that only an early swb 911 can provide.. Go get her, you wont regret it.. well there may be times you do but.. haha.. have fun..

david
Old 08-22-2004, 01:00 PM
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Matt Romanowski
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Don't know if you've made a decision yet, but I would vote go for it! You'll never get your money back, no one else will ever see the value in it that you do, but I would do it. Then again, I'm a real sucker for swb cars.

Matt
Old 08-23-2004, 12:19 PM
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judd944
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no decision yet but the wife want a cab by next summer so we are looking at boxsters. much more inital cost but it may be cheaper in the long run by some of the figures! the car would be shown for fun or lightly restored then given to my father. still no decision for sure.
Old 08-23-2004, 03:07 PM
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JackOlsen
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If you need a Boxster by next summer, then wait a while. Their prices are going to continue to drop.

I think they're entering the territory of being a great deal, in terms of car to cost.
Old 08-23-2004, 03:09 PM
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If you want a project buy a project. If you want an old Porsche, buy an old Porsche. A really nice clean rust-free mechanically sound car like the one you are looking at (regular 130hp 911) would be about $10K +/- a thou or two.... the $25-30K for the project is probably right unless you do all the work yourself.

A used Boxster has to be the deal of the decade right now. You can buy excellent ones all day long for under $30K. I'd recommend going for a 2.7 liter car, but if price is an issue, you might be able to find a nice 2.5l for under $20K.... and they are by no means slow.

These are fabulous cars with outstanding brakes and handling, AC that works, a power top, and ours has been dead reliable... never seen the shop for anyting but scheduled maintenance.

That said, check on the price of scheduled service... ouch... our 30K was $1,400... plus, if stuff does break out of warrenty, it could be a big hit....but factor that in and its still cheap for what you are getting.
Old 08-23-2004, 04:24 PM
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judd944
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yeah, when are they releasing the new body style of the boxster? the 2.5's should hit sub 15k then. We hope to buy one year from now or a little later. we have a garage to store it so picking it up in the fall will not be a burden, that time of year should make that car a buyers market.
Old 08-23-2004, 05:07 PM
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Yup. I think the new Boxster is scheduled for next year. This fall is the new 911. Not convinced that the new Boxster will really hit the older cars all that much as they have probably found their sustainable base... but certainly a 2004 will take a hit next year.
Old 08-23-2004, 11:30 PM
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epbrown01
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I think the impact of the new model will be significant, as the body style will be different so the guys that are "passing" for new will want to switch.

Emanuel
Old 08-24-2004, 10:41 PM
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Judd, this is the kind of car that you restore for personal satisfaction. Kind of like paying for classes... an education. Costs you money to do it. You have to love the process (this is where "labor of love" is applied) of reconstruction. It is *not* fiscally sound!

If you have tons of experience, all the skills yourself, a huge stash of early 911 pieces, parts, and components, as well as a nicely set up shop (with a lift and rotisserie), then you have a running chance of coming out the other side of such a project without losing a ton of money. That is of course if you do all the work for free and don't include labor in the finally profit and loss statement.

Just give me the seller's name and address and let me suffer through this project!
Old 08-24-2004, 10:54 PM
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SandyI
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The used Boxsters' depreciation will definitely be accelerated once the new body style appears.


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