Help, 1973 Barn story
#17
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Originally Posted by randywebb
But Grant, will your insurance co. replace your car with a carbon copy?
#18
Grant, I seriously doubt if they will insure a new 16 year old driver for a couple hundred a year, if at all (even driving an old beater with only liability and uninsured coverage runs about $100 per month for a 16 year old and that includes discounts for multi car, limitied mileage and good grades - I know I've gone through this with a two kids over the last couple of years). I think I'll give them a call and see what kind of a quote I get, if it is the case, I will may consider switching and making my kid the primary driver on my P-car, however I would never let him drive it without me in the car as well, at least for a couple of years until he gets some experience under his belt...
#19
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If the car is not rusted I say go for it! I know two guys that have done full restorations on 911's. I think you will find it takes longer than you plan on. I would love to get my hands on a $1,500 911 to play around with. My dad and I talk about this from time to time (either an early 911 or a 356). If the right car comes along, it may happen, someday.
#21
Originally Posted by SandyI
Don't kid yourself that a 911E can't be too much car for a 16 year old. A 31 year old rear engine car with 165 hp isn't nearly as safe as a new Subaru. My 1969 911E is my daily driver and there is no way I'd give it to my son or daughter as their first car.
So I did it. And while learning about ceramic clutches I chunked both rear tires.
We both learned something.
#22
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To paraphrase Eddie Cheever: There are 16 year olds who have hit the wall and there are 16 year olds who will hit the wall. Too many of my relatives and friends have teenagers who fit the former description - even careful ones.
Jim
'87 911 Cabrio
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Jim
'87 911 Cabrio
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#23
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Originally Posted by L8 Apex
One of my coworkers bought his 15 year old a '73 Targa that was a D.E. car - RSR fender flares front & back, full roll cage, built 2.4L, etc. only to find that he couldn't afford insurance for it after he bought it. I think it was around $900 every six months to insure his son when he turned 16.
#24
Hi ruf,
I think this is a great find and you "must" buy it..
If the seats are original Recaro, they alone will be worth 3 times the price you have been asked for the whole, albeit after a good refresh.
These cars are becoming very very expensive and difficult to find.
In Europe we pay more than €30,000 for a perfect example and up to €45k for an axceptional one.
I paid €10k on my 2.2 which was in no better condition than yours (the engine was running though).
If you decide to go ahead, remember that the real value will be in the details. While mechanics can be easily fixed, details are expensive: an original leather covered steering wheel will set you back $600 and so on...If the car has all the right details, you may even want to buy it as a donor car. With the money you earn you'll be able to buy a more recent Posche.
Goof luck
I think this is a great find and you "must" buy it..
If the seats are original Recaro, they alone will be worth 3 times the price you have been asked for the whole, albeit after a good refresh.
These cars are becoming very very expensive and difficult to find.
In Europe we pay more than €30,000 for a perfect example and up to €45k for an axceptional one.
I paid €10k on my 2.2 which was in no better condition than yours (the engine was running though).
If you decide to go ahead, remember that the real value will be in the details. While mechanics can be easily fixed, details are expensive: an original leather covered steering wheel will set you back $600 and so on...If the car has all the right details, you may even want to buy it as a donor car. With the money you earn you'll be able to buy a more recent Posche.
Goof luck
#25
"Please don't say that you would give a 15 or 16 year old a 911...imo, that would be a serious error in judgement...take it for what it's worth."
I think you should definetely buy the car. Contrary to most of the old farts on this web sites beliefs not all young kids are irresponible idiots. I am only 17 and just bought my second 911. It is a 70 911t just like yours and was also sitting for ten years. Me and my dad have a blast working on these cars. I have learned a great deal of responsibilty. My 74s has a tricked 3.0 in it and is fast but my dads tundra will keep up with it. It is all about appreciation for the car. I am sure that if your son spends hours and hours restoring the car he will have a lot of respect for the car. My insurance is $1000 a year. I still have yet to get a ticket. Good luck. Dont listen to these guys. You could spend as little as 5-10k getting this car running great. Have fun with it.
Jake
I think you should definetely buy the car. Contrary to most of the old farts on this web sites beliefs not all young kids are irresponible idiots. I am only 17 and just bought my second 911. It is a 70 911t just like yours and was also sitting for ten years. Me and my dad have a blast working on these cars. I have learned a great deal of responsibilty. My 74s has a tricked 3.0 in it and is fast but my dads tundra will keep up with it. It is all about appreciation for the car. I am sure that if your son spends hours and hours restoring the car he will have a lot of respect for the car. My insurance is $1000 a year. I still have yet to get a ticket. Good luck. Dont listen to these guys. You could spend as little as 5-10k getting this car running great. Have fun with it.
Jake
#26
Originally Posted by GrantG
Insurance on a 73 is peanuts - get collector car insurance (model 30 yrs old allows for 5k miles/yr and it cost a couple hundred $ for a whole year).
#27
Burning Brakes
[QUOTE=16jakeI think you should definetely buy the car. Contrary to most of the old farts on this web sites beliefs not all young kids are irresponible idiots.
Jake[/QUOTE]
Yeah, I'm an 'old fart', but attending two of my best friend's funerals before I got out of high school somehow made a lasting impression on me! They weren't 'irresponsible idiots' either...just young, INEXPERIENCED, and caught up in the moment...RIP Ted & Brian...
ps: It still brings sadness to me 27 years later...
Jake[/QUOTE]
Yeah, I'm an 'old fart', but attending two of my best friend's funerals before I got out of high school somehow made a lasting impression on me! They weren't 'irresponsible idiots' either...just young, INEXPERIENCED, and caught up in the moment...RIP Ted & Brian...
ps: It still brings sadness to me 27 years later...
#28
I am sorry for your loss. I have a friend that died in a mustang last year. It wouldnt of mattered if they were in full size buick however, they were going 120 and hit a concrete pillar. I think anyone of any age can get caught up in the moment. My dad has gotten a lot closer to recking my 911 then I ever have. You cant stereotype all young people just because some are irresponsible.
#29
Burning Brakes
Hey, no problem Jake...I simply offered my opinion on the matter, as have many others, and I'm sure that Stephen will take them all with a 'big ole grain of salt' and determine what's best for his situation. Good luck with your 911s by the way...I bet the '74 is a LOT of fun...please keep it safe.
Keith
Keith
#30
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I dont think the point is so much the issue of being irresponsible, as inexperienced. I agree that not all young people are irresponsible, but they / we are innexperienced, hence "young". Remember Jake, that I am in the same boat as you, only being 4 years older, and I too had a Porsche at your age. If you look at my story posted above, my wreak occured due to inexperience, not because I was doing anything stupid. I think everybody here will agree that a 911 is a tricky car to drive, and inexperience is the enemy. Putting a young person in a 911 as a daily driver is a dangerous situation, and I think having a more conventional car to gain some experience in is a wise idea. I hope that Stephen and his son do get the car and have a blast working on it, and that his son becomes a Porsche fan for life!
Blake
Blake