agent325

Its completly restored with a rebuilt engine with zero miles since the restoration.

Dan Cobb

Assuming that everything was done properly during the engine rebuild, add about $500.00 to that amount and you'll be pretty close the most that you could get for it.
Sorry, 74s are not all that desireable. There may or may not be merit to their 'unwanted-ness'; it depends on who you are talking to.
Many have issues/concerns about the 2.7 motor. The mechanical issues there are well documented.
Many will not be too concerned about those possible issues if the motor was rebuilt properly (assuming the appropriate upgrades were done).
Largely, I would suggest that the great majority would rather spend the same amount of $$ on an SC (with a 3.0), and make the trade-off for a galvanized body and a larger engine (yes, even with the all-too-well-documented-mechanical-issues associated with the 3.0!) instead of the 74.
Most would stay away from the later model 70's era cars entirely, as they have thermal reactors in addition to the aforementioned issues.
BTW, 6 years ago when my 74 was totaled, I got $12,500 from my insurance company (only after proving that I had put lots more into it). Last year, I purchased my 84 for less.

One more thing:
All other tings being equal, some would pay more for a targa, others would not own one. (I prefer the cabs or a sunroof coupe).
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agent325

whats the difference between a 74 911 and a 74 911 carerra?

Toby Pennycuff

25 horsepower. Base 911 model in 1974 had 150 horses. 911S and 911 Carrera both had 175 horses. Same engine type for the "S" and Carrera. You could order "S" trim on a base 911.

I sure do miss my 74 Carrera look-a-like (it was a base 911). It was a fun, toss-able car! I would buy it back in a heartbeat if the current owner in NC would sell it back to me.

Toby

fixnprsh

now its smog exempt, in the great state of Kalifornia, so you should hang on to it for a little while and enjoy it

JCP911S

"74 was a transitional year, so the cars that year were somewhat unique, however, if memory serves me, there were generally 3 models in the line-up. 911 which was a base car. 911S which had upgraded interior and options (and typically the only thing you would find on a dealer's lot), and the Carrara which was a special performance model with 9" flares, wider wheels, brakes, etc.

Very early Carraras may have had upgraded engines, but for the most part, all the cars in US had the same 2.7 smog engine rated about 157 HP or so.

Carraras from this period are still somewhat rare and collectable. The 911 and 911S less so, but are still nice cars and a bit lighter than the later SC, so they drive a bit more like the early cars.

They have acquired a bad rap for certain engine issues when new, and some people don't care for the narrow body with crash bumper look, but as long as the motors have been rebuilt properly, and they are not rusty, they are actually nice cars... probably the cheapest 911 and a potential bargain if you find a really nice one...

Unfortunately their "orphan" status among 911 buffs has lead to alot of them being owned by less than diligent enthusiastic owners and as a model range they have suffered more than their share of neglect, so alot of them you see now are really maintenance deferred dogs....

Also, I doubt whether they will ever have the value of the models that bracket them, so a nice SC is probably the better long term bet for maybe $2-4K more in initial purchase price.

Peter Zimmermann

Fixn: I thought the smog-free cutoff was '73, has it changed recently?

Carlo: The '74 cars, simple beasts they are, are one of the most under-appreciated 911s. My family has had one (S Targa) for many years, and it's a great car. No smog pump, no thermal reactors, early style heat exchangers, etc. One of the things that gives it great appeal is the 7:31 ring & pinion. Brisk acceleration, the early 915s were wonderful transmissions, throne seats, and on and on... I just don't understand why they're not worth more. The '74 Carrera, as stated above, is fitted with the "S" engine from the same year, but has those rear flares (similar to '78 and later cars), which allowed the use of 7" rear alloys and wider tires (215/60 VR 15). The factory also approved the use of 7x15 front alloy wheels, and 8x15 rear alloys on '74 Carreras. The base '74 911 came with 5.5x15 steel wheels, but 6x15 alloys (fitted with 185/70s) were optional. And, of course, let's not forget the Ducktail! Now, you ask what's it worth? If it's not correct, including 15" wheels, Carrera script, Carrera VIN, Ducktail, etc., no more than any other '74 in comparable condition. If it's perfect, it's anybody's guess!
Pete

JCP911S

I would guess that a nice TRUE 74 Carrara would be comparable in price to an SC in equal condition and might be more, as it really was a limited edition car.... I don;t have the numbers in front of me, but seems like it was only like 300-400.... so there is some collectibility value.... just be careful, becasue alot of 911S were upgraded with flares, ducktails and wheels over time... and these would not be worth any more than a 911S... probably 1/2 what the Carrara would be worth.

Just off the top of my head....but it might be worth more research.

Peter Zimmermann

If the car is a real '74 Carrera the 5th digit of the VIN will be "4" for Carrera, and the 6th digit will be a "1" for Targa.
Pete

SandyI

If a car is 30 years old in California, it becomes smog exempt. So, up to 1975 is "safe." I think it will help increase the value of the '74-'77 911's in CA.

GrantG

Peter - I thought the 5th Digit was "6" for Carrera, no?

Jay Laifman

Just to clarify the California smog laws, it is not a 30 year rolling exemption. The law was changed that 1976 and newer cars require smog compliance, 1975 and older do not. That is the way it will stay unless or until the law changes again.

Jay

Peter Zimmermann

Hi Grant: According to my '74 Tech Spec book the 5th digit is: "1" = 911, "3" = 911S, or "4" = Carrera. There are a lot of mistakes in publications out there, including Porsche's own (mine has a couple of lies also, which will hopefully be corrected in the 8th edition) so it's entirely possible that you read and remembered that. If you find a "6" in the 5th digit you might have discovered a '76/77 3.0 Carrera!

Jay: Thanks for the legal update! I knew that CA was not going to go with a 30-year rolling exemption, but I did not know that they advanced the break point from '73 to 75. Looks like almost all 914 owners can install Webers!
Pete

GrantG

Pete - I guess they changed the nomenclature for 74 - I'm fairly certain that it's a "6" in the 5th digit that designates a Carrera RS for 1973. Maybe the difference is Carrera vs. Carrera RS...

Dan Cobb

I missed the "Carrera" designation in the original post, and mistakenly assumed a 'plain' 74 targa.
I looked at a 74 Carrera (coupe w/ sunroof) for a fellow lister nearly 6-7 years ago that was for sale in Pacific Palisades, CA.
At the time the owner had little or no paperwork, but the car had a correct VIN, engine and was complete. It had been used, not abused, but it had also not been taken care of. The paint was average (at best) and the interior was certainly showing its age. Fog lights and sunroof were both non-operational and it was a typically strange 74 shade of luminous greenish-yellow that nearly burned your retinas while looking at it.
The guy was asking $15K, and it was too much.
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