1977 911 value?
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Joined: Jul 2002
Posts: 16,556
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From: Bend, OR
Unless you're dealing in collectibles or banking on a garage queen's value going up in time, the "everyday" 911 should be something you enjoy working on and owning, as there's just not enough upside, at least right now, to make it into a for-profit venture.
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Joined: Dec 2002
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You'd be challenged trying to make money on low dollar 911's IF you did the work yourself! Bring an outside labor entity into it, and you're screwed for sure.
Unless you're dealing in collectibles or banking on a garage queen's value going up in time, the "everyday" 911 should be something you enjoy working on and owning, as there's just not enough upside, at least right now, to make it into a for-profit venture.
Unless you're dealing in collectibles or banking on a garage queen's value going up in time, the "everyday" 911 should be something you enjoy working on and owning, as there's just not enough upside, at least right now, to make it into a for-profit venture.
btw i've already test marketed this and got an offer from a major porsche replica company to sell the cars for me on their lots and from their showrooms, they were interested in selling street/track tuned 944 turbo's for $50,000 for me.
now its time for number crunching and to find a good builder/tuner who i can work with.
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Joined: Jul 2002
Posts: 16,556
Likes: 94
From: Bend, OR
Getting an offer to sell your cars and getting actual cash are totally separate events, and should not be confused with one another.
I wish you luck, but as noted, the costs involved are such that it isn't easy. FWIW, I think most people who track their cars, and want some level of 911 hotrod, do the work themselves, or plan the build and act as a GC while it undergoes its transformation.
I've got tens of thousands of $$, literally, into my Targa. Easily $35K. She's a great and capable car. But, I'm realistic that I'd be lucky to get mid-teens for her. She's a labor of love.
I wish you luck, but as noted, the costs involved are such that it isn't easy. FWIW, I think most people who track their cars, and want some level of 911 hotrod, do the work themselves, or plan the build and act as a GC while it undergoes its transformation.
I've got tens of thousands of $$, literally, into my Targa. Easily $35K. She's a great and capable car. But, I'm realistic that I'd be lucky to get mid-teens for her. She's a labor of love.
Team Owner
Joined: Aug 2005
Posts: 28,417
Likes: 1,611
From: Cambridge Ontario Canada
Bottom line 911s of our generation are an enthusiasts market, and it is a very limited market at that. Many people have said they would love to buy my car but would not be able to afford the upkeep as they would not have a clue if anything went wrong. This is a very realistic view that people hold.
I know these cars pretty well i think, and the costs that go into them. I think to buy a "cheap" 911 , fix it up and try to sell it for a profit with a fancy non original body kit on it is a recipe for financial disaster.
I really do hope you prove me wrong as you seam very enthusiastic. But if you want to stick body kits on cars , stick to Miatas, cheap and plentiful.
The only financial thing I think that is worse than pouring a ton of money into an old 911 hoping to make money ..... is of couse .... pouring about half as much into a 944.....
sorry ....
I know these cars pretty well i think, and the costs that go into them. I think to buy a "cheap" 911 , fix it up and try to sell it for a profit with a fancy non original body kit on it is a recipe for financial disaster.
I really do hope you prove me wrong as you seam very enthusiastic. But if you want to stick body kits on cars , stick to Miatas, cheap and plentiful.
The only financial thing I think that is worse than pouring a ton of money into an old 911 hoping to make money ..... is of couse .... pouring about half as much into a 944.....
sorry ....
RL Community Team
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Joined: May 2004
Posts: 3,508
Likes: 331
From: Toronto
Lots and lots of very good advice here. I have gone down the restoration route with a 944 S that started out decent, but with a few issues and am well on the way to having what will be a very, very nice car, but at a staggering price - and I have done all the work (even paint) myself.
I probably could have done certain things more economically and I know I've replaced a few things that didn't really need to be (just while I was in there), but even stripping that away, I am still way upside down. I justify this to myself as it has been a labor of love and wonderful learning experience, but taking so-so condition Porsches and turning them around is expen$ive...
I am being a lot more reasonable with the 911...
I probably could have done certain things more economically and I know I've replaced a few things that didn't really need to be (just while I was in there), but even stripping that away, I am still way upside down. I justify this to myself as it has been a labor of love and wonderful learning experience, but taking so-so condition Porsches and turning them around is expen$ive...
I am being a lot more reasonable with the 911...
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