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The dealers have one motive = profit. They will want to purchase car as cheap as possible and sell for as much as possible, that is their business model. If you were to use a dealer - a consignment sale is a better approach but even then plenty of room for games.
Good lick with sale, love to see pics.
Phil
Originally Posted by Steve Weiner-Rennsport Systems
JMHO, but your friend needs a professional appraisal by someone who is a long-hood expert. Anything less in today's market will sell him short of its value.
I'm in the same boat as the OP's friend. How does one find a long hood expert?
The best experts are always in the community. And you'll find the best community of experts here... http://www.early911sregistry.org/
I think this is is a semi-private forum, but if you're looking for info about long hoods this is the place. It's well worth joining up just to poke around.
The answer to value with these lies mostly in originality. Numbers, rust, history and condition are always important. The quickest way to tell what you are really looking at with an early car lies in the driver's door hinge panel. The quality of the 'paint tag' riveted here will tell you everything you need to know in about 30 seconds. If this item is PRISTINE it will begin to open the history and story of the car, and at least give you a good starting point of reference. Also, in the same sill panel below the door striker is the official (USA) VIN sticker/decal. This item takes alot of abuse and will tell more about the condition of the car without digging too deeply. If both pieces are in GREAT/PERFECT condition - you are on the road to discovering an interesting car.
1973 cars were split into two versions at the 1/2 year mark. The later cars came with CIS for the fuel system and are not quite as desirable as the earlier MFI cars. If you see carbs when you look at the engine, then someone has monkeyed around a bit and changed a lot of stuff. If either car has sat with ethanol in the fuel system for any period of time you are in for a hefty sorting and repair project.
An expert is someone who will gladly take your money to issue you an opinion.
Your best course is to become your own expert, which means actively seeking out information and sifting through the various opinions, and developing your own. No two experts are likely to agree on anything btw.
I think many of you are thinking this is a coupe and not a targa. ( he only mentioned targa in the title not in the body). restored longhood targas are being offered on ebay and others for 70-80 k.
a question that will determine value is: is it a matching numbers car and what about the fuel delivery system, is it orignal or modified or changed?
Thanks for the responses. Still pulling together all necessary information on car to begin a selling strategy, as well as a continuation on valuation.
In the following link is virtually the same car, down to the color. I understand this sale was over a year ago, but the question I have is what would be more or less desirable, a fully restored car as show in link or a completely unrestored original car as I originally described? Both have merit, but any thoughts on market value differences?
Originally Posted by Steve Weiner-Rennsport Systems
JMHO, but your friend needs a professional appraisal by someone who is a long-hood expert. Anything less in today's market will sell him short of its value.
exactly just like real estate, a professional appraisal is the only way.
if hes tired or doesent care or just wants to unload it ebay it with tons of pictures before unloading it to a dealer.
value has so many factors
origional or not
matching numbers
paint issues
motor
hard top or targa
rust- those are pre galvinized.
color combination
documentation.
if it wants top dollar- have it appraised.
if not ebay it and show it locally.
last would be dealer unload.
people like Peter kumar from gullwing and alex from bev hills car clubs would be interested.
FYI, from my experience, coupes and taigas sell for roughly the same price in comparable condition. A "soft window" targa may command a premium based on rarity.
In this market, two apparently comparable cars can vary in sale price by $50K or more based on two factors...
The first is the degree of documented originality and provenance...
The second is the venue... Craigslist and R&M auctions are going to yield different sales for the same car.
Case in point...
RM Auctions January 2015 in Phoenix, a 1969 911S Soft-window Targa in #2 condition sold for $286K. That same week, at Gooding in Scottsdale, a 1972 911S Targa in #2 condition sold for $132K.
BTW... they were both green... how it works.... go figure...
03-14-2015, 09:30 AM
