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Old 05-28-2017, 08:27 PM
  #1  
soulsea
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Default Barnyard Find

Hi,

First of all a caveat ... although I've owned/own several late model Porsches, I know nothing of classic Porsches nor about classic vehicle restoration, so please be gentle.



A good friend recently moved into what is politely referred to as a transitional neighborhood. He ran into a neighbor down the street who used to be a car salesman in the 80s or something who said that he has a 1967 Porsche 911S that's been collecting dust for decades that he'd be willing to sell.

So we decided to go take a look at it today. As you'll see in the pics the whole situation is out of a movie. It took about half an hour to remove all the crap on and around the car for us to take a look at it.

Here's the information I have.

- We don't think it's a 1967, the title says 1966 and I believe they made just a handful of Ss in 66.

- 65xxx miles (for what it is worth)

- 5 speed

- VIN# 302038

- Engine # 902196

- We're told it used to be blue but had been repainted red.

- Rust everywhere. Not just in the pics you'll see but tons of it under the dashboard as well, so presumably everywhere we can't see. The interior is beyond shot.

So here are the questions I have, and maybe you guys can either help me track the answers or point me to someone that could.

1. First and foremost I need to find out exactly what it is. It appears that VINs of that period aren't as specific as the ones today so different trims and model years of the same model weren't differentiated. My understanding is that the people that give out the certificates of authenticity won't do it unless one is the titled owner. Does anyone have a hookup at PCNA or know how to get a true reading on this VIN?

2. Equally as important is finding out if the engine number matches the VIN ... again, any help would be greatly appreciated.

3. Is it restorable or has it decayed beyond the point of no return?

4. Who are the go to restoration shops that this car should head to? I would like to talk to them before I buy the car to get an estimate on what it would cost to restore to concours level.

5. I've been looking at the Hagerty's valuation tool and a 66 in excellent condition is about $150k concours condition is about $200k. Assuming it is a 66 what do you think it is worth in its current condition?

6. Since the classic Porsche restoration world isn't one I know anything about ... is there anything else that I should be looking at and considering that I don't know about?

Fundamentally I need to know if I found something special and if it is worth pursuing, both for the fun of restoring it and driving it, but also as an investment.

Thanks.

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Old 05-28-2017, 09:07 PM
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Amber Gramps
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You need to go to http://www.early911sregistry.org/forums/content.php

They can move you through the process at speeds not seen here.
Old 05-28-2017, 09:10 PM
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soulsea
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Originally Posted by Amber Gramps
You need to go to http://www.early911sregistry.org/forums/content.php

They can move you through the process at speeds not seen here.
Thank you very much, I just registered and posted there.
Old 05-28-2017, 09:43 PM
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GTgears
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That is a late 1965 vin, as is the engine number. It is NOT an S. It easily needs six figures of work and that could be $100k, could be $150k. But it would be worth close to $1/4M if restored properly.
Old 05-28-2017, 10:59 PM
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Everyone and there dog is going to want this car. Hold your cards very close to your chest. I'd even remove all reference to the state you live in from your user profile until you have title in hand.

http://www.early911sregistry.org/for...-Barnyard-Find

http://www.911specs.com/VIN60s911.htm.
Old 05-28-2017, 11:04 PM
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Much much worse have been saved. Early911s is the place, but buy it first. Ask what the person wants and pay it.
Old 05-28-2017, 11:06 PM
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I would pull the thread on earlyS until you hold the title.
Old 05-28-2017, 11:08 PM
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Originally Posted by GTgears
I would pull the thread on earlyS until you hold the title.
Why, what might happen?
Old 05-28-2017, 11:15 PM
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Let's just say if the Internet can find Shia LeBeouf's flag, it can find that car and buy it before you do.
Old 05-28-2017, 11:20 PM
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GTgears
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Originally Posted by soulsea
Why, what might happen?
Sharks in the water. People find these cars. It's not yours until it's yours. Even if you have a handshake deal if someone else shows up with $10k more than your offer it's gone. Or your purchase price just went up.
Old 05-28-2017, 11:21 PM
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Well, I guess I just have to take that chance ... I'm not sure how else to educate myself.
Old 05-28-2017, 11:25 PM
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Only way to know for sure on the engine is to get the Porsche COA. Maybe the engine decoder is online now. Been a while since I was into the early cars. If it were me, I would walk over with $50k cash and try to buy it for half that. But that is how I roll. Check auction prices for 65 911 and see your comps.
Old 05-28-2017, 11:32 PM
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It is probably the original engine, this one is 114 off the VIN and close to yours.

http://m.bonhams.com/auctions/21392/lot/149/

At least it is a 1965 engine.
Old 05-29-2017, 12:47 AM
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Originally Posted by soulsea
Well, I guess I just have to take that chance ... I'm not sure how else to educate myself.
The serial number doesn't lie. There's no downside on buying this car if the seller doesn't think it's his retirement plan.
Old 05-29-2017, 04:21 AM
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This is one of those deals where you better go with CASH IN HAND TOMORROW!


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