1967 912 value
#1
1967 912 value
I have owned several porsches recently (Macan, Cayenne and Boxster) but never a classic 912/911 and have to claim ignorance about all the nuances. The ‘67 912 in the pictures was recently advertised locally for 33K. I have not seen it yet. Sounds like there are not may records, but reportedly had an ‘engine rebuild’ within the past 3000 miles (under different ownership). Seller does claim to have some documenration. Looks to be clean from what one can see in the pics. However, there have definitely been changes to the front bumpers etc and the tail on the back. I am sure there have been other things as well. My question is, would 33K be reasonable as it sits and what would it take to get it back to what is should be…a classic 912.
thanks
#2
It is difficult to give an estimate of value from a picture and written description. The value of solid 912’s with a strong ownership history are increasing. An all original every day runner in very good condition can be had for $50k to $70k. But when you get into the exceptional cars that are all original in pristine condition, with solid ownership history expect to pay much more. One just sold on BAT for $200k which is likely a record. I just bought a 912 from a very well known seller in the PCA community, the car is not concours but close and all original. It was a one family car owned by a well known Concours judge and restorer of various award winning Porsche cars, it wasn’t cheap (well above $100k). Although the car is pristine and running well I decided to have a full reseal done on the entire engine and gearbox, that is going to cost somewhere around $12 to $14k by the time I’m done, but it is a car worthy that type of investment.
My advice, get the car inspected by someone who knows these cars, it is worth the investment to avoid headaches later, especially if documentation is weak and modifications have been done. Don’t base your decision solely on the word of the seller, it isn’t rude to request a thorough inspection, and if they resist walk away. Anyone with a solid car and who is honest about its needs will not hesitate to have it inspected. These cars are inexpensive to run when everything is in good order, but you have to remember you are buying a 50+ year old car and things will need repair occasionally. So get an inspection and go into it with eyes wide open and some understanding to what you are starting with, and set your expectations going forward. BTW I absolutely love my 912, I have other brand new 911’s in my garage and I always gravitate toward the 912. As for those who say you should go for a vintage 911 or 911S, I say don’t be so quick to rule out a 912. I’ve driven both and with exception of engines they are the same car, the lighter engine in the 912 just feels more nimble to me. Not as much power as the 911 but the lower weight makes up for some of that and frankly I think a better driving experience. But that is one man’s opinion. Good luck
PS: One observation from the photos, it is clear some work was done to the engine. However if it was in fact a full rebuild, I would have expected a much tidier engine compartment if I’m honest. As I noted already, get the car inspected and make an informed decision.
My advice, get the car inspected by someone who knows these cars, it is worth the investment to avoid headaches later, especially if documentation is weak and modifications have been done. Don’t base your decision solely on the word of the seller, it isn’t rude to request a thorough inspection, and if they resist walk away. Anyone with a solid car and who is honest about its needs will not hesitate to have it inspected. These cars are inexpensive to run when everything is in good order, but you have to remember you are buying a 50+ year old car and things will need repair occasionally. So get an inspection and go into it with eyes wide open and some understanding to what you are starting with, and set your expectations going forward. BTW I absolutely love my 912, I have other brand new 911’s in my garage and I always gravitate toward the 912. As for those who say you should go for a vintage 911 or 911S, I say don’t be so quick to rule out a 912. I’ve driven both and with exception of engines they are the same car, the lighter engine in the 912 just feels more nimble to me. Not as much power as the 911 but the lower weight makes up for some of that and frankly I think a better driving experience. But that is one man’s opinion. Good luck
PS: One observation from the photos, it is clear some work was done to the engine. However if it was in fact a full rebuild, I would have expected a much tidier engine compartment if I’m honest. As I noted already, get the car inspected and make an informed decision.
Last edited by Blueorion; 12-13-2022 at 04:06 PM.