DryFly

The uber cool Steve McQueen's 1970 911S for auction this weekend at Monterey:

I say it sells for ..... $275,000 WAG, but then I am clueless.

http://www.rmauctions.com/FeatureCar...arID=r105&fc=0

justin993

kjr914

Given that their estimates, DryFly, I think you are going to be a bit low.

I'm going to say... $993,000

race911

Someone a track friend of mine works with is interested in the car. And those "in the know" seem to expect (as above) this being the first seven figure 911. Ugh.

Dan V

"Ugh"? why "Ugh"?

race911

Because I remember when cars were appreciated for what they were, and not reduced to an asset? Free market, spend it how you see fit, etc etc, but when you're 10-12X beyond what the similar blob of metal that led a normal life is worth............well, it's lost on me. This is NOT a race car.

Dan V

OK, that's understandable. My main problem with this specimen, for that kind of money, is that it has been resprayed and TMU. Also noticed a funny typo in the description

goofballdeluxe

I would imagine the conventional wisdom at play here is TMU and a respray matters little when it's Steve McQueen's. Those things don't factor in, when the provenance is what this particular car's is.

RJT

I'd say Pretty close to a Million.

How about $999,900.00


I stood next to that car. Don't think I sat in it though. I might have. Hmmmm.... I probably did, but didn't think anything of it at the time. I was too busy working to think about getting into it just to be able to say I did.



I think it's time for me to go to bed. I'm rambling. Been a looong day. Night guys.

Dan V

Respray make me

I am boycotting this auction.

SKM

The low estimate (often the reserve) provided by the auction company is $950K which I read somewhere is slightly more than twice the amount the seller of the car paid for it. The seller/vendor is an experienced car dealer and collector.

When McQueen's Ferrari Lusso sold, a comparable example with no McQueen history was worth $600K and McQueen's Lusso sold for about 4 times that amount.

So applying the McQueen 4X multiple to the 911S, let's say an excellent 911S sold at a high-end auction is $120K so multiply that by 4 and you get $480K. Then multiply by the Lemans movie factor (2x) for another $480K and you get $960K.

Then subtract for 60,000 early 911 Porsches versus the 350 Lussos made and factor in the apparent reserve of $900-950K and I would guess it will sell for $950,000 -1,000,000, however I suppose it could easily surpass $1,000,000.

Just two years ago, McQueen's Rolex Submariner (5512) watch sold for $234,000.

http://www.watchtime.com/2009/06/ste...record-234000/

uscarrera

$750,000-$800,000
Plus buyers commission
Who knows I am sure I don't!
Rich

Cactus

Agree. I get tires of hearing about cars for sale the Seinfeld owned, sat it, touched, etc. That means nothing to me.

JPP

This car was for sale in Hemmings Motor News for $15K in the late 80's and I remember looking at the ad and thinking ... Hell, that's RS money ..

hoggel

If I had $1B I would pay $1M for this car. But since I have a bit less than that in my car budget I'm not interested.