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https://collectingcars.com/for-sale/1973-porsche-9...
Looks interesting - where do you think the auction will finish and how much would it costs for a specialist to finish the project 'properly'. Presumably there's a massive range of options?
A 1973 911 would be a dream car for me, but I'd need a specialist to do all the work for me.
In the near future I would have a spare garage where I could store the car and associated parts until I could afford to spay someone to complete the restoration process.
Any thoughts on this car and possible costs?
I’d say you are looking at ballpark £100 to £120k which is based on some experience as I bought a stalled restoration 18 months ago.
Body £5k to £20k depending on what’s been done to it so far, what needs doing and what level you want the car to be when it is finished.
Maybe £60k to put it back together by a good specialist…some parts of the dash etc look like they might need to come out to be refurbed.
Missing parts ? £10k possibly more….911 parts are not cheap.
Engine/Gearbox - Do they need a to be rebuilt ? Sensible to do whilst out of car. Could be £20k easily probably more like £30k
The good news is that it is built on a ‘73 RHD shell. The bad news is that if it was a 1973 T in good condition it would be worth about the same as this will be when it is done.
My gut feel is it would be worth whatever you spend once you’ve bought it….the price of buying it now is really going to be your investment in having your dream car built how you want it. It is a question of how much that is worth to you.
There is also the problem of getting the work done…the good people are very busy and not easy to get the work done.
I suspect that it would be worth more to someone like Tuthill as a base car for one of their hotrod’s than it is worth to you.
Cheib said:
I’d say you are looking at ballpark £100 to £120k which is based on some experience as I bought a stalled restoration 18 months ago.
Body £5k to £20k depending on what’s been done to it so far, what needs doing and what level you want the car to be when it is finished.
Maybe £60k to put it back together by a good specialist…some parts of the dash etc look like they might need to come out to be refurbed.
Missing parts ? £10k possibly more….911 parts are not cheap.
Engine/Gearbox - Do they need a to be rebuilt ? Sensible to do whilst out of car. Could be £20k easily probably more like £30k
The good news is that it is built on a ‘73 RHD shell. The bad news is that if it was a 1973 T in good condition it would be worth about the same as this will be when it is done.
My gut feel is it would be worth whatever you spend once you’ve bought it….the price of buying it now is really going to be your investment in having your dream car built how you want it. It is a question of how much that is worth to you.
There is also the problem of getting the work done…the good people are very busy and not easy to get the work done.
I suspect that it would be worth more to someone like Tuthill as a base car for one of their hotrod’s than it is worth to you.
That's really helpful, thanks.
The penultimate point is key, hence my comment about being able to store this for the time being, if required. I will keep an eye on the auction and see what happens.
This would be for a car to own, not to sell for profit, but clearly there's limited point spending £100k to end up with a car worth £50k!
The estimates are about right. This type of project is deceptively expenses. The market has become flooded with chancers driving parts prices sky high.
I certainly wouldn't do it again having been caught half way and well into 6 figures. Probably what this person came across, cut my losses and move on or chuck more cash at it. Either way, you never get your money back so see it as a keeper and you'll be fine.
Sport_Turismo_GTS said:
That's really helpful, thanks.
The penultimate point is key, hence my comment about being able to store this for the time being, if required. I will keep an eye on the auction and see what happens.
This would be for a car to own, not to sell for profit, but clearly there's limited point spending £100k to end up with a car worth £50k!
The only thing I’d say about that is that restoration costs are going one way….labour rates on 911’s of this period are much lower than they are on new cars. Which is why some specialists don’t really work on them. I’d say you could reasonably expect the cost of bodywork, assembly and engine/gearbox to be a comfortable 20% higher in two years.
Cheib said:
The only thing I’d say about that is that restoration costs are going one way….labour rates on 911’s of this period are much lower than they are on new cars. Which is why some specialists don’t really work on them. I’d say you could reasonably expect the cost of bodywork, assembly and engine/gearbox to be a comfortable 20% higher in two years.
Thank you. Maybe one to monitor from afar and say how things are looking in 6-12 months!
It's an utterly massive project and you'd need to be seriously dedicated to take it on. And as others have said, it'll cost far more than it's going to be worth.
I would guess that it has been bought by a specialist with the skill, resources and understanding of how to get it to a high value completion, and then recover the initial costs on resale.
Or, it has been bought by an optimistic enthusiast hoping to fulfil a dream. If so, it is likely to be a long, frustrating and very expensive process.
Sport_Turismo_GTS said:
https://collectingcars.com/for-sale/1973-porsche-9...
Looks interesting - where do you think the auction will finish and how much would it costs for a specialist to finish the project 'properly'. Presumably there's a massive range of options?
A 1973 911 would be a dream car for me, but I'd need a specialist to do all the work for me.
In the near future I would have a spare garage where I could store the car and associated parts until I could afford to spay someone to complete the restoration process.
Any thoughts on this car and possible costs?
This one wouldn’t be for me, there’s no assurance the engine actually runs, and who knows what parts are missing. You’d be better off getting a running and driving donor car, and then start your restoration from there. Budget £100-£120k plus the donor car.
