Porsche Project (Done!)

Started by Randy@StradaFab, August 29, 2009, 06:54:37 AM

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Randy@StradaFab

   Hopefully this will be proof that hard work does pay off. I bought the car 7 years ago for $7,800. Actually got a four year loan on a 1968! The wife wasn't that impressed ;D Anyway, I kept looking for one like it on the internet and couldn't find one. After talking with some Porsche experts I found that it was a pretty rare car, so about 2 years ago we took out a loan to build shop so that I could restore the car. Another big risk for us. I usually don't do anything unless it's a sure thing.
  Well, a couple of months ago I had an appraisal group out of California come take a look at before it was even finished. It ended up appraising for $107K believe it or not. The last one like mine that I saw sell went for $117k. I have plans to build some titanium duc frames after the car sells. Getting all of the paperwork done for the business now.

lethe

Quote from: RMartin on June 05, 2010, 02:54:08 AM
   Hopefully this will be proof that hard work does pay off. I bought the car 7 years ago for $7,800. Actually got a four year loan on a 1968! The wife wasn't that impressed ;D Anyway, I kept looking for one like it on the internet and couldn't find one. After talking with some Porsche experts I found that it was a pretty rare car, so about 2 years ago we took out a loan to build shop so that I could restore the car. Another big risk for us. I usually don't do anything unless it's a sure thing.
  Well, a couple of months ago I had an appraisal group out of California come take a look at before it was even finished. It ended up appraising for $107K believe it or not. The last one like mine that I saw sell went for $117k. I have plans to build some titanium duc frames after the car sells. Getting all of the paperwork done for the business now.
WOW!  :o
It's worth that much?
I guess I'll have to appreciate it's beauty in pictures unless you want to set up a 30 yr mortgage for me to buy it.  [laugh]

Great work.  [thumbsup]
'05 Monster 620
'86 FZ600
'05 KTM SMC 625

Randy@StradaFab

   Yeah, it's really worth that much.....heck I'd take 90K for it ;) Still a lot less than that new bike from NCR!

   Porsche is just like any other car, if you get the right one they're worth something. Usually if it has an "S" in the model it's worth quite a bit more. Hmmm....Ducs also. The old 50's Speedsters are worth 180k-200k. Same with the '73 RS 911. Anything after '74 (when the new emmision and bumper laws came into effect) isn't worth much, 10k-20k. So, if you find a pre '74 911S that needs restored you'd better buy it.

lethe

Quote from: RMartin on June 05, 2010, 05:28:49 AM
   Yeah, it's really worth that much.....heck I'd take 90K for it ;) Still a lot less than that new bike from NCR!

   Porsche is just like any other car, if you get the right one they're worth something. Usually if it has an "S" in the model it's worth quite a bit more. Hmmm....Ducs also. The old 50's Speedsters are worth 180k-200k. Same with the '73 RS 911. Anything after '74 (when the new emmision and bumper laws came into effect) isn't worth much, 10k-20k. So, if you find a pre '74 911S that needs restored you'd better buy it.
I'll trade you a '69 Chevelle SS that needs full restoration for it.  [cheeky]

There's an old 911 sitting in a junkyard nearby but it's well beyond help. Breaks my heart to see it.
'05 Monster 620
'86 FZ600
'05 KTM SMC 625

Speedbag

I tend to regard most of humanity as little more than walking talking dilated sphincters. - Rat

Le Pirate

ooo pretty!

makes me want to drag my 65 bug out and start working on it again. doubt it'll be worth 107k when I finish with it though  [laugh]
....................

triangleforge

By hammer and hand all arts do stand.
2000 Cagiva Gran Canyon

Triple J

Quote from: RMartin on June 05, 2010, 02:54:08 AM
   I have plans to build some titanium duc frames after the car sells. Getting all of the paperwork done for the business now.

Keep us posted on this. I will most likely be interested.  :)

Randy@StradaFab

    I had a guy interested in the car, so I sent him the link to my photobucket account. There's around 160 pics of the restoration. Turns out he was a car broker looking to present the car to a client in Germany. He told me the price was to high (started out high on purpose) and that the car wasn't perfect enough for his client! :o  Not sure what I could do to make it better.....

Duck-Stew

Show him pictures of other 911's in rougher shape...   [roll]
Bike-less Portuguese immigrant enjoying life.

lethe

Quote from: RMartin on June 07, 2010, 01:52:20 PM
    I had a guy interested in the car, so I sent him the link to my photobucket account. There's around 160 pics of the restoration. Turns out he was a car broker looking to present the car to a client in Germany. He told me the price was to high (started out high on purpose) and that the car wasn't perfect enough for his client! :o  Not sure what I could do to make it better.....
Are you positive that it wasn't some clown messing with your head?

That looks damn beautiful to me.
'05 Monster 620
'86 FZ600
'05 KTM SMC 625

the_Journeyman

Got Torque?
Quote from: r_ciao on January 28, 2011, 10:30:29 AM
ADULT TRUTHS

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iDuc

Oh, man! Old 911's!  That closeup of the interior just about made me wet myself. I can smell it, I can hear the engine fan and gearbox, I can feel that shifter. I get a bunch more excited about these than a new one... help me...



Great job!
M800Sie
R.I.P. 4/29/07

Randy@StradaFab

   Oh yeah, the smell of gas and oil! The sound of the dual webbers sucking air! I wish I had a sound clip of the engine at 7,000 rpm! Almost F1 like. I really like that car. But I don't need a 100k car to drive once in a while. It should be in some rich guys collection. Besides, my wifes new Mini Cooper S will kill it on the back roads ;D

   The interior is just like new. Autobahn Interiors in California did the seat covers and zip out rear window. The black and white houndstooth material was the last piece of NOS that he had! The "Elephant" hide vinyl pattern was a one year only option. I bought the drivers side door panel from a guy in California (guess they have all of the cool stuff). It was NOS still in the plastic! Kinda pricey. I wasn't sure the wife was gonna survive the restoration. LOL