$$$Borderline?
$$$Borderline?
. . . from 2005 . . .
Quote:
Originally Posted by bob tilton
...............................................
My costs over the 37 years of my ownership are mostly in the engine Ed Mayo built in 1995 with parts I sourced. I bought a set of 7Rs from EASY years ago (decades) but traded them away for Harvey Weidman wheels and cash. Otherwise, I performed 99% of other work myself so my out-of-pocket is mostly parts and lots of labor. It helps to be able to TIG, acetylene weld/braze, spray paint, run a lathe & mill and have a shop to work in. A BSME degree also helped.
No way I could afford to build my toy paying for labor by professionals; $30k might do just the engine today so the remainder of the project would be somewhat more than the $30k total for a hot rod project that would allow recovery of the investment, at least to the extent of this one.
Interesting thread to bring up, 12 years later. I think it's not only possible nowadays, but possible on more than just early 911s. "Breathed on" 912s, 914s, 356s, and later air-cooled 911s seem to do just fine against stock cars.
Unlike Ferrari and many other marques, there seems to be wide acceptance of hot-rodding or mild-modding when it comes to Porsches. The 100% stock cars or largely original cars pull premiums just as they do with other marques—there is no threat to owners of those cars, just as there isn't with other marques—but enthusiasts seem to be willing to pay strong or even equal or greater money for hot-rods or mild-rods. To me, the arbiter seems to be taste—and cars that look like something the factory might have done often do well. Others do well if the audience is right and does the math. The key seems to be "done well"—when it comes to knowledgeable buyers, anyway.
Funny thing is, I often think of Bob's ride when I think about a SWB car done right—one I'd rather have than any stock '68...S or otherwise.
The Ferrari analogy is an interesting one as that marque seems to be the only one I can find whereby there is no penalty in value for changing the color on otherwise 'correct' cars. In the case of Porsches, a non-standard color causes a hit to value although probably not for hot rods.Quote:
Originally Posted by stout
Definitely OK to put massive sums of money into these older Porsches.
It's only going up up up....after all.
Investment vs pleasure/car fanatic will always be 2 different things in the end.
I've always been about the latter.
Another thread . . .
http://www.early911sregistry.org/for...SR-clone/page2
......................
Another thread . . .
http://www.early911sregistry.org/for...ew-star-rising
...............................
I think what is going on here with hot rods is you see street Porsche's on the track more than you see street Ferrari's on the track. A lot more Porsche's on the track. Chris
Another post . . .
Quote:
Originally Posted by Peanut
.............