911S/911L Cars for Sale

[sithot]

CPI (real sales) has it at $144,900 (excellent) $69,000 (good) $38,625 (fair)

Values have flattened for 2 months.

I'm going to suggest that Hagerty has somewhat inflated values since they rely on customer input and of course everyone has a #1 car.

[Louie]

I know of no 67Ses in #1 condition that have sold privately or otherwise for less than the low $200s.....I do know of several that have sold in the last 6 months in the mid $200s. Canape has a 67S on offer for mid-$200s that is a fresh resto for example. (may already be sold)

Additionally I have seen no 'restoration ready' 67Sese sell for less than the mid $70s. These are cars needing at least $100k for a check writing restoration vs DIY.

[sithot]

Fair argument however private sales were not taken into account as they are not reliable. While they may be factual the numbers cannot be used as they are based on here-say and not a matter of public record.

Figures from auctions are always open to question as well. (There is the stuff that gets swept under the rug)
The Cobra that sold at Amelia Island in the spring hammered out at close to $750,000 didn't ultimately sell for that figure. There was an offer to buy-back the car due to some "non-disclosed issues" although the new owner wasn't seeking that. They came to an agreeable monetary consideration and he kept the car. It is being restored to the highest standard.

[Jules Dielen]

wasn't there also the 300k+ SWT 67S that Road Scholars had for sale (and sold) a while back? That would have been a #1 car, seeing what they usually have on offer (most of it is spectacular). I believe they were asking $350k and it sold for a bit less than that. How would that tip the balance?

[Louie]

Yes, I too heard about that sale.

A few more market valuation data points that I have picked up this year:

Canape had sale of a 67S (that was hot rodded) in the mid $200s. Word on the street is they have another car coming for sale that they restored for at least $250k.

There are sales happening in the mid $200s+ for tier 1 cars. I chatted with many collectors/ dealers at Monterey about the market. They all said the same thing....collectors are looking for Tier 1 67Ses to add to collections. 67Ses are rare (more so vs even 73 RSes). etc etc. I asked several well known Porsche guys, major auction house owners (owners not their reps) about the 67S market. Current market is mid to high $200s and they ALL projected the cars would reach the mid to high $300s and then stay in that range.

Over the last 6 months I also chatted up 4 high end classic Porsche shop owners about the costs of doing a ground up in today's market. (I was considering having a 73T restored at the time). Ground up restoration will cost around $150k depending on the mental work needed.

If someone buys a needy 67s...$70-80k....ships it to a well known Porsche restoration shop...waits 1-2 years to get the car back and sorted...spends around $150k...he will over $200k invested.

I had a very well known dealer offer me $200k for my 67S...a dealer. He told me that he would retail list it for $250k and take $225k.

I am keeping it.

Hagerty tracks auctions...not private sales or dealer sales.

[magahey]

Did any of these cars come with the 4spd as noted is in this blue 911S? I had contacted the seller and asked about what has been repaired on the car- accidents, rust etc and if the car is matching #'s and this was his response:
Thanks for the E-mail from what I have seen looks to be rust free and from what I looked up online all the numbers on the motor match what would have been put in the car from Porsche in 1967. If there is more info you would like E-mail me back or call my cell 720-939-7285.

[sithot]

A former member here had a 4 speed T. It was ORIGINAL and pretty sweet. Frank Beck used to service it.

Tom

[magahey]

The owner just emailed me and said it is a 5spd which all "S" had stock

[Biancaneve]

Very few "S" were ordered with 4 speed as option ... I have seen one of them last year..

[DOUGS73E]

I don't have any reference for the 1967 MY, but the 1970-71 North American Porsche 911 brochure stated only a 5-speed was available on an "S".