Value of restored 1967 911 ???

[hbrand]

Is it worth to ground up restore a good 1967 matching numbers 911? White with black interior. California 2 owner car. 4 speed, Fuchs wheels, lead is still in front bumpers. No sunroof.
How much would be the restored estimated value in 6 month or so??

I would have to spend $ 8000.- in body and paint, $ 5000.- in trim and interior. Engine is perfect, so transmission. Lets allow $ 5000.- for brakes and other parts and labor.

Here is the link to the car:

http://www.dreamsonwheels.com/index....-porsche-911-s

Thanks for your opinions. Harold

[John Fusco]

That would depend on how much you are paying - $18,000.00 on top of what ?
There looks to be quite a bit of rust there - might end up more than 8000 in that area.
Restored value ?
Hard to say these days , but around 30 for a real nice job - though didn't I see one go for more than twice that a few months back ?
4 speed ? - that might hurt it a little.

They are GREAT little cars.
Mine came down the line not long after.
I am throwing money at mine - but not thinking in terms of what it might be worth.
Only that I love it and want to sort it out.

[jaudette3]

They are GREAT little cars. I am throwing money at mine - but not thinking in terms of what it might be worth. Only that I love it and want to sort it out.

I'm doing the same thing with my '67. It's one of the first cars that I've redone without staying super original and I'm really enjoying it. I restored my '60 Roadster with all original parts (no repro's), which was satisfying, but also a real pain in the neck at times.

I like the freedom of doing what I want with the car. Still, I haven't made any modifications to the body, but *lots* of mechanical mods. As a plain 'ol 911, it will never have the value of a '67 911S -- but I do have the consolation of knowing it will blow doors on those. Not that a nice original sunroof S wouldn't be nice to have. .

Anyway, as to Harold's original question, what's a '67 911 worth? I'll give it a stab:

Original Paint in Good Condition: $60,000+

#1 (Restored Show Level Stock): $50,000
#2 (Restored Street Concours Stock): $35,000
#3 (Restored Driver Stock): $25,000
#4 (Unrestored Drivable Project): $15,000

High-Level Hot Rod: $45,000 (?)

Those are just SWAG's, especially the last one. I'd love to hear from others.

Cheers,
JohnA

[brseidel]

Harold, I believe this '67 is on ebay as well.

http://cgi.ebay.com/ebaymotors/ws/eB...MEWA:IT&ih=004

[hbrand]

Thanks for the nice replay. I make my living restoring Austin Healeys from the ground up, but am not sure that this can be done with an early Porsche and still not loosing money. For now I did buying - refurbishing and selling Porsches. Thats why I had to put this car on E-bay, but now have second thoughts. For the same reason you guys stated. The fun factor. I will let fate decide, if it sells, so be it, if not, I restore it.
Thanks, Harold

[sithot]

I've a friend who bought a 356 "project" for the princely sum of $22,000 at which time seemed a bit steep for a 1960 B Roadster needing it all.
He has spent a lot of money and while it's still not 100% complete he is nearing light at the end of the tunnel.
His "lucky" side has shown through though as prices on these cars continue to baffle all the pundits and he's likely sitting on a "break even" or better car.
Breaking even will be in the $70-$80K range.
My argument from the beginning was to buy the best and he didn't take it. When he was originally looking "Excellent" cars could be bought in the $40's all day long. He paid half of that and will have that and an additonal $60K in it in the end.

There is no free lunch on a restoration.

Tom