"R" Gruppe 1970 S at Sloan

[blucille]

I do think it is wise to stay below the 80-90K mark.

raj

BTW did C huergas's old car break a 100K?that maybe a good acid test.

I thought Cris' car was well below 100k....I agree with the noodle-man, 55k was the number in my head, even the subsequent sale was a similar number.

[blucille]

going back to the car in question.....pretty sure, if you check, the r gruppe badge will be #394, and it won't sell with the car.....

[Macroni]

Macroni,
I have 3 "T"s, I like them. My point is the value spectrum is driven by the trim level (for Early 911s) when they are original.

When any one of them have been hot-rodded enough (new motor, etc.) it doesn't matter what the original trim level was in terms of value. It's now a hot rod. That's why most people start their hot rods with "T"s. It appears to me (and I could certainly be wrong) that part of the perceived value is that this car was "born" an S.

I disagree with that approach. However, if as a hotrod on its own merits (regardless of whether it was a "T", "E", or "S") it is worth $100K, then great. But I have seen few hotrod cars sell for $100K. My ST inspired car has an insane amount of money in it as well, and it started life as a 1971 911T... I like hot rods, I like this car, but I am surprised it is a (market value) $104,000 car. Just my opinion.

This is a numbers matching 1970 S... I realize it has been modded... but it is still an S. (probably part of the $66,000 dollar haircut the builder is taking.) Do you think Flunder's car which started as an S is worth less than a Stock S of similar vintage because he turned it into an ST? If the build on this car is as nice as it appears I think it is a fair value. The car looks bitchin.... I would change the roll bar also....

[LongRanger]

I thought Cris' car was well below 100k....I agree with the noodle-man, 55k was the number in my head, even the subsequent sale was a similar number.

Sounds like a car John Rice put up on eBay, post #290 on the eBay Sales History Thread - 911S . . .

http://www.early911sregistry.org/for...ad-911S/page29

. . . The first car I went after was John Rice’s (john rice) 69 (VIN 119300373), when it came up on eBay, in May of ‘08. (See post #290 on the eBay 911S sales thread.) I first found out about it on Pelican, describing some R-Gruppe icon that, for one reason or another, was being let out in public, located up the San Francisco Bay Area. The vehicle was already on eBay by the time I found out about it --- so I had to scramble. Looked like just my kind of car, too: tidy, but a little rough cosmetically, with a donked nose, and a rust bubble just starting on one of the front quarters, but with clean pans, fresh motor, vintage seats, vintage MOMO, ‘glass bumpers and black CA plates, without rocker or bumper trim, torsion bar covers, or even wheel caps ---- Jeez, I mean this car was just stripped down to its bike shorts. Basically, everything I wanted, all in one package. And in that condition, I wouldn’t even have to worry about washing it. Got my finances lined-up, then got in front of my PC. Auction ended on a Sunday evening, and I was just pumped . . . . I bid up to $55k . . . . and lost. (By a $100.) Not surprised, I guess. Wrote the winning Bidder but never heard back --- 'if you ever wanna sell,' etc. I’ll remember that car for a long time . . .

Rick

[Mark Morrissey]

I wouldn't comment on the asking price but, I've seen the car up close and I can tell you this is about as good as it gets. I can't recall who the builder was. I do know how expensive it is to build a hot rod.

[Tom F.]

Critiquing prices on Sloan cars is a futile exercise. His prices bear little resemblance to market prices, just like those shops in the casinos.

I just need to know, does he actually sell cars at these prices?

[tfmcmahon]

I just need to know, does he actually sell cars at these prices?

The 67S SWT has been there for about 5 years at 150K.Tell you anything!

[geshaghi]

The mods are tastefully done (although they may not be to everyone's taste), the car is still a numbers matching S but with the motor build it will outperform a stock S by leaps and bounds, it appears to be very very well executed, it can be enjoyed immediately and it is available at significantly below replacement cost. The asking price doesn't seem out of bounds to me, especially when you consider that it is being offered by a seller who tends to price "optimistically."

[steven0401]

I do not know the car but do know something of both the value of hot rods and the cost of building them. I believe the most important thing that affects value is WHO BUILT THE CAR. The real cost in making a great hot rod is not the paint job or the list of specifications, but the time and effort in creating a car that drives and handles well and is properly balanced and correctly engineered. There are a few well known builders who do terrific work and the value of their cars reflect it. Hayden Burvill (WEVO) is to my mind the absolutely best - what you'd expect from an industrial designer and Porsche race engineer. He builds very few cars and no two at all alike. Jeff Gamroth (Rothsport) also builds great cars - particularly those with 3.6 and 3.8 motors. David Loop, although not currently building hot rods, has done some beautiful work - in particular a Signal Yellow RS Lightweight Clone and a Blue 2.8 68. I recently acquired the first RS tribute car that Scott St. Peter built that was then upgraded and resorted by Alex Finnegan of Paul Russell - it is a terrific car and, driving it back to back with a fresh RS, the two drive indistinguishably.

The cost of properly building a hot rod starts somewhere north of $125k and can go off the charts (Tom's olive car Jim Newton is building, or the grey 912 w/ 997 Cup motor Hayden built). I know of no hot rod that has sold for what it cost to build. Some are re-sold at a profit after the first hit, but that is very rare. I suspect that over time, the very well engineered and built early 911 hot rods - by known and respected builders - will hold their value once they have taken their first hit. Four or five years ago, I bought Jeff Smith's Weapon of Mass Destruction - 73 3.6 - it is now owned by Dario Franchitti. There IS a market for the very best of these cars.

[Macroni]

Hotrods are very personal and are built distinctly for their owner who's motivation is the passion of their vision. Money many times becomes a secondary concern. We can always argue values but the reality is that a car is worth the value someone is willing to pay. Is a T hotrod worth less than a S hotrod? It ultimately depends upon the buyer. Yesterday the peanut gallery was discussing Gib's decision to cut a T sporto... Again, I do not think $100k is out of line for this car. Now Steven did I get this right you have bought another?