t25torx
t25torx Dork
3/10/17 8:28 a.m.

I'm no expert but this seems like a really reasonable price for a long nose 911 that doesn't look like a piece of swiss cheese. If I had the garage space...

1967 Porsche 911 Hot Rod Project - $28500 (Nashville)

WilD
WilD HalfDork
3/10/17 9:06 a.m.

I don't know... What it really is is a bitsa that started life as a 912. It spent time as a race car and has been heavily molested. The price is probably right, if not a tad optimistic. I think the aircooled porsche market is still crazy though, so someone will probably buy it and think they stole it.

Adrian_Thompson
Adrian_Thompson MegaDork
3/10/17 9:11 a.m.

It actually looks cheap to me. A nice 67 912 can easily fetch over $60K these days since the market has lost it's mind. Even as a bit-sa this could be built into a very very nice and more valuable car.

I'm waiting for the air cooled 911-912 bubble to implode. late Carrera's are great cars for $30K, but to me their value proposition has gone way upside down. I'm sure there will be a market correction within the next 5 years. If I were the current owner of this car I'd be selling it now as well while it's perceived value is so high.

cdowd
cdowd HalfDork
3/10/17 12:08 p.m.

Looks like a ton of fun to me!

spitfirebill
spitfirebill UltimaDork
3/10/17 3:34 p.m.

Not too sure why you would put that on CL. I would think there are a lot better sites to list it.

markwemple
markwemple UltraDork
3/11/17 8:02 a.m.

912s are not 60k cars. By this car's description it's best loved as is. It need a total restoration and is missing some expensive parts. I'd say 25k max every in this nutty market. 912s that have bad floors, etc, can still be found for under 10k. Maybe a concours 912 will be near 60k. Maybe. The money in these is for original and correct examples. Personally, I prefer hotrod examples.

scottdownsouth
scottdownsouth Reader
3/13/17 7:10 p.m.

One has to ask , what's the 912e (1976) market like ?

oldtin
oldtin PowerDork
3/13/17 7:38 p.m.
scottdownsouth wrote: One has to ask , what's the 912e (1976) market like ?

On the Hagerty site they're listing a #3 condition 76 912e at about $22,500. A 1976 911 coupe in #3 condition is listed at $16,900. An unmolested 912e is more rare than a 911. The 74-77 911s are the ones that haven't gone so crazy yet. Engines have a few more issues with thermal reactors, less power than later ones, head stud issues (mostly fixed by now), lack of rust-proofing for 74-75. Engines had magnesium cases - later got aluminum. Some say the magnesium cases sound better and rev faster.

Adrian_Thompson
Adrian_Thompson MegaDork
3/14/17 8:13 a.m.

This is $16,900

this is going for $68,500

The highest sale price (not asking price) I can find for a 912 was a 67 that sold for $114,400 at 2017 Gooding & Company. Cars through 68 were the earlier SWB, for 69 they lengthened the 911 and 912 wheelbase by 57mm. Early SWB cars comand a premium.

I stand by my statement that a nice SWB 912 is a $60K car and this is good value for what it is. A bastardized SWB 912. It's got the makings of a great and cheap R Grupper car.

markwemple
markwemple UltraDork
3/14/17 9:27 a.m.

Asking abd selling are 2 different things. Also, I never go by auctions. Hell, wait until a 23 window bus hits 200k. On the street it'd still be a sub 100k bus. If you look hard, you can find projects under 10k easy. I've been in this world since I bought my 68 912 in 84.

markwemple
markwemple UltraDork
3/14/17 9:29 a.m.

In reply to scottdownsouth:

Stupid. As always. A bizarre semi collectable. I'd never buy one. Not a good car and the prices are always in flux.

Adrian_Thompson
Adrian_Thompson MegaDork
3/14/17 10:06 a.m.

Three year old article
1965-1968 Porsche 912 Coupe $15,000 – $55,000
1966-1968 Porsche 912 Targa $17,000 – $60,000
Prices have gone up on all air cooled Porsches since then.

More recent here. At the Branson Spring auction in April 2016, a ’67 912 sold in a deal reached after the last car crossed the block for a final price of $48,000. It wasn’t as pure as the Gooding 912, having been equipped with Weber carburetors, Fuchs wheels and Koni shocks.

Two months later, at Barrett-Jackson’s inaugural Northeast auction at the Mohegan Sun casino in Connecticut, the same car, now represented as having 57,196 miles from new, brought a generous $74,800.

I agree with most here. 912's aren't worth their current transaction price, the same to me is true of air cooled 911's. To me a late G50 Carrera is a great car for $30K but not worth the $50 they are going for for really good ones. Long hood 911's are nuts. SWB long hoods are doubly nuts. 912's (not so much 912's) are riding the coat tails of long hood 911's and are enjoying new found popularity. Notice that Petrolicious has had several 912 video's in the last 6 months. I don't think the cars are worth current transaction prices, but other people do. Hence, I stand by my claim that in the current market this car is fairly priced, if way beyond what I would consider it's worth.

markwemple
markwemple UltraDork
3/14/17 10:44 a.m.

If that's an Anderson article, it's suspect. I look to sales prices. Believe what you want. Hell, isn't a long hood S worth 1.2 mil. I mean McQueen's sold for that a little while ago and "prices have gone up since then."

simontibbett
simontibbett Reader
3/14/17 11:06 a.m.

I dunno to me this seems like a great starter for a "budget" (lol) oriented Porsche vintage racer.

markwemple
markwemple UltraDork
3/14/17 11:17 a.m.

I'll agree with that if you are looking for a real long hood.

scottdownsouth
scottdownsouth Reader
3/14/17 4:48 p.m.

I'm just trying to figure out if I should sell mine and ruin my 11 year Olds dreams or not

markwemple
markwemple UltraDork
3/14/17 6:44 p.m.

Lol. Like people in the DC area selling at the price peak. Then what are you hoing to do. I say hold on and enjoy. I've had mine since 93. It isn't going anywhere

t25torx
t25torx Dork
3/15/17 1:41 p.m.

I think, given the market it's a decent price for a long hood. I really haven't seen an aircooled 911/12 under 30 grand in a while, that was an actual rolling chassis, much less with an engine in it.

It would be in my garage if I didn't have all my car funds tied up in this C6 and Daytona Coupe.

markwemple
markwemple UltraDork
3/15/17 6:02 p.m.

You need to hunt harder. Running 912s can be had for 20k. They'll need work but, technically, you could do a rolling restoration.

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