Right now, a four cam engine is going for a hundred grand. If that was originally a four cam car, someone will certainly restore it. The sky is the limit for a four cam Speedster.
Right now, a four cam engine is going for a hundred grand. If that was originally a four cam car, someone will certainly restore it. The sky is the limit for a four cam Speedster.
Good title for this thread because ............that is pure insanity. The worst part of it is, every dumb ass with a rusting hulk of a Porsche out in the field, that see's this aution will think their's is worth the same amount.
Woody wrote: Right now, a four cam engine is going for a hundred grand. If that was originally a four cam car, someone will certainly restore it. The sky is the limit for a four cam Soeedster.
Actually closer to 175 for a complete one (with exhaust, distributors, etc.). A completely restored Carrera Speedster is probably going to be over 1.5 soon. One is selling early next year at RM Auctions Retromobile in Paris.
How?
Knurled wrote:rob_lewis wrote: Obviously, this car would literally be rebuilt from scratch, keeping very little of the original metal. As been stated, building a car around a VIN tag.The good part is, it's not uncommon for a new car to be built around the *cast off parts* from a car like this. There are Ferraris where there are two or three cars with the same serial number. Car gets wrecked while racing, car 1 gets rebuilt, car 2 gets built around the wrecked-but-straightened-out parts.
The weirdest part is the factory will more often than not certify all 3 as real.
I was in this room last year, along with seven four cam engines.
I was thinking about this last night, and this kind of insanity makes me happy. Not just because I'm a car guy and I like to see any car in any shape saved, but because someone is going to pay someone else a good years wage for their craftsmanship. That makes me happy.
I like the way that you think.
Yes, mazdadeuce, that is a great way to look at it.
Your post changed my opinion of this particular rusting hulk and the seemingly absurd price attached to it.
You'd be amazed at what people will do to keep a VIN intact.
I've seen people spend 3x a car's value (with respect to buying a clean, all-original, perfect condition Survivor) in a restoration because the number was important to them.
In reply to Woody:
Most patient engine builder in the world? Doesn't it take like 20 hours to set up the valvetrain on one of those?
mazdeuce wrote: I was thinking about this last night, and this kind of insanity makes me happy. Not just because I'm a car guy and I like to see any car in any shape saved, but because someone is going to pay someone else a good years wage for their craftsmanship. That makes me happy.
Perhaps pay many people a good years wage! 
Kenny_McCormic wrote: In reply to Woody: Most patient engine builder in the world? Doesn't it take like 20 hours to set up the valvetrain on one of those?
That's why they all eventually make their way to the same guy's shop.
$42,200 now. Whu...
As someone wiser than me once said :Hydrogen and Stupidity are the only true universal constants."
I don't see insanity yet - so far it's in the realm of reasonable investment. $150k restoration, $50k vin, $250k finished product = $50k roi.
Kenny_McCormic wrote: In reply to Woody: Most patient engine builder in the world? Doesn't it take like 20 hours to set up the valvetrain on one of those?
I have a 1963 print of the workshop manual for that engine. It's quoted as 40 hours to properly set the timing.
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