by John Glynn | Oct 22, 2014 | Classic Porsche Blog, Porsche Cayenne, Porsche News
While writing a Porsche Cayenne Buyers Guide for 911 & Porsche World magazine the other day, I came across an interesting story around the genesis of the Porsche Cayenne.
The Cayenne has long been marketed as a Porsche/VW partnership vehicle right from the start, similar to the 914, 924 and more, but the first Porsche SUV was apparently set to be based on the Mercedes ML. When Mercedes asked for shares in Porsche to cement its joint venture, the agreement between the two companies came to an abrupt end.
Porsche was already working on an SUV concept for Volkswagen, so chased the Volkswagen boss – Porsche family member and shareholder, Ferdinand Piëch – for a space alongside Wolfsburg on their posh 4×4 project. Rather than using all-Volkswagen sourced engines, Porsche’s drawing board already had Panamera sketches on it, so Stuttgart decided to build its own V8 to power the SUV plus one other. So much is down to the marketing.
Britain’s Steve Murkett led the Cayenne design team. Early reviewers felt that the reshaped front end on a van-like Touareg bodyshell didn’t communicate much style, but I disagree: I think it’s quite a stylish car nowadays and stands out from the crowd. If they didn’t know that the two were related, a casual observer would be unlikely to draw a line between Cayenne and Touareg.
As for comments that the X5 was more stylish, perhaps the market has the answer with slightly higher residuals for the Porsche. As for what we could have had – a Porsche/Mercedes ML – I am happy with things just as they are.
Porsche Cayenne Buyers Guide
Regarding the Cayenne Buyers Guide, the start points for a 2004 Porsche Cayenne S V8 like mine are quite simple.
- Check no engine ticking noises: could be coils, a failing water pump or cylinder scoring
- All gearshifts smooth and controlled: no bangs or rattles
- Check plastic coolant pipes in the V have been changed for aluminium
- Check no wandering steering – front control arms wear out fast
- No tired brakes, no past-it tyres
- No warning lights from the air suspension if fitted
- Check for damp under carpets: leaky sunroof tubes or split rear washer pipe in A-pillar
As for the rest, you’ll have to buy Porsche World next month!
by John Glynn | Oct 13, 2014 | Classic Porsche Blog, Market & Prices
A Porsche friend has entered this matching numbers 1979 Porsche 930 (911 Turbo) for the classic car auctions at the NEC Classic Motor Show next month. Normally my advice is to take care when buying at auction (i.e. what most auction buyers fail to do) but I have seen this car more than once, and it has always struck me as a decent example, so am happy to share it on Ferdinand. That said, buyers should still do their homework.
The car was found in California by Tuthill’s US buyer around the same time I bought my 912E. At the time, Tuthills were rallying that white 930 on Midnight Sun and I did think this might end up as a rally car. As quite a unique colour and spec – Bamboo Beige with dark brown Recaro sports trim – it was one of the first impact bumper 911s I was hoping would not be modified! Not my usual approach, but this was low mileage and really quite nice. Happily, it found a fine home as a road car.
On arrival in the UK, it was given a thorough inspection and much work was done to recommission the Bosch CIS K-Jet fuel injection system, including fitting a brand new fuel tank. Earlier this year, Paragon Porsche fitted new suspension, before it came back to Tuthills for a diff rebuild and new clutch. The car has only done 46,000 miles or so, but the owner has never shied away from spending money on it. He tells me he is selling to buy a horsebox for his daughter: how the other half lives!
The estimate for this car is £40-46k. As a left-hand drive, low mileage 930 in a rare colour, it may find the interested parties it needs to get some competition going on bidding. My only real bugbear is the polished Fuchs, but it would be easy to repaint the centres in proper satin black, as above. Then the car would look like quite a special impact-bumper 911, in my opinion.
by John Glynn | Sep 10, 2014 | Classic Porsche Blog, Project Cars
So my 912E has finally arrived in the UK. Bought unseen from San Francisco Craigslist, the car was also advertised on Pelican and a few other places frequented by Porsche fans, but no one wanted it. I did a good deal with Bob the seller and had it trailered away by a good friend out there.
It lived with some friends in SF for almost a year, before it was trucked down to Long Beach to sail with a Tuthill 356 and a collector friend’s 911s. The container cleared customs on Monday, got trucked up to the West Mids and was unpacked on Tuesday morning. I had notice of the unboxing at 9am. By 10am, I’d arranged a car transporter on Shiply to same-day trailer it to my classic Porsche home-from-home: Rob Campbell’s Racing Restorations in Pershore near Worcester. It arrived there later that afternoon.
I am tied up on other stuff all this week, so I won’t get to see it until the weekend, but Robert’s had a good look this morning and says the shell looks pretty solid. It’s had a really rough paint job in the past, but that will blast off easily enough and reveal the original Arrow Blue.
1976 Porsche 912E Project
I purposely bought a 911/912 with no sunroof, as roof panels on pre-galv cars can go nasty, not to mention floors soaked by leaking roof seals. Seems the floors are solid so that is good. Little bit of rust in the front and rear window apertures, spot of surface rust under the parcel shelf. The kidney bowls look OK, but the latch panels are messy. The front wings are rough, but there’s a pair of good ones in the car – not that I am using either. The rest looks reasonable apart from a holed front pan, but that would be coming out anyway as they love to rust: an easy repair job for Mr. Rob Campbell.
What is the plan? Currently aiming to backdate it, keep it simple maybe run it kinda ratty for a while. Not easy to run something with no engine in it, so I plan to fit the classic Subaru Turbo transplant with a flipped R&P and the WRX 5-speed. Still flat four and I’m a Subaru guy. I’ve got a set of Subaru workshop manuals, am not into Beetles and who can be doing with the price of flat sixes these days! 😉
by John Glynn | Aug 29, 2014 | Classic Porsche Blog, Project Cars
My US-purchased 1976 Porsche 912E roller is about to land on UK soil. The car is coming in alongside some imports by a collector friend of mine, so he emailed me the customs forms today to get the clearance put through ASAP.
Tuthills are shipping a really beautiful 356 Roadster in the same bundle as mine and they want to take that to Goodwood Revival next weekend, so while I have no clear date on landing, I expect to be unloading it by this day next week and sharing pictures on the blog soon after.
Plans for the 912: we’ll trailer it to Rob Campbell’s Racing Restorations, have a poke around on the ramps, see what the body looks like and decide what parts can go on eBay as surplus to requirements. I’m sure I’ll at least be listing some impact bumper front wings, as my plan is to backdate it – most likely in steel. More 912 news later.
I still have my 1976 911 Carrera 3.0, the 924 Turbo and all my other cars. Buried in a variety of projects lately has left little time for project fun, but I have been busy on eBay, buying stuff under the duvet late at night. Many website building projects and delays to our long-standing building programme here at home left me with a bit of spare cash, so as I’ve always had a soft spot for Merc SLs, I started looking at those again.
I’ve owned four different Mercedes models, and always enjoyed their solidity. My last experience with a Mercedes SL was to help shift a friend’s R107 SL (chrome bumper one above) from the South of France to the UK and then on to Croatia. That was a 560SL: the US-Canada smog beater. Utterly beautiful, but I’ve always preferred driving the later R129 models.
Good job too, as my £3k in spare cash wasn’t going to buy much of a 107, but it would buy a together example of my target car: a 300SL-24 from 1990-1993 in a good colour with low-ish mileage and big history file. I was OK without a V8, as the Cayenne ticks all my 8-cylinder boxes and the 300 is a nice grand tourer for weekends away with Mrs G. I was not looking for another sports car.
I’m fine with doing a little bit of work as long as the pricey stuff works: i.e. central locking, air con and the electro-hydraulic convertible roof, so I set up an eBay search for SLs under £4k, and bid on a few six-cylinders. A few days into the process, up popped a 500SL that caught my eye just minutes after listing.
£3995 asking price for this very tidy 68k-mile 1992 V8 SL was an excellent price versus my research: being sold cheap for a quick sale. Malachite Green with beige leather was not my first choice, but not too unattractive: I quite like green cars. I rang the number in the ad, spoke to the interior designer owner, she had owned it for four years, mileage supported by MOTs and everything worked fine. Ten minutes later, she had my Paypal deposit on the full asking price and I was arranging insurance.
I collected the car last Friday and all is good: I’ve been doing some more research since. Mercedes built 200,000 R129 SLs from 1989 to 2002, but less than 800 V8s of this generation are still known to the UK registration authorities. Numbers have been falling since the start of the century, so nice to save one from destruction.
A plate transfer has held up the registration transfer, and I have bought another private plate for it, so it will be an extra week or so until it is taxed and ready to use on the road. First impressions: it’s had some paint while it lived in London, needs some help on trim and we got a few quid off for cracks in the plastic soft top windows, but it drives very nicely: exactly as I remember them.
Superbly comfortable seats, beautiful M119 V8 as fitted to the Porsche-fettled Mercedes 500E, the earlier and much maligned 4-speed transmission is still a joy to use and pre-93 has none of the aggro that goes with the later electrical looms or transmission fluid wicking up the wiring harness. I love the gentle styling, that classic front end and the hardtop that transforms the car into a beautifully together sports coupe.
A comparable 911 of the same vintage – so a 964 Carrera 2 Cabriolet – would be over £30k now, and is it ten times what I bought? Ask me in ten years.
by John Glynn | Aug 22, 2014 | Modified Porsche Hot Rods, Porsche News
The Mexico Blue Porsche 997 GT3 RS 4.0 has just sold at JZM Porsche. Finished in what might be the ultimate paint-to-sample shade, the lack of decals is what most people I spoke to seemed to bring up – that and the price, of course.
For sale at a heady £350,000, people were always going to talk about the advertised price. “That’s not us driving the market,” say the sellers, “that is what the owner decided would convince him to part with it. The last RHD 4.0 RS to sell was a more common white car, which sold at £320k. The market has jumped since then and our customer was happy to keep this low-mileage one-off if his return wasn’t worthwhile.”
Such is life as a dealer: balancing customer sentiment with market activity. And it’s not always positive. Agressive dealers keen to push the market up for other 911s have dragged others with them, hurting everyone’s prospects as a consequence. One particular specialist known for scary prices has been listing 911 Turbos – mainly 993s – at huge money this year, forcing other sellers to list cars beyond their comfort zone, to prevent more realistic prices from inferring poor condition. I’m not saying dealers are scared of pushing prices, but there’s a fine line between market top and madness.
JZM has since re-priced its low-mileage Porsche 993 Turbo to what it believes is a more realistic level. Further down the price scale, I’ve spoken to a number of other dealer friends this week who, fed up with silly prices for projects, have been bidding much lower then the asking price and not coming home empty-handed.
One dealer who recently inspected a 1970 911 for a customer valued the car at just 60% of asking. “It was up for one price but with non-matching numbers, rust to repair and no shortage of issues to point at, I offered much less than the advertised price and told him to try and do better. A few days later, the phone rang to say come pick it up.”
What would a potentially slowing project market prove? Not much we don’t know. Prices for good cars are one place, prices for projects are somewhere else entirely. Few people want to buy huge amounts of work as most specialist repairers are pretty booked up, and restoration prices are climbing as parts get harder to source. At some stage there may be a tipping point: if it comes, I’m assuming it will be interest rate related.
There’s no harm in sellers making hay while they can if that what the market is willing to pay. Hurts that genuine enthusiasts are being blown out by investors, but let’s see how it all plays out.
