by John Glynn | Jan 20, 2013 | Classic Porsche Blog, Market & Prices
Just had an interesting comment from Greg on our recent record-price Porsche 912 story. Greg is apparently a former owner of the car and says:
I used to own this car when it was blue! Originally green and it had done over 300,000 miles when I owned it. Yes, it was probably the best car I owned ( and still would love to! ). But at that price I’d hope there had been a lot of work done. If anyone buys it I still have a few bits for it that would increase its value as they are from that car.
If this is true, it’s quite a turn up for the books: makes the proposition even more discussion worthy. No history for its early life, but a seemingly full restoration later on, albeit not in original colour. Assuming the value is lower than the asking price, does the mileage the chassis has done make a difference at this end of the market?
I have no early history for my Carrera 3.0 (above) and the engine is not the original. Donated by a write off, it’s said to have 90k miles on the clock, but I don’t know that for sure. It made no difference to me when buying it as I intended to rebuilt it anyway. The car has some very nice parts fited and work done, and I know what it would cost to replace, so that would be the basis for an asking price if it ever came up for sale.
On that same cost-to-construct basis with an eye on prices elsewhere, this 1965 Porsche 912 is priced in the ball park. Question is the same as with all of these cars: is there a buyer at that sort of money?
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by John Glynn | Jan 19, 2013 | Classic Porsche Blog, Modified Porsche Hot Rods, Project Cars
Few classic Porsche cars sum up Ferdinand’s driving, not posing policy more than those built at WEVO in San Carlos, CA. One of my favourite cars from this stable is a 1967 Porsche 912, known in the family as Primrose, which I first enjoyed driving two years ago. This is me: pic by Jamie.
The ’67 is Aga Blue. It’s a genuine barn find, with only 36,000 miles on the clock when first uncovered. Hayden Burvill regards the 912 as “the essential-to-understand engineering link between the 356 and the 911. Put into dry storage in 1972, we recovered it in 2007, the 35-year hibernation leaving the interior beautifully preserved and the exterior degraded in a manner that is difficult to describe.
“The patina is insanely genuine, at times disturbing, yet any effort to control or preserve it would look ridiculously contrived. The 912 is heavily waxed, waxed over every blemish and that seems like the appropriate treatment for the time being.”
When I first drove this classic Porsche, it had a simple engine build and almost standard suspension, albeit rebuilt with new bushes. Since then, Hayden has further upgraded the running gear: most noticeably with a 1900cc engine that was run in on the 2012 California Melee.
“The 1900cc motor has been faultless so far. Initially it required a little tuning and synchronization of the carbs but otherwise all good and much nicer than the old motor. Went on a diet and took another 16lbs off during the build, so the car is now about 2000 lbs with a full tank and 110hp: about BMW 2002 territory.
“Old engine to new engine: we kept the crank and flywheel and the cam, but not much else. Entering it on the Melee was an incentive to get it working. The 912 turned out to be the perfect car for the event, rewarding care with momentum – and the big grin that comes from sliding about on dry pavement at legal speeds on 165/80-15 tires.
“The nimble 912 can tackle the unexpected with such finesse, it makes me very happy to have left the 911 at home for another day. That said, after an unbroken run of 140 miles, my shoulders did feel like a massage would have helped. Drivers in the heavier cars would have enjoyed a great upper body workout.”
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by John Glynn | Jan 18, 2013 | Classic Porsche Blog, Project Cars
The best thing to come from blogging is an interesting social network. I’ve met some great people via writing and photographing Porsche cars over the last eight years, and to help three of them out in one go is a rewarding experience.
When an East Coast R Gruppe buddy emailed details of a SWB car for sale on the other side of the world a few months ago, asking my opinion and whether I knew anyone connected to the car, I drew a blank. My network is good, but not that good.
Fast forward a few months and another car comes up for sale. This one’s a 1970 911 in the UK, being sold by someone I’ve known online for a while, previously dealt with and bought from in person. Even better, this RHD 911 was for sale on the doorstep of some friends, so a pre-purchase inspection recommendation was ready and waiting.
My friends got together on the deal, and sent the car for a check over. The 911 was given a clean bill of health – couple of advisories but nothing serious. A deal was agreed and the car sailed off overseas: not stayed in the UK and not gone to America.
Will be nice to get some new pics of this 1970 Porsche 911T in its new home one day: great to help a Porsche deal happen!
by John Glynn | Jan 12, 2013 | Classic Porsche Blog, Market & Prices
Having a quick flick through the DDK classifieds this morning and spotted a link to this beautiful 1965 Porsche 912 for sale. Couldn’t believe the price – is it a record? For overseas users, £38k is $61k US or €46k EU.
From the ad: “The car has had a full, cost no object, restoration and has been stripped to bare metal and sprayed by Brookfield Classics to their usual incredible high standards. The restoration is 3 years old and the car has only covered around 1500 miles to shows etc and has lived in a protective bubble since. I firmly believe this to be the finest restored early 912 available.
“The interior is all new and the engine bay is equally concours condition. The car was a US import in the 90’s and has a massive history file with bills way back into the 70’s and even the original US plate. The engine is not a matching number to the car but is strong and runs faultlessly. All in all this is a beautiful car of the highest standards and a real investment with this being a short wheel base, 3 dial early car and 912 prices rising.”
The price gap from best 911s to best 912s is always a bone of contention. If I was doing a classic Porsche insurance valuation for this car, I’m guessing I might be in the £30k-band, but as an asking price in private sale that number seems a bit of a challenge. I’m interested in hearing your thoughts.
Not saying it won’t get it or that 912s are a problem. Stay cool, 912ers.
by John Glynn | Jan 1, 2013 | Classic Porsche Blog, Market & Prices
Agreed Porsche insurance valuation policies for classic Porsche cars are the only way to go. If someone steals your classic or collectable modern Porsche tomorrow, a market value policy will create no end of hassle and may leave you seriously out of pocket. This is when you need an agreed value classic Porsche insurance policy.
Classic Porsche Insurance Valuations UK
Ferdinand Magazine owner, John Glynn, has spent over 30 years in the motor industry, buying and selling cars for trade and retail. John clocked up ten years with Glass’s Guide in the UK valuing older cars and modern classics, for clients in the trade and the financial services industry.
“Always run an agreed value policy on your classic Porsche,” John insists. “It’s the easiest way to ensure you will be properly compensated should the worst ever happen. Never leave the total loss of a car worth tens of thousands of pounds open for debate, even in a rising market. Always agree a value.”
Recent valuations include:
- 1973 Porsche 911 Carrera 2.7 RS
- 1979 Porsche 924 Turbo
- 1989 Porsche 944 S2 Cabriolet
- 1989 Porsche 911 Turbo LE (930)
- 1998 Porsche 993 Turbo
- 2004 Porsche 996 GT3 RS
- 2010 Porsche 997 GT3 RS
John carries out agreed insurance valuations on classic and collectable Porsche cars that are accepted by every UK insurance company, even when insisting on independent engineer’s inspection. Our agreed valuations cost just £35. Complete the online form for your UK Porsche insurance valuation and we’ll return a written valuation within 48 hours (Mon-Fri).
