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Old 03-08-2007, 10:00 PM   #1
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A true Rarity - break that Porcelain Porcine...

Hi,

Here's a Fun one... get ready to drool... http://www.readytofix.com/Inventory/Porsche_906.htm

Happy Motoring!... Jim'99
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Old 03-09-2007, 02:23 AM   #2
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Very cool! How much will that sell for?
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Old 03-09-2007, 05:42 AM   #3
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Hi,

Well, there's no way to place a value on it. It'll go for whatever the Buyer and the Seller agree on. That said, I think an initial offer in the $150k would get the ball rolling. I'd expect the car to sell for well under $200k.

Think about it's rarity and investment quality and then compare it's price to say a new Ferrari 612 Scaglietti or F430 or a Lamborghini Gallardo or Murcielago (all $200k+) and I think in the long run, the 906 would be a better buy...

Happy Motoring!.. Jim'99
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Old 03-09-2007, 05:46 AM   #4
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Jim, but the guy put over $200K in the restoration project. You still think it will go for <$200K. Thaks for sharing the great photo!
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Old 03-09-2007, 06:02 AM   #5
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Quote:
Originally Posted by bmussatti
Jim, but the guy put over $200K in the restoration project. You still think it will go for <$200K. Thaks for sharing the great photo!
Hi,

Well, it underwent the restoration project 7 yrs. ago. And, it wasn't truly a restoration, it was a modification to make it Street Legal.

In the world of collector cars, you usually only recover 1/3 of your restoration cost, which is why the wisdom is to buy an already restored car - it's cheaper than doing it yourself.

I suspect, given it's provenance, it was probably worth more if it had been left 'As Built'. Making it Street Legal probably negatively impacted it's value quite a bit...

Happy Motoring!... Jim'99
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Old 03-09-2007, 06:09 AM   #6
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Quote:
Originally Posted by bmussatti
Jim, but the guy put over $200K in the restoration project. You still think it will go for <$200K. Thaks for sharing the great photo!
There's a general truism about old car restorations...

"It's cheaper to buy a car that's already done, than to buy one and do it yourself"

Rarely does a restoration make someone any money, especially if you have to pay someone to do most of the work. It's a labor of love, and most restorations leave people upside-down with their investment in the car.

For example, I know where a '67 Mustang coupe, 289 auto w/PS and AC, is sitting. One owner car, parked in a barn for the last 10+ years. Completely solid car except that it has a vinyl top, and has the rust bubbles under the vinyl that's so typical. I could buy it today, probably for $500-1000.

It would have to be completely restored, including a new roof panel and C pillars. Even if they gave it to me, it would take far more money to bring it back than it would be worth when it's done.

Of course, a Mustang coupe is a completely different animal than a 906, but you get the idea.
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Old 03-09-2007, 06:20 AM   #7
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yeah but does it work with my ipod? That's a deal breaker...
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