Would a 2.4s be a good place to put money?

Would a 2.4s be a good place to put money?

Author
Discussion

ChrisW.

6,296 posts

255 months

Saturday 30th August 2014
quotequote all
If you look at Peter Morgan's book on the early 911's, he suggests that matching numbers is not so important so long as it is the correct engine / year version for the car.

In fact, I think he suggests that this might be matching numbers because so many cars had crankcase issues.

I believe the 2.4S could be 3R or 5R, but I own both a '73 2.4S and a ''75 2.7 Euro Carrera --- the former matching numbers by Peter's criteria and the later matching build numbers.

When I asked Peter what he felt the value difference should be between matching numbers and matchin build numbers, he sugested 5% ...

The alternate engine in the 2.4S was fitted by Autofarm, --- who have a great reputation for provenance.

I also know of cars where they have not been matching build numbers and they have reappeared some years later, the original engine having been found.

It is interesting that Porsche will now confirm numbers, but will not give correct build numbers !!

Maybe the Conrad and Gruberstein book does the 2.7RS fewer favours than we thought ?




EricE

1,945 posts

129 months

Saturday 30th August 2014
quotequote all
g7jhp said:
Sellers are probably advertising their car in the hope it sells quickly, before a downturn.
I observed the exact same phenomenon exactly one year ago. Last autumn a surprising amount of relatively clean cars popped up out of nowhere and didn’t sell at what appeared to be "reasonable" prices for that time. I figured "oh well, that’s it - was fun while it lasted". By march all the cars were gone and prices started rising again.

993kimbo

2,975 posts

185 months

Monday 1st September 2014
quotequote all
Would a 2.4s be a good place to put money?

I made a £2000 profit on mine when I sold it for £11,000 after six months, so, yes I think it would be a good place. Well it was then.

majordad

3,601 posts

197 months

Monday 1st September 2014
quotequote all
Mine cost £5,500 in April 1988, still have the car. This thread takes 30 mins to read, but.......
http://rennlist.com/forums/911-forum/729745-9m-197...

paul0843

1,915 posts

207 months

Monday 1st September 2014
quotequote all
Whilst on holiday in Los Angeles in June,I went to visit a company that I am
always coming across as having many early 911s,with the intention of buying
an early pre impact bumper car.
The only car that really caught my eye was a very tidy ,non numbers matching 911 2.4s targa
for $55,000.
Was worth every penny IMO,but I decided instead to buy an early 308 fibreglass they had
for not a lot more.
I think with a bit of running around,and being in the right place at the right time
there's always something with a bit of upside to buy.
Paul

Cheib

23,235 posts

175 months

Friday 5th September 2014
quotequote all
This 2.4 S Targe would have been a very good place to have put money

https://www.silverstoneauctions.com/1973-porsche-9...

Estimated at £115k to £135k and sold for almost £200k including premium last night yikes

Edited by Cheib on Friday 5th September 10:38

roygarth

2,673 posts

248 months

Friday 5th September 2014
quotequote all
Cheib said:
This 2.4 S Targe would have been a very good place to have put money

https://www.silverstoneauctions.com/1973-porsche-9...

Estimated at £115k to 3135k and sold for almost £200k including premium last night yikes
Wow! But why does it say 'unsold' on the listing?

uktrailmonster

4,827 posts

200 months

Friday 5th September 2014
quotequote all
Cheib said:
This 2.4 S Targe would have been a very good place to have put money
The key word being "would". Definitely a poor choice of place to put £200K both on a driving pleasure and investment point of view.

Cheib

23,235 posts

175 months

Friday 5th September 2014
quotequote all
roygarth said:
Cheib said:
This 2.4 S Targe would have been a very good place to have put money

https://www.silverstoneauctions.com/1973-porsche-9...

Estimated at £115k to £135k and sold for almost £200k including premium last night yikes
Wow! But why does it say 'unsold' on the listing?
Dunno..auction was last night. They tweeted that it had sold, I expect they will update the website today.

InsideDealings

622 posts

212 months

Friday 5th September 2014
quotequote all
The all state unsold at the moment. The Brown car made £145k on the hammer I think so £160k ish all in. Fair money for a RHD car. Recent sales have been well above that.

I have 2 black 2.4S coupes at £125k and £145k. I won't be adjusting my prices as I think they are fair.

roygarth

2,673 posts

248 months

Friday 5th September 2014
quotequote all
InsideDealings said:
The all state unsold at the moment. The Brown car made £145k on the hammer I think so £160k ish all in. Fair money for a RHD car. Recent sales have been well above that.

I have 2 black 2.4S coupes at £125k and £145k. I won't be adjusting my prices as I think they are fair.
Do you have a website showing them?