1965 Porsche 911 For Sale - Raced At Sebring In 1967 This Porsche 911 was driven by the German driver, Sepp Greger at Sebring in 1967. Image Unavailable, Please Login Image Unavailable, Please Login
I'll go out on a limb and say it's the price, at $350K it's a little steep and maybe folks are interested in something else at that price point.
I think this 1965 Porsche 911 is priced just right. It is a race car with period race history driven by a well known German driver at the 12 Hours of Sebring and is licensed to drive on the street and has been restored to excellent condition. At the upcoming Monterey auctions Gooding has the following Porsche 911s (neither has a race history as far as I can tell): 1965 Porsche 911 - Estimate: $450,000 - $550,000 - 1965 Porsche 911 | Gooding & Company 1966 Porsche 911- Estimate: $400,000 - $500,000 - 1966 Porsche 911 | Gooding & Company The seller of the '65 911 on My Car Quest has left some headroom for the new owner.
That's certainly one way to look at it, on the other hand if something's not selling it generally means something. It's not that this car is hard to find or work a deal on so there must be something keeping it languishing on the market. Even more so if it is, as you put it, undervalued. And I'm of the belief that these prices are unsustainable which might make me one of the minority, but I guess we'll see how it shakes out.
I know both cars: 1965 Porsche 911 - Estimate: $450,000 - $550,000 - 1965 Porsche 911 | Gooding & Company 1966 Porsche 911- Estimate: $400,000 - $500,000 - 1966 Porsche 911 | Gooding & Company One is nearly a '64 with a very low VN number and the other one it totaly original in first paint, see: One of the Finest, Unrestored Early 911s Extant Beautiful Special-Order Dark Blue Paint with Full Leather Upholstery Southern California Car with One Owner for Almost 50 Years Complete with Fitted Luggage, Books, Tools, and Extensive Documentation A Must for the Serious Porsche Collector and: One of 254 Early Pre-Production Examples Equipped with All 64 Unique Pre-Production Design Features Restoration Completed in 2013 Rare Original Color Scheme A Notably Pure Example of the Early 911
The estimate is $300,000 to $400,000. No race history. 1965 Porsche 911 2.0 Coupe | Monterey 2014 | RM AUCTIONS
Not singling out this particular car, but the market in general must be due for a correction. Who are all these people with deep 6, 7, and even 8 figure budgets for toys? I spend an irresponsible amount of a good income and assets on cars, but I am out of the market for now and sold my most valuable car is it had gotten to the point it was above my pay grade to risk driving it. Oh, and the insurance . . . . That said, I bet Monterey this year posts some crazy numbers and new record highs for all kinds of cars.
Hard to compare the red subject car to this Bali Blue one (301036) that RM is auctioning. There seems to be a subset of the longhood market that puts a hefty premium on a 1965 911, vs a 1966 model like this one. Same market forces put a premium on one of the 232 1964 models vs a '65. For reference, the serial numbers for a MY '65 911 are 300233 to 301899. That said, a '66 like 303474 should benefit from the run up in all SWB prices, a rising tide lifts all boats kind of environment. As for provenance, again it is important to a certain subset of the market. Hopefully that specific buyer will be in Monterey next month. Would love to see this one go at the estimate.
I am confused by your comments. The red car on My Car Quest (#303474) is a 1965 model as stated in the Post. I believe the 1965 models ran to #305100. A car with period race history usually commands a premium over a street car.
The model year rolled over in September when the factory resumed production after the August break taken in order to retool for the new model year and let employees take their summer vacation. The MY / calendar year difference is the same concept as we have here in the States, with Ford & GM rolling out their new model year vehicles in the Fall of the previous year. This car is an Oct/Nov 1965 build, hence it is a MY '66, built in '65. As far as your second point regarding the last serial number for the '65 MY, the below breakout might be of help. This is from the Early911SRegistry, put together by longhood guys smarter than me Image Unavailable, Please Login
I have this car now in my collection. very cool to have the car and assembling all the Sebring history. Always happy to trade if someone is interested - for a F car 90's or older of equal value.
the recent run up in P car prices has caused many rust buckets to be rescued by flippers from the crushers, many with questionable futures with regard to durability / quality of work, allowing for the better quality / unmolested cars to separate themselves from an already thin supply to demand a premium... like with the F cars, buyers are quick to separate the junk from the good by being wiling to pay up for quality / originality... as the junk cars start to bite the purchasers, the quality cars should be even more in demand
