73 RS restoration budget question
73 RS restoration budget question
Author
Discussion

lvarga

Original Poster:

70 posts

270 months

Wednesday 16th May 2007
quotequote all
A friend of mine just acquired a '73 lightweight RS in condition matching it's age. What would be the realistic budget for the complete top to bottom restoration w/o any compromises (incl. bodywork, interior, engine, Gbox, etc.)?

Agent Orange

2,078 posts

270 months

Wednesday 16th May 2007
quotequote all
if genuine lightweight just give it to someone good with a blank cheque.........

clubsport

7,415 posts

288 months

Wednesday 16th May 2007
quotequote all
As Vic says, blank check,,,make sure it is done right, actually cheaper in the long run, particularly as it is a lightweight.

Nigh on impossible to guage cost without even seeing the car, but more likely >£50k.

Lucky chap, what a fantastic project.

lvarga

Original Poster:

70 posts

270 months

Wednesday 16th May 2007
quotequote all
the friend and the car is in Germany; he got an initial quote north of EUR 120k (£80k) for the work (parts and labor) from a reputable specialist which seemed excessive to me, hence my post here

clubsport

7,415 posts

288 months

Wednesday 16th May 2007
quotequote all
Restore it once....2.7RS let alone genuine Lightweights are "blue chip", at the kind of £££ good cars are selling for you cannot consider a half hearted restoration...obvioulsy hard to comment without seeing actual car but specialist labour isn't cheap!

Bodo

12,613 posts

296 months

Wednesday 16th May 2007
quotequote all
lvarga said:
the friend and the car is in Germany; he got an initial quote north of EUR 120k (£80k) for the work (parts and labor) from a reputable specialist which seemed excessive to me, hence my post here

Sounds appropriate to me. He might even calculate 20% more as usual with restorations. A nut&bolt classic car restoration will never redeem financially. Ask him to get a quote from Porsche Classic GmbH if he's serious about the quality and ready to spend €€€.

sambaman

3,991 posts

254 months

Wednesday 16th May 2007
quotequote all
a 73 RS on a budget................please................................




Agent Orange said:
if genuine lightweight just give it to someone good with a blank cheque.........

lvarga

Original Poster:

70 posts

270 months

Wednesday 16th May 2007
quotequote all
it seems that the consensus is that the restoration for £80k is value for money; I'll advise the friend accordingly - Thanks for the input

Geneve

4,019 posts

249 months

Wednesday 16th May 2007
quotequote all
Its future value will depend on who carried out the restoration. It is possible to have it restored at Zuffenhausen (see the current Christophorus). This would be the ultimate, but would probably cost near £200k.

Depending on its presnt condition, and how complete it is, £80k is a fair estimate. It's vital that it's done properly.

Do you know the chassis #? (911360****)

Agent Orange

2,078 posts

270 months

Wednesday 16th May 2007
quotequote all
Simple really, value today anything between £125k and £200k subject to provenance and originality, or in simple terms what u start off with ...............but above all sympathetic refurb, give it to wrong guy could get ruined, no one will want it and at these levels buyers very fussy and most cars worth having well known.............so simple but perhaps not easy!

anonymous-user

84 months

Thursday 17th May 2007
quotequote all
so would i be right in thinking its worth 100k now and after a 200k restoration its worth 200k. hmmmm sell it and buy a restored one?

POORCARDEALER

8,668 posts

271 months

Thursday 17th May 2007
quotequote all


Having it restored "on the cheap" will affect its value, it needs to go to a RS Specialist to maximise its value, however an original but scruffy car with good provenance in the right auction will still fetch mega £££££s

lvarga

Original Poster:

70 posts

270 months

Thursday 17th May 2007
quotequote all
how important is to build up a file during the process to prove all the work done with photographic evidence of every detail?

bergmeister

1,084 posts

274 months

Thursday 17th May 2007
quotequote all
Hi Send me some photos,i can give you some idea.
What is the state of the running gear,chassis etc
The important one is the numbers,do they all match?
I have a friend in germany who built my 2.4s/st racer,restores cars for museums etc,father and son team,working on porsche for 40 years.
He will give you a price that will not run away with you,unlike the uk.
Also the car will be restored correctly,and look like a 73 car.At the end of the day ,its a 911,and very similar car to restore to any other 911,and should not be 80k unless its a basket case/body damaged,Knackered engine and box etc
I can post or send some photos of my car,and also a new build viper green group4 st being nearly completed for a certain triangle player in the uk.
Or as fbrs states buy a ready restored car.

Agent Orange

2,078 posts

270 months

Thursday 17th May 2007
quotequote all
Blimey u cud get a whole Band for that money , not just a triangle !

anonymous-user

84 months

Thursday 17th May 2007
quotequote all
bergmeister said:
I can post or send some photos of my car,and also a new build viper green group4 st being nearly completed for a certain triangle player in the uk...


post em!

sleep envy

62,260 posts

279 months

Thursday 17th May 2007
quotequote all
bergmeister said:
At the end of the day ,its a 911,and very similar car to restore to any other 911,and should not be 80k unless its a basket case/body damaged,Knackered engine and box etc


That's what I'm thinking, how can a resto for a 73 911 get to that?

timmo

1,788 posts

264 months

Thursday 17th May 2007
quotequote all
My 356 A cabriolet I had restored cost double
what I thought it would and took twice as long to finish.

If you want it to be done properly the cost will go up + up
for example ... " Ive been offered a correct radio for your car ... £800
I have a correct tool for the toolbox £300.00 .... the list goes on and on



I had original time period parts on the car which took a long time to track down
from countries such as Switzerland/Germany and America

for example the best Speedo/Clock restorers is in America ( thats 3/4 months straight away )
just be prepared that you wont see the car for a least a year or two or three.......


tim

rubystone

11,254 posts

289 months

Thursday 17th May 2007
quotequote all
sleep envy said:
bergmeister said:
At the end of the day ,its a 911,and very similar car to restore to any other 911,and should not be 80k unless its a basket case/body damaged,Knackered engine and box etc


That's what I'm thinking, how can a resto for a 73 911 get to that?


Me too. I just hope that the car is a genuine one to start off with. I'd establish its provenance before I pent any momney on it.


sleep envy

62,260 posts

279 months

Thursday 17th May 2007
quotequote all
timmo said:
My 356 A cabriolet I had restored cost double
what I thought it would and took twice as long to finish.

If you want it to be done properly the cost will go up + up
for example ... " Ive been offered a correct radio for your car ... £800
I have a correct tool for the toolbox £300.00 .... the list goes on and on



I had original time period parts on the car which took a long time to track down
from countries such as Switzerland/Germany and America

for example the best Speedo/Clock restorers is in America ( thats 3/4 months straight away )
just be prepared that you wont see the car for a least a year or two or three.......


tim


I don't doubt what you say but was you initial budget realistic?

Besides, maybe as 911s are more common than 356 parts might be in more plentiful supply so maybe cheaper?

A partner at a practice I used to work in bought a real basket case of an XK150 - took him a couple of years to get it refurbed and that cost him £45k all in, although the figure the wife knew was closer to £30k hehe