Need to help on selling Targa

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stait9
DDK Seasoned Poster
Posts: 46
Joined: Tue Jun 01, 2004 2:39 pm
Location: Richmond

Need to help on selling Targa

Post by stait9 »

Hello everyone

A sad day indeed but it looks like the Targa may need to be sold. The car was jointly owned with my dad (as he's got the garage) but unfortunately due to his health means he isn't able to use it as much as we hoped.

The timings of this news sucks as I can't buy him out right now and would also need to find a garage for storage in London.

All of which means it looks like it needs to be sold. The problem with this was the car was never intended to be sold, as least not for several years and is currently quite an expensive work in progress where money and return on investment wasn't the motive, if you know what I mean. However, if it is to be sold now before having enjoyed it as much as I'd hoped, it would be good to try an re-coupe as much of the money as possible without be greedy - possibly going towards another 911, not a targa, which could live more easily in London. I might even sell the beetle to consolidate.

So far the spend is approximately £18K including buying the car in the first place. The work includes:
- complete new floor plan welded in by Alex at Retro
- engine and gearbox rebuilt by JZ - pretty much all new save for the case and carbs, i.e. new pistons & barrels, stainless steel exhaust, new upgraded oil pump
There are a few other bits and pieces including a Carrera 3.2 front end but essentially it is brilliant solid underneath and an excellent drive.

This is where the problem comes in, it is in need of a new paint job, new carpets and new dashboard (plus new tach) - all of which are quite cosmetic but will bring the price down for some people.

I was hoping for advice on: a) a realistic selling price, and b) do I need to consider a house doctor solution, i.e. get the paint work down in order to increase the value?

The car is a 1969 911 T Targa, LHD import. There are photo's already in the members section but I'll list them again.

I'd really appreciate your help on this one to see if I can make this as painless as possible.

Cheers

Stuart

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'69 911 Targa 2.0T
'61 Beetle
Viv_Surby
DDK rules my life!
Posts: 1074
Joined: Mon Jan 31, 2005 4:52 pm
Location: Cardiff, South Wales

Post by Viv_Surby »

Stuart - shoot that bad news :(

I would guess you're looking at £13-15k but the likes of Nick and Andy would e able to advise better
.....AKA the Welsh driving ace - Carlos Monteverdi!

1967 VW Type 2 Camper - 'Betsy'
1969 Porsche 911R Homage hot rod - 'Prescilla'
1972 Karmann Cabriolet - 'Celine'
stait9
DDK Seasoned Poster
Posts: 46
Joined: Tue Jun 01, 2004 2:39 pm
Location: Richmond

Post by stait9 »

Thanks Viv. I'm going to see if I can still make to next SW meet anyway. It's this Wednesday isn't it?
'69 911 Targa 2.0T
'61 Beetle
Nick Moss
Nurse, I think I need some assistance
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Joined: Sat Nov 08, 2003 6:59 pm
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Post by Nick Moss »

Work back from the value of a nice 1969 911 T Targa, LHD import.

Deduct the cost of a respray, carpets, dashboard and tach and what do you get?
Nick Moss - early911.co.uk - Fuchs refurbishment
07980 017994
nick@early911.co.uk
Viv_Surby
DDK rules my life!
Posts: 1074
Joined: Mon Jan 31, 2005 4:52 pm
Location: Cardiff, South Wales

Post by Viv_Surby »

It is Stuart yes
.....AKA the Welsh driving ace - Carlos Monteverdi!

1967 VW Type 2 Camper - 'Betsy'
1969 Porsche 911R Homage hot rod - 'Prescilla'
1972 Karmann Cabriolet - 'Celine'
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