'73 RHD T Targa with S engine

[left4dead]

This one has cropped up before but I left more than a few brain cells at Goodwood to recall right now (not the only DDKer to have done so either. ):

http://www.classic-chrome.co.uk/search-show-003980.html

[964RS]

Non matching T targa.

Probably has some value if you can find the owner of the car missing the S engine....

[9_1_1_S]

Dealer description:
"Porsche 911T 2.4 'S' spec Targa - First registered on 1st June 1973 in London - Chassis No: 9113511170, original Engine No: 6532382 Current 'S' Engine: 6320416 (From a 1972 2.4S Coupe).
The car comes with an incredibly extensive history file and full DVLA records of ownership from new, its original Burgundy plastic folder with Handbook and Service book, invoices, photographs of body restoration and MOT certificates showing mileages from Nov 1980 @ 53,758 through to its current certificate on 8th July 2014 @ 46,777 which is 146,777 from new.
The DVLA records also show that the 'S' Engine - 6320416 was fitted on 11/10/84
On 29/04/1986 the car was exported to Guernsey as a “Gemini Blue” 911S where it was restored over a five year period and this included a full Engine rebuild and body restoration with parts supplied by AFN. The mileage at this time was 86,310.
The car was registered on Guernsey under registration number: “9115” and on completion a new Service Record booklet was started which comes with the car.
It was purchased by the penultimate owner in August 2005 and brought back to the UK and re-registered under its original UK registration number PGK 163L with an odometer reading of 93,254 miles.
The car was taken to Bob Watson Engineering in Middle Aston in September 2005 who removed the Engine & Gearbox and various other components and it was then given to ART in Brackley for a body restoration where it was stripped to bare metal, numerous new panels replaced and completely repainted in its original and correct 1973 Silver Metallic (936). It was reassembled and fully serviced with numerous new parts and detailing and the total expenditure for this work was £21,000.
It was then given to Porsche trim specialists Southbound in March 2006 who fitted a new Mohair Targa roof covering + headlining and some interior trimming totalling £2,334.
The current owner purchased the car in May 2007 with 96,000 miles on the clock after having a full Peter Morgan inspection and he has had further work carried out by JZ Machtech including a full suspension rebuild set up, new Fuel Tank, Brakes, Alternator, Distributor rebuild by Bosch and general servicing. In addition the car went to Autofarm in May 2011 and @ 123,000 miles they carried out a full top end Engine rebuild including new camshafts and a full Gearbox rebuild costing over £13,000.
Due to some corrosion and bubbling of the paint on some panels, the car was given to Impact Prestige Bodywork in Uckfield, East Sussex in August 2012 and they stripped the car, replaced both doors, the bonnet and rear panel (ex Porsche) and repainted the car + stripped off the underseal from the underside of the car, etched primed and resealed in underbody paint. In total since purchasing the car in 2007 and including servicing, MOT's and repairs by Autofarm and JZM, he has spent a further £45,000 on the car, giving a total spend by these two owners since 2005 of almost £70,000.
It was serviced at Autofarm last year @ 138,800 miles and it has now covered 147,000 miles from new and the current owner has covered 42,000 miles in 7 years using the car exclusively during the Summer months.
The car really is in excellent condition throughout and it's fast and drives and handles properly and sounds terrific!
It will come with our own customer care package including 12 months MOT, pre-sales Service, HPI/provenance Checks, 55-point pre-delivery inspection and 6 months mechanical breakdown Parts & Labour Warranty which can be upgraded and extended at additional cost if required. This car represents exceptional value for money and we are sure it will not be around for long!"

I really feel for the previous owner who spent almost as much on it in the last 7 years (£45k) as he will now get for it! Having said that, he's really made the most of his ownership with 42000 miles racked up in same period - good for him!

Very tempted to buy this one and 'use it up' - it clearly won't disappoint as a great driver.

[IanMcLeod]

I believe the engine number in the Targa matches the original engine number in WMR 911K that cropped up in a thread recently. I have PM'd Steve T who posted on the thread about it.

Ian.

[left4dead]

Now wouldn't that make for a happy ending. Nice one, Ian.

[yoda]

I was driving past Classic Chrome today and thought I would drop in and take a look. Car has been sold but the chap there said it was in lovely condition and had lots of money spent on it.

Interestingly, he said the owner of the coupe that the engine belonged to came to see the car and didn't think it was worth reuniting the engine and chassis . Must have made economic sense and would have been a nice ending.

Oh well, at least he knows where the engine is and can perhaps do something at a later stage.

[Sam]

Lolwut? Reuniting the car and engine would add tens of thousands to the value. Silly sausage.

[Steve T]

Lolwut? Reuniting the car and engine would add tens of thousands to the value. Silly sausage.

I don't disagree that reuniting the car and engine would add value but you are slightly overlooking the £50k you would have had to pay for a mediocre Targa to get it. I offered 40k for the Targa but they refused got more.

The RHD 2.4S is now sold with it's non matching engine and I'm sure will surface somewhere soon!

br
Steve T

[yoda]

I don't disagree that reuniting the car and engine would add value but you are slightly overlooking the £50k you would have had to pay for a mediocre Targa to get it. I offered 40k for the Targa but they refused got more.

If I had the coupe .... I would have bought the Targa for £50k. Swapped the engines and sold the S engine Targa for say £40-50k. For £10k max I would have turned my S into a matching numbers S and added £30k to the value.

Simple man maths ..... works every time!

[23e Heure]

You would need to have the £50k plus engine swap costs to cover while you swapped it all out and flipped the Targa though,eh.

[yoda]

Practicalities dear James ...... worst case borrow £55k, do the deal and make £20k after all costs. Still a no brainer - where else will you get 36% return in 3 months?

[210bhp]

You would need to have the £50k plus engine swap costs to cover while you swapped it all out and flipped the Targa though,eh.

Not necessarily. With some creative thinking between the S coupe owner and Classic Chrome.



Regards
Mike

[23e Heure]

I've tried some creative thinking myself lately, Mike.
Still dreaming though

[210bhp]

I've tried some creative thinking myself lately, Mike.
Still dreaming though

Don't we all?

Regards
Mike

[Steve T]

I don't disagree that reuniting the car and engine would add value but you are slightly overlooking the £50k you would have had to pay for a mediocre Targa to get it. I offered 40k for the Targa but they refused got more.

If I had the coupe .... I would have bought the Targa for £50k. Swapped the engines and sold the S engine Targa for say £40-50k. For £10k max I would have turned my S into a matching numbers S and added £30k to the value.

Simple man maths ..... works every time!

In my opinion when looking at the Targa it was not nice and worth 30/35k max in my mind (although they did sell it to be fair so maybe I was being harsh) all the panels had been migwelded on, wrong doors etc etc. Then you have the cost of swopping over engines , then you have 2 cars to sell instead of one ! The 911S coupe even with a matching engine was still missing its sunroof and had been round the block as a race car not so long ago so is it now worth £130k with its matching engine?
Also you have to take into account the margin scheme VAT , so if you do actually make an extra £20k the VAT man takes £3,333 of it .............of the £16,700 you have left as profit the tax man then takes half of that so you are then left with £8k in your pocket extra using Yoda's simple maths for buying another car , swoping engines over and then having the grief of dealing with even more people to sell 2 cars for £8k
Not so simple imo ?