Just had an interesting comment from Greg on our recent record-price Porsche 912 story. Greg is apparently a former owner of the car and says:
I used to own this car when it was blue! Originally green and it had done over 300,000 miles when I owned it. Yes, it was probably the best car I owned ( and still would love to! ). But at that price I’d hope there had been a lot of work done. If anyone buys it I still have a few bits for it that would increase its value as they are from that car.
If this is true, it’s quite a turn up for the books: makes the proposition even more discussion worthy. No history for its early life, but a seemingly full restoration later on, albeit not in original colour. Assuming the value is lower than the asking price, does the mileage the chassis has done make a difference at this end of the market?
I have no early history for my Carrera 3.0 (above) and the engine is not the original. Donated by a write off, it’s said to have 90k miles on the clock, but I don’t know that for sure. It made no difference to me when buying it as I intended to rebuilt it anyway. The car has some very nice parts fited and work done, and I know what it would cost to replace, so that would be the basis for an asking price if it ever came up for sale.
On that same cost-to-construct basis with an eye on prices elsewhere, this 1965 Porsche 912 is priced in the ball park. Question is the same as with all of these cars: is there a buyer at that sort of money?