911E at Shannons

[e72phil]

So who is Bidder 11853? Hope he included the 5% buyers Premium into his final price he has t pay. makes my fully restored 72 911E look cheap at $240K

[reedminor]

wow - what a wonderful result for the seller - well beyond what I imagined he was expecting?

I admit to logging on around 915 and it was at 250 and that is where I expected it to end. That in istself was an excellent result.

Interesting story, cool period colour combination.

I would buy yours Phil in preference to this , but each to their own ......

I hope the purchaser enjoys his / her new car.

Thanks

Justin

[klasikcis]

Without knowing or seeing the car a brilliant result. It obviously ticked all the boxes for the buyer and on the face of it had that bit of magic being what appeared to be a very original, unmolested, unrestored, not over restored time capsule. What is becoming an ever diminishing resource! FAP was pretty correct with his original post description.

[e72phil]

Just spoke with Shannons. Seems the buyer is local and car will stay in Australia. Interesting to see if buyer reveals their identity and what the plans are for the car. At the price paid, it seems it will be overcapitalised once required work is done to make it safe to drive reliably again.

[e72phil]

wow - what a wonderful result for the seller - well beyond what I imagined he was expecting?

I admit to logging on around 915 and it was at 250 and that is where I expected it to end. That in istself was an excellent result.

Interesting story, cool period colour combination.

I would buy yours Phil in preference to this , but each to their own ......

I hope the purchaser enjoys his / her new car.

Thanks

Justin

Justin, are you having sellers remorse thinking your car was now worth more ? Shannons seems to think the originality of this car plus Gemini Blue contributed to the price but I feel those comments suit their Auction sales argument for future sales.

My take out of this online auction was the Ferrari 365 GT4 2+2 was a steal at $105,000. This is a classic front engine V12 and a definite collectors car.

[reedminor]

No sellers remorse - Im comfortable with my decision and the price I got.....

Im on the hunt for the SWB's replacement now

Not sure if this now constitutes the market for early cars - or not, only time will tell.

JR

[e72phil]

The grapevine has told me this car spent 3 years and drove 40,000 miles in the UK before heading out to Australia. At this mileage, it surely was driven in winter in snow and on salted roads so tin worm could well be present in many places for quite some time. I heard the underside of the car was pretty average from someone who was able to inspect it before stage 4 lockdown started. No doubt more info will emerge as the car sees the light of day after such a long storage.

[silbere]

The Shannons vehicle report did state surface rust around front pan and left tie rod .

Maybe battery boxes above gave way a bit , you would need to change them out a couple of times over that period, otherwise nice car.

Half his luck, I'd be staying home not going into a home though, enjoy

I watched it all the way through,it was annoying that it kept getting 5 minute extensions ,constantly, it was so obvious they could see 300k looming and with two bidders going at it, they could see it too.

I'll certainly be sending one of mine there soon (not Porsche)

[9er]

What do Shannons charge sellers 20 % ?

[e72phil]

I believe Shannons std charge to seller is 11% although this is negotiable for high priced cars, and 5% commission on sale price to buyer. So its not that cheap an exercise.

[e72phil]

I watched it all the way through,it was annoying that it kept getting 5 minute extensions ,constantly, it was so obvious they could see 300k looming and with two bidders going at it, they could see it too.

The 5 minute extensions are automatically built into the software to emulate what might happen at a live auction and give bidders time to make a counter-bid. It probably also allows for international buyers with dodgy internet connections and slow screen refresh. I buy on a Japanese Watch Auction site which restarts the clock for another 10 minutes after last bid is lodged. This also inhibits Auction Snipe bidding so often seen on ebay.

[silbere]

Thanks for the explanation Phil .

[Terminator]

The grapevine has told me this car spent 3 years and drove 40,000 miles in the UK before heading out to Australia. At this mileage, it surely was driven in winter in snow and on salted roads so tin worm could well be present in many places for quite some time. I heard the underside of the car was pretty average from someone who was able to inspect it before stage 4 lockdown started. No doubt more info will emerge as the car sees the light of day after such a long storage.

I am no body expert but have seen a few in my day.

I got to check it out on a hoist and there was some minor flaking of the body deadner at the front of the front torsion bars but nothing that I have not seen before and I would describe the car as in remarkable condition and from what I could see rust free...battery boxes were 100%. Sure there was evidence of age on the removable parts but a blast and repaint would fix all that, the structural part of the body looked pretty damn good to me.

The cool parts were the books, keys and key tags plus all original carpet, seats dash etc etc had quite a bit on non original paint on the exterior though.

I think $325k for this car was crazy, sure it was a time warp of sorts but not $325k worth...except to the new owner and that is all that matters and good luck to him.

[Oldskl60]

I am no body expert but have seen a few in my day.

I got to check it out on a hoist and there was some minor flaking of the body deadner at the front of the front torsion bars but nothing that I have not seen before and I would describe the car as in remarkable condition and from what I could see rust free...battery boxes were 100%. Sure there was evidence of age on the removable parts but a blast and repaint would fix all that, the structural part of the body looked pretty damn good to me.

The cool parts were the books, keys and key tags plus all original carpet, seats dash etc etc had quite a bit on non original paint on the exterior though.

I think $325k for this car was crazy, sure it was a time warp of sorts but not $325k worth...except to the new owner and that is all that matters and good luck to him.

Good summation Clyde, thank you. Seems some things (ie originality via books, og desirable colour, factory interior, factory seating position, factory engine etc) restoration can not correct and it is these that many buyers of the current day desire.

Interesting result!

[FAP911]

I am no body expert but have seen a few in my day.

I got to check it out on a hoist and there was some minor flaking of the body deadner at the front of the front torsion bars but nothing that I have not seen before and I would describe the car as in remarkable condition and from what I could see rust free...battery boxes were 100%. Sure there was evidence of age on the removable parts but a blast and repaint would fix all that, the structural part of the body looked pretty damn good to me.

The cool parts were the books, keys and key tags plus all original carpet, seats dash etc etc had quite a bit on non original paint on the exterior though.

I think $325k for this car was crazy, sure it was a time warp of sorts but not $325k worth...except to the new owner and that is all that matters and good luck to him.

And as I always say Clyde the purchaser may have plenty of money !!!! So $325K relative to their net worth may be paltry! As a kid growing up in Mont Albert it resided at KC Taylor the mechanics on the cnr of Whitehorse Rd & Victoria Ave - Was great to see it resurface