1968 Porsche 912 for sale $74,500

1968 Porsche 912 $74,500
Car Ad from: Hemmings View Original Ad
Price: $74,500
Contact: View Original Ad from Hemmings
Location: Tualatin, OR
Details: 1968 PORSCHE 912 SOFT WINDOW TARGA FOR SALE

This extremely rare, limited production 1968 Porsche 912 soft window Targa is being offered for the first time in 17 years after a complete restoration. These unique motorcars have tremendous investment potential with skyrocketing increases in value over the past years and they will continue to rise as they become more and more extinct. We are so excited to offer this investment grade, soft window Targa to the sophisticated enthusiast and collector who can appreciate the scarcity of this wonderful classic car.

This gorgeous, chassis and motor numbers matching Porsche has less than 500 miles on a brand new rebuilt motor by Bearing Service Co. It has just over 124,000 miles driven over the course of four owners. The car has been completely rebuilt from the ground up. It has been well documented, meticulously stored and every aspect of the car is new, rebuilt or stringently analyzed, so it runs like new. Dick Elverude of North Plains, OR dynode the motor with 117 pounds torque and 109 horse power. Equipped with upgraded Weber 40 carburetors for better performance, it has new everything, including Pirelli tires, brakes, cylinders, lines, master cylinder, pedal assembly, clutch, bushings and flywheel.

Heckman Thiemann Motor performed motor adjustments, fine tuning, valve adjustments and carburetor tweaking. The car is rust and leak free and it runs and drives great. The heavier, low to the ground body style makes this a touring, corner hugging dream to drive. It has been updated with a five speed transmission. All other mechanicals are stock performance.

The interior is in excellent condition with all new rubber seals, trim, panels, carpet, soft top and comfortable vinyl weave seats. Fuchs alloy wheels, tonneau boot and the original Porsche key in a leather fob pouch top off the uniqueness of this gem. A flawless jamb and body paint job with clear coat/base coat done in Gards red, makes this gorgeous car eye catching as it cruises along. All chrome, decos, bumper guards, lights and side markers are original. No expense has been spared to make this show-quality car stand out as one of the best examples of its kind. The exterior and trim are in concourse condition.

Due to the rarity and excellent condition of this particular model of Porsche and the fact that there are so few remaining, comparable sales are hard to find. Over the last years, they have sold for $79,500, $85,000, $89,750 and $110,000. Back in 2010, they were going for around $60,000. Lately, we have seen advertisements for restorable rust buckets for $54,427, a rusted body with parts for $32,500, another for $71,250 and a prime candidate for restoration for $34,750. This completely restored, ready to drive example of a highly collectible and desirable car will only increase in value as it has steadily over the last few years.

The soft window Targa was only produced in 1967 and 1968, with only soft windows produced the first half of 1968, which makes this automobile even more rare. As of 2012, club listings show that less than 100 are known to exist in the world, so the investment potential is excellent. It isnandrsquo;t known exactly how many are left as of this offer.

In 1966 Porsche introduced the affordable 912 model with essentially the same horizontally opposed four-cylinder engine as the 356 Super 90. Even with the heavier weight of the 912 compared to the 356 Super 90, the 912 reached the same top speed of 115 mph with more stable handling. Production of the 912 ran through 1969 with only 8%, or 2,562 cars being equipped with a Targa top, (Porscheandrsquo;s patented variation of a cabriolet). Production of the Targa, including a removable hood (fits in the trunk) and heavy duty transparent plastic window that opens with a zipper (later called Version I by Porsche and the soft window enthusiasts), started in December 1966 as a 1967 model. The roll bar is

Analysis: Poor Deal, 35.0% above market avg. What's this?