The Seller Wants Newly Restored Money For This Driver '67 911S Targa

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THE MARKET

Sell-Through Rate: 79%
Market Volume ($): $1,118,326
Market Volume (Units): 28

TOP SALES

2019 Porsche 911 Targa 4 GTS $177,000 Bring a Trailer
1965 Porsche 356SC Coupe $126,000 Bring a Trailer
2019 Porsche 911 Carrera T $125,000 Bring a Trailer
1970 Porsche 911T 2.7L $100,000 Bring a Trailer
2021 Porsche 911 Coupe $98,000 PCARMARKET

SPOTLIGHT

1967 was a year of firsts for Porsche’s 911. It was the first year with the more powerful 911S variant producing 160 hp and riding on the infamous alloy wheels from Fuchs. It was also the introduction of the Targa with its removable roof panel and plastic rear window allowing open-air cruising. With only 483 1967 911S Targas produced, these cars are very rare and desirable.

Because they are so rare, we’ve only seen a handful come to auction over the last five years with a particularly low sell-through rate of 37% and a number of examples running multiple times without selling. Of the cars that have changed hands, the gamut runs wide with a low of $120,000 all the way to a high of $428,000. As you would guess, the condition is everything.

Today’s Spotlight car, this 1967 911S Targa was imported into the US in 1977 and went through a restoration in the early ‘80s. The car was finished in Light Yellow with a black interior and the engine was rebuilt by Stoddard Porsche. Many years and 40,000 miles later the seller has kept up with maintenance but the age of the restoration is showing. This example would make a great driver as-is but would need a bit of money to win on the Concours lawn.

The car went unsold yesterday at a high bid of $160,000 which is about in line with a number of bids and a recent EU sale for driver-quality cars. It appears the seller wants a whole lot more though as they have it listed in PCARMARKET’s Deal Tank for $250,000, which is much closer to the bottom end of the recently restored market. Maybe we’ll see it run again with another 40,000 miles down the road.

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