'71 Porsche 911T Price Update

Good Morning! It was a good weekend to be selling a ‘70s 911T on Bring a Trailer as our top two cars suggest. Even more so if you’re car had “patina” as you’ll read in our Spotlight below.

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THE MARKET

Sell-Through Rate: 82%
Market Volume ($): $961,849
Market Volume (Units): 17

• Strong weekend results with a sell-through rate of over 80% and almost $1m in sales. We’ve got a busy week ahead as we hit the mid-month stride.

TOP SALES

1971 Porsche 911T Coupe $171,911 Bring a Trailer
1973 Porsche 911T Targa $106,911 Bring a Trailer
2020 Porsche 718 Cayman GT4 6sp $100,500 Bring a Trailer
2017 Porsche 911 C2S Coupe $99,500 Bring a Trailer
1985 Porsche 911 Coupe $85,500 Bring a Trailer

SPOTLIGHT

In the world of car auctions, sometimes prices paid for certain examples just defy logic. Such is the case for this 1971 911T Coupe that sold Saturday on Bring a Trailer for… we’ll get to that. But first, a bit about the car.

Our Spotlight car is a single-family-owned car that was sold by the late spouse of the original owner to settle the estate. The car is an original survivor finished in Albert Blue over Black but it is far from a preservation class candidate as the body shows 50 years of dents, chips, cracking, fading, and scratches. Inside, the dash is cracked, the driver’s seat upholstery is torn, and the map pockets are missing.

Now I’m not stating all of that to pile on the car, I’d love to own this survivor and drive the snot out of it as it is presented as mechanically sound with its most recent service carried out in 2020. This is a great car with great history and a beautiful patina. But as far as early 911s go, 70-71 T Coupes aren’t on the top of the pecking order.

That’s because they made a ton of them. Over 13,000 to be exact which is more than any other variant of the pre-fed bumper cars. Average auction prices are a little over $78,000 which is pretty spot on with the median book value. You can buy a project car for around $40k and fully restored #1 concours quality examples for around $130,000.

So for this example to sell for $171,911 just, just, well… I just don’t know. It’s not worth restoring, and it’s far from a preservation class example. While the patina looks great, it’s not going to get any better from here. The new owner will no doubt enjoy the car, but they could have gotten more enjoyment from other variants for the price paid here. Maybe they are just ‘71 911T enthusiasts. Well sold.

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