If the BMW E30 market has been crazy over the past few years in terms of appreciation, it’s really nothing compared to the Porsche 911 market. From cars that were worth between $50,000 to $75,000 not many years ago, suddenly we see early 911s worth triple or four times that amount. Make that car a special model, such as a 73 RS, and you’re looking at a top value around $800,000 and climbing; around $650,000 more than it would set you back only 7 years ago. This has resulted in many other models of the 911 being pulled up, and one of the more recent special models that has continued to have a strong market following is the Speedster model. However, does that increased value get boosted or negated when you look at a modified version of the original – a car like this Strosek wide body version of the 1994 Speedster:
CLICK FOR DETAILS: 1994 Porsche 911 Carrera Strosek Speedster on eBay
Year: 1994
Model: 911 Strosek Mega Widebody Speedster
Engine: 3.6 liter flat-6
Transmission: 5-speed manual
Mileage: 23,168 mi
Price: $159,888 Buy It Now
Exotic Motors Midwest is Pleased to Offer this Stunning Original 1994 Porsche 911 Strosek Mega Widebody Speedster finished in Guards Red over a Red Leather Interior. This Strosek Speedster is presented in its original condition with only 23,168 pampered miles. 1 of 8 in the world and 1 of 3 in the U.S. This particular Strosek Speedster was used in Yokohama Tire’s international print ads in 1994, and has been extremely well cared for since new. This vehicle started as an extremely rare Porsche 911 Speedster with its signature shortened front windscreen 2-seat configuration, and beautiful fitted tonneau cover. It was then handed over to Strosek who massaged its fenders to give it a wider more unique stance, along with ployelipsoid headlamps that are molded beautiful into the front fenders. To compliment its wider fenders, a set of 17″ 3-piece modular OZ Racing wheels were fitted along with a set of Yokohama tires, well complimented by custom Strosek suspension. Strosek then added a number of performance enhancements in order to obtain 305 horsepower from its 3.6L air cooled Flat-6. This sound of this beautiful air cooled masterpiece was further enhanced with a Strosek exhaust. The special treatment was not spared on the interior, Strosek installed their custom tachometer, shift lever and brake handle to compliment the already unique speedster interior.
Please call or email Craig Becker for more information and details.
Office: 314-561-9766
Cell: 314-223-4543
Craig@exoticmotorsmidwest.com
The exclusivity probably isn’t what appeals to enthusiasts, and I’ll venture a guess that the looks won’t do it either. The Strosek cars are all about being a bit different than what everyone else has. These are cars that are bought by sports and music stars, cars to be seen in rather than admired for their beauty. Looking a bit like Quasimodo prior to the modifications, the styled front spoiler and squinty lights don’t do much to the profile of the car in my opinion. The red leather is an interesting touch, but probably not for everyone – though I’m not particularly offended by it. What is great are the O.Z. Futura wheels that really make the stance of the car perfect. I’m a bit surprised that the builder didn’t sport for the also-O.Z. made Strosek wheels, but for that we can be glad because the Futuras are much more attractive. Value? Hagerty pegs top value on a Speedster around $80,000 right now, and despite some performance gains and great wheels, for me there isn’t double the value of the original car here.
-Carter
Was never a fan of Strosek’s in the 90’s. Still not today. Give me a stock one anyday…
Hagerty has very realistic valuations on cars, but on the 964 Speedster and RS America, they have fallen behind. Probably, because they have increased in value so fast in a very short time.
Good luck finding a prisitine Speedster for $80,000.
If this were 100% OE its a $150-ish car…maybe $170. The 94s sell for less vs the 89s. Look at the Monterey auction catalogs for next month. Several garage queen 89s on offer all for around $200k.
As is the best use of this car would be to put it back to stock and beg the car for forgiveness.
If I were to make an offer on this car I wouldn’t offer more than $80k knowing that it will need significant body work ($50k all in) and even then the value will take a hit because it was a respray.
I AM looking for a perfect 94…
The headlights are foolish looking.
I always wondered why Strosek put those headlights on their cars? Proof that just because you can doesn’t mean you should. They are rediculously out of proportion to the rest of the car.
Article, Yahoo Autos:
Why air-cooled 911s continue to skyrocket, and the best Porsches to snatch while they’re still cheap:
By Marco R. della Cava
July 25, 2014
Porsche’s now-iconic 911 will be one of the star models at a variety of auctions unfolding during Pebble Beach’s annual Concours d’Elegance week, Aug. 13-17. A glance at Mecum’s catalog alone reveals glossy photos of candy-colored gems from the early ‘70s, including two Carrera RS Tourings and a few late ‘70s 935 IMSA standouts.
Expect the bidding to be fierce and healthy six-figures high, reflecting this air-cooled car’s growing status as a must-have collectible.
“These cars have been undervalued for decades,†says Bruce Canepa, an ex-Porsche racer whose eponymous restoration and sales shop in Scotts Valley, Calif., traffics heavily in pristine air-cooled Porsches. “Even a few years back, you’d show up with a 911 race car at auctions and things might take a bit to heat up. But now it’s Katie-bar-the door time.â€
Canepa has a few explanations for the uptick in 911 values, which extend even to the latest air-cooled iteration of the model, the 1995-1998 993. “Many of them were driven hard and used up, so now if you see one that has modest miles, it’s worth quite a bit,†he says, noting that rarer models such as 993 Turbos, early ‘90s RS Americas and now-legendary late ‘60s 911S are particularly sought after by collectors.
“I recently sold an RS America for $145,000,†says Canepa, astonishment seeping into his voice. No kidding, considering that the same car could have been snapped up a decade back for considerably less than half that amount. “What’s the appeal? Well, Ferraris still live on another planet. But I like to say that 911s are still the best driving real sports cars on the planet.â€
Longtime Porsche magazine editor and enthusiast Pete Stout recently declared himself “astonished†at the creep in 911 prices, pointing out not just how early 911s – which leaped to life out of Porsche’s groundbreaking 356 in 1964 – with the right pedigree have gone up tenfold in value in recent years, but specifically how a 1973 Carrera RS 2.7 fetched $1.4 million at Gooding & Company’s Amelia Island auction this year.
“Are these 911s worth more than a million dollars?†Stout wrote in his editor’s note in the May issue of Panorama, the magazine of the Porsche Club of America. “Is this the sign of a bubble about to burst? While the early 911 market feels like a bubble to me, it has felt like one for years. Yet prices keep climbing.â€
Stout goes on to say that he is “shocked by 911 and 964 Speedsters priced at $200,000, (and) clean 930 Turbos selling for $35,000 to $50,000 a year or two ago are moving toward and exceeding six figures.â€
Keith Martin, longtime publisher of Portland, Ore.-based Sports Car Market newsletter, counsels collectors with a yen and wallet for an early air-cooled car to “skip the early S model, and look for a 911 (E or T) from 1969 to 1973, which will be half the price (of a $200,000 S) but offer 95% of the driving pleasure.â€
Martin is particularly keen on the early and mid-’80s 911 SC, which represented Porsche “becoming a real car; they were comfortable, lasted forever and can still be had for $20,000 to $35,000. After that, the 911 started getting very complicated, with all-wheel-drive and turbos. Those are magnificent cars, but what they can do completely outstrips what you can do with them on the street.â€
Martin’s view of the continuing air-cooled 911 frenzy is that “it is good for the marque, because more people will restore these cars, so there will be more mechanics dedicated to them and more parts. But it’ll be bad for most enthusiasts, because they just won’t be able to afford many of the cars the way they used to.â€
Canepa echoes that dual sentiment. “I think it’s great these cars are being appreciated,†he says, pausing. “But, honestly, some days I wish it wasn’t happening. They’re amazing cars, and I’d hate to see them just turn into show queens.†Editor Stout laments the possibility that “fewer (911s) will be exercised as intended, and many will disappear into collections.â€
Ultimately, Stout’s advice for admirers of the marque is to take a harder look at the company’s more recent water-cooled models, which can offer plenty of fun without the now-exclusive pricing of air-cooled 911s. “Early Boxsters go for as little as $8,000,†he says. “As early 911 prices continue to rise, Porsche’s water-cooled sports cars look even better than ever.â€