Updated: May 16
PCarMarket.com is selling a 1976 Porsche 911 you don’t see too often; a 1976 Porsche 911 with a small block V-8 as the power plant. It seems to be a well-done conversion but how do you put a price on it?
This V-8 powered Porsche was created, so there is probably more than one person who wants this type of power plant conversion. Based on the fact Renegade Hybrids exist who specialize in these conversions, there are more people looking for a V-8 powered 911 than I was aware of.
The particular model up for auction was converted by Renegade Hybrids in 2013 and was outfitted with a custom built 383ci small block Chevrolet engine that has been dyno tested at 376 HP and 461 lb-ft of torque. The rear wheels are driven by a rebuilt Porsche 915 5-speed manual transmission with a short shift kit. This car has just over 1,000 miles on its newly installed motor.
At the time of the engine swap this 911 underwent a bare metal respray in Crystal Red. It was originally built as a show car inspired by the Porsche 964 with revised front bumper and rear spoiler. It also features rare 18” 3-piece BBS wheels.
The owner states they are selling to make room for a new Corvette C8 so they are clearly lovers of Chevrolet V-8 powered vehicles.
Value of a V-8 Powered Porsche 911
The median price for a 1976 Porsche 911 Coupe is $46,500. This Porsche currently has a bid of $10,911 with three days left in the auction.
The big question is: is there a buyer out there for such a modified 911? I was once told by a Real Estate Agent that there is a buyer for every house, you just have to get the price right. The same is true for a car.
I don’t believe the owner of this car will get their money out of the car assuming they paid close to what was put into the car (based on the comments section, it does not appear that the current seller is the one that spent the money on the conversion.)
I think this car will not reach the median value of proper 911SC’s. I suspect it will climb to $30,000 and not reach its reserve price. I imagine the seller is looking for $50,000 but I think to move this car out of his garage he will have to settle for $35,000.
We’ll watch this one to see how the story unfolds...
NOTE: The Porsche is still for sale in the PCar Market Deal Tank having stalled at a price of $42,000 - apparently it didn't meet its reserve.
The 42 Comments Generated about the Car on Facebook Porsche Restomod Page
PCarMarket Auction Listing: https://www.pcarmarket.com/auction/1976-porsche-911-s-v8-conversion/
Rengade Hybrids: http://www.renegadehybrids.com/
Tags: Porsche 911 Restomod, Porsche 911 V8