Matt Kimberley profile picture Matt Kimberley 3 years ago 35
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This Ultra-Low-Mileage Classic 911 Proves That Porsche Prices Have Gone Too Far

It might have precious few miles under its wheels and a comprehensive restoration in its recent past, but we still don't get why this ordinary 1973 911 S is worth so much

Remind me later
Porsche - This Ultra-Low-Mileage Classic 911 Proves That Porsche Prices Have Gone Too Far - News

Used Porsche 911 prices are well known for being a bit steep, at least when the model in question is something a bit special. Things must be escalating, though: this one isn’t particularly extraordinary but still wields an asking price higher than a brand new 911 Turbo S with options.

It’s a left-hand drive 1973 911 S, with the 2341cc air-cooled engine that was always known as a 2.4, for some odd reason. It’s on eBay UK for a baffling £174,995. The sellers, Fast-Classics, claim that it’s had a full nut-and-bolt restoration from the ground up and now rests in immaculate condition. And the other reason it’s expensive? It has apparently covered just 1464 miles from new.

Porsche - This Ultra-Low-Mileage Classic 911 Proves That Porsche Prices Have Gone Too Far - News

Almost everything on it has been put back to the way Porsche intended, including the classic (and model-correct) Michelin XWX tyres. The engine was fully reconditioned, too.

You can’t really blame French Porsche restorer Special Auto for rebuilding the Becker Europa radio to include an iPod connection, but both that and a change in the style of seats versus the original spec shouldn’t really do any favours to the market value. Originality is a huge deal when it comes to classic car prices, after all, and £174,995 starts to look a bit unrealistic.

Porsche - This Ultra-Low-Mileage Classic 911 Proves That Porsche Prices Have Gone Too Far - News

The reason it has covered so few miles is revealed when you check out its first ‘owner’: Porsche Paris. The car was delivered new to the French capital and, incredibly, stayed there until 2014, although the listing does say it changed hands during that time without it actually leaving the showroom.

It was bought by a Brit in June 2014, at which point it was fully inspected by an expert, adding girth to a history file that’s sadly a little light, despite the full restoration in France. The wizards at Autofarm have been looking after it ever since its arrival in Britain, restoring the last few mistakes back to original spec – apart from the sports seats, which have been left there in place of the standard ones.

Porsche - This Ultra-Low-Mileage Classic 911 Proves That Porsche Prices Have Gone Too Far - News

We really struggle with the price, but the truth is that with 1973 Carrera RS 2.7s selling for upwards of £800,000, this eBay listing is probably fair game. That’s all the more insane, when you think about it.