- Stuttgart Market Letter
- Posts
- 1969 911E Targa 5-Speed
1969 911E Targa 5-Speed
The right car, but the wrong engine

The 1969 911E replaced the short-lived 911L and slotted neatly between the entry-level 911T and the high-strung 911S, offering a more refined, torque-focused driving experience. That model year also introduced a 57 mm wheelbase extension, improving high-speed stability and overall balance. Power came from a 2.0-liter flat-six equipped with Bosch mechanical fuel injection, producing 140 horsepower and delivering smoother response than the carbureted T. With a lightweight magnesium engine case, twin-battery setup for improved weight distribution, and standard ventilated disc brakes, the 911E struck an ideal balance between performance and usability.
This 1969 911E Targa 5-Speed was originally delivered in Metallic Blue but was stripped to bare metal, mounted to a rotisserie, and repainted Metallic Gold during a 2013 refurbishment. It features a Black leatherette interior and is powered by a replacement 2.0-liter flat-six sourced from a US-market 1969 911T, installed in 2021 with Weber carburetors, refreshed throttle linkage, sorted wiring, and new heat exchangers. The suspension was overhauled in 2014 with Bilstein shocks and Elephant Racing polyurethane bushings, the brakes were rebuilt, and the torsion bars adjusted to achieve a lower stance.
Over the past twelve months, 1969 911E Targa values have averaged $84,600, with a low of $17,500 and a high of $162,000 set by a well-sorted Silver example retaining its original engine, enlarged to 2.2 liters, and benefiting from extensive work. Our Spotlight car last sold in 2022 for $99,000 and later failed to sell at $72,411 in October 2024. This time around, it sold at a final bid of $76,000, and even with the 911T-sourced engine, I expected it to at least clear the average. Well bought.
To read the FULL Stuttgart Market Letter, with Noteworthy Sales (and No Sales), New Listings, and a full rundown of every Porsche sold today, subscribe below.