1977 Porsche a Staple in Lives of Local Investment Banker and His Daughter Since They Bought It New Decades Ago

1977 Porsche.
Image via iStock.
A 1977 Porsche 911.

A 1977 Porsche 930 Turbo has been a staple in the lives of Paul Mudrick, a Bala Cynwyd-based investment banker, and his daughter, Lisa Cavanaugh, a software industry executive, who bonded over the car from the first moment it arrived in their garage four decades ago, writes A.J. Baime for The Wall Street Journal.

“I still have the bill of sale: $27,008,” said Mudrick. “At that time, it was one of the most expensive cars you could buy.”

The car was too fast to be driven daily, so the family only used it on special occasions. Cavanaugh even got to drive it when she turned 16.

“I have great memories of driving with my dad,” she said.

In 2000, Mudrick gifted the car to his daughter.

“Even though it is decades old, the 930 Turbo is in perfect shape and is all original,” he said.

Now, Cavanaugh is introducing her daughter to the car.

“When my daughter Brooke turned 16, I took her to a parking lot, and she drove the Turbo for the first time,” she said. “It brought back so many memories for me.”

Read more about the Porsche in The Wall Street Journal.

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