what to pay for a 79 930 project car?

[herman maire]

Sorry guys, no pictures yet.

I came across a 1979 930 project car Motor and transmission were taking out of the car 5-10 years ago for a full respray to another color. The car never got past primer.

So currently the car is in primer, engine+trans ( out of car) , never accidented ect.. , motor supposed to be good but who know after all these years . Lots of unknowns with this car but I am still tempted to make a offer on it.

There asking $14500. I was thinking $10-11000.

I still dont know if all the work will be worth it in the end and it might just be easier to buy a nice clean 930 . I just sold my 993 since after almost 2 years with it, I did not connect with it AT ALL.... I see 993's in the street now and I cringe .
I like my old school pcar's what can I say.

Appreciate all replys.

[A930Rocket]

$14,500? No way with paint and an unknown engine.

Paint and body work can be $5K plus. An engine re-build can be $10-15K easily depending on what you do yourself and how far you go.

Anything else needed is just going to rack up the price quicker. And their will be a lot of unknowns.

[RarlyL8]

This could be very expensive to get on the road. Some parts probably missing by now, other parts deteriorated from age and neglect. Too many potentially expensive unknowns.
If you are not looking for a project for project's sake I would walk away at any price. A nice running car can be had for $20K right now. I see at least $40K getting a project like that on the road. Been there, done that, will likely never do it agian. I'd rather buy a running car and restore it as you know what you are starting with.
To directly answer your question; if you have done this before and are very mechanically inclined then a $10K purchase price will allow you to sell off the parts and recoup the cash should you get into a show stopper situation.

[DDDD]

Originally Posted by A930Rocket

$14,500? No way with paint and an unknown engine.

Paint and body work can be $5K plus. An engine re-build can be $10-15K easily depending on what you do yourself and how far you go.

Anything else needed is just going to rack up the price quicker. And their will be a lot of unknowns.

+1

You are talking about a money pit. You will get sick of it before you ever finish, IMO...

[Turboo934]

Cheaper to buy a complete 930 lots of them out there, margin call. Always buy a complete car even to restore, the little stuff will break you.

[carrera turbo]

is this the same 79 from another thread "what would you pay for this car".

sounds allot like the other car sitting in the snow guy wants same money.

these guys are right it is cheaper to buy a complete car. i still find myself attracted to these kinda deals as i really like the hunt for the parts and enjoy the build. i know that buying cars like these are a bad deal. but i still do it and enjoy putting them back on the road. i bought a car last year that i really didn't need or want, but the guy was going to take a 75 sporto and convert to a standard. there where only 135 targa sportos built that year. so i thought i would save this car from being changed in the end i know have a really nice car no one else really wants. but put it back on the road and enjoyed my time doing it. so if you want to really learn how a porsche is put together then buy a basket case and go for it. just remember the basket is always missing bits. so be prepared to hunt around for the right parts and don't put a finish time on the car or it will double your budget due to needing the part now.

good luck on your decision

cheers ed

[herman maire]

Guys thanks for all the opinions and advice. You all pretty much confirm what my gut tells
me- which is to run away as fast as I can and that its not worth the headache.

I sent the seller a offer of $9500 yesterday.... but after reading all the replies I dont even know if I want to bother with the car at that price.

One thing that bothers me is that even if I repaint the car... the paint quality is NEVER as good as a factory job. The repaints I have had/been around always seem to chip so darn easy and theres always signs of a respray or a piece of dust in the clear which really bothers me at the end of the day.

I dont even think I am interested anymore.

Thanks again

[DDDD]

Originally Posted by herman maire

Guys thanks for all the opinions and advice. You all pretty much confirm what my gut tells
me- which is to run away as fast as I can and that its not worth the headache.

I sent the seller a offer of $9500 yesterday.... but after reading all the replies I dont even know if I want to bother with the car at that price.

One thing that bothers me is that even if I repaint the car... the paint quality is NEVER as good as a factory job. The repaints I have had/been around always seem to chip so darn easy and theres always signs of a respray or a piece of dust in the clear which really bothers me at the end of the day.

I dont even think I am interested anymore.

Thanks again

The price of a really good paint job (10 grand at least) more than doubles your cost and puts you well into the territory where you can buy a clean 930, before you ever touch the first mechanical item on this car.

This car IMO has literally 'negative' value in this economy. It does get to the point where the parts are far more expensive than the car value itself.

I would pay $1500 for a project like this, and have a Midas paint job and never install any of the interior or anything on the car and just put a 3.2 normally aspirated engine in it and take it to the track. There is no other use for this car.

When you are done sinking money into it nobody will buy it either because it ain't original.

[osiris2600]

dude.. read my thread.. it's the same guy.....

How much would you pay..

I offered him 3k and he told me to take a walk.

[onboost]

Originally Posted by herman maire

Guys thanks for all the opinions and advice. You all pretty much confirm what my gut tells
me- which is to run away as fast as I can and that its not worth the headache.

One thing that bothers me is that even if I repaint the car... the paint quality is NEVER as good as a factory job. The repaints I have had/been around always seem to chip so darn easy and theres always signs of a respray or a piece of dust in the clear which really bothers me at the end of the day.

Couple of things here...

In my opinion RarlyL8 was spot on in his assessment!

As far as the comment about paint jobs.. a lot of that has to do with who's painting it, as well as both the quality of the prep and the products used.

- A piece of dust in the clear can easily be wet sanded and buffed.. also, if the prep is done right, the chemicals are what they should be, and the paint has cured properly.. a re-paint is just as good and in some cases better than the factory finish.

- And as far as the $10K quote.. I love it that some of these painters can get that for a paint job. The only way a paint job should run that much for a Porsche is if it includes full disassembly and reassembly. Meaning you did not bring them a shell.

Oh, but hey... I'm way off topic here, sorry! Uhhh, any picsa of this car?

Oh, and as carrera turbo said; if it's the same 79 from another thread "what would you pay for this car". Then Run Forrest run!

[herman maire]

Originally Posted by osiris2600

dude.. read my thread.. it's the same guy.....

How much would you pay..

I offered him 3k and he told me to take a walk.

Daaaaaaamn . I still have not seen any pictures of the car I am looking at but it could very well be the same car. If it is the same car I would not even consider this car, I already have enough problems .

Can you tell me where this car you were looking at is located? The car I am looking into is in Illinois or michigan I forget exactly right now. From the pictures it looks to be in the north.

Thanks again for all the replies.

[osiris2600]

Originally Posted by herman maire

Daaaaaaamn . I still have not seen any pictures of the car I am looking at but it could very well be the same car. If it is the same car I would not even consider this car, I already have enough problems .

Can you tell me where this car you were looking at is located? The car I am looking into is in Illinois or michigan I forget exactly right now. From the pictures it looks to be in the north.

Thanks again for all the replies.

yep same car. Don't even bother with this guy unless he's selling the car for less then 4k. The engine is in pieces and god knows whats missing. You will spend way too much time trying to figure out whats missing from that car.

p.s. Your better off buying this http://maine.craigslist.org/cto/1248678016.html offer him 25k cash and he'll probably take it. You will spend way more then 25k + headache if you buy that guys car.

p.p.s or even this http://orangecounty.craigslist.org/cto/1221950641.html i'd offer 18k, he might take 20k. All better choices then that piece of ***** in a barn.

[herman maire]

Osiris2600,

Thanks for you the link. I was looking on ebay and I saw a nice 1984 930 sell for $18k which seems like a decent deal. Just for fun, heres the reply from the guy after I offered him $10-11,000 as long as the car was in the condition he described -


Hello,

Everything in your e-mail reguarding the condition is correct with the exception of some of the interior parts like carpet and rear seats are only in fair to poor condition due to storage in less than ideal conditions.
Re pricing, I contacted a large Porsche salvage yard in California and you have been outbid, AND as they plan to resell the parts at profit I think it is fair to say you undervalued the car. -Ben

[osiris2600]

Originally Posted by herman maire

Osiris2600,

Thanks for you the link. I was looking on ebay and I saw a nice 1984 930 sell for $18k which seems like a decent deal. Just for fun, heres the reply from the guy after I offered him $10-11,000 as long as the car was in the condition he described -


Hello,

Everything in your e-mail reguarding the condition is correct with the exception of some of the interior parts like carpet and rear seats are only in fair to poor condition due to storage in less than ideal conditions.
Re pricing, I contacted a large Porsche salvage yard in California and you have been outbid, AND as they plan to resell the parts at profit I think it is fair to say you undervalued the car. -Ben

He might be talking about these guys. http://911pcar.com but i honestly don't see them paying that much for that car. I think he is bs'ing you. When I emailed him he told me that someone offered him 14k, but now he supposedly selling to a junk yard? There is no way a junkyard would look at that pile and plan to make a profit.

Anyways more power to him...

[A930Rocket]

A salvage yard would give him $2-3K max if they bothered with him at all. They buy most of their cars from the insurance sales, not goobers like this guy.

He's smoking some crack...