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woywitka's Avatar
 
Join Date: Feb 2010
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Considering the purchase of a Porsche 930 help appreciated

Hello guys. I finally got some pics of a 930 I have been considering to purchase. After months of contemplation I can't stop thinking about it. I certainly don't need such a car , but the price seems like it could be good and the story behind the car is the best. I'm dealing with the original owner who bought the car brand new in 1981. He's retired now at 70 and wants to travel with his wife.

The car is a 1981 Canadian delivered (non grey market 930). 205,000kms (127,000miles). All original paint, interior, headliner, he claims to have only replaced the windshield. No accidents.

The bad: Not driven much since 2008. Leaks oil, wet engine and drips in the garage (see pics). Engine has never been apart. Only clutch and brakes and tires have ever been touched, everything else is ORIGINAL. The owner spent very little in his 33 years of stewardship. The car has some small rust spots with one tiny hole at the base of the B pillar. The leather dash is coming apart.

I'm test driving it tomorrow.

Thoughts please!

AND

Any idea on how much I should offer to pay? What is fair? Is it a $40K car, $45k? $50K? less? More?

The guy will not deal with people prodding the car, I was referred to the car, and being experienced with an SC for 4 years, he feels very good about having me enjoy the car. He's declined to sell it over the last few years to other people, I know this because my friend who has known about the car for some time has told me. I feel very good about it and really enjoyed the hours of conversation, photo albums of trips him and his wife took in the car etc. He drove the car mostly freeway to his work 35km each way for many years 4am to work, came home at 9pm kind of thing. He claims to have only done the brakes and tires twice.

How would you approach such a car? Do you think it is a time bomb of issues and you would stick with an SC and forget about it? I will need to sell my very reliable and dear SC to finance this unfortunately

Thanks in advance












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1978 911 SC Targa
1975 914 1.8
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Last edited by woywitka; 10-04-2014 at 03:41 PM..
Old 10-04-2014, 03:38 PM
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3 restos WIP = psycho
 
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Sport seats, great color... Go, go, go!!!
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Old 10-04-2014, 03:42 PM
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more pics


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1980 Mercedes 300 SD
Old 10-04-2014, 03:47 PM
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930's are just as reliable as SC's anyway so once you give her a service she will be fine,
Take her for a drive if she sounds and starts then its easy price anything up to $90k 100k 130k sell the wife, rob a bank... If engine and Vin numbers match, start low complain about it not being driven, you have to do lots of work that sort of thing, leaking oil etc... start with 30k he might be dum

Last edited by Robbbyg; 10-04-2014 at 04:06 PM..
Old 10-04-2014, 04:00 PM
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Quote:
Originally Posted by Robbbyg View Post
IF numbers match (engine and Vin) keep offering higher until he says yes!
Would $40K be a good deal? Is $50K paying too much?
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1978 911 SC Targa
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1980 Mercedes 300 SD
Old 10-04-2014, 04:05 PM
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40k is great
90k is not too much if engine and vin match,

start low 30k?complain about oil ..you could get lucky
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Old 10-04-2014, 04:08 PM
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Lots of people are buying these just to strip out and sell in parts these days due to skyrocketing prices,

In Europe a CDI box sells for $2000
a throttle body $1000
to give you perspective
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Old 10-04-2014, 04:10 PM
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Ito would be very interesting to know numbers of a compression test on this car as engine has never been apart,
Old 10-04-2014, 04:12 PM
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Old 10-04-2014, 04:23 PM
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Old 10-04-2014, 04:59 PM
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I'll say this: a 33 year old car that has sat for at least the last 6 years is going to need attention.
Wheel bearings, dried out suspension bushings, leaks, brakes hoses and maybe sticky calipers that sort of thing. Maybe some of the fuel head / CIS stuff too. And with 127k and never been apart, you probably desperately need exhaust valve guides and might have some tired syncro's in the trans.
So value questions aside, it's going to need some TLC.

But it looks like a great car. These cars have jumped up in value no doubt.Since you mentioned you'd have to sell the NA 911 to get to the 930, the money is not a non-issue. Be prepared that you might need to have about $15k within easy reach while you sort the car out depending on how much you can DIY. Regardless of the fact that the market has risen on these, like a home's value, you don't realize that value unless you sell it. A car bought for $30k might need $15k if you plan to keep it... regardless if you could sell it for $50k.
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1986 930, 1969 Mach1, 2003 540 Sport, 2016 R1200RS
Old 10-04-2014, 05:02 PM
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That "small" rust hole under the B piller is at least 5 times bigger where you can't see it.
Those rust locations are usually caused by crap like salty dirt, slush, and snow thrown up by the left rear tire on the other side in the fender well. The door jam scratch may be from somebody slamming the door shut on the seat belt buckle.
The motor is a mess and needs a lot of work at that mileage and it has oil all over it. At least that reduces the amount of aluminum corrosion...
I know auto restoration well. I used to do it for a living on old Porsches.
At least the entire 911 chassis is dipped and galvanized after '76.

With the amount and high cost of work that car needs at that mileage it isn't worth more than 25 grand. It will need at least that much more into it and the process can be a long and expensive nightmare.
You have gotten other opinions from people that know absolutely nothing about the work it needs or how to properly do it.
Old 10-04-2014, 05:16 PM
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40-55k max would be an ok price. As jim mentioned it needs work. A ppi is a waste of time IMO, you know it leaks and will eventually need a rebuild (they all do). If you hesitate, the next guy in line won't.

Last edited by Tt surgeon; 10-04-2014 at 05:26 PM..
Old 10-04-2014, 05:24 PM
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Buy mine! I have an '83 930 for sale! Still figuring out pricing.... 229k miles and it sat for 7 years up until a few weeks ago... Just spent $3k on it and it is running now. Burning oil but still running. Obviously needs some more work done
Old 10-04-2014, 05:28 PM
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3 restos WIP = psycho
 
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Agree with Jim. That motor will need to come apart at least to the heads...which in the case of my car, snowballed into a complete tear down, rebuild and slippery slope into a 400HP+ rebuild. And yes, that rust and paint will cost your $5K unless your can do it yourself AND if you don't find more. Be wary, as if you're not a DIY guy, $25K in pocket, post acquisition could be on the low side. I'd still pay $35k for this car and feel GREAT about it.
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Old 10-04-2014, 06:40 PM
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The rust looks nasty. It will have perforated the metal and will make you nauseous.
Check the headlight buckets, just undo the screw at the bottom, pull off the ring and peek inside behind the headlight for more rust.
Maybe also check the sunroof drains. Talk to whoever will be repairing this about what it might cost to repair. Costs on neglected cars can be a big surprise.

That said, the color is terrific. You don't realize it but you do actually need a 930.
Old 10-04-2014, 09:28 PM
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3 restos WIP = psycho
 
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Once you come to realize that the SC is simply training wheels for a 930, you'll make peace with letting it go.
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Old 10-04-2014, 10:45 PM
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I would agree with Jim. That car needs about $25K in repairs or somewhat less if you do it yourself. If you do it yourself it will take tae a very long time unless you are retired. I just restored my 1976 930. I thought it was a three or four month project, it took me 18 months and three times the amount of money I had originally anticipated.

I hope you get the 930 and get a good deal. It sounds like the original owner really loves his car. In your negotiations I would have all the restoration challenges listed out their price your local shops will charge you to do it. I think the original owner will appreciate selling his car for a lower price if he knows the money will go to restoring his baby.

Best of luck,

Rahl
Old 10-05-2014, 06:38 AM
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A lot have been said and they are pretty precise in what to be careful with.
- Front suspension under pivot points, where the front A-arm anchors to the body : good place to look for rust, all cars that saw some winters or have been driven in the rain rust there. If there is indeed rust, youl'll probably have to change the whole front under-frame plates. Around $2500-3000
- Rust on the car : GET a good inspection from a honest body repair shop to see the extent of the damage.
- Engine leaks :again, GET a good mechanic to inspect the car, try to find someone who is used to work on these cars to give you the most realistic report.

I found mine a few years ago and she was in better shape that what I can see in the pictures.
After $7000 investment on it, she now runs like a tiger. Still have a little body work to do but nothing major, mostly esthetic. She's had a little above 100 000km and some work needed ($7k), I managed to negociate with the owner something around $30k.

My advice : Start by asking the seller the price he's figured out. Then get some good and reliable inspections from trusty shops. From there, you'll be able to figure out how much you will have to pull out for such a car and you'll be in a good position to deal with the seller with the inspection reports in hand.

Then, you'll have a clear idea if it's worth the shot or not. Just be well informed before you start to talk numbers.

Yes, it's a nice 930.........but they're not ALL good investments.

Do your homework well and keep us updated on your process, I'll keep a good bottle of wine on the side and if all works out for you, I'll drink to your good fortune from the other side of the country.

Good luck and keep us informed.

Martin

Last edited by Praetorian930; 10-05-2014 at 07:33 AM..
Old 10-05-2014, 06:50 AM
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Casablanca Beige! My favorite color.

Personally I would be afraid to get into the car for anything over 35k - given the high miles and considerable amount of immediate attention it would require.

Old 10-05-2014, 07:30 AM
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