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Banned
Join Date: Sep 2006
Location: South of Heaven
Posts: 21,159
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There are several guys that buy and part 928s out for resale to the community. We just lost 6 cars worth of parts. Yeah, i think that sucks.
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Join Date: Jan 2005
Location: Usa
Posts: 5,573
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I spend a fair amount of time in U-pull wrecking yards. The Cash for Clunkers cars are all marked C4C in spray paint. The engines are tagged and often spray painted as well to make it REALLY obvious. It is an absolute travesty what wound up scrapped. One example that really pops out in my mind was a very nice Northstar equipped Cadillac two-door that had been for sale in our neighborbood. Very nice car, glossy paint, good interior, etc. It had been for sale for $5,500. You guessed it, the ownerdumped it for a C4C... The number of Jeep Cherokees, Ford Explorers (good riddance) and assorted asian SUV's taken off the road under this program was phenomenal. A real mecca for us U-pullers if that's a vehicle you needed parts from. Most of them are cycling the inventory through every 2 or 3 weeks, so it pays to go back. They don't stick around long. Go to the crusher real quick after that. The bad part is that I don't think I've seen a single C4C that was more of a whoop-dee than the Pathfinder I drive every day. Sad that mine is on the road and that much nicer examples were sacrificed under this program. angela
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Hello http://forums.pelicanparts.com/off-topic-discussions/1102514-we-lost-amazing-woman-yesterday.html |
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Amazing that people that couldn't afford a new car decided to "clunk" their paid off cars for a high interest loan on a Suzuki or a Prius. If I follow this cycle, which I am, I'm starting to buy C4C repos to sell back. It's astounding what people will do to "fell" better about things. Jeep Grand Cherokees, LR Discoverys, Ford Expodtions, all selling now. In the end it's all money to me. ![]()
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2021 Model Y 2005 Cayenne Turbo 2012 Panamera 4S 1980 911 SC 1999 996 Cab |
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I'd agree with that. And then I'd yawn widely. Sorry, a 1992-ish Mercedes 500E is not "very rare and desirable", not when I can go online and find them advertised in "excellent" condition for as little as $9K. What's the value of the most clapped-out 1992 500E still registered? I just don't see why anyone is supposed to be "crying" over that.
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1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211 What? Uh . . . “he” and “him”? Last edited by jyl; 01-09-2010 at 05:34 PM.. |
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It obviously wasn't worth $5,500. It probably wasn't worth $4,000. It could probably have been sitting in your driveway for $3,500.
One lesson in all this is: at the depths of a severe recession, most of our cars aren't worth squat. 99% of all cars are not investments, don't hold value, barely deserve being called "assets". That Cadillac owner probably thought his car was worth something, and got a rude awakening. Of course, I think the era when Cadillacs were anything special ended quite a long time ago. Quote:
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1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211 What? Uh . . . “he” and “him”? |
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Team California
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Exactly. POS/high miles/salvaged/etc. 1992 500Es were being scrapped before c4c, or had gone down the used car food chain to the point where they were owned in the ghettos of America and treated as such. Same w/ most 928s, hell, most 911s are past the point where any serious car person would want to own them. As for the parts supply, the ratio of 928 parts cars to driven cars remains at an all-time high.
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Denis The only thing remotely likable about Charlie Kirk was that he was a 1A guy. Think about that one. |
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Team California
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No evidence of over-heating in past. Clean oil history per view inside VC thru oil cap. If car passes compression test w/ perfect score, (or damn close), I'll pick it up and fix/drive it. Price? Drum roll........ $200 USD. ![]()
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Denis The only thing remotely likable about Charlie Kirk was that he was a 1A guy. Think about that one. |
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Now wait just a minute, now you're getting too close to home :-)
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1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211 What? Uh . . . “he” and “him”? |
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Did you get the memo?
Join Date: Mar 2003
Location: Wichita, KS
Posts: 32,331
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Do you understand the significance of the 500E? I very seriously doubt that you will find many in the ghetto. It's also very difficult to find a decent one for under $10k. There's one in Denver that's a steal right now that's very tempting. Who likes the idea of a rare 326 HP sedan that was hand-built by Porsche being scrapped?
It's sad with the rare and interesting cars because those parts could have been used to keep the nice cars running. There aren't exactly a lot of DB7, 500E, 928 S4, etc out there. Obviously for the owners they felt that it was the best financial decision, but my guess is it was largely due to laziness.
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‘07 Mazda RX8-8 Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc |
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Join Date: Nov 2004
Location: Charleston, SC
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Just from looking at the parts side of it, I could see how CFC would annoy a 928 owner when they see that model on the list probably because they've paid enough for small parts before that were probably good on the CFC cars, which were wasted. The little stuff was what I've spent the most time and effort tracking down anyway.
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'87 924S (Sold) |
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John D. 82 911 SC Targa-Rosewood 2012 Golf TDI |
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'87 924S (Sold) |
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Location: Houston
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Did not realize that this post was going to veer off the road with JYL and Speeder's replies, everyone is entitled to their opinion.
Matt gets it ![]() Yasin
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Ole Skool - wouldn't have it any other way |
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Team California
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I understand exactly what a 500E was in 1992 but disagree about their significance in car history. MB now offers a much better V-8 in the regular E-class plus the AMG variants of every body style. New E550s are a dime a dozen in my neighborhood. Better engine, better chassis and still 100% disposable 15 years from now.
Still, to trade one in for c4c would be stupid unless it was a real POS. Either a salvage/flood/300k mile car or one that was hit so hard that it goes down the road sideways after being "fixed".
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Denis The only thing remotely likable about Charlie Kirk was that he was a 1A guy. Think about that one. Last edited by speeder; 01-10-2010 at 07:29 AM.. |
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Driver
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Well, count me as another fan of the 500E. That was the factory Hammer, IMO. For the record, if anyone wants to give one of those away (or a 300 SEL 6.3 or an E30 M3), I'll be happy to take it. I realize modern variants are invariably "better," but that's not entirely the point for some of us. At the same time, one does have to wonder in how bad condition were those cars in the OP that they were worth terminating in the C4C program?
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1987 Venetian Blue (looks like grey) 930 Coupe 1990 Black 964 C2 Targa Last edited by Noah930; 01-10-2010 at 07:42 AM.. |
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Location: Cambridge, MA
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The focus shouldn't be on the cars, rather the owners. Maybe there should have been 2 kinds of counseling booths stationed at each dealership:
Financial: can you really afford the new car you are buying? Car Guy: dude, you can't trade in that XYZ, I don't care if it needs $6000 worth of work, it's a cool car and a piece of automotive history. Clearly, we need more people telling other people how to live. oh the humanity.
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Tru6 Restoration & Design |
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I'd take any of the cars mentioned, if only because they're better (and in some cases better and newer) than my other half's daily driver. Guess that's a byproduct of both of us going to school :\
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'87 924S (Sold) |
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The problem is not so much that the folks were able to turn them in as "cash for clunkers"...but rather the rules requiring their destruction. They could have just as easily required salvage titles and sold them for a few more bucks to the parts yards with intact engines.
I was tempted to turn in my '98 F-100 as it would have very painlessly brought me about $1000 more than I could sell it for...but 1) did not want to spend the money on any new car...and 2) thought it was stupid to destroy a good vehicle to appease the liberal "Gods" intent upon deciding what type of vehicles Americans own.
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74 Targa 3.0, 89 Carrera, 04 Cayenne Turbo http://www.pelicanparts.com/gallery/fintstone/ "The problem with socialism is that you eventually run out of other people's money" Some are born free. Some have freedom thrust upon them. Others simply surrender Last edited by fintstone; 01-10-2010 at 08:46 AM.. |
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Did you get the memo?
Join Date: Mar 2003
Location: Wichita, KS
Posts: 32,331
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‘07 Mazda RX8-8 Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc |
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Banned
Join Date: Sep 2006
Location: South of Heaven
Posts: 21,159
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