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Uh Oh, this could be a problem
My friend retired and moved to Florida. He left behind a 1987 Carrera that he wants to sell me. 190k miles, convertible, well maintained, nice car. $22k. I don't need another car, but that sounds too good to pass up. What say you all?
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Wow, unless it's broken, someone will have a steal and probably just flip it. Aren't those going for $35-50k these days. Sheesh, I'd buy it if i had the "spare" $22k laying around collecting dust.
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Missing your friend could indeed be a problem but you can always take a drive down in your new 87 Carrera to visit him.
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If it's not rusty and runs okay, passes a ppi I would say you should gopherit.....
What could possibly go wrong?:) |
Has there been a top end along the way? At 190k that could be your main risk. Assuming all is right with the car, I'd say you just acquired a new toy. Have fun with it for a bit and when you get bored, clear an easy $10k profit.
All good. |
Easy decision. Write the check.
Clean it up and flip it. If you feel guilt about profiting in that manner donate the profit to a charity in your friends name. |
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I'm local to you. 45236. DL |
I wouldn't hesitate...
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What does "need another car" have to do with it? Buy it, drive it, sell it on. All you need to do is be a good steward until it finds a new home.
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buy, drive it, sell and split the profit with him when your done.
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I say I wish I had friends like that.
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Buy it!
Don't flip it! Then drive it like you stole it! |
I might be interested in that.
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If he's a respected friend don't flip it. I'm sure there is room for another car in you life (and garage.)
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I would not complicate your life and buy a car that you do not need.
$22k is not a "price you can't refuse" $22k is about market price for a 190k mile Cab. Here are ones with a fewer miles for the same general price. 1986 Porsche 911 Carrera Cabriolet | Bring a Trailer 1987 Porsche 911 Carrera Cabriolet | Bring a Trailer |
Jesus, maybe I should up my stated value coverage...
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Or buy it, flip it and give your friend half the profit
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Does he have some emotional attachment to the car that dictates you shouldn't flip it for a profit ?
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