Feeler: Value of current RSR project?
 

I put it up on the Marketplace discussion but I think this forum gets a lot more traffic so figured I would ask here.

http://forums.pelicanparts.com/porsche-marketplace-discussion/730961-what-incomplete-rsr-project-worth.html

Thanks for any input.

subd

Ohhh I don't know... but I like the car / Project.
Where are you looking for?
How much is your total input ,plus your time X ..$ would be a good starting bid ...

Btw I'm looking for such a project but less finisched because of not having enough $$ or €€

I never added it up but a quick guesstimate:
$10K for the 3.2SS engine and 915 tranny assembly
$5K for the roller
$4K for the bodywork including new steel flares
$1K for the hood
$2K for the front fenders and bumpers (used)
$3K for the PMO ITB's
$1.5K for the MSII and associated wiring and relays/sensors
$1K for all the ER bushings and monoballs
$1K for gas tank and coating
$1K for front RSR struts
Many more $K in sandblasting, painting, cleaning labor and extra parts like new lenses, RSR taillights, etc. etc. etc...

how much would you be happy selling it for?

according to your quick run down thats about 30k .... seems a bit high for a project but that is just my opinion ...

wow...very nice.
I'd ask 20K for that project.

regards,
Al

Add up everything you have spent on it and then divide by two. I've never known anyone to get more than half to two-thirds of their investment back in a restoration/special project unless it was an exceptionally rare or highly sought after automobile.

I agree with Wholberg. Add it all up and divide by 2 and hope you get close to that number.

You could also part it out, all though that could become a pain in the ass.

Dean

Agreed.... Once your in the 30k plus range, your now competing against complete running cars like the 993, 930 turbo, ect.

Appreciate the input guys, not going to part it out and fully understand I will lose money either way. Best case scenario is someone that has a vision similar to mine is out there and in a position to finish what I started. I would consider $20K but most likely am just better off sitting on her until i'm back in a position to finish. I know i'll be sorry if I let her go.

Couple more pictures of "stuff"..

http://forums.pelicanparts.com/uploa...1359339997.jpg


http://forums.pelicanparts.com/uploa...1359340062.jpg

http://forums.pelicanparts.com/uploa...1359340106.jpg

http://forums.pelicanparts.com/uploa...1359340184.jpg

http://forums.pelicanparts.com/uploa...1359340210.jpg

Maybe part out the trans and engine and chassis - 3 sales. What a fun project to finish. I would think you could get your money back on the engine and trans and then maybe $10K for the chassis. Pretty close to $20K for not too much effort.

Appreciate the input Eric, but even though it may be more profitable to part her out it isn't going to happen.

Gary,

I hope you keep her, I know it is hard to stop moving forward on a project, but it seems you have invested so much to build your vision, don't give up now, just pause, and come back to it when you can.

Set it aside until you are in a position to finish it (next winter). I am in the middle of my project right now, having repaired my wrecked racer last winter. I am really enjoying it, and I am really looking forward to the reassembly part! I might even post pics on here if it turns out ok...
It looks like you have the majority of the grunt work done - the remaining work might be fiddling around, but you will have the pride of knowing not only that you did it yourself, but that it was done right.

seems a bit high for a project but that is just my opinion

What seems high, what was spent on it? I don't do anything 1/2 way as far as quality goes and to build a top notch RSR replica it is not inexpensive. This car has, and will have, the best of everything (within reason). This was being built for me by me, expense didn't play a part during the build to this point. It will be a fantastic road car, or road and track car when she is done.

To be clear, I wanted opinions on worth and to see what interest this car would get in a forum dedicated to DIY'ers. I also understand most people here don't have the ability or finances to finish a project like this.

I suggest you sit on it. You won't get what it is worth if you sell it. Anybody that thinks $20k is high for what you have there needs to go price out a complete restoration, in today's dollars. I'll have that much in just repainting a non-rusty 914-6, with all of the usual little while-you-are-there stuff, and I did the disassembly and will be doing most of the reassembly, too. $20k doesn't go very far.

JR

That's most likely what is going to happen JR, while I don't mind taking a substantial loss I have no intention of breaking it up (unless I had buyers for everything at once!) or giving her away. Everyone's input is appreciated either way!

It hard enough selling a running and successful race car today for 33 cents on the dollar, much less an uncompleted project. If you wanted the most money out of it, parting it out would be the best way to go.

Scott

Understand completely Scott, tried selling my $50K+ invested, winning race car for $30K and didn't!

If you were on the West Coast I would of considered it. :(

Fly out and look at it, if you buy it i'll take the flight cost and shipping off the total... :D

Why post this...?? Now I will not be able to sleep!

I know a thing or two about unfinished projects... just look at my signature...

Well usually 30 cents on the dollar as-is, 50-60 parted, 80 as a complete unless you did REALLY good worked coupled with great prices when you bought the stuff.

Just my experience.

one million dollars

I would buy it in a heart beat if I didn't have one already. It's soooo much closer and cooler than mine.

Having done the part it out route, as well as sell it cheap route, both are painful. Unless you need the money or are out of space, I would just sit on it. Often I question the two previous race cars I sold as the money I got for them ended up being fairly inconsequential to what I wrapped up in the next one and I would have had a working race car while building the next one.

If I had had the space to keep it, I would be really kicking myself now for selling my 993 for what I did.

+911 Just keep it...

That could happen! I'll most likely start doing some work on her soon either way, plenty of things to do without spending anything and all this talk is getting me wound up! :D

Keep it, get it running... even if you run it with the body in primer... don't sell it man, don't do it...

LOL!

The paint is nothing, lots of $$ needed to get it driveable so that isn't happening. I can get it running and suspension/brakes done with what I have and a few bucks in fuel lines, vacuum lines, misc. though.

i am in the same positon...have an RSR project and have tried to sell with little success...so have just been gradually putting some time into it and will do my best to get it on the road...doesnt have to be perfect...just driveable...thats enough for me...
..keeps me busy and out of trouble...

As is in the hands of an individual, the vultures will circle.

Partner with a restoration shop to sell it and it becomes a legitimate product.

I always thought there should be a market for " bodies in white"

For non do it yourselfers your "product" has greater value in accelerating the results. ( having a newly completed built to spec RSR replica in half the usual time).

Thank you all for your input, I have placed it on the FS forum so everything is in one place as I had discussions going in a few different forums.

http://forums.pelicanparts.com/porsche-cars-sale/731508-semi-completed-73-911-rsr-project-based-79-sc.html