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944 Project car.. seller charging way too much?

85 Porsche 944. Runs & drives. Sat for 4 yrs. Nds paint. Great proejct car. Int gd. $2000 or BO.

^ exact ad. This works out for me because I'd much prefer to buy one that needs some work and have fun with fixing it up than buying one in perfect condition(with a price tag that comes with it)

But, is it just me or is $2000 really really high? What do you guys think this would go for? I'm thinking I'm going to go $1100 tops, I'm hoping for more like $800. What's realistic?

The book value for an 85 in perfect condition is around 2k.. but from what I've heard around here, the book values don't mean much when talking about Porsches...
Old 07-21-2004, 04:43 PM
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It's pretty apparent than the less you pay for a 944, the more you PAY...let me explain. The cheap intial cost of the car is more than made up for by the cost of maintaining it. Take it from me, I bought one that had sat for four years and I have put almost what I paid for it back into it in maintenance, and I paid a lot for it (new engine). It's better to spend the money now to get one that's been well taken care of and well maintained. There will ALWAYS be something to do, trust me.
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Old 07-21-2004, 05:05 PM
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If you are looking for a fun car to fix, drive to Boston. I will give you my address. You'll have a blast.
Old 07-21-2004, 05:23 PM
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Well, I'm not buying it to save money.. I'm buying it because it's a project car, I just want to know if this guy is asking for way too much.
Old 07-21-2004, 05:24 PM
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$800 isn't too bad. Don't be afraid of a project car. The key is to do your own work and scrounge for parts to keep the costs down. Even so, you'll still wind up spending more in the end that for a better example. The difference is though, that the project will likely be in way better mechanical shape (since you've taken care of that). If I was going the project route, I would look for a very good body with a broken timing belt or bad tranny. Don't get too impatient.
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Old 07-21-2004, 06:08 PM
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As far as I know the body is good, it just needs paint, I'll know for sure when I take a look at it in person.

So you think I should offer him $800 on the spot for it?
Old 07-21-2004, 06:09 PM
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$800 won't be bad for a project car. The seller may not go that low under his asking price though...

The selling price is ever increasing, so yes the book values are well below what they should be.

Good luck with your search.....
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Old 07-21-2004, 06:34 PM
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Paint's expensive. If you do all your own prep, AND get a good deal, AND hope for good results, it'll be at least $800...
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1983 944 with S2 motor, trans, suspension and exterior -- crunched parts car
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Old 07-21-2004, 08:20 PM
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Project cars are fine, as long as you have the tools, time, space and knowledge to fix them up. Otherwise they quickly become expensive garden ornaments.

Not running for 4 years means new timing belt, water pump, and possible fuel system repairs before you can drive it.
I wouldn't pay more than $500 for it, but then I'm real cheap.
(before Ronin says anything)
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Old 07-21-2004, 08:26 PM
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Re: 944 Project car.. seller charging way too much?

Quote:
Originally posted by Clowd
The book value for an 85 in perfect condition is around 2k.. but from what I've heard around here, the book values don't mean much when talking about Porsches...
My experience is that the people who establish "book values" rarely if ever look to see what the cars are actually selling for in real-world markets.
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Old 07-21-2004, 08:26 PM
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When you get to the car start it up and rev the heck out of it!

When that 4 year old unused timing belt breaks you can give him $500 for the car.
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Old 07-21-2004, 10:43 PM
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Offer $500, point out the bad paint, severly neglected maintenance, and run before he hits you then again, he might take it. Remember, it this car looks as bad as you say, it might sit for a while and dealing will be easier.
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Old 07-22-2004, 07:43 AM
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Quote:
Originally posted by SoCal Driver
When you get to the car start it up and rev the heck out of it!

When that 4 year old unused timing belt breaks you can give him $500 for the car.
Sounds like a plan to me, although I wanted to be able to drive it home.. But then, that probably wouldn't be possible if the tbelt is that bad anyway..

Last edited by Clowd; 07-22-2004 at 08:08 AM..
Old 07-22-2004, 08:02 AM
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If you can video tape the belt breaking, that'd be something for a lesson to newbie 944 owners.
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Old 07-22-2004, 10:40 AM
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$2000 is WAAAAAYYYYY to much. Like everyone else said, $800 is the most I'd pay, probably not even that much. You'd have to spend almost a grand on just parts (belts, water pump, rollers, seals, possibly injectors, etc) to get it running...if you do all the labor yourself that's already almost 2K you got in the car. Who knows what other problems will creep along...
I like So Cal's idea the best...
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Old 07-22-2004, 12:31 PM
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Well I looked at it.. and If the guy gave it to me for free, towed it to my door, and got on his knees and begged, I might have THOUGHT about taking it.

This wasn't a project car, this wasn't even good enough to be a parts car....

Going to check out a fine specimin of a 944 tommorow though, might have a bit of luck with this one if I can negotiate with the guy a bit, he's asking $5000 (it's an 83, in pretty nice condition)
Old 07-22-2004, 04:44 PM
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83's are the best
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Old 07-22-2004, 04:57 PM
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Quote:
Originally posted by bryanthompson
83's are the best

I couldn't agree more! hehe
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Old 07-22-2004, 07:28 PM
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If a car runs, it's worth $1,000.

I had an '88 Honda Accord. 217,000 miles. Hole rusted through the rear floor. Rust in every place that an '88 Accord rusts.

Got $1,400 for it when I sold it.

A Porsche is worth more.

That said, this assumes that the interior isn't shot to crap and that the rest of the car is basically OK.

Aaron
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Old 07-23-2004, 08:05 AM
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Aaron:
Quote:
White 1976 914 2.0 F.I. <- FOR SALE (PM me for details)
You have a PM
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1983 944 - Sable Brown Metallic / Saratoga / LSD : IceShark Light Kit
Old 07-23-2004, 09:40 AM
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