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cashflyer cashflyer is offline
Bill is Dead.
 
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Join Date: Jul 2005
Location: Alaska.
Posts: 9,633
Oh, well.
As of now it is up to more than I think it's worth, and his reserve is still not met.



The way I've been determining value on used 911s that have "issues" is as follows:
Start with the price that I can buy a nice one for.
Subtract cost to repair all known and suspected issues on the car being considered.
Subtract an amount suited to the degree of PITA it will be to address the known and suspected issues.
What is left is the car's value.
(I may give extra consideration if there is unique, rare, or specialized equipment present.)

This is just my own method, and by no means a reflection of actual market forces. But the way I look at it is "why buy somebody else's problems, unless it is of some sort of benefit to me." Let's face it... restoring a neglected old 911 is a LOT of work!! (and $$)
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Old 03-10-2007, 08:02 AM
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