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The catch22 with a 928 is that no amount of skill or DIY ingenuity can substitute for a fairly serious amount of money for parts. Some things you can clean and fix, some are easy to find used, but some critical parts are Porsche only and $75 hoses add up pretty quick.
Going cheap also makes the cars MUCH harder to fix. If I have a lot of used parts, used relays, controls, substitute hoses, cleaned but not disassembled with all the expensive factory o rings etc. replaced, how can I begin to guess which interrelated part has actually failed? The biggest problem many of us have is that YEARS of previous owners half @$$ed repairs need to be redone correctly with new parts.
*************** That said ... It is possible to get lucky, and find a decent car with a non costly repair keeping it from running and to buy it cheap. $1500 budget means you need to find such a car for $1000 and hope $500 in parts can get it going. Mostly this means you need to walk away from ANYTHING that has not been taken care of reasonably well, driven recently, and that you can buy leaving a budget for parts. Deals like that are NOT going to be easy to find, and will require some skill to negotiate the price. I think time spent hunting for such a car might be better spent collecting aluminum cans until you have another $1k or so.
*************** Or forget about making a $1500 car into a driver. Buy a cheap wreck and just see what you can do with it before parting it out. Don't buy ANY parts, just take it apart, clean it and see what you can do with it, selling the parts you can fix.
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