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I need some automotive( porsche related)/financial/life advice.
Where do I start??. I want a 930. I am in the right place in my life to pull this off.
As much as I dont want to, I think I am going to flip my 944 turbo s. No matter what Sniper thinks, the only water that belongs in a Porsche , is in the windshield washer bottle. I basically stole it, it is beautiful, and the proceeds will take a nice chunk out of the purchase price of a 930.
I already have a 930, well, a 76 euro turbo carrera, my dream car. 33k on the clock, but it needs a total resto. motor/trans/paint/sus/interior etc... I also own this car with a partner, and I would have to buy him out, not really a problem , we have discussed it before.
When I build the 76 I wanted to do a full blown 100 point perfect resto. I have a pretty full plate in life right now, and I don't even know if I could pull this off in less than 3 years. I have always pictured this car as a garage queen, and in the past when I have restored a car, I hated driving it , was always worried about scratches , damage theft . etc...
I really want a modded daily driver quality 78 and up 930 for me to take road trips in with my son( he loves boost), drive to work on nice days, the occasional auto x etc...
Option # 1. After flipping my 952, and buying out my partner, I would probably have about 7k to start the restoration on the 76. I figure, It will cost me 20k, and probably 2-3 years worth of spare weekends and nights to pull this off. I would do it all myslelf, except for final body prep and paint. and machine work on the motor. This will be the more expensive route, and also robs quality time with my family.
Or option # 2, flip 952, borrow a small ammount of money , write check, and drive home my new less than perfect 930.
Option # 3 , sell 952, sell 76 , write a check for my new less than perfect 930. No money out of pocket no time missed with the family , and two less cars in the fleet ( my lady likes this option the best), but I have to give up my dream car.
I was kind of saving the 76 for a retirement restoration project. I love the early turbo's, think they will be worth a fortune in the not to distant future, and are just all around old school Porsche cool. I would hate to give this car up. My partner on the car is ok either way. He would gladly sell me the car,sell the car outright, or he is also happy to just let it sit and appreciate
There is always option # 4 where I could just do the mechanicals on the 76 , and a quickie driver quality restoration.
Boy, I have been going over this in my mind for weeks now, just cannot make up my mind. what would you do?
Sorry for the long post
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No left turn un stoned
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