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Bravoaloha Bravoaloha is offline
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Join Date: Nov 2010
Location: Mountain Lakes, NJ
Posts: 332
Quote:
Originally Posted by bbturbo View Post
TV has really given a horrible perspective on the flipping cars, or finding deals, all while inflating markets. The main detail that many people don't think about is: Just because it is sitting, deteriorating, and breaking our hearts in the process, doesn't mean the guy wants to sell. Most of us think that if a car is sitting, it needs to be saved. Many people who own these cars don't think like that. They believe the car will be saved by them someday, but they typically never are. They live by the "next year" or "next project on the list" and hate being hassled, especially by someone that knows more than them, or wants to undercut them. Just a thought.

The main way to tell is to let them throw out their insane, cash-today price, and go from there. That will give you the indicator on if it can be acquired someday. I know where two pre 73 911s, and a 930, are rotting outside where I used to live in Indiana that can't be acquired because of the owner's arrogance. He believes he has a plan for them, and nobody can tell him otherwise. Fifteen years later, the cars haven't moved. Sad, but reality.
I am becoming very aware of this reality. I'm not looking to steal anything for 5k, but numbers I was thinking were like $15-18k for that 964, 12k for the Cali SC, maybe 16 for the 911 targa and the 993 cab. I think those are low, but fair numbers, but as you say, if they're not sellers, they wont sell.

Quote:
Originally Posted by Unobtanium-inc View Post
I think the poster is going about it wrong, if you've found 6 cars and haven't been able to buy 1 of them, you're doing something wrong. You are going about this like a flipper and probably being perceived by the owner's as a flipper. If you are looking for pick up a car for yourself you need to get involved as heavy as you can in the local Porsche scene. Go to every event, talk to everybody, make lots of friends. The best cars never see the light of day, they change hands quietly amongst friends. I know of a Speedster that was sold new in Philly, has had 5 owners, and has never left a 10 square mile area.
I rarely buy cars that are advertised anywhere and I buy a lot of Porsches. So get involved, do any favors you can for local guys, make it known you are looking for a car for yourself, someone will sell you one. Be honest, always, and don't lowball, you are better off paying retail for a known car with known history than getting an unknown car that you will spend thousands on trying to get running.
Take this advice from a guy who has bought hundreds of Porsches, many times from guys that "will never sell".

Have your approach be honest, a nice guy wanting a nice car, most guys would much rather do a quiet deal with someone they know then open up their house/car to the world.

---Adam
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Thanks Adam, I follow you on Instagram and your conquests are very impressive! I am pretty involved locally with my club but I do need to do a better job of putting the word out with those guys. I think you're definitely right about shifting my focus to the club and paying a little more for something with a history. I hope I don't come off as a dishonest flipper, but there's a possibility I do!
Old 03-20-2017, 06:01 AM
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