Quote:
Originally Posted by speednme1
I must admit I agree with you. Unless you're doing the work yourself it will easily past $50k....motor alone will be $15-25k, suspension will be another $5-7k, tires,whees(refurbishment) and brakes (refurbished calipers) $3-4K, transmission rebuilt..if needed..$4k, interior cleanup-refurbishment $3-4K, paint $10-15k, misc-$5k of course your demographics will play a role in all this. I hate to say it but many shops ideology is that the value of the car plays a role in the cost of the repairs, which I think is wrong but I don't own a shop.
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Operative statement above is "
Unless you're doing the work yourself". For a solid DIYer the number should be far less than "
easily past $50K".
This is why many of us DIY...
$15-$25K to refresh an engine with only fifty-some-thousand miles? Unless the long time owner absolutely abused and neglected this car the bottom end is probably pristine and in need of pretty much nothing, and if the seller is to be believed, the jugs and pistons have less than 30K miles on them so they're probably in fine shape as well. Pull the engine, re-seal as necessary and it'll very likely be good to go. Unless you run into something unexpected, you'll be in the refresh many, many thousands less than your estimate above.
The same is true for your suspension estimate and probably for your interior number as well. Wheels could certainly get up there, depending on your taste. Your gearbox number is in the ballpark, though you were wise to insert your "if needed" qualifier, as I'd wager it's fine - again, given the reported mileage.
Interestingly, your body and paint estimate actually seems to be a bit on the low side. Now, I'm not suggesting you can't get a quality job for $10-$15K (irrespective of what you might have read in the JE thread) but given that you aimed so high on the other items I'd have expected you to throw out a number in the $30-$40K range.
I think a DIY buyer who just wants a beautiful 930 he can drive and enjoy could come pretty close to Matt's $20K estimate - the most likely wild card being the cost of body and paint.