Quote:
Originally Posted by Tremelune
@Muny King Ha, thanks—I think that's overly flattering. Like most everyone else, I kind of just hang out here, read the words of the truly knowledgeable, then regurgitate it with a few personal anecdotes from when I gave it a whirl myself...
@sugarwood You make good points. I sold my '87 on BaT and got a lot of flak for a non-functioning window and a small oil leak. I set too low a reserve and I was bummed when it actually sold for that minimum. All my fault, but I'm a bit gunshy with this car and its incomplete nature. I fear someone buying because they didn't read or ask questions and finding they didn't get the screaming deal on a creampuff M491 coupe that they thought they did. Maybe it doesn't hit reserve and future buyers take it as "the market speaking" on this example without many having driven it. BaT buyers seem to prefer examples that have little to question. I dunno, I'm not opposed to it—knowledgeable buyers and sellers understand the peanut gallery.
I also didn't like not being able to choose the buyer with BaT on my other cars. My all-original E30 M3 went to a 15-year-old that planned to take it apart. Nice kid, and nice father, buuut...My mint-perfect, rare-colored, PASM-equipped Cayman S that searched a year for went to someone who wanted a track car. This car should go to someone who knows air-cooled Porsches and is looking for something they can drive now and tinker with over time. They bought 'em, they can do what they want with 'em, but dang...I still remember the guy who parted out the 944 that I slaved over for years and years in my youth...
I think I'm getting a bit dramatic. If it doesn't snow this weekend (gotta love the mountains!) I'll try and take some glamor shots, some revealing shots, and drum up an ad.
|
It's not only about the money for you. I also would hate to sell a good car to a buyer who hacks it up
However investing to fix it is all about maximizing profit.
One mistake you might be making is assuming that the car is unsellable in its current state. That is false because you're projecting your own buying habits onto this sale. Yes most buyers prefer a hundred percent complete car but there is an alternative Market where people do buy incomplete cars.
So you need to decide what it is you really want. I suppose if you invested to fix it you could have Best of Both Worlds. The higher sale price and control over who buys it via private sale and not BAT.
Why not put up the ad on eBay and Pelican with your current Reserve? There is zero risk in this approach and minimal investment. 1 hour total.
In the meantime why don't you get a quote for getting all the work done? This may satisfy a bit of your unknown... And help to decide if it's worth pursuing.