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Registered
Join Date: Oct 2016
Location: On The Road
Posts: 2,285
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1984 Carrera for $22k - Money Left on The Table?
How much money do you think was left on the table in this deal yesterday:
http://http://forums.pelicanparts.com/porsche-cars-sale/1013384-84-carrera-w-transmission-prob-22k.html I saw this and thought it was one of the better deals this year. I am sure than putting around $5K to $8K into it would make it a sound car. Once again, I should have saved my money and did what I did. |
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11-19-2018, 04:50 AM
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gearhead
Join Date: Nov 2007
Location: Loverland, CO
Posts: 23,517
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There was a little meat left on the bone but not more than a grand or two.
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1974 914 Bumble Bee 2009 Outback XT 2008 Cayman S shop test Mule 1996 WRX V-limited 450/1000 |
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11-19-2018, 05:54 AM
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Join Date: Jun 2013
Posts: 1,299
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hard to say...if it was a decent car and not needing too much work then a great grab. If it needs much of anything then Matt is right...maybe 4-5k left on the table?? So in short if you are the end user then yes it was a very good buy!
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www.machine-motorsports.com 1971 911T 3.2 1971 911S 2.5 1972 911S 2.8 1972 911T 2.7 1965 911 300760 1976 911S |
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11-19-2018, 08:00 AM
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Still here
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Well bought. Seller obviously didn't want to put any more money into the car. |
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11-19-2018, 06:02 PM
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Join Date: Jul 2008
Posts: 1,393
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Well bought, fun car for the price, good engine 3.2 and coupe
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11-20-2018, 07:11 AM
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shh-the robot is sleeping
Join Date: May 2010
Posts: 501
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I was surprised at first. After thinking about it more, I could easily sink $15K into that car, especially if the trans or top end needed any attention. Then it would be a $37K car.... Same old story.
We once said, “every 911 is a $20K car.” Now every 911 is a $40K car. In a perfect world you would have time to do a leak down and full PPI. If the trans was perfect and engine given a clean bill of health, then it may have been a good buy. However, as we all know the list gets pricey fast. At that price I would assume to spend money on suspension, brakes, tires, exhaust, tune-up, maybe an axle or two just to make it reliable. Then, as I could not live with that interior, that would need to be done. All this and a few more grand for unexpected rust, electrical, or whatever issues and you are in deep just to make it a reliable runner- not even touching the paint.
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'88 911 Coupe, 69k miles Last edited by da Vinci Dan; 11-20-2018 at 04:20 PM.. |
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11-20-2018, 04:07 PM
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gearhead
Join Date: Nov 2007
Location: Loverland, CO
Posts: 23,517
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Yep. I just spent $10k prepping my 86 for sale. It goes quickly once you dig into a car.
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1974 914 Bumble Bee 2009 Outback XT 2008 Cayman S shop test Mule 1996 WRX V-limited 450/1000 |
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11-20-2018, 04:34 PM
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Join Date: Oct 2016
Location: On The Road
Posts: 2,285
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Quote:
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11-20-2018, 04:36 PM
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gearhead
Join Date: Nov 2007
Location: Loverland, CO
Posts: 23,517
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I wasn't going to say anything, but 2nd gear could be just some coupler bushings and a driver who shifts it 1000rpm higher. This car might have been well bought if the gearbox doesn't actually need work.
The thing is I am skeptical about the mileage being real. That makes me think it likely does need a gearbox refresh and why I didn't say something previously.
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1974 914 Bumble Bee 2009 Outback XT 2008 Cayman S shop test Mule 1996 WRX V-limited 450/1000 |
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11-20-2018, 05:08 PM
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Yes……
As a driver this 84/915 is easily a $34,000 to $36,000 car. This would have left $12,000 to $14,000 for sorting and profit for someone who wants to flip..... Conservative: gearbox refresh: $3,000, service & misc: $5,000 this would leave a $4,000 to $6,000 profit. DIYer might even show a greater margin..... |
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11-21-2018, 03:18 AM
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Still here
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11-22-2018, 09:11 AM
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Black Label
