Price to pay with $64,000 body repair done

[msark]

I'm looking at buying a 2019 Targa 4 with a manual trans. See it on Autotrader via VIN: WP0BA2A96KS120150

Pretty car but It has an accident history and the repair invoice is just under $64,000.00. Described as "Rolling down a driveway unoccupied and hitting a wall". The repair included both rear fenders, suspension, rear frame replacement, frame straightening and and it had to be put on a jig.

It was CPO when bought, prior to the accident. Someone mentioned to me that the CPO can be cancelled or limited in scope due to accident damage.

Seller is forthright about the accident (also on Carfax) but thinks it makes just a small price difference.

What's the best way to adjust the price to a fair offer. the accident history won't go away...

Thanks.

[Bucketlist]

^^^Not with a 10' pole!

[Mike80911]

If you are not buying it as a concourse car and just to drive and enjoy it then I would have a PPI done at a reputable shop maybe even a body shop and if all checks out buy it. As far as price goes I would think it should be at least a 30-40% hit on the value. If you ever decide to sell it you will definitely take a big hit so the seller is wrong thinking it is just a small price difference. What do they think the difference should be?

[techweenie]

That is a staggering repair bill. We've done extensive rust & collision repair on vintage 911s for roughly $65K. I would want to see photos of the accident damage and in-progress repair. Impact on retail price could be around -$35 to 40K

[Matt Monson]

Originally Posted by techweenie

That is a staggering repair bill. We've done extensive rust & collision repair on vintage 911s for roughly $65K. I would want to see photos of the accident damage and in-progress repair. Impact on retail price could be around -$35 to 40K

The aluminum chassis cars get really messed up with what we might consider small hits. When the 991 Cups were new, teams started cutting brand new cars in half, and putting them back together. It allowed them to clip the cars in a crash, instead of retubbing them.

[-Levi-]

Run

[G450X]

Aluminum chassis repair costs seem to be a somewhat hidden factor in high tech purchases. There is a story about a very minor (hardly visible) Rivian rear end crash that had similar costs. Insurance bills are bound to increase dramatically as more crash repairs are incurred in databases.

It’s not a direct comparison, but an aluminum chassis tale of sort. I’ll bet the pre repair damage photos of that car don’t “appear” bad at all…

[Dan J]

Hard to believe but that's probably a small ish repair
I have been running 991 and now 992 cups since they came out in 14 and can state with no exaggeration that 64K doesn't buy a whole lot
The good news is that if the car was repaired at a Porsche certified repair center the repair
should be done to a very high standard Porsche is very picky about the work in these shops and the cars can be repaired correctly
I would obviously want the repair inspected and expect a 15 to 20% discount from retail

[onboost]

Just food for thought...

[onboost]

Originally Posted by techweenie

That is a staggering repair bill. We've done extensive rust & collision repair on vintage 911s for roughly $65K. I would want to see photos of the accident damage and in-progress repair. Impact on retail price could be around -$35 to 40K

Agree..

Originally Posted by Matt Monson

The aluminum chassis cars get really messed up with what we might consider small hits

Originally Posted by G450X

Aluminum chassis repair costs seem to be a somewhat hidden factor in high tech purchases.
It’s not a direct comparison, but an aluminum chassis tale of sort. I’ll bet the pre repair damage photos of that car don’t “appear” bad at all…

Originally Posted by Dan J

Hard to believe but that's probably a small ish repair
I have been running 991 and now 992 cups since they came out in 14 and can state with no exaggeration that 64K doesn't buy a whole lot
The good news is that if the car was repaired at a Porsche certified repair center the repair should be done to a very high standard Porsche is very picky about the work in these shops and the cars can be repaired correctly

On a more serious note.. you are correct in that it doesn't cost much to run-up the repair cost on an aluminum tub car. Both targas and cabs can incur even additional cost for what appears to be a simple rear end hit beyond the bumper.. meaning if there is any damge to the quarters, it requires add'l hours for R/R of the entire top mechanism including recalibration and recoding upon reassembly. Sometimes these hours may be incurred just for inspection of inner quarters and panels.

The certified Porsche repair facility ties right back to the CPO program. If a car is damaged and then repaired by them, Porsche can then confidently offer the car for resale again as a CPO.. provide it passes all if the checks. Keep in mind, many of these $2 -$300k Porsche are leased, so the dealer/manufacturer is expecting to see them again upon trade-in.. thus to be sold again. We've seen some CPOs sold 3 times by the manufacturer which makes sense.

Another factor to this is that not all Porsche dealers are certified. There are some dealerships that have body shops that cannot repair their own cars because they are not certified. Parts are tracked and if the shop, or dealer is not certified Porsche will not sell or ship them the repair parts. We've had a number of these cars come into the shop from several dealers and independents, and God knows how many Cup-cars we've done.

[zztot]

“Seller feels small price impact” or something to that effect…
One word ……..irrelevant!
What BS……..

[ChrisHamilton]

Having worked in "High End" Euro Collision for many years, I can promise you one thing, the statement often made "return your car to pre-accident condition" is a lie and never happens. Even when the repair shop has the best of intentions. It's only a Virgin once.

The closest thing you can get to new condition is a nut and bolt restoration by exceedingly competent and anal retentive repairers. Most of the time perfection is tempered by finance. And the skill level and concern of the person doing the repairs. Shiny paint is easy. Doing it correctly is not. And most aren't willing to pay for it.

[ard]

Something doesn't add up in this story for me.

• The car is a PDK car
• It was positioned in Neutral on a driveway of sufficient slope to cause it to roll
• The driveway is said to have a wall, which likely was known to whoever positioned the car

In a PDK car it takes a deliberate action to place the car in Neutral, as opposed to in Park. I suppose that someone may have accidentally put the car in Neutral instead of Park and assumed that they need not apply the parking brake but seems somewhat improbable and pretty careless if the car was indeed on a sloped driveway.

I have to ask, is a bridge in Brooklyn included in this sale?