Pelican Parts Forums - Current M491 Values

Pelican Parts Forums (http://forums.pelicanparts.com/index.php)

- Porsche Marketplace Discussion (http://forums.pelicanparts.com/forumdisplay.php?f=268)

- - Current M491 Values (http://forums.pelicanparts.com/showthread.php?t=999159)

Quote:

Originally Posted by JMS935 (Post 10220337)

Just spend a bit more now so you’re not ‘financing’ a restoration over time. Those that do it the way you’re considering, only do so because they either want to do all of the work themselves, or they have to buy like that because they don’t have enough up front money for the right car out of the gate.

I bet this one can be bought for 40k. It’s got slightly less miles than yours, and probably in far better condition.

https://www.thesamba.com/vw/classifieds/detail.php?id=2204171

You’ll be way upside down spending 35k on a 115k mile car that needs quite a bit of work to it. It will ALWAYS cost way more than you expect it to unless you’re doing all of the work yourself. Buy a car that PPI’s out, instead of one that comes with a five figure estimate of repairs from the PPI shop.

That car sold months ago, I had spoke to the owner a few times and was about to drive out to check it out and hopefully bring it back with me but a dealer in Los Angeles had already bought it.

Quote:

Originally Posted by flyn-hawn (Post 10220435)

That car sold months ago, I had spoke to the owner a few times and was about to drive out to check it out and hopefully bring it back with me but a dealer in Los Angeles had already bought it.

Maybe they should take the ad down then. But my point is still valid, ‘financing’ a restoration project as opposed to buying a sorted car in good condition for slightly more money is rarely a wise decision. It’s usually made due to a lack of funds, which then gets magnified even worse when they go to sell and lose far more money than had they just bought the better car to begin with.

Makes a lot of sense. I agree. Was hoping it would be a good enough deal to be worth doing the restoration. I absolutely do not have the time to do it myself with 3 kids under 5. Thank you for the input.