larkja

I am looking to sell my '82 SC. There are over $15k in receipts for a rebuild and tranny work. I have pics posted - http://www.vettechrelief.com/911/911.htm. There are many extras including cat bypass pipe, Bursch muffler, and 7 & 8x16 rims.

I usually use ebay as a general guide but prices are all over the place. I am in CA so rust free and the engine runs very well and pulls hard from 3.5k to redline.

Thanks,
Jim

larkja

No thoughts???

earlyapex

Jim,

I'd use the Porche Market Letter and Excellence as a guide to general pricing information. It's tough to quantify the price on the work that you have done. It will depend on what the market will bear. I would take the average 82 SC price and add a few grand to help defer the cost of what you put into it. The other strategy is to add 50% of your receipts and wait for the right buyer.

larkja

Thanks

Bill Gregory

Jim,

Check Kelly Blue Book private party sales. Sellers don't like those prices, however, I've found more times than not they are not far off the mark. Ads tell you what people are asking, not what they settled for. Rebuilt components, however, are sometimes considered like a new roof on a house.....necessary maintenance, but nice to have for the new owner (that means you won't get what you paid out of it). Bursch muffler is maintenance, zero added value. Being in CA, unless you have some special exemption, a new buyer may insist on the catalytic converter for emissions, so the cat bypass may be zero added value, too. In general, though, I'd agree with Eric that valuing added items, 50%.

larkja

I hear you re. the 50% valuation. If I do that, we're talking around $7,500 ($15,000 in receipts) plus a couple thou for good measure - that's still only $9,500. For that, I'll just hold on to the car. The piece of mind knowing the history of a car vs. going out and buying a used daily driver (and dealing with who knows what) is worth more to me.

Looks like I'll just suck it up and deal with the 18 - 22mpg as a daily driver.

Thanks,
Jim

Edward

Jim,

To tell you the truth, I think your car is worth considerably more than 9.5K (though perhaps a bit less than 13K, but that's just me, FWIW). From our conversation, it sounds like a fine car and a good platform for a DE/street car. And since you've got the documentation for the work performed, it WILL sell, but to a single-minded buyer, and not to your typical SC tire kicker. Had the previous deal not worked out for me, yours was THE one that I was going to PPI next, but then I was looking for a track platform too (again, sorry that didn't work out).
It really depends on how much you "need" to sell and how long you've got to wait. Given what you've got into the car, I'd keep it and buy a daily beater (old Accords and Camrys are cheap) if commuting/family hauling is a need. Consider, too, that if you sell and later get back into a 911 it's like starting all over again, as opposed to what you have now, "knowing" the car. Anyway, just my .02 cents. Good luck selling, or keeping. And congrats again to you and your wife! Take care!!

Edward

earlyapex

Jim,

I really meant that you can add something for the upgrades to the average price for 82 SC's. The routine maintenance items won't add to the value of the car but some of the performance upgrades should be worth something. This will depend on the buyer, however so it may be easier to put the car back to stock form and sell the performance stuff seperately. The right buyer (smaller market) may want the whole thing since it's already sorted out. I guess it depends on how quickly you want to sell it. For reference, 78 SC's are going for 14K in the Monterey area (private sales) while a few dealers would ask for 20K for your car without the roll bar, etc.

JCP911S

Jim, just opinion here, but the car mught be a bit of a tough sell in that it is not really a street car, and not a fully prepped track car. The rollbar, interior removal, and seat wear will tend to turn off the average buyer.

For track it will need seats etc, and maybe the suspension worked on... has the suspension been upgraded for track? Even so, if it is a Street/Track compromise a track guy will probably mentally discount for $3-4K in upgrades....plus track guys are notorious cheapskates so expect some hard bargaining.

But if the motor is really strong, I wouldn't let if go for under $10K, unless you need to money.... if you are patient and find the right buyer, you can probably better that.... waiting for Spring might help, although I don;t know whether that matters in sunny CA.

Good Luck

larkja

Thanks for the replies. Based on the feedback, I brought the price down to $13k and will wait to see what happens. $10k is way too low considering the engine and tranny rebuild. I understand track guys can be cheap (I was there once too).

I'll keep you posted.
Jim

TMH

I've got to agree with this assessment. Once the track prep has been initiated to some extent, the pool of interested buyers shrinks somewhat. Then the old law of "supply and demand" kicks in, but your "demand" level is now lower, because your car will appeal to potentially fewer purchasers (especially now at the end of the track season). Unfortunately many of the upgrades you made will not increase the ultimate selling price of the car. Last May I bought an '87 Carrera Coupe which had suspension upgrades, Recaros, 5-points, rollbar and other track/autocross specific goodies. It did NOT have the engine/tranny work documented as in your car, but both were strong. A PO had put about $12k into the car in improvements, yet I was able to buy it for less than $11k. There just wasn't a lot of interest in it because it was not stock, was less comfortable for use on the street, and the pool of buyers looking for a track-specific car was smaller than those looking for a street car.

Good luck with your sale, and hope you get a reasonable price.

Tom

larkja

Thanks for all of the responses. I re-listed in the auto trader at $13k. I would love to see the car go to another P-nut and use it for track purposes. If any of you rennlisters are interested, I would be willing to lower to $11,500 - but that's it. If I don't sell, I'll just keep it and teach my son to autox when he's of age :-) By the way, compression is 165 to 170 in all 6 cylinders. I would have no problem with a PPI for interested parties.

Jim

earlyapex

Where are you located?

larkja

I'm in Newark, CA. Right next to Fremont. It's about an hour and 15 mins from Monterey. Feel free to give me a buzz on my cell at 510 410-0692.

Thanks,
Jim

larkja

Wow! I'm truly amazed at the lack of interest on this one. Is anyone selling 911s these days? Without the engine and tranny work, I would say the car would be a $9,000 car. But with over $15,000 in receipts (including engine & tranny rebuild), I would have thought $11,500 would be an awesome deal.

I'm not sure I really understand this community yet. JCP911S, you said I shouldn't let it go for less than $10k. Are you kidding??? It costs at least that for an engine rebuild, not to mention tranny work. I challenge anybody to go out there and purchase a nice looking car, and rebuild the motor and tranny for less than $10k.

Sorry to vent here. I've owned many cars in my time, and I always try to buy the best that my budget will afford. I don't expect to be gouged and I don't try to nickle and dime the potential seller to death.

This whole selling thing has left a bad taste in my mouth.