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Picked up a barn find 924 last night.

 
Old 03-18-2018, 04:16 PM
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proteK
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Default Picked up a barn find 924 last night.

Hello everyone!

This is my first post on Rennlist, excited to finally have a reason to be a member here. Always been a Porsche enthusiast since I was younger, and finally picked up my first one, other than that I drive a 2017 Volkswagen GTI.

This 1978 Porsche 924 was found a few years ago on some land by the people I purchased it from. It's not running currently (needs an alternator and battery for sure) and the brakes are shot as well. Interior isn't in terrible condition, but the rear hatch section has some pretty bad rust that I'm going to attempt to take care of before I get it running. The lower part of he body (bumpers, side skirts, etc) has the majority of the exterior rust but it doesnt look bad enough that it cant be tackled with a wire brush. It has 32,000 original miles.

The most interesting thing about this car is the documentation that came with it. It has every record of every service it's had from 1978 when it was bought in Montgomery, AL until 1991 when it was abandoned near Nashville, TN, even has the original window sticker in the glove box, (and the title) this particular example had the optional "Touring Package 3", front and rear sway bars, an optional pinstripe and the Porsche decal on each side ($200 for that) and sold for around $15,000

The destiny for this car is most likely going to be a 24 hours of lemons competitor, as I'm not sure it's really worth restoring at this point in its life, but i'm curious to hear some thoughts on the car!








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Old 03-18-2018, 04:22 PM
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nkgosselin
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Nice.

People love a car with a story and this has a good one. Maybe it can be restored.
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Old 03-18-2018, 04:35 PM
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It would be great to see more of the car (engine bay, interior, rear deck, etc.) and if the mileage is correct, that example would definitely be a restoration candidate.
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Old 03-18-2018, 04:48 PM
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proteK
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Originally Posted by pfarah7 View Post
It would be great to see more of the car (engine bay, interior, rear deck, etc.) and if the mileage is correct, that example would definitely be a restoration candidate.
The mileage seems to be correct, I checked through about 50+ pages of service receipts to check the mileage on each one, seems to add up correctly with the odometer. Will get some more pictures tonight when I get home!
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Old 03-18-2018, 06:21 PM
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Not worth trashing. Low mileage with history is a rare thing. Get it restored properly.
cone over to 924board.org thats the international home if the 924, or porsche924.co.uk be best official 924 club, based in uk but many of us from other countries as well. We also have a very very nive club magazine.
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Old 03-18-2018, 06:36 PM
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I would not Lemons this car with that much documentation. Save it!
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Old 03-18-2018, 07:50 PM
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Originally Posted by morghen View Post
Not worth trashing. Low mileage with history is a rare thing. Get it restored properly.
cone over to 924board.org thats the international home if the 924, or porsche924.co.uk be best official 924 club, based in uk but many of us from other countries as well. We also have a very very nive club magazine.
Originally Posted by CVR_Rally View Post
I would not Lemons this car with that much documentation. Save it!
Tell your teammates that there is a special place in Hell for those abuse wonderful old cars like this one.
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Old 03-18-2018, 08:03 PM
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Spend 15,000 to restore it, and you will have a wonderful 3,000 car. Let someone here who wants it restored buy it from you, or swap their 944 with you.
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Old 03-19-2018, 12:35 PM
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proteK
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Originally Posted by Tom R. View Post
Spend 15,000 to restore it, and you will have a wonderful 3,000 car. Let someone here who wants it restored buy it from you, or swap their 944 with you.
That's basically what I was thinking. As much as I'd like to restore it and daily it, the cost doesn't seem realistic when there are good condition 924's out there for $3000 locally.
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Old 03-19-2018, 12:40 PM
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Originally Posted by CVR_Rally View Post
I would not Lemons this car with that much documentation. Save it!

Same here. Save that poor car.
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Old 03-20-2018, 08:56 AM
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Cool car.

Provided you could get the title thing sorted, I think it would make a great "survivor" car to just drive and enjoy. I'd just get it up to driving standards and use it. Sort of on the trend of the ratty VW Beetles that you see driving around and at car shows. I definitely wouldn't pump any large amounts of money into it though. It's just cool as-is.
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Old 03-22-2018, 08:14 AM
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924s were worth 3000 here as well a few years ago...now its a completely different story.

You don't have to spend 15k to nut and bolt restore it...its sufficient to sort out any rust, mechanically refresh it so it runs well and if you're really keen throw a paint job at it.
You can spend 2-3K(yea, that little because its a 924 not a 944) and have a great car, not concourse car but a great driver with great history....I'm sure you would not get seizures by daily it or at least enjoy driving it once in a while even though 15k has not been spent on it no matter how pretentious you are.
And yea, later on when they will pick up value, and they will soon as in some parts of the world they have already started to, you can throw more money at it.
But if you destroy it at lemons, it will never be worth anything anymore...and since money seems to be an object...think about the climbing trend of their prices.
For example, generally, a well sorted 924 turbo is minimum 10k here, the non turbos are a little behind but the trend is the same.
You can still find bargains from braindead sellers but usually they are nowhere near "sorted" condition.
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