Is it worth Restoring
#16
No one should restores these cars expecting to get their money back. That being said -
Any car with this many known problems will certainly have several others looming. The PO has found out that 928 upkeep is the killer.
Maybe the better question is; which is better:
1 putting $4-8k+ into the car (& your labor)
2 waiting for a nicer '86.5 (with less problems) for $7- 9k?
Good Luck if you go for it!!!!
Any car with this many known problems will certainly have several others looming. The PO has found out that 928 upkeep is the killer.
Maybe the better question is; which is better:
1 putting $4-8k+ into the car (& your labor)
2 waiting for a nicer '86.5 (with less problems) for $7- 9k?
Good Luck if you go for it!!!!
#17
Range Master
Pepsie Lite
Lifetime Rennlist
Member
Pepsie Lite
Lifetime Rennlist
Member
Originally Posted by Locksmith
No I have not purchased this car yet. Only have had my mechanic look it over.
His latest report was it would take about $ 4000.00 to square the car up + interior and paint, this did not include tires and shocks. His final estimate is due tomorrow.
I like this car but trying not to have more in it than it is worth. ( I understand WORTH is a subjective point )
I can buy a nice 944 turbo $ 6000.00 to $ 8000.00 ride & drive with no major hassles. I Know but you still have a 944 ( wrong forum for this comment )
Thanks
Eric
His latest report was it would take about $ 4000.00 to square the car up + interior and paint, this did not include tires and shocks. His final estimate is due tomorrow.
I like this car but trying not to have more in it than it is worth. ( I understand WORTH is a subjective point )
I can buy a nice 944 turbo $ 6000.00 to $ 8000.00 ride & drive with no major hassles. I Know but you still have a 944 ( wrong forum for this comment )
Thanks
Eric
#19
Range Master
Pepsie Lite
Lifetime Rennlist
Member
Pepsie Lite
Lifetime Rennlist
Member
This hobby IS a little bit like owning a boat, albeit a U-Boat......hole in the water you throw money in to................As regards boating, I always found it better to crew on someone else's and put a few work days into it, then actually get married to one......So TAREK has a good deal for you. And a very cheap tuition bill for the education.......
#20
USMarine
Rennlist Member
Rennlist Member
Originally Posted by TAREK
If you value your social life don't do it. You can come over to my place for a weekend to experience it first hand
Does that "get a life" statement fall into the "IMO" catagory Tarek?
I have done this a few times and in the middle of another (87 928S4) and my social life is just fine. IMO, A hobby is a hobby and any hobby that you have a passion for could consume some time and cash.
Of course you could do the Martha Stewart homemaker hobbies and be statisfied with that ... what ever pumps your nads I guess.
#22
We had a choice?
Rennlist Member
Rennlist Member
928 Owners are not the "*****-Nilly, Mamby- Pamby, Wishy-Washy Hand-Wringing" types of owners. The 928 is a passion...no..... an addiction. The 928 can be the "Darling of your Life" or the "Bitch of your worst nightmares". There are no more loyal owners of any type of automobile, literally to the point of being fiercely rabid about 928's.. If a person can't financially afford or take the time to care for their current auto's (Ford-Chevy or whatever), they will most certainly be overwhelmed by the 928. After 4 years of ownership, I still make weekly/monthly orders for parts. Are they absolutely neccessary for the car to run? Sometimes. Most of the time the parts are for upgrading/restoring. If a person doesn't enjoy working on their own cars, it can become cost prohibitive. 928 ownership is extremely rewarding, most here will agree. Join the ranks of 928 ownership, and you will not only get the one of the greatest automobiles on the planet, you will also get adopted into a great family here. IMHO, of course.
#24
Range Master
Pepsie Lite
Lifetime Rennlist
Member
Pepsie Lite
Lifetime Rennlist
Member
Originally Posted by Anthony Tate
928 Owners are not the "*****-Nilly, Mamby- Pamby, Wishy-Washy Hand-Wringing" types of owners. The 928 is a passion...no..... an addiction. The 928 can be the "Darling of your Life" or the "Bitch of your worst nightmares". There are no more loyal owners of any type of automobile, literally to the point of being fiercely rabid about 928's.. If a person can't financially afford or take the time to care for their current auto's (Ford-Chevy or whatever), they will most certainly be overwhelmed by the 928. After 4 years of ownership, I still make weekly/monthly orders for parts. Are they absolutely neccessary for the car to run? Sometimes. Most of the time the parts are for upgrading/restoring. If a person doesn't enjoy working on their own cars, it can become cost prohibitive. 928 ownership is extremely rewarding, most here will agree. Join the ranks of 928 ownership, and you will not only get the one of the greatest automobiles on the planet, you will also get adopted into a great family here. IMHO, of course.
#25
I'm at the $6500 mark from one that I bought for around the same price. Each time I drive it, I love it more. I just have the A/C and paint left. A/C this summer, paint this fall.
#26
Nordschleife Master
Join Date: Sep 2004
Location: Not close enough to VIR.
Posts: 9,429
Likes: 0
Received 2 Likes
on
2 Posts
If you've driven it that much and don't feel addicted yet, pass it on to Heinrich or somebody else (possibly John Kuhn would want it for his turbo project). If you are addicted and just here for some naysayers to talk you out of it, you're going to end up buying it.
#27
Race Car
Buy it.
It is about how much the car will be worth to you to enjoy. People do not budget $2,000 a year on vacations and expect to get their money out of it.
You should plan on a good $10,000 for any state of condition 928 to get to the end of what you are looking for in drivability and cosmetic condition. The thing is, you don't have to do everything at once. Get the car driveable, and begin enjoying it. Plan for and schedule the cosmetic issues.
If you cannot handle a $7,500 "vacation" spread over a couple of years, can you handle a $3,000 "vacation" on a $7,000 928? Sure, you will likely increase the resale value with the repairs a bit, but your decision is not a business decision, it is an emotional decision.
Parting out seems to be the only financially viable business decision on these cars these days - and it makes most of us weep. Keep it personal!
It is about how much the car will be worth to you to enjoy. People do not budget $2,000 a year on vacations and expect to get their money out of it.
You should plan on a good $10,000 for any state of condition 928 to get to the end of what you are looking for in drivability and cosmetic condition. The thing is, you don't have to do everything at once. Get the car driveable, and begin enjoying it. Plan for and schedule the cosmetic issues.
If you cannot handle a $7,500 "vacation" spread over a couple of years, can you handle a $3,000 "vacation" on a $7,000 928? Sure, you will likely increase the resale value with the repairs a bit, but your decision is not a business decision, it is an emotional decision.
Parting out seems to be the only financially viable business decision on these cars these days - and it makes most of us weep. Keep it personal!
#28
Rennlist Member
I think Jim Bailey put it best and to the point: "If you don't love it, you will hate it." I think both of those are progressive conditions, depending on how much time and money you have to "invest." Keeping in mind that $$ = time. If you don't have spare cash for the labor charge, you better enjoy the wrenching. I do wish Mathilde had the Viper's hinged hood/engine compartment that allows for complete access to engine. I'm guessing Porsche didn't do that b/c of weight/structure considerations. But I would never trade her.
#29
Man of many SIGs
Rennlist Member
Rennlist Member
928 = Repairs
Repairs = Time
Time = Money
Money = Root of all evil
Conclusion................ 928 = Evil
Repairs = Time
Time = Money
Money = Root of all evil
Conclusion................ 928 = Evil
Last edited by Fabio421; 06-15-2005 at 04:03 PM.
#30
928 Collector
Rennlist Member
Rennlist Member
I used to have another hobby that used to tell me money meant nothing to her. Yet somehow she was the biggest consumer of it. And in the end, somehow now it has become the only thing she ever talks to me about.