1987 928 S4 Auto $8k *new pics
#32
Race Director
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Originally Posted by Andrew Olson
With that damage, it's at best a $4k-$5k car IMHO.
Andrew is right.....the first thing potential buyers see is the need for bodywork....it tends to scare them away....kinda like what Jim says....
It seems you have this 928 pretty close to sorted out in terms of mechanics...but cosmetics can cost at least as much to repair! The way I see it you have two options:
1: keep driving it since it runs well.....hopefully through college...then buy a nicer 928 after you land your first good job!
2: Cut your losses and run...sell it for whatever you can get....buy a beater, something cheap and reliable like an older toyota pickup...get through school then buy a nicer 928 later (notice how this is in both options)
#35
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If this S4 had no body damage, with the milage, mechanicals up to date, known Rennlister owner & known previous Rennlister owner, wouldn't it typically be in the $10-13K range?? So a typical buyer looking for an S4 that had similar features/history/mechanicals, but NO body damage, should be looking in that price range.
If that buyer couldn't do their own body work, the concensus appears to be that a decent shop(not the best), would charge around $5k+/- for the repairs. That puts this one in the $5-$8k range at best, assuming a buyer would want to deal with the repairs. After the repairs, they'd end up having the same amount of money in the car that they could go out & pay for a similar S4 without having to deal with the hassels of a body shop. Most buyers looking to end up with the $10-$13k car would expect a further discount as an incentive for the hassel of having to get it repaired.
I had repair work worse than Ross's done on my son's Roush Mustang last year by the shop here in town that does the Porsche, Jaguar, Lexus & Mercedes dealer's cars and it was in that price range of cost. Very few would spend the money to have the top notch, best quality shop do the work on such an S4. Maybe one with 50k miles on it, but not one pushing 130k miles.
So this car would be more properly marketed to either someone who could do the work themself, know someone who'd do it for less $$, maybe just a lower quality shop, drive it as it is & not worry about it, or possibly to part it out even.
I'd try to hang on to this S4 as long as you can Ross before I'd sell it for below $5k. If you could trade it out for something more practical for you thats in a similar price then that would be good advice too. Or as some have said, drive it & keep it listed for sale. It could take some time & be flexible in your price. The 928 is a specialized market AND yours is in an even more specialized market within the 928 market due to the body damage. I'd think any offer above $5k would be worth you considering if you truly have to sell it.
There's an old saying, "Buyers don't have Vision", meaning, most buyers only see what they see, not what it could be. So, any cosmetic flaws many times cause buyers to not be able to look past them to the positives and many times the actual cost of curing those cosmetics have a multiplied negative effect upon the price.
Good Luck to ya Ross, one day you'll have another 928 if you sell this one!
If that buyer couldn't do their own body work, the concensus appears to be that a decent shop(not the best), would charge around $5k+/- for the repairs. That puts this one in the $5-$8k range at best, assuming a buyer would want to deal with the repairs. After the repairs, they'd end up having the same amount of money in the car that they could go out & pay for a similar S4 without having to deal with the hassels of a body shop. Most buyers looking to end up with the $10-$13k car would expect a further discount as an incentive for the hassel of having to get it repaired.
I had repair work worse than Ross's done on my son's Roush Mustang last year by the shop here in town that does the Porsche, Jaguar, Lexus & Mercedes dealer's cars and it was in that price range of cost. Very few would spend the money to have the top notch, best quality shop do the work on such an S4. Maybe one with 50k miles on it, but not one pushing 130k miles.
So this car would be more properly marketed to either someone who could do the work themself, know someone who'd do it for less $$, maybe just a lower quality shop, drive it as it is & not worry about it, or possibly to part it out even.
I'd try to hang on to this S4 as long as you can Ross before I'd sell it for below $5k. If you could trade it out for something more practical for you thats in a similar price then that would be good advice too. Or as some have said, drive it & keep it listed for sale. It could take some time & be flexible in your price. The 928 is a specialized market AND yours is in an even more specialized market within the 928 market due to the body damage. I'd think any offer above $5k would be worth you considering if you truly have to sell it.
There's an old saying, "Buyers don't have Vision", meaning, most buyers only see what they see, not what it could be. So, any cosmetic flaws many times cause buyers to not be able to look past them to the positives and many times the actual cost of curing those cosmetics have a multiplied negative effect upon the price.
Good Luck to ya Ross, one day you'll have another 928 if you sell this one!
#36
Man of many SIGs
Rennlist Member
Rennlist Member
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This car would be a great doner for someone looking to build an S-4 widebody. All of the damaged parts would have to be re-done anyway when doing the widebody.
Just a thought.
Good Luck Ross.
Just a thought.
Good Luck Ross.
#37
Nordschleife Master
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We need to stop "helping" whitefox so much, selling his car is his own business, and nobody needs this much constructive criticism. Boris found a buyer for his car, maybe Whitefox will too.
#38
Banned
Thread Starter
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A well know body shop quoted me ~1400 dollars to repair all the damage.
Another rennlister offered to do the work himself and charge me $850. I was on my way to have the car repaired by him a few weeks ago and my girlfriend was following me in a Geo Prizm I just bought and cut in front of a semi-truck and totalled the car, she walked away without a scratch thankfully.
Another rennlister offered to do the work himself and charge me $850. I was on my way to have the car repaired by him a few weeks ago and my girlfriend was following me in a Geo Prizm I just bought and cut in front of a semi-truck and totalled the car, she walked away without a scratch thankfully.
#39
Drifting
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Maybe it's just me, but I don't understand something. You have this car. It's paid for. It runs. It kind of looks like crap but it's paid for and it runs. I'm trying to figure out what you need money for. A lot of people sell think selling their car is the answer to their financial woes. That idea might work if they're making payments on a car. But then it opens a new can of worms called "how do I get around." Buying a $1K beater is a gamble. And you'll still retain many of the same expenses you would have regardless of the vehicle (i.e. insurance, gas, repairs.) You said you were willing to take a trade, so I'm guessing it's not money you need. Others have posted things like "sell it and get something practical." The most practical vehicle is one that is paid for and runs.
If you sell it you're going to get taken to the cleaners. Most buyer's are going to see it's been owned by a kid and make up their mind based on that. They're going to see the body damage and that will be it. I could buy it from you and for about $1K I could repair all the damage and repaint it. But that would entail me doing all the work myself. Most people are afraid of bodywork so they'll pay someone else.
I think you're jumping the gun here. When life becomes stressful a lot of people start making drastic changes in an effort to alleviate the stress as quickly as they can. They do this not realizing that the choices made under duress usually serve to compound the problems. In most cases the best thing to do is make as few changes as possible. I don't know what you paid for the car but honestly, with visible body damage, I wouldn't give you more then $5K for it. Personally, I'd drive it till the wheels fall off. That's the only way to get any sort of return on what you've put into it so far.
BTW, why did you stop driving it?
If you sell it you're going to get taken to the cleaners. Most buyer's are going to see it's been owned by a kid and make up their mind based on that. They're going to see the body damage and that will be it. I could buy it from you and for about $1K I could repair all the damage and repaint it. But that would entail me doing all the work myself. Most people are afraid of bodywork so they'll pay someone else.
I think you're jumping the gun here. When life becomes stressful a lot of people start making drastic changes in an effort to alleviate the stress as quickly as they can. They do this not realizing that the choices made under duress usually serve to compound the problems. In most cases the best thing to do is make as few changes as possible. I don't know what you paid for the car but honestly, with visible body damage, I wouldn't give you more then $5K for it. Personally, I'd drive it till the wheels fall off. That's the only way to get any sort of return on what you've put into it so far.
BTW, why did you stop driving it?