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928 for <$1000

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Old 01-20-2008, 11:46 AM
  #31  
heinrich
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LOL this thread was intended to be a discussion on the possibility of buying a sub-1k 928 that was not a POS ... now it's basically a repository for Craigslist ads.
Old 01-20-2008, 12:47 PM
  #32  
Sailmed
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Heinrich
Maybe not

IF - the guy in Tampa pays me enough to take that car - like 7 or 8 thousand - I might be able to come up with a $1,000 car....
Isn't that what the thread was all about
Yea haaaaaaa
Old 01-20-2008, 12:54 PM
  #33  
Landseer
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So, can we buy a solid non-pos for $1000?

If its not a pos, then its worth more than $1000.

So, will somebody sell one less than its value? Maybe occasionally, like anything else, if somebody doesn't know their potential value and/or doesn't care to know --- just wants it gone.

For me, its about an approximately fair exchange of value.

Sorry about the POS post from Maine, but what are you trying to get at?
Old 01-20-2008, 01:41 PM
  #34  
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I re-read the original post. Basic parts are awful high on these cars. In the last 4 months I've spend well-over $3600 in parts --- just the basic mechanical stuff for safe, reliable driving, and still need exhaust replacement. Haven't touched a bit of cosmetics. (my body is very straight, no serious accidents, no bondo found, and it has a respray that looks decent. I paid $4K and drove it home, but barely made it 17 miles home before pump failed. It sat 7 years in a PO's garage after being bought cheap from an auction )

Targeting a $1K car, into which only $1K of restoration parts will be used, is a great goal. But I think you will spend a lot of extra time and frustration in the hunt for the right car and salvaging parts extensively. Its definitely a low-percentage mission.

I'm overspent, but am really having a great time reviving this car. I'd do another in a heartbeat.

But our next one will be an S4 after we sell our inboard ski boat
Old 01-20-2008, 02:33 PM
  #35  
nosnow
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To make the car drivable total costs including car was $1500. Far from show quality but for a drivable, semi reliable and complete 928 it was cheap. Of course a year later after searching for cheap parts a 4 corner brake job, replacing aluminum ball joints, upper ball joints, tie rod ends, shocks, master cylinder, alignments and buying several new used set of tires the cost goes up dramatically.

Is there a cheap sub $1000 non-running 928? They are out there but they quickly become $$$$. I think Jim says it best... you'll spend 10K making a car worth 5K.

Can you buy a decent looking and reliable sports car of any make at this caliber for less than 3,000?
Old 01-20-2008, 02:41 PM
  #36  
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Chris,
It is unfortunate right now - and I say that as a multi car owner - but these cars can be found for $1,500 dollars - running. It is remenicent of the '63 327 chebby and Ford falcons when I was younger. They were the $50 beater when I was a kid, and there was little wrong with them. I used to buy them, get them running, and sell them as a kid - I sure wish I would have kept a few! Now take a look at thier price.
I look at the 928 as the same thing. I want as many as I can get in the shark cave while they can be found - they are a limited supply and I believe that they will go up in price soon. I don't mind being "928 poor" for awhile - I view it as an investment in futures
I started because I think it was the neatest car ever made - I still feel that way
I notice too that those of us who own the cars because we love them and enjoy working on them tend to be a fun crowd to be around and are fun to help keep them running with - those that buy them because they think they are getting a "cheap Porsche" and then find out different..... Well, you know, not my cup of tea, and I'll gladly take it off their hands
Old 01-20-2008, 06:12 PM
  #37  
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There was an episode of Top Gear where the challenge was for each of the presenters to go out and buy the best Porsche they could find for no more than $1500 (I think that was the limit). One of the guys showed up with a 928. It was in sad shape, but it ran.
Old 01-20-2008, 06:18 PM
  #38  
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David I think it was 1500 pounds ... it really didn't run very long at all.
Old 01-20-2008, 06:19 PM
  #39  
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I've got an '81 in the driveway that cost $500.00. Now, it has not run yet. I've pulled the gas tank to fix a leaking seal and replace the hoses. Nice thing about this purchase was it came with a buttload of extra parts, enough that we could resell just the parts and get the purchase price back. So you could say that this car was almost free. The interior has been redone, although it was not a Paul Champaign redo, it's "decent"...sort of.

The engine is very dry, looks great visual wise and did run up until a few months ago. Body is damn near perfect except the front bumper is off and needs paint. It's had a respray, no side moldings or sunroof. I'm thinking that with a couple 100 bucks (not counting bumper paint) that this will be a good car.

Oh, new tires too.
Old 01-20-2008, 06:32 PM
  #40  
tommytomaso
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The purchase price is usualy the cheapest part.....lol
but i think with carefull planing it would be possible to find two 928's for around 500 each and make one car drivable...but that putting in lots of hours.
Old 01-21-2008, 12:53 PM
  #41  
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Originally Posted by Landseer
So, can we buy a solid non-pos for $1000?

If its not a pos, then its worth more than $1000.

So, will somebody sell one less than its value? Maybe occasionally, like anything else, if somebody doesn't know their potential value and/or doesn't care to know --- just wants it gone.

For me, its about an approximately fair exchange of value.

Sorry about the POS post from Maine, but what are you trying to get at?
Originally Posted by tommytomaso
The purchase price is usualy the cheapest part.....lol
but i think with carefull planing it would be possible to find two 928's for around 500 each and make one car drivable...but that putting in lots of hours.
I'm in
Someone set some ground rules here
I think we need to come up with a trophy for who gets it done the cheapest



This morning I bought another '83 auto - I paid $700 for it
I saw this car driving around St Pete last year - now he say's he can't get it started and doesn't want to deal with getting it towed, he bought a Toyota.
I think it might be the best to turn into a DD for under $1,000.
I'm into the project already.

I'll let you know how this goes -

PS
Heinrich.......
You might not want to stop by my place for awhile LOL
I told the wife YOU STARTED THIS
Old 01-21-2008, 12:58 PM
  #42  
Leon Speed
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Stop it. Now I'm thinking about getting a cheap fixer upper too..but I dont have the space or time....hmmm a track car
Old 01-21-2008, 01:58 PM
  #43  
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I like this new sport. Wife says my son & I can do another 928, but its got to be auto.

Meanwhile, Go Mike, Go!
Old 01-21-2008, 02:27 PM
  #44  
blown 87
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A $1,000 car will soon turn into a much more expensive ride, ask me how I know.
Old 01-21-2008, 08:31 PM
  #45  
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Default Ok Man, I'm asking..,.

Ok previous poster, I am asking. Let's here your story.... I am thinking about getting a project 928 this year...

As a project car, it doesn't have to run or look good, but it certainly would be nice.


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