Poll; What do you have into your 928 in $ & What do you think you could sell it for?
#31
Nordschleife Master
I've had 4 928's and each is wildly different from the others.
81 AT bought from a dealer for $24k, put about $4k into things it didn't need, traded it in perfect condition back to a dealer for $18.5k and leased a new 944T.
83 5spd bought for $3k, first service was $5k, which made it safe to drive, but didn't touch the motor or transmission. Around another $5k for stereo, timing belt service, and some paint with new seals etc. I have a rebuilt transmission and a new set of Bilsteins waiting to go in, and I am building a hybrid motor, but none of those costs are included or even figured out yet. $25k total might be a fair guess, and I would sell a kidney before selling this car.
84 Euro S AT, paid $2750 off ebay as a does not run charity donation car. Motor was pulled, timing belt done, and its now in my 85 Euro S 5 spd. Various parts sold, still sitting in my garage for the last bits to come off and then it goes to the crusher.
85 Euro S 5 spd, paid $2000 with a timing belt fail motor. Sold the motor, dropped in motor from my 84, and commenced to pouring in money. Car is straight, but rough, interior leather badly shrunk, but obvious signs of care from previous owners (aircraft grade rivets holding the spoiler together). Current plan is to strip and make it a street legal track car. keep or sell will depend on how much I like racing it.
81 AT bought from a dealer for $24k, put about $4k into things it didn't need, traded it in perfect condition back to a dealer for $18.5k and leased a new 944T.
83 5spd bought for $3k, first service was $5k, which made it safe to drive, but didn't touch the motor or transmission. Around another $5k for stereo, timing belt service, and some paint with new seals etc. I have a rebuilt transmission and a new set of Bilsteins waiting to go in, and I am building a hybrid motor, but none of those costs are included or even figured out yet. $25k total might be a fair guess, and I would sell a kidney before selling this car.
84 Euro S AT, paid $2750 off ebay as a does not run charity donation car. Motor was pulled, timing belt done, and its now in my 85 Euro S 5 spd. Various parts sold, still sitting in my garage for the last bits to come off and then it goes to the crusher.
85 Euro S 5 spd, paid $2000 with a timing belt fail motor. Sold the motor, dropped in motor from my 84, and commenced to pouring in money. Car is straight, but rough, interior leather badly shrunk, but obvious signs of care from previous owners (aircraft grade rivets holding the spoiler together). Current plan is to strip and make it a street legal track car. keep or sell will depend on how much I like racing it.
#32
Burning Brakes
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I figure I've spent twice what it would sell for but it still adds up to less than half of what it would cost to purchase an equivalent replacement if I chose a different make of car....so I've spent less than half as much as it is worth!
So with the money I just saved I should get an all new leather interior and a two post lift!!
I wonder if the wife will buy into that?
So with the money I just saved I should get an all new leather interior and a two post lift!!
I wonder if the wife will buy into that?
#33
Range Master
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I have 70 grand in Gretch and worth EVERY penny. IF I were to sell it I wouldn' take a nickle less than 25 grand, but truth is I would rather be burried in it.
Finest automotive hardware I have ever owned and I have been blessed to have some nice stuff.
As an alternative example, I have a 74 TR6 that had a body-off restoration. The car was prox $2,500 new. There has been $40+ put into it in the last 10 years....
The shark was $88k brand new, I bought it in 92 for $44k and the rest is history.
BTW it had 10k miles on it when I purchased it.
I ain't selling it!!!!
Finest automotive hardware I have ever owned and I have been blessed to have some nice stuff.
As an alternative example, I have a 74 TR6 that had a body-off restoration. The car was prox $2,500 new. There has been $40+ put into it in the last 10 years....
The shark was $88k brand new, I bought it in 92 for $44k and the rest is history.
BTW it had 10k miles on it when I purchased it.
I ain't selling it!!!!
#34
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We've purchased 5 over the past 7-8 years, and driven 4 of them (one was purchased as a wreck for the engine and drive train, which went into the 85 Euro). I know, without adding up receipts, based on a casual running tally I have been keeping in my head over the years, that purchase of the 5 amounted to about $30k total, and with what we have put in, the total number spent is easily over $80k amongst the 4 drivers. That number is probably a lot more but I refuse to think about it any futher.
And, though it is impossible to say anymore which of the cars have what, as parts have been swapped back and forth so many times over the years, the expensive one, being Kevin's supercharged one, definitely has the bear's portion of that investment.
Would never sell any of them, and certainly wouldn't consider current market value as a reasonable assessment for any of them.
And, though it is impossible to say anymore which of the cars have what, as parts have been swapped back and forth so many times over the years, the expensive one, being Kevin's supercharged one, definitely has the bear's portion of that investment.
Would never sell any of them, and certainly wouldn't consider current market value as a reasonable assessment for any of them.
#36
Vegas, Baby!
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Underdog nailed it. The cars are fun, and it has never been about money. It's the enjoyment we get from them. The real question is how much you've spent on the old lady, and I'll bet she's still bitching it ain't enough. And how much do they squeel when your not spending it on them? Wives dont want you to be happy, if it isn't them that make you happy. They all figure that a wife is all you need.
I got my cars and scooters to **** mine off. And does it ever. You would figure after 40 years, she'd give up. Never gonna happen.
I got my cars and scooters to **** mine off. And does it ever. You would figure after 40 years, she'd give up. Never gonna happen.
#37
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Lets do the last three, as the first one's numbers suck.
$6900 total purchase for 3, FOB driveway. (84,5,6 autos)
$4000 parts.
$2500 more needed.
300 hours.
OK. 1st one, 4500, 6500, 3000 more needed. 1000 hours. Bad buy. Still, drive it every day. Nasty fast. (84 5spd)
Never will give up. Love them too much.
$6900 total purchase for 3, FOB driveway. (84,5,6 autos)
$4000 parts.
$2500 more needed.
300 hours.
OK. 1st one, 4500, 6500, 3000 more needed. 1000 hours. Bad buy. Still, drive it every day. Nasty fast. (84 5spd)
Never will give up. Love them too much.
Last edited by Landseer; 08-05-2009 at 07:42 AM.
#38
Chronic Tool Dropper
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I'm in mine for about what a new Accord cost the year I bought it. I've spent about the same on it as an Accord m ight have cost for regular maintenance stuff. Today it's probably worth more than when I bought it. The Accord? Um, less.
Few cars in history have been good investments. Take almost any rare car from the '60s for instance, and it's very easy to demonstrate that you would heve been better off with your money in real estate or in the equities market. Yes, we oooh and aaah over genuine original 289 AC Cobra. But we forget that it cost about 25% of the cost of a home in my parents' neighborhood when it was new. It's worth about 5% of the same home now, give or take. Of course, driving the Cobra as a DD would be priceless, and if maintained well probably would only cut that remaining value in half, right? Folks still live in that house. It's their DD.
Few cars in history have been good investments. Take almost any rare car from the '60s for instance, and it's very easy to demonstrate that you would heve been better off with your money in real estate or in the equities market. Yes, we oooh and aaah over genuine original 289 AC Cobra. But we forget that it cost about 25% of the cost of a home in my parents' neighborhood when it was new. It's worth about 5% of the same home now, give or take. Of course, driving the Cobra as a DD would be priceless, and if maintained well probably would only cut that remaining value in half, right? Folks still live in that house. It's their DD.
#39
Nordschleife Master
#41
Nordschleife Master
IMHO no other car does what the 928 does, but I disagree about it not being partially about money. Despite all the moaning that goes around here, the 928 is insanely cheap for what it offers.
It is rare, a unique classic and timeless design, and one of the most beautiful cars ever made.
It is one of the fastest cars ever made, with potential options that will rival even current silly super cars.
It is one of the most comfortable, easiest long distance driving cars ever made.
It is well made, both durable and restorable to near original condition.
It has good support, with development work still going on to improve it.
We shouldn't be complaining even if the cost was $50k for an average 928.
It is rare, a unique classic and timeless design, and one of the most beautiful cars ever made.
It is one of the fastest cars ever made, with potential options that will rival even current silly super cars.
It is one of the most comfortable, easiest long distance driving cars ever made.
It is well made, both durable and restorable to near original condition.
It has good support, with development work still going on to improve it.
We shouldn't be complaining even if the cost was $50k for an average 928.
#42
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#44
Range Master
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You heard wrong.....