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Old 07-27-2010, 02:30 PM
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James Bailey
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Default restoration costs

I am sure many of you know my "$10,000 away from being a $5,000 car" I lifted a quote from Chris M. on another thread ...."The previous owner of my car was really meticulous and had literally $19,700 in receipts from 2 1/2 years of restoration - and yes he went over board replacing evey little sensor and mechanical peice he could. But even at that, my car still needs the Paul Champaigne treatment "... restoring cars always ends up costing far far more than the owner ever expects or intended. Usually best to buy one AFTER someone else has spent the big money !
Old 07-27-2010, 02:35 PM
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Randy V
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Old 07-27-2010, 02:39 PM
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tlsmith1999
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It is a bad idea to get in to restoring one from the point of view of cost and resale value. Much better to look at it as cost to enjoyment or cost to contentment. At least that is what I tell myself every time I pick up the phone to order another part for a car that I have already spent more on than it is worth.
Old 07-27-2010, 02:57 PM
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thal
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Usually best to buy one AFTER someone else has spent the big money !
So Jim, when you're ready to dump your pathetic, delapidated, broken down, rust bucket, money pit of a 928. after that final "straw that broke the camels back" nit-picky bill for parts raises it's ugly head, i'll be glad to take it off your hands for a reasonable price.

seriously though, i've had to look at it like the cost of any hobby. i'm sure you're there, not trying to preach to the choir or anything.

hope the interior comes out just the way you like it.

Keith
Old 07-27-2010, 03:14 PM
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Iwanna928
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Some people play cards, gamble, go to the track, throw money around in clubs, chase women all night,spending 1000's on substances they shouldn't all in the name of having fun. Since I fall into this category, the money I spend in my old age on a 928 is possibly the smartest thing I have ever done!
Old 07-27-2010, 03:34 PM
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S4ordie
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Define "restoration".
Old 07-27-2010, 03:39 PM
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danglerb
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Dan, Restoration is what you passed about $20k ago.
Old 07-27-2010, 03:49 PM
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polecat702
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A cocktail in any of the casino bars in Vegas, is $9.00, give or take $.50. Two or three drinks with a lady friend, or boys night can easily cost 60 to 100 dollars.
I don't drink in bars, only at home. The money I save partying, I spend on my toys. And I've something that lasts.
Old 07-27-2010, 03:53 PM
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jeff spahn
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you get something that lasts with drinking. a hangover. they never seem to go away
Old 07-27-2010, 04:06 PM
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jleidel
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...but there are worse things to restore. An office friend is restoring a "gently used" Ferrari 308. One word: "ouch"
Old 07-27-2010, 04:06 PM
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polecat702
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Thats only if you drink cheap booze.
Dan's cars are museum quality, way beyond restoration. Better than new.
Old 07-27-2010, 04:16 PM
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borland
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Mis-management of costs will break any project.

What ever happened to BC and the Leroy loaner car?
Old 07-27-2010, 04:17 PM
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Marine Blue
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Originally Posted by James Bailey
I am sure many of you know my "$10,000 away from being a $5,000 car" I lifted a quote from Chris M. on another thread ...."The previous owner of my car was really meticulous and had literally $19,700 in receipts from 2 1/2 years of restoration - and yes he went over board replacing evey little sensor and mechanical peice he could. But even at that, my car still needs the Paul Champaigne treatment "... restoring cars always ends up costing far far more than the owner ever expects or intended. Usually best to buy one AFTER someone else has spent the big money !
Hence my asking price of $36K for the GT.
Old 07-27-2010, 04:17 PM
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tv
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I don't think any 928 should be bought with the intention of ever selling it. There are way too many better choices for basic transportation. Buy the right one in the first place. A low mile GTS if you want all the work done for you or one of the other models that suits your preferences if you want a hobby. Slowly but surely fix and restore it to the level you want and then enjoy it forever.

A top notch 928 is better than anything else on the road (in standard production) imo and you would need to spend 6 figures to get anything close to a 928 in all categories. A V8V is 130K and does not have the presence of a nice 928. (see khaled)

I personally find the 928 shape timeless and near perfect, add in wheels, new paint if needed, new interior if desired, kuhn, murf, ggray, or stroker engine power, brake and suspension upgrades and what more do you want.

Most other approaches are usually a bad thread waiting to happen.
Old 07-27-2010, 04:18 PM
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soupcan
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Compared to Manicures, Pedicures, Massage's and Hair Coloring, 928's are cheap to restore/maintain.


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