ppi done.needs alot.is it worth it?
#16
Addict
Rennlist Member
Rennlist Member
As Andrew noted on the very first post, there's no such thing as a good deal.
Pay now or pay later.
Pay now or pay later.
#17
Rennlist Member
thats only the tip of the iceberg.broken front swaybar mount,no air,brackes sticking and possible noise in rear end are a few more of the bigger items,then there is a ton of small stuff.
Last edited by Jim M.; 08-16-2010 at 08:38 PM. Reason: correct typing
#19
Nordschleife Master
Coolant leaks? Oil leaks? Transmission shift ok?
In addition, at that mileage, and with the apparent lack of maintenance, I can pretty much guarantee that beyond fixing the sway bar and brakes, and basic fluid/filter changes, ground cleaning and timing belt replacement, it also needs:
- New cam gears, oil pump gear (unless they've been done in the last 50k miles)
- Timing belt tensioner rebuild
- Replace all rubber in the engine bay (fuel lines, coolant lines, intake gaskets, oil breather hoses under the manifold)
- Replace: knock sensors and throttle switch, and possibly: idle valve, hall sensor
- Repair MAF and Crank Position Sensor wiring
- Engine mounts have collapsed and need replacing
- Torque tube bearings noisy and need replacing
- Diagnose and replace leaking vacuum diaphragms in the comb flap and recirculating flap, plus possibly others (those two seem to fail first, other than the easy-to-get-to heater valve)
- Replace all four shocks
Does the clutch slip? At that mileage, its entirely possible the car is on its *original* clutch, which means you're in for $1300 worth of clutch kit (full kit, plus newer style teflon-lined guide tube and release arm). My '89 was on its original clutch at 150k miles, and slipping badly. I've driven 928's on original clutch at 120k miles that were fine.
Your $7k GT is up for costing around $20k by the time you've covered the minimum $5k worth of parts costs, plus tires, cheap paint job, and thats assuming you do your own wrenching for all the mechanical/electrical work. And then you'll likely still have a 150k mile GT thats only worth around $18k on a good day due to the mileage.
Seriously, you've been around here long enough.. just sit tight and buy a car off a Rennlister. Edco's '88 5-speed came up before you knew what a deal it was.. but there will be other late 5-speeds sold by enthusiasts that are better maintained and will have a lower net cost. Giovanni's '89 5-speed is likely a better deal than the car you're looking at currently.
Long-term, a GT will be worth more, but the $$ curve to get this one up to scratch is going to be painful
#20
Burning Brakes
Join Date: Oct 2008
Location: Palo Alto, CA
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If it's missing that much, it might make a track car, since you'd redo the suspension and pull out the AC and everything else anyway. If you want a 928 education, get the car, but it will cost you a ton to get running properly. You will certainly know the car like the back of your hand, just be aware that you won't be driving it for quite a while unless you have a ton of free time to work on it
#21
Nordschleife Master
$7k GT I think I would start with, is it really a GT or an S4 5 spd, does it still have a GT motor and transmission.
OTOH I don't buy cars that need paint except as parts or track cars.
OTOH I don't buy cars that need paint except as parts or track cars.
#23
Race Car
FOUND YOUR CAR:
http://item.ebay.com/280549616875
Have Captain Earl give it a PPI.
Squirter block and folding wing based on low VIN.
If you don't grab it-someone here will!
Michael
http://item.ebay.com/280549616875
Have Captain Earl give it a PPI.
Squirter block and folding wing based on low VIN.
If you don't grab it-someone here will!
Michael
#24
thats the car i had a deposit on a few weeks ago.guy told me there was nothing wrong except the clutch.then all of a sudden it was in the shop getting all kinds of odometer repair done.
#25
Nordschleife Master
He was repairing it on his own dime after you'd paid a deposit? Sounds reasonable. The odo gear is a very common failure.
As long as the carfax and autocheck mileages checked out, and the condition of the interior/exterior is decent, it shouldn't matter, to you or to future value.
As long as the carfax and autocheck mileages checked out, and the condition of the interior/exterior is decent, it shouldn't matter, to you or to future value.
#26
Drifting
To me, no car that needs painting is worth it because that is so expensive to have done and I know it's not something I can do myself. I’ve heard stories of people spending over $10K on paint and not happy with the results and others who have paid less than $5K and are perfectly pleased. It probably comes down to how much prep one does themselves and how picky they are with the end product.
I'd personally, rather have a car that looks decent inside and out that runs okay with good compression and endplay. Everything else is fixable or updateable by an average weekend tool wrench. If you are not intending to do repairs, maintenance, or update yourself then it’s is probably best to look for one that is well sorted out. If you don’t mind wrenching yourself, it can be a very rewarding process.
I'd personally, rather have a car that looks decent inside and out that runs okay with good compression and endplay. Everything else is fixable or updateable by an average weekend tool wrench. If you are not intending to do repairs, maintenance, or update yourself then it’s is probably best to look for one that is well sorted out. If you don’t mind wrenching yourself, it can be a very rewarding process.
#27
no,that was fishy.if he told me up front would have been different.if the odometer broke at 98k how are you gonna know true milage?he could have drove 50k while it was broken.plus i couldn't get a staight answer on whether the ac worked."it did the last time i tried it "doesn't cut it.
#30
Three Wheelin'
Join Date: Feb 2009
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[IMHO]
Unless it has a seriously rare options list I would wait on a better deal.. people selling cars here and on Pelican all the time.
And try to avoid the frankensharks that also pop up. Just save $$ and be patient.
A real good deal will come by, and you will just need to be ready to 'strike'