Notices
928 Forum 1978-1995
Sponsored by:
Sponsored by: 928 Specialists

Price I paid?

Thread Tools
 
Search this Thread
 
Old 10-05-2010 | 02:48 PM
  #16  
calrcm's Avatar
calrcm
Advanced
 
Joined: Aug 2007
Posts: 86
Likes: 0
From: South Jersey
Default

1+. Buy it cause you like it, drive it like you stole it and enjoy!
Old 10-05-2010 | 02:49 PM
  #17  
SeanR's Avatar
SeanR
Rennlist Member
 
Joined: Apr 2006
Posts: 35,700
Likes: 503
Default

I want an Audi GT again...............Preferably Eur Quat.
Old 10-05-2010 | 04:05 PM
  #18  
anonymousagain's Avatar
anonymousagain
Rennlist Member
 
Joined: Nov 2005
Posts: 861
Likes: 1
From: NorCal - Bay Area
Default

The price seems very good, imho. My friend looked for a while to find a clean S4 ~100k similar to yours, with most in the $11k - $16k range.

Think of it this way - as long as a person doesn't clearly pay too much and they like the car...it is a good deal. It's just the price for admission anyway, so if it was an acceptable amount in order to get into the amusement park, excellent, now you're in so enjoy your time!

Welcome!!
Old 10-05-2010 | 05:06 PM
  #19  
safulop's Avatar
safulop
Thread Starter
Rennlist Member
 
Joined: Sep 2010
Posts: 1,376
Likes: 2
From: Fresno, CA (summer in Calgary)
Default

OK, thanks for sharing opinions.

I appreciate the desire for pictures, I apologize for my lack of photo ability at the moment. I will do another thread in the future where I show it off properly.

I have owned an old 944 for 11 years, and this 928 is intended to be its replacement, so I am well aware of the "liabilities" of owning an old Porsche. The 944 has cost me around $3000 per year in maintenance, which makes about $33,000 dollars--quite a bit.

The main reason I am concerned about overpaying is that, in order to cover this car for damages, my insurance company requires an appraisal. Obviously if it appraises for less than what I paid, I am underwater immediately, which is less than exciting.

-Sean
Old 10-05-2010 | 05:50 PM
  #20  
danglerb's Avatar
danglerb
Nordschleife Master
 
Joined: Oct 2006
Posts: 8,575
Likes: 3
From: Orange, Cal
Default

Reality and appraisal have no connection, and generally insurance won't scratch the surface of what you "invest" in a 928.
Old 10-05-2010 | 05:56 PM
  #21  
Speedtoys's Avatar
Speedtoys
Rennlist Member
 
Joined: Sep 2010
Posts: 13,582
Likes: 1,034
From: Boulder Creek, CA
Default

Originally Posted by safulop
OK, thanks for sharing opinions.

I appreciate the desire for pictures, I apologize for my lack of photo ability at the moment. I will do another thread in the future where I show it off properly.

I have owned an old 944 for 11 years, and this 928 is intended to be its replacement, so I am well aware of the "liabilities" of owning an old Porsche. The 944 has cost me around $3000 per year in maintenance, which makes about $33,000 dollars--quite a bit.

The main reason I am concerned about overpaying is that, in order to cover this car for damages, my insurance company requires an appraisal. Obviously if it appraises for less than what I paid, I am underwater immediately, which is less than exciting.

-Sean
$3k/yr in normal maintenance for a device that doesnt fly, is not natural.

Old 10-05-2010 | 07:17 PM
  #22  
safulop's Avatar
safulop
Thread Starter
Rennlist Member
 
Joined: Sep 2010
Posts: 1,376
Likes: 2
From: Fresno, CA (summer in Calgary)
Default

Well, I could have gotten away with a lot less in 944 costs, but I have high standards when it comes to Porsches. If it doesn't look great and run even greater, what's the point?

-Sean
Old 10-06-2010 | 02:46 PM
  #23  
James Bailey's Avatar
James Bailey
Addict
Lifetime Rennlist
Member
 
Joined: Feb 2009
Posts: 18,061
Likes: 8
Default

Originally Posted by Speedtoys
$3k/yr in normal maintenance for a device that doesnt fly, is not natural.

You have much to learn, Grasshopper......
Old 10-06-2010 | 03:47 PM
  #24  
auzivision's Avatar
auzivision
Drifting
 
Joined: Jun 2006
Posts: 2,707
Likes: 73
From: Indianapolis Area
Default

Originally Posted by Speedtoys
$3k/yr in normal maintenance for a device that doesnt fly, is not natural.

Ok, $3k in maintenance might not be normal, but $3K for maintenance and repairs is about average. Some years more, some years less but over the long haul within one standard deviation. Oh yeah, upgrades are an entirely different line item.

These are all expenses rather than investments, but the rate of return (smiles per dollar) is fairly high!
Old 10-06-2010 | 03:59 PM
  #25  
GregBBRD's Avatar
GregBBRD
Former Vendor
 
Joined: Feb 2005
Posts: 15,230
Likes: 2,481
From: Anaheim
Default

Since you can easily spend 20K bringing a car back into good condition, the price you pay makes no difference, at all.

Any paint job worth considering will be over 5K...so if it has good paint, you saved that expense.

15K left to go...
Old 10-06-2010 | 10:53 PM
  #26  
EMan 928's Avatar
EMan 928
Three Wheelin'
 
Joined: Oct 2006
Posts: 1,499
Likes: 111
From: Oakland, MI
Default

I paid way north of that for my 87 5 speed, but I wanted to buy a car that was in great shape. Like many on this board suggest, I think it's worth it to pay more up front for a well cared for car.
Old 10-06-2010 | 11:28 PM
  #27  
Landseer's Avatar
Landseer
Rennlist Member
 
Joined: Sep 2007
Posts: 12,155
Likes: 371
From: Johnson City, TN
Default

The 42K mi one? That was a new car for all practical purposes.
Old 10-06-2010 | 11:45 PM
  #28  
Speedtoys's Avatar
Speedtoys
Rennlist Member
 
Joined: Sep 2010
Posts: 13,582
Likes: 1,034
From: Boulder Creek, CA
Default

Originally Posted by James Bailey
You have much to learn, Grasshopper......

-Normal- maintenance? I can grok the 'catch up' or 'make prettier', and even 'consumables'...but, $3k/yr on a sorted car?
Old 10-06-2010 | 11:52 PM
  #29  
Landseer's Avatar
Landseer
Rennlist Member
 
Joined: Sep 2007
Posts: 12,155
Likes: 371
From: Johnson City, TN
Default

There is always something that crops up on these old things. Figure half a car payment a month.
Old 10-06-2010 | 11:58 PM
  #30  
Speedtoys's Avatar
Speedtoys
Rennlist Member
 
Joined: Sep 2010
Posts: 13,582
Likes: 1,034
From: Boulder Creek, CA
Default

Originally Posted by Landseer
There is always something that crops up on these old things. Figure half a car payment a month.

ERROR: DIV/0

A ghost of departed quantities...


Quick Reply: Price I paid?



All times are GMT -3. The time now is 03:18 PM.