Originally Posted by docmirror

It's like we all say, the deferred mx tells the story. This example is a good teaching moment for new 928 buyers. When the car will not run, someone asks $6k for it, thinking it's a $110 fix. The final repair bill just to make it move under it's own power is prolly over $1000. Now, it's running, but the AC won't work. Well, it left the factory with a working AC and that's something that most of us would require in a touring car. Again, the seller thinks it's only a $80 part away from working perfectly. The reality is that to get the 928 AC working right usually again comes in near $1000. The head unit has to be modified, the leaks need to be addressed, new compressor, dryer, maybe the blower resistors, front fans and controller, then fill it with R-12, or go for the conversion and spend as much or more.

That's why these cars need to be in the hands of DIY kind of people. Greg could fix all the stuff on a 928, but the final price would be so high as to make it a waste of time and money. It'll never recover the market value.

I love buying up these old, neglected cars. They usually have good 'bones' to start with, but need a lot of small love in many different areas. Once you do all that work, you've got a nicely sorted semi-vintage, almost super car. The key is to buy it right. Even at $7k, unless every bit of labor is done by the new owner, it quickly gets way too expensive to bother with. And Greg will quickly tell you that we absolutely shouldn't be working on our own cars, cause all we do is screw them up worse!