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Should I try CPR??? - long post warning -

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Old 03-31-2014, 07:35 PM
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ekistler
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Default Should I try CPR??? - long post warning -

Hi All,

So I've been lurking here for a while and finally got the "OK" from the wife to start looking for a 928 to restore. I found one close to home but, she's kinda rough **cough**.

So I'm hoping some kind individuals here could give me some guidance.

Here's the craigslist posting...
http://phoenix.craigslist.org/nph/cto/4357000537.html
VIN: WP0JB0928FS860406

I went to take a look at her on Sat. and here's what I found...

- Interior is completely clapped out... Only things that don't need recovered, re-carpeted or sent to a watery grave are the gauges, gear shifter and the seat frames (both seats' power options appear to still work).

- body is decently straight. No rust that I could find top or bottom. One small dent on drivers door. As you can see, AZ sun has torched the paint. (as well as the rear spoiler).

- lights and sun roof function though the sun roof is tired/slow.

- front spoiler is cracked in half on pass side.

- engine starts easily and runs smoothly. I didn't hear any noises that would indicate the torque tube is loaded up on the flex plate but, I'm not an expert by far...

- transmission runs and shifts but it's slow to shift from P-D-R and so on... 4-6 secs between changes with associated clunking.

- tires are new and wheels look very good....

Guy seemed honest and he stated that the car was from an estate sale. He picked it up and jammed it in storage for a year and realized he doesn't have time for it. Has some paperwork from the original owner. Apparently the 1st owner ran over a rock (boulder?!?!?!) and crushed the bottom end which resulted in a $8500 engine replacement with another DOHC engine. After talking to him it seems I could seal the deal between $2k - 2.5k...

Obviously, this would be a long term project/excuse to hang out in the garage and play with my tools...

What do you think? Does this car look like it's too far into the dumpster to put time into it for this price???

Thanks in advance. Eric
Old 03-31-2014, 07:40 PM
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uncre8tv
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Do it. Paid $5k for an '89 5spd in similar shape (my interior is a bit better.) Sure it will cost you a fortune and take up every spare moment of your time. But, that's what you're buying a cheap one for. Imagine how frustrating it would be to pay for a clean one and still spend all that time and money?
Old 03-31-2014, 07:52 PM
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Avar928
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Depends on what you want out of the 928. This will be a long haul project and take considerable time and money. Factor that in. I say rescue it if you have the resources to do so. Otherwise it may make a nice parts car if you can get it for cheaper.
Old 03-31-2014, 08:02 PM
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seems like a very good entry level price for a driver/restore project @ 3K, since you've been lurking, you have an idea of what to look for. Car appears too nice to part out. Save the interior for last, get the mechanical stuff sorted out first. Trany shift delay could be as simple as low on fluid. If I had the means, I would buy this car.
Old 03-31-2014, 08:05 PM
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syoo8
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Keep in mind that the paint is the most expensive "part" on the car. If you are okay with the paint like that, then I'd say go for it, but know that a top-class paint job is well into the 5 figures (there are many threads on painting a 928, it is a sticky subject.)

If it helps, I paid less than $4K for my '86, and the paint is very very good on it. I did replace all the carpeting and had the dash, pod, and console covered in leather (which was extra of course.)
Old 03-31-2014, 08:42 PM
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Mongo
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Originally Posted by syoo8
Keep in mind that the paint is the most expensive "part" on the car. If you are okay with the paint like that, then I'd say go for it, but know that a top-class paint job is well into the 5 figures (there are many threads on painting a 928, it is a sticky subject.)

If it helps, I paid less than $4K for my '86, and the paint is very very good on it. I did replace all the carpeting and had the dash, pod, and console covered in leather (which was extra of course.)
Let's not forget rubber trim. Some of the trims such as the quarter glass can cost some $$$$. I found trim the biggest nuissance in restoration next to repainting.
Old 03-31-2014, 09:10 PM
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Wisconsin Joe
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Well, the question is "What do you want out of if?"

If you've been lurking, you should already know that it's a pretty solid rule that the most expensive 928 to own is usually the cheapest to buy.
General rule is to get the best car you can find/afford. It's cheaper in the long run.

Specifics:

Paint is usually the most expensive to fix. $10k for a decent respray isn't unusual. It's also one of the hardest to do yourself, unless you already know how.
Wraps are becoming more popular and better quality, but are still going to run $3k-$4k.

Interior is often the 2nd most expensive, and almost as hard as paint to DIY. But some of it can be done with some effort, practice and proper tools (look up the DIY Dash Recover for an example).

Front spoiler runs about $400 or so. If the spoiler is trashed, the grill often gets broken too. It's attached at the bottom. Parts to repair it are available from the usual suspects. It comes in pieces, and you can replace just the parts that are broken.

And none of the above are essential to drive the car (you do need a driver's seat, but a seatcover will do for a start). Are you willing to have a car that is a ton of fun to drive, but may not look very good?

The tranny issues are troubling, but if it isn't slipping, then a fluid change (filled to the proper level), proper vacuum to it, and a properly adjusted Bowden cable will often do wonders.

You have to consider it an investment of time and money that will not give you a financial return, but will pay out in the joy of driving it and owning it.
You have to realize that you can easily put $10k into it, but still have a car worth about $5k.

These are the questions you have to answer.
I got a car that runs pretty good, has a mostly good interior (dash recover is on the list) and has an exterior that has a multitude of scratches and small (one bigger) dents. I have done a lot of stuff on it, one thing at a time. Usually searching out how to on here.

It doesn't look great, not up close, but it drives wonderfully. That's what I am after.

You have to decide what you want.

This car may fit what you want, or it may not.
If you think it is, get a good PPI done to check out the engine and tranny.
Old 03-31-2014, 09:20 PM
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Originally Posted by Wisconsin Joe
Well, the question is "What do you want out of if?"

If you've been lurking, you should already know that it's a pretty solid rule that the most expensive 928 to own is usually the cheapest to buy.
General rule is to get the best car you can find/afford. It's cheaper in the long run.

Specifics:

Paint is usually the most expensive to fix. $10k for a decent respray isn't unusual. It's also one of the hardest to do yourself, unless you already know how.
Wraps are becoming more popular and better quality, but are still going to run $3k-$4k.

Interior is often the 2nd most expensive, and almost as hard as paint to DIY. But some of it can be done with some effort, practice and proper tools (look up the DIY Dash Recover for an example).

Front spoiler runs about $400 or so. If the spoiler is trashed, the grill often gets broken too. It's attached at the bottom. Parts to repair it are available from the usual suspects. It comes in pieces, and you can replace just the parts that are broken.

And none of the above are essential to drive the car (you do need a driver's seat, but a seatcover will do for a start). Are you willing to have a car that is a ton of fun to drive, but may not look very good?

The tranny issues are troubling, but if it isn't slipping, then a fluid change (filled to the proper level), proper vacuum to it, and a properly adjusted Bowden cable will often do wonders.

You have to consider it an investment of time and money that will not give you a financial return, but will pay out in the joy of driving it and owning it.
You have to realize that you can easily put $10k into it, but still have a car worth about $5k.

These are the questions you have to answer.
I got a car that runs pretty good, has a mostly good interior (dash recover is on the list) and has an exterior that has a multitude of scratches and small (one bigger) dents. I have done a lot of stuff on it, one thing at a time. Usually searching out how to on here.

It doesn't look great, not up close, but it drives wonderfully. That's what I am after.

You have to decide what you want.

This car may fit what you want, or it may not.
If you think it is, get a good PPI done to check out the engine and tranny.
Damn Joe!, you're spot on there!, I want all of the above, but I dont mind driving mine in the rain or snow. I like to drive my 928.
Old 03-31-2014, 09:23 PM
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Originally Posted by ekistler
Hi All,

So I've been lurking here for a while and finally got the "OK" from the wife to start looking for a 928 to restore......
based on this, if you buy this car, you will eventually have to decide on the wife or the car. Make no mistake, the shark is a jealous mistress, and if you need permission to get it you will need even more permission to spend the copious amounts that will be needed to restore that car. Something will suffer here.
I'd take the advice of others and spend more and get a better example that does not require the restoration this one likely will.
Old 03-31-2014, 09:25 PM
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dr bob
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From the foxhole behind you...

"Finallly got the OK from the wife" is an alert phrase, something that suggests that you might have -barely- gotten the OK from the wife. How much spending and time committment was approved at the same time? Here's the info and questions question that follow your answers: A deteriorated/'project' 928 will cost you two to three times more in purchase, restoration and first two years ownership costs than an excellent example at two to three times the purchase price of the 'project' car. Yes there are stories of $5k cars that are made driveable for a few $k more. Cars you might want to drive somewhere farther away than the AAA towing limit? Cars your wife might be tempted to ride in sometime with you?

My advice (same as I shell out for everyone who gets the hormonal urge to own one): Shop for and buy the best possible example you can find, one that's already at the goal standard you set for your 'project.' Buy it, and plan for an additional $5k in rubber and other deferred safety maintenance parts in the first few months of ownership. Sure you can stretch some of that out, but a lot of the initial baselining is safety stuff like fuel hoses, coolant hoses, power steering, shocks and suspension parts, brakes and all the stuff that goes with them, fuel pumps, electrical maintenance stuff, a battery, timing belt with all the associated bits, intake refresh with injectors and replacement of all the rotted hoses and stuff underneath. Stuff that will keep you from getting home or keep you from getting home intact. You get to do all that without regard to whether the leather is cracked or the paint is tired. That's just the parts cost.


I guess the $64k question is what you want the car to look and drive like when it's 'done'. Safe and reliable? Cha-cha-ching. Nice paint? Cha-cha-cha-ching! Nice interior with everything working like AC and a nice sound system? Cha-cha-cha-ching! Plus all your time.


Love the cars, have an air-conditioned maintenance area, a fat toy budget to play with, and lots of spare time to dedicate to a project? Go for it! You've found the best 928 support and therapy group in the world. You have an excellent local 928 repair place in Phoenix too, and lots of local supportive enthusiasts. You live comfortably UPS-close to the largest and most capable 928 parts supplier in the world in Anaheim. And best of all, she said it's OK.
Old 03-31-2014, 09:47 PM
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That's a nice lookin fixer.....good luck, keep posted.
Old 03-31-2014, 10:05 PM
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First, when my wife starts supporting me, then she gets a say in how I spend my money after all the essentials are taken care of. WTF!

Gentlemen, wives are partners, not boss's!

OP, buy the best car you can afford. There are some great tips here. But be a man!

If you want a car, a bottle of you're favorite booze, whatever, get it! Women don't respect a man they can push around! Oh yeah, I've been married to my girl for 51 years, and she still likes me. Also been a Hells Angel over 40. Women want a man to be a man.
Old 03-31-2014, 10:14 PM
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Bought my project for $1000, got it back on the road for about the same price. I had to get the okay from my mother to buy it (keep in mind I bought it when I was 15).

So women do play a key role in the procurement of these cars

If it runs nicely then you have at least a reliable base to start your restoration. The transmission issue sounds like it needs a good service. You can also source the interior out of a parts car and save $$$.

You came to the right place if you want help and support on your restoration
Old 03-31-2014, 10:14 PM
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Do yourself a favor and post wanted ads on craigslist. I had ads up in multiple locations in the cars for sale section. My 928 never saw Craigslist, the PO needed money and was ready to deal. I had a few others contact me as well that still have not posted their cars for sale on Craigslist.
Old 03-31-2014, 10:22 PM
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Run away! Spend a little more and get something that doesn't need paint or interior work to be a driver - both will eat money like there's no tomorrow. Most 'good' 928s will need work, so you will get to do some restoration, but you might also avoid a second mortgage.

If it's cheap enough, you might buy it for the running gear (if it's good).


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