BC

Where is this 85 for 2500?

OTR18WHEELER

Are you new here?, most of us already have at least 12K invested in our 5K 928's.
2,500 is a good buy for a parts car though.
The blood's in the water.

andy-gts

I see BC salivating...

Crumpler

Wow.
I couldn't watch the videos, it's too much to cringe over.
Let's be frank, the advice you got was sound. Enjoy your blue car, work on it and develop a comfort level with it.
If you are at a place down the road where you have the money and time, then consider a project like this, with the premise that you may not make a cent on it.

BC

I'm getting to the point that when new people show up (like I did, 17 years ago) - and don't heed some well placed advice, I stop listening. I asked more than I every told for a decade on here. Anyway, the days of running 928s for 2500 are over for right now. I mean running so you can drive them.

Wisconsin Joe

I'm going to try to be as nice as possible here, but it won't be easy.

Dude, you are delusional.

I'll agree that the market is rising, but $25k for an 85 with 108k on the clock is a long, long way off.

Right now, the only cars that are worth serious coin are original early cars, GTs and GTSs. The "mid years" are still way low. And cars that are high mileage, non-original, anything other than "very nice" condition are not worth much. There's an 85 that Wilhoit was selling with low miles, all original, very nice looking. The ask was $33k.

This is typical of a rising collector car market. Early, late, rare (GTs) in original condition go up first. Good original "other" cars go up second (and not as much). Restored cars, then the "junkers" follow eventually, and again, not as much. While a rusted out 356 tub is worth some real money these days, they pale in comparison to an original, low mile example. And it's taken a long, long time for the "junkers" to go up.

That reality doesn't stop some people from asking "stupid high" prices for stuff. There was a trashed one in Rochester NY a year ago or so. Sitting for a long, long time. Crap growing in the seats. Pretty much a straight shell with a few body parts. The seller started at $5k. Showed up on here and got laughed at.

The one that went on E-bay for $33k is an anomaly. Times are changing, but not that much. I wouldn't be surprised at all to see that sale fall through. An 81 with 12k on the clock went for under $20k last year.

You say you don't know much about China, but think you can easily sell a 928 for a ridiculous price over there.
Why?
The "New Money" millionaires, and there are a lot of them, wouldn't want it. It's 30 years old, takes a lot of specialized maintenance, and isn't all that fast. A new "sporty" car (Mitsu Eclipse for example) can beat it.
Those guys want new stuff. Not classic stuff.
And they want people to know what they have. As in a "Wow, that's special" car, not a "What is that?" car.

And getting the rules changed over there is more involved that you seem to think. You are correct that it's all in "who you know", and a "little bit of this" will help make changes, but it would need a "whole lot" , not a "little bit" and the connections would have to be way up there.
And even then, I doubt you could get import approval. The native car makers would stop you. And they have much better connections and a "lot, lot more of this" than you can get. They don't want a flood of ten year old used cars to take away their business. I doubt you could get approval to import "Just 928s" or "just high end sports cars" in any way.
Again, those that already have that market would be very, very protective of it.

But I could be totally wrong.

So here's what you could do:

Get approval to import.
Sell Tony77s GTS. Its a perfect example of an amazing car. Not totally original, but the mods are tastefully selected and very well done.
If you are right, that car should sell for well over $100k. You could easily more than double your investment. (depending on how much import approval costs).

Alternatively, restore your 78. Do a good job and find out what is involved in a decent restoration from both a labor and parts perspective.

Then see what a restored car is worth.

The Deputy

After 17 years?...all l can say is...you're much more patient than me...lol.

I clicked on the second video, saw it was 10 minutes long and thought...really...10 minutes of what has to be said is not worth the time of day.

Dave928S

I'm sorry to be brutal ... but you asked for feedback, and I'm calling it as I see it.

You're in debt .... you can't get a bank loan for a few $k's .... you're a first timer with 928's .... you're asking for money from strangers ... and you have a business 'plan'/hallucination that could be summarised on the back of a postage stamp.

I think you need to contemplate why you're in a financial hole now ... and stop digging yourself deeper, and asking others to come for a ride with you.

I applaud you for wanting to 'earn your way out of this hole' .... but this is not the way to dig yourself out of the s**t.

Ditch this fantasy and get your OB in the condition you'd like it. You'll get plenty of help here if that's what you want to do, but don't think you're going to profit on that either.

BTW ... I'd be interested to hear what you think my GTS might be worth.

DeWolf

^ I'd say your GTS, depending on kms here in Australia would sell, and I say sell, for between $70-$120K again, depending on kms.

Dave928S

^^^ was a rhetorical question of the OP, which was begging to be asked, considering the mega$$ anticipated yields he expects.

hwyengr

He mentioned "investors" for the '79, too. If he's only funding $3k per car for restoration, the money has to be running dry on that one already. Why take on another one when the first one isn't even running yet?

Jetdriver69

For $25000 I will give you my fully sorted, new engine, clutch and gearbox, freshly repainted 82 5 speed and you can keep any money over $18000.

Now that is a deal and you have to do no work at all.

davek9

I thought we were in June, not April

I've been there and that car will need at the least $10k parts, and that interior is not an 8, it would need a complete restore too.

Even though the '85 S3 manual is the lightest of the 32v 928's, this one would be a long term project or one that's very costly on labor time.

Gota give the OP points for asking, you do better just selling the car w/ a finders fee.

Unless you have all the maintenance records, a non-runner is a parts car at best.

Daniel5691

Not to be rude to you sir, but you could just do what I did.
I got some extra work and saved my own money.
It took about 18 months, and I had enough, and I got a 928S to start working on.
I own it, myself.
$5000 is easy if you just work hard enough.
Good luck to you.
Dan

hacker-pschorr

Any guess as to why he's in the financial situation he's in?


Ok, this thread has been very entertaining but time to walk away from this future train wreck now, thread closed.

To the OP - if you need money for your projects, go get a 2nd or 3rd job. Peddling for funds on here isn't going to get you anywhere.