Ok now that I have this in PPI - what do you guys think?
#16
Rennlist Member
Thread Starter
Here’s the PPI info. I was pretty hung ho when I talked to the shop about it but now that I look at the laundry list of things - I’m a little concerned. Am I buying a 50k pile?
#17
Instructor
Most of those maintenance items are fairly easy fixes but it makes me wonder about the car...Things like loose coil wires, missing under panels, slave leaks, etc. make me wonder about the quality of the motor install which naturally leads to questioning the quality of the engine rebuild. Assuming you fix all of these known items you're around $60k into a C4 with what appears to be a rough interior and paint. It sounds like you want 2wd so throw another $5-10k on top for the conversion and you're at $65-70k for a Frankenstein C2/C4 . Personally I don't think the uniqueness and cool factor of the ROW warrant the premium in this case when you could buy a mint condition C2 for the same money which will likely be an appreciating asset. Selling a c2/c4 ROW down the road would require a niche buyer and likely won't be worth as much as the C2.
#20
Rennlist Member
Thread Starter
The PPi was done at gulf performance. He still suggested that he thinks the car is priced fairly considering the engine rebuild and new clutch..overall mechanical condition of abs and awd was good. In his words - the most expensive parts of the car have been addressed.
#22
Rennlist Member
Join Date: Sep 2010
Location: Long Beach, CA & Alexandria, EGYPT
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8-20 doesn't 100% mean it was bondo, and if they couldn't find structural damage don't get hung up on that specially that its just 1 panel. What would concern me is all the other little trinkets, kind of gives you an idea of how the car was maintained by previous owner- Why was the engine rebuilt and simple things like brake lines or gaskets not changed if they needed it? Use all this to your advantage in negotiation.
This car has been for sale on ebay for a few months so they should really want to move it.
This car has been for sale on ebay for a few months so they should really want to move it.
#25
#28
Rennlist Member
FWIW, I rationalized my purchase several years ago this way. Car seems solid with good PPI, but a few minor things noted, including an ok respray. I answer the question, If I had to dump another $10k (insert large sum here) in this car, would it still be worth it in the long run? In my case, the car has been nearly flawless, but ultimately I would have been ok with the extra expense since this was the 964 for me.
https://rennlist.com/forums/vehicle-marketplace/1067621-1991-porsche-911-carerra-2-a.html
https://bringatrailer.com/listing/1989-porsche-911-carrera-4-7/
Last edited by CBA; 05-09-2018 at 09:12 PM. Reason: Needed to add one more sentence
#29
Racer
Tough decision to make, i inquired about that car back in January i think but ended up passing. Engine rebuild isn't everything, i like the white C4 on BAT , maybe wait and see what that one sells for.
#30
Rennlist Member
Keep looking for a C2.