93 C2 w/ 150K miles for $15K...or... 93 C2 w/ 75K miles for $25K
03-07-2007, 05:24 PM
#1
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93 C2 w/ 150K miles for $15K...or... 93 C2 w/ 75K miles for $25K
Same colors and options and driven the same. For the sake of argument, all original parts:
Which is the better buy?
$10K delta to play with right?
Which is the better buy?
$10K delta to play with right?
03-07-2007, 06:45 PM
#4
Three Wheelin'
Also depends on what your plans are for it.
Mod it, whip it, track it, smack it, ride it hard and put it away wet, then sell it? Buy the cheaper one.
Lavish it with TLC, treat it gently and keep it a long time? Put the money into the low-mile one.
Mod it, whip it, track it, smack it, ride it hard and put it away wet, then sell it? Buy the cheaper one.
Lavish it with TLC, treat it gently and keep it a long time? Put the money into the low-mile one.
03-07-2007, 08:07 PM
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+1 to kgorman,
If all else is equal and the high mileage car has been well cared for then go for that one. The 10k you save will go a long way to keeping it running a long time. Besides, assuming a well maintained example, it may well run for many more years trouble free. That said if you can try to negotiate the price down a little due to the higher mileage. It never hurts to try. Good Luck and let us know which one you end up with.
If all else is equal and the high mileage car has been well cared for then go for that one. The 10k you save will go a long way to keeping it running a long time. Besides, assuming a well maintained example, it may well run for many more years trouble free. That said if you can try to negotiate the price down a little due to the higher mileage. It never hurts to try. Good Luck and let us know which one you end up with.
03-08-2007, 11:19 AM
#7
Rennlist Member
A year ago I bought (from a private owner) a '93 C2 Coupe with 47k miles, all records, all service by dealer or a single Porsche specialist, for $23.5k.
Unless you are looking for a DE car or daily driver, my view is get the lowest mileage car you can find with clean records. While it is true that 964 will run forever if properly maintained, there are things that wear (especially the interior) that are not easy to fix/renew. In the end, all mechanical items can be fixed and made new; the same really can't be said for the interior and body.
Also, the higher the mileage, the more times the car will have been in the shop for something, which means the more times some bonehead mechanic has had a chance to screw something up. My car had the condensor replaced by the dealer in '95, and there are several screws missing, scrapes, etc where they did it. The fewer times someone has been under the deck lid, and the fewer times the car has been on the road, the better, IMHO.
It's a lot easier to take a virgin to the gym and get her back into shape than to take a hooker to the shrink and make her forget the past.
Unless you are looking for a DE car or daily driver, my view is get the lowest mileage car you can find with clean records. While it is true that 964 will run forever if properly maintained, there are things that wear (especially the interior) that are not easy to fix/renew. In the end, all mechanical items can be fixed and made new; the same really can't be said for the interior and body.
Also, the higher the mileage, the more times the car will have been in the shop for something, which means the more times some bonehead mechanic has had a chance to screw something up. My car had the condensor replaced by the dealer in '95, and there are several screws missing, scrapes, etc where they did it. The fewer times someone has been under the deck lid, and the fewer times the car has been on the road, the better, IMHO.
It's a lot easier to take a virgin to the gym and get her back into shape than to take a hooker to the shrink and make her forget the past.
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03-08-2007, 12:14 PM
#8
Three Wheelin'
Originally Posted by cwrm4
A year ago I bought (from a private owner) a '93 C2 Coupe with 47k miles, all records, all service by dealer or a single Porsche specialist, for $23.5k.
Unless you are looking for a DE car or daily driver, my view is get the lowest mileage car you can find with clean records. While it is true that 964 will run forever if properly maintained, there are things that wear (especially the interior) that are not easy to fix/renew. In the end, all mechanical items can be fixed and made new; the same really can't be said for the interior and body.
Also, the higher the mileage, the more times the car will have been in the shop for something, which means the more times some bonehead mechanic has had a chance to screw something up. My car had the condensor replaced by the dealer in '95, and there are several screws missing, scrapes, etc where they did it. The fewer times someone has been under the deck lid, and the fewer times the car has been on the road, the better, IMHO...
Unless you are looking for a DE car or daily driver, my view is get the lowest mileage car you can find with clean records. While it is true that 964 will run forever if properly maintained, there are things that wear (especially the interior) that are not easy to fix/renew. In the end, all mechanical items can be fixed and made new; the same really can't be said for the interior and body.
Also, the higher the mileage, the more times the car will have been in the shop for something, which means the more times some bonehead mechanic has had a chance to screw something up. My car had the condensor replaced by the dealer in '95, and there are several screws missing, scrapes, etc where they did it. The fewer times someone has been under the deck lid, and the fewer times the car has been on the road, the better, IMHO...
Originally Posted by cwrm4
...
It's a lot easier to take a virgin to the gym and get her back into shape than to take a hooker to the shrink and make her forget the past.
It's a lot easier to take a virgin to the gym and get her back into shape than to take a hooker to the shrink and make her forget the past.
03-08-2007, 01:48 PM
#9
Spend the extra cash on the lower mileage one, whether you plan on keeping it for a while or not. You'll spend that $10k differential in a heartbeat on a top-end rebuilt, tranny work, brakes, clutch and the various other things that are worn-out on a car with that kind of mileage. Also, the higher mileage car will be very hard to sell, while you should be able to flip the lower mileage car relatively easily if you decide to move on to something else.
03-08-2007, 07:07 PM
#10
RL Community Team
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Get a PPI if you don't know what you're looking at - miles and selling price don't mean much if someone took bad care of the car and/or stored it outdoors or had it poorly serviced. Even cars that have service records can be in crappy shape - how do I know? I've bought 4 964's recently... my latest one advertised as having $10,000 of recent engine service. I feel bad for the guy that paid that bill. I bought the car and had to rebuild the engine before it detonated itself into oblivion! Check out those two cars well before buying, unless it's a special model you gotta' have! 
03-09-2007, 01:16 PM
#11
Three Wheelin'
Originally Posted by JJJMCD
Spend the extra cash on the lower mileage one, whether you plan on keeping it for a while or not. You'll spend that $10k differential in a heartbeat on a top-end rebuilt, tranny work, brakes, clutch and the various other things that are worn-out on a car with that kind of mileage. Also, the higher mileage car will be very hard to sell, while you should be able to flip the lower mileage car relatively easily if you decide to move on to something else.
03-10-2007, 07:54 PM
#12
With driving habits, maintenance and repairs being relatively equal between the cars, I would always go with lowest mileage car. It is either pay me now, or pay me later for repairs, imo.
03-10-2007, 08:45 PM
#13
Originally Posted by cwrm4
It's a lot easier to take a virgin to the gym and get her back into shape than to take a hooker to the shrink and make her forget the past.
I agree with others on picking up the 75k car IF it's nice. $10k is a lot, but these cars cost A LOT to make right if they are abused. "Restoring" a 964 to decent levels costs quite a bit. You can dump $5000 in an interior restoration without blinking an eye. Motor work is expensive and these transmissions cost quite a bit (as compared to say a 915 equipped 3.2 Carrera or 911SC) to rebuilt.
As well built as these cars are, some stuff just plains wears out at 150,000 miles...
Good luck!
Jay
90 964, 84 3.2
03-10-2007, 11:23 PM
#14
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The car would be for my brother and the active search is on. It sure is a tough call, but I guess I am starting to lean towards the lower miles option.
$10K delta
75K mile delta = 10yrs driving at 7500 miles/yr
so with a newer car you are buying 10yrs of ownership for $10K or $1K/yr. Plus you get to have a (newer) less used car. Might as well have the nice car in hand while it depreciates instead of having an already depreciated car and clean it up.
Are my assumptions right? Somehow it seems flawed.
What is the cheapest someone could do a full engine rebuild for...shop and DIY prices?
Agreed, the virgin quote is great.
$10K delta
75K mile delta = 10yrs driving at 7500 miles/yr
so with a newer car you are buying 10yrs of ownership for $10K or $1K/yr. Plus you get to have a (newer) less used car. Might as well have the nice car in hand while it depreciates instead of having an already depreciated car and clean it up.
Are my assumptions right? Somehow it seems flawed.
What is the cheapest someone could do a full engine rebuild for...shop and DIY prices?
Agreed, the virgin quote is great.
