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I bought my first Porsche at 17. It was a 12 year old, 1960, Fjord Green, 356, Cabriolet, with the engine in a basket. I paid $400 for it. I've had several Porsche's since then. Luckily at my age, I can still afford a Porsche now, just like I did then. What with inflation over the years it seems like the "cost" of a Porsche has remained fairly consistent. I'd guess that a used Porsche with a blown engine today, might well sell for something in the neighborhood of the $2,988.82 that, that $400 is worth today.
At no point has a 911 ever been worth 3g with a blown engine. You can run something like that through copart and still expect a buyer to pay a small fortune for it. A used engine (even 991) only costs about 10g for most models.
Surprisingly my Porsche journey began just over 2 years ago during the Covid nightmare, just around my 70th birthday.
I was leasing a Mercedes AMG and my dealer offered to buy out my lease AND give me some cash, since they had no cars to sell!
Looking for something different I stumbled across a configurable allocation for a 2022 992 coupe - my first ever Porsche.
11 months later I took delivery of a 2023 992 cabriolet - and traded the coupe for the price I paid for it.
Next week I will be picking up a 2024 992 coupe again after trading the cabriolet for very close to what I paid for it.
So after 2 plus years and at the age of 72 I'm VERY fortunate to have owned 3 911's - all because of Covid.
Bought my first 911, after wanted to start on the 718 platform but also wanting a backseat, in 2019 at the age of 48. A 997 used. And not breaking the bank by any means to do so.
A year and a half later, lucking into an allocation for a 992, I jumped on it and could not be happier. The 997 was a cab and I really wanted a coupe. Searching in 2020 for Coupe 991s proved a bit tricky. Most were PDK or ugly or both.
My only regret is having traded the 997. I'm sure it is worth more now than I sold it for. Wish I would have held on to it too.
At no point has a 911 ever been worth 3g with a blown engine. You can run something like that through copart and still expect a buyer to pay a small fortune for it. A used engine (even 991) only costs about 10g for most models.
Porsche's come in many flavors since the early '70s. Finding a: Boxter, 914, 924, 928 or a 944 in running condition and reasonable millage for less than $4K is easy. Finding a 996 is more of a challenge, but it's not impossible. There are some rough high mileage 996's out there.You name the engine failure: Bore Scoring, D Chunk, IMS failure that can be had for little money. You have to have patience and persistent dedication to the task of looking for them, and yes the cost to rebuild an engine can be extremely high, particularly if you're paying someone else to do the work. The parts (in particular) and the machine work are still not cheap by any means, but they're out there. If you can and know how do the repair work, that can make all the difference. Craigslist or similar is where these Porsche's usually live (or are interred). You'll not find them on Bring a Trailer, Copart or even eBay. FWIW Copart doesn't even show any 911, of any year, anywhere, in any condition, including "Salvage" with over 100,000 miles on it, and 100,000 miles (or more) with a serious problem is where you need to start if you're looking for a budget/needs work/flood recovery/etc 911. Copart and similar are where reasonably intact vehicles live. You need to be a bottom feeder to find the sorts of Porsche's that fit a serious level of deferred maintenance and mechanical challenges.
Porsche's come in many flavors since the early '70s. Finding a: Boxter, 914, 924, 928 or a 944 in running condition and reasonable millage for less than $4K is easy. Finding a 996 is more of a challenge, but it's not impossible. There are some rough high mileage 996's out there.You name the engine failure: Bore Scoring, D Chunk, IMS failure that can be had for little money. You have to have patience and persistent dedication to the task of looking for them, and yes the cost to rebuild an engine can be extremely high, particularly if you're paying someone else to do the work. The parts (in particular) and the machine work are still not cheap by any means, but they're out there. If you can and know how do the repair work, that can make all the difference. Craigslist or similar is where these Porsche's usually live (or are interred). You'll not find them on Bring a Trailer, Copart or even eBay. FWIW Copart doesn't even show any 911, of any year, anywhere, in any condition, including "Salvage" with over 100,000 miles on it, and 100,000 miles (or more) with a serious problem is where you need to start if you're looking for a budget/needs work/flood recovery/etc 911. Copart and similar are where reasonably intact vehicles live. You need to be a bottom feeder to find the sorts of Porsche's that fit a serious level of deferred maintenance and mechanical challenges.
You're not really describing a blown engine though. A bottom feeder is not just dump an engine in it and you got a good car. It's dump an engine in it and fix billions of other issues or drive as is as a clapped out junk bucket. Not exactly what most people would classify as just needs an engine for 3g.
If anyone is finding a 996 for 3g by some miracle I think they should probably save some money and just buy one for 25g.
36 here. Got my permit, uncle let me drive his cab C4S, that started it all. Bought a 78sc targa with my best friend when we were 17.
Uncle then got a 997 GT3, wed go for some serious rips in it and I knew I was really hooked.
Got a 996 turbo at 27. Ordered a 992 GTS last year and have never looked back. And Im a cop. If I see a Porsche on the road, you better give me a good exhaust note.
Last edited by Hotshottt06; Apr 28, 2024 at 11:16 AM.
I’ve always had BMW M3 and M “performance” variants. Current daily is an M340i xDrive. Never owned a 911 but was behind the wheel of a couple models through the years. Turned 50 last year and basically said “F it” so I treated myself to a 992 C4S with sport chrono, RWS, PDCC, and few other options for the track. What a blast on Pocono Raceway. If you have the means, don’t hesitate. Cheers!
I had the classic M5 (E39) and the 993 and 997 C4S. Now drive Audi RS5 and Macan turbo for four door cars. But nothing beats the 911. Waiting on a T. Scheduled for delivery in July.
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