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My 993 is totalled! Should I rebuild it myself or part it?

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Old 03-13-2008, 09:29 PM
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midnite993
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Default My 993 is totalled! Should I rebuild it myself or part it?

For those of you following the thread about my accident:

https://rennlist.com/forums/993-forum/415859-my-993-is-hurt-is-she-totalled-value-of-parts.html

The insurance company called to say it was totalled!

They are doing a market analysis and will make an offer hopefully tomorrow. If the buyback is $8000 or less I plan to keep the car. Go ahead and PM me with any parts requests.
I've talked to LA Porsche dismantlers, and they can supply an entire right side of a car, custom cut to fit the damage, including stock front suspension, door, and front fender for $3700. I hear they have a shady reputation, but if I go pick up the parts myself (I live in LA) there shouldn't be a problem.

A friend of mine has a body shop where he rebuilds totals like mine, and he says it will be around $4000 with frame machine time, paint, everything needed to restore it. He would make sure all suspension mounting points were factory correct, but I would install the front suspension myself. He does great work and I'd trust any car that comes out of his shop.

Am I crazy to even be thinking about taking on such a project? I could sure use the settlement money to buy one of the foreclosure houses we've been looking at, and a $16,000 (or less) 993 sounds awfully tempting!

Last edited by midnite993; 04-04-2008 at 03:32 PM.
Old 03-13-2008, 10:29 PM
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The Donkey
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I have been down this road before.

What you will have at the end of the day is a 993 that is worth probably less than 16k. That doesn't factor in time, intangibles, etc. Of course, if you want to keep it forever that changes things a bit but I still wouldn't do it.

I would buy it back and then sell the whole car as a package. Should be worth quite a bit more than 8k.
Old 03-13-2008, 11:05 PM
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Chuck W.
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I've repaired my 993 twice; I bought it damaged and managed to do a little damage myself. Both times I bought all of the parts from LA Porsche Dismantlers. Todd and Sara couldn't have treated me better. Put your 993 on a trailer and take it by their place and they will pull the parts you need or at least figure out what you need and gather them for you.

Having a good body shop that will take care of you is a major part of the project. If you plan on keeping the 993 for a while, go for it. If you tend to go only keep cars for a short period of time, don't do it. The salvage title will hurt any resale. Good luck and keep us posted.
Old 03-13-2008, 11:31 PM
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TMc993
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Whatever your decision, make it with a complete absence of emotion. Emotions are for decisions related to living things, not wrecked machines (Don't ask me how I know).

Increase the parts and labor estimates by a factor if 1.5 (It doesn't matter what anyone told you...The cardinal law of collision repair is that it always costs a lot more than first thought) and increase whatever time you estimate you'll spend nursing the project by a factor of 3. The you'll be close to the actual cost in dollars and time.

Then ask yourself, "Would I rather be f**king around with this wreck or out driving a nice 993 I could have purchased with the insurance payout?"

Good luck,
Terry
Old 03-13-2008, 11:35 PM
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detailjohn
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I'll just fill you in on the "obvious answer". Buy an early 1969-1973 body car, and put the 993 engine in it. You'll have a grin from ear to ear when you drive it.


John
Old 03-13-2008, 11:54 PM
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scat
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PM sent
Old 03-14-2008, 12:59 AM
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Jarez Mifkin
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rebuild it as a track car!
Old 03-14-2008, 02:23 PM
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Bruce SEA 993
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rebuild it as a track car!
+1 for the $8000 buy back and the $3700 parts + $4000 shop you could have an inexpensive track car

Take the rest and buy a street 993.

Good luck!
Old 03-14-2008, 04:13 PM
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Garth S
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If $K (8 + 3.7 + 4) will get it rebuilt, that would make a good driver IMHO: track car? .... sure - but if I would trust my butt in it at 9/10ths+ on a track, I could easily live with it stressed to 5/10ths for spirited street fun ...
If the door and panels are refitted correctly, you'll never see the difference: few of these cars are candidates for investment - the rest are for us to enjoy as drivers ....
Old 03-14-2008, 04:28 PM
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JM993
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Originally Posted by Garth S
few of these cars are candidates for investment - the rest are for us to enjoy as drivers ....
I'm not sure I totally agree. Do you all see what's happening with the long hood cars? Even nice 911Ts are fetching big $$$. IMHO 993s will be similarly valued in the years to come.
Old 03-14-2008, 04:46 PM
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RallyJon
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Originally Posted by jmarch
I'm not sure I totally agree. Do you all see what's happening with the long hood cars? Even nice 911Ts are fetching big $$$. IMHO 993s will be similarly valued in the years to come.
It took 27 years since the last longhood was built for them to really start appreciating. Even longer for the Ts. 2022 is just around the corner!
Old 03-14-2008, 05:35 PM
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Stealth 993
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I can use some interior bits, if you part it out.

You can make most of your buy back money on just selling the engine!
Old 03-14-2008, 05:41 PM
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samsnead
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I would wait and see what you are offered. I lost a p-car before and it was a long battle to get a fair value.
Old 03-14-2008, 05:49 PM
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North Coast Cab
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Use the insurance money and buy another car. If you have $8k laying around buy the chassis and then decide when/what to do. Parting a car sounds easy, but factor the time, boxes, shipping cost, eBay fees, PayPal fees and it's not so lucrative.
Old 03-14-2008, 05:54 PM
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deleonl1
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Originally Posted by North Coast Cab
Use the insurance money and buy another car. If you have $8k laying around buy the chassis and then decide when/what to do. Parting a car sounds easy, but factor the time, boxes, shipping cost, eBay fees, PayPal fees and it's not so lucrative.
Also factor in a place to have your buy back sitting for who knows how long.


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