What should I pay for a 99 C2 with a blown engine?
#19
Race Director
If car in otherwise good shape, then get quote from nearby Porsche dealer for ...
Minus something for your troubles.
IOWs, even if rest of car in pristine condition, and a dealer installed engine sourced from the factory would be all that is necessary to get this car back on the road and trouble free for many many thousands of miles, I'd not pay any premium for the car.
And I'd in fact 'charge' the current owner for my time/troubles to go through getting car back on road with new engine. (What will for instance getting the car to the dealership for a new engine cost in flatbedding charges?)
And you have to be careful. With engine blown you can't start engine and test rest of car's engine subsystems, drivetrain, brakes, A/C, heater, and so on.
What you need to guard against, receive something to mitigate the risk of this car not only having a blown engine but perhaps a tranny that's on its way out, is to get the car for a price that say if after you got a new engine installed you shortly learn thereafter the transmission's shot, or the clutch needs replacement, etc., this would not be a big deal and because you factored something else into your offer, or reduction of your offer, you still have a car that is costing your a reasonable price, comparable if you had found an identical car in need of no work, servicing, repair, etc.
The risk, in my opinion, should be borne by the seller, or if he's unwilling to meet your price then by some other buyer who's not as savvy.
And if car has suffered any body/paint damage and repair, I'd just walk away.
Now if you're really sharp about being able to evaluate a car, you can factor that in to your offer/adjustment relying upon your skills to know nothing else serious is lurking in the car, hidden so to speak by the fact the engine's not running and the car can't be thoroughly checked out before hand.
Sincerely,
Macster.
#21
Burning Brakes
Join Date: Jan 2005
Location: Phoenix, AZ
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#22
Rennlist Member
C2 Engine Rebuild
I just replaced a 3.4 L engine in my 01 Carrera with 57,000 miles. The dealer price in Va Beach was $8,400 plus 5% tax including core exchange and the labor for engine replacement is about 13 hours in the book. My work was not done at the dealership. The warranty for the rebuild is two years unlimited miles. If the dealership does the work, then labor is also included in the two year period. My engine was in fact brand new in every way and of course the new engine has some upgrades which were not on my old car.