What should I pay for a 99 C2 with a blown engine?
01-09-2008, 11:34 AM
#1
Instructor
Thread Starter
What should I pay for a 99 C2 with a blown engine?
I've seen them come up every once in awhile. Factoring the cost of a rebuilt drop-in along with labour and hassle factor, what's a price that makes it attractive to do?
01-09-2008, 12:19 PM
#3
Three Wheelin'
I paid $20,000 for my first project 996 back when they were worth $45,000. The work it required was far more extensive than just replacing the engine. I paid $11,700 for my current 996 project car. It has cost me only about $2,000 for the parts to rebuild it. The labor is another story. If I wasn't doing the work myself, it would not be feasable. The dealer quoted Chuck Jones $25,000 to repair the damage.
As I have found, cars with a story are difficult to resell. I would only tackle a project car, with a blown engine, if the price was around $10-12,000. and you plan on keeping it for a long time.
As I have found, cars with a story are difficult to resell. I would only tackle a project car, with a blown engine, if the price was around $10-12,000. and you plan on keeping it for a long time.
01-09-2008, 12:26 PM
#4
Instructor
Join Date: Oct 2007
Location: Houston, TX
Posts: 202
Likes: 0
Received 0 Likes
on
0 Posts
You need to figure at least $12K for engine/labour, so I would imagine that going price -$15K would be a good place to be. Incidentally, the dealership offered me $10K for my 2001 C4 with a blown engine.
01-09-2008, 12:28 PM
#5
Race Director
You'll be doing very well if your parts don't exceed $2k, I'm surprised you could control costs so low for our cars. We need to emulate your resourcefulness when replacing 'parts'.
01-09-2008, 12:39 PM
#6
Instructor
Thread Starter
UFO, sorry to hear your troubles with your car, but that's what kind of got me thinking about this. I'm glad to see you got it back up and running. I plan to do as much of the labour myself and count it more as a hobby rather than work.
Mark, great project you've got going on. As many have said, I'm not sure I'd be willing to tackle such a project, but seeing your work is certainly inspiring.
Thanks for your insights. From what I've seen, cars with higher mileage are going for ~$25k. Take $15k off for the new engine and you're sitting at about $10k which seems to be what the salvage/insurance value is for a roller. I've seen cars with blown engines sell for $15-16k, so I guess that's the spread.
So I guess the next question is how easy is it to get a car like this for $10k?
Mark, great project you've got going on. As many have said, I'm not sure I'd be willing to tackle such a project, but seeing your work is certainly inspiring.
Thanks for your insights. From what I've seen, cars with higher mileage are going for ~$25k. Take $15k off for the new engine and you're sitting at about $10k which seems to be what the salvage/insurance value is for a roller. I've seen cars with blown engines sell for $15-16k, so I guess that's the spread.
So I guess the next question is how easy is it to get a car like this for $10k?
Trending Topics
01-09-2008, 01:44 PM
#8
Chandler!
Rennlist Member
Rennlist Member
01-09-2008, 02:55 PM
#11
01-09-2008, 06:01 PM
#13
Three Wheelin'
I am the poor white trash of the Porsche world. Bruce, that video was great. I think that car is in my garage. Carol$ the vesuvio 996 is sold to a guy in Atlanta, GA for $22,500. I don't blame you for not wanting a tip. I really enjoyed it, but I'm looking forward to having a stick again.
Spiff, try IAAI...the insurance auto auction. I have bought several vehicles from them. There are tons of fun 996 and 997 project cars for sale nationwide, many have clear titles and no body damage. https://www.iaai-bid.com/hotpicksintro.aspx
Spiff, try IAAI...the insurance auto auction. I have bought several vehicles from them. There are tons of fun 996 and 997 project cars for sale nationwide, many have clear titles and no body damage. https://www.iaai-bid.com/hotpicksintro.aspx
01-09-2008, 06:08 PM
#14
Team Owner
It would have to be a pretty fabulous C2 for me to pay more than $10k. YMMV.
01-09-2008, 10:03 PM
#15
Instructor
Join Date: Sep 2005
Posts: 215
Likes: 0
Received 0 Likes
on
0 Posts
The engine does not have to be rebuildable to get your core charge back. Porsche only requires that it not have been hydrolocked or damaged in a wreck. Thrown rods through the case are still valid cores.
As to the cost, the engine can be replaced by a competent shade-tree mechanic with access to a lift. It is *not* complicated (as long as you're not trying to update to a 3.6 or 3.8 or similar Frankenstein undertaking. The engines were actually designed to be plug and play. The replacement engines are so complete that they have all of the wiring harnesses and everything else there so you just pop em in and plug up two pigtails and fire her up (well maybe there were a couple updated parts that had to be backdated from the old engine).
BTW, this is the voice of experience. We swapped mine out (after 126k miles) going slowly over the course of about a day and half of work. Also put in a LWF and new clutch (and should have done the slave cylinder).
As to the cost, the engine can be replaced by a competent shade-tree mechanic with access to a lift. It is *not* complicated (as long as you're not trying to update to a 3.6 or 3.8 or similar Frankenstein undertaking. The engines were actually designed to be plug and play. The replacement engines are so complete that they have all of the wiring harnesses and everything else there so you just pop em in and plug up two pigtails and fire her up (well maybe there were a couple updated parts that had to be backdated from the old engine).
BTW, this is the voice of experience. We swapped mine out (after 126k miles) going slowly over the course of about a day and half of work. Also put in a LWF and new clutch (and should have done the slave cylinder).