12-26-2017, 05:49 PM
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#22
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Motorist & Coffee Drinker
Join Date: Jul 2014
Location: Oklahoma
Posts: 3,857
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Quote:
Originally Posted by Unholy986
... Tell me this, if I do sink $2K into it, worst case and it doesn't run as should, how hard would it be to get $2K back out of it? ...
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It is often posted to expect $2k a year in maintenance to keep these cars in decent shape. Figure that a seller who is not an enthusiast has not kept up on that, and that $2k will become a deeper deficit to make EVERYTHING proper and fresh.
A non-running car (any model) is certainly a risky buy if you have high expectations, so as I stated earlier - price it as a parts car. Given the lower expectations, I would not recommend a PPI. That would be spending 1/4 of the 'value' of the car not to mention the time and inconvenience. Accept the risk, or don't buy these sorts of cars. I would do a very thorough inspection including checking the oil filter and diagnosing with an advanced OBD tool such as Autell MD802 or Durametric. At $2k, I'll buy complete Boxsters all day if I find them. My last one was $1,900 + towing and was lots of fun, granted me some good parts, and gave Rick a base to build a spec car:
http://986forum.com/forums/show-tell-gallery/62701-oh-no-another.html
Just the education of completely stripping my first parts car was worth (to me) way more than I paid.
Although I admit, what keeps me entertained may not satisfy everyone's taste.
__________________
I am not an attorney, mechanic, or member of the clergy. Following any advice given in my posts is done at your own peril.
Last edited by 78F350; 12-27-2017 at 03:42 PM.
Reason: Expanded for more clarity
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12-26-2017, 08:37 PM
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#23
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Registered User
Join Date: Feb 2017
Location: CO
Posts: 989
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Quote:
Originally Posted by 78F350
It is often posted to expect $2k a year in maintenance to keep these cars in decent shape. Figure a seller that is not an enthusiast has not kept up on that. A non-running car (any model) is certainly a risky buy if you have high expectations, so as I stated earlier - price it as a parts car. At $2k, I'll buy complete Boxsters all day if I find them. My last one was $1,900 + towing and was lots of fun, granted me some good parts, and gave Rick a base to build a spec car.
http://986forum.com/forums/show-tell-gallery/62701-oh-no-another.html
Just the education of completely stripping my first parts car was worth (to me) way more than I paid.
Although I admit, what keeps me entertained may not satisfy everyone's taste.
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2k a year? On what? Just curious. If tracked often and counting tires maybe...
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12-26-2017, 09:46 PM
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#24
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Motorist & Coffee Drinker
Join Date: Jul 2014
Location: Oklahoma
Posts: 3,857
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Quote:
Originally Posted by Geof3
2k a year? On what? Just curious. If tracked often and counting tires maybe...
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It's not my number, but I see it a lot and won't argue. Here's a quick search to see what people have said:
https://www.google.com/search?q=site%3A986forum.com+%22%242k+a+year%22&ie=utf-8&oe=utf-8
Edit: Expenses with independent shop labor for normal expendable items such as brake parts, tires, fluids and worn out parts such as water pump, AOS, suspension parts, window regulators... A lapse in care is cumulative. If a seller has not had to address any of these over the course of 4-5 years of ownership, the buyer probably will very soon.
When I bought my first Boxster for $5k, I thought it ran and drove fine and I was quite happy with it. As I learned more about these cars, it became a driveable rehab project. If I had taken it to a dealer and told them to make everything perfect, the bill could have easily topped $10k. I probably spent $1,500, did my own work and sold it for $6k a year later.
__________________
I am not an attorney, mechanic, or member of the clergy. Following any advice given in my posts is done at your own peril.
Last edited by 78F350; 12-27-2017 at 03:36 PM.
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12-27-2017, 05:10 AM
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#25
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Project Addicted
Join Date: Aug 2015
Location: Eastern Shore, MD
Posts: 623
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At 2K I would buy it and figure it out, but that is me.
It's not been said yet: There is nothing more expensive than a cheep Porsche.
This is a real and true statement. I have not followed this advice!! I like a bit of risk in life )
__________________
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Jon
1966 912, 1976 911
1986 944, 2000 Boxster
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12-27-2017, 03:58 PM
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#26
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Registered User
Join Date: Feb 2017
Location: CO
Posts: 989
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Quote:
Originally Posted by 78F350
It's not my number, but I see it a lot and won't argue. Here's a quick search to see what people have said:
https://www.google.com/search?q=site%3A986forum.com+%22%242k+a+year%22&ie=utf-8&oe=utf-8
Edit: Expenses with independent shop labor for normal expendable items such as brake parts, tires, fluids and worn out parts such as water pump, AOS, suspension parts, window regulators... A lapse in care is cumulative. If a seller has not had to address any of these over the course of 4-5 years of ownership, the buyer probably will very soon.
When I bought my first Boxster for $5k, I thought it ran and drove fine and I was quite happy with it. As I learned more about these cars, it became a driveable rehab project. If I had taken it to a dealer and told them to make everything perfect, the bill could have easily topped $10k. I probably spent $1,500, did my own work and sold it for $6k a year later.
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Sure, there might be an upfront hit for a new buyer, but over the life of the car, 2k a year would be insane. I have on 02s that is 15yrs old. Not a chance it has had, or will ever have 30k plus done to it by now even if it needed every single issue resolved at top dollar.
My point is, a figure like this could scare off a potential buyer. If taken over the lifetime of the car a 1000+ per year might be a more accurate figure. I even believe that is high over the life of the vehicle. That is counting all maint, tires etc.
I had an 84 911 for 10 years. Cost of ownership for the time I had it, not counting fuel, was around 225.00 per year . That’s a daily driver with track days thrown in for fun. Car was immaculate and required no deferred maint when I sold with just under 100k.
Some of these cars can be money pits, but then, so can most every car, potentially. YMMV...
Last edited by Geof3; 12-27-2017 at 05:19 PM.
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12-27-2017, 04:15 PM
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#27
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Registered User
Join Date: Dec 2015
Location: Denver
Posts: 866
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I spent $2800 this year including car payments
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Seal Gray & K&N Filter
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