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Porsche - 8/23/2008 11:57:45 PM   
Termyn8or


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This situation is a bit unusual, but nobody makes something like this up.

Buddy does some work on a house, a nice affluent area, nice work which he did nicely. It was a sizable job. During the job he noticed a Porsche in the garage and the customer said "You can have it for $1.500". Then a day or two later she says he can have it for a thousand. Now she has offered him the car for free.

I wish I could do this guy's job, masonry. With all this guy's faults (without them why would I even know him ?), he does very good work, at times exceptional. I guess this is sort of a tip. Like I said, this is an affluent neighborhood.

The paint is very faded and he says there are no numbers on it. I would think somewhere you would see 911 or 914 or something. It could be a Carrera. If it is it books for $21,000 on nadaguides. If it is a 911 it's $11,000. He says he looked it over and under and it seems to be in good shape, no rust through, only surface rust. The car starts and runs although he hasn't driven it. It also only has 47,000 miles on it.

Now I think maybe it is a steal at a grand. That would be like the penny you drop in the store and say screw it, it ain't worth bending over for. Whether it is free or a grand I told him to get it. He planned to paint it but I schooled him a bit.

When you get a car that old with the original paint you don't paint it. He has never dealt with anything like this before, 47,000 miles, no rust through and 33 years old with original paint, I would shoot you if you tried to paint that car. When you paint that car, you go to Italy, find the OEM paint manufacturer and have them mix you up a batch of the original paint.Then you take it and the paint to Roman Chariot or someplace like that, if not a Porsche dealership.

If you just have Earl Sheib or MAACO paint it, it permanently loses it's class in collectables. This destroys part of it's intrinsic value. Maybe if it's painted at a dealership they can get it right and not do this, so let's say that's two grand and the grand into the car. But you can sell it for around $20,000 ? Seems like a good deal to me. Even if you take ten grand for it, you made out pretty good.

A Porsche would not be his first choice in cars, nor mine. He is a Truck Man and likes big cars. The car will be for sale of course. I am wondering if there is enough paint left on it to polish and wax, and just leave the rust spots alone.

I know when you are selling a daily driver you make it look as good as you can, bondo and some touch up paint, things like that, even repaint the steering wheel, I have. This is a classic though, 33 years old. The rules change.

My involvement with this life has been limited, but I do know some things. I have heard about people buying classic cars and saying straight out "I'da give more if you hadn't painted it". They have classes of cars, IIRC a class A car has no bondo, all original paint, everything original, and that includes the windows. If they find one little piece of broken glass in the interior you are washed out of the class A.

From what I heard there is a class AA or something like that and the requirements are even more stringent. I mean all original parts, totally. There is an exclusion for things like oil and air filters and such, but that is all. Anything that is not considered a maintainence item must be from the factory. Those cars fetch the biggest money.

To illustrate how picky these people are, my neighbor has a 1972 Ford pickup with a 390 and a three on the tree. All original. It is a fine specimen, very clean and kept that way, and he is in a car club and has a couple of trophies from that truck. One year they bounced him right out of the competition. He was not happy after they spent all the time restoring it. Why did they bounce him out ? Because it had Tiger Paw tires on it. Those did not exist in 1972 so out you go. That's how these people are.This is not class A or AA or anything, but fanatics are fanatics.

If anyone has any advice on where and how to sell this car, or anything else concerning it, I would like to know. This is not the same as selling a 1996 Honda.

He plans to drive it home if possible, about fifteen miles I think. If it makes it, I am going over there and demanding to drive it at least once. I know how to drive a stick, let me rephrase that, I KNOW how to drive a stick. In the middle of the night in Cleveland, there is a place, no traffic, no cops, no nuthin. You can do 100MPH there. No spiel about endangering people here, I know the place, and there will be noone there to harm except myself.

We might kill ourselves in this car, which is another good reason to sell it. I need comfortable, reliable transportation, yes I like to have a bit of power behind the pedal, but except for a rare excursion here and there, my racing days are over. I have no desire. That is unless someone wants to meet me on I-71 and race the Porsche on the off ramp to Denison at W67th. That's the place I am talking about, it is miles long and at night it is empty. No traffic, no cars period. It's also wide enough so that if there is a car on the road you can just go around, no problem.

Anyway, after a bit of fun, it's time for it to go. This car is not in my dreams nor his, if I can't have a 1970 Toronado, I'll take a Buick Roadmaster. I mean the newer ones in the nineties. He would probably rather have a Chevy extended cab pickup with the biggest engine they offer, even though he is generally a reasonable driver. This car is really just an investment, but how to make it pay off the best is the question.

Something online ? EBay doesn't smoke my shorts anymore, I know there are other places but I really am not in the market for a classic, so I would be driving blind on the net. I know people will fly thousands of miles to pick up a car, where do I find them ?

T
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RE: Porsche - 8/24/2008 12:01:57 AM   
BKSir


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HELL!  If he doesn't want it, have him get the car and send it to me!  I LOVE Porche's

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RE: Porsche - 8/24/2008 12:12:10 AM   
Hippiekinkster


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Dude, where do you get these alphabet classifications of used collectible autos? I mean, some actual source, and not some hearsay from a buddy who read it in "Poison Dart Fisherman and Flopping Tits " magazine in the barbershop.

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RE: Porsche - 8/24/2008 2:18:14 AM   
Paulnz


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Sounds suspicious. If it isn't stolen, then it may have major work need doing. Even free, you need to have it checked over, by someone who knows what to look for.

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RE: Porsche - 8/24/2008 3:20:16 AM   
s661055


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he could start by finding the serial numbers from the motor and chassis and get those checked at the police, if the car is stolen they will have those numbered in their register..

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RE: Porsche - 8/24/2008 4:32:02 AM   
Paulnz


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quote:

ORIGINAL: s661055

he could start by finding the serial numbers from the motor and chassis and get those checked at the police, if the car is stolen they will have those numbered in their register..


Yes, it will have a VIN number.

Things to look out for are such things as flood damage. Some cars stored for a long time with low mileage may have actually been fully under water. The electrics, engine, everything could be stuffed. I once toyed with buying an Aston Martin DB4 like that, the farm it was on had flooded and no matter what people did they couldn't get it to run right. The guy who did buy it in the end ran it around town for years on 5.5 cylinders.


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RE: Porsche - 8/24/2008 5:12:23 AM   
Raechard


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quote:

ORIGINAL: Termyn8or
When you get a car that old with the original paint you don't paint it. He has never dealt with anything like this before, 47,000 miles, no rust through and 33 years old with original paint, I would shoot you if you tried to paint that car. When you paint that car, you go to Italy, find the OEM paint manufacturer and have them mix you up a batch of the original paint.Then you take it and the paint to Roman Chariot or someplace like that, if not a Porsche dealership.


Is Italy the place they make paint for a German car?

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RE: Porsche - 8/24/2008 5:38:52 AM   
Thadius


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If he couldn't find the VIN plate in the usual places, inside the left door...
Most Porsche makes have one in the trunk.. kind of between the tank and small access door, and if also under the back seats on the shifter tunnel.

Hope that helps a bit.

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RE: Porsche - 8/24/2008 5:40:46 AM   
camille65


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See if there is a local classic car group or even better a Porsche car lovers group in the area and ask their advice.

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RE: Porsche - 8/24/2008 6:20:40 AM   
TheHeretic


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         It's going to depend entirely on what it actually is.  A 911 and a 914, for instance, are very different cars.  $1500 might be too much, and taking it from sitting in an old lady's garage, to being able to drive it with some reliability could run you that again, or more, especially if you figure your time is worth something

        I would take the bird in the hand.  Get her to sign the title, drag it home and slap a 'for sale' sign on it as is.  Do the research while it's in his own yard.  Absolute worst case, somebody will hand him $2500 without a clue of what they are getting into.  If it is something a serious collector is going to want, they'll prefer you don't even change the oil.  Chances are, this was her son's car in college or something.  Low end of the line, beginner car, and if it was parked and forgotten, it probably gave him a lot of trouble.  Do you suppose 20 odd years of dust and neglect have solved those issues by magic?

        It's a cool moment, and easy money.  Greed is bad.


       P.S.  If it's a 914 with the six, it's completely worthless, but by a strange coincidence, I will happen to be in your part of the world in a week with a truck and flatbed trailer.  I could take it off his hands.

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RE: Porsche - 8/24/2008 6:37:33 AM   
Raechard


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Not to forget there is also a market for spare parts for classic cars in any case and it’s dead easy to sell spare parts on ebay thesedays.

I've heard of people that have bought bikes, taken them apart and sold them on for 100% profit in pieces.


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RE: Porsche - 8/24/2008 10:23:42 AM   
Termyn8or


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HK, maybe I didn't make it clear that I don't remember alot of things about classic cars. I thought that's what it's called, maybe it's something else, or it's something else now. But I know collectors are very picky.

Paul, true. Just because it starts and runs does not mean it's roadworthy. I shudder to think what it costs to fix these things. I don't think it's stolen given the circumstances.

S66, he is assuredly not going to take it without a title.

Raech, shows you what I know. That's why I asked. The point was that a collector definitely does not want the car painted. So it's a German car, you know what would be a funny twist, if the paint actually was made in Italy. There is a possibility, probably thin, but still possible. After all you see Bosch parts in many cars made all over the world, even the US. Fuel injection components come to mind.

Thad, I'm sure he will be checking the numbers, thanks for the tips on where to find them.

cami, that's not a bad idea. That also might be a good way to sell it, as I said, if it drives we want to drive it one or twice, but after that it's for sale.

Heretic, true, if there is too much wrong with it. Hadn't thought about changing the oil though, a collector would probably want to smell the oil and look at it, in it's condition when the car was parked. Incidentally the car used to belong to her now deceased brother in law. She might've liked the guy, after all she married his brother. Maybe it's a sore spot for her. I always look a gift horse in the mouth so to speak. I might take it home first, but I want to see those teeth.

Raech, as to your last post, I would like to think parting it out would be a last resort. It's not a good thing to part out something that is restorable, they aren't making any more.

Everybody, thanks for the tips/comments/whatever. I know alot about cars, but not this aspect of them. In the last year or so I turned down a Mercedes, even thogh my "goldfoot" was jumping, it needed a timing chain. When I found out what it takes to change the timing chain I dropped it like a hot potato. I think really I should've taken it and just sold it as not running on the open market, possibly double or triple my money, maybe. And no matter what kind of pain it is to do the job, with my mechanic it would not cost anywhere near the estimate they gave. What it boiled down to is for one the engine must be totally removed for the job, but that didn't scare me away. The dealbreaker was that I don't know if it is an interference engine or not.

For those who don't know, an interference engine is one in which if the timing chain or belt goes, the pistons hit the valves because they are not supposed to be open at the time. This bends the valves which will require their replacement. In some cases, if the chain fails at high RPM it can damage the piston, turning the whole project into a massive money pit. This is rare but it has happened and not being familiar with the car it just turned me off the whole deal. Five hundred bucks sounded real good until I found out a few things, among them, the things I DON'T know.

However, if this Porsche is really free and really legal, I smell money either way.

First thing is to get the car and the title, I'll keep you "posted". Meantime more opinions are welcome.

T

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RE: Porsche - 8/24/2008 10:36:44 AM   
Thadius


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Yeah the numbers are the important part, they will let you know what body style it is and help figure out which motor is in the beast.

Sounds like a fun project either way, good luck with it.

Edited to add: oh yeah and what the original color was

< Message edited by Thadius -- 8/24/2008 10:41:46 AM >


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RE: Porsche - 8/24/2008 11:04:20 AM   
bipolarber


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Provided it's not stolen, and there's no body of an ex boyfriend in the trunk...

Even if it's not running, you can't do too badly. Considering Porche charges $250 for a door handle mechnisim, (which was book for a 911, when I last repaired my Uncles' over ten years ago...) your bud could make out like a bandit, just towing it to a specialty junk yard, and selling it to them.

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