Comments on: Tempting Porsches #21

By: Andrew

Andrew — Fri, 07 Aug 2009 00:55:03 +0000

Not all of the cars on that ezsalvage.com site look that easy to actually salvage. I wonder if I’m going to see my car I rolled on Monday up on there. It would be tough/risky to gamble on that side with the hopes of getting a steal of a deal.

By: Brad

Brad — Thu, 06 Aug 2009 17:47:45 +0000

Adding things up i`m thinking also that those RUF wheels alone are worth probably 3 to 4 K,,They are the desirable satin finish. …And that slantnose clip….Gotta be a good haul there. …If the drive train turned out to be a bust.

By: ruthless bookie

ruthless bookie — Thu, 06 Aug 2009 17:45:27 +0000

I have a client who specializes in restorations, and I ran this one by them, and the first thing they said was “I’d have to see it first”. But, they also pointed out that if you were buying it from a Porsche salvage specialist, you can ask for a detailed inspection report before bidding, and that would bind them as sellers to a statement of the car’s condition. If the car didn’t meet the condition stated in the inspection report, you have a good case for getting your money back.

By: Brad

Brad — Wed, 05 Aug 2009 23:59:57 +0000

I hear ya bookie!

By: Brad

Brad — Wed, 05 Aug 2009 22:18:22 +0000

I hope nobody thinks im reckless. I guess my hypothetical view here is based on what if the car was agreed to be let go for 11k? I really think you get your funds back on parts if you find the worst with this car….More than 11k? the hypothetical picture changes

By: Brad

Brad — Wed, 05 Aug 2009 22:14:44 +0000

Another option that exists is contact someone in POA in the area where the car is for sale and throw them a few bucks to look it over. I suppose they could steal from under you if they like the car too …theres risk everywhere

By: ruthless bookie

ruthless bookie — Wed, 05 Aug 2009 22:05:11 +0000

Brad – My dad was an auto part dealer when I was growing up, so ALL my cars were fixer-uppers. The point I was making was in the context of online bidding without seeing / inspecting the car first.

By: Kristina Brown

Kristina Brown — Wed, 05 Aug 2009 20:53:20 +0000

Aww, sorry you didn’t get a sweet deal on the slantnose. You tried though & you never know, sometimes the stars in heaven align just right. It pays to be optimistic and determined.

By: Brad

Brad — Wed, 05 Aug 2009 19:37:25 +0000

A point you make is for sure bookie…But it almost seems you made one bad deal and tainted your risk taking forever lol. I play by averages. If you think i dont have any tough stories you would be wrong, If you would say all of them were bad you would be wrong too…So it all comes out in the wash. 50% went worse than i wanted, 50% were better than i expected…with reasonable common sense and not total abandon of that always intact… some risk taking had to enter the mix.

By: james o

james o — Wed, 05 Aug 2009 19:31:20 +0000

I would have to agree with Ruthless. Buying a Porsche without having it inspected can be very costly. We routinely tell people who come to us that it isn’t cost effective to restore their car. Our advice is unless they have a sentimental attachment to it, go out and spend the money to find the very best car they can find and enjoy it. Anybody considering buying a cheep Porsche and fixing it up should first pick up a Stoddard catalog and look at what the prices for parts alone will be. If you have the ability to make the repairs your self great, but if you have to pay to have the car worked on expect it to be very expensive. The truth about fixing old cars is that it always costs more than you think, it always takes longer to get them done and something always goes wrong. I hope that this helps somebody, I have seen people get in over their heads to many times and they end up losing money because they just didn’t know.