36 replies to this topic

[tominizer]

So I'm up here in Canada looking at an originally owned Florida car.  It needs work but it's not something I haven't tackled before.  I just was able to have a quick visit due to time restriction in my lifestyle (!!) and wasn't able to drive it or verify mechanic condition.

 

 

• 1995 968 cab
• Black on black
• 62000 miles
• Cosmetically paint is rough and un-cared for (I'm picky with black cars though).
• Hood has some funny tiny bubbling happening all over the place in circular form like something dripped on the hood.  But paint looks original.
• Front bumper has been repainted and it was a terrible job.
• Driver's front fender has a thumb sized dent that goes down to metal.
• All the panels seem to align properly.
• Top looks fine, rear window has been replaced.
• Gaskets for the top on the sides are torn and need replacement.  Are these even available ??
• Driver's seat is a wreck.  Passenger seat is tolerable.  Replacements would be in order.
• Top of the dash is really badly cracked up.  I've pulled dashes like this before and so recovering it myself is entirely do-able.  But those vents are badly warped as well.  Mind you I think I saw a kit that installs from the top that cleans this up.
• A-pillars are REALLY wavey and need replacing.
• Missing the cigarette lighter!!  Also under the hood on the driver's side of the rad/air intake, I've seen in other 968's some sort of black plastic trim/box there.  It's missing on this car.
• I didn't see any obvious leaking up front under the hood.
• This black on black car looks like it was baked out in the sun a lot from the shape of the interior.

 

In USD, I believe they are asking around $15,600.  I think I can get them down a few thousand out the door in as-is condition.

 

Mechanicals need to be looked at and car needs to be driven still. I need to print out the PPI checklist from this site as well.

 

 

If mechanicals and the drive checks out within reason, I'm just unsure if this is a fair price for a cosmetic fixer upper?  So your thoughts would be appreciated for this 968 newbie........

[banditsc]

In the US that is a $9k car at most.

[PorscheG96]

Wait for a better car. That one sounds like a big headache.

[wildcat]

The price is way wrong, and the condition is very questionable... ditto the last post most adamantly!

[Kaj Hallstrom]

I paid US$13,700 for a car in near perfect shape with 59000 miles on it. I think you can do better!!

[williamoss]

The car might need new fly wheel and clutch and a transmission rebuild, all totaled approx. $6,000, US as mine did. and then all the rest as mentioned. Look for another or if you can afford it, buy it cheap for a parts car.

[Rap]

Be patient and you will find your car!

[94SilverCab]

PASS!

[MCL968]

Run fast, run far!

[ds968]

Same suggestion as everyone else here .

[Bulti]

Can you say "money pit"?

[MCL968]

Yes, the low miles are the only selling point. Everything else screams RUN AWAY!

[Kaj Hallstrom]

My strategy has always been "Let the car come to you" don't chase one. It requires time and patience but it's worth it. It took 3 years before my 968 came to me.

[flash]

it doesn't sound well cared for.  based on what i am reading, you are looking at likely $10k to sort out the car (belts, paint, interior, yada yada).  that's a lot to spend, especially since you will likely find more that needs to be done.

 

i've said it before, and i'll say it again.  in the end, a cab will cost you nearly $25k no matter if you buy a clean one that is already sorted, or buy a bucket and fix it.  that's just what it costs.  it's really just a question of the cost over time.  spend it all at once and be done, or spend it in large chunks over the first 2 years.

 

here is one that is done, and has a whole lot more stuff, and fewer miles:

 

http://www.968forums...-available-now/

[Inkedupfatboy]

I offered mine as well and was turned down due to the price. The Canadian dollar is very weak right now against the USD. The Canadians currently visiting Florida who are used to buying antiques cheap and then making a boat load of cash up north are now finding it difficult to buy at current prices because after the exchange, they will lose money. They try to cut me off at the knees in my shop and seem upset when I can't or won't give as much as a discount as they want. I am not in the antique business to help other people make money, I am in it to make myself (not a lot) but some money. Other dealers seem to miss that point. (Buy high, sell low and make it up in volume rarely works)

 

I think I will consider my car off the market for the near future (unless someone is serious about my price or close to it with cash) and just wait for the prices to go up. I probably won't drive it much since it will soon be too hot to dive a cab in Florida. It's not eating anything so I don't have to sell it.

 

I hope he finds his car but Flash is right. I bought a very clean car cheap, but it still cost me around 15k to get it done. My price basically breaks me out close to even. People don't understand that until they have a bunch of receipts in front of them. The old commercial was right, pay me now, or pay me later.

[Rap]

I think Flash is right and his advice is sound as is Kaj's. I bought a queen, paid for it, and have only had to spend on regular upkeep. However here is a rub which I hope future potential buyers won't take too much notice of. I also bought a car to track and got it for under 8000. It needed some minor repais and as such could have been that "find". Meaning of course that I wouldn't have had to spend a lot to make it right.The previous owner kept every piece of paper the car ever generated and kept good car of the car.
But having looked a while for the second car I believe that I got lucky when I found it. I got luckier after Max did the PPI and I was able to negotiate the price down from 10. Luck continued because this gentleman had just purchased a Cayman and was anxious to sell.
So while luck does happen, waiting for it to happen just might try your patience. Patience however is a good attribute while looking for the right car with the right conditions!

[tominizer]

I walked away. If it was being sold for $13k Canadian I would have jumped on it but the owner thinks he's selling gold mine potential. Maybe. But not for what he's asking.

Thank you everyone for your advice and help

[MCL968]

In case you are not familiar with this site, you need to try Ad Hunter. They search all the CL sites and report back the findings on a single page.

 

Here is the search I did today for Porsche 968:

 

http://www.adhuntr.c...a&sa=Search&m=1

 

That's how I found my Cab in Los Angeles a few years ago.

 

Good Luck!

[wildcat]

Yeah that's kinda fun... a '93 cab with 38k  for $8500 and an '86 968... or is that a 944? 

[tominizer]

Today, drove a '92 coupe without the m030.

188k km
Red on black
Interior excellent condition
Well maintained car
Drove stead and had no issues
All maintenance up to date
Uncracked dash
Seats in very good shape.
Car is all original except the oversized Porsche wheels
PCCA member
No accidents but has been repainted. Paint job is so-so. Up close there's lots of fish eyes and some paint pooling lines as if the parts were off the car and too much paint was applied in some areas.


Asking $16,150 USD

I thought this may be high for 117500 mile 968 ?? Thoughts

Edited by tominizer, 24 April 2016 - 08:26 AM.