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markey164
Newbie


Joined: 21 Aug 2015
Posts: 7



PostPosted: Fri Aug 21, 2015 3:01 pm    Post subject: Field Find - '87 Carrera - Worth buying/ Value? Reply with quote

Hi all,

I'm a current 928 S4 owner, but have just signed up here, as I'm going to look at an '87 Carrera 3.2 Cabriolet, that has been sat in a field for 5.5 years, which i might take on.

I've no idea yet what i'm going to find. I'm told it was in good working order when it was parked up, but it hasn't been used or driven since.

Obviously we'll need to go over it to check its condition, checking the floor for corrosion is the biggest concern i'd imagine.

We aren't likely to be able to check the underside (ie get it on a ramp etc) before purchase, so may have to take a gamble.

What range (min/max) would you guys estimate a car such as this, in the given circumstances to be worth as it stands? (assuming average condition/mileage and expected weathering)

Also what is likely to need sorting after this amount of time, other than brakes and corrosion?

TIA
 
  
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ragpicker
Sepang


Joined: 14 Apr 2013
Posts: 2915
Location: North East England


PostPosted: Fri Aug 21, 2015 3:36 pm    Post subject: Reply with quote

Surprised

Brave man.

I once bought a '97 E36 328 which had been sat in a field for 2 years. These cars are known to rust a little bit on the wheels arches and such.

When I got going with it, it was absolutely rotten. Under the sealant for the floor it was rusted through, every nut/bolt/cable was rusted off. in the end I had to replace all the running gear with new stuff and have the floor welded.

I've never been lucky enough to have a mid-80's carerra, but from what I've read on the 964 (and earlier) forum on this site, they are known to rust absolutely everywhere. Even when well maintained!

I do hope you post back your findings and document your progress if you pull the trigger!

Pop Corn
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markey164
Newbie


Joined: 21 Aug 2015
Posts: 7



PostPosted: Fri Aug 21, 2015 4:01 pm    Post subject: Reply with quote

Totally appreciate it will likely need a total stripdown, probable respray and a lot of work, welding etc. I'm looking at it as a mid to long term project.

I'm just not sure what sort of money its worth as it stands?
 
  
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kas750
Paul Ricard


Joined: 31 Mar 2013
Posts: 3177
Location: lancashire

2006 Porsche 911

PostPosted: Fri Aug 21, 2015 4:14 pm    Post subject: Reply with quote

A cabriolet is not the most popular model so this will have a big effect on its value/viability.I wouldn't consider it unless you can check the underside. The repair cost on a rotter can be ruinous.
 
  
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ragpicker
Sepang


Joined: 14 Apr 2013
Posts: 2915
Location: North East England


PostPosted: Fri Aug 21, 2015 4:36 pm    Post subject: Reply with quote

A friend of mine sold an impact bumper 911 shell and running gear needing restoration for £7k with no engine.

It was needing quite a lot of work but nowhere near what I imagine will be needed with this one.

To be honest I dont think anyone will be able to advise you without some pics to see, but i would say around the £7-9k mark if it needs a lot of work and the engine turns over.

Dont know
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markey164
Newbie


Joined: 21 Aug 2015
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PostPosted: Fri Aug 21, 2015 4:41 pm    Post subject: Reply with quote

I was thinking it might be worth £5k tops as it stands, and assuming the engine almost certainly won't turn over. In fact I wouldn't even like to try it without some basic maintenance, belt changes etc. Not sure i'd want to pay more than that.

I totally appreciate it might be rotten and not a viable restoration project, however, the car isn't worthless, even as a breaker.

I will stress to the seller it could be non restorable, and needs to be priced accordingly, so what would it be worth as a breaker?

Last edited by markey164 on Fri Aug 21, 2015 4:44 pm; edited 1 time in total
 
  
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New997buyer
Dijon


Joined: 17 Oct 2010
Posts: 7782



PostPosted: Fri Aug 21, 2015 4:41 pm    Post subject: Reply with quote

Terrible copy of the video but it let's you know enough as this was a convertible sitting on a driveway. Sitting in a field you can expect it to be even worse.


Open Youtube Page


As an investment it's probably not worth it unless you're doing all the work yourself. But in 3-4 years time these things could be double what they're worth now, with convertibles because of the rust getting very rare.

You're call but don't underestimate the potential for drama and pain. Surprised

Or you could get lucky Dont know

But at the minute I'd be thinking 'donor car' rather than 'resto car'.

But that's IMHO. Other views are of course available Thumb
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markey164
Newbie


Joined: 21 Aug 2015
Posts: 7



PostPosted: Fri Aug 21, 2015 4:46 pm    Post subject: Reply with quote

I saw that episode, it was a Supersport that had an electrical fire under the seat IIRC. It had heavy corrosion in the floor and door pillars and was a borderline breaker.

They said it was one of their hardest restorations! Smile
 
  
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New997buyer
Dijon


Joined: 17 Oct 2010
Posts: 7782



PostPosted: Fri Aug 21, 2015 4:55 pm    Post subject: Reply with quote

markey164 wrote:
I saw that episode, it was a Supersport that had an electrical fire under the seat IIRC. It had heavy corrosion in the floor and door pillars and was a borderline breaker.

They said it was one of their hardest restorations! Smile


Glad you have seen it already as I'm sure the bloke that filmed the Youtube clip is doing something funny in the TV reflection............. Surprised

It's funny you know but I'm sure 10-15 years ago a 356 Speedster in the same circumstances would have been uneconomical............you just can't know how these things will turn out....... Dont know
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wasz
Albert Park


Joined: 28 Dec 2012
Posts: 1594


1999 Porsche 996 Carrera 2

PostPosted: Fri Aug 21, 2015 4:58 pm    Post subject: Re: Field Find - '87 Carrera - Worth buying/ Value? Reply with quote

markey164 wrote:
I've no idea yet what i'm going to find.


RUST

Unless you are handy with the welder its going to cost.

If they will let it go cheap and you have dry storage, then buy it and lock it away for ten years Very Happy
 
  
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cheshire911
Paul Ricard


Joined: 10 Jun 2012
Posts: 3324



PostPosted: Sun Aug 23, 2015 11:25 am    Post subject: Reply with quote

Try a search by author: clarkycat

he posted up some comments about these earlier cars and the rust he experienced and how much it cost to put right.

You are virtually into a money pit. If you really hanker for one, consider buying one where someone else has taken the pain of restoration - and even then, have it inspected by a classic car restorer who will know where to look for corrosion.
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clarkycat
Estoril


Joined: 11 May 2011
Posts: 3902
Location: Oxfordshire


PostPosted: Sun Aug 23, 2015 1:09 pm    Post subject: Reply with quote

cheshire911 wrote:
Try a search by author: clarkycat

he posted up some comments about these earlier cars and the rust he experienced and how much it cost to put right.

You are virtually into a money pit. If you really hanker for one, consider buying one where someone else has taken the pain of restoration - and even then, have it inspected by a classic car restorer who will know where to look for corrosion.


Thanks,
Long story short:

My 3.2 was an MOT'd car with ace interior and rebuilt engine and gearbox.

The bodywork cost was going to exceed £16,000 to get the rust out (eg NOT a patch up or bits welding in as that is what most of these cars get).

I sold it and bought my 993 for £16,500!
Cool

IMHO when it comes to 3.2 and SC cars. A good shell with no engine is worth more than a good engine in a shell that needs work.

A bad shell with an engine that needs work, if bought for £50, is a time consuming project that you might break even on, if you do all the work yourself, and figure your labour rate is 1p an hour...

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isysman
Zolder


Joined: 22 Apr 2011
Posts: 5329
Location: Cheshire


PostPosted: Sun Aug 23, 2015 1:55 pm    Post subject: Reply with quote

Who parks a Porsche in a field and leaves it for 5 years?

I'll try to stay positive here. I'm no expert but I saw an episode of Wheeler dealer recently and he hand cranked the engine because a car had been sat for 17 years. He wanted to make sure the engine hadn't seized. I'd suggest doing the same if possible.
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clarkycat
Estoril


Joined: 11 May 2011
Posts: 3902
Location: Oxfordshire


PostPosted: Sun Aug 23, 2015 5:58 pm    Post subject: Reply with quote

isysman wrote:
Who parks a Porsche in a field and leaves it for 5 years?


TBH if you picked the right 5 years, lets say 2008 to 2013, then it would have doubled in value AND achieved the ridiculous 'premium' that barn/field finds tend to attract...

Moss.

That is where the money is, if you can get moss or algae growing on it (easy on a cab roof) then it enters the 'a good clean would work wonders' realm of wishful thinking that occurs when anyone posts pictures of a slightly green car on a car forum. Whack a birds nest in the glovebox and someone will buy it for silly money faster than his missus can leave him.
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coomo
Spa-Francorchamps


Joined: 24 Oct 2013
Posts: 361
Location: Essexboy at home.


PostPosted: Sun Aug 23, 2015 6:44 pm    Post subject: Reply with quote

What a bunch of defeatists! Get it bought.Stripped out(2 weeks)Then buy a rotiserie and bolt it on.
90% of the panels are available, some you might have to fabricate.
Learn to mig weld.Might take a few weeks but rocket science it aint.
Ive currently 1x 911 and 3 924t to restore.All in the planning guys!
 
  
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clarkycat
Estoril


Joined: 11 May 2011
Posts: 3902
Location: Oxfordshire


PostPosted: Sun Aug 23, 2015 9:52 pm    Post subject: Reply with quote

Buy it yourself!

Then you can have five cars you are planning to restore.
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ragpicker
Sepang


Joined: 14 Apr 2013
Posts: 2915
Location: North East England


PostPosted: Sun Aug 23, 2015 10:16 pm    Post subject: Reply with quote

Have we any pics or further info on this little gem yet?
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coomo
Spa-Francorchamps


Joined: 24 Oct 2013
Posts: 361
Location: Essexboy at home.


PostPosted: Tue Aug 25, 2015 7:37 am    Post subject: Reply with quote

clarkycat wrote:
Buy it yourself!

Then you can have five cars you are planning to restore.
thumbsup

Couldnt live with a soft top Porsche! nooo
 
  
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markey164
Newbie


Joined: 21 Aug 2015
Posts: 7



PostPosted: Tue Aug 25, 2015 10:17 pm    Post subject: Reply with quote

ragpicker wrote:
Have we any pics or further info on this little gem yet?


Not yet! I've arranged to go and see it in a few weeks as I am out of the country at the moment Smile. I've got a date of October 3rd. I'll post back some pics once I've seen it Smile.

Still looking for thoughts on likely value, even as a breaker? I was thinking £2-3k but unsure of parts value for one of these.
 
  
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coomo
Spa-Francorchamps


Joined: 24 Oct 2013
Posts: 361
Location: Essexboy at home.


PostPosted: Fri Sep 04, 2015 7:56 am    Post subject: Reply with quote

markey164 wrote:
ragpicker wrote:
Have we any pics or further info on this little gem yet?


Not yet! I've arranged to go and see it in a few weeks as I am out of the country at the moment Smile. I've got a date of October 3rd. I'll post back some pics once I've seen it Smile.

Still looking for thoughts on likely value, even as a breaker? I was thinking £2-3k but unsure of parts value for one of these.

As a breaker, due you intend to break it yourself? If so it will require a lot of time and effort.If the car is complete,you always have the Ebay option.It will make at least 10k as a project.All imho.
Ive just bought an 86 3.2.It has a fair bit of rust.in fact they ALL do.Its just it only becomes apparent when it becomes visible.
I paid 15k for the car.I really wanted it fr 12k.That wouldnt have bought it though.Having said that ill be tearing it apart and starting again.
 
  
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