Was this a good deal?, Restore it or part it? |
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Was this a good deal?, Restore it or part it? |
bgravolet |
Oct 1 2014, 10:16 PM
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#1
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Newbie Group: Members Posts: 5 Joined: 3-October 06 From: New Orleans Member No.: 6,983 |
Hello I'm hoping you can help me figure out if I made a good deal or not. I purchased a 1976 914 for $2,000. It has pretty bad rust in the passenger longitudal. When you jack the car up it flexes and you can not open the door. Other than that it is in fair shape.
The service records go back to 1978 and it is believed to have a genuine 79,000 miles. It will need a repainting in the factory yellow color as the one bare metal repainting is not holding up well. The interior is in good condition with the exception of the yellow tartan on the seats. It is a heavily optioned car with A/C, fog lights, Fuchs wheels and the original fuel injection still in place. The smog pump is present also but not plumbed up. It is not running and I am a told it needs trigger points in the distributor - any help finding a set would be appreciated. What are your thoughts? Thank you, Ben |
CptTripps |
Oct 3 2014, 07:05 AM
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#2
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:: Punch and Pie :: Group: Members Posts: 3,584 Joined: 26-December 04 From: Mentor, OH Member No.: 3,342 Region Association: Upper MidWest |
QUOTE Anyway, a 2K flexmobile sounds overpriced and not worth fixing, unless you LOVE the car. As stated above, assuming other things are in good shape, you can probably recoup this from the parts, and then start over with a better car. Unfortunate as it is to hear...I gotta agree. I know what it's like to pay too much for a project car. But even if you sold it now and took a loss, you'll be well ahead on buying a better car that you feel safe driving. Here's a thought... $2,000 - This Car -$1,200 - Sell it outright to someone on Craigslist. (Try to get your $2K though) = -$800 $3,500 - Decent driver that doesn't need repaired. ---- $4,300 - Not too shabby for a safe car that isn't going to put you or others in danger. Or... $2,000 - Current Car $2,500 - Repairing it the right way ---- $4,500 - And a shit-ton of time/work to get you there. |
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