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> to bumble bee or not?, LE VIN. non-matching engine
iankarr
post Oct 4 2016, 09:20 PM
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Hi Guys,

I have an opportunity to buy a rusty tub for cheap that I normally would run away from, except for the fact that it's a legit bumble bee (with COA). It's missing a lot of stuff...like the original engine and the wheels. It does have the font spoiler and valances.

The dilemma is i'm pretty sure it'll cost way more to restore this car than it will ever be worth. But I can't bear the thought of it being cut up.

I'm wondering what the brain trust thinks.

If properly restored with a period correct engine, what do you think a #1 or #2 quality non-numbers matching LE could fetch?
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stevegm
post Oct 4 2016, 09:25 PM
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QUOTE(cuddyk @ Oct 4 2016, 11:20 PM) *

Hi Guys,

I have an opportunity to buy a rusty tub for cheap that I normally would run away from, except for the fact that it's a legit bumble bee (with COA). It's missing a lot of stuff...like the original engine and the wheels. It does have the font spoiler and valances.

The dilemma is i'm pretty sure it'll cost way more to restore this car than it will ever be worth. But I can't bear the thought of it being cut up.

I'm wondering what the brain trust thinks.

If properly restored with a period correct engine, what do you think a #1 or #2 quality non-numbers matching LE could fetch?



Yes, bumble bee. It will out appreciate a comparable non-LE car (non-matching), long-term. Even without the numbers-matching engine. By how much, is anyone's guess.
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Larmo63
post Oct 4 2016, 09:33 PM
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Do it. Just do it correctly.
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JeffBowlsby
post Oct 4 2016, 09:46 PM
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We have recent example sales illustrating this very issue. A non-original, period correct engine reduces the value of an LE car by 30-40%.
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Chris914n6
post Oct 4 2016, 09:56 PM
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The value today or years from now when you're done? (IMG:style_emoticons/default/poke.gif)

The extra value of the LE is rarity thus collectability. Wrong engine and it's just a tribute with a VIN.
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boxsterfan
post Oct 4 2016, 10:17 PM
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Any idea what happened to the original engine? If you know the original engine is toast (perhaps it grenaded itself) vs just missing in action, it might help your decision.

if I new the engine was toast and gone forever, I'd build an LE /6 with it.
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stevegm
post Oct 4 2016, 10:21 PM
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It's an LE whether it has the original engine or not. Just less desirable than a numbers-matching car. As they appreciate, the lack of the original engine will matter more and more. But the appreciation should pull the value of the non-matching car up, to some extent, as well.
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iankarr
post Oct 4 2016, 10:36 PM
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Thanks, guys. These are all great points.

The original engine is long gone. No one knows were it might be.
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mepstein
post Oct 5 2016, 05:37 AM
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If they lost 30-40 % without the numbers matching engine, maybe they just weren't a good salesperson. Its certainly a much higher % than what is usually expected.
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Johny Blackstain
post Oct 5 2016, 06:19 AM
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QUOTE(boxsterfan @ Oct 5 2016, 12:17 AM) *

I'd build an LE /6 with it.

I like this idea- nice 2 litre six & 5 lug Mahle gas burners, painted of course. As if it was a factory bumblebee on steroids. This would not be cheap, but it would be wicked cool (IMG:style_emoticons/default/happy11.gif)
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EdwardBlume
post Oct 5 2016, 06:26 AM
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If you like the LE, then enjoy it. If its for the money, then don't do it. Everything beyond the motor is replaceable.
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mepstein
post Oct 5 2016, 06:40 AM
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QUOTE(RobW @ Oct 5 2016, 08:26 AM) *

If you like the LE, then enjoy it. If its for the money, then don't do it. Everything beyond the motor is replaceable.

(IMG:style_emoticons/default/agree.gif) they are just numbers on an engine. Only matter for bragging rights and made up values at resale. Nothing to do with driving and enjoying the car unless you let others people's perception of the car needle you.
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Cracker
post Oct 5 2016, 06:42 AM
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Run. Easier projects to complete.

T
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JOEPROPER
post Oct 5 2016, 06:57 AM
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QUOTE(Cracker @ Oct 5 2016, 08:42 AM) *

Run. Easier projects to complete.

T

(IMG:style_emoticons/default/agree.gif) Run. You should continue the search for that Ravenna that your wife wants.
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malcolm2
post Oct 5 2016, 07:20 AM
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If you "run" let someone here know about the sale. Somebody would take it on. Maybe the guy looking at Craigslist Cadillacs that has been talking to squirrels. He admitted he needs a project. Wasn't he in NY?

http://www.914world.com/bbs2/index.php?s=&...t&p=2407094
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Chris H.
post Oct 5 2016, 07:21 AM
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Yeah unless you want an LE pass on it. You either want one really bad or you don't. Adding rust repair to it makes it worse. Someone else on the board might be interested though. If it's in jeopardy of being cut up maybe pass the info on to Jeff B or someone who could spread the word that it needs to be saved. Could already have some PMs about it.

You're probably right too that you'll never find the engine if it's not with the car. It's not like a 6 where you have a shot.
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iwanta914-6
post Oct 5 2016, 07:49 AM
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QUOTE(cuddyk @ Oct 4 2016, 10:20 PM) *

If properly restored with a period correct engine, what do you think a #1 or #2 quality non-numbers matching LE could fetch?


To me, if you are asking this question, you're doing it for the wrong reason. Do it for the love of the car. No matter what, you most likely will not get back what you put into it.

If you have the COA, post the engine serial number on every Porsche and VW site and maybe you can track it down. Some people have been lucky enough to find their matching engine.
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PanelBilly
post Oct 5 2016, 07:50 AM
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Send it to the crusher and raise the value of other CanAm cars. get the front spoiler and brackets first
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iankarr
post Oct 5 2016, 08:13 AM
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QUOTE(iwanta914-6 @ Oct 5 2016, 09:49 AM) *

QUOTE(cuddyk @ Oct 4 2016, 10:20 PM) *

If properly restored with a period correct engine, what do you think a #1 or #2 quality non-numbers matching LE could fetch?


To me, if you are asking this question, you're doing it for the wrong reason. Do it for the love of the car. No matter what, you most likely will not get back what you put into it.

If you have the COA, post the engine serial number on every Porsche and VW site and maybe you can track it down. Some people have been lucky enough to find their matching engine.


Thanks. I never expect to get my "investment" back. I believe that enjoying a collector car is the best (and only guaranteed) return. What's different in this case is that the spread between the cost to restore and the realistic value could be off the charts, which is why I wanted to poll the brain trust. At a certain point, I can envision being so far under water that it would affect my enjoyment. Trying to avoid that. This time at least (IMG:style_emoticons/default/wink.gif).
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iankarr
post Oct 5 2016, 08:15 AM
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...and...

If I decide not to move forward, of course I will share the top secret location of the bumble bee bunker so others can save it from the crusher.
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