Home  |  Forums  |  914 Info  |  Blogs
 
914World.com - The fastest growing online 914 community!
 
Porsche, and the Porsche crest are registered trademarks of Dr. Ing. h.c. F. Porsche AG. This site is not affiliated with Porsche in any way.
Its only purpose is to provide an online forum for car enthusiasts. All other trademarks are property of their respective owners.
 

Welcome Guest ( Log In | Register )

> Project: Nugget - Intro, full resto or build with parts-on-hand?
Chris914n6
post Jul 12 2019, 02:40 PM
Post #1


Jackstands are my life.
****

Group: Members
Posts: 3,323
Joined: 14-March 03
From: Las Vegas, NV
Member No.: 431
Region Association: Southwest Region



So I picked up this 71 from a local member, who just wanted the 1.7L block and tailshifter for his racing pastime. Currently looks like a burnt chicken nugget but is the special order Gold Metallic underneath. Interior is missing, all rubber & plastic is sun destroyed, but the chassis is solid.

Currently debating if I should buy the original 1.7FI eng/trans while I still can and spend beaucoup time and money on a full resto (needs a new everything), or use up some of my parts stash (2.oFI & side shifter, 2 seat interior & 6x15 cookies) and build a car I’d want to drive a few years before needing to sell it off in 5 to 10 to fund retirement.

(IMG:http://www.914world.com/bbs2/uploads_offsite/live.staticflickr.com-431-1562964002.1.jpg)

(IMG:http://www.914world.com/bbs2/uploads_offsite/live.staticflickr.com-431-1562964003.2.jpg)

(IMG:http://www.914world.com/bbs2/uploads_offsite/live.staticflickr.com-431-1562964003.3.jpg)(IMG:http://www.914world.com/bbs2/uploads_offsite/live.staticflickr.com-431-1562964003.4.jpg)

User is offlineProfile CardPM
Go to the top of the page
+Quote Post
 
Reply to this topicStart new topic
Replies
mepstein
post Jul 12 2019, 06:52 PM
Post #2


914-6 GT in waiting
***************

Group: Members
Posts: 19,280
Joined: 19-September 09
From: Landenberg, PA/Wilmington, DE
Member No.: 10,825
Region Association: MidAtlantic Region



So let’s say you spend $50k making it new/the way other people like it. How long will it take to recoup? Or you build the car you want and enjoy it. Then sell it for market value. You just have to decide who you are building it for.

My feeling is the only way you make a profit on restorations is to have a customer writing a check for parts and labor from day one. When you build it, hoping they will come, you never get paid in full for your labor.

Case in point- if building restorations on spec made money, shops would buy a project, restore it and then sell for a profit to a buyer vs dealing with a customer from day one.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post

Posts in this topic


Reply to this topicStart new topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 



- Lo-Fi Version Time is now: 23rd May 2024 - 04:46 AM