914-6 Basket Case, What is the Bid/Ask spread? Options

[Unobtanium-inc]

The real value in buying a Porsche is find the tired driver. A tired driver will sell for very close to what a project car will sell for, it makes no sense, but it's true. I've sold driver's of a car for within 20% of a what I sold a project for, even though it would take 10's of thousands to make them equal.
Perfect example, I had a 63 Super 90 Sunroof car a few years ago, matching numbers, rebuilt motor by a known guy, a running/driving car, originally silver, with a goopy 80's red paint job. Bad floor job, but it ran and drove. I figured it was worth $50,000-60,000, nope I had for months and barely got $40,000. 6 months later I had a project super 90 sunroof car, needed everything, I got $32,000. It makes no sense, but it's true. Find a tired driver, fix it up over time, and you'll come out way ahead.

That’s what I’m looking for in a 912. Something I can keep on the road while I fix it up. No rustorations.

Me too! But somehow I end up in rustorations. It’s easy to give advice, but I don’t take my own well. (IMG:style_emoticons/default/biggrin.gif)

I can fall in love with any of these cars but then I take them home and they sit. If there was a reputable place that I could get metalwork done in a timely manner for a reasonable price, it would be different but I haven’t found that fantasy.

Poland, at least that's what the European's tell me, that is the metalwork fantasyland. I know guys who ship cars over from the US because they give you a flat rate, so any surprises are their's.
Seriously though, if anyone is looking for a car, now is the time to buy, there is less on the market, but the guys who are selling, need to sell. I don't plan on trying out the market until August/September but lots of guys can't wait that long.

[stevegm]

The real value in buying a Porsche is find the tired driver. A tired driver will sell for very close to what a project car will sell for, it makes no sense, but it's true. I've sold driver's of a car for within 20% of a what I sold a project for, even though it would take 10's of thousands to make them equal.
Perfect example, I had a 63 Super 90 Sunroof car a few years ago, matching numbers, rebuilt motor by a known guy, a running/driving car, originally silver, with a goopy 80's red paint job. Bad floor job, but it ran and drove. I figured it was worth $50,000-60,000, nope I had for months and barely got $40,000. 6 months later I had a project super 90 sunroof car, needed everything, I got $32,000. It makes no sense, but it's true. Find a tired driver, fix it up over time, and you'll come out way ahead.

That’s what I’m looking for in a 912. Something I can keep on the road while I fix it up. No rustorations.

Me too! But somehow I end up in rustorations. It’s easy to give advice, but I don’t take my own well. (IMG:style_emoticons/default/biggrin.gif)

I can fall in love with any of these cars but then I take them home and they sit. If there was a reputable place that I could get metalwork done in a timely manner for a reasonable price, it would be different but I haven’t found that fantasy.

Poland, at least that's what the European's tell me, that is the metalwork fantasyland. I know guys who ship cars over from the US because they give you a flat rate, so any surprises are their's.
Seriously though, if anyone is looking for a car, now is the time to buy, there is less on the market, but the guys who are selling, need to sell. I don't plan on trying out the market until August/September but lots of guys can't wait that long.

Very true! I have a feeling a few months from now will be the time to buy.

[Unobtanium-inc]

The real value in buying a Porsche is find the tired driver. A tired driver will sell for very close to what a project car will sell for, it makes no sense, but it's true. I've sold driver's of a car for within 20% of a what I sold a project for, even though it would take 10's of thousands to make them equal.
Perfect example, I had a 63 Super 90 Sunroof car a few years ago, matching numbers, rebuilt motor by a known guy, a running/driving car, originally silver, with a goopy 80's red paint job. Bad floor job, but it ran and drove. I figured it was worth $50,000-60,000, nope I had for months and barely got $40,000. 6 months later I had a project super 90 sunroof car, needed everything, I got $32,000. It makes no sense, but it's true. Find a tired driver, fix it up over time, and you'll come out way ahead.

That’s what I’m looking for in a 912. Something I can keep on the road while I fix it up. No rustorations.

Me too! But somehow I end up in rustorations. It’s easy to give advice, but I don’t take my own well. (IMG:style_emoticons/default/biggrin.gif)

I can fall in love with any of these cars but then I take them home and they sit. If there was a reputable place that I could get metalwork done in a timely manner for a reasonable price, it would be different but I haven’t found that fantasy.

Poland, at least that's what the European's tell me, that is the metalwork fantasyland. I know guys who ship cars over from the US because they give you a flat rate, so any surprises are their's.
Seriously though, if anyone is looking for a car, now is the time to buy, there is less on the market, but the guys who are selling, need to sell. I don't plan on trying out the market until August/September but lots of guys can't wait that long.

Very true! I have a feeling a few months from now will be the time to buy.

Now is especially good because the market has contracted so no one is buying inventory, but many have inventory left from before the drop, but need the money now. I've only bought one car since all this started, and I only grabbed that one because it was cheap.

[mepstein]

The real value in buying a Porsche is find the tired driver. A tired driver will sell for very close to what a project car will sell for, it makes no sense, but it's true. I've sold driver's of a car for within 20% of a what I sold a project for, even though it would take 10's of thousands to make them equal.
Perfect example, I had a 63 Super 90 Sunroof car a few years ago, matching numbers, rebuilt motor by a known guy, a running/driving car, originally silver, with a goopy 80's red paint job. Bad floor job, but it ran and drove. I figured it was worth $50,000-60,000, nope I had for months and barely got $40,000. 6 months later I had a project super 90 sunroof car, needed everything, I got $32,000. It makes no sense, but it's true. Find a tired driver, fix it up over time, and you'll come out way ahead.

That’s what I’m looking for in a 912. Something I can keep on the road while I fix it up. No rustorations.

Me too! But somehow I end up in rustorations. It’s easy to give advice, but I don’t take my own well. (IMG:style_emoticons/default/biggrin.gif)

I can fall in love with any of these cars but then I take them home and they sit. If there was a reputable place that I could get metalwork done in a timely manner for a reasonable price, it would be different but I haven’t found that fantasy.

Poland, at least that's what the European's tell me, that is the metalwork fantasyland. I know guys who ship cars over from the US because they give you a flat rate, so any surprises are their's.
Seriously though, if anyone is looking for a car, now is the time to buy, there is less on the market, but the guys who are selling, need to sell. I don't plan on trying out the market until August/September but lots of guys can't wait that long.

Very true! I have a feeling a few months from now will be the time to buy.

Now is especially good because the market has contracted so no one is buying inventory, but many have inventory left from before the drop, but need the money now. I've only bought one car since all this started, and I only grabbed that one because it was cheap.

I agree. There will be sellers that need the money more than the project and I think many people won’t start buying again until their 401k is back to normal.