What would you do? I just got offered $25K for my car, Tempted... |
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What would you do? I just got offered $25K for my car, Tempted... |
Dr Evil |
Aug 6 2007, 03:05 PM
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#1
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Send me your transmission! Group: Members Posts: 23,002 Joined: 21-November 03 From: Loveland, OH 45140 Member No.: 1,372 Region Association: MidAtlantic Region |
So I had my new friend over. The one that deals in Porsche stuff, and cars all around. He sees my car in its current state (needing to be tuned, probebly new tires because these have been on it for 2 years parked, some minor body touch up, completely rust free with a rebuilt 2.7) and askes if I wanted to sell it. I was like, "now way, thats my child!" A little later we are heading over to one of his many parts hoards and I ask, "what would my car get out this way as it is?" He asked what I wanted and I said I dont want anything, I was just curious. Well I say jokingly, $50K and we both are like, Ya, a bit high." He then goes, How about $20K?" I am like,"Hmmm?" "How about $25K?" he asks. Wholy shit! Thats more scratch than I thought. He is serious and says he has a buyer lined up and that he will get more than that for it so he makes money on the deal and I make bank on it too. What should I do? Can I get another 914 in as goo a shape and have money to burn? What would you do?
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lotus_65 |
Aug 6 2007, 04:41 PM
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#21
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Senior Member Group: Members Posts: 1,608 Joined: 21-March 05 From: minneapolis, mn Member No.: 3,795 Region Association: Northstar Region |
a delema rapped up in a conundrum. i only know what i see, and the little i have read about your trick ride. i'd assume that there are things that you'd do different, and an equal number of things you don't think you could re-create to the satisfaction level you have now.
it doesn't sound like enough scratch to me. almost, but not quite there. good luck! |
swl |
Aug 6 2007, 04:41 PM
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#22
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Senior Member Group: Members Posts: 1,409 Joined: 7-August 05 From: Kingston,On,Canada Member No.: 4,550 Region Association: Canada |
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TROJANMAN |
Aug 6 2007, 04:44 PM
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#23
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Looks nice in pictures......... Group: Members Posts: 5,271 Joined: 5-March 04 From: Colorado Member No.: 1,753 Region Association: None |
sell it and buy a real four (IMG:style_emoticons/default/biggrin.gif).
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swl |
Aug 6 2007, 04:45 PM
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#24
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Senior Member Group: Members Posts: 1,409 Joined: 7-August 05 From: Kingston,On,Canada Member No.: 4,550 Region Association: Canada |
oh - forgot to answer the title question. What would I do?
Sell it in a heartbeat and start again. |
JRust |
Aug 6 2007, 04:47 PM
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#25
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914 Guru Group: Members Posts: 6,307 Joined: 10-January 03 From: Corvallis Oregon Member No.: 129 Region Association: Pacific Northwest |
Heck Evil I'm sure you'll clear that with your shirts (IMG:style_emoticons/default/happy11.gif) . Seriously though I would sell it. That is a very good price. Your car is beautiful & you have done well with it. You can get another solid car no problem & one with a 3.2 or 3.6. If you don't have time to work on it buy a newer Boxster wtih the dough. Still it comes down to how attatched you are to your car. I sold my 73 2.0 I had restored 5 years ago. Had some rough finances & had to do it. It was fine as I knew I could do another one & do it better having learned from my first. Still felt like I got kicked in the nuts when they drove it off though (IMG:style_emoticons/default/sad.gif)
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Chuck |
Aug 6 2007, 04:58 PM
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#26
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What it eventually will look like . . . . Group: Members Posts: 355 Joined: 29-March 07 From: Maple Grove, MN Member No.: 7,632 Region Association: Northstar Region |
A number of years ago I purchased a Honda motorcycle that I had lusted over for some time. I found one that needed work and took the time to fix it all up just the way I wanted and rode it for a number of years.
Then I finished law school. I was spending the summer studying for the bar exam and I knew it wouldn't get ridden that summer. We were also looking at buying a house. Even though I didn't need the money, I decided to sell the bike and told myself I could and would buy another. I got a really good price for it. I bawled like a baby when the new owner rode away on it. If you don't need the money and you really love the car; I would keep it. |
SirAndy |
Aug 6 2007, 04:59 PM
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#27
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Resident German Group: Admin Posts: 41,669 Joined: 21-January 03 From: Oakland, Kalifornia Member No.: 179 Region Association: Northern California |
Sell it and buy a "real six" (IMG:style_emoticons/default/aktion035.gif) (IMG:style_emoticons/default/agree.gif) |
markb |
Aug 6 2007, 05:06 PM
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#28
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914less :( Group: Members Posts: 5,449 Joined: 22-January 03 From: Nipomo, CA Member No.: 180 Region Association: Central California |
Finish it. Drive it. Then decide. (IMG:style_emoticons/default/driving.gif)
If your friend does this often, and has a buyer, the buyer might offer more after he's seen you driving around in it, and it works around in the back of his mind until he can't wait to get his hands on it. (IMG:style_emoticons/default/smile.gif) |
Spoke |
Aug 6 2007, 05:13 PM
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#29
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Jerry Group: Members Posts: 6,986 Joined: 29-October 04 From: Allentown, PA Member No.: 3,031 Region Association: None |
If $25K is more than what I had in it, sell it and buy a 911 with A/C.
Spoke |
Dr Evil |
Aug 6 2007, 05:14 PM
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#30
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Send me your transmission! Group: Members Posts: 23,002 Joined: 21-November 03 From: Loveland, OH 45140 Member No.: 1,372 Region Association: MidAtlantic Region |
Finish it. Drive it. Then decide. (IMG:style_emoticons/default/driving.gif) If your friend does this often, and has a buyer, the buyer might offer more after he's seen you driving around in it, and it works around in the back of his mind until he can't wait to get his hands on it. (IMG:style_emoticons/default/smile.gif) This answer, I like! Why hurry? He does do this often so it will only be worth more when I am done should I want to sell it. Moving back to 70:30 against. My heart is breaking a little, still. (IMG:style_emoticons/default/sad.gif) As for real /6, I really could care less then nothing at all. i want a car that I can do what I want with and a REAL /6 would not be a platform that I would enjoy fooling with. I would rather convert a /4 again. Or do a Suby conversion. |
Michael N |
Aug 6 2007, 05:15 PM
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#31
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Certifiable Group: Members Posts: 1,426 Joined: 6-June 04 From: San Jose, Ca Member No.: 2,164 Region Association: Northern California |
Sell it and buy a "real six" (IMG:style_emoticons/default/aktion035.gif) (IMG:style_emoticons/default/agree.gif) I'd sell it! |
So.Cal.914 |
Aug 6 2007, 05:22 PM
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#32
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"...And it has a front trunk too." Group: Members Posts: 6,588 Joined: 15-February 04 From: Low Desert, CA./ Hills of N.J. Member No.: 1,658 Region Association: None |
QUOTE As for real /6, I really could care less then nothing at all. i want a car that I can do what I want with and a REAL /6 would not be a platform that I would enjoy fooling with. I would rather convert a /4 again. Evil, have you seen Elliots car? Sell it and build yourself another kicka$$ car with a 3.0+ or one already done with all the goodies, you should still have money left over...or do a color change and have none left over. And while your in there... |
914-8 |
Aug 6 2007, 05:24 PM
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#33
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Senior Member Group: Members Posts: 802 Joined: 23-January 06 From: Cal Member No.: 5,461 Region Association: None |
Its not about the cash. Sure it is. Just whether it is enough cash. If he pulled out $50,000, the title of this thread would read "I just sold my 914." How much do you think you could get for the car if you tried to sell it on the open market? His offer seems about double what a converted 2.7 would get, tough not to jump on that, assuming he is serious. |
messix |
Aug 6 2007, 05:28 PM
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#34
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AKA "CLUTCH KILLER"! Group: Members Posts: 6,995 Joined: 14-April 05 From: between shit kickers and pinky lifters/ puget sound wa.north of Seattle south of Canada Member No.: 3,931 Region Association: Pacific Northwest |
sell? before you had the chance to enjoy the fruits of your labor... are you 'f'ing nuts!!!!!
finish as you can and enjoy it, then after you have had it done and driving then decide if you can live with out it or want/can build another one. |
Rleog |
Aug 6 2007, 05:33 PM
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#35
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Senior Member Group: Members Posts: 608 Joined: 12-October 03 From: Middleton, MA Member No.: 1,239 Region Association: North East States |
Keep it
Keep it Keep it! Decide a year after you've completed your residency. If you want to work on another one, by then you'll be able to buy it and still keep your original. I think you should listen to Noel. |
914nerd |
Aug 6 2007, 05:40 PM
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#36
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Who you callin' a "Member"? Group: Members Posts: 416 Joined: 18-July 06 From: Los Alamos, NM Member No.: 6,461 |
I would have to agree
If you don't need to sell, then hold on to it and get the chance to really drive it for a while Besides, a well-sorted 914 will always sell (especially one like that) |
Rand |
Aug 6 2007, 05:41 PM
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#37
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Cross Member Group: Members Posts: 7,409 Joined: 8-February 05 From: OR Member No.: 3,573 Region Association: None |
Tough choice Mike.
I think I could build a pretty nice 3.6 for that price. And I love the project phase. So I would sell. But if I didn't have the time or interest in building it myself, I would not sell for that price. What would a reputable shop charge to build *your* car? Damn these gray areas! The only easy way I see to force this to black & white is setting the price higher. At what price would you just sell without hesitation? If he comes up with that, then run smiling to the bank. Otherwise enjoy your car!! |
Dr Evil |
Aug 6 2007, 05:48 PM
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#38
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Send me your transmission! Group: Members Posts: 23,002 Joined: 21-November 03 From: Loveland, OH 45140 Member No.: 1,372 Region Association: MidAtlantic Region |
I have no where near $25K into this car (I have friends, made deals, and farmed work out to Mexico). I also know that it is a very VERY nice price for my car. That is what sucks. I will likely wait. I didnt want to sell it, the only thing that is making me consider it is that I need money (starving student getting married) and I could possibly get another good 914 that is running ang needs next to nothing and still have money left over. As for after med school, I dont want a new Porsche. I want to wrench. I am working medicine so I can afford a bigger garage, a lift, extra space for friends cars and a refrigerator full of beer in the large garage. Did I mention large garage!
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messix |
Aug 6 2007, 05:54 PM
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#39
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AKA "CLUTCH KILLER"! Group: Members Posts: 6,995 Joined: 14-April 05 From: between shit kickers and pinky lifters/ puget sound wa.north of Seattle south of Canada Member No.: 3,931 Region Association: Pacific Northwest |
I have no where near $25K into this car (I have friends, made deals, and farmed work out to Mexico). I also know that it is a very VERY nice price for my car. That is what sucks. I will likely wait. I didnt want to sell it, the only thing that is making me consider it is that I need money (starving student getting married) and I could possibly get another good 914 that is running ang needs next to nothing and still have money left over. As for after med school, I dont want a new Porsche. I want to wrench. I am working medicine so I can afford a bigger garage, a lift, extra space for friends cars and a refrigerator full of beer in the large garage. Did I mention large garage! just eat more top ramen and speggetti o's if'n your poor, it'll only be just a little while intil yer charging 'bout what my laywer does per hour, suck it up and you'll be fine. DON'T SELL! |
Pat Garvey |
Aug 6 2007, 05:57 PM
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#40
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Do I or don't I...........? Group: Members Posts: 5,899 Joined: 24-March 06 From: SE PA, near Philly Member No.: 5,765 Region Association: North East States |
Keep it!
A labor of frustration that's sooo close to becoming a labor of love. |
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