924Board.org

[Benjamin Schley-May]

So heres my little dillema: i have a '78 924 that i bought last summer on a bit of a whim. It runs well, has no MAJOR Mechanical issues but is stock, un-restored and showing its age. im 18 years old and want a project to work on that i can at least come somewhat close to breaking even on. so im wondering is there any kind of a market for these cars once they are repaired/restored & customized(talking about reasonable performance upgrades like 4 wheel disc brakes,suspension,doing something about that dog of an engine ect...). what does a nice one like that go for?

[ideola]

It is unlikely you will break even on it if you're only looking at it from a purely dollars and cents perspective.

The intangible return of driving a real Porsche on a non-Porsche budget, however, is immeasurable The 924 is the biggest bang for buck (IMO) second hand sports car you can find.

Maintain your car for investment.
Restore it for personal gratification of driving a sweet car.
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erstwhile owner of just about every 924 variant ever made

[Lizard]

easy answer no, you will never get what you put into the car, not in any car I have seen will you, unless you go completely custom, like a street legal formula 4 style lol
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3 928s,

[John Brown]

Nope
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John
80 931 - #931 44Cup
99 Escalade - tows track cars
gone but not forgotten: original 924.org car - 82

[924guy]

if you break even on a "924 investment" consider yourself lucky. anyone who plans to make money off a 924 usually ends up dissapointed. you can easily spend 8-10 grand on a properly restored 924, and many of us here have, and then some..this on a car wed be lucky to get $2500 for..
the investment here is in the driving experience and fun....in that, the 924 is priceless.
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Eric
78 924
82 931 SE "smokey"
99' VehiCross
Y2K Honda Insight
http://www.cardomain.com/id/924Guy
Performance by Pasha

[Mike924]

ideola and 924guy have it right on!
_________________
1985 Porsche 924 'Lux', Kalahari Beige (my ex)
1993 Porsche 968 Coupe, Midnight Blue, 6 spd

'There is no substitute for a little grease under your fingernails.' - Chrenan, 924board.org

[Benjamin Schley-May]

thanks for the input guys.
the reason i asked is because i wont actually get to enjoy the car that much seeing as my parents dont want me driving a car without airbags and modern safety features. I guess if i want to get paid for repairing cars i should become a mechanic.

[simsport]

Hey!
I have the answer!
You design an airbag that fits to you and not the car and you can drive any car you want.

Any other advanced engineering advice by fee only.....

Simon
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Blown is always best!

[Minus000]

I would say no. I bought a 78 924 when I was in my last year of highschool. I have fixed it up to the point I am satisfied how it runs and looks. I payed 2500CDN for the car and have reciepts for around 4000CDN in work and parts. I will need to sell the car before fall as I will be returning to college and need tution money. I had listed it last summer for 5600CDN but will be asking around 4800CDN when I attempt to sell it agian. I realy enjoy the 924 and would recomend it, I am glad I had the experience of owning and restoring this car despite the fact I will be loosing money, I have gained much more.

[macBdog]

Disobey your parents and get it to pick up chicks. A leather jacket and tattoos could be a good idea too.
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1979 931 with a 350 chev
1973 911E with EFI

[924guy]

just an fyi, but the 924 is one of the safest cars out there, and far safer than most new cars imho. there is a long thread on safety , and the strong structure of the 924 here someplace, do a search and itll pop up..

id much rather be in an old non airbag 924 , than a brand new kia or some other such pos during an accident, thats for sure..and dont even get me started on airbags.. ...
_________________
Eric
78 924
82 931 SE "smokey"
99' VehiCross
Y2K Honda Insight
http://www.cardomain.com/id/924Guy
Performance by Pasha

[Gram]

doing something about that dog of an engine

Oh..?
_________________
'82 924 NA Euro (hers)
'98 Audi A4 TDI (ours)

[ideola]

[Roger]

I am not familiar with the economics of other Porsches, but there are very few cars of any make that are an investment in the short term. Let alone profitable to restore. Most people restore cars for other reasons than profit.

Or to put is simply NO!.
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1981 924 NA

Some people are like Slinkies. Not really good for anything, but you
still can't help but smile when you see one tumble down the stairs.

[skemcin]

wow - I love ideola's response and couldnt agree more. Everything he said there is worth reiterating - mainly that the driver is the best safety feature. I cant stand how "spoiled" americans have become (yes I am american) and the luxury's and expectations of the automobile have been the catalyst. I remember just back in 1980 when the Honda Accord came with something like 20 options when the Ford Thunderbird came with 200+ . . .

Anyway - ask your parents if they know what IPDE is. If they say WHAT?, then take ideola's advice and have then enroll in driver safety course with you.

FYI, incase anyone doesn't know . . .

Identify = This is when you look for: specific clues, other roadway users, roadway features and conditions, Traffic Controls, Condition of your vehicle
Predict = This is when predict: actions of others, control of your vehicle, consequences of your actions
Decide = This is when you decide to: change speed, change drection, communicate
Execute = This is when you: accelerate, brake, steer, communicate, combind actions

Good Luck!!
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924.org (no time to complete)
9249206346 - 89k – new shifter bushings, belts, running well.
9249206347 - 8k – waiting its resurrection, no power at the fuel pump and fuse #7 blows w/power