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Words of wisdom (to buy or not to buy)
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sirNemanjapro  



Joined: 21 Aug 2009
Posts: 7
Location: Cacak, Serbia

PostPosted: Fri Aug 21, 2009 12:53 pm    Post subject: Words of wisdom (to buy or not to buy) Reply with quote

First and foremost, hello to everyone here at 924board.org, and thanks for creating this web community.

Since I'm a noob here, and before asking any questions intended earlier, I feel the need to share few things about me.
My name is Nemanja, 25 years old, live in Serbia (Cacak, Serbia), student of industrial engineering, professional web designer and a driver. My only touch with cars is when driving Wartburg 353W (family car) or playing PC games Need4Speed, Test Drive, Grid, F1, Colin McRae Rally... Need For Speed Porsche Unleashed is my all time best cars game, period.

Recently I heard from a friend, that his neighbor is selling Porsche 924. To shorten the story, here are the specs:
Its plain 924, first registration date 1984, and it has been parked for 4+ years now.
The current owner, wanted to do some restorative work on the car. He started, but has not finished, and that is the problem.

He says:
- Engine has been totally reworked.
- On most things there are new parts where there was need of change.
- The interior has been reworked to leather.
- Car has been repainted in dark red (we call it rotten sour cherry).

Problems:
- Porsche crest has been stolen.
- He claims that the complete dashboard has been stolen?! He bought new, but didn't installed it.
- The steering wheel has been changed, its not Porsche's.
- Door and legs interior has been removed, its in the trunk.
- Windshield whippers are missing.
- Tires are old, and few of them lost air.
- Engine looks nice, but it also has spider web in parts of it.
- There is no car battery.
- He claims that he doesn't know, but thinks that after all this time the K-jet is not working properly.
- All of the electronics / cables are not connected. There are some cables/wires dangling of the engine.

I've just saw the car few hours before (USA is +10, Serbia is +1) but it was dark, so I didn't managed to get the whole picture the state of the car.

So, I must ask someone, you are the best persons, and this is the best place to ask, I guess.
He is asking 1.800 euros, or $2.565 USD. I am pretty sure the car in that state, can't be that expensive. Since I have put some money on the side to buy myself a car. I know that when and if I bought this car I will spend most of my time in our shop fixing it, and I am ready for that.
On the other hand, my cash is hard earned and I don't want to chuck it down the drain.

I would appreciate any kind of help on the subject.
I know its difficult since I don't have a photo or you cant see it in person, but I pointed out most of the stuff, so can someone give educated guess on the real price of this car?

What is the best way to check the motor (engine), since they are praising it, almost like its brand new. I know I will have to put the car battery there, but I'm interested what can be the best pointer if there is something wrong, or what to watch for when buying it.
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ideola  



Joined: 01 Oct 2004
Posts: 15550
Location: Spring Lake MI

PostPosted: Fri Aug 21, 2009 1:12 pm    Post subject: Reply with quote

European values are a bit different than here in the US, so perhaps some of our members over there can provide a more objective opinion...

...however, for the car that you describe, the seller is asking WAY TOO MUCH!

The biggest concern is going to be reviving the CIS (K-jet) system. They don't like to sit, and four years is a LONG time. If you do end up settling on a fair price and purchasing this vehicle, be prepared for quite an effort to revive the fuel system.

Good luck, and welcome aboard!
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pocketscience  



Joined: 23 Apr 2006
Posts: 1650
Location: Sydney, Australia... mate!

PostPosted: Fri Aug 21, 2009 1:38 pm    Post subject: Reply with quote

Welcome!

Does the seller have any receipts for the work done to the engine, including the parts he sourced? It won't give you any guarantees, but if he says "no", or starts getting twitchy when you ask then it's time to walk away.


Cheers,
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morghen  



Joined: 21 Jan 2005
Posts: 9095
Location: Romania

PostPosted: Fri Aug 21, 2009 3:50 pm    Post subject: Reply with quote

hello neighbor !

1800 sounds like a lot for a car in that state...just think of the time it takes you to pull it together...that alone is worth 1000 euros...so there you go...1800+1000+tax&registration...you're over 3000.

For 3000 you can come to romania(wich is very close to you as you know)
and pick up a good condition 924...that probably only needs a few small jobs done to be in perfect condtion.
if you cant find a decent 924 in Serbia give me a PM and i will help you find one in Romania.
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968rz  



Joined: 21 Aug 2006
Posts: 537
Location: S. E. Wisconsin

PostPosted: Fri Aug 21, 2009 11:40 pm    Post subject: Reply with quote

Welcome to the site,
Even in the US that would be too much cost for a car in that shape. It sounds like it could be a good hobby for you to learn about working cars but as mentioned; the CIS can be hard to get working and can cost a lot.
Morghen makes a smart offer, his way you get a car that you know runs and still get to work on and learn.
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79 924 coupe Petrol Blue 3spd auto (wife's DD)
93 968 coupe Amazon Green 4spd Tip (my DD)
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ideola  



Joined: 01 Oct 2004
Posts: 15550
Location: Spring Lake MI

PostPosted: Fri Aug 21, 2009 11:44 pm    Post subject: Reply with quote

968rz wrote:
Morghen makes a smart offer, his way you get a car that you know runs and still get to work on and learn.

+1, and as an added bonus, you get the assistance of an experienced 924 owner to help you identify a good candidate. Morghen's offer is definitely worth considering if you can work it out.
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sirNemanjapro  



Joined: 21 Aug 2009
Posts: 7
Location: Cacak, Serbia

PostPosted: Sat Aug 22, 2009 12:03 am    Post subject: Reply Reply with quote

Thanks for the welcome and replies.

I know it's not worth it, defiantly not 1.8k, but I am wondering how much would you offer for the car in that shape, hypothetically.

Hi, morghen! It's nice to see a fellow neighbor here.
Your offer is on the spot, but there is a little bit of the problem. We (in this case, I) can't import cars to Serbia that don't meet Euro3 engine standards.

My only option is to try to lower the price on this one and than try to get it to normal (as it can get).

I don't know have I been clear enough when explaining the state of the car. Its not in drivable condition, at all.
The whole "new" dashboard is sitting in forward seats.

I have read that the biggest problem with 924 is electronics. So, how complicated and is there any schematics for connecting these wires with dashboard. If I decide to take another look I will take camera with me and shoot some photos for you to see.
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ideola  



Joined: 01 Oct 2004
Posts: 15550
Location: Spring Lake MI

PostPosted: Sat Aug 22, 2009 12:10 am    Post subject: Reply with quote

Frankly, if it were here in the US, I wouldn't pay more than $300 for it, and even then, I'd have to want it very badly.
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morghen  



Joined: 21 Jan 2005
Posts: 9095
Location: Romania

PostPosted: Sat Aug 22, 2009 12:43 am    Post subject: Reply with quote

yea we had that euro3 shit a couple of years ago too in RO...now you can register everything you want...you just have to pay a tax...that is like 5 times the price of the car...for example a 951 costs 6K euros in germany..and the tax to register it here is over 5K euros...i just bought a MK3 golf with 1800...and the tax is 1200+...but i can register it

anyway...for a car like that..i'd ofer 300 euros...not more.
in any way...if you really want a 924 you can keep it registered in romania...or you can go to our other neigbours, the bulgarians...they will register anything and its cheap too.
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Thyperson  



Joined: 11 Aug 2009
Posts: 35
Location: Wisconsin Rapids, WI

PostPosted: Sat Aug 22, 2009 1:04 am    Post subject: Reply with quote

I agree with Ideola. That car is not worth anything near the amount he is asking. He probably thinks he can just sell it to some idot kid who knows nothing about cars and will high price since it's Porsche. If I were you, unless I wanted to spend a couple months working on it, I would suggest no more than $300 - $500 USD ($500 because of leather interior and new paint job).
1. It's not running (not even close it seems)
2. Parts have been stolen and possibly damaged other parts in the process (who the hell would steal a dash??)
3. The engine hasn't been touched in a long time.
4. If he is storing it outside I would check for eaten up wires or nests
5. you wil probably spend more than the asking price just to get it up and running.
6. Where has work been done? By him or a Mechanic?
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sirNemanjapro  



Joined: 21 Aug 2009
Posts: 7
Location: Cacak, Serbia

PostPosted: Sat Aug 22, 2009 1:29 am    Post subject: Reply with quote

morghen wrote:
yea we had that euro3 shit a couple of years ago too in RO...now you can register everything you want...you just have to pay a tax...that is like 5 times the price of the car...for example a 951 costs 6K euros in germany..and the tax to register it here is over 5K euros...i just bought a MK3 golf with 1800...and the tax is 1200+...but i can register it

They just imposed this rule for Euro3 in mid 2007 or 2008, I forgot. No other means of importing cars is available.

morghen wrote:
anyway...for a car like that..i'd ofer 300 euros...not more.

I will have that in mind, for sure. Offten people got to see the car and just walked away. I don't know what is he going to do with it, it has been standing in the yard for 4+ years, and it's pretty messed up.

morghen wrote:
in any way...if you really want a 924 you can keep it registered in romania...or you can go to our other neigbours, the bulgarians...they will register anything and its cheap too.

Serbian government just imposed a rule, few months back, that NO FOREIGN car plates are allowed, all must be registered in Serbia. Bunch of idiots if you ask me, trying to get their hand on the money by any means necessary. So that option, is no go for me. Maybe when we join EU, somewhere in 2050th...

Thyperson wrote:
I agree with Ideola. That car is not worth anything near the amount he is asking. He probably thinks he can just sell it to some idot kid who knows nothing about cars and will high price since it's Porsche. If I were you, unless I wanted to spend a couple months working on it, I would suggest no more than $300 - $500 USD ($500 because of leather interior and new paint job).

That's about 300 Euros morghen is speaking, but I am willing to go as from 300 to 500 euros. I want a car to get away from the crowd, drive to the sea, visit Romania for instance. What do you say morghen, am I welcome?

Thyperson wrote:
1. It's not running (not even close it seems)
2. Parts have been stolen and possibly damaged other parts in the process (who the hell would steal a dash??)
3. The engine hasn't been touched in a long time.
4. If he is storing it outside I would check for eaten up wires or nests
5. you wil probably spend more than the asking price just to get it up and running.
6. Where has work been done? By him or a Mechanic?

1. It's not running at all. There is no car battery, and that is the good thing since it could damage the car if it got busted.

2. Yes, the crest has been stolen, and the dashboard. That was my question also. Who in the right set of mind would steal a dashboard that he cant fit anywhere else. If he could first connect the wiring, that is.
Also the steering wheel has been changed, I didn't got the explanation. He says he has a "original" wooden steering wheel. As I am familiar with this model, he had normal steering wheel.

3. Well as the story goes, the engine was completely reconstructed but, after the work at the shop he was driven to the back yard, where it has remained, for 4+ years.

4. It's outside, with no cover! It was on snow, rain, ice... You name it. And for all of those things, car/paint has stood the test of time. There are few wires that are dangling from the engine, thin wires, I don't know what purpose do they serve.
There is something that I didn't mentioned. The duck tail, stabilizer, the rubber thing on the back... I don't know what is the correct expression, is, how would I put it. When rubber gets all stiff and gets cracks in it. That's the current state.

5. My father is good with machines and I have an uncle and a brother that are mechanics, so I can get away from paying for that, but... Parts? I don't know whats there whats missing. Half of the interior of the car is in the trunk!?

6. Actually I don't know. Maybe a mechanic, maybe him, maybe half/half. The engine looks clean, but has spider web and dust on it. It has, in red letters, PORSCHE written on the top. I guess you know what I mean.
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Tiny  



Joined: 10 Apr 2006
Posts: 502
Location: London, UK

PostPosted: Sat Aug 22, 2009 2:48 am    Post subject: Reply with quote

Hi,
For that kind of risk I wouldn't pay any more than 500 EUR.
You will certainly be spending much more once it's in your hands....
Be prepared for that too.
Great learning curve though, if you have the "burning desire."

Best wishes,
Tiny
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Mahatma Gadhni  



Joined: 08 Mar 2008
Posts: 162
Location: Croatia

PostPosted: Sun Aug 23, 2009 3:23 am    Post subject: Reply with quote

Hi, sirNemanjapro!

That's waaaay too much for that car. Morghen's price is about right for a car in that state.
The best I can do to help you is to direct you towards Qky (Kuki). He's from Novi Sad (I think) and he's done a lot of work on his '82 924 and its engine, so I belive he could help you. You can find him on http://www.cbc.rs/forum ,he goes by the name of "NST.Qky"

All in all, '84 924s have 944 interior and a lot of extras compared to earlier 924s. If you get the price low enough, you should buy it.

I hope this helps.
Feel free to p.m. me if you need something.
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michi924  



Joined: 22 May 2007
Posts: 163
Location: Pontevedra, Spain

PostPosted: Sun Aug 23, 2009 4:28 am    Post subject: Reply with quote

Hi Nemanja. Welcome to the board.
I'm european and industrial engineer too
I wouldn't pay more than 600€ for that car. If you want to have fun visiting the sea and Romania... that's not your car!!
Wait and search in the internet. You will find a 924 that fits you in a few months.
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morghen  



Joined: 21 Jan 2005
Posts: 9095
Location: Romania

PostPosted: Sun Aug 23, 2009 5:39 am    Post subject: Reply with quote

sure you're welcome. but for such long roads you need a car in a propper condition.
i must admit...i was thinking that the RO goverment is the stupidest...but yours is worse.
i've heard that the sea-side in RO is nice now...i havent been there in 20 years...i live in the west side of the country...near the border with hungary..

anyway..there seems to be a cliche here...i'm also an industrial engineer and i also do webdesing...and guess what..i'm from europe
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