Looking at a 2003 996 TT Grey Cab - thoughts please
Looking at a 2003 996 TT Grey Cab - thoughts please
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Discussion

rmcconnell

Original Poster:

13 posts

162 months

Tuesday 25th February 2014
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Hi All

Just had a PPI done on the above and it has come back with the following. The 2nd gear pop out problem seems major to me, a bit of research say 2.5k for the gearbox rebuild alone, without even considering the rest of the stuff. Dont know if I need this grief for 20k. I have not even asked for over revs yet.

PPI Results
2nd Gear Pop out Problem
New set of tyres
Rear discs rusty - need machining
Engine Under tray missing
Exhaust heat shield missing
Turbo heat shields missing
AC condensers need replacing
CD head unit not working
Rear leather seats marked by heavy objects
Front spoiler lip needs repainting
Front bumper grill cracked

Good points (haha)
Bodywork is straight with no signs of paint
Engine is strong.
Free hard top

Depressed
Rob


Magic919

14,490 posts

230 months

Tuesday 25th February 2014
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Next.

anonymous-user

83 months

Tuesday 25th February 2014
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Run Forest , RUN !!!

thegoose

8,077 posts

239 months

Tuesday 25th February 2014
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Probably not an unusual list for an 11 year old Turbo, apart from the gearbox, and very rare to find one that's not been painted (if that's definitely the case) so could be an exceptional car once the gearbox & other items have been done (which are all normal maintenance items on thse, but which have clearly been neglected so far).

The hardtop is not free, it's a standard item that all 996 cabs came with.

anonymous-user

83 months

Tuesday 25th February 2014
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Why buy one that has not been well looked after ?

Unless of course the price reflects that.

monthefish

20,467 posts

260 months

Tuesday 25th February 2014
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Sometimes it good to buy a car and do the work yourself, that way you know it's being done properly, however the price very much needs to reflect the amount of work needing doing, and the fact that there is such a list suggests that the owner hasn't stayed on top of maintenance and that alone would make me walk away from this particular one.

Looking again at the list, some are general wear and tear that aren't really such a big deal. Thing with a PPI is that it (should) pick up ALL issues, both serious and trivial alike, and you as the prospective buyer needs to be able to sort out which is which (although, in this case, some of the trivial issues also point to a lack of care)

Luke.

11,993 posts

279 months

Tuesday 25th February 2014
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I'd be all over this one personally.

http://www.911virgin.com/porscheforsale/704/996Tur...

Tip I know, but hey, ho.

m3evo321

149 posts

256 months

Tuesday 25th February 2014
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Do They have an engine under tray--- I thought not.. Pretty sure mine hasn't

rmcconnell

Original Poster:

13 posts

162 months

Tuesday 25th February 2014
quotequote all
Hi Gents

The price does reflect the condition as he wants 20k for it.

But as you say, it appears to have been neglected. I have owned a few porsches over the years and when selling had a clear conscience, whilst they may not have been immaculate in every way, they honest and mechanically everything was in working order.

I can t understand having a Porsche and letting it deteriorate and then trying to sell it in that condition. I guess he bought and could not afford to maintain it.

Oh well the search goes on. Thanks for the input as the heart can sometimes outweigh the head and impact the wallet.

Cheers
Rob

mollytherocker

14,463 posts

238 months

Wednesday 26th February 2014
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You buy a rough one of these with your eyes VERY wide open!

dank

1,160 posts

281 months

Wednesday 26th February 2014
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move along, next car please....

avoid

996TT02

3,342 posts

169 months

Wednesday 26th February 2014
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rmcconnell said:
PPI Results
2nd Gear Pop out Problem
New set of tyres £900
Rear discs rusty - need machining £175 to replace inc pads (parts only, not at Porsche)
Engine Under tray missing What's this?
Exhaust heat shield missing Rear one is very simple to replace, side ones PITA. Sides around £50 ea rear more.
Turbo heat shields missing. Quite a PITA, potential for the unexpected if the studs are rusty (very likely unless evidently recently replaced)
AC condensers need replacing Simple enough to replace, non Porsche alternatives not expensive, budget for regas, but mainly, unless recently replaced, it is very likely that the side radiators (engine coolant) will also need replacing.
CD head unit not working
Rear leather seats marked by heavy objects
Front spoiler lip needs repainting
Front bumper grill cracked

thegoose

8,077 posts

239 months

Wednesday 26th February 2014
quotequote all
rmcconnell said:
The price does reflect the condition as he wants 20k for it.
Get an estimate for the work, add a small contingency and then make an offer. At least this way you'll know that all those things are fresh and can get out and enjoy the car. The seller may accept your offer or may consider waiting for a less knowledgeable/careful buyer to pay a bit more instead, but a bird in the hand etc.. It depends on the personality too - some people would prefer to sell to someone who's done their homework & knows what they're getting, some don't care so long as they get the best price.

I've sometimes had some very good profits from buying cars like this for an appropriate sum, sorting everything out for less than the seller could/would have done (if they've only been to OPC for example), then presenting for sale a very nice, fresh car - the new owner generally won't care what state it was in when I got it if it's prep'd right, everything's now resolved and renewed.

anonymous-user

83 months

Wednesday 26th February 2014
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At first glance it sounds like a dog, but the straight bodywork is actually a very good starting point. IF the price is right, it could still be a good buy. The mechanical bits can all be fixed as good as new at a price. A damaged shell on the other hand is much more difficult to repair and is often less than perfect. But I suspect by the time you add up all the costs listed in the PPI, there won't be much change from £10K retail and so it's probably nearer a £30K car as it currently stands. Probably of more interest to a dealer who can fix at cost.

pierslofi

32 posts

167 months

Wednesday 26th February 2014
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imo that's not cheap enough. to properly fix that lot is plenty of money and there are cars with no problems at all out there for a bit more

monthefish

20,467 posts

260 months

Wednesday 26th February 2014
quotequote all
pierslofi said:
imo that's not cheap enough. to properly fix that lot is plenty of money and there are cars with no declared problems at all out there for a bit more
EFA. smile

stubbsy996

785 posts

242 months

Wednesday 26th February 2014
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rmcconnell said:
I can t understand having a Porsche and letting it deteriorate and then trying to sell it in that condition. I guess he bought and could not afford to maintain it.

Oh well the search goes on. Thanks for the input as the heart can sometimes outweigh the head and impact the wallet.

Cheers
Rob
Think you've made the right decision!

Spaceman2001

195 posts

179 months

Wednesday 26th February 2014
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Make him an offer.

I'm sure a decent Indy will rebuild the gearbox for much less than £2,500. That's should be your main concern.
You'll have to put tyres on at some point anyway £300 each from costco roughly.
You'll also have to do brakes too which as you say aren't dear for what they are capable of.
Shields also need replacing every now and then and aren't expensive and neither are the underbody trays.
Front lip is now nearly £290 from a dealer, you will be very lucky to get away with one in your lifetime. Get used to the car before you replace it(crunching it on a driveway will make a grown man cry).
Air con condensers I think are £200, but nothing nicer than ice cold air.
I like cabs, it's a grand tourer really so will suit a cab.

If the mileage, spec and history are right too I think you'll regret not pricing it up properly using man maths to help the final decision.

The list of faults will be similar on most cars of that age and especially at that price point.

Spaceman



monthefish

20,467 posts

260 months

Thursday 27th February 2014
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Spaceman2001 said:
Make him an offer.

I'm sure a decent Indy will rebuild the gearbox for much less than £2,500. That's should be your main concern.
You'll have to put tyres on at some point anyway £300 each from costco roughly.
You'll also have to do brakes too which as you say aren't dear for what they are capable of.
Shields also need replacing every now and then and aren't expensive and neither are the underbody trays.
Front lip is now nearly £290 from a dealer, you will be very lucky to get away with one in your lifetime. Get used to the car before you replace it(crunching it on a driveway will make a grown man cry).
Air con condensers I think are £200, but nothing nicer than ice cold air.
I like cabs, it's a grand tourer really so will suit a cab.

If the mileage, spec and history are right too I think you'll regret not pricing it up properly using man maths to help the final decision.

The list of faults will be similar on most cars of that age and especially at that price point.

Spaceman
I'd agree with what you say in most cases, however there is no excuse for having seating marked by heavy objects for example, which to me just points to a lack of care for the car, and if that's the owners approach to visible bits, what was his approach to the non-visible bits?

Spaceman2001

195 posts

179 months

Monday 3rd March 2014
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Yeah I get what you say. Depends how bad it is.
Good straight bodywork top trumps immaculate interior for me. In the long run it will be cheaper to get the interior like new.

So what did the OP do in the end?