964 C2 conundrum...Restore and sell or Sell as is??

[Ali2202]

Hi Folks,

Some advice from the PH massive please? I'm struggling to decide which to do....restore or sell.

I'm fortunate enough to have a couple of manual 964 C2's. The car pictured below is, I think, a bit of an 'awkward' case however and here's why...

Service History is poor. The previous owner undertook his own work on the car from 2010 to 2013. I bought the car in 2013 and stored it in a dry garage pending use etc. It has not had a great deal of use since then and neither has it been serviced regularly every year. In 2015 I took it to a local Specialist and they got in amongst the car with a raft of bills totalling almost £4k (including a weld on a chassis-leg). It came out looking and driving really well. I then locked it away again ( I know! I know! ) and buggered off to work in Europe for a few years.

I'm now back and have been considering what to do with it. He has a current MOT to Feb 2018 with no advisories and a bit of paint to smarten him up. 114K on the clock. A few leaks from his bottom but they all do that Sir...

There's one part of me that feels he should be sold and used properly (I really don't have the time) and the other part of me feels that investing (yes THAT word!) more money would be the right move. If I sell, I really don't know what to price it at....although it's obvious that manual C2's are amongst the rarest 964's If I keep, I really don't know what it'll be worth in the future nor how much to put in to it. I suspect I will not keep it anyway...lovely though it is.

It's a bit like having a 2nd wife..

What sayeth ye all? Sell? (and at what price considering the above) or restore and sell?

And I know I've been a bit lazy and should've tried harder but I've been too busy! Leave me alone!.....

[LaurasOtherHalf]

I'd start a thread on a Porsche forum nonchalantly insinuating I'm thinking of selling, y'know, nothing to presumptuous just in case the mods deleted it as it went against the site rules.

I'd then wait and see if anyone got in touch so I could sell without either losing a cut to a dealer or subjecting myself to the twerps and tyre kickers who respond to car adverts, should the offer be right.

If no decent offers arrived, I'd either keep the car and get using it or stump up for some genuine advertising and be prepared to have the usual chancers get in touch.

[Ali2202]

LaurasOtherHalf said:

I'd start a thread on a Porsche forum nonchalantly insinuating I'm thinking of selling, y'know, nothing to presumptuous just in case the mods deleted it as it went against the site rules.

I'd then wait and see if anyone got in touch so I could sell without either losing a cut to a dealer or subjecting myself to the twerps and tyre kickers who respond to car adverts, should the offer be right.

If no decent offers arrived, I'd either keep the car and get using it or stump up for some genuine advertising and be prepared to have the usual chancers get in touch.

All very good points, well made and a healthy dose of cynicism on the side. Didn't answer the question though which is 100% why I posted here in the 1st place. Anyhoo.....if you had any thoughts on the conundrum I'd like to hear them LOH.

[Steve Rance]

As you say, it's a manual C2 and they wont be making any more of them. If you appreciate an analogue driving experience, id keep it, do what you need to do to make it a reliable driver and drive the tits off it until you are too old to drive anymore or the Liberal elite deem it inappropriate to drive anything that doesnt have a plug on it.

Edit: Oops, just re read the original post. If you have 2, then stick some propper dampers on this one with a decent geo and some Elephant spring plates and treat this one as your mistress. its what any decent Frenchman would do..

Edited by Steve Rance on Wednesday 2nd August 15:40

[Desert Dragon]

^^^^^

Sell as is. I've seen similar cars priced between £35k and £65k.

£35k may seem cheap but once you've gone through the bodywork, interior and engine you won't have much change left out of £70k if sorted properly.

I'd give you £35k bags for her

[Ali2202]

Steve Rance said:

As you say, it's a manual C2 and they wont be making any more of them. If you appreciate an analogue driving experience, id keep it, do what you need to do to make it a reliable driver and drive the tits off it until you are too old to drive anymore or the Liberal elite deem it inappropriate to drive anything that doesnt have a plug on it.

Edit: Oops, just re read the original post. If you have 2, then stick some propper dampers on this one with a decent geo and some Elephant spring plates and treat this one as your mistress. its what any decent Frenchman would do..

Cheers Steve. It's an option!

[Koln-RS]

Nice exterior colour. What's the year and mileage as these could effect value/collectability?

[BrewsterBear]

A good top end rebuild plus bodywork and paint will set you back £20k if done properly. I don't think you'll get £20k more for it if you do those things as it's still got over £100k miles and a patchy history. My advice would be to advertise honestly at £40k and it'll sell before the weekend is out.

[NAS90]

Best option would probably be to put it in an auction, that way you let the market decide what it is worth and as long as you have a sensible reserve your covered against it going too cheap

[P.Griffin]

Because of the nature of it's patchy service history and mileage, I really don't think you'll achieve anything by undertaking any further work yourself. A car like this is absolutely ripe for someone who wants to create an RS evocation or something similar. But as others on here have stated already, work on these cars can be very costly (I'd estimate an engine rebuild and upgrade together with uprated suspension and brakes is going to run to £25-£30k...and that's assuming there's no rust to deal with). It's going to be a labour of love, not an investment based purchase, and whilst that refreshing to know in the current climate, it certainly limits your market. But equally, that person may be you. 911 and Porsche World ran a cover story a few months back on 5 964s that had undergone similar work. Done well,they are stunning pieces of work. Good luck which ever course you choose to take.

[P.Griffin]

http://www.newsstand.co.uk/i2526219/Zoom/911-PORSC...


And here's one I made earlier....an idea of how much you can drop one of these

https://www.pistonheads.com/classifieds/used-cars/...

Edited by P.Griffin on Monday 7th August 15:05