I've just bought some poverty Pork…

I've just bought some poverty Pork…

Author
Discussion

jakesmith

9,461 posts

171 months

Saturday 8th February 2020
quotequote all
Andyoz said:
No idea if it's a bargain but the seller deserves some credit for entertainment value alone smile

https://www.ebay.co.uk/itm/402070708353
£5k for a 996... it’s not good value but it is cheap to buy!

ATM

18,284 posts

219 months

Sunday 9th February 2020
quotequote all
Auction starting at £8500

Claims to have been a daily driver for the last 2 years. Not much info about jobs done except clutch and then a massive gap in history but looks cheap enough right now and its black. I'm tempted so I'm posting it here to prevent me doing anything silly.

https://www.ebay.co.uk/i/143526703691



Andyoz

2,887 posts

54 months

Sunday 9th February 2020
quotequote all
jakesmith said:
Andyoz said:
No idea if it's a bargain but the seller deserves some credit for entertainment value alone smile

https://www.ebay.co.uk/itm/402070708353
£5k for a 996... it’s not good value but it is cheap to buy!
Ah, I didn't read all of the Advert text. I thought he only wanted £996 for it !!!

V8fan

6,292 posts

268 months

Sunday 9th February 2020
quotequote all
That black one is described as having a 'scratch' on the front, which is actually cracked lacquer from a low speed impact. At least the seller showed it close up.

Judging by the MoT advisory last year, a set of tyres will be needed. The 11 year, 19k mile gap in the history from 2005 - 16 shows some very light use! Still a good buy if below £10k perhaps?

Edited by V8fan on Sunday 9th February 08:43

rufusgti

2,530 posts

192 months

Sunday 9th February 2020
quotequote all
Andyoz said:
jakesmith said:
Andyoz said:
No idea if it's a bargain but the seller deserves some credit for entertainment value alone smile

https://www.ebay.co.uk/itm/402070708353
£5k for a 996... it’s not good value but it is cheap to buy!
Ah, I didn't read all of the Advert text. I thought he only wanted £996 for it !!!
My friend spoke to him last night. He will take 5k for it apparently. I was very tempted but on consideration it's not the right time for me to make the leap to 911. But a cheap way into a 996 for sure. Especially if you don't mind getting your hands dirty.

rufusgti

2,530 posts

192 months

Sunday 9th February 2020
quotequote all
ATM said:
Auction starting at £8500

Claims to have been a daily driver for the last 2 years. Not much info about jobs done except clutch and then a massive gap in history but looks cheap enough right now and its black. I'm tempted so I'm posting it here to prevent me doing anything silly.

https://www.ebay.co.uk/i/143526703691


That just looks right to me. Love it.

jakesmith

9,461 posts

171 months

Sunday 9th February 2020
quotequote all
rufusgti said:
My friend spoke to him last night. He will take 5k for it apparently. I was very tempted but on consideration it's not the right time for me to make the leap to 911. But a cheap way into a 996 for sure. Especially if you don't mind getting your hands dirty.
That's one solely for people who can do the mechanical work themselves & have a good mate with a body shop

Funnily enough out of all the Porsche Indis I have been to over the years, which is a good handful, and given that some of them would be well placed to dispose of the car once fixed up, I have never encountered anyone who has the strategy of buying up old nails like this & doing them up to sell. They all seem to buy good cars, put a margin on & fix the odd problem here & there themselves

You couldn't even buy it and drive it around like that for long with all those faults

If you needed to pay anyone to do the work, you'd be better off buying a good one


rufusgti

2,530 posts

192 months

Sunday 9th February 2020
quotequote all
jakesmith said:
rufusgti said:
My friend spoke to him last night. He will take 5k for it apparently. I was very tempted but on consideration it's not the right time for me to make the leap to 911. But a cheap way into a 996 for sure. Especially if you don't mind getting your hands dirty.


Funnily enough out of all the Porsche Indis I have been to over the years, which is a good handful, and given that some of them would be well placed to dispose of the car once fixed up, I have never encountered anyone who has the strategy of buying up old nails like this & doing them up to sell. They all seem to buy good cars, put a margin on & fix the odd problem here & there themselves
Is that not just what they tell you. Of course they fix faults on a car and then big it up. A car with its faults fixed is a good car after all. Nobody in any kind of sales or service industry will tell you they buy old dogs and sell them on as the cream of the crop.




rufusgti

2,530 posts

192 months

Sunday 9th February 2020
quotequote all
Interesting. I guess they just don't have the time and ramp space to devote to a car that they are not directly getting payed the time for.

GT6 Jonsey

845 posts

122 months

Sunday 9th February 2020
quotequote all
https://www.copart.co.uk/lot/28056800
Any interest to anyone ?

jakesmith

9,461 posts

171 months

Sunday 9th February 2020
quotequote all
GT6 Jonsey said:
https://www.copart.co.uk/lot/28056800
Any interest to anyone ?
The reason they shot the battery, dials and gear leaver, is that they are the only parts you’d be able to reuse.

GT6 Jonsey

845 posts

122 months

Sunday 9th February 2020
quotequote all
Gt3 aero kit minus 1 sill gotta be worth a bit as is engine/gearbox, seats might be ok with a retrim, 3 genuine gt3 alloys if they are still round and not cracked. Depends on what it’s bid up to but there’s still plenty to salvage. Wonder if a “watch this” moment ended its days

Escy

3,931 posts

149 months

Monday 10th February 2020
quotequote all
The reason traders don't take on dogs and do them up is because of the way the tax on the margin scheme works, you pay tax on the difference between the purchase price and the sale price.

That 5k 996 would make a good breaker.

ATM

18,284 posts

219 months

Monday 10th February 2020
quotequote all
My Mate has a B7 RS4 which has a nackered 2nd gear. Its got bad enough now that he cant even get it into 2nd at all. Its going into a specialist for a gearbox rebuild. He is having a new clutch and flywheel at the same time obviously. All in his total bill is estimated to be less than 2 grand. I was very surprised by that. He claims the gearbox rebuild itself is only £500. Surely a Porsche equivalent rebuild would be £2500. Then add in the clutch and labour and you're probably looking at 4 grand.

jakesmith

9,461 posts

171 months

Monday 10th February 2020
quotequote all
ATM said:
My Mate has a B7 RS4 which has a nackered 2nd gear. Its got bad enough now that he cant even get it into 2nd at all. Its going into a specialist for a gearbox rebuild. He is having a new clutch and flywheel at the same time obviously. All in his total bill is estimated to be less than 2 grand. I was very surprised by that. He claims the gearbox rebuild itself is only £500. Surely a Porsche equivalent rebuild would be £2500. Then add in the clutch and labour and you're probably looking at 4 grand.
That is surprising. A new clutch and flywheel for my dad’s a4 1.8 is £1350 at an Indi. Guy at work paid Mini £2k for a new clutch and flywheel on a 1.6 diesel!

I can only imagine that the gearbox comes off very easily and the new synchro and hub for the rs4 are inexplicably cheap.

austin

1,280 posts

203 months

Monday 10th February 2020
quotequote all
TROOPER88 said:
austin said:
The bottom of the door cards are dry so assuming (for now) that it's not that. By membrane do you mean the rubber seal around the door? If so that all looks OK.

I was amazed by the amount of water that was "held" in by the lovely sound proofing "sponge" they handily put under the carpet. I could barely lift the carpet out of the car it was so heavy. If you've got a damp carpet I'd get it out ASAP before the water / damp starts corroding the electrics which are handily placed at the lowest point of the interior. Mine started going a bit bonkers with the fuel filler lock going constantly. Failry easy to take out and get apart and cleaned and dried it all out and out back together and properly sealed the box up with silicone.
Hi Austin
The foam you talk about is part of the carpet.

You need to try and get the worst of the water out with a wet hoover and then hand the carpet in an airing cupboard or similar.

I would guess that one of your rear roof connecting rods has snapped and the rod has now punctured the drip tray.

I did one last week where this was exactly what had happened. To remove the drip tray the roof has to be removed, 3 13mm bolts and the connecting rod each side. I also replaced the foam underneath this and to do this you have to move the roll over bars out of the way.

Paul
Thanks for the info. Had a quick look before the rains came on Saturday and indeed the connecting rod was all bent out of shape and disconnected with the accompanying hole in the liner. Quick fix (bodge) of straightening the rod as best I could and sealing up the liner with tape seems to have kept the water out from the rest of the (very wet) weekend.

The carpet is still out, (and drainhole bungs out) until I can get the leak fixed, looks like I'm nearly there smile

TROOPER88

1,767 posts

179 months

Monday 10th February 2020
quotequote all
austin said:
Thanks for the info. Had a quick look before the rains came on Saturday and indeed the connecting rod was all bent out of shape and disconnected with the accompanying hole in the liner. Quick fix (bodge) of straightening the rod as best I could and sealing up the liner with tape seems to have kept the water out from the rest of the (very wet) weekend.

The carpet is still out, (and drainhole bungs out) until I can get the leak fixed, looks like I'm nearly there smile
The rod is crucial and has to be adjusted correctly.

I would not recommend trying to repair the drip tray, it is not worth it. You may think it is ok and put the carpet back in only to find it leaking again in the future.

A second hand drip tray is only about £20

gizlaroc

17,251 posts

224 months

Monday 10th February 2020
quotequote all
Escy said:
The reason traders don't take on dogs and do them up is because of the way the tax on the margin scheme works, you pay tax on the difference between the purchase price and the sale price.

That 5k 996 would make a good breaker.
That's not right, you can add in any cost prepping the car, such as parts, MOTs etc.




Escy

3,931 posts

149 months

Monday 10th February 2020
quotequote all
It's not really important and worth arguing over but it is the reason traders don't typically mess about with cars needing lots of work.

From the government website about the margin scheme.

"You can reclaim the VAT you are charged on any business overheads, repairs, parts or accessories. But you must not add any of these costs to the purchase price of the vehicles you sell under the scheme."

And

"You must not include any cost to you of bringing the vehicle to sale. Your purchase price does not include the cost of any repairs, refurbishment, accessories or your business overheads.

For example, if you purchase new parts and fit them to a car, you must not add the cost of those parts to the purchase price of the car. You must use the original price you paid for the car when you calculate the margin for the purposes of the scheme."

The Margin Scheme taxes the difference between what you paid for the vehicle and what you sold it for, not the overall profit you have made on it.

If you buy a car like that 996 for 5k and send it off for a gearbox rebuild and a body shop to paint the side, that costs you 4k (after you've claimed the vat back). You then sell the car for 12k. You are into it for 9k, there is 3k profit but you pay tax (1/6th) on the 7k difference between purchase price and sale price.

ATM

18,284 posts

219 months

Monday 10th February 2020
quotequote all
anonymous said:
[redacted]
I was just about to demonstrate my highly mathematical mind before you did that.