Classic Porsche - respray to sell, or leave as is?
Classic Porsche - respray to sell, or leave as is?
Author
Discussion

Dave2P

Original Poster:

823 posts

209 months

Friday 8th March 2013
quotequote all
Considering selling my 924CGT and wondering whether to do a bit of paint restoration first.

It's red and could do with a freshen up (nothing major - a few stone chips, surface scratching and some crazing on the polyeurathane wings).

I'm guessing a proper respray (keeping original colour) will see me 3-4K lighter but not sure if that would make it easier or harder to sell the car! Interior is pretty much un-marked so it would look mint with new paint.

So, if you were buying an old Porker, would you look for "un-restored" or "job done"? (assuming, of course, that the re-spray is documented and done by a known 'shop).

TIA for your opinions, Dave

mrdemon

21,146 posts

294 months

Friday 8th March 2013
quotequote all
depends on price

some like to see how it looks with org paint.

and a good paint job is more than 3-4k (i mean a real good one)

would you get your money back and then some if you painted it ?.

it's a rare car but are they that sort after to fetch top money atm ? (I have no idea) , so a tough call either way.

benjj

6,787 posts

192 months

Friday 8th March 2013
quotequote all
If it is the original factory paint then I would be tempted to try first without a respray. I'd probably consider dropping a couple of hundred quid on a decent detailer and their soapy, waxy magic.

A few hundred quid spent sprucing it up will more than pay for itself. £3k+ for a tidy respray probably wouldn't (but may mean the car sells faster).

Tricky decision but I'd go for the former, especially as there are very few for sale at the moment.


LaurasOtherHalf

21,429 posts

225 months

Friday 8th March 2013
quotequote all
unless a car had come from a full nut & bolt resto i wouldn't see a respray as a positive.

echo the point above, you really would be surprised at what a good detailer (not just your usual polish & wax guy) can achieve especially if there is no rot that needs removed.

Wozy68

5,436 posts

199 months

Friday 8th March 2013
quotequote all
benjj said:
If it is the original factory paint then I would be tempted to try first without a respray. I'd probably consider dropping a couple of hundred quid on a decent detailer and their soapy, waxy magic.

A few hundred quid spent sprucing it up will more than pay for itself. £3k+ for a tidy respray probably wouldn't (but may mean the car sells faster).

Tricky decision but I'd go for the former, especially as there are very few for sale at the moment.
As above. If I was in the market for one and I went to see yours, the first thing I would be thinking is what does this new paint hide. If it had been done a couple of years ago, then the matter would be different.


Something as rare as this, I'd be more tempted to buy her in the condition she is in now (ie original) then consider painting her, until I found out nothing more important was needed first.

MogulBoy

3,066 posts

252 months

Friday 8th March 2013
quotequote all
An expert detail, i.e. paint correction and thorough clean (incl. door shuts and wheel wells) would show it off to its best potential. I know you said there is some crazing to the paint in places and therefore it might seem too far gone to bother with such pampering, but I quite like the overall apperance of a car that wears age with pride but fundamentally, gives the impression that it has been well cared for. 'Perfectly' detailed paint, amidst a sea of honest imperfections, would be appealing to me.

Vroomer

1,888 posts

209 months

Friday 8th March 2013
quotequote all
Surely it's a simple sum?

What the is car worth as it is vs what it would be worth resprayed.

Unless the rest of the car is truly exceptional, a respray is unlikely to add £3k in value. Could even devalue the car if the job was less than perfect.

Dave2P

Original Poster:

823 posts

209 months

Friday 8th March 2013
quotequote all
Thanks for all the responses guys; really helpful.

Wozy68 said:
Something as rare as this, I'd be more tempted to buy her in the condition she is in now (ie original) then consider painting her
That's what I feel TBH, but it's good to know that's the accepted wisdom here. I'll get a detailer in to make her shine in her original paint!

Thanks again - and if you spot a very shiny red 924CGT at Goodwood or a Sunday Service in the next few months... that'll be me.

Cheers all.

Dave2P

Original Poster:

823 posts

209 months

Saturday 27th April 2013
quotequote all
Dave2P said:
if you spot a very shiny red 924CGT at ... a Sunday Service in the next few monthstomorrow... that'll be me.
Per the advice here, she's had nothing but a quick wash (and a light wax that I'm about to get stuck into) - so say hello if you see us!

Dave

Dave2P

Original Poster:

823 posts

209 months

Wednesday 24th June 2015
quotequote all
Apologies for the bump from the past...

A couple of you messaged me when this thread was started, and expressed an interest. Rather rudely/stupidly I've mislaid your emails, so if you'd like to get in touch again then please do ASAP. Reason being that I am, finally, after about 5 years of dithering putting her up for sale (auction most likely).

Vroomer

1,888 posts

209 months

Thursday 25th June 2015
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Your dithering has probably benefitted you in terms of the car's value!

williamp

20,381 posts

302 months

Thursday 25th June 2015
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Quick! Delete this thread, park it in a garage with some dust (vacuum cleaners are a good source) before discovering it, declaring it a "barn find" and double the value!

Wozy68

5,436 posts

199 months

Thursday 25th June 2015
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I almost bought one of these around I guess 5 years ago for 15K. I doubt that's the value now mind. smile

Though not the fastest car on the planet, they are lovely looking IMO. I'd keep her sat in the garage if I was you and had the space. Prices are only going one way on these.

Nineexcellence

1,931 posts

204 months

Thursday 25th June 2015
quotequote all
Wozy68 said:
I almost bought one of these around I guess 5 years ago for 15K. I doubt that's the value now mind. smile

Though not the fastest car on the planet, they are lovely looking IMO. I'd keep her sat in the garage if I was you and had the space. Prices are only going one way on these.
Price for sub 50k mileage one in good condition with full history is £55-£60k now. Two years ago they were £40-45k. That is based on actual transactions I have been involved with.

wtdoom

3,742 posts

237 months

Thursday 25th June 2015
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Nineexcellence said:
Price for sub 50k mileage one in good condition with full history is £55-£60k now. Two years ago they were £40-45k. That is based on actual transactions I have been involved with.
What great news smile

Wozy68

5,436 posts

199 months

Thursday 25th June 2015
quotequote all
Nineexcellence said:
Wozy68 said:
I almost bought one of these around I guess 5 years ago for 15K. I doubt that's the value now mind. smile

Though not the fastest car on the planet, they are lovely looking IMO. I'd keep her sat in the garage if I was you and had the space. Prices are only going one way on these.
Price for sub 50k mileage one in good condition with full history is £55-£60k now. Two years ago they were £40-45k. That is based on actual transactions I have been involved with.
I made a mistake ... it was more like £17K smile

If memory serves it was owned by the guy that hosted a website that detailed the history of the model. I'm pretty sure it was black, but I couldnt tell you the mileage.

Obviously serious dosh these days, back then they were cheaper than a very leggy 993 or average 964..

mollytherocker

14,459 posts

238 months

Thursday 25th June 2015
quotequote all
Nineexcellence said:
Price for sub 50k mileage one in good condition with full history is £55-£60k now. Two years ago they were £40-45k. That is based on actual transactions I have been involved with.
Holy cow, really? I remember looking at one for 10k! I understand why though.