Value of a properly repaired Porsche
Discussion
Looking to buy a classic Porsche and spotted a gem. Everything stacks up, price and history are right.
However, some forum digging reveals the car had an off at a track day by the owner before the current suffering some Armco damage. The costs were reasonable significant but damage fairly superficial
Ringing around it appears that the work was carried out at a Porsche approved body shop to the highest of standard. It was not a recorded accident, and total bit was substantially less than car value. No airbags deployed.
Few questions.
Would this put you off the car?
How much less (if anything) would it be worth than a non crashed car?
Should the current seller have disclosed this info to me?
Thanks
Matt
However, some forum digging reveals the car had an off at a track day by the owner before the current suffering some Armco damage. The costs were reasonable significant but damage fairly superficial
Ringing around it appears that the work was carried out at a Porsche approved body shop to the highest of standard. It was not a recorded accident, and total bit was substantially less than car value. No airbags deployed.
Few questions.
Would this put you off the car?
How much less (if anything) would it be worth than a non crashed car?
Should the current seller have disclosed this info to me?
Thanks
Matt
Edited by matt21 on Friday 1st August 07:49
matt21 said:
Looking to buy a classic Porsche and spotted a gem. Everything stacks up, price and history are right.
However, some forum digging reveals the car had an off at a track day by the owner before the current suffering some Armco damage. The costs were reasonable significant but damage
Ringing around it appears that the work was carried out at a Porsche approved body shop to the highest of standard. It was not a recorded accident, and total bit was substantially less than car value. No airbags deployed.
Few questions.
Would this put you off the car?
How much less (if anything) would it be worth than a non crashed car?
Should the current seller have disclosed this info to me?
Thanks
Matt
Should he have told you? YES of course 110%, but you already know this.However, some forum digging reveals the car had an off at a track day by the owner before the current suffering some Armco damage. The costs were reasonable significant but damage
Ringing around it appears that the work was carried out at a Porsche approved body shop to the highest of standard. It was not a recorded accident, and total bit was substantially less than car value. No airbags deployed.
Few questions.
Would this put you off the car?
How much less (if anything) would it be worth than a non crashed car?
Should the current seller have disclosed this info to me?
Thanks
Matt
He has now showed himself to be dishonest, what else is he being dishonest about?
REMEMBER, you're buying the car, not the vendor. Judge the car on it's merits, get it thoroughly inspected, concentrating on the known history. Treat ANYTHING told to you by the vendor as suspect pending verification.
Value? Difficult one, how keenly is it priced? If it is substantially less than an equivalent "non crashed" car then potentially it could still be a good buy, however it will ALWAYS be a car with "History" and any potential buyer will ask the sort of questions you are doing now.
The costs were reasonable significant but damage
I genuinely don't know what that bit means.
Lastly, a mantra often uttered on here, and with good reason is..........
When there is doubt, there is no doubt
FeelingLucky said:
Should he have told you? YES of course 110%, but you already know this.
He has now showed himself to be dishonest, what else is he being dishonest about?
REMEMBER, you're buying the car, not the vendor. Judge the car on it's merits, get it thoroughly inspected, concentrating on the known history. Treat ANYTHING told to you by the vendor as suspect pending verification.
Value? Difficult one, how keenly is it priced? If it is substantially less than an equivalent "non crashed" car then potentially it could still be a good buy, however it will ALWAYS be a car with "History" and any potential buyer will ask the sort of questions you are doing now.
The costs were reasonable significant but damage
I genuinely don't know what that bit means.
Lastly, a mantra often uttered on here, and with good reason is..........
When there is doubt, there is no doubt
Thanks for the feedback. I just missed a couple of words on the bit that didn't make sense. Now editedHe has now showed himself to be dishonest, what else is he being dishonest about?
REMEMBER, you're buying the car, not the vendor. Judge the car on it's merits, get it thoroughly inspected, concentrating on the known history. Treat ANYTHING told to you by the vendor as suspect pending verification.
Value? Difficult one, how keenly is it priced? If it is substantially less than an equivalent "non crashed" car then potentially it could still be a good buy, however it will ALWAYS be a car with "History" and any potential buyer will ask the sort of questions you are doing now.
The costs were reasonable significant but damage
I genuinely don't know what that bit means.
Lastly, a mantra often uttered on here, and with good reason is..........
When there is doubt, there is no doubt
FeelingLucky said:
Should he have told you? YES of course 110%, but you already know this.
He has now showed himself to be dishonest, what else is he being dishonest about?
Is it really reasonable to expect that? It wasn't written off - it was professionally repaired. Would you tell somebody who came to view a car you'd had for some time about every single thing that ever broke on it and was subsequently fixed?He has now showed himself to be dishonest, what else is he being dishonest about?
'Then in 2008 I curbed a wheel, then in 2009 the wife scratched the bumper and I had it resprayed, then in 2010 the sprocket went and it was fixed....'
Surely it only becomes dishonest when you ask and he denies it? Or perhaps if the vehicle is registered as an insurance writeoff, which it isnt.
If it's proved to be as good as new now, is it going to be a niggle at the back of your mind still? Perhaps taking shine off owning what might be a dream car for you? If so, stop now.
Personaly, if "good as new" I'd be happy to use it to knock price down and then be happy with that. If it does effect sell on price, why wouldn't it, it did for you, you haven't lost anything then.
Personaly, if "good as new" I'd be happy to use it to knock price down and then be happy with that. If it does effect sell on price, why wouldn't it, it did for you, you haven't lost anything then.
BritishRacinGrin said:
How are we supposed to advise? Based on what you've said it could have been 25k worth of damage on a 40k 911 or a second hand bumper and nearside wing on a 924.
It is £15,000 worth of damage on a £30,000 Porsche 993 with average miles.Parts £8k, Labour £4k (main dealer) and VAT on top.
My concern is that missing out on a great car (except this) may be foolish if I bought a more average condition car with no known accident history, which may actually have been involved in a prang at some point in the past!
I'd be just as concerned that the car had been used for trackdays, maybe even more so, than I would be about damage in the car's past. Shirley there are planty of examples which haven't been used for trackdays and haven't been crashed. Paint is easily and comparitively cheaply rectified, worn clutches, gearboxes, engines, suspension components, brakes etc aren't.
It's a funny one. I sold a Boxster many years ago that had £8k worth of repairs after I stuffed it through a hedge. Damage was relatively superficial and most of that cost was predictably labour. It was repaired by an OPC and I had a loooong chat with the repairers about quality of repairs, etc. The process they had to go through to become official Porsche repairers is incredibly rigorous and expensive and not something that he thought he would do again if he started over. Bottom line was that I was reassured that the repair would be tip top and Porsche approved. Right enough, the car was perfect when it came back.
I sold the car six months later and didn't tell the bloke about the accident but to be absolutely honest, I felt odd about it. Had he asked I would have told him but he didn't so I didn't. He was happy, I was happy and the world moved on.
I sold the car six months later and didn't tell the bloke about the accident but to be absolutely honest, I felt odd about it. Had he asked I would have told him but he didn't so I didn't. He was happy, I was happy and the world moved on.
I had someone drive into the side of my car. Being a newish Audi A6, I wanted it repaired properly, so it went to and Audi-approved bodyshop and had 2 doors, a sill, a rear panel, 2 new wheels, and a lot of spraying. Total bill was around £8000, I seem to recall, which went through insurance.
There was never a question that the car, when it came back, was anything other than perfect. The work had a 5 year warranty, which was longer than the rest of the car.
When I sold it, should I have said that the car had been in an accident? I suppose, in an ideal world, I should have done, but I didn't want to lose the sale or have a big reduction in the price. Had I been asked the direct question, I'd have been honest enough to tell the truth, but I knew, beyond doubt - I'd driven it another 100k miles - that the car was as good as it was when it rolled out of the factory. Why give someone ammunition to weaken your sales proposition when it's baseless?
There was never a question that the car, when it came back, was anything other than perfect. The work had a 5 year warranty, which was longer than the rest of the car.
When I sold it, should I have said that the car had been in an accident? I suppose, in an ideal world, I should have done, but I didn't want to lose the sale or have a big reduction in the price. Had I been asked the direct question, I'd have been honest enough to tell the truth, but I knew, beyond doubt - I'd driven it another 100k miles - that the car was as good as it was when it rolled out of the factory. Why give someone ammunition to weaken your sales proposition when it's baseless?
FeelingLucky said:
Should he have told you? YES of course 110%, but you already know this.
He has now showed himself to be dishonest, what else is he being dishonest about?
As stated, the accident happened to the current owner -1 so perhaps the current owner it didnt know about that part of the history anyway?He has now showed himself to be dishonest, what else is he being dishonest about?
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