What's It Worth - Revived Salvage '01 C2
#1
Racer
Thread Starter
What's It Worth - Revived Salvage '01 C2
So I found a 2001 C2 with 79K by me. The backstory is it was bought at auction by a Porsche mechanic who replaced the left front fender, front bumper and did the body work on the other affected areas like rear fender, then repainted the whole car. While the paint was laid down OK, the prep work wasn't very good and there is a think line of paint on all the rubber trim due to not removing it. In all honesty, it's a 10-footer. If you are a purist and get up close, you cringe at the little painting mistakes. That being said, it's got a young engine with the IMSB addressed, a new clutch, aftermarket wheels, and is going for $15K. I see it as a way to get into a mechanically sound car with $5K of recent work performed, a fantastic service record, great interior. I don't care about the salvage title, it's being bough to drive and tweak on, not to show or as an investment. My question is, what do you think it's worth?
Here's the good:
- 79K
- IMS Solution
- new clutch
- original owner had for 15 years and had all service performed by the dealer
- very good interior (standard seats, leatherette rear seats, vinyl dash, Alcantara headliner, 3-spoke wheel
- Techart wheels
- tight suspension
- clean PPI with all broken items fixed (leaking radiator, bad window regulator)
The bad:
- they didn't remove any of the rubber when repainting and there is a tiny bit of paint on just about all of the rubber trim on the car
- body work where Bondo was used (one fender, bumper) was low quality and was not sanded smooth
- there are a few drips in the paint
- the gaps on the replaced fender are off (see photo)
- there are little random "holidays", pits, chips or other areas where the prep wasn't done properly, or just a low quality job was done
Here's the good:
- 79K
- IMS Solution
- new clutch
- original owner had for 15 years and had all service performed by the dealer
- very good interior (standard seats, leatherette rear seats, vinyl dash, Alcantara headliner, 3-spoke wheel
- Techart wheels
- tight suspension
- clean PPI with all broken items fixed (leaking radiator, bad window regulator)
The bad:
- they didn't remove any of the rubber when repainting and there is a tiny bit of paint on just about all of the rubber trim on the car
- body work where Bondo was used (one fender, bumper) was low quality and was not sanded smooth
- there are a few drips in the paint
- the gaps on the replaced fender are off (see photo)
- there are little random "holidays", pits, chips or other areas where the prep wasn't done properly, or just a low quality job was done
#5
Race Director
If my '99 died abruptly, I'd consider this route - I know that I am going to drive the hell out of whatever 996 I own. If you're certain about the quality of the mechanical work, that's a lot of car for used Camry money.
The question that would nag me: if this paint job was good enough, what other work was performed to that spec?
The question that would nag me: if this paint job was good enough, what other work was performed to that spec?
#6
Racer
Thread Starter
I hear you, but I think there are plenty of awesome mechanics out there that can't paint worth a damn... There are also plenty of great mechanics that have friends who work at auto body shops and can paint over the weekend for a few beers and the cost of the paint.
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por944trs (12-19-2019)
#7
If everything is maintained it is worth 14k plus. I mean motor mounts, plugs, tranny mount, suspension etc it has the solution and good mid mileage. For 14k it had all the service records it would be a fun car to thrash around in. I think tons of these cars around 20k usually have a few to five years of deferred maintenance on rubber items or brakes. Realistic if it’s ready to drive and doesn’t need anything but oil changes for the next two years I would think it’s worth 14-15k. I wouldn’t buy it, but I think it would sell pretty easy.
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#8
Rennlist Member
If it has service records/you can verify the maintenance, I think it is a good deal. The service records alone make it worth it. Kind of a shame the body isn't the greatest, but at least you can enjoy it without needing to worry about it getting damaged.
Enjoy the car and you can always fine another nicer chassis and swap the parts over to it.
Enjoy the car and you can always fine another nicer chassis and swap the parts over to it.
#9
Rennlist Member
I would run. If you hold out you can find a nicer one for the same or not much more
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dporto (12-18-2019)
#10
Rennlist Member
Not for any more than $10K...
#11
Three Wheelin'
15k? I don't think so, you are not far off from getting into a clean title c2 at that point. $13k or less depending on how bad everything looks in person with the body work. I would say $10k would make more sense given the info here.
#12
Rennlist Member
#13
Racer
Thread Starter
If everything is maintained it is worth 14k plus. I mean motor mounts, plugs, tranny mount, suspension etc it has the solution and good mid mileage. For 14k it had all the service records it would be a fun car to thrash around in. I think tons of these cars around 20k usually have a few to five years of deferred maintenance on rubber items or brakes. Realistic if it’s ready to drive and doesn’t need anything but oil changes for the next two years I would think it’s worth 14-15k. I wouldn’t buy it, but I think it would sell pretty easy.
#14
Racer
Thread Starter
Really, why? Used motors for these under $100K sell for $9K, plus it's got a new clutch, IMS solution which everyone on here holds in such high regard. Then you have a very good condition interior and aftermarket wheels. If a roller sells for $5-6K and an engine sells for even as low as $7K, seems like $10k might be for a $200K car in poor shape and a salvage title.
#15
Rennlist Member
Really, why? Used motors for these under $100K sell for $9K, plus it's got a new clutch, IMS solution which everyone on here holds in such high regard. Then you have a very good condition interior and aftermarket wheels. If a roller sells for $5-6K and an engine sells for even as low as $7K, seems like $10k might be for a $200K car in poor shape and a salvage title.