Hi all new here.
I am after some help please.
Someone that I know for few year now has a 1980 911 (930) 3.3L turbo layed up in his garage for the last 5-6 years. The car has done 60000 miles from new.
The condition of the car is good, not great but good. We had a look at it underneath on the ramp at my local garage and yes it looks very very solid car. The engine starts and sounds very nice, no blue smoke and drives great. Slight oil leak from the front of the engine by the crank pulley but nothing major.
We checked it for the usual rust but only could find the odd bubble of rust here and there.
The car will need full respray as some nice person keyed the doors at both sides. The colour of the car is in gold with half leather seats and cream interior.
Now here is where my problems start.
The guy owned the car for 21 odd years. He say that the car has been serviced by the local Porsche specialist......but he has lost every little paper available for the vehicle in a flood damage ( I know for fact he had flood damage couple years ago).....everything destroyed that time.
It's getting worse now. The Porsche specialist is not operating anymore (retired) and no one knows where he is.
So what we got here is a 30 year old 911 turbo with no history at all and need some money spent to it to bring it back to mint.
Is this a good idea for me to purchase this car? I have made an offer to him for £12000 (not shake hands yet) and he has accept it after I point out that a) has no history at all and b) that will need full respray.
My problem is now if I go ahead and spent £5000 on a proper paint job and few years down the line would like to sell what will the car worth?
Should I walk away? Any way I can get some history from anywhere? How important is the history.
Please help.
I am after some help please.
Someone that I know for few year now has a 1980 911 (930) 3.3L turbo layed up in his garage for the last 5-6 years. The car has done 60000 miles from new.
The condition of the car is good, not great but good. We had a look at it underneath on the ramp at my local garage and yes it looks very very solid car. The engine starts and sounds very nice, no blue smoke and drives great. Slight oil leak from the front of the engine by the crank pulley but nothing major.
We checked it for the usual rust but only could find the odd bubble of rust here and there.
The car will need full respray as some nice person keyed the doors at both sides. The colour of the car is in gold with half leather seats and cream interior.
Now here is where my problems start.
The guy owned the car for 21 odd years. He say that the car has been serviced by the local Porsche specialist......but he has lost every little paper available for the vehicle in a flood damage ( I know for fact he had flood damage couple years ago).....everything destroyed that time.
It's getting worse now. The Porsche specialist is not operating anymore (retired) and no one knows where he is.
So what we got here is a 30 year old 911 turbo with no history at all and need some money spent to it to bring it back to mint.
Is this a good idea for me to purchase this car? I have made an offer to him for £12000 (not shake hands yet) and he has accept it after I point out that a) has no history at all and b) that will need full respray.
My problem is now if I go ahead and spent £5000 on a proper paint job and few years down the line would like to sell what will the car worth?
Should I walk away? Any way I can get some history from anywhere? How important is the history.
Please help.