Advice on 924 S

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Discussion

Freedom_Wolf

Original Poster:

10 posts

52 months

Wednesday 29th July 2020
quotequote all
Hi there,

Im posting here for a bit of advice. Back in 2017 my father passed away and I inherited his 924 S Porsche. I was wondering if you could advise me on what I should do.

In an ideal world id love to learn how to drive and keep it, but it needs alot of work done to it and I think it is unrealistic.

It's been sitting in my uncles drive through for about 4 years, and I think its best to sell it.

What do you guys think I should do and is there anyone on this forum who would know, where I could get some interest for it. And also do you think I should pay to repair it a bit and then sell it?

Any advice would be much appreciated, thank you

SpeckledJim

31,608 posts

260 months

Wednesday 29th July 2020
quotequote all
I don't have much advice, except don't sell it for £300 to the first person to come along, suck his teeth, and tell you it's worthless.

924S is a valuable car now. Even if it is knackered.

Popping it on eBay with lots of photos and as much information as you can remember will give you a reasonable idea of its proper value.


Olivergt

1,649 posts

88 months

Wednesday 29th July 2020
quotequote all
Given that you say you can't drive and also that you don't know much about cars, I would take some good photos, put it up on Ebay for sale. This is probably the easiest way to get roughly what it is worth.

Do you know anyone who has an interest in cars and could maybe take a look, see if it will start etc. If the engine can be shown running, you are likely to get a better price for it.


P.S. Where are you based? That might help people advise better.


You could take a look here to get a rough idea of what it might be worth.

https://www.carandclassic.co.uk/classic_cars.php?c...


Edited by Olivergt on Wednesday 29th July 15:08

DuncanM23

135 posts

192 months

Wednesday 29th July 2020
quotequote all
Where are you? It's worth checking out the Porsche 924 owners club - they are a good bunch and should be able to help you out, if only to determine how much it is worth. https://porsche924.co.uk/

biggbn

24,949 posts

227 months

Wednesday 29th July 2020
quotequote all
A 924s is potentially a relatively valuable car. The bigger engine made the car quick for its time without ruining the excellent handling. As others have suggested, dont give it away. Try to get someone you trust to look over it, put an honest ad stating your circumstances and any faults you find on eBay and places like car and classic and i woukd think it will sell.

Gad-Westy

15,088 posts

220 months

Wednesday 29th July 2020
quotequote all
Olivergt said:
Given that you say you can't drive and also that you don't know much about cars, I would take some good photos, put it up on Ebay for sale. This is probably the easiest way to get roughly what it is worth.

Do you know anyone who has an interest in cars and could maybe take a look, see if it will start etc. If the engine can be shown running, you are likely to get a better price for it.


P.S. Where are you based? That might help people advise better.


You could take a look here to get a rough idea of what it might be worth.

https://www.carandclassic.co.uk/classic_cars.php?c...


Edited by Olivergt on Wednesday 29th July 15:08
Carandclassic is probably a good place to sell it as well. They have an auction option now so you don't need to define a value. Might attract a better standard of customer than ebay.

If it moves safely under its own steam it may also be worth taking it for an MOT (someone else driving of course). If it's in reasonable fettle and just needs some bits and bobs to be roadworthy, then it would be a shame not to do that as it will instantly improve value and should only cost £40. If it fails on several things it also gives you some information to add when advertising.

Jimmy Recard

17,546 posts

186 months

Wednesday 29th July 2020
quotequote all
Do you have any friends who like cars who could take some pictures and write an ad?

I’d do that and put it on eBay. You may even find someone on here who is local to you would help you out with that

crofty1984

16,243 posts

211 months

Wednesday 29th July 2020
quotequote all
The 924 S is more valuable than the standard 924 as it has the bigger engine from the 944. So as other people have said, don't give it away.
Do you know why it was off the road? Did it break down/get damaged or was it because your dad's unfortunately not around to drive it any more (apologies for how callous that sounds).

If it's just been sat, I'd be tempted to:
Take the spark plugs out, a teaspoon of oil/diesel in the bores, plugs back in again. Leave a week.
Spark plugs out again, try to turn the engine over manually (by the end of the crankshaft or pushing the car in gear)
If the engine's not seized you may find a new battery and a couple of gallons of fresh fuel and it'll run again. That'll definitely put you in a better position when it comes to sell.

I did this to a Lotus Excel I dug out of a hedge after 12 years.
If it runs, it's probably worth having someone take it to an MOT so you can sell it with the fail sheet of what needs doing.

If you pay someone to do much you may find that you may make an extra £1000, but you may have paid £3000 to get it to that state.
The bits I've said above (and a good wash!) are basic and virtually free.

Where are you? Maybe there's a local PHer who could advise.

Freedom_Wolf

Original Poster:

10 posts

52 months

Wednesday 29th July 2020
quotequote all
SpeckledJim said:
I don't have much advice, except don't sell it for £300 to the first person to come along, suck his teeth, and tell you it's worthless.

924S is a valuable car now. Even if it is knackered.

Popping it on eBay with lots of photos and as much information as you can remember will give you a reasonable idea of its proper value.
Thank you for the advice!

Freedom_Wolf

Original Poster:

10 posts

52 months

Wednesday 29th July 2020
quotequote all
Olivergt said:
Given that you say you can't drive and also that you don't know much about cars, I would take some good photos, put it up on Ebay for sale. This is probably the easiest way to get roughly what it is worth.

Do you know anyone who has an interest in cars and could maybe take a look, see if it will start etc. If the engine can be shown running, you are likely to get a better price for it.


P.S. Where are you based? That might help people advise better.


You could take a look here to get a rough idea of what it might be worth.

https://www.carandclassic.co.uk/classic_cars.php?c...

Thank you for the advice, the car is in London, I could get my uncle to sort it out maybe and thank you for the link!

Edited by Olivergt on Wednesday 29th July 15:08

Freedom_Wolf

Original Poster:

10 posts

52 months

Wednesday 29th July 2020
quotequote all
DuncanM23 said:
Where are you? It's worth checking out the Porsche 924 owners club - they are a good bunch and should be able to help you out, if only to determine how much it is worth. https://porsche924.co.uk/
Thank you for the advice and the link! I'll put up a post on that site.

Freedom_Wolf

Original Poster:

10 posts

52 months

Wednesday 29th July 2020
quotequote all
biggbn said:
A 924s is potentially a relatively valuable car. The bigger engine made the car quick for its time without ruining the excellent handling. As others have suggested, dont give it away. Try to get someone you trust to look over it, put an honest ad stating your circumstances and any faults you find on eBay and places like car and classic and i woukd think it will sell.
Thank you for the advice!

Lowtimer

4,293 posts

175 months

Wednesday 29th July 2020
quotequote all
If it has not moved for four years it is due a cam belt. If you can't find the date of the cam belt being changed in very late in its working history than it is probably very overdue indeed.

Unlike the 2.0 engine of the basic 924, which can break a cam belt without destroying itself, the 2.5 924S engine is an interference engine in which the valves will smash into the pistons if the cam belt breaks. Personally I would not start the engine on any long-disused 924S or 944 without getting it changed.

Limpet

6,520 posts

168 months

Wednesday 29th July 2020
quotequote all
I thought cam belt as well, if it has been standing a while and you don’t know when it was last done.

I would echo the advice about a local club member or trusted mechanic at least who can give you an honest appraisal of it. Might only cost you a few beers, and will give you a lot more info when you come to list it.

You don’t mention what the overall condition is like, but if it’s complete and not an obviously rusted pile of bits, it might well be worth considering getting it running and in for a test, if the expert suggests it. Even if it doesn’t pass, if it’s a runner, and you list it with the fail sheet, it will be much more attractive to a wider audience, as it will give a prospective buyer a better idea of what they are taking on. The more unknowns, the more cautious the bids will be.

And as above, don’t let it go too cheap. These are pretty rare and sought after now, even as projects.

Good luck with it.

GC8

19,910 posts

197 months

Wednesday 29th July 2020
quotequote all
Freedom_Wolf said:
SpeckledJim said:
I don't have much advice, except don't sell it for £300 to the first person to come along, suck his teeth, and tell you it's worthless.

924S is a valuable car now. Even if it is knackered.

Popping it on eBay with lots of photos and as much information as you can remember will give you a reasonable idea of its proper value.
Thank you for the advice!
I think that 'valuable' is over-stating its worth to some degree. I saw a known-good S in Guards Red sell for, actually it was advertised for, £1,895 a few weeks ago.

FrontRunner values have increased certainly, but if you don't hit lucky with a naive buyer with more money than knowledge, then you're going to have to expect a lot of teeth sucking. Scruffy cars can easily cost £10,000 more than they'll ever be worth to get anywhere near 'right'.

Paint: people make up prices. Dashboard: no chance. Trim: people are making up prices. In fact people are making up prices for everything and usually know next to nothing about the cars or the parts, meaning that you're even less likely to get the right parts, no matter how much you pay.

Id keep it.

Chubbyross

4,631 posts

92 months

Wednesday 29th July 2020
quotequote all
I’m wondering if there is some way of keeping it. It must have quite a bit of sentimental value for you. As has been mentioned above, speak to someone in the 924 owners club first so you can get some idea of the work needed. It could perhaps be a long-term project for you or other family members, if they’re interested. Once you have an idea of what needs doing you could then do each job one by one over time. Maybe there’s some work you could teach yourself how to do, or perhaps with the help of a friend. It’s a relatively easy car to work on so it might be an interesting project.

As a car it’s probably not worth life-changing money but it would be great if you could keep it, get it slowly back on the road and drive it yourself one day - you may need to earn a few no claims bonuses on your insurance first!

Good luck!

aka_kerrly

12,490 posts

217 months

Wednesday 29th July 2020
quotequote all
GC8 said:
I think that 'valuable' is over-stating its worth to some degree. I saw a known-good S in Guards Red sell for, actually it was advertised for, £1,895 a few weeks ago.

FrontRunner values have increased certainly, but if you don't hit lucky with a naive buyer with more money than knowledge, then you're going to have to expect a lot of teeth sucking. Scruffy cars can easily cost £10,000 more than they'll ever be worth to get anywhere near 'right'.

Paint: people make up prices. Dashboard: no chance. Trim: people are making up prices. In fact people are making up prices for everything and usually know next to nothing about the cars or the parts, meaning that you're even less likely to get the right parts, no matter how much you pay.

Id keep it.
This is my thinking to.

It's all very good someone saying don't give it away for £300 when they've not seen it and think all Porsches are worth better than scrap but realistically it isn't worth thousands. Since it doesn't owe you any money and by the sounds of it you can't drive and aren't a mechanic so you'll be paying someone to do the work so you either need to decide if you want to drop ££££££ into it. Your biggest issue is not knowing what you are looking at * with the utmost respect old cars can hide LOTS of problems *

The joy of old cars especially those that have been sat outside for years is that every rubber component will need replacing, the engine will need a full service, brakes/suspension steering will all need work, the bodywork very very likely will need sills/arches floor repairs, then there is paint

In my opinion it is sometimes better to let someone who really knows what they are looking at give it a once over. Personally I'd rather let it go to someone who has the skills/time/resources to rebuild it rather than try and squeeze a few more quid out of it waiting months in the process or potentially sell it to a Porsche breaker who can break it "properly" ensuring as many other 924s get to stay on the road.

Looking on ebay there was another project 924S that sold for £872 that looks like it needs £5k+ going into it.
Then a running MOT'd one with new sills and lots of new parts sold for £2640 , at the very best a well kept good example is £5k based on ones that have actually sold in the last month not the classified adverts for £10K that have been around for 6+ months.



blade7

11,311 posts

223 months

Wednesday 29th July 2020
quotequote all
Post some pics, it might be a Carrera GT smile.

GC8

19,910 posts

197 months

Thursday 30th July 2020
quotequote all
The balance belt is equally important and far more likely to snap.

A1VDY

3,575 posts

134 months

Thursday 30th July 2020
quotequote all
GC8 said:
Freedom_Wolf said:
SpeckledJim said:
I don't have much advice, except don't sell it for £300 to the first person to come along, suck his teeth, and tell you it's worthless.

924S is a valuable car now. Even if it is knackered.

Popping it on eBay with lots of photos and as much information as you can remember will give you a reasonable idea of its proper value.
Thank you for the advice!
I think that 'valuable' is over-stating its worth to some degree. I saw a known-good S in Guards Red sell for, actually it was advertised for, £1,895 a few weeks ago.

FrontRunner values have increased certainly, but if you don't hit lucky with a naive buyer with more money than knowledge, then you're going to have to expect a lot of teeth sucking. Scruffy cars can easily cost £10,000 more than they'll ever be worth to get anywhere near 'right'.

Paint: people make up prices. Dashboard: no chance. Trim: people are making up prices. In fact people are making up prices for everything and usually know next to nothing about the cars or the parts, meaning that you're even less likely to get the right parts, no matter how much you pay.

Id keep it.
^
This.
Not just Porsche but restoration costs can runaway into big figures. If its just a matter of recommisioning like cambelt, full service, battery, tyres and brakes it's going to be worth having this work done.
A full windows out respray possibly taking in repairs to bodywork and underside, engine removal plus the aforementioned work and costs will runaway being far more than the cars worth.
Whatever work it needs though I'd keep it. Its no ill store and prices are sure to rise in the future. Far more attractive proposition to a Mk1 Escort for example..




Edited by A1VDY on Thursday 30th July 06:31