Morning Ouch

356 Porsche-related discussions and questions.
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Jim Liberty
356 Registry Member
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Joined: Tue May 06, 2008 3:47 pm
Location: Orange Co., CA

Re: Morning Ouch

#106 Post by Jim Liberty » Wed Dec 06, 2017 9:44 pm

CJ, if they gave me $50K and the car, I'd still run !!!
Jim Liberty

Martin Benade
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Location: Cleveland, Ohio

Re: Morning Ouch

#107 Post by Martin Benade » Wed Dec 06, 2017 11:01 pm

That one makes the one in the mud look appealing by comparison. I emailed the seller in our classifieds a couple of months ago about a similar mess he was selling. I asked rather diplomatically if it was a joke, partly because in the background of the pictures were maybe twenty much better body shells. I got no response. I wouldn't be surprised if he only gets rude responses to that ad, maybe he enjoys the abuse.

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Daryle Higginbotham
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Re: Morning Ouch

#108 Post by Daryle Higginbotham » Wed Dec 06, 2017 11:26 pm

Guys - The 62 I sold on BaT for $4,200 looks like a bargain compared to this 59 for $14,500.
 
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C J Murray
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Location: 30MI WEST OF PHILA

Re: Morning Ouch

#109 Post by C J Murray » Thu Dec 07, 2017 7:27 am

Daryle Higginbotham wrote:Guys - The 62 I sold on BaT for $4,200 looks like a bargain compared to this 59 for $14,500.
I agree. It even came with a "transmission"! BUT, when that A coupe is restored by the new owner, in his garage using simple hand tools, he will get a really big pot of gold, even bigger than that of the '62 restorer. Seriously, isn't it quite possible that these cars are being used to give stolen cars a new identity?
'57 Speedster
'59 Sunroof
'60 Devin D Porsche Race Car - Finally Finished!
'63 GS 2133 coupe
'64 Elva Courier mk4T
'67 911 S Original Owner

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C J Murray
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Re: Morning Ouch

#110 Post by C J Murray » Thu Dec 07, 2017 7:47 am

Question, if the fires rip through that junkyard will the car be worth less or more?
'57 Speedster
'59 Sunroof
'60 Devin D Porsche Race Car - Finally Finished!
'63 GS 2133 coupe
'64 Elva Courier mk4T
'67 911 S Original Owner

Martin Benade
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Location: Cleveland, Ohio

Re: Morning Ouch

#111 Post by Martin Benade » Thu Dec 07, 2017 8:29 am

Depends on his insurance.

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Charles H Jacobus
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Location: Dallas, TX

Re: Morning Ouch

#112 Post by Charles H Jacobus » Thu Dec 07, 2017 9:30 am

Go for it!! Barn find! - no, not a barn, more like seaside charm.

Chuck
Current:
2012 Silver 991
1995 Midnight blue 993
1965 Red 356C

Past:
Fond memories of 14 others (including a '63 Normal and a 61 S90) :)

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Adam Wright
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Tag: KTF

Re: Morning Ouch

#113 Post by Adam Wright » Thu Dec 07, 2017 1:41 pm

C J Murray wrote:
Daryle Higginbotham wrote:Guys - The 62 I sold on BaT for $4,200 looks like a bargain compared to this 59 for $14,500.
I agree. It even came with a "transmission"! BUT, when that A coupe is restored by the new owner, in his garage using simple hand tools, he will get a really big pot of gold, even bigger than that of the '62 restorer. Seriously, isn't it quite possible that these cars are being used to give stolen cars a new identity?
I've never heard of this happening, but I can share some facts of what happens to these rough cars. You can read here:

viewtopic.php?f=4&t=35582

Neil has moved heaven and earth to make his 356 come true. Is he crazy? Maybe, but he gets to work on a 356, which for many is a lot cheaper and more effective than therapy.

Also, if you are interested in watching Porsches getting stolen and chopped, sometimes re-vinned, I can recommend a great movie, classic Charlie Sheen, long before garbage like 2.5 men. Some of you might remember my review from my old Registry column, Wheels and Reels.
noman.jpg
noman.jpg (23.37 KiB) Viewed 807 times
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noman1.jpeg
I always need stories for my Barn Find column in the magazine, if you have a good story to share, please let me know.

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C J Murray
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Re: Morning Ouch

#114 Post by C J Murray » Thu Dec 14, 2017 9:16 am

http://roadscholars.com/year-2017-rear-view-mirror/

I read this today. Think about the cars that are the subject of this thread as you read.
'57 Speedster
'59 Sunroof
'60 Devin D Porsche Race Car - Finally Finished!
'63 GS 2133 coupe
'64 Elva Courier mk4T
'67 911 S Original Owner

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Vic Skirmants
356 Registry Member
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Location: SE Michigan

Re: Morning Ouch

#115 Post by Vic Skirmants » Thu Dec 14, 2017 9:45 am

I like "sexual intellectual".

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Steve Harrison
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Location: Auburn AL

Re: Morning Ouch

#116 Post by Steve Harrison » Thu Dec 14, 2017 10:03 am

That is funny, I agree Vic.
The other thing that I think is at hand here is the overall notion that buying a car, any car, and paying to have it restored, and selling it for a profit, is a rather new concept really. Back in the late seventies try that with anything but the super rarest cars and you’d lose your keister. But some people didn’t care. The guy from whom I bought my car, Lowell Sivey, said jokingly when I bought it,..”You’ll spend twelve thousand restoring a car that’s worth ten” and he was just about right at the time. I didn’t care, nor did anybody else that was into fixing up cars at the time. You knew it was a loser, but sorta like Adam said,...good therapy, and just plain ole fun to do.
Things then changed.
But did they? Try buying a 356 at current market price, pay to have it restored, and see what the “return” is. To make much or anything these days the formula likely has to include the factor that the owner bought the car a while back, and now is trading on the finished value increase that has happened over time.

I do however see in the article a timeless philosophical gem that is as accurate now as it ever was,..”Buy what you like”. It’s like art. Buy what you like, if it makes you a buck or two, great,...if not, you’re the one who got to enjoy it while on this earth. So I guess this would apply to some of these “lost causes” out there too.

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Adam Wright
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Re: Morning Ouch

#117 Post by Adam Wright » Thu Dec 14, 2017 11:39 am

C J Murray wrote:http://roadscholars.com/year-2017-rear-view-mirror/

I read this today. Think about the cars that are the subject of this thread as you read.
The irony of all this, the tip I got on the mud car, came from Cam at RS.
I always need stories for my Barn Find column in the magazine, if you have a good story to share, please let me know.

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Charles H Jacobus
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Joined: Wed May 28, 2014 5:02 pm
Location: Dallas, TX

Re: Morning Ouch

#118 Post by Charles H Jacobus » Thu Dec 14, 2017 12:29 pm

I notice the 993 took a hit, but the 356s seem to be holding up on Hagerty's valuation. I think the guys using the car market as an investment are taking some profits and returning to the stock market. That will change.

Below is the 993 and 356C over time.

Chuck
Attachments
356C values.jpg
993 value.jpg
Current:
2012 Silver 991
1995 Midnight blue 993
1965 Red 356C

Past:
Fond memories of 14 others (including a '63 Normal and a 61 S90) :)

Martin Bruechle
356 Fan
Posts: 377
Joined: Thu Feb 23, 2017 12:41 am
Location: So Cal

Re: Morning Ouch

#119 Post by Martin Bruechle » Thu Dec 14, 2017 1:07 pm

Daryle Higginbotham wrote:
Just to let you know, the little 62 coupe will be on its way to Sunny California next week.

May be listed in a few years as a "California Car" for sale :)
Calf makes it easy. I just bought a clean set of original 1965 license plates for my C

YOM program = "California Car" for only $45 at the DMV
It used to be only 1962 and older and is now 1972 and older to get original Ca plates

http://www.ply33.com/Misc/yom

This form is used to apply for assignment, reassignment, or retention of a Year of Manufacture (YOM) plate. YOM plates are any officially manufactured California license plates issued prior to 1969 for auto, motorcycle, or trailers and extends to 1972 or prior for commercial vehicles that the department determines are legible and serviceable pursuant to California Vehicle Code §5004.1.

Martin Bruechle
356 Fan
Posts: 377
Joined: Thu Feb 23, 2017 12:41 am
Location: So Cal

Re: Morning Ouch

#120 Post by Martin Bruechle » Thu Dec 14, 2017 1:21 pm

C J Murray wrote:Well, what do you think?

https://porsche356registry.org/classifieds/18419
I was climbing around those racks in 1983 for parts.
34 years later the same cars are still sitting there.
Alameda St N of the 105 in Los Angeles

Not sure what to think about Ben ?
Some guys keep asking 2 - 3 times the value of something ?
Do they enjoy re-listing ads for months or years ?
Major Fishing Expedition !

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