Buying a code 3 Porsche 911?

[Reddy911]

Good Day

Is it a good investment buying a "code 3" air cooled Porsche?

 

[crackersa]

how much?

 

[Venomous]

Code 3

I understand to have been a write off that was rwbuilt.

Insurance could be a problem.
Ask your insurance about said vehicle, and also check with police clearance.

 

[Splinter]

he/she asked if it would be a good investment.

No.

 

[Foxhound5366]

Good Day

Is it a good investment buying a "code 3" air cooled Porsche?

Air cooled ... is that another way of saying that it has had big holes torn into it in an accident?

 

[Username:]

Code 3

I understand to have been a write off that was rwbuilt.

Insurance could be a problem.
Ask your insurance about said vehicle, and also check with police clearance.

No insurance or finance options available for code 3.

 

[Hosehead]

Too expensive to rebuild with Oem parts. It won't have any value except to the driver more likely it will become a bottomless air cooled money pit

 

[The_Traveller]

Something tells me you alReddy got the 911

 

[buyeye]

Accident free sports cars aren't cheap to maintain in the first place.

 

[Splinter]

Air cooled ... is that another way of saying that it has had big holes torn into it in an accident?

Air-cooled are the much older Porsche's if I recall correctly. Old beetles used this as well.

 

[Reddy911]

it's a 1990 Porsche 911. It has been repaired many years ago. Unfortunately registered as code 3.

 

[WaxLyrical]

Price?

And wtf is air cooled.

I say stay away.

 

[Reddy911]

R500k

 

[Splinter]

R500k

Why would you ask us though? This is more a specialist Porsche forum kind of thing.

 

[Hosehead]

R500k

Sure if it's a code 3 remove the two zeros and the k

 

[WaxLyrical]

Walk away man
You're not reddy for this.

 

[Reddy911]

thanks for the advise guys....

 

[Venomous]

No insurance or finance options available for code 3.

Indeed. That's why I advised the OP to speak to insurance people...

 

[Venomous]

R500k

You can get a newer, better maintained model for that price...

If you really want to get rid of itchy money...

 

[silver6933]

Firstly most of these guys are not car people

Secondly you gave no info on the model , year, and other important info.

A turbo 964 would still be a car worth buying.

Very hard to tell which code 3 911 would be worth 500K

Rebuild

https://www.youtube.com/watch?v=SJHJlOdZtOA