Original One Owner Survivor 1981 Porsche 924 Turbo 924S S Sports Car Classic

Price: US $7,995.00 Item location: Waukesha, Wisconsin, United States
Description:

1981 Porsche 924 Turbo

This is being re-listed due to a non paying bidder. Please bid only if you intend to follow through with the auction.

You are looking at a survivor 1981 Porsche 924 Turbo. This Porsche has been cared for by the same owner since new.

Unfortunately the death of the owner and sale of the house forces the sale of this vehicle. It is also in need of a turbo rebuild (common issue) and other work as noted below. It has a squeaky clean Carfax as well. Below is a video collection of this Porsche:

(1981 Porsche 924 Turbo - YouTube) Video will open in a new window

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(1981 Porsche 924 Turbo - YouTube) Video will open in a new window

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(1981 Porsche 924 Turbo - YouTube) Video will open in a new window

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Please scroll down and enjoy the 250+ photos. If you cannot view all the photos, please click here.

This 1981 Porsche 924 Turbo was purchased locally by a PCA member until he passed away. Unfortunately, it sat in their garage for years, and it appears that the turbo will need to be rebuilt. These use engine oil to cool the turbo and we had the car inspected by a local Porsche mechanic that found loads of oil in the turbo unit which is being fed in the motor.

The odometer was repaired and reset on 6/22/1983 when the vehicle had 22,723 miles. If you add the odometer reading currently at 26251 miles, the vehicle has an original 48974 miles. This is supported by the maintenance book and receipts. The Carfax is squeaky clean with only a handful of entries and 26,000 miles.

In addition, he did a leakdown / compression test. The data was all four cylinders showed approximately 135-140 lbs of compression and passed the leakdown test. What he also found is that after properly prepping the engine and starting it, is that the oil pressure light is on at idle at times, and there is some valve clatter. He was concerned that the lower end may need bearings but until the turbo is fixed, there would be no way to know.

The good news is that this can all be repaired, especially if someone knows (and loves) these cars and can do their own work. Parts can be found and the turbos can be rebuilt for around $500 not including labor. This original paint / extremely low mileage car is worthy of repairs, even if it means the engine needs to come out do do so. Note that due to our findings, this car should be considered a project and not driven until the engine is repaired to prevent any damage. It is being sold as-is.

Given the ultra low mileage, condition of the interior, transmission and body, it is hard to find anything cleaner than this. The paint is outstanding and the original color combination with a leather interior and original Blaupunkt radio. It also has the books and receipts. There are very minor marks, chips and small touch ups on the body but it is the nicest we have seen over the years.

If you are looking for a new car, no squeaks or rattles, or the reliability of a Toyota Camry, this car is not for you. If you like a project and understand what you are buying, this vehicle deserves a closer look. We ask that bidders know what they are buying.

Additional auction information:

Any of these should be trailered to their destination until the vehicle is checked over for safety. We are also requiring a bill of sale be signed by the new owner stating this vehicle is being purchased as-is.

Please call us at (262) 894-7348 for additional information on this vehicle. We do reserve the right to end the auction early as it is for sale locally. We are happy to talk with you about the automobile as well.

Auction Terms and Conditions:

This vehicle is sold strictly as-is-as shown without any set aside for problems or issues. We welcome and encourage inspection of all vehicles prior to bidding because opinions may vary. All listings are described as accurately as possible. If you plan to have a vehicle inspection, please make sure you inspect the vehicle prior to bidding. Buyer is responsible for any inspection charges and fees.

When you place a bid on a vehicle, you are entering into a legal and binding contract to purchase the vehicle. The successful high bidder needs to contact us within 48 hours of auction end and submit payment by means of cashier's check (verifiable) or wire transfer within 7 days of auction end. Out of state buyers are responsible for all state, county, city taxes and fees, and any applicable title service fees in the state that the vehicle will be registered.

All shipping charges are buyer's responsibility. We can help with shipping arrangements but will not be responsible in any way for claims arising from shipping damage. We assume no responsibility for damages incurred after the vehicle leaves our possession. We are not affiliated with any carrier. Any claims or other communication regarding shipment of vehicles will be between you and the shipper, not with the seller.

The terms of sale shall be governed by and construed in accordance with the laws of the State of Wisconsin without regard to any conflict of laws or provisions thereof that might indicate the applicability of laws of any other jurisdiction. The venue for all legal proceedings shall be in Waukesha County, Wisconsin.

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Auction Terms and Payment Information

Due to the age and no control over the future use of this item, it is sold strictly as-is as-shown without warranty expressed or implied. You are welcome to inspect this item in person while the auction is running. We are not responsible for any small detail left out of the description as we are a consignment store and not experts on the items we list.

Please e-mail us with shipping questions or concerns prior to bidding. We require that buyers notify us of shipping damage to the item during handling before leaving feedback. Foreign bidders: e-mail us before bidding to determine the cost of shipping and to see if we will ship to your country. Shipping quoted to the United States is for the lower 48 states only. Shipping to Alaska, Hawaii, Puerto Rico, etc. is extra and will be quoted if requested.

For foreign bidders, it is against the law to falsify customs documents. Please do not ask us to do so. We need to mark the customs form with the item sold and amount paid for the item at auction end.

For items sold to Wisconsin residents or picked up locally we are required to collect Wisconsin sales tax. Any item needs to be paid in full within 3 days if paying by PayPal.

We also reserve the right to cancel bids from bidders with excessive negative feedback.