Buy a 1983 Porsche 930 Turbo from the Feds

"CleverUsername" (CleverUsername) 01/07/2015 at 15:05 • Filed to: GSA Auction Watch

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UPDATE 1/22/15 2:41PM EST: Sold for $56,750.

If you're the buyer, let me know in the comments so we can follow up on the car. We'd love to know more details on the car and where it will end up.

UPDATE 1/22/2015 8:33AM EST: With 4 hours left, the bidding is at $30,500USD.

This week in GSA Auction Watch: a !!!error: Indecipherable SUB-paragraph formatting!!! . Our friends over at the US Marshals Service seem to have happened upon a hookers-and-blow-era 911 and it's up for sale. Members Only jacket and Thriller tape not included.

I would entirely support new legislation or policy that would require government sales to report the story behind whatever it is that they are selling. If so, we'd have an idea what the previous owner of this beast did to deserve ( !!!error: Indecipherable SUB-paragraph formatting!!! ) the forfeiture of his car. The car is in Puerto Rico, so you know there's a good story.

!!! UNKNOWN CONTENT TYPE !!!

It's not in the best cosmetic shape, but the clock shows a little over 44K .

The rest of the coupe has a protective layer of dust.

The interior, which is oh, so burghundy, needs a visit from !!!error: Indecipherable SUB-paragraph formatting!!! , but it's all there.

The bidding at the time of this posting is a non-reserve-meeting $16,600 with 14 days left on the auction. Post your guesses below for the final selling price.

DatASSun > CleverUsername 01/07/2015 at 15:08

6

a car that will be worth 500 in the next 20 years .. right now .. 16k WOW

luvMeSome142 & some Lincoln! > CleverUsername 01/07/2015 at 15:10

2

love that whale tail

Stef Schrader > DatASSun 01/07/2015 at 15:11

1

I need dis.

Carl (@stuffcarlsays) > CleverUsername 01/07/2015 at 15:13

48

Jammed in the tape deck:

Cherry_man1 > CleverUsername 01/07/2015 at 15:15

9

How did you miss this? 1994 Supra Turbo

DatASSun > Stef Schrader 01/07/2015 at 15:15

5

Stef we should start a big fund to buy up all the good classics and not sell for 20 years forcing the market to inflate just so we can burst the bubble !!!

captdownshift > Stef Schrader 01/07/2015 at 15:18

0

you're only allowed to get it if you cage it and properly race it :) (as I would do; though I may rally it til we both meet our untimely demise)

Earthbound And Down > CleverUsername 01/07/2015 at 15:18

17

The car is located in Puerto Rico.

So, whatever you spend on it, you'll spend just as much getting it back to the mainland.

Steve is equipped with Electronic Fool Injection > Carl (@stuffcarlsays) 01/07/2015 at 15:19

0

Just gonna leave this one here...

paperpaper > CleverUsername 01/07/2015 at 15:20

2

http://gsaauctions.gov/gsaauctions/au…

An FD!

monovich > Earthbound And Down 01/07/2015 at 15:22

8

Costs 2k to ship a car here from the UK. Is Puerto Rico a lot worse?

CleverUsername > Earthbound And Down 01/07/2015 at 15:22

65

Somehow, I doubt that a trip on a container ship will cost $16K+.

ETA: I just got an online quote for $1500 to send the car from San Juan to my door in MD.

BeerMeThatWater > CleverUsername 01/07/2015 at 15:23

4

The following information pertains to the performance of this vehicle: Fast as fuuuuuuuuuck.

guanacoracing > Earthbound And Down 01/07/2015 at 15:24

0

Plus is missing a pedal...

philipilihp > CleverUsername 01/07/2015 at 15:24

4

Oh God I want this. Burgundy interior and cocaine traces and all.

monovich > CleverUsername 01/07/2015 at 15:24

3

!!! UNKNOWN CONTENT TYPE !!!

StevenG > monovich 01/07/2015 at 15:24

2

It is a heck of a lot closer, so I don't see how.

Stapleface-Now Hyphenated! > CleverUsername 01/07/2015 at 15:25

0

Did anyone check the frunk for the rest of the cocaine?

One of my favorite 911's ever made though. Only thing it's missing is turbo twist wheels.

6shelBfan6 > Earthbound And Down 01/07/2015 at 15:25

16

I bought a car in Denmark and had it shipped to Houston via container. $1800. Insurance included.

The Old Man from Scene 24 > Earthbound And Down 01/07/2015 at 15:25

1

Not necessarily. There is a huge market shipping used cars from the US to the Caribbean, northbound rates are pretty reasonable depending on the time of the year.

Admittedly though, it's been several years since I've had to move a vehicle.

Fred (FreddsterExprs) > Cherry_man1 01/07/2015 at 15:25

9

It's an automatic.

captdownshift > philipilihp 01/07/2015 at 15:26

2

traces haha, xray the gas tank.

that interior would cause me to name it "Ron"

CleverUsername > Stapleface-Now Hyphenated! 01/07/2015 at 15:27

0

I'm guessing that the US Marshals Service got it all.

My X-type is too a real Jaguar > CleverUsername 01/07/2015 at 15:27

5

I'll bet the original owner has the Smuggler's Blues

!!! UNKNOWN CONTENT TYPE !!!

Cherry_man1 > Fred (FreddsterExprs) 01/07/2015 at 15:27

6

So is the RX-7 they have also listed but who friggen cares at that price. you could buy the manual to shove in there

Weedletrainer > Cherry_man1 01/07/2015 at 15:28

0

And the FD:

http://gsaauctions.gov/gsaauctions/au…

damnthisburnershitsux > CleverUsername 01/07/2015 at 15:29

2

yeah Puerto Rico is part of the US, the people are US citizens and there is every so often talk about making it the 51st state... so not even like it has to go through customs.

GESoutperform > CleverUsername 01/07/2015 at 15:29

0

That's not dust, just some residual blow from the original owner, there just might be an 8 ball in the glovebox. (Fingers crossed)

bargahburga > CleverUsername 01/07/2015 at 15:29

1

Can anyone confirm that this is indeed a Turbo, and not just a 911 with a bad bodykit and rear emblem? There are no engine shots after all, and I'm sure it must be an as-is / where-is sale, right?

dagibby > Cherry_man1 01/07/2015 at 15:29

0

Also in Puerto Rico...

scotschris > Fred (FreddsterExprs) 01/07/2015 at 15:30

0

It would appear you're in the right place with comments like that

boobytrapsandtreasure > CleverUsername 01/07/2015 at 15:31

0

Wait, what did that say? I think I blacked out for a second.

Vintage1982Benz > CleverUsername 01/07/2015 at 15:32

2

How do you know where bidding is at? Is the deposit required 10% of where the bid stands?

*Upon closer inspection, I deduct is is directly next to the text stating "Current Bid"

Juan > CleverUsername 01/07/2015 at 15:32

3

There's no way that thing sells for less than 50 K... And it would still be a bargain.

comeandgo > Cherry_man1 01/07/2015 at 15:33

0

That is a pretty clean RX-7!

Shawn > CleverUsername 01/07/2015 at 15:33

0

Because Turbo

Just1BeforeIDie > CleverUsername 01/07/2015 at 15:33

0

It appears the car was seized by the US Marshals, so it could have been for many different reasons but generally all from convicted criminals.

Examples from Texas:

http://www.npr.org/templates/stor…

get-nick > CleverUsername 01/07/2015 at 15:33

3

A quick search online shows these going for $60k+. Would it really be that easy to flip and make an easy $20k?

Stulgs > CleverUsername 01/07/2015 at 15:35

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"MOM! Who's that cousin you have that lives in Puerto Rico?!"

RedWhine > CleverUsername 01/07/2015 at 15:35

0

Oh god those rear over riders... BLECH!

guanacoracing > dagibby 01/07/2015 at 15:35

0

Also missing a pedal...They don't teach how to drive manual in PR?

lone_liberal > CleverUsername 01/07/2015 at 15:36

1

Nice! The only thing they are selling near me is some shack in Seattle. For $5m.

http://gsaauctions.gov/gsaauctions/au…

Gary Yogurt > CleverUsername 01/07/2015 at 15:36

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!!! UNKNOWN CONTENT TYPE !!!

RedEyeNinja > CleverUsername 01/07/2015 at 15:38

3

Perfect donor for a Singer or RWB build...

schrodingers > Cherry_man1 01/07/2015 at 15:38

0

Bro-tastic.

Drakkon- Most Glorious and Upright Person of Genius > CleverUsername 01/07/2015 at 15:41

2

Mk4 Supra?

http://gsaauctions.gov/gsaauctions/au…

Aremmes > CleverUsername 01/07/2015 at 15:41

5

I've known of people bringing cars from San Juan to Miami for $800 or thereabouts, so you could have it shipped there and give it a shakedown on I-95.

Drakkon- Most Glorious and Upright Person of Genius > CleverUsername 01/07/2015 at 15:42

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Gen3 RX-7...

Fred (FreddsterExprs) > Cherry_man1 01/07/2015 at 15:42

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Well at 5 grand it's not an issue at all, but I think it's safe to assume that it will be sold for significantly more in the end. And if you then have to factor in labour for the manual conversion... I'm not sure if it would end up being a good deal.

Miguel Pacheco > CleverUsername 01/07/2015 at 15:43

6

Intriguing, considering I live in Puerto Rico... wish I had $16K to spend!

LunaticFringe1979 > CleverUsername 01/07/2015 at 15:43

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I am registering now so that I can buy this bad boy. Hopefully this blog doesn't get too popular (wishful thinking, I know), so that I may be able to buy this pretty little thing and bring her back to all of her glory.

caddyshack > CleverUsername 01/07/2015 at 15:43

4

Bad boys, bad boys.. what cha gona do?

Treemendous > Carl (@stuffcarlsays) 01/07/2015 at 15:44

1

You sir, have won this comment section!

Drakkon- Most Glorious and Upright Person of Genius > CleverUsername 01/07/2015 at 15:44

9

Fuck your Porsche, I'm buying a Nike missile base!

http://gsaauctions.gov/gsaauctions/au…

CleverUsername > RedWhine 01/07/2015 at 15:47

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US-mandated bumpers are terrible, but they are original, which means something in this case.

CleverUsername > Just1BeforeIDie 01/07/2015 at 15:47

2

I would love to know which cartel this one came from.

Ben Renner > Earthbound And Down 01/07/2015 at 15:47

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$1200 or so to ship to tampa fl

getoffmylawn > Earthbound And Down 01/07/2015 at 15:48

0

man driving that thing in PR would be terrifying

GreatPower > CleverUsername 01/07/2015 at 15:49

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The floor mats actually seem to be the most damaged element to this vehicle's interior. Other than a heaping quantity of dust...this is really really good!

DanPadge > CleverUsername 01/07/2015 at 15:51

1

We have recently learned that some Department of Homeland Security (DHS) and Department of Justice owned vehicles may have a Confidential Hold on them.

So you can buy it, but that doesn't necessarily mean you're going to get it. Btw my guess is under $25k and it won't pass reserve

Arominus > CleverUsername 01/07/2015 at 15:51

7

Important Disclaimer: RESERVE NOT MET.

Also this car will sell for 50k+ now based on this post alone.

Aremmes > damnthisburnershitsux 01/07/2015 at 15:51

2

True, no customs involved between PR and mainland USA, however it automatically comes under Jones Act cabotage regulations, limiting such shipping to US-built and flagged vessels, with (mostly) US crew paid US wages. The chicken tax and the 25-year import rule have nothing on the level of protectionism enjoyed by the US merchant marine.

CleverUsername > DanPadge 01/07/2015 at 15:52

2

$25K would still be a screaming deal.

tonered > CleverUsername 01/07/2015 at 15:52

0

How did a jacked up, ahem, businessperson make it to 44k in that car? There has to be a tree included in the sale somewhere.

the_grouch > CleverUsername 01/07/2015 at 15:53

5

Why you do this to me? Why you post a 930 I could potentially afford? And I even have someone who could go pick it up and ship it for me in Puerto Rico. Only problem is my wife would go nuts, if i do buy it. Why are you trying to ruin my marriage????

Luckysaturn13 > Drakkon- Most Glorious and Upright Person of Genius 01/07/2015 at 15:54

1

they had one near me that they turned into a school. They named it ...wait for it... Nike elementary!

Have Jeep, will travel. > CleverUsername 01/07/2015 at 15:54

1

me doesnt think that car has an engine in it. Even at 16k that is a haggered ass car and will not be a cheap acquisition. Last one i built a motor for the bill alone was $22k and that was 10 years ago.

Syscrush > CleverUsername 01/07/2015 at 15:56

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Does it have a Blaupunkt with quadraphonic sound?

Drakkon- Most Glorious and Upright Person of Genius > Luckysaturn13 01/07/2015 at 15:56

2

You live in Pacific, MO.

The coolest thing about Nike Elementary is the elevator lifts still work and the school district parks crap down in the bottom of it of the missile pits.

There is another base that just came up for auction near Rosebud, IL (about and hour SE of St Louis) and it was private and still had one operating elevator lift.

Drakkon- Most Glorious and Upright Person of Genius > monovich 01/07/2015 at 15:58

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Not original wheels, but period correct. They get a pass.

Daniel Fleck > CleverUsername 01/07/2015 at 15:59

8

Sounds like DeMuro needs to take a vacation to Puerto Rico...

Drakkon- Most Glorious and Upright Person of Genius > lone_liberal 01/07/2015 at 16:00

1

"please come to the alley entrance." says the ad.

"Ignore that man with the iron pipe"

"the garbage truck arrives between 10:20 and 10:35, do this quick!"

"only hit him once so he doesn't bleed much."

Drakkon- Most Glorious and Upright Person of Genius > CleverUsername 01/07/2015 at 16:00

3

This auction page needs its own sub-blog on Jalopnik

CleverUsername > Have Jeep, will travel. 01/07/2015 at 16:01

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$16K is the auction's starting price. Since the feds seized it, it's all profit.

gm0n3y > Cherry_man1 01/07/2015 at 16:03

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Reserve not met. Who knows what it will go for?

Ilbrutto13 > Drakkon- Most Glorious and Upright Person of Genius 01/07/2015 at 16:04

2

I'm more interested in that cosmo behind it.

Austinguy83 > CleverUsername 01/07/2015 at 16:05

3

CleverUsername > Drakkon- Most Glorious and Upright Person of Genius 01/07/2015 at 16:08

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Oh, then I'd have to really start watching it. ;)

SkarTisu > CleverUsername 01/07/2015 at 16:09

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"a non-reserve-meeting bid of $16.6k"

Okay, so what's reserve? $30k?

DennisReynoldsGoldenGod > CleverUsername 01/07/2015 at 16:10

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They keep saying a bunch of things are wrong with the trunk. GSA sellers are about the least thorough people in the world. Without a picture of the engine in the back, I would be scared find this car without an engine.

Just1BeforeIDie > CleverUsername 01/07/2015 at 16:11

1

The description doesn't lead me to believe there were drugs in the car, nothing was too torn apart, but I am guessing that it wasn't a simple repo either.

FancyTech > CleverUsername 01/07/2015 at 16:11

1

Ugh govt auctions drive me nuts.. Stuff always sells for wayyy more than what it's worth after people start fighting over said item like a pack of hungry dogs. It doesn't help that thanks to these get rich auction tv shows people go insane with bids. There was a 97 Ferrari 456 that sold for I believe 65k , it didn't start, was missing parts, the rear subframe/ suspension was bent. I mentioned on a local forum that it would be only worth buying if you got it for under 20k or just happened to have the parts to fix it. Sure enough auction day came and people went crazy! My friend who is a master Ferrari tech and I were watching the bidding laughing but then reality sank in and we realized that someone just bought that.

DieHardDan > CleverUsername 01/07/2015 at 16:12

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Just curious here, but let's say this was cleaned up and a decent running example with no major mechanical defects. What would that car be worth right now?

ScreenShot > CleverUsername 01/07/2015 at 16:15

1

Pretty sure the profit in this deal lies hidden inside compartments the feds didn't bother finding.

DLu > Cherry_man1 01/07/2015 at 16:20

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So, once again, we have evidence that criminals can't drive/don't prefer a manual. My RX-8 is safe.

Dineth J > the_grouch 01/07/2015 at 16:24

2

I'm sure can import a new wife from PR too! Lol jk

coolawn > CleverUsername 01/07/2015 at 16:25

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$25,000 give or take a $1,000

n54 & s38 > CleverUsername 01/07/2015 at 16:29

3

I should buy this, import it to Canada, clean it up and flip it. It'd be easy to import here. We don't give a fuck about compliance for a vehicle this old.

The World of Vee > DieHardDan 01/07/2015 at 16:29

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somewhere close to 50k

RedHotFuzz > CleverUsername 01/07/2015 at 16:30

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Would it kill the feds to spend a couple hundred bucks on a detail before auction?

RS63AMG > Fred (FreddsterExprs) 01/07/2015 at 16:30

0

Porsche made a 930 automatic?!? My mind is blown.

kamikaze63 > My X-type is too a real Jaguar 01/07/2015 at 16:30

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The hardest video to find on the internet. Thank you.

n54 & s38 > Syscrush 01/07/2015 at 16:31

2

And 4-band EQ!

Manwich - now Keto-Friendly > CleverUsername 01/07/2015 at 16:33

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The only thing I don't like about this is how the government probably got this vehicle... through corrupt application of asset forfeiture laws.

In principle, I disagree with feeding that monster.

The Stig's Rustbelt Cousin > CleverUsername 01/07/2015 at 16:34

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With absolutely no indication of the reserve on this auction, how exactly is it the "deal of the century?" Something tells me the person responsible for selling this vehicle has done their 5 minutes of due diligence on Google, and knows exactly what a gray-market 930 Turbo is worth on the used car market. It's also not that hard to estimate what the cosmetic repairs will cost, and figure an appropriate base price from there. It may be a screaming deal now, but it's not going to sell for anywhere near that little.

Manwich - now Keto-Friendly > FancyTech 01/07/2015 at 16:37

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I attended a police auction like that once too.

Too many idiot bidders who feel like they need to "win". And then some of them try to take off after they've realized they bid too much because they were fucking idiots with the irrational need to "win".

I didn't end up winning any of the bids and I haven't attended any of these idiot-filled auctions since.

DieHardDan > The World of Vee 01/07/2015 at 16:38

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Wowza. So basically if you're lucky and all that's wrong with this example is a thick coating of dust, the auction winner makes out real good? Does the fact that the car spent time in PR under dubious circumstances detract from its value at all in the Porsche circles? Is that a black mark on its pedigree so to speak? Or is the only gamble here whether or not it is mechanically sound?

The World of Vee > DieHardDan 01/07/2015 at 16:40

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well yes and no, if it was up to spec it wouldn't much.

the funny thing about exotics and near exotics are that people are willing to overlook certain things about its past (or celebrate it in some instances) so long as its present is shiny and bright

factsaboutrats > the_grouch 01/07/2015 at 16:40

0

+1 this, was thinking maybe I could keep it at work...

jtiberius91 > CleverUsername 01/07/2015 at 16:43

1

WHERE HAVE YOU BEEN ALL MY LIFE