Restomods Under $500K, Amazon Sells Fords, FBI CLK-GTR Drama & The Underpriced Porsche Episode

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Nice speech.

Everyone just saw it and goes, nice speech stir, because it looks like a regular speech

stir.

But then you have to look closely, and you're like, something is off, and then you go narrow

body, and you're like, that's kind of weird.

So I don't know what to think of it, and I don't know what the, if it was like a 5,000

mile cool color car, it would be huge money.

We're talking well into the threes, maybe even four, because it's collector grade.

This is the guy who wants a speech stir to take on a rally.

We'll see.

I'm anxious.

The car guy in me wants to just drive it.

I want to see, like, to me, then, if you really want a speech stir, the 964 speech stir is

the speech stir to get, because that is kind of the ethos of the original speech stir.

We're going to talk about that today, because I thought those things are, you can get

one of those for less than 200 grand, which I was really surprised when I was researching

it.

Yeah.

And they're good values, and the reason why is because they're narrow body.

Yeah.

I agree.

And they don't carry around the extra weight.

So listen, this is full throttle talk.

Welcome back.

I'm here with my great friends, Paul and Dave.

Casey is taking the week off for some family issues.

So God bless you, Casey.

Hopefully everything goes great for you.

So we're going to be covering our favorite topics this week.

And starting with, what did you do in cars this week?

Automotive news.

Resto mods for less than 500 grand.

I had to boost it up.

I was having a hard time finding anything.

I know this is that I got lazy, I suppose this or that with a twist.

And this was Paul's ideas sold cars.

We found they were actually maybe underpriced.

So and I've got a lot of extra stuff.

I don't know if you guys peruse the sheet, but I put some extra ideas in there as well.

So without any further delay, what did you do in cars this week?

Paul Kramer.

All right, well, we talked a little bit about this before we went live, which is the

coming up FAT fat mankind ice races in Big Sky, Montana at the end of February.

My goal is to drive my 944 Turbo S up there from Southern California to Big Sky, Montana

in the snow.

I'm getting it ready.

I'm getting myself ready.

It is my New Year's resolution.

Like we talked about was to set a goal, not a painful goal, but something fun that's

going to require pain to get there.

And I've been, today I'm going to be walking in knee deep water for a mile to try

to build ankle strength to get ready for snow.

But I drove my 944 up to the mountains, Good Vibes Breakfast Club at Newcombe's on

Friday.

That was my first time driving a manual transmission in the mountains.

I've driven manuals just on the freeway and it worked out really well.

I mean, by the end of the day, I was exhausted.

It was over 200 miles.

The back road all the way through rightward was open, so I drove it on the

way back.

There was snow, not snow on the ground, but on the sides.

And it was really fun.

And right now I'm working on getting snow tires.

Yesterday we were in the garage with the help of a friend putting the front wheels

on the rear to see how they all fit.

And I took my 928 wheels.

You know how it is if you're a car guy, Dave probably really knows this.

You managed to have insane numbers of wheels, but you never have the

wheel you need, right?

Correct.

Because you took them off of something else that you didn't really like them on

or whatever.

And you stick them in a storage container or something like that.

And then you pull them and they still look shitty over here, too.

Yeah.

I had over 30 wheels in our storage container.

And I couldn't find the two.

I wanted, found them.

But anyway, so we're working on that.

You know, and I was thinking about, and Tim knows this being in Southern

California, how fortunate we are.

Yes, there's a lot of things shitty about California.

I know it.

You send me messages about, you know, what we have to pay to live there

and the crap we have to deal with.

But like on a Saturday, when a GT2 Sport Evo, a GT2 Evo comes to cars

and coffee.

I mean, I don't know, these are $2 million cars.

They made 30 of them at the very, very end of production.

They got the 3.8 motor.

They were close to.

Can we pause here?

So I want you guys, this is something I've had in my spreadsheet

to ask you guys forever.

I mean, you guys never indicate that you want to talk about it, but I'm

just going to, you know, since there's three of us, we can burn

some time here.

And I don't have to worry about being rude and avoiding anybody.

Do you guys think that's the most beautiful car ever designed?

No, no, it's, it, it's horrible, but here's why I like it.

No, no, no, no, no.

Dave hasn't contributed.

Okay.

That car or like personally, I think the Long Hood RSR is the

most beautiful car ever designed full stop.

I just love it from every angle.

I can't say that about any other car with the second close

second of that Frankenstein, the ass looking thing.

Dave, I don't personally, not my jam, like I like the wider body.

I like, you know, the four S or something like that, you know, in

terms of the, but the bolt-on fenders, that particular

tail and the wing just does nothing for me.

I mean, I think it kind of wrecks a perfectly good 993 as

far as I'm concerned.

See, that's why Paul likes it because it's ruining a 993

is really the reason Paul likes it.

Yeah, because as my friend pointed out, Mike Nesdale, who

sees me at Cars and Copy, and he's a 912 guy, and he always

says like, why do you keep picking on us 912 guys?

And I'm like, I pick on you because I love you.

He mentioned something.

He's like, well, I guess you found something new to

Bully, which is 993, so go for it because you're not

picking on my 912 anymore.

And I said, yeah, but the thing about, and you're

right, this ruins a 993 in a sense.

But what I've always liked about Porsches and Tim remembers

my Mad Cow 934 creation was I like this car isn't making

excuses.

It's not trying to be pretty.

It was Porsche going, okay, we need to put even bigger wheels.

They started with a 993 turbo body and they put flares.

They didn't make the flares look great.

They literally riveted them onto the car.

Oh, we need a bigger wing for downforce.

They just put this monster on there.

What I think is horrible is people who recreate these.

They're like, they're mimicking something that's ugly.

That's got a specific function and they're never going to

use that function.

And even the God awful three piece speed line wheels

that make me want to throw up in my mouth make sense

on this car because they were made to be as light

as possible, throw the centers away, throw the

hoops away, reuse as many wheels as possible.

So and when you look inside on my Instagram,

I've got a little video walk around.

It's it's purpose built homologated.

So this so this was the cool thing about this car.

This was owned by tennis pro Helena Sokova.

And if you Porsche has always been a big supporter

of women's tennis, they're always a big sponsor.

And if you're a winner or they like you,

they just give you cars.

So like Lindsay, I've sold to Lindsay Davenport.

I mean, I'm a winner.

Yeah, you are.

I sold to Lindsay Davenport cars and they were

just basic 996 cabs 993 cab, nothing special.

But Helena would get offered.

Hey, Helena, do you want a 993 cab?

She goes, No, I want that.

And Porsche built that for her.

That was her choice of car.

She has a 928 Club Sport Super Rare.

She had a 968 Turbo S Super Rare.

I would love to have a podcast with her because

of all the women tennis players.

She ordered the coolest shit.

Well, I mean, what a rad person.

So that car has a cool history.

And just, you know, since we have time,

I was packing in as many car things as possible

because when I do car things, it makes me walk.

And when I walk, I get stronger for the ice races.

So then on Sunday morning while my wife promised

to go to cars and coffee, but this was too early.

There's a little group of us that meet at Lido

on Sunday morning.

And I mean, look at those two cars.

You have a 911 ST in the communication color,

whatever the blue is and a black on black Carrera GT

just street parked.

In fact, they were kind of double UPS style parking

and the Teslas were parking on the inside.

I was finally got the guys.

I'm like, you guys need to move your cars.

Then I go pick pick up my wife and we go to cars

and another cars and coffee at Italian restaurant

in Long Beach.

You could see us hiding behind the German cars,

but there was Montreal's that car in the back

is a launch of full the full via Zagato,

which is a really cool car and then there's the Julia

and then there was Johnny Morton.

And do you guys know who he is?

I do motorcycle racer.

That's Johnny Morton.

He was he was really the guy who put Datsun

BRE on the map really got Datsuns into the U.S.

Market.

They were they were the best Transam races in the late

60s.

It was just the epic battles between Datsun,

Alpha and BMW.

And then you imagine they all look the same.

You could see a GTV in the background.

And what's funny is he I mean he loath Alpha,

but he's hanging out at an Alpha event.

He's raced at Monterey Historic.

He's raced Le Mans.

I mean, it's just this is just a weekend in Southern

California car culture, which makes all the pain

of the other shit we have to deal with.

Kind of worth it.

So that's what I did.

Well, I'm not going to talk politics, though.

I do have to say this is worth mentioning.

The newsletter has created is starting to get a

following outside of the podcast, which is kind of

fun.

Interesting.

I wasn't expecting that.

If you're not subscribed to the newsletter, it's

very easy to do so.

It's full.

ThrottleTalk.com or you can click the link below

and it's free.

So we've been writing tons and tons of articles.

It's, you know, with AI, it makes it a lot

easier.

You put in the idea and you put in the outline

and that kind of creates that fills in the

blanks, you know, but Paul's been writing some

fun stuff and old 9-elevens.

And now we've got, we were getting some contributors,

some really unbelievably wonderful content that's

being produced by all of you guys.

And if you'd like to contribute something, don't

worry about it being grammatically correct or

all the rest of it because we're going to run it

through the, you know, AI editor anyway.

So if you've got something you'd like to submit,

just message it to actually all you have to

do is just when you get the newsletter, just

reply saying you'd like to contribute, maybe

attach what you'd like to contribute and you

and I will go back and forth.

And I mean, it's, it's a lot of fun.

I'm really surprised how successful the newsletter

has been and then at the same time I'm not

because we definitely have found our people.

So Dave, what did you do in the last week?

Well, I'm going to come first before we move

on to me.

I need to come back to Paul for one minute

because I really do want to talk a little bit

more about this fat, fat man pie ice race.

So I'm familiar with it all, Paul, but are

you going as a, not as a participant, are

you're going to observe or what are you, what's

your plan here?

Cause I'm trying to get in on this mix.

So the plan is the goal is to drive up there

from Costa Mesa all the way to Big Sky, Montana

with my buddy have the car ready.

And if I'm lucky, get to participate in the

actual ice race, which is best way to describe

it is like a Jim Conner autocross on ice.

It's more of an exhibition.

It's somewhat competitive, but very gentlemen.

It's more of a show and display.

So when you go on to their website, you

can go buy tickets or it says enter a car.

I entered two cars, my 911, the green 911

I do rallies in the 944.

I literally got an email back this morning

that they said, no, thank you on the 911.

Maybe the 944, which I've kind of made look

fun with Dutch police delivery.

I think they're looking for stuff.

That's social media, Instagrammable.

It's really when you go to their website,

you can see it's an event made to be Instagrammable.

I'm trying all my stops.

My friend, again, has a 67 s.

He's driving up.

He knows people on the inside.

I spent 20 minutes talking to Ferdy Porsche

and it's his event at his place in Mankai.

And of course, I don't have his email.

I just DM'd him, which a million people DM him.

I'm trying everything possible to get to put my car

in the event and drive it.

Worst case, we're going as a just a spectator.

Yeah, hanging out, got an Airbnb and

look at that again.

Some other stuff going on.

I mean, there's another event on a done floor.

And I think it's around the same time that I may do,

but I'd love to do that.

I really would.

It'd be cool as hell to do that.

So I'm going to definitely follow up after after this

whole thing.

And because I was on the website earlier now

that you mentioned it.

So it sounds like a really cool event.

Oh, what's your exposure to actual snow?

Just out of curiosity.

It's limited, but the guy I'm bringing with me,

my friend Joe, he grew up in the Northeast.

So, you know, I was looking for a co-driver.

So the perfect co-driver would be grew up in snow,

like is a good passenger, good driver and has mechanical know-how.

He's got not the mechanical know-how, but he spends so much

cubic dollars at Jerry Woods, which is a premier shop that

I've been on rallies with him on a Sunday.

He's got them on a hot phone.

Like they answer his call.

You know what Paulie Market is?

What's it?

If you guys heard Paulie Market, you guys check it out.

Basically, it's a site where you can go and place little

tiny bets on whether it's like gambling, but it's gambling

on all kinds of normal things.

Well, you know, how many times will Elon Musk, you know,

tweet today, things like that, right?

So we should start a Paulie Market as to whether or not

Paul's actually going to make it through that experience

because Paul, here's the thing.

I grew up in snow in Ohio, but Montana snow is not normal.

And I know you've driven up in that part of the world off,

you know, when it's not snowy out and I'm going to give

you a little something that might break your heart a bit.

You remember those big fricking poles that you say,

what the hell?

They have these rando poles that go out.

That's how high the snow gets.

Okay.

This exactly.

So you could very well.

Okay.

Just be ready.

It's all I'm saying.

So I've been consulting with Jeff Swart.

The roads we're taking are going to be.

There's a lot of spectators expected.

So they're going to be clearing the roads.

I am setting up my 944 talking to the 944.

There's a whole community 944 rally guys that go snow racing.

So I'm setting up with real ice snow tires.

I'll have chains.

Even Jeff Swart said, and he's been up there.

The snow in Aspen is far worse and he uses his 9-11s with

just ice, you know, like Michelin Blizzaks or the

Pirellis.

I'm trying to Pirellis does sponsor that car.

I'm trying to get a set of Pirellis snow tires for it.

I'll have an extra.

The walking sticks I have, I've already have the modification

turns them into kind of like ski poles with carbine tips.

So I could walk.

You're right.

I'm I have driven in snow up in the mountains.

And then this winter as there's more snow.

I'm going to with those tires do practice driving up

there more and more and practice walking.

And how does the parking lots or something?

Like what do you mean?

Yeah, like in the turnouts.

Well, the turnouts fill with snow all the time.

And then the road has snow and ice.

I've driven up there.

It's great.

I believe it or not of my cars.

My 928 is probably the best in the snow and ice.

It's really heavy.

Thirty thirty one hundred pounds.

Not that heavy, but it's just it's just stable.

So yeah, I'm.

It's going to be hard.

When I mention this to my physical therapists, they look

at me like I'm nuts.

Everyone thinks I'm nuts.

I mean, like, who knows?

Maybe I make it.

Maybe I don't.

I'll make it.

No, just doing us the adventure.

I mean, hell, just having been up.

But if you've never have you ever spent time in Montana,

like during the, you know, anytime.

Well, we have.

We just Julie and I used to drive there.

Um, I won't bore you with details, but you got to

see the stars in Montana.

This when you the first time you actually have you ever seen

the bend in the solar system, like when looking up the sky,

you could actually see the bend in the milky.

Um, Josh, Joshua tree.

I've seen that.

Okay, exactly.

I saw that there as well.

Montana, it's, um, there's zero pollution and you're higher

up.

And so the, the clarity of the stars and the colors that

if that in itself will be the reason to that'll be great

experience.

If you just get to see that or the northern lights, you

know, that's what I'm hoping for is the northern

lights that that is on my bucket list of life things to

do.

Julie wants to go to Finland to see the northern lights.

I mean, you're going to Alaska.

Alaska will do it.

All right.

Yeah.

I have all these excuses, but I'm running out of excuses.

There's yeah.

Anyway, that's a different conversation.

Uh, so I'll go ahead.

What should, shouldn't you not be able to pull some

strings as, as one of the, uh, hosts of full throttle

talk, Paul, to, to get some kind of press access or

something.

I am in there.

I'm doing everything possible to try to do that.

Um, make some calls later as well.

Yeah.

And, uh, if you, if they like the full throttle team to

be there to report live on the action, you know, we'll

have a car.

We can, we'll, I'll be there and we'll be ready to go.

Yeah.

We'll put full throttle stickers on the big ones on

the hood.

Now dude, I move, I move.

Jules and I, we moved to Puerto Rico.

We actually moved out of Ohio 17, 18 years ago.

So we'd never have to live through another winter

and I ain't going back.

I had enough of that growing up.

I'm not struggling yet.

I'm good with that.

So yeah, I mean, I grew up in Syracuse, New York.

So you're talking about snow, baby.

I know snow.

Yeah.

I grew up in, uh, Orange County, California.

Oh, do I know he had a different, he had a different

kind of snow, 80 snow, you know, but I, you know,

I remember when, uh, I first started driving and

my first, one of my, my second car I got was

an 87 Integra, Acura Integra nil.

And my dad and I went up to the mountains in Big Bear

when it was a snowstorm.

He was going to teach me how to drive in the snow

and we found open parking lots of the iced over

and I got to do a lot of drifting and stuff as it,

you know, I was 17 or 18.

No, no, I was 18.

And I remember we were coming down the hill

and the car just, just died.

You know, what we think ultimately that was

is a block of like a chunk of ice got caught in

the clutch and it stalled the car

and we kind of drifted over the side.

And I remember it's snowing

and it's filling up the bur, the side to the door.

And my dad and I are seriously looking at the gas tank

going, how long can we run the heater?

How long will we be here?

Oh, yeah.

And stranded in the mountains of California.

Yeah.

It was out, you know, Big Bear is 8000 feet

and it does get snow.

And I remember, oh, heck yeah.

Um, and this was my dad's okay.

Just, just, we started just inside the car

popping the clutch, like turn the car on, have it

idling in gear and just let the clutch out.

And we did that and it rocked and rocked

and whatever was stuck in the thing loosened up

and we drove home, but I would say once a year

I drive up to the mountains in the snow and ice

and, you know, hopefully

No, man, it's good.

I'm glad you're, it's for you this year.

Having that as your in cap for the year

after the year you've had with challenges

is miraculous.

And if you don't mind, maybe you could write

an article about this and we put it in the newsletter

because like Dave, I'm sure there's a lot of the people

that love to do this rally as well and just want more

information.

So if you could turn something out, that'd be great.

Dave, I love the wide body G body behind you.

So tell us about that.

What'd you do in cars this week?

Well, this, this was, this was my week in cars.

We're getting to the finish line here on this.

Uh, this is an 85 M 491 Targa, which in and of itself

makes it somewhat, you know, reasonably rare car.

I mean, maybe 60 of them or something along those lines

were made and imported to the U S obviously guards read,

but this car I bought back at the beginning of the year

and it kind of harkens back to our conversation

from last week where, you know, we had our listener

Matt who asked us questions about how do you,

you know, keep these cars from, you know, creeping

into your own collection and candidly, I think

this one may creep into mine for a while.

So, uh, I bought the car.

The long story here is the guy who sold this car

originally didn't realize it was a real M 491.

He thought it had been a wide bodied, um, just a standard

new body, somebody wide body, but it turned out

after we did some research on it.

And I went and got the, now you can't see it

because this is black, but the Porsche hard act

specification sheet, right?

That shows the build sheet on the VIN number

and so on that we went back and over the last

eight or 10 months or so, we've been bringing

this car back, but it got a full paint job.

We took the wheels, this car had originally been

delivered with these light gold wheels on it,

which, you know, somebody had turned them into,

let me get out of the way there, but I sent those

off to, uh, uh, restore in Orange County and

they turned them back into the light gold, which

I think looks really interesting on this car.

Wait, wait, wait, they were, they were

ordered that way with the gold wheels.

This, yeah, this was the way the car was

delivered.

Wow, that's a US car or gray market?

No, it's a US car, huh?

But here's a weird thing, like red with these

frosted gold wheels is a current thing.

Like you see GT3RS's, you've seen them

ordered with that frosted gold.

Yeah.

That is weird for the 80s.

Like that must have been such a weird thing.

And then the sports seats that are in the car

had black piping on them.

So we recolored their sports seats and it had,

I don't have good pictures of those

because we got them all wrapped up still,

but, um, but it's a neat piece.

Somebody along the way, so I'll get

your opinion or I want your opinion on this

guys, somebody along the way had taken the

deck lid off this car.

Leave it straight up, straight up deck lid on it.

No way.

You, do you have, do you have the wing?

Do you have the wing?

I don't.

Don't have the original wing.

So should I source one and put it back on?

No, no, the way it is.

I would leave it the way it is.

Maybe in this, in the wings source one

that you're ready to pull the trigger on.

Yeah.

I mean, first of all, first of all, what do

you, what you're planning on keeping this car ish?

I'll keep it for, you know, how it goes, Paul.

You know, you roll it in, you drive it for a little

while, you enjoy it, you get bored of it.

Okay.

It's time for sale.

So that's kind of the idea.

I wouldn't, if you had the turbo wing, great.

I would right now just enjoy it.

And if a turbo wing falls into your lap on another,

like maybe a turbo wing comes on a car

that shouldn't have it, you know, then you

just put that aside.

And then when you go to sell it, say,

because you and I know the turbo, if you have

a turbo wing car already, when you take the

turbo wing off, you have to do paint on the

decklid.

But if you want to put it on, you just take

that grill off and now you drill holes in

the decklid.

You know, Tim, you don't have to buy a whole

new decklid.

You just buy the wing.

So I'm going to give you guys some car trivia.

Could you buy, ready for this, a 930 turbo

in the US trick question without a rear wing?

Yes.

I want to say it's an M570 package.

Somebody listening is going to correct me when

I give the answer.

If I get it wrong.

I think there was a certainly an option code for

wing delete on the M491.

I remember that and it was a five-something.

I don't know that I'm thinking about that.

I don't think you can for the 930 because

I don't think Orchard likes the idea of

fitting the intercooler.

You could get the intercooler underneath the

on a sorry, sorry on a on a 76, 77 and older one.

A non-intercooled 930 you could order it without a decklid.

Listen, in the 80s, you could and I know this

because I had a friend when we lived in Columbus

that had two or three of them.

You could actually order a 930 without the

rear wing in Germany.

Well, where do they put?

How did they fit the intercooler?

I'm trying to remember he he showed me he

had to replace the intercooler.

I don't think I don't think I was in the grill.

I don't remember where it was.

You guys look it up.

I'll pull out my the red book.

If you're a 911 guy, this is a one of the

well, the few things I still use an analog research

because they just, you know, the AI does not

bastardize the results to hear what I want to hear.

But something else that's cool about your car is

that fact that it's guards red and guards red,

you know, ask Paul for a long time, people

might want a red Porsche, kind of like my reaction

to block ones, but now guards red being an

optional color on the new ones is really coming

back and people like guards red again.

Isn't that hilarious?

And what a beautiful, what a beautiful color to

we have.

I think I've got six of them in the shop right now.

All guards are at six guards red cars.

You can see in the background this car.

I could see the target in the background and

there's something way red.

There's two targets, both red.

Actually driving to the shop yesterday, I look

at my rear view mirror and I thought of you,

Dave, it was and it was a new GT3 RS like yours.

Guards red, which you never see.

It had the wheels kind of like your M 491.

The gold wheels and the graphics, but he did

the baller move.

I know it was a vice sock package, but the hood

was painted.

So it looked so imagine the hood all red.

Oh, yeah, it looks so good.

And I was seeking, man, you take the graphics

off the car, you paint the wheel silver.

That would be like, you never see GT2 RS's or very

how many 992s period you see in guards red.

And I think down the road, that could be the hot color.

Yeah, for sure, especially since it's an all new

color for the younger generation who are kind

of setting the trend for what's cool of the new cars.

So in cars this week, I ordered one of these.

That is cool as hell.

Yeah, that is so cool.

That's rad.

And you know who won me to order it?

Zoe, because I had one, not like that.

I had one that wasn't as cool.

And so what we're looking at is a Bachman and it's

based on a Honda.

I forget what CC.

It doesn't matter about a Honda chassis.

It's an all electric e-bike.

It comes in e-bike, moped and full on motorcycle.

It's all the same chassis and frankly, the only

difference is as whether or not you have the

top speed limited, but isn't that beautiful?

And that's exactly what ours is going to look

like.

Actually, we're getting a different seat, but

that's the gist of it.

So that's supposed to arrive before Christmas.

If any of you guys are interested, if any of

you are interested in one of these, let me know

and I'll hook you up and share with you what I

learned, frankly, when I was going through the

order process, but that's it.

So it's like a basically motorcycle chassis,

motorcycle brakes, motorcycle suspension, everything's

all the touch points or motorcycle quality.

Whereas a lot of the other e-bikes, especially

the ones made in China, they're not.

And that's one of the reasons I got rid of

our original one is because this all the crap

would fall off.

It was annoying, but these things are quite

beautiful.

And I think it looks really cool too.

Doesn't it?

Let's say this very cool looking.

What's the range?

What's how much range on that, Tim?

I'm sorry.

Yeah, range of speed.

I don't really know, frankly.

I mean, I just thought it looked cool enough to

get around the island there.

That's what I'm saying.

Around your neighborhood.

One lap around the island.

It's set up for that.

Well, I'm not going to take it outside of our

community for sure.

So this is Steve McQueen's.

All right, let's try him.

Yeah, his triumph.

Yeah.

So you get the idea of it.

He was really obviously into, he's before

my generation, but yeah.

Anyway, so there you go.

That's that's why I did.

And because it was Thanksgiving, we were able

to take the 296 out here in Puerto Rico.

The temperatures are perfect there in the 70s

during the day.

We took the top down and we were, we did a,

believe it or not, in San Juan, there's a

Ferrari Bentley Lamborghini, enormous Porsche

dealership, you know, everything you can

imagine is all down San Juan.

So Julie and I, you know, with virtually

no other cars in the road went down and did a

Puerto Rican car guy tour, which we had

a lot of fun doing.

It was great.

And do you have, do you have like mountain

or twisty roads or, or like, what is the

dynamic driving?

So if you look at Puerto Rico, it's

chased, you know, shaped like a kidney

basically, and in the center is an old

volcano.

And so you, there actually is a mountain

road.

I've only done part of it.

I haven't done the whole thing.

Mine, all of our friends with Porsches

because there's a ton of really nice

Porsches here.

They do drive up and they call it the

Puerto Rican Alps because as you drive

up, the temperature starts to drop and

there's little restaurants on the way

up and the roads going up that are

really supposedly technical.

But the higher you go up, the worse

the roads are.

Like worse mean that rocky.

Yeah.

Rocky and the edges are gone and things

like that.

And sometimes if you're caught behind

somebody driving really slow, the

usual scenario like you run into

everywhere, you know, when you go

driving, but yeah.

So that's the, as far as Puerto

Rican drives, there's not, it's

not like living in North Carolina

around tailed the dragon or, you

know, the fire roads in California

and things like that.

It's nowhere near the same.

But still, it's, we had a great time.

It was fun.

All right.

So guys, let's move on.

All right.

So I can't believe that was segment

one automotive news.

I'll go through mine really quick.

And it's not much really to talk

about other than the fact I thought

this was interesting.

Ford is now selling their used cars

on Amazon discuss.

I mean, is it is it delivery tomorrow?

But if you wait for two days,

you get like 50 bucks off your

groceries.

I don't know.

If you put it on your, if you put

it on a credit card, do you get

like some, you know, points in

your credit card?

I, but I thought, so they're not

new cars because I'm sure they have

franchise laws they had to dance

around, but used cars and the

dealers can choose whether or not

they want to participate in the

Amazon, Ford, Amazon store

if they want to.

But I thought, is this the way

of the future where people are

going to be able to buy cars

online completely?

They're doing it now, right?

I mean, it's sort of car max

and it's Carvana and it's all

that sort of stuff.

Here's the thing is, is Ford

selling these or are dealers

selling?

Because I didn't think Ford as a

manufacturer was allowed in the

US to sell new or used.

I thought it had to come from a

dealership network.

I think that's the workaround,

but technically they're going

through Amazon.

So the deal is the reseller.

There are they becoming.

So here's the question.

If Amazon is acting as the

dealer in a sense.

First of all, where's Ford

getting the cars?

Are they buying them back from

the dealer?

And second of all, is Amazon

becoming a licensed dealer in

every state that they're

operating, which is I assume

they want to sell them in all

50 states or at least 49.

I don't know.

I don't know the answers to

the questions, but I do think

it's interesting because it

could create a whole new

marketplace for, you know,

I don't know if I would ever

personally feel comfortable

buying a car that way,

especially a used one.

I certainly would a new one.

What difference does it make?

Those are kind of commodity

type things.

I mean, what's the difference

between buying that on or like

an eBay classified or a

Craigslist listing?

I mean, you see the ad.

Maybe you go look at the car.

I'm reading the press release

here right now.

And basically it sounds like

you it's the local dealers

still the guy in the mix.

And it's just using Amazon

to facilitate the transaction.

That's more sense.

I mean, yeah, it's just

another centralized.

It's kind of like think

of it as a centralized

place for all these four used

car dealers or centralizing

their inventory.

And so you can look in.

Well, so let me let me tell you

the reason I thought this

was specifically interesting

because my normal job

obviously is in the real estate

space.

And there was it was probably

about 15 years ago that.

I can't some.

I mean, we had to sign

non-disclosures.

So I won't get very

specific information.

But Amazon had played round

with getting into the

residential real estate

business and nobody really

knew about it.

It was a top secret

and the whole thing.

And long story short,

they have a platform.

They have the eyeballs.

They have the audience.

I wonder if they could create

their own bring a trailer.

And so when I saw this,

that's where my mind went.

Would this Amazon would be

the perfect gateway drug

again, because they already have

the audience and the eyeballs

and the trust, frankly,

to to be the ultimate

online auction site.

That's my that that was

the reason I specifically

thought the story was

interesting.

I know, I think that makes

sense.

It would be like the bring

a trailer for not the car

people, the people who are

shopping for like right now,

my sister shopping for a regular

car and she's going back

and forth looking at Kia and

Hyundai and Mazda and just the

kind of cars that normal

people buy as a commuter

and they don't understand

our world.

And if they could go to an

Amazon, I mean, there's

true car, which is sort of

kind of like that.

True car out here is a bunch

of dealers putting the

inventory together and true

cars trying to act as this

liaison, right?

Easy to get the models

proven.

Paul, I'm not saying that.

What I'm saying is nobody

at the size of Amazon has

ever done it before, right?

That's the difference.

You know, so I mean, who

so my I think the dealers

shouldn't be afraid.

They got another avenue

to reach people like it.

I don't know the downside

except for Amazon becoming

just this.

I'll tell you the downside

is this is what happens.

Okay.

So what's going they're

not going to try to make

any margin on the cars.

They might even lose

money in the cars.

They're going to try to

make money on the back end.

What, you know, essentially

they're the big dealer model.

That's where and that's where

the local dealers are going

to care because they're not

going to be able to compete.

Again, it's like the large

franchise like automation.

What if, for example,

Amazon goes to so I used

to coach the number of

Mercedes Benz salesperson

in the world and he was

working at Fletcher Jones

and he had a deal worked

out where he could sell

his Mercedes to his clients

for around 300 to $1000

less than anybody else could.

So no one could ever touch

his prices and the dealership

was losing money on every car

he sold, but they're making

it up on the back end

because they get all the

whole backs and they get

all the other things

and because he was selling

so many freaking cars.

He could go in there

and make whatever deal

he wanted with, you know,

Fletcher Jones and they

complied.

So ultimately and you look

at, for example,

the Costco model,

where's Costco make their

money?

You guys know where Costco

makes it make their money?

Real estate owning

the property.

Well, that's close.

Chickens, right?

Hot dogs, right?

No, they make it off

memberships.

If you look at their,

if you look at their,

their, you know,

financial statements,

it's the annual membership

where they make most of

their profit.

And that's the reason

they don't give a crap

whether or not they make

margins on all the products

and they can undercut

the nearest producer.

So if you're selling

fucking chickens, right?

And you're competing

with Costco.

You're screwed

because Costco can go

in there, buy the chickens

for less than you can

because they can buy a lot

more and they can sell them

and lose money on them.

And it's so that's what

I think of the dealer

was really thinking big

that that would be

necessarily not loving

an idea of Amazon

going down that road.

Unless it allows

that small dealer

to finally have

a bigger footprint,

like you look at

bring a trailer.

There are,

there are small guys

out there

that suddenly had a platform

that they can be,

they can have the facade

of a big,

you know,

like a can of a kind of place

and there's still

a small mom and pop.

I get it.

I mean,

look, look what like

Casey's doing

and you guys

to a certain extent,

but really,

Casey's trying to be an

or trying to be a

bring a trailer,

you know,

area rep or whatever

the title is

that's actually

a really freaking

brilliant,

you know,

business model.

You don't,

as a seller,

you normally don't pay

anything on bring a trailer

in case you guys

didn't know that.

So what these guys

are doing like

Casey is they'll

come get the car.

They clean it up.

They prep it.

They deal with

all the Mickey Mouse.

You don't have to do

shit and they charge

usually around 10%.

So,

you know,

there's a 10%

you're gonna have to pay

the buyer pays

bring a trailer.

I think it's up to

five grand.

Five per 5%

up to 7,500

cap.

Yeah,

they just bumped

it to 7,500

this year.

Can you guys think

in our lifetimes

the cooler bring a trailer

is got to be

the smarter

that everyone made

fun of.

What you remember

Laguna Seca

when they had that

crappy little card

table and they had

a little bring

trailer sign

to everyone's

like what the hell

I remember

and Randy's

giving out

like ear things.

Exactly.

And to do just

staying there

covered with

Dustin,

you know,

like they got

the worst place

to ever set anything

and then they

sold it to

who'd they,

who'd they sell

that to

Hearst

Hearst was a

Hearst publishing

for like no one

knows for sure

but it was hundreds

of millions

of dollars.

Yeah.

I mean,

that's

and people

at in my

business

when I

I'm

fortunate

and thankful.

I don't

have to rely

on bring a trailer.

I know

that there are

businesses

built

where literally

if bring

a trailer

turned off

the lights

tomorrow

or change

their model.

They could be

kind of screwed

and it's the same

as the YouTube

model.

You know

the YouTuber

influencers

out there.

They're

watching YouTube

change the algorithm.

They've got

you kind of

by the

proverbial balls

dillo's doing that

for real estate people.

So I'll

really

I mean,

since

since we

I'll tell you guys this

you won't

freaking believe it.

So when you

so when you

go to Zillow

and you're

looking at

house for sale

and you say

click the contact

agent button.

You're not

contacting

the listing agent.

You're

contacting

to an

agent

who's

paying for

those leads.

That's

the way it

works

and now

they're

getting sued

under

they're

getting sued

six different ways

and one of

which is under

a Rico

statute

saying

of fooling

out

I could hear

racketeering

holy crap

racketeering

well anyway

because they're

trying to steer

I don't

I don't even

talk out of

church here

because I'm

not an expert

on all of this

though I am

going to get

someone on our

other podcast

that is

and talk

about all of it

but I digress

here's

what's

fascinating

is those

agents pay

a 45%

referral fee

back to

Zillow

for that

sale

so someone

ends up

buying a

$300,000

house

and let's

say

there's a

$9,000

commission

before the broke

before

this come out

they're paying

it 40 to

45%

back to

Zillow

for just having

connected them

with that

buyer

now

if that

that

when they

start

mafia

when they

start doing

that

when they

started doing

that

this was back

in 2007

2008

selling

buyer leads

they were charging

20 to

25%

which is

the normal

in the real

estate industry

for referral fee

and what

happened is

all these

brokerages

and these

teams

have started

to form

and their

entire business model

to your

point Paul

has been

predicated

on buying

these buyer leads

so they don't

generate

their own leads

and now what

Zillow has done

is just slowly

tighten the

noose

so

yeah

they're getting

rug pulled

that's

what's happening

and I

in case

and I've

talked a little bit

about this

I really

want to push

him

build

first of all

when you

have a

bring a trailer

account

it cracks

me up that

you

if you're

a business

like

Casey's

group

was a group

C curation

yeah

should be

your

handle

and every picture

should have

your license plate

frame

you should do

everything you

can

when you're

getting on

bring a trailer

to convert

those viewers

bring a trailer

right

build your network

because

at the end of the

day

you know

it took me

20 years

but like

the last 7 cars

we've sold

I didn't even

get on the

website

like

I got on the

website

as a courtesy

just to share

the information

and

you want to

build

a tight

network

of

people that

know your

business

so that

if

sure

bring a trailer

gets

sold off again

and go somewhere else

you don't

sit there going

where did all

my clients go

it's

it's something

that

again

I don't want to

talk about real estate

I do this podcast

so I don't

even have to

think about

freaking real estate

but it is

it is a section

of what book

Julie and I

wrote in

2019

it's called

don't build

your

mansion

on land

you don't

own

and that's

what we're

describing

so to your

point

Paul

I agree

and what

you just said

there which

I'm

I'm sorry

we're talking

business

but if you guys

are

in the

formation

phases

of

deciding

what you

want to do

professionally

you've got

to do

exactly what you

just said

and you've got

to form a newsletter

you've got

it

you know

generate the lead

keep the

branding consistent

and then

take them

and put them

in a newsletter

because

your email

list

more than anything

especially

now

is more valuable

and also

to what Paul

said

all the

Instagramming

and all

the social

media stuff

all that

stuff

is ubiquitous

especially

in this age

of AI

and I'm not

going to get started

anymore

because

I could

talk about

this for

three

hours straight

um

easily

I could

alright

so Paul

you are

talking

week I didn't even know

this existed

and as I

dug deeper

into it

I was like

this is

a

TV

minis

miniseries

this is a

Pablo

Escobar

level

what is

a number of

listeners

yeah

so

what we

have

here

is

a

2002

Mercedes

CLK

GTR

Roadster

they made

six of these

I think

they made

total

CLK

GTR

which is

the

road going

version

of the

late

90s

a

Lamar car

that

why

and then they made

road ones

and their

estimated

value is

13 million

dollars

well

what's

special

about this

and these

photos

were

literally

shared

intentionally

by the

FBI

these are

FBI

photos

and

it was

seized

from

a

alleged Canadian

Olympic

snowboarder

Ryan

Wedding

his last

name is

Wedding

who has

turned into

a drug

kingpin

now

I'm sorry

I don't

follow

the drug

kingpin

world

he's now

one of the

most

wanted people

on the FBI

list

and they say

50 million

yeah

they'll offer

50 million

I thought it was

15 million

but

it's

maybe you're right

I

maybe I

heard it

wrong

but

it's a

lot of money

I mean

the FBI

is saying

this guy

is

as bad

if not

worse

than Pablo

Escobar

I can't remember

the other

I'll

have

they call him

El Hefe

El Chapo

I mean

he has

it was funny

listening to a podcast

about

they talked about

how like there's this

at least

decorum

among

drug

kingpins

where they don't

kill

like

necessarily

innocent people

like

if they run across

innocent person

they don't

kill him

he does

I mean

he is

and you see him

he looks like

a Southern

California

what's up

brah

I mean

he looks

like

a surfer

snowboarder

dork

I'll probably get

now

I hit on

yeah

exactly

this story

is making

nervous

what you're saying

so

now you're

but here's a

he bought

this car

at least

his accountant

or the person

doing the

money laundering

I mean

in one hand

hey

we can

launder

13 million

dollars

like that

and by the way

stop for a second

let's talk about that

because that's actually

an interesting

topic

and I'm going to ask

you guys this

because I do

know people

have done this

in the past

do you guys

know people

that buy cars

never flip the titles

keep the titles

in the old

owners names

and just

essentially make it

so that the title

never transfers

to them

and then they can

pass the car

along

sell the car

make a profit

never after reported

you guys know

the people

have done that

yep

I've seen people

for sure

we get

we get cars

and I go

well

who's this

on the title

and they're like

what's the guy

I bought it from

I go

you bought it

from him

like five

years ago

like

what am I

supposed to

are they flipping

it

or are they

just being

lazy

I would say

they use

lazy

as the cover

for them

flipping it

and not

paying

the fees

now

with the whole

Montana

LLC

some of them

have smartly

put it

in the title

in their

LLC

which is better

than just

leaving it

in the title

but

some of it

are lazy

I would say

most of it

is

I'm going to

buy this car

I'll drive it

around

with

the plates

that are

on it

who cares

I barely

drive it

and then

I'll sell it

and I don't

have to pay

any peace

in California

it's getting

tough

to do that

so I've known

people

who have bought

vintage

Ferraris

in particular

in Europe

kept them

in Europe

never took

delivery

never brought

them

to the United States

and essentially

kept them

over there

for a year

or however long

and then

listed them

with the broker

never took title

to it

and that's

and people

have done that

for a long

period of time

and that

technically

is money

laundering

oh yeah

right

we were going down

the hardcore

money laundering

conversation

though

no guys

that are

buying these cars

and

yeah like

clearly

there's a couple

of dealers

around here

that I

truly wonder

about

where the hell

the source

of these

funds is

because

they've got

a

let me

know

a whole

bunch

of

very

high-dollar

cars

and I guarantee

they're not

all on

floor plans

yeah

so much

so here's a big

question about

this CLKGTR

they mentioned

the FBI mentioned

one thing

which

kind of just

hurt me inside

oh

maybe we'll

crush it

as an example

like

you remember

when the

yeah

you remember

when the

Land Rover

Defenders

were coming in

and then

maybe

Cooper's

and all that

Cooper

and they were

just crushing

I'm just

to prove

a point

okay

those are

20 30

$40,000

cars

that

there were

replacements

like

the

first of all

that would be

stupid

because

at the very

least

go put it

in auction

and take that

money

and go use it

for something

good

you know

I'm sure

that's what you're going to use to pay the reward

you're going to be the reward reward

but then

the other thought

was like

okay

can you imagine this

at like

a normal

police

auction

they're doing

like

you know

police cruisers

and all of a sudden

and the guys

like

oh

we have a Mercedes

it's a 2002

the blue book

values

13 million

right here

12

and

and then

if you buy this car

is that

like

is that a cool thing

hey

I had one of the

biggest

kingpin

drug

lords

who killed people

allegedly

and this is his

CLK

money laundering vehicle

you know

this is where

Casey

should have been

on today's

show

because he would

had the

perfect snarky

comment right now

you would

perfect

way to end

this segment

so we don't

have to hear

about this

anymore

because

I'm still

reeling

over the fact

that you

basically

probably just

pissed off

what

evidently

is one

of the most

sociopathic

drug dealers

in the world

Paul Kramer

said it

it wasn't

either

of

us

we're good

we

he could

join our

newsletter

and you

can

write an

article

and

repuddle

which

we would

how did

he find

this car

how did

he find

this car

exactly

did he

drive it

Dave

you had

something

cool

that I

didn't

even

know about

Oh

I did

see those

pictures

on Instagram

are

I

I think

this is really

you know

candidly

I think

this is

more

clickbait

than

anything

else

let's

talk about

this

the cms

design studio

using

996

style headlights

on a modern

991

and you're saying

it's a pretty

pretty good results

and so you're

putting up

that

I mean

I

look at it

I mean

again

and

I'm not

suggesting

here

here's another

picture with

the

two

side by

side

but

if you're

on

and

watching

on YouTube

here

you can

see this

but

you know

they took

a modern

992

and they

figured out

a way

at least

you know

through

graphics

and what

not

let me

get out of

the way

there

I mean

it looks

it was

especially with

those

dorky

wheels

that looks

a little

AI

generated

well it's totally

I generate

that's my

point

I don't

think

that's my

my point

about the

clickbait

here

is that

I

once I'd

really

dug into

this

I think

this is all

just

AI

generated

stuff

that they

did

but

I just thought

it was

interesting

that someone

would

pick this

up in

the

in the

car

world

and in

the car

press

and push

it out here

basically

just to

kind of

show

hey

you know

it's good

good news

for the

the 996

folks

because they're

looking at

that going

okay yeah

I can kind of

see that

as

that looks

like to

me though

more like

air intakes

right there

than it

does

like the

directionals

that are

normally there

on those

996

lights

I just

thought it was

kind of

cool

I thought

it was an

interesting

design

study

and

you know

it's got the

hollow

spoke

turbo

wheel

you're still

trying to

sell it

turbo twist

wheels

you're still

trying to

sell it

so

those

yeah

those wheels look

like

OZ

wheels from

the

80s

they

they do

it

but if you're going to

put air vents on the

front

and by the way

you know

look at

the gills

on the bottom

they have

enough

air

to cool

a large

house

but

if you're

going to

do air vents

up there

I'd rather

see

knack

of ducks

which are

I think

the best

coolest

looking

air vents

on

on a car

I like

knack of ducks

who doesn't

right

so

all right

let's

move on

so we're

going to

do a

pop

quiz and then

we're going to

get to

what I think

the heart

of today's show

will be

which is

rest of mods

to show some love

to your 912

fans

because there

was some badass

912

rest of mods

I'm

hopefully

you picked

one of those

up

all right

so here's

the pop

quiz question

and I thought

this one

specifically

for

I'll call him

Kramer

when I know

he's about to

bother me

so this

one

I thought

specifically

for Kramer

what supercar

is worth more

when it has

no stripes

which were

a high

dollar option

when new

which cars

worth more

with no

stripes

that was

this

let's called

a supercar

it's a modern

classic

that's been on here

now

then

even though

the stripes

were

high dollar

option

originally

okay

so

for those

who know me

and if

I don't

have my friend

Kip

is listening

because

he knows

that

I have

among many

things

I hate

stripes

on cars

it

it has to be

so right

like

it's very

it's

one of

things

hard to

describe

it's either

99

times

it's

it's wrong

but my

guess

is

a four

GT

generation

for

GT

everyone

in the beginning

you had to order

the four

options

which

was stripes

the wheels

the

Macintosh

stereo

and

I'm going to kill

myself

I can't remember

the fourth

option

but now

everyone

ordered

all four

options

believe

it or not

the value

ones

are no

stripes

and the

base

wheels

we sold

a white

with

blue

stripe

for

GT

the guy

who

bought it

best Instagram

the Instagram

account

is called

Lamber

fucking

guine

and then

just quoting

the Instagram

he bought it

sent it

to

Michigan

to the

guy

who

was the

who

what's his

name

who

did the

design

that

the

young guy

who

did the

design

the

four

GT

he

has a shop

where

for special

customers

he's

redoing

the car

the way

he

originally

wanted to

do it

and

Ford

wouldn't

let him

because of

it

prices

were

getting out of

control

it

he painted it

completely

stripped it

painted it

all

white

base

wheels

some

non-functional

events

made functional

and I thought he

was nuts

and it looks

so good

as plain

white

I mean

it looks like

your

ally

are they

made of

metal

where

they made

out of

there

I think

some steel

and some

aluminum

I don't

know

for sure

I think so too

I don't think

it's all aluminum

no

not

all aluminum

but

I

that's my

guess

because

I think

now

when you see

your

factory

non-stripe

car

it probably

adds

25%

is that

your

answer

Dave

that though

without

I

I know

you guys

because I

saw the car

I think

you probably

I'm sure there's

there's probably

a very

very

that

without

the stupid

right

for

right

with the

stripes

and

nice job

slipping

and stupid

a

for eyes

with the

stripes

are definitely

worth more

especially

in the

special

series

cars

but it

is

fasting

because

it

really

so like

the

why is a touring

worth more

than a

GT3

same car

basically

but the touring

is worth

a shit

ton more

and I'm

really

shocked

with the

991.

0.

2

GT3

Tourings are doing now

in resale

300s

are you kidding me

people

what are you

thinking

sorry

maybe I shouldn't

have said that

but there you go

I agree

with I agree

with you on that

why

why why why why

explain to me

why

there's

almost a

$75,000

difference between

what

having a wing

and not

having a wing

and I wonder

if that's

going to carry

true

carry through

this is

this is for you

Paul

to the

new

Corvette

ZR1

X

which

are

which

has

you can get that

with no wings

nothing

50 horsepower

and I wonder

if the

plane

Jane

versus

Kim Kardashian

version

is ultimately

going to be

the more

desirable car

time will tell

no

won't

because the

the guys

who buy those

here we go

to scream

look what

I got

and they're

going to

they're going to

have to have

you know

all of the

stuff

they're

they're a different

buying group

than the

the G

you think

the GT3

buyer is

going to

go get

at a Corvette

because it

does everything

better

on paper

but in the

end they're not

so the same

new balance

jort

wearing

guys

going to

buy it

and order

all the

stupid

wings

and shit

even though

they

can order

that

so we'll

make a difference

it won't

do the

GT3

touring thing

do you have

an opinion

on this

Dave

they'll make it

more rare

maybe

but I don't

know how

the car stays

on the road

without all

the down

force

that that

wing

is going

to require

here

when you're

once you're

going

200 miles

an hour

do you guys

know

it's

going to

drive it

200 miles

an hour

none of

those buyers

are going to

drive it more than

55 to

the car

there's no place

to do it

other than

the track

and that's

1250

to the wheels

that's

not even

crank horsepower

which is incredible

and so the

zero

six

or the

zero one

with

1064

that's

you know

to the wheels

so what's that

actually producing

at the crank

oh

1200

who the hell

knows

it's

incredible

I

think

you know

I know

you guys

don't care

about

you're going to

have one

Tim

we know

we're just

waiting for

the color

choice

all that

you're going to

get one

but I'm not

I'm not going to

pay overage

and I'm not

in a rush

to get it

I don't have room

for it

to be honest

with you

I'm out of

space

but

as far as

it just

that's

it boggles

my mind

I have to

build another

barn

it boggles

my brain

to think

that

I watch something

on

one of these

YouTuber guys

I forget

which one

it was

Doug DeMiro

and Doug

was talking

maybe was

Doug

anyway

he was

yammering

on

about

how

essentially

brands

for younger people

don't mean

anything

like I saw that again

sorry to bring

in real estate

but I saw

nobody cares

what real

real estate

brand you're

with

that people

do business

with the individual

at the end

of the day

and that same

thing is going

to happen

it seems

to be happening

in cars

because

if all

the sudden

the Ferrari

USP

is of being

the fastest

and being

that this

isn't

the other things

and the same

goes through

with Porsche

like Porsche

as long as

they hang on

to the

the end of transmission

they're going

probably be good

but

I really do

think it's

we're

getting to this

point

where

all of the cars

are going to be so

similar

it's going

to come down

to just

I don't

I don't even

know how

you're going

to differentiate

it's

confusing

to me

I

I can't

make my

mind of it

that's

the reason

I think

ultimately

people are

going to

lean back

into the

old cars

that's

the reason

I think

you guys

are positioned

perfectly

because

they're going

to want

something

that's

unique

anyway

sorry for

rambling

you guys

have any

opinions

on that

No

I mean

I hope

you're right

I hope

you're right

I mean

I

mean I

that's older

tell me why

I wouldn't be

right

tell me

why

that premise

wouldn't be

right

other than

people some

most

most people

buying

nice cars

aren't

car people

they're just

doing it

for styling

and profiling

right

they don't

really

give a crap

about cars

and to

buy

an old car

you better

have some

tolerance

for old car

things

that's

the only reason

I can think

of why

that wouldn't

be right

I think

personally

what I

feel personally

as a rejection

I was just

offered

a new

Ferrari

849

Testarosa

and

you set aside

your personal

opinions

I'll put some

pictures

up

of what those

cars

look like

for those

of you guys

are

playing

on the

YouTubes

and

you know

maybe you

like it

maybe you

don't

like it

here's a

picture

okay

well

here's a

better

picture

so

I like the other

one better

okay

the other

picture better

are you

well here

you're like

the back

here's

I did

to actually

I think the

back looks

really cool

actually

but

so

that this car

all in

is going to cost

I could check

my tax

this very

texted

me offering it

to me

is going to be

somewhere

with options

probably close

to

seven hundred

thousand

dollars

I could think

of

so many other

things

I'd rather

own

now

well

and multiples

right

honestly

that's

from my

mind

or

yeah

like

I can

build

a garage

of

all of the cars

that I need

to own

I mean

there's a temptation

I still want

a Lamborghini

Countach

and that would

probably

take

almost all the

700

but

if I was

going to buy

one car

I'm an old

car guy

I'd want

a Countach

over the

new flavor

but

I would say

you're right

about

who

were buying

the new

stuff

like the

Ferrari

Testrosa

and some

of these other

brands

I would say

Porsche

buyers

new Porsche

buyers

especially

you know

the GT

product line

I would say

they're different

I say

they are

somewhat

enthusiasts

of course

they've got

their eye on

they think

that they're

their

day traders

they're

going to make

money on it

they're horribly

wrong

it's getting

tighter

and almost

impossible

to do

that

I mean

look at the

the ST

market

you know there's another

I get emails

from a brokers

that try to

spell

sell spots

and the last

email

I got from

this guy

says

there's

he's

able to

secure

any

new 9

11

position

at

no

overage

and even the

overages

on his

GT cars

his

has shrunk

dramatically

like it's

been

it's been

haved

yeah

I mean

so the people

buying

I think

Porsche

has always

been that

weird

unique thing

with new

buyers

I think

um

it is

a nostalgia

thing

a little bit

but it's also

new

Porsche

GT

market buyers

are more

enthusiasts

than

let's say

the

Ferrari

buyer

more

by this

much

honestly

more by

it's

and it's

narrowing

it's narrowing

narrowing

because the

G

like what

Dave's car

is

which is

honestly

I think

it's the

thing of a

cooler car

than a new

GT

3

RS

I mean

you know

for the money

at sticker

not for

what they

sell for

that's cars

ridiculous

for what

the value

you get

relatively

speaking

it's

phenomenal

cool car

that's that

and Dave

it's almost perfect

just should have

heard the hood

paint it

that was

no

I like

that

I

don't

know

gotta go

with the hood

I like

the hood

I can't

can't

you know

but the

if you're

putting it on

you got

to flaunt it

yeah

exactly

you're

right

but that car

is an

Instagram car

that's

the thing

and I think

Porsche is

going to start

leaning in

big time

to the Instagram

flashy colors

you know

fancy interior

types

because

that's

where the

money's at

so

any of that

let's

move on

I think

I got everything

didn't

not yes

right move on

Resto rods

for less than

500

grand

and then

we originally

started this

out

listeners and

viewers

by sending

Resto mods

for less than

250

grand

but there

actually

aren't that

very

not that

very

not that

many out there

I've turned my

vacuum off

the

thing I did

think was

fascinating

because I did

right

end up

writing

four articles

to the

newsletter

on this

doing it

different price

segments

of Resto mods

looking for

guys that

actually have

track records

of

not just

taking orders for them

but completing them

and delivering them

and then I was looking for

ones that

completed

delivered them

and then they had

to resale

track record

because

and I provided

all this

in the newsletter

so make

sure you guys

subscribe

but the number

of companies

that are

producing

not just

vaporware

Resto Mod 9

11's

worldwide

is extraordinary

yeah

there's a lot

it

I couldn't

believe it

it

there were

at least

20

that

it came up

with

I was using

AI

to search it

and then

I knew of some

others that

it didn't

know about

and then

I said

show me the

complete list

in the list

goes

that are advertising

making

Resto Mod

G-Bodies

in 964's

I mean

technically

Dave

at Sonder

works

you

you're

I'm one

you're one

I'm

low production

though

I'm

very low

volume

low

production

exclusive

very

good

exactly

I got to put

that on

the bumper

sticker

or something

there

exclusive

exactly

but

you know

I think

it's

the reason

for 9 11's

is because

when there's

a consom

there's

an appetite

for them

everyone wants

a singer

on a budget

to some degree

do something

that singer

won't do

and number

two

there

they're

such a great platform

they're

the same

frickin

car

for 35

years

and they

can do

all kinds

of stuff

outside of

the

997

back date

ones

we talked

about

a few

you know

episodes

ago

I don't

understand

that

but

yeah

and

Tim

to your point

I looked

at it

little

differently

which is

there

are ones

that

it's

kind of like

if

you're

gone to Costco

it's

of

restomans

where

it's the same

exact product

it just doesn't

have

the

Polo horse

or the

Gucci on the

on the collar

you mean

as far as the

rest or

be more

specific

what you're

saying

so

for instance

here's a

perfect example

this one

here's a

73

9 11

T

RS

tribute

it looks

like your

basic

RS

clone

and it's

it's not

a back date

it's a real

73

one of the tricks

I always

look for

you know

the

the first day

I look for

is

look at the

horn

in

Dave

knows this

assembling

these cars

look at the

horn

grill

to the

fender

to the

bumper

to the

hood

like

when I see it

like that

I'm like

okay

this was a

good build

that is

one of the

hardest things

to get

right

and you'll

see him

where they'll

be at this

sort of

goofy

angle

or like

that

you've seen him

Dave

because that

is a

dirt

that

is a

pain in the

ass to get

right

funky

because you

can't get the

the grill

sometimes to fit

correctly either

and you know

based on

if you're doing

a mod

on the fender

or not

you've got to

you know

work the

grill

even to get it

all the

fit

nicely

sometimes

so I

I see this

thing

I'm looking

through it

and I go

oh

look at the

interior

it's not

crazy

it's sort of

conservative

it looks

like an

older

build

and then

I look at the

engine

and I go

F me

like

and then

I look at the

build

guess who

built this

Jeff Gamroth

Rossport

who builds

Gunther work

engines

who builds

Emory engines

who

by the way

builds cars

and

this car

was built

in the

early

2000

that's a

3.8 liter

Motek

engine

it's

I think

it was

dynoed

at the wheels

325

horsepower

275

torque

in a car

that

probably

weighs

2400 pounds

2500 pounds

maybe less

I mean

and

it sold

recently

or no

sorry

it bid

to 203,000

it didn't

sell

I know why

but

it's signal

yellow

it doesn't

have

if this was

built to

an

RSR

body

which

I kind of

don't

like

I like

this

RS

body

if it's

built an

RSR

body

I think

it would have sold

for 250

I think

he wants

250

for it

but my point

being is

this is

buying

a name

brand

that doesn't

have the name

on the

shirt pocket

and you're

getting the same thing

for a fraction

of the price

so that's

kind of like

my Kirkland

brand

take

and I love

the interior

lets that down

that's why

that didn't

go

the interior

lets it down

it's just

two-blane

Jane

and it was

but this car

was built

in like

2002

like

this is how

we were

building hot rods

then

I mean

that's obviously

the way

the car

might have come

in terms

of the

RSR

cards

and

you know

it looks

like

I can't

really tell

because you're

in front

of it

but it looks

like

they're

kind of a

copy of

it's got

the GTS

you know

basic seeds

it's got

yeah

964

RSA

door panels

which was really

common in the early

2000s

well

so let's

pause here

so

we're talking

about

resto rods

right

this is the thing

like

you don't

have to

spend a million

dollars

look

what Paul

just found

for less

than 250

but

if

if you're

spending

you guys

just be

just

you know

it

you're

you got

250,000

as your budget

whatever

which is still

like

when did that

not become

a lot of

money

by the way

hello

right

I mean seriously

this is insane

anyway

over a newer car

would you

honestly

what

well

all day long

me

I'm not a new

what do you say

newer car

though

what do you mean

like

would you buy that

Paul

you can't

contribute in this

question

would you buy

that

over

because

I know

you're

going to say

would you buy

that over

GT

for

rs

what else

do I have

in my collection

no

that

or

GT

for

rs

no

that's

a good

question too

but

let's assume

that

you're just

thing

the same cars

they're basically

you can get a

GT

for

s

for like

less than

200

grand now

like

185

90

grand

that is

a bad

ass car

so that

or

GT

for

rs

and if

it was

the only

car

I could

buy

and

then

I would

buy the

GT

for

rs

same

Paul

you're still

not

participating

and if

Casey

was here

being

Casey

would be

on the

same

team

and I appreciate

the new car

I was

trying to

as you're

asking this

I was

trying to

think of

okay

what

new car

would

would give

me

pause

you know

Porsche

a 911

r

but the

problem is

that's

even

my neighbors

got a

650

I know

my neighbors

got

getting ready

to sell

his

911

r

the first

one to

the US

GT

silver

with all

you know

this

the right

seats

and the

single

mass clutch

he

bought it

with

under

a thousand

miles

he's got

20,000

miles on it

now

and even

that car

which

911

r

I'm guessing

will probably

be somewhere

around

five

right

so

let's

let's take

a half

step back

and let's

talk

about

so

that car

for

225

let's

just say

a

GT

for

RS

for

225

let's say

and

so

if you

present

this to

a hundred

people

who are

just

trying to

spend

225

grand

on a

fun

sports

car

and then

the third

car

oh yes

Paul

is a

Corvette

ZR1

X

or Corvette

ZR1

those are your three

options

to choose one

here's what I'll suggest

if you ask

goodbye

I'm

just doing it

to torture you

you know that

if

if you ask that

a hundred

people

if they had to

choose between

those three

cars

and listeners

and viewers

think of the same

question yourself

if your only

sports car

your daily

is all squared

away

your

kid all your

dog

hard

note

this is it

it's just

for that

one thing

you're going

to grab the key

sport

what would

you choose

and why

they're all going

to choose

the GT for

RS

yeah

just because

it's not that

it's not a great

car

don't get me

wrong

it's just

that it's not

a great car

that I can

see myself

in

it might be

a fabulous car

it's just

doesn't appeal

to me

aesthetically

doesn't appeal

to me

culturally

doesn't appeal

to me

as an

investment

piece

the

for

rs

isn't

probably going

to do

particularly

well

as an

investment

honestly

because

prices

on those

seem to be

coming down

pretty

quickly

right now

from

what I

can see

aside the

money thing

though

because I

agree

yeah

no

but I think the

for

rs

is just

a great

car

I mean

it's

it's a

wonderfully

balanced

great

driving

machine

very different

size

wise

it's not

as big

as

the

Corvette

and

and the

vintage

car

it's

my

only

car

if it's

my

only

sports car

I got a

I mean

I'd love to

have the

vintage

car

of course

but if

if the

rules

here

are only

sports car

definitely

for

rs

and here's

the thing

is

I think

if you ask

100 people

that weren't

so

embroiled

in

embroidered

into the

car

world

like

we are

just

average

people

no

one

aspires

to own

a Corvette

in the

sense

that

you're

so

wrong

I mean

maybe a vintage

Corvette

but I think

some percentage

of our audience

is

I think

it's not just

my hatred

of the

cars

and I

you know

my fun

hatred

I like

there are

some

car

Max

he's a

Corvette guy

I like

Max

and I like

his Corvettes

but the

point is

if you ask

100 car

people

you know

would you

rather have

this

old Porsche

the

GT

for

RS

or the

new

Corvette

super

whatever

they're

going to

choose

one or

two of the

Porsches

because

it's

that is

an

aspirational

goal

like

you don't

go like

I work

my whole life

to get

a Corvette

like a

Porsche

and if

and by the way

if you

added

a Ferrari

to the

mix

the Ferrari

would

no matter

which

Ferrari

would be

the one

that

those hundred

non-car

people

in times

shit

on

Ferrari

owners

but

for

owners

do not

shit

on

Porsche

owners

do you

know

this

is

true

there's

are

well

but it's

true

I mean

Port

we didn't

say

they were

dumb

they just

had

bad taste

for

for a

people

have

no

problems

with

Porsches

ever

I know

what

most of

my

because they

own them

exactly

they

own them

yeah

that's their

daily

you know

that's their

beater

drive

beater

yeah

but

but Porsche

people will

treat it like

they're part of

a cult

cause they are

and they will

say

how

every Porsche

is the

worst thing

ever

and so

you're just

basically

you're a head

kumball

in the Porsche

cult

that's

the bottom

line

that's

right

just come in

grab your

pair of

nikes

and drink

the Kool-Aid

I bet

I would

bet though

Paul

if you looked

at the entire

country

right

of

car

people

that are

even remotely

car

people

that there

are more

people

across America

and I'm not

talking about

on the

coasts

and all that

so I'm talking about

in middle

America

you're

liberal

Bastion

the liberal

Bastions

where you

live

and breathe

they're

choosing the

Corvette

I agree

there are

plenty of

Corvette

people

that would

that's

the car

they've

wanted

their

whole life

do

want

that

Corvette

you just

have

or is it

an F-150

or a

Dooley

bro

you just

haven't got that

already

they have

that already

you know

having

having spent

a lot of time

in Southern

California

I can

tell you

that they're deaf

all those

biases

that he

reflects

are definitely real

they're tangible

but soon

as you go

to Dave's

point

anywhere else

in the country

it doesn't

it isn't like

that

like

it just

isn't

people are

honestly

they're

more open-minded

to different

types of

things

Automotively

and they're

not

they're

less

bias

almost

less

snobby

I would

that's been

my own

personal

experience

boy

I just

slipped a

whole bunch

of insults

in on

Paul

he didn't

catch

any of them

right

Paul

you didn't

you had a

cool

no

he'll

get me back

watch

all right

you

but what happened

you're

914

GT

tribute

that was

kind of cool

you

so

so this

was

this was

kind of

another idea

and

this is

part of the

people

aging out

914

are cool

I've

owned them

they're

great to drive

they're

amazing cars

but

it's

sort of

kind of

like

aging out

and

some of the

hot rods

I think

there's

some good

buys here

so this

was a

914

GT

tribute

it's

like an

RSR

911

version of this

of a

914

it started

life is a

73

it

it looks

tangerine

which I think

would have been cool

I think it's

actually red

and they

colored it

to make it

look tangerine

I'm not a

fan of the

Corvette

style

triple round

our

the

tail lights

on the 914

look cool

these

don't these

look like

I don't

know what they look like

they look like

911

lights

they are

but the

three of them

is too much

and then a

white one

they look like

like

me

when you have

your little

kids Lego

and you're putting

like a Lego

tail light on

egg

just

a little

in there

little peg in there

but besides that

this car had

a 3.2 liter

EFI motor

and

it

I mean look

underneath the car

I mean that is

beautiful

it was beautiful

this was a

I mean we're talking

inside

restraint

not crazy

stupid seats

the original

style seats

it's just

a good looking car

I love

you know do you guys

know why

the bumper

is painted

like that

the front view

has a

bumper

that's

half-golf

blue

and half-black

I had no idea

I thought

that was like

lighting

or something

I didn't realize

on that

no

it's a story

do you know

what that is

Tim

I'm going to keep

my ignorance

to myself

and they should

have

and they should

have done the back

so the idea

was back

when these

were racing

in Le Mans

and GT 914

GTs

want

not only race

but one with

Hurley Haywood

they look the same

and so they would

have different

bumpers

to queue

which car

was out there

on the track

where they were

usually that you would

do the rear

like on a 911

the rear license plate

panel

would be

all one color

you see this back

to like the 73

RSRs

that were

Silver Martini

but they had the

green

or the

orange

almost neon

orange bumpers

so it's a bit

of a homage

to that

which is nerdy

now this car

hammered

no

reserve

not met

on bring

a trailer

for 40 grand

which is

a bargain

it's on the dealer's

website

for 90

my gut feeling

says

if they

get an offer

of 60 grand

they should take it

and run

and that is a

bad-ass car

that

I mean imagine that

and tail the dragon

and

and then

I was

fantastic

the 100%

that

are they

glass flares

or steel flares

I think they're

glass flares

but that's

how the factory

did it

the GT

the GT body kits

were fiberglass

I'm like

Jeff Schwartz

yellow car

that he's

own new

he bought

that car

was converted by

I think

new

because

that was such a

popular option

that

Porsche

couldn't

make

a bunch of

it was like

an M479

or whatever

it was an

option package

so Porsche

just said

to the dealers

here you go

here's all the parts

you build the car

and like

that's what

Jeff Schwartz is

I just think

that that

that flaring of

those fenders

on a 914

just changes

the

total

personality

of that car

in such a

positive way

and then you put

the six

in that thing

and that

I picked one too

Paul

I mean this

was one of

my two

and I don't

want to

skip ahead of

you

but this

is a car

that I

know of

this was car

was built

here in the

area

and

same

same basic

thing

this one's

a 75

I think

yeah

it's a 75

with the same

kind of

motor

I don't have

as many

pictures

as you

do

but

more

purpose

built for

racing

this thing

was

loud

as

get out

you could

not

really

drive this

car

with the builder

here

intended this

to be a

race

but this

car

sold

same kind

of scenario

though

it's

sold

it was

a no

reserve

car

and I think

it got

65

grand

so that's

that's

probably the

right

number

for the

orange

one

you got

there behind

you too

but I just

think

these are

cool as

heck

and I've

we've had

a couple

here

that we've

done

interior

work on

and

I definitely

want to have

one of

these in

my collection

at some point

for sure

and I think

the orange

one would

red

or whatever

crazy as you can

photo

at it

this looked

every picture

I found of it

on the

bring a trailer

ad

looked orange

and

you

and I

if you look

in the door jam

you could see

it's

it's a

weird different

shade

in that picture

and that's

when I started

digging in

I'm like

oh it's a

red car

which is

I think a shame

but

what I like

about this one

is it's

restrained

you got

a badass

motor

EFI

it's going to

make great

power

it's not going

it's going to

have a wide

power range

band

but the interior

looks usable

it's not

because that's the only

like Dave

that's the problem

with 914s

especially older builds

is they just

want to go

full race car

and no one's

tracking these cars

anymore

their Canyon

driving them

so yeah

and the great

who I

like Tim's car

there you go

sorry

have you guys

ever seen

one of these

at any

of the

you know

car events

that

the cam thing

I think

it's me

I forget

what country

it's made in

KAA

KAMM

what

I saw one of these

when we were at

Moda Miami

in

spring of this year

and it was

really badass

and like the

title

the whole car

was carbon fiber

I don't know

if any

that I'm sure

maybe the top

was

you know

steel

but

the whole thing

was CF

the including the

wheels

every damn thing

on it

was

and

it was really

well done

a couple

arts

and craftsy

things on it

that nothing

would dissuade me

if I was interested

in buying

one of those

but that car

and there

was

right now

globally

because

this is

I went down

this rabbit hole

the sake of

basically saving face

with all the 912

owners

who have come

to hate us

because of Paul

but they're

probably

three or

four

maybe

five guys

companies

around the world

that are making

these really

exceptional

912s

and

they're

what

the

460

was the

highest

price

I found

a lot of them

were less than

300,000

250,000

which

I don't know

they must

have

cheaper labor rates

we have

in the United States

I'm sure they do

but really

special looking cars

and a lot of fun

so as far

as like

what you can

get away with

I think

that's kind of

exceptional

and I

and we

I did write a lot

of

so cars if you guys are

interested in it

were you about

say Paul

well say

first of all

UK delivered

but

even the 912 guys

will

will agree with me

and

and Dave will too

they're using

75

76

912 ease

which have to be

truly

the redheaded

stepchild

of

totally 911

silhouette

body

forever

their great donor cars

to go

build this

the only downside is

you can't

register

easily

you can't

register at all

in California

but

I think they're bitching

and

they're

what

half price

of a

total

right

well

I mean

that one looks like

a short

wheelbase car

though

so that's

probably a

legit 912

in a

and this is too

bad case

he's not

what's the

motor

in a

Tim

what are they doing

is it

still a

four cylinder

motor

they're still

four cylinders

and I thought

that was interesting

too

but I

they

you know

talk

the usual

thing

you hear from

912 owners

less weight

faster

you know

the engines

more central

so it's more of

the mid engine

all the usual

things that

they say

which are all

true to some

extent

mm-hmm

that's Paul's

hill to die

on not mine

but yeah

you know

but

I thought

the one

amazing

the one

I agree

the one

plus

point

about

is they claim

it weighs

1,675 pounds

think about that

if it's

if that's accurate

that's

I mean

that seems

skinny

but

I was trying

to look on

the website

to see

what

so they

mechanical

upgrades

include

capacity

to two

liters

from the original

1.

Fuel injection

individual throttle

bodies

they say

it's making

182 horsepower

which I do believe

but if it is

really a

sub

1700

pound car

that's

going to be

bad

ass

I think

my guess is

if they want

to stay

in business

they're going

to offer

a nine

a six

cylinder option

you know

I just

I

why not

it's

so easy

to put

a six

in there

what's the

cost difference

between

it's money

right

what's the

cost difference

between

building a six

versus building

a

you know

it's huge

three x

well

but you're talking

about a

half a million

car

and let's say

the engine

they're

putting in

there

this

bespoke engine

you know

if you went out

to build it

let's say

it cost

35

40

grand

you know

I think a

Benton

built

hot rod

twin plug

kind of

motor

is about

40 grand

and maybe

a similar

two seven

MFI

motor

which would be

that's

what I

would love to

see in it

a 70 s

motor

be the best

one

higher compression

revs faster

but yeah

but the thing

with these

four cylinders

and like

you guys know

what the displacement

of a modern

formula one

car is

worse

Casey

when I need

them

do you guys

know what the engine

is

I don't

know

it's under

three

liter

isn't it

it's a

1.6

okay

a

six cylinder

right

so the

the tiny

so the point

of it is

is that

the

if you have

a small

four cylinder

that's

revs super

fast

doesn't

weigh

anything

I think

from a

user's

experience

it's not

a six cylinder

but it's

gonna actually

be more

fun

in my opinion

I think

so too

but

and

you know

they are

when they open

that

they're gonna

have to go

yeah

I know

it's a

four cylinder

but it

makes this

like

they're

gonna have to

fix

in

and that

buyer

who's

spending that

money

I don't

care

I have

my

my ego

is fine

just say

I have a

four cylinder

and I do

like the

ethos

of it

I just

think that

down the road

if they're

gonna stay

in business

they're

gonna have clients

saying

hey

I love

what you're

doing

I'll spend

the extra

25 grand

which is

not a big deal

on a

six cylinder

engine

a three

two short

stroke

a

sadly

someone's

gonna

stupidly

say

I want a

three

six

in there

which is

the worst

choice

but

and

if we have

time

I do

want to talk

about this

Mercedes

because

this is

the other

part of

the

Kirkland

plane wrap

label

how do I get

a

resto

mod

without spending

a lot

of money

if you remember

a few shows

ago

I drove

a

three-quarter of

a million

dollar

AMG hammer

it was

badass

that car is

a collector

car

is

a halo

car

and you're

sitting there

like me

going

I love

that car

there's

no way

I would

buy that

but I would

buy it

over the

Tester

Rosa

by the way

given

a choice

but

so this car

was crazy

was

on bring

a trailer

it is

a 1990

Mercedes

300

D

in a

and I think

this was

the original

color

it came in

it was

a dark

blue

with a

Palomino

interior

AMG car

understated

AMG monoblock

wheels

it's got

the

AMG front

spoiler

I didn't have a picture

but it has

the AMG

ducktail

here's the

the kicker

they put a

Toyota

to

GAZ

I don't know

the Toyota

it's a Toyota

super motor

which we know

is robust

and could easily

do a thousand

horsepower

it's detuned

to 400

horsepower

and

if you can see it

in there

they put a

six speed

manual

from a

Nissan

and

it sounds like

the worst

Frankenstein

but I watch

the driving

video

it sounds

so much

like

the car

I just drove

the real

AMG hammer

but it's got

all the turbo

whoosh

noises

but then

he goes and

cruises

put the

window up

and it's

like a

chill

300

E

a little bit

of a sleeper

it's

sold on

bring a trailer

for

31,000

that's a hell

of a good way

yeah exactly

that's a great way

to spend

31

grand

how cool

would that be

a great looking car

as a sleeper

and it's for

and like

the guy talked about

I mean if you want

600 horsepower

not

hard to do

mm-hmm

but

400 horsepower

I would daily

the

F out of that thing

that would be my daily

when you think your dealer

was that a consignment deal

because this is a dealer

right

he's down near

yeah it was

it's the guy in LA

who does

a

PPF stuff

I know he's done them

for Matt Farah

a 405 motoring

I think they're

they're

or they're a club

they're like

maybe a car

club

I guess they're

maybe getting into

the consignment

business

but

I looked at that car

though okay

if I hadn't seen

that

so

Tim

when you're talking about

who I don't know

if I can find

budget

cars

it was hard

it's not that hard

but I

there's a frugal part of me

that just looks

in the

in the bottom basement

bin

I'm the guy going through

the VHS tapes

from the 90s

going like

who a dollar

for Diehard

great

so

I'm

I just

a Christmas movie

by the way

so

yeah

so I

I am

looking through

and bring a trailer

shows what

sold

and I intentionally

don't look at the one of

what's

about to sell

because I just

don't need to

be drawn into another car

because if

this car

I saw before

it sold

ooh

that would have been

and it's

it's literally

a 30 minute drive down

the street

I would have looked at it

but anyway

go look at these cars

and every day

Tim

every day

out of a hundred auctions

I would say

easily find

a couple cars

that sold cheap

I mean

just to give you an example

for today

right before we got

the podcast

there was I don't

if you saw

is a 944

turbo

and eighty

six

or seven

944

turbo

in like

that

brown

Nougat

metallic

with a cool

interior

it

it had like

seventy thousand

miles

it did not

look like a bad car

it sold for

thirteen grand

and I'm sitting there

going

and I'm going

like

you want to go

on a rally

you want to go

do these

vintage

driving events

there you go

and I

and I looked

for

what was the

Achilles

seal

what was wrong

was it a blow

motor

was a salvage

title

I could not find

anything

really damaging

wrong about it

so

Tim

do your

point

I think

on the

converse

when you say

hey

we need to go

pick a one point

five million

dollar car

I'm struggling

I'm like

there's nothing

I like

in one point

five million

like I can't

so

we're

I think we're

just a line

different

to be fair

that car

right there

because

you are essentially

you know

striking as

bargains

and we didn't

really

overly define

what you meant

by that

but bargains

as in

you get to enjoy it

it's going to be fun

but

and so bargains

you would be things

probably that

you could make some

money on

you are not making

any money on

that car

that car's

fully price

of thirty one

grand

so you got it

wrong

the cars

that I own

most of them

came on consignment

and I kept

not because

they were bargains

I paid

retail

I kept

because

I like the

way they drive

and I knew

how they'd fit

my life

I'm addressing

your question

me

your original

question

was to find

bargains

that's the reason

I struggled

with it

truthfully

because most

everything in the

marketplace

seems fully priced

unless

I suppose you're

right

you go to the low

low and

when

but this is the bargain

like

who I really

want an

AMG hammer

after driving

I want

I really

want to

AMG hammer

even

if you find

ones that

were actually

converted by

AMG

the lowest

price

kind of

AMG

true pre-merger

car

you're

really

at

six figures

there's nothing

really

under

six figures

I look at

that going

I can get

an

AMG

kind of

experience

in terms of

looks

and power

on a budget

is it going to be

worth more

in a year

no

five years

no

that car

worth

its current

condition

and it

probably won't

be worth

more

well

I look

is a

budget experience

so where

my mind

went with this

and you guys

saw this

I sent it to you

and if you're

not

if you're

just listening

it's a

maybe one

of you guys

can pull up

the details

from

bring a trailer

this motor

hasn't closed

yet

but this is

a motor

that

had

wasn't it

built by

on dial

it was built

by

and dial

and

it's

a

that the

the one

downside

was they

built it

on a

69 T

a

two liter

hold on

so

so Dave

has got

here's my

mind

like

I was

trying to think

how can

full throttle

talk

build

their own

bargain

hot ride

9

11

so this

is what

I came

up with

right now

follow me

on this

I happen

to know

Dave

has got

a really

well restored

69

chassis

right

and I

is it still

there you go

okay

so why

are we

ready to go

there

you go

anybody's

looking for

one

okay

why don't we

take Dave's

chassis

and we do

a full throttle

talk project car

we buy that

motor from

and I don't

where's that thing

and I think

the last time

I looked

it was still

less than

20 grand

it's

it's still

at 18,000

oh my gosh

I mean

so what

to build

that motor

guys

what would

that cost

to build

that motor

right now

50

grand

easy

yeah

right

so if you

can get

that motor

for 25

grand

I don't

know what

Dave's

chassis

is going

to cost

and then

put the rest

of it together

how much

money

you can

have in this

thing

I mean

you say

the motors

25

grand

you get

a 915

or a

901

transmission

a basic interior

right

paint

body

the whole thing

I think

you can get

out

for

80 grand

what do you think

oh

well

the

chassis

I've got

not painted

so that's

going to

cost some

money

well

leave

I like

but

I leave

it the way

do

Tim's

right

leave it

the way

it is

that

sleeper

patina

with that motor

it's not

patina

motor

this thing

has been

this

was a rusty

just

a rusty car

I had this

complete car

so

but I'll

just give you

the story

but that's

ultimately

full

chassis is

just

fantastic

now

the motors

already been

built on the car

well

just

just the

chassis

what's the

chassis

okay

well

I mean

oh god

it's a great

question

I bet you

just the

chassis

is probably

25 grand

okay

dry

dry straight

chassis

it dries

a straight

chassis

yeah

okay

and so

what

this

put the math

together

for the

home

players

right

so

let's say

that

motors

25 grand

and that

motor

by itself

is just

I mean

did

what the hell

right

the so bad

ass

I mean

I have a couple

qualms with it

but I think

25 grand

is what

what it will

sell for

I agree

so

25 grand

there

25

grand

with Dave

Dave

what's

going to

cost

to put

some

you know

decent

paint

on that

car

nothing

you know

not

you

we're not

taking it to

you know

25

grand

10

grand

something like that

10

grand

well

no

is he fixing

so

okay so

10

grand

it's

no rust

okay

yeah

it's done

got to be

it's got to be shot

but if you're

putting good

quality paint

the paint

alone

the cost

on the paints

2500 bucks

just

for

just

for a couple

gallons of

the paint

and stuff

so it's the prep

plus

right

you're going to

be into

any decent

paint job

just

even a straight

paint job

is

$10,000

these days

right

which is

by the way

cheap

if you compare

to where

Paul lives

so

just the record

that's

a little bit

it would be

it would be about

15 grand

here

easy

alright

so

to help

me put this

together

I'm just

again

for the home

players

so we're

looking at

25

for a

chassis

hypothetically

that's done

we're looking for

we're looking at

I'm sure

you know

lights and

doodads

and

manual

the labor

to put it

back to

your

interior

wheels

tires

suspension

it's going to be

a James Bond

gentlemen hot rod

not some

crazy

ass thing

where you're

going to

hate life

after driving

at once

what do you think

I think

I still am

sticking with my promise

so you could

get this done

for

80 grand

you got

to maybe

you got

to hunt

for some

of your parts

you're

going to have to do

some swap

and some horse

trading for

the wheels

you're going to

you're going to put

to sell

what you want

it

well you're

just truly

just to throw

it together

car

Tim

you're probably

well

what I mean

by that

is not

like

not every

part

restored

to

Oh yeah

perfection

right

you know

like

you know

the suspension

in the

trailing arms

and all

that kind

of stuff

you're

not going to

repowder

codom

or you're

not going to

do those

things

you're

putting this car

back together

so it

looks

great on the

outside

interiors

decent

under the car

may not

be beautiful

but a

sweetheart motor

I

I would probably

push a little

higher

and put it together

the actual assembly

part

but I'd probably

go up

around a hundred

would be

I would say

80 to a hundred

depending on

like

for instance

you don't

have to get

you know

well

first of all

I would leave it

especially

was a short

wheelbase

which would be

ideal

I'd leave it

a slab side

so you don't

have flares

yeah

then you go

and buy

like

Campanola

or

Maxi light

deep six

reproductions

oh dude

seven hours

in the back

that thing

for sure

but yeah

you could

you could buy

reproductions

for two grand

for a set of

four

you put

CN thirty six

is on it

you put

reproduction

seats

like decent

ones

you're going to

spend about

twenty five hundred

to three

grand

upholstered

for the pair

you just

lightweight

carpet

hold on

I've done this before

so have you

oh yeah

you know

like headlights

you just put

like the

aftermarket

H fours

you buy reproduction

lenses

you

it's going

to be a car

that you're

going to

drive

like us

to hill

country

rally

and beat

the crap

out of

and you want reliable

that motor

is sexy

and

moving

only problem

with that

motor

Tim

is they

built it

on

arguably

the worst

magnesium

case

the first gen

magnesium

case

the most

porous

and if you

look at it

it's got

twenty hours

on the

motor

but it was

done in

two thousand

eleven

the race

motor

it was

race to

and it was

race

you

here's

funny

did you

watch the video

of the race

I got racing

it

it sounded

amazing

he

was so

slow

that was

the only

plus

I'm watching him

get passed

by

fricking

everyone

like oh he's

kind of like

not really

into it

and then me

as a buyer

the motor

I'm like

no no no

save the

motor

that's what

you

drive

you know

1500

RPM

below the

red

so we

build this

thing

full throttle

talk

we build it

Dave's

shop's

going to

build it

so what's

this

bad boy

worth

if we

put it back

for sale

first

full throttle

talk

you know

homegrown

car

we're

stickers

are on it

well

I mean

you guys

will have to

come up with

the

well

I think

I think in

the end

just based on

what I've

seen in

the market

if we

break even

great

we might make

10

15

percent

our

money

which won't

really cover

the time

and energy

it'll be

a fun

project

really

only think

that's

like a hundred

to

$120,000

car

done

well

screw that

that was

a terrible

idea

let's

move on

but

I like it

but

here's

the thing is

you think

even

Dave and

I is

as dealers

in this

business

that's

our motivation

Dave

he mentioned

with the M 491

I look at it going like

that would be

a fun project

to build

we would

go rip

and do

like

two or

three

rallies

we

we would

be a year

calling

card

for us

for a year

and then

we go sell it

we break

even

and boy

we had fun

and which

is

by the way

the premise

of why

I got in

this business

it wasn't

to make

money

it was just

like

how do I get

to drive

as many

cool things

as possible

and still have

my wallet

intact

at the end

of the day

it just

happened to become

a for

profit

entity

go

thank goodness

for that

yeah

we would be on this

podcast

if that

didn't have

the ball

I mean

but

so

you

are

is your

is that

brown

car

still available

Dave

that

that was

the

McGuire

show car

it is

okay

as I had somebody

fly up

and look at

it

yesterday

they made me

an offer

up

but the buyers

not

ready to

move

on that

money

the salary

me

the salary

main

that's

why

excuse me

yes

that's

what I meant

so that's

still around

$200,000

dollar car

no

I think

it could be

bought for

less than that

we'll go with that

this car

right here

yeah

okay

that

and

IRL

that car

was really

really bad

ass

everyone

loved that car

so

if you're

in

if you were

in the mood

in the market

for something

that's

special

that you

will not

see

and

you know

anything else

like it

I would give

that one

a hard

luck

love that

car

I do

dig that car

I love

the color

to

it looks

so

freaking

good in that

setting

and that

big

ass

warehouse

at

you know

look

to call

it was

awesome

all right

so you

are you guys

am I skipping anything

are we ready

to go on to the next

segment

the last

we're

dapping in

the last

segment here

a little bit

on this

last

I know

well

we did

all over the place

it's all good

we started out

talking about

speedsters today

so this would be

a great way

to round

the bend

on the

today

show

all right

this or

that

with a twist

sold cars

that we found

that were

actually

maybe

underpriced

and I'm

gonna go

first

because I think

that

you guys

might

enjoy

tearing me

to shreds

I

it's

fun

it makes

it

fun

banter

it's

great

to prove

you

wrong

anyway

all right

so

this is

a

where is it

come on

car

or

whatever

you're doing

why are you

taking

so long

there

we go

all right

so this

was a speedster

it was

a 964

speedster

it was

a narrow

body

all the

boxes

checked

and

I don't

know

if you guys

looked at

the

pictures

on cars

and vids

did

you guys

look at

the car

now

I

let

kind of

underline it

and there's

so many

little things

you could have

done to make

this car

look

so much

better

and you

when you guys

get to the

pictures

you'll see

what I'm

talking about

they didn't

even vacuum

out the

damn car

it's just

atrocious

but just

a note

do not photograph

your car

in the

grass

that's

so

ghetto

it's so

yesterday

it's

80s

do not

photograph

your car

in a

grass field

please

look

look someone

drilled the

front bumper

I mean

the all

the things

you're

not

supposed to do

but

in the cars defense

it did have

recent

first of all

it's a speedster

second of all

it's a

driver quality

speedster

which is

kind of

the whole point

of the

damn things

this car

sold for

125

grand

and I did

some searching

on

you know

various

sites

and the

average

for these things

is

180

and I found

many comps

for that car

for

175

185

with obviously

it being

cleaned up

and the

pictures

being

better miles

um

25,000

25

45

that's

which is considered

I would say

medium

high

right

well

okay

but again

if you go to

classic

dot

com

and I

include the

link and

home players

we're

going to

include the

links

all of our

links on

the

in the

show notes

and the

uh

you know

articles

but yeah

if you go

and look at the

comps

most of the

comps

are still

40 to

60 grand

over what

that thing

sold for

and by

looking at the

pictures

I think

that car

sold under

value

and if

you put

10 grand

in it

on the

high end

let's

assumes

the wheel

just shut you

can't see

there's

money in

that car

for sure

so

I think

that personally

that car

actually sold

underpriced

comment

mm-hmm

totally agree

yeah

I think

did it

sell

underpriced

by

what you

think is

175

180

is the

benchmark

so

50

60

grand

underpriced

no

I would say

maybe

10

or 15

percent

because

I think

the miles

it's weird

when you get to

these speedsters

you know

you play by

a different game

of miles

it's almost

like the

Ferrari

game of

of the

Odominer

and I

literally

have clients

that

will call

looking

for special

cars

and they

flat

out

will not

consider

an Odominer

on a car

like that

with over

20,000

let alone

40,000

and I'm just

looking at the thing

yeah

here's a 70

the hard

part is

there's a lot

yeah

4,000

mile

one

listed for

270

but then

a 35,000

that's a different

that's

that's Europe

and what

most of them are

in Europe

9,000

mile one

listed for

190

black

that one's

a totally different

buyer

different segment

now

I like yours

because

that's the car

that's sort of

liberating

you can go

drive

exactly

that's

why I like to

add it too

and you

you could

drive that car

you put some

money

it

you could do nothing

to it

and

I think

you'd be

sound on that one

and it does

have some

recent major

service on it

125

brand still

a lot of money

but

in the scheme of things

I think

that's a free car

basically

you could drive it

for free

or you could

fix it up

and you could

make some

money out

now

I'll go

I'll go through

my next one

relatively quick

this

I thought

again

this was on

Ryan Friedman

motor cars

this is a

1997 Porsche

911 roof

turbo

RC2

I did not

have a chance

to really

thoroughly

that whether

this was

built by roof

or whether

there's a customer

car

built by roof

but

so

was a customer

I looked at

it

it was

it was not

one of the

original

body and

white

or roof

had a bunch

of leftover ones

of these

that they went

within the last 10 years

and built into

the turbo

Rs

and those are

those are

actually

two million

dollar cars

this is someone

who took their

996

993

turbo

the only thing

I could read

from the ad

that was

actually

roof

is roof

built

the motor

they

they redid

the motor

to their

600

horsepower

roof

spec

motor

the rest of the

and I think

the roof

wheels

are original

I think

the badging

and even the

gauges

the seats

were not

roof

seats

I think it was sort of

a

going to your point

this is a budget

you want

you know

the car

that this is supposed

to be

is a two million

dollar car

but if you want

basically

the same experience

on a budget

this is what you get

so I was looking

at this

I think the

color is stunning

it's one of my

favorite Porsche

colors

the car is gorgeous

and I

you're

you're guessing

at some of the

things you said

with regards

to the roof

thing

you're probably

right

but

the

if you compare

that car

Ryan's asking

$500,000

dollars for

and if you compare that

to a singer

okay

and now

just

if you're just

looking at

right

what would you

rather have

and

when I see

that green car

I'm thinking

that that car

it's not

cheap

certainly

but it's also

seems to me

in the scheme

of what people

are paying

for freaking

Porsches nowadays

and actually

might be a bit

of a bargain

here's

here's my challenge

that

if

I like the car

it is the original

color

that forest

green

which is a

was a

I think it was

a color

that Porsche

really picked

as a family

for that nine

it came out

with a 993

it's a really

cool color

I would take

the roof

badge off

I like the

look of it

I like everything

about it

and instead of

marketing it

as

this is the problem

it's

it's like

marketing

a replica

spider

as a

550

spider

and leaving

out the replica

part of it

it is a

993

turbo

that has a

modified

and I don't

think you're

honestly

you've said this

before

and I

disagree with you

if the car

even if

it wasn't

originally

body and white

pulled out the

assembly line

at Porsche

and given a roof

then

if roof

built the car

if roof

hand had

their hands on

whether

it's

whether it's

German roof

or whether

it's roof

in the United States

and then

they say

it's a roof

and they give it

a roof

number

granted

it doesn't have

a roof

then number

I don't see

how that's

any less of

a roof

than if it was

basically built

as a baby

at Porsche

no

I agree with you

but I don't

think that's

what to happen

with this car

I don't either

I don't think

they gave it to roof

and said

go build me

this

I think what they did

was they got

the roof

wheels

they built this

they then

gave the

motor

and I think

the only thing

actually

done

at roof

was just

the motor

so it's like

that vote

it's like

that roof

bug

from last week

that roof

so I'm

reading the

description

here guys

and

what it's

saying is

is that

the

is accompanied

by a roof

certificate

certification

denoted

denoting

it's our

roof

CTR

to

conversion

so it's

almost like

a third party

might have

built it

with roof

parts

wasn't built

by roof

but somebody

else

built it

yeah

okay

and I like

do

don't get me

wrong

Tim

I think it's

I'm not

a huge 993

fan

but I love

993

turbos

and I do

like that car

a lot

my problem

is

I think

the ad

is a little

click

baby

misleading

on what it is

and I understand

why they're

doing it

but

I can see

where I

a client of mine

buys this

five years

down the road

they truly

in their mind

believe that

they got this roof

thing

because they're

maybe

a little naive

and then

I get to be

the person

who calls their

baby

what you've had to do

before

I know you've had

many times

and I hate

that

I'm like

uh

this isn't

you know

your old

67

uh

67 s

was a 60

the slate

great car

like

that person

who bought it

at auction

you knew

it was advertised

the way

it was presented

at auction

the auction

house

didn't really disclose

clearly

it was not

numbers matching

which we know

is huge

in the 67 s

world

and then

I get

the client

they give it to me

to sell

and I'm like

hey

this

and she's

mad at me

and I'm like

I had nothing

to do with it

I'm just

you know

don't kill

the messenger

so

this is the

part of the

I love the car

I don't like

how it's

presented

in terms of

the wording

it's

misleading

I don't

disagree with you

it's not

inaccurate

but it is

not

accurate

it's not

inaccurate

but it's

not honest

inaccurate

it's like

a politician

wrote it is

what you're saying

that was a great

good

good choice

Tim

very good

choice

Dave

what do you got

I have

and under the

bargain category

this kind of

almost speaks to

what we

were talking about

just a couple

seconds ago

now this car

is actually

a 74

back date

RS

kind of replica

car

but I was

shocked at

the price

on this car

I mean

this is

one of the

it's

it's kind of

built

as a little bit

of a budget

you can

tell

it wasn't

built like

a super

duper

hot rod

it's a

74

that's got a

three-liter

motor

looks to be

just a

stock

three-liter

that was

put in the car

came out of

a target

I guess

but

that's a nice

pairing

with this particular

car

you know

nothing crazy

it

this currently

sold

for

$84,000

and I don't

you sure

can't

build it

for that

I mean

I like

the color

it's a

it's a sweet

car

I can kind of

tell why

it didn't go

meaning just

the way

it's sort of

presented

but it's got

what it looks

to me to be

I can't tell

if they're

copies

but the one

picture that I did

have here

those look

to be

potentially

original

they're not

those are

the reproduction

yeah

are they

yeah

I couldn't tell

by looking at the

you have to assume

they are

based on what

it's sold

for

because

even if those

were

like

you know

let's say

early 70s

sports seat

no

those wouldn't

be early

70s

sports seats

because there's

no headdress

those seats

would be

15

20 grand

they

would be

but

sometimes

you never know

people

I think

when it comes

to buying cars

they don't

think about

the seats

they don't think

about what's

inside the car

they just assume

oh it's got

seats

okay

great

and they don't realize

the difference

between sports

seats

and vintage

sports

seats

and what

the

you know

original

ones

are

I couldn't

tell

definitely

they

they could be

a set of

a set from

gts

classics

or one

of the other

this stuff

is great

his

seat

is

a fantastic

yeah

but

cool

cool motor

but I was just

I thought

this was

a bargain

I think

the 15 inch

wheels

hurt this car

a little bit

the yellow

frickin

wires

come on

now

I mean

the

yeah

the stance

just doesn't

get it

to me

for me

the

the 968

turbo

or 968

club sport

steering wheel

wasn't great

yeah

it's funny

Dave

you pick this

because I

I

almost came this close

to pick

picking it

and they used a

three

leader

with the

carbure

I think

there's so

many little

tiny things

that

add up

to a big thing

which

you know

but Dave

you thought

that was

a bargain

right

to build this

I mean

what it would cost

to

whether or not

that's just

a stock

three-liter

motor

or not

that's still

going to be

you know

$25,000

to rebuild

that motor

to get it

into that

appearance

as well

I mean

it's

wasn't

just thrown

back together

they spent

some time

to make

this car

look

nice

too

I think

it's well-built

and I think

it was

it was a

bargain

I would have

thought

this car

would be

if you put

16's

on it

change the stance

a little bit

maybe

get rid of the

yellow

plug wires

and some of the

the other

hokey stuff

yeah

I think

this would have been

over a hundred

thousand dollar

car

another free car

2125

yeah

because the stuff

you just

rattled off

is nickel

and dimes

in the scheme

of things

to get right

yeah

so

okay

I agree

with you

that looks

like a really

good

a hundred percent

and that color

is freaking

awesome

it's

I agree

Viper green

is that

Viper

Emerald Green

same

same color

yeah

beautiful

yeah

and you had

another one

too

which I really

did

this

this one

we all chose

this one

this one was

yeah

come on

man

oh

I said

GTS

a 94

GTS

928

for those of you

who aren't

looking

on the screen

here

but it's

you know

this car

had

I want to say

54,000

miles

on it

hang on

I'm trying to

find it

here

and my

listing

there we go

um

midnight

blue metallic

which

I

was a

993

color

primarily

but I

just think

it looks

unbelievably

cool

on this

928

it's just

68

thousand miles

68 thousand miles

that was

68

okay

but

you know

that

it'll

for

and it was

a Canadian

car

so I know

that's

probably

what

held it back

but this

car

was on

P car

market

and an automatic

yeah

it's

true

like

you and I

have discussed

many times

Paul

there's

times when

you just

want to get

in

one

and go

right

I mean

mine's

an automatic

as well

my

89

um

and I think

that's just

cool

I don't

honestly

think that

the manuals

on these cars

and

and I've only

driven

early manuals

not late manuals

but I didn't

I don't think

the manuals

on these cars

are particularly

fun to drive

personally

I agree

I'm

trying to remember

wasn't the

manual

in the

928

didn't have

something to do

with the

Mercedes

manual

to

know

yeah

three

well the automatic

automatic

automatic is

the four speed

automatic

is a

Mercedes

automatic

but the manual

in these

are

dog leg

they're a

get

track dog leg

and they have

to be

the longest

throws

I mean

it's like

Volkswagen

bus

and

even I've talked about this

everyone goes

loses their

shit over the

fact that

they're

manual

and

if you want

a manual

Porsche

experience

I'm

sorry

the 928

is not

it

yeah

but a

GTS

928

for

45

grand

you guys

a bargain

you guys

remember

this

was

new

yeah

the only thing

I saw holding

that car back

and the pictures

were

great

I would say

the platform

P car

market

may not

have been

quite

right

and I also

think

that was Canadian car

also

the reason

it was

held back

Dave was

it

in the US

back

but you had to

get the car

into the

country

but you

won't have to

pay

talk

you won't have to

pay

a tariff

on it

again

because

it was

us

originally

right

and I would

say

the

the biggest

thing

is

I think

there was

these motors

can be

very

expensive

to maintain

I think

there was

a question

about

the timing belt

and here's

the funny thing

is

timing belts

and these cars

can go

really

a long time

you know

we're talking

10

is it a rubber belt

yep

on a I think

on a production

car is

a belt

part of the reason

I have an

84

928

is it's

one of the

few years

that's a

non-interference

motor

so if the belt

breaks

because I'm

an idiot

I don't

lose the engine

I'm

stranded

granted

but like

go do

a

net

but the problem

is like

people for these

auctions

will go

oh I did

a timing belt

in the water

pump

and that's

it

but the real

thing

to do

is

you've got

to actually

put in the

pensioners

and tensioners

or the

and do that

hold on

and then

is every

four years

you have to actually

go and check

the tightening

of the tensioners

which

I do

because

I want to be

stranded on a

rally

944

it's got

an interference

cylinder head

right

yes

yeah

that's

I thought

I think

which

Porsches

which

a transactual

cars

did not

have an

interference

cylinder head

just

just the

928

s is

the

80s

and so for the

home players

didn't

the early cars

to fault

that weren't

the original

928

78

79

the 80

we're not

interference

basically the

pistons

in the head

had this

untimely

relationship

yeah

exactly

with

basically

ruined a

motor

not

net

you

hopefully not

the entire

motor

depending on

how fast

it was

spinning at

the time

when the

belt broke

but

not a

good scene

so that

that car

was a

good

by

I

I thought

so

I looked at

that going

man

I'm so

deep into

my car

and I

would love

that

the problem

is

my little

word of advice

you buy

an old

or Porsche

like a 911

you budget

10 to 15%

of the purchase

price

a quote

unquote

done car

you budget

that for

the first year

and that's

just maintenance

and normal

stuff

you buy

a 928

you bump

that up to

50 to

100%

of the purchase

price

in the

first

absolutely

and people

do not

get that

they don't

get it

but once you're done

it's a

great car

944

though too

right

I mean

a cheap

944

will be

the most

expensive

Porsche

you

ever

buy

I had a guy

who's

pinging me

who

was

an

off of pictures

for this 944

looks really

nice

and I'm looking

at the

pictures

going

oh my

God

this

don't

buy it

if you

really

eyes on it

do not

buy this car

I mean

here's real

math

with my night

I have an

88

944

Turbo S

I bought it

five years

ago

with

119

1000 miles

from a good friend

who wanted me

to consign

it

and I'm like

no

I'm just

going to buy it

and

he bought it

in 2015

on bring

a trailer

for

15 grand

he ended

up spending

15 grand

which is why I bought it

from him

doing all the stuff

you got to do

to a transaxle

car

you know

the

the drive

shaft

and the

major service

you name it

some of it

was just

making

it look

pretty

I buy it

with

119

1000

miles

five years

ago

for

21

grand

and actually

was supposed to be

25

grand

but his neighbor

when

he was taking

photos

backed up

into the corner

and he just

didn't

want to deal with it

so he

knocked

for grand

off

it cost me

900

bucks

to fix

20,000

miles on it

driving

and snow

and rallies

and all

over the place

and I have

put in

guess how much

15

grand

so

it's

I would say

944

purchase

for sure

you're

budget

100%

of the purchase

price

but you're

not getting the

money back

if you did

that

now

if you did

that

air cooled

Porsche

you have a chance

of getting

your money back

actually

right

that's it

that's a huge

difference

something for

everyone to consider

if you're

wanting to go

down

this road

but if I went to

sell that

today

worse

it would sell

for what

I paid

it would sell

for what I paid

for it

yeah

probably around

20 grand

and my

15 grand

or 18

grand

is

my cost of

fun

you know

it's just

it's my

tax

to go

have

fun

and look

I put

20,000

miles on

right

speaking of fun

I did

find this

I'll just

do this

really quick

I

know

Paul

you've got

some cool

cars

present

I don't know

if you guys

saw that

now I'm

gonna go back

to my

I'm gonna go back

to my premise

that we need to

do a full

throttle

talk

you know

rest

dough

mod

challenge

build

off

whatever

the hell

it is

right

so

that car

and

I

just

pains me

to say

this

was

electrified

it was

a 9

12

it was

a 9

12

there's

electrified

but

okay

now we're

dealing

with

paint

and body

done

interior

done

I don't

know what

you're

gonna have to do

basically

put it

I send

and back

into it

let alone

a transmission

let alone

all the other

toned

electric

wiring

I will

that sold

for 60

grand

so maybe

you guys

you're

proving

out my

math

wouldn't

make

sense

on that

one

either

it

depends

how much

the Tesla

motors

worth

I mean

I don't

know what

to use

market

maybe

there's

a bunch of

other guys

building

hot rods

and

and the

Tesla

motors

like

the

and dial

of

well

but

there's guys

putting

Tesla motors

in

not

Porsches

they're

putting them

in

all kinds

of other things

sure

I don't

know what

the value of

those I know they're

expensive

they're

kind of

the

the best

motors

to buy

in the

market

but

I mean

when I look at

that car

I feel sorry

for it

when you see

the hood

you're just

like

okay

what

is that

a

fiberglass

front

end

for sure

the favorite

fiber

fiberglass

flares

did

even bought

did

they do

the

rears

and fiberglass

also

and then

they got the

I remember

that car

weight

he weighed

it

with the motor

and with all

the electronic

you know

do dad's

and it weighed

like virtually

nothing for

what the horsepower was

and there's a driving

video of him

driving it

and he's not

driving it

very hard

but looks

like it

wants to do

a wheelie

I'm looking at

the other pictures

the door

fits like

crap

and it's

so sad

you look at

the back end

picture

and it looks

like

a

60s

aluminum

Coleman

cooler

hanging out

from underneath

the car

it is

it's

so

it's so

horrible

I

okay

horrible

well I

but don't forget

you're going to go

turn this car

into hot rod

he's

gussed it

in this

full

roll cage

do you know

what that's

going to be

like

cutting

that

frickin cage

out of that

car

you know

what

$60,000

God bless

him

like

that is

a big

money

I think

for that

like

well the guy's

probably

just going to

take it

and drive it

as it is

right

I mean

it's

it's kind of

cool

but the

range

is

got to be

terrible

well

there's got to be

zero range

you guys

touch on something

that we

none of us

know anything

about

the whole

under

you know

underbelly of

that thing

with the Tesla stuff

actually might be worth

a hell of a lot

more than we

think

you know

what's my

point is

I don't know

what that

might be the

dummies

here

you know

honestly

but on this

note of

your car

did you

see that

BMW

2002

it closed

yesterday

I did

with that

software

it

no

he did not

hit the

reserve

at

120

grand

you know

what

you know what

today

it was a

really beautiful

golf

yellow

yeah

early

I didn't see it

round

I think

it was a

round

tail light

2002

BMW

that they

did a

quarter million

dollar

electrification

build

much better

executed

than this

the green

thing

it was

really

high

end

but like

the end of

the day

like

I understand

doing

electrifying

a

old

60s

Volkswagen

bus

that

motor

wasn't

great

there's

nothing

in

but the

2002

part of

the experience

is this

really

cool

M10

four-cylinder

hot rod

and there's

so many

cool motors

you could

put in

that car

so

I'm against

electrifying

a car

that you're

getting rid of

the

thing that

makes the car

so

charming

same thing

with the

911

if you

want to go

take

I mean

I have a

Citroen

SM

with that

Maserati

motor

honk

a shit

that motor

that car

was not

about that

motor

that car

was about

the

suspension

what we're

not

taken to

consideration

and

is that

first of all

the

2002

was

if I

remember correctly

was

built in

Germany

by

Germans

and was

like

a German

show car

the whole thing

so you

know

that thing

as bad

ass

but there

are probably

a lot of places

in the world

would people

would love to

have that

M10

2002

experience

but they

get

taxed

to

hell

or they're

just simply

not allowed

to have it

and

all over

the world

all these

very

you know

green governments

if essentially

mandated

EV

type things

so

could very

well be

that that car

makes perfect

sense for somebody

I agree

but don't

auction

off in a

U.S.

auction

go

auction

off and

collecting cars

in the UK

like

if you

live in

downtown

London

that car

makes a lot

of sense

that goes left-hand

drive

and the car

was in the States

already

so

right you know

just for

what it's worth

listeners

that you

got to subscribe

the newsletter

because

it the

the amount of time

in education

that I was able

to garner

from doing

all this research

in these

rest of

mods

it really

is badass

one of the articles

that I wrote

was about

the

rest of mods

less than

five hundred

thousand dollars

and then

less than a million

that hold

their value

lose value

or gain in

value

and

if you guys

had to

guess

if of all these

nice rest of mods

you know about

alcohol

that you can come to

mine

if we remove

singer

what

how many of those

do you think

hold value

let alone

increase in

value

very few

if any

very few

exactly

I was really

shocked by that

honestly

I didn't know

that

that's something

that people

don't talk

about

these cars

are depreciating

so

all right

and they're good

yeah they're good

I mean

you look at

some of the alpha

I had a client

by an alcoholic

and drive

fly back

East

and drive it

with him

and his wife

back

across country

and I think

that car

was a well

into the six

figure build

and he got

for about

half off

that's incredible

yep

cool car

that's the way

to go

so you have

some interesting

cars

so your

yeah

as you know

I'm not

a huge convertible

fan

but I think

when people go

ooh

there's no way

to get a bargain

in the market

I'm not saying

this is your

forever car

but I think

if you start

off in the

Porsche world

getting something

that you

may not

exactly

want

I've driven

GT

this is

a 2012

end of the

997.2

analog era

it's a

GTS

6 speed manual

that outside of a

GT 3

is the

halo car

if this

it's black

on black

it had

44,000 miles

which I would call

medium

to medium

high

it's

there's nothing

really

it's just

a very

basic build

it was kind of

a low msrp

but it has a center

locks

it was a

112

msrp

but it was

a cabriolet

it hammered

on bring a trailer

for $83,000

without fees

if

now

it had one strike

against it

it had an accident

on car facts

but

and this is

this car

would have been

much better

and not

on an

auction platform

like if I had

this car

you can present it

in a way

that doesn't

let the

peanut gallery

everyone

used to see

the closing

comments

oh

accident

you know

I'm out

here's what it was

this was before

car facts

delineated

between accident

and damage

something hit the

door

and it

dented it

hard enough

that they

didn't even

have to paint

the whole door

they had to

clear the whole

door

but they had to

do some

touch up

blending

other than that

original paint

really well-serviced

if this didn't

have the accident

and I had a

hard top roof

it would have been

130 grand

and now

is this going to

have future

value

they made

so few

gts

manuals

I just think

this car

today

if someone

if it hadn't

been an

auction

had been presented

properly

in it

in

like

if I was

going to

sell this

I think

I would have

got

about

20 grand

more

for the car

I agree

and I'll

tell you

what's even worse

is that car

anytime

that goes

for sale

again

bring a trailer

and that car

has got it

basically a

Damoclean

sword

hanging over it

forever

yeah

I mean

I get this

once a week

someone says

hey

can you sell my car

and I

I always ask him

for the

VIN number

and the first

thing I do

is check the VIN

and if it's

been on

bring a trailer

within the last year

or two

I'm generally

out on that

oh by the way

that was the other

thing

this had

what I call

the bring a trailer

or auction

it will call

the auction

anchor

it was

on bring a trailer

three years

really poorly

and it

bid to

82,000

sold for

82,000

so no matter

how nicely

this is presented

or how much

it's cleaned up

it is forever

got this

anchor

because human nature

says

oh I don't want to

be the one

who overpaid

even though

the market's

different

and that's

the problem

I have

and one of the reasons

I shy away

from auction cars

and I

if you look

at my cars

I list

I keep the VIN

private

I want those cars

when they're sold

and gone

to protect

not only myself

and the seller

but the buyer

I want that car

to disappear

because

when they're ready

to sell it

in five years

I want it

to be

a fresh car

you had that

same opinion

Dave

is that your approach

Lee

I

mask the

VIN number

on

or a

for a partial

VIN number

up

when I'm

posting a car

for that reason

you know

you just

don't want to have

the

the whole

total legacy

of this car

like

out in the

public

all the buyers

all the owners

somebody that

wants the car

will look up

the VIN

of course

and that's

great

to it too though

if you had

a really nice

car

it was on

bring a trailer

and people

went apeshit

for it

like that

TR2

we bought

people

just love

that thing

you know

and then

that's

going to be

lending

well to its

history

but

the probability

of having

a bad

experience

with some

of the

commenters

especially

let's be

honest

with the old

Longhood 9

11s

oh my God

I don't

know

if there's

what the

hell

how do

those guys

know

all that

shit

it's incredible

the only thing

that's

comparably

as bad

is the C2 Corvette

listings

I

I'm not familiar

but I'll take you

right for it

yeah

with the Longhood guys

from like

the early 9

11s

registry

are fantastic resources

when you're

trying to restore

a car

but oh my

gosh

if you don't

get everything

exactly right

they're going

to let you know

and God bless

them for it

and to the

listener

you know

when you

there are some

cases

where an

auction

really

makes

sense

but it's

gotten to the point

where you're

foolish

not

to hire

a professional

kind of

to do it

it's like

listening

yeah

I agree

it's

it's worth

10%

if

because

if you

like

you've seen

auctions

on

bat

and all these

other

sites

go

south

because the

seller

took

too

long

to

respond

or this

seller

didn't

communicate

well

or just

wasn't

like

they're

getting a

tap

because

they

didn't

know how to

handle

the

right

yeah

they

so we

didn't

know how to

stop

and

fire back

at somebody

and

their ego

got worked

up

and then

they

all these

they come on

like a

pack of

freaking wolves

and shred

them

even at the car

like

yeah

I mean the

GTS

cab

when you look

at the

so

to go back to

every day

I look

through the

bring a trailer

what sold

anything

that's in my

wheelhouse

that I'm

dealing with

selling

Porsches

mostly

I'll look

and see

what

you know

go to the

auction

I'll look

for

just the

highlights

but then

I'll look at

the closing

comments

what are

the

what are

the peanut

gallery

think

in that

in this

GTS

cab

the number

one thing

was

the seller

was absentee

they just left

the building

and

they didn't do

a DME

they didn't

they just

sort of

thought the

thing would

you know

I love it

it'll

sell itself

you know

if they

wouldn't

the first

time they

look at it

and test

drive it

they'll

have to

have it

and

Tim

we all know

and Dave

80%

of my buyers

I never

get to see

I mean

our communications

email

that sounds

really nice

honestly

that's a blessing

let's be honest

let's move on

this next one

because actually

I was going

to use this one

as my example

because this

one was

really fascinating

go ahead

Oh the

mine the

89 turbo

yes sir

okay

so this is an

89

930

Cabriolet

turbo

they made

so few of these

and

89s

of the only ones

with the

five speed

that everyone

loves

leather

conversation

I think

they're overrated

doesn't

really matter

this one

had

50,000

miles

you think

that you

50

and the

89s

overrated

not the cars

that's

what you

meant

correct

just the transmission

I love the cars

this one

is called

medium

ish

for collector

grade

medium

I

it's Baltic

blue

which

if you look

up Baltic

blue

was pretty

much an

89

only color

you

saw it

on

89 speed

stars

you

saw it

on

even on

964s

it sold

for bring

on bring

a trailer

just recently

for

$110,000

the things

that held it

back

the listing

was

mediocre

at best

I mean

I try

to find

an interior

shot

that shows

me

with the steering

wheel

that was the best

shot

I could get

and they actually

look like

they spent

money

and they

they made

that leather

nicer

it's kind of

got the drape

leather

or it's just

it's got the piping

it's kind of

a cool spec

but my problem

with this

car

this

the photos

in general

were kind of

meh

it had

BBS

period

wheels

on the car

which

by the way

those wheels

are worth

good money

separate

because there's

I think

sevens

and nines

but if

I were selling it

I would have put

reproduction

maxi lights

because the nines

are ridiculously

expensive

let someone else

do that

so at least

looks right

I would have

definitely

cleaned it up

but here's

going back

to what I

mentioned

in 2019

it had sold

previously

and it became

another one

of those

auction

anchors

it sold

in 2000

it bit

in 2019

to

89

grand

and didn't sell

and I think

that

also

kind of

held it back

this car

I think in the

long run

that is going to

be a good buy

a cool color

89

turbo cab

it'll never

be the

price of a

coupe

but I think

you clean this

car up

and in five

years

you roll it

through

gooding

at Monterey

I think

I

picture that

thing doing

a 150

to

175

well he won't

take it

in Monterey

but it would be

a gooding

auction

not in Monterey

yeah

I mean

probably Florida

you know

Amelia

or what

not

or Moda

though

exactly

but that

that cars

what do you think

Dave

I would say

I love the color

great car

I do think

it's

you know

as you look

it over

and you're

looking at

all the details

of the car

it's a little rough

and ready

and a few spots

definitely

but

but the interior

the

at least

the pictures

I could piece

together

from the interior

I thought

look pretty

pretty clean

pretty decent

right

I mean

not bad at all

and

you know

I don't know

I look

at that car

and

if it was a

coupe

what would it be

what would that

have been

180

oh right

oh I think

actually

if it was

the right wheels

were on it

and the presentation

was better

I would say

it had a shot

and it hadn't been on

bring a trailer

already

it wasn't an anchor

I have a shot

I think it would

had a really good

shot of getting

to 200

really

89

89 manuals

are

yeah

89

five-speed turbos

I forgot

they made a couple

hundreds

I think you actually

may have won

our little challenge

here to be honest

with you

because

that car

I think is the one

that

has the most

overall

long-term

you know

bargain potential

at least things

that

you know

we're underpriced

you know

really

that car

for 110 grand

it's just

I just don't like

I don't like

it's a cab

it's that's

the only thing for me

I mean

I have own

cabs

I mean

they're like

targets

you don't like

cabs

that's funny

but Dave

well I

I do

I totally feel like

I like a target

way better

than a cab

I

of the three

of you

I hate

cabs

I detest

cabs

and I detest

cabs

on a 9-11

because

they look stupid

without a quarter

window

they look like

just

they look like

a frickin tent

they look horrible

look how saggy

that is

they'll never

look good

they look

and then

when you put

them down

they look like

a barbie

Volkswagen

with this

wing

tonneau

cover over

they are

carrying around

some shit

for a

decades

bro

they know

I wasn't

hugged enough

a 30 year old

shit

this is like

by people

who own

cabs

he says

there's a thing

about it

complaints

but here's

the thing

about it

I look at it

going

what I like

and what I don't

like

from a

resell

standpoint

I don't

it doesn't

matter what I

I'm probably

in the minority

most of the time

it's just what I like

and don't

like

but I look at that

going

there is money

on the table

Oh yeah

there's some things

that I don't know

if the

the previous auction

the fact

you can Google

the Vin

and see

all the shit

that's probably

the worst

part

about this

not the actual car

and I look at that

going

man

you put enough

time and distance

and you put it

in an auctions

an in-person

auction setting

or something

where the Vin

is not

going to be

Google by

the things

there's money

on the table

do you remember

when all the

Porsches

this is back

when you and I

originally

met Paul

we're being shipped

back to Europe

so you

we go up to

car week

were you

were you in the

direct dealership

business then

Dave

this one

and then back

in like

07

08

actually before

that

shit

this is back

in the early

2000s

it should be

2007

8 9

10

yeah

the Germans

you'd go to

a car week

or ever

and it was

walled

wall

freaking Germans

and they were

buying

everything

you know

and you go to

all the restoration

shops

in Southern

California

and you'd be

tripping over

Europeans coming

and going

that we're just

buying up

incomplete

projects

it was crazy

before 2012

or 13

that's when

the prices

went up

two things

happened

Americans

were paying

more for

these cars

than ever

before

and the

the

Euro

got really

strong

yep

I don't know

what was it

like a hundred

like a

140

to

right

and

over 40%

of anything

we had

that was

30 years

older

went to

it was

like

go drive it

down to

the port

it's

going to

Rotterdam

they're going to

Rotterdam

that they were

and some

people took

pictures

all these

old cars

just lined up

to be put

on the crates

to be put

on ships

to be shipped

off to Germany

it was extraordinary

and now

over time

this cars

came back

a lot of

back

yeah well

well

for instance

the

we just

sold that

88

Lagoon Green

Targa

yeah

if you saw that

bitch in color

California

great color

then it's

spent its life

with the same owner

who was a

designer

for tennis shoes

the guy

moved to Georgia

took the car

with him

went to Florida

to go with him

went to Texas

to go with him

2016

it lives

in Germany

for five years

and now

it's back here

in Southern

California

going back to Florida

well

I bet you

the US

original US

cars are

going to actually

have their

heyday

because of the

whole tariff

thing

because the

tariff

things

not going away

you know

so they can

bring up

if so

if it's a

US car

originally

Europe

right

originally to Europe

it can come back

you're just

paying shipping

insurance

no tariff

right

so my motor

for the

550

tribute

right

was a

four cam

547

it was built new

none of the

parts

was built in

Denmark

and so

I had

frickin

past

$60,000

tariff

surprise

I missed it

by

four days

so

I had to pay

$60,000

tariff

and I

brought that

in

so I've got

260

grand in that

four cam

motor

true story

right

but

my friend

at

who had

a

Jaguar

D

type

at

Pebble

Beach

also

was bringing

over

are bringing

back

some

parts

for that

D type

and because

the car

was originally

in the

United States

back in the

the 50s

he had

no tariffs

on all the

things

he was

bringing back

interesting

yeah

it's crazy

anyway

so there's

the market

someone can

go over there

find all the

U.S.

deliver cars

and put them on

containers

bring them back

maybe

business model

reverse

gray market

we'll have to

think of a

name for it

well

guys

I think we're

wrapping it up

as another

grateful

throttle talk

we miss you

Casey

if you're

listening

if you stuck

with us

for the whole

amount of time

and listened

we missed

your snarkiness

there would have been

a perfect opportunities

here and there

for your comments

that I definitely

will look

forward to hearing

on the next

full

throttle talk

guys

listen

thank you

for continuing

to support

our little

posh

passion

project

if you're

in the car

bit

if you're

obviously

your car

enthusiast

but

reach

out to these

guys

they're

doing this

for free

actually

even worse

this

podcast

costs

all of us

money to do

right

so they're

paying

to do this

so

yes

pay

a little bit

of tribute

and

given

the opportunity

you know

do business

to them

at least sends

them some

and we're going to do

the upcoming shows

we're going to do

a list of

must attend

Porsche events

that we're

going to knock

out

hopefully

still this year

we're going to do

you know

car

setting

car goals

but

you know

everyone wants

to lose

30 pounds

but how many people

want to set

car goals

what we're

going to do

it for you

on

one of the next

shows

if you have

any

oh you know

we didn't do

but let's

do it

next time

we'll be getting

a lot of

really really

beautiful comments

people writing

long form

letters

showing

appreciation

all that stuff

means a ton to us

I usually get those

and I share them

with the guys

and we all

sort of

just really

I think

and they

doesn't

don't you guys

love that

kind of feedback

isn't it amazing

well yeah

because we

sit here

we feel

like we're

in an echo

chamber

just talking

in our own

padded

cell

to each other

and

and then

all of a sudden

you go

Oh

there are

people

out there

and they are

listening

and they are

listening

there are

people

for all over

the world

so look

I've offended

everyone

great

if you

well it's

fun

if you

have any

comments

that subscribe to the newsletter

and you can just reply

to the newsletter

and that goes directly to me

or there's

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but yeah

we're going to

keep doing this

we're not going to

try to go

mainstream

we're not going

to all of a sudden

start

I bring up

Corvette's

mostly a drive

cream or crazy

but other than that

we're going to stick

with what we all

have a passion

for

which is the same

thing

evidently

all you crazies

out there

have a passion

for

Oh I

I'm going to

leave this

one closing

thought

25,000

more than that

Oh

yeah

Orange County

region's

over a thousand

so

hundred and

60,000

holy

cat

yeah

and that

might be international

and I've

been remembering

this wrong

was listening

to PCI's podcast

so it's

a hundred

be international

it's

Porsche cars

of America

there's

but there's

Porsche

there's

Porsche cars

Germany

and

yeah

you know

I think

you're right

but 160

was the number

I'm remembering

so

we

we have

you

fall asleep

but I'm thinking

we have a lot

of podcast

listeners

that we could still

be finding

so help us

find it

share the word

like

subscribe

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yeah

directly send

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in the meantime

you guys

have a fantastic

week

and we'll talk

with all of you

on the next

full

throttle

talk

see you guys

bye

Restomods Under $500K, Amazon Sells Fords, FBI CLK-GTR Drama & The Underpriced Porsche Episode

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