Crapwagon Outtake: 1987 Porsche 924S

The lure of the cheap “exotic” car can be irresistible for some gearheads. Just open up eBay Motors sometime and type “ project” into the search bar. Instantly, dozens of cars, old and new, are there to haunt your bargain-hunting dreams. In a quick glance, I spotted a Viper, a Z32 300ZX, and even a Local Motors Rally Fighter that can all be picked up for a fraction of the cost of a clean one.

The problem with any project, of course, is the time and money required to complete is typically underestimated, often by some unforeseen order of magnitude. Many of these “projects” will likely be listed on eBay in twenty years as “barn finds”, in basically the same state — save for entropy — as today.

Take today’s feature car, the 1987 Porsche 924S.

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  • Probert They already have hybrids, but these won't ever be them as they are built on the modular E-GMP skateboard.
  • Justin You guys still looking for that sportbak? I just saw one on the Facebook marketplace in Arizona
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  • 28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
  • AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.