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1987 Targa Purchase Advice

Old 09-01-2015, 02:52 PM
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kstarr719
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Default 1987 Targa Purchase Advice

Hey, folks -

A local dealer has a blue on brown/red 1987 Targa with 143K miles for sale. The car is a one-owner, and they did a decent amount of suspension work prior to putting up for sale. I am awaiting the full list of work, but I believe new bearings and tires were included. I took the car for a spin and it pulls strongly and shifts well.

Couple of items that stick out. It needs a paint job. So there is $7k minimum. It also needs the roof to be refinished. I might be able to do that myself with the help of Pelican, but not definite.

Asking around $29K.

What do folks think? I would PPI the car before purchase, but they want an agreed upon price before releasing for the PPI.

I appreciate your help!
Old 09-01-2015, 03:43 PM
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kstarr719
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The work completed by the dealer is as follows:

Front struts, Front ball joints, all 4 tires, and passenger window motor
Old 09-01-2015, 05:03 PM
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theiceman
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i think 29 is steep but what do i know

you do not agree on a price before PPI unless they agree the PPI will afect price on things found they did not disclose ...

eg

"well its priced this way because it has bad tires " .. thats fair ..

if you agree on x price and ppi reveals worn bushings for example, that they didn't divulge , they need to adjust .. well, not need i guess ..
Old 09-01-2015, 05:28 PM
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kstarr719
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Originally Posted by theiceman
i think 29 is steep but what do i know

you do not agree on a price before PPI unless they agree the PPI will afect price on things found they did not disclose ...

eg

"well its priced this way because it has bad tires " .. thats fair ..

if you agree on x price and ppi reveals worn bushings for example, that they didn't divulge , they need to adjust .. well, not need i guess ..
I agree that 29 is steep. I also agree that I can't lock-in the price prior to the PPI. They may not budge on that, but I could use it as potential leverage to lower the purchase price.
Old 09-01-2015, 05:36 PM
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theiceman
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good plan . if it was a coupe i would think 29 is fair if it checks out as spotless
Old 09-01-2015, 08:17 PM
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Tom 97 C2-S, So. Cal.
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Hi:

Who's paying for the PPI? Why do you have to talk price without that in your hand? If you can, take it to an Indy for the PPI. If not, you are paying for the PPI like a service. You own it.

What about the clutch and engine - any records? There are plenty of folks who refurb the tops, but you may have to go further with new rubber etc. $7K may cover the paint, but you may want to plan on a bit more for new rubber seals/rubber/striping etc. If the exterior is that bad, you also can plan on $750 to refinish the Fuchs.

Being resolved to spending money for looks is great (as well as it not being great cosmetically, they sell slower). Get the PPI and study all the service receipts. Yes, I think it may be a tad high on the price. Rest assured, the dealer beat the cr@p out of the seller.
Old 09-12-2015, 02:04 AM
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jpowers
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I paid less than that for a pristine 87 with 34K, new tires and clutch.
Old 09-12-2015, 09:48 AM
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TerrySmith
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Originally Posted by kstarr719
. . . A local dealer has a blue on brown/red 1987 Targa with 143K miles for sale. . . but they want an agreed upon price before releasing for the PPI. . .
If it were me, I'd look elsewhere because of this. The engine may need a top-end rebuild and it may need a new clutch, etc. So now and with the paint, you've got a $50K car. It may have unseen accident damage that affects performance. How's the interior?
Old 09-12-2015, 09:48 AM
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TerrySmith
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Originally Posted by jpowers
I paid less than that for a pristine 87 with 34K, new tires and clutch.
Recently?
Old 09-12-2015, 10:06 AM
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cairo94507
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I would never agree to a price before reviewing the PPI and all of the records for the car. BTW, I hope the PPI was not done by a shop the selling dealer recommended. Lots of Targas for sale at good prices. Don't be an impulsive buyer - surest way to get taken.
Old 09-18-2015, 08:21 AM
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jpowers
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Originally Posted by TerrySmith
Recently?
12 months ago
Old 09-18-2015, 05:37 PM
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Drisump
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By the look of it 12 months ago might be 20% ago......but hey, I don't have a pulse of what's going on....assuming someone else does. Cheers


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