Shannon123

Not questioning your integrity, but

Are you allowing for
1. Insurance (annual)
2. Taxes
3. Maintenance (tires, oil, alignments, etc)
4. Misc add-ons

The costs can add up QUICKLY especially if you do not perform most if not all of the maintenance AND are easily forgotten/disgarded. While I believe they do hold their value fairly well, they are far from being investment grade.....just too many things eating away at your wallet with them.

Tom 97 C2-S, So. Cal.

The price to mileage equation does seem a bit high.

I paid $25 in Dec 2011 for a 61K car, 20 yr PO, upgraded AC. I have about $2k in it for misc. upgrades (wheels re-done, lowered, bought 8" Fuchs for rear). I hope to never have to sell it, but certainly would wait for the right buyer.

Shannon123: I think TheMystro is only talking about the Principal Return. No one is getting a return on their services/taxes to keep the cars running, which in turn typically makes the car more saleable, if not more valuable.

Teleski42 is spot on. There are very few cars that can be driven to 100k miles and still be called an investment, or at least return your principal after years of ownership. I think we are all fortunate that these cars continue to stand the test of time.

I would say there are many entry points and many are debated here requlary. ie) High Mile G50 vs. Low Mile SC. What can I get for $15k/$20k/$25K. You need to find what is right for you. Do plan on servicing it, what is your intent in buying it (DD/Weekends/Show or Track), is AC important etc.

Keep in mind - 911's are all old cars. Whatever your passion/plan of ownership is, someone here already shares it (and may have spent a lot more past the purchase price to get there)

marcel964

Overhere in europe the German site http://www.mobile.de/ is one of the best sites to get an indication about 87-89 (and all) prices. Reasonable 911 from 87 and on starts € 25.000. My local specialist says that prices dubbled last 5 years aprox. À lot of USA cars go for around 20. Row cars ask à premium

marcel964

http://suchen.mobile.de/auto-inserat/porsche-911-carrera-3-2-g50-40-sperrdiff-ez-09-89-ratekau/172621999.html?lang=de&pageNumber=2&__lp=25&scopeId=C&sortOption.sortBy= creationTime&sortOption.sortOrder=DESCENDING&makeModelVariant1.makeId=20 100&makeModelVariant1.modelId=3%2C5%2C21%2C6%2C7%2C17&makeModelVariant1. searchInFreetext=false&makeModelVariant2.searchInFreetext=false&makeMode lVariant3.searchInFreetext=false&makeModelVariantExclusion1.searchInFree text=false&minFirstRegistrationDate=1985-01-01&maxFirstRegistrationDate=1990-12-31&negativeFeatures=EXPORT

kuba_kuba

There is a premium for canadian cars within Canada - however, $30K for an example with 230km on the clock seems high. As a datapoint, I paid almost as much ($28K) for a canadian '88 last summer. The difference was that it only had 53K km (33k miles). In absolute terms, I think I paid too much as it is but the car fit my needs exactly and was very clean.

TheMystro

Yup... My 911's have almost been trouble free and cheaper to maintain than any of my every day drivers. I find them very reliable and cheap to own and all were kept in PCA concourse condition. The trouble comes in when people bargain shop these cars and buy a fix-er-upper with good intent. Then they are a money pit. You get what you pay for and once these cars are on the down hill slide from neglect, its gonna be expensive.

88911coupe

If anyone offered me anything over 25k for my '88 I'd take it in a heartbeat but it has about 190k with a completely rebuilt engine about a year ago, otherwise in great shape. I will say my first 911, an '87 cab, was purchased for $30,000, driven for about 2 years and put about 30,000 miles on it and I sold it sight unseen for $30,000. I did replace/updgrade the clutch. Not bad if you ask me.

saint828

Bought my 88 911 more than a decade ago for $17k. about 150k miles on it. still running hard for a 250k car. Im in the process of full restoration.

Flatsixer

I paid $17.5K for a 1984 Targa with 205,000KM's in October 2012. It has had about $9K in work over the past 4 years getting everything in order (complete brakes on all four corners, new suspension and stuff like that). It is in excellent, near original condition with the exception of being lowered to euro ride height.
Compression was 150 in all 6 cylinders with 1% leak down. The engine has never been re-built nor re-sealed.

theiceman

there is nothing wrong with asking top dollar for a car .. But like anything else it has to be in top condition to justify it. I think 230,000k without any engine rebuild may not justify the cost.

Ruf964

i have an 88 g50 carrera cs coupe, i like it well enough but prefer my 93 964. both have g50's but the 964 seems more responsive. likely due to the 3.6 over a 3.2. the original question on price seems high due to miles and no work done to it/original. just my .02 cents.