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value of 88 911.

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Old 01-02-2013, 12:39 PM
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jss
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Default value of 88 911.

friend of mine emailed the owner of a 1988 coupe which was listed for $29000.

to me thats alot of money. plus it has 230000 KM. I told him to ask if motor has been resealed etc and he got a reply saying no its all original. and motor is perfect lol.

your thoughts on price?
Old 01-02-2013, 05:33 PM
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dsrufer
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At about $25K US dollars, I begin to think that the '87-89 Carrera is at a premium. I see very drivable Carreras being offered at slightly under $20K. After $25K, I'm looking for something special which is usually low mileage or a recent full engine rebuild. Since the car you mention is both high mileage and an original engine, the price to me seems high. Good luck with the car search.

Dan
Old 01-02-2013, 08:39 PM
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wildcat077
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For what it's worth,i paid $23,000 for my 89 Coupe with 121,000 kms four years ago, although at the time it was in great original mechanical condition for the average buyer ...

Not much "original" left on the car,but that's another story

Cheers !
Phil
Old 01-02-2013, 09:05 PM
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jss
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i just find that those years(1980-88) owners are dreaming to ask that kind of money with high km and no engine re seal at the min.

worst part is they don't sell you see same cars for sale for over a year and at the same time the next rookie who wants to sell their similar car looks at other ads to get a price range and they too think their cars are worth big dollar. which at the end of the day floods the market with over prices are just sit on the market
Old 01-02-2013, 09:45 PM
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teleski42
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I recently bought a 1988 Carrera Coupe with 88,000 miles for $23,000. Completely stock except for upgraded AC and very clean. I had spent some time surveying the market and this seemed appropriate for a well maintained car not needing any major maintenance. These are great 911's quickly gaining appreciation as driver's car but maybe not as investments.
Old 01-02-2013, 10:37 PM
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froggert
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i love my 87 carrera with 136k miles and original engine. my plan is to keep it until i'm too old to drive it and then pass it on to my son. but if someone offered me $29k, i'd sell in a heartbeat.
Old 01-03-2013, 11:34 AM
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wwest
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Originally Posted by froggert
i love my 87 carrera with 136k miles and original engine. my plan is to keep it until i'm too old to drive it and then pass it on to my son. but if someone offered me $29k, i'd sell in a heartbeat.
In that case you don't deserve owning a porsche.....
Old 01-03-2013, 02:51 PM
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SiberianDVM
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Originally Posted by wwest
In that case you don't deserve owning a porsche [sic] .....
That's kind of harsh, don't you think? It's a special marque to many of us, but it's still just a car in the end. And the 80's models, while good, are not especially rare....yet.

I love my 84 Targa, and I only paid $10k for it, and I've spent another $10k on mods, but if somebody offered me $29k for it, I'd take it in a heartbeat, as well.

Then, I'd spend every cent of it on a race-ready 911.
Old 01-03-2013, 03:18 PM
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BBgun
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I think it's a bit high also.
To give you an ideal,last October, I paid $24 000 for a 1 owner Canadian(Montreal) 88 targa with 90 000 KM, all original.

Bruno
Old 01-03-2013, 07:09 PM
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cal44
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wwest........that was funny

jss........ 29K for high mileage is highway robbery. Resealed?........it better be rebuilt for that kind of money.
Old 01-03-2013, 07:52 PM
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SPDADCT
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A lot of people ask a certain price for a car, that doesnt mean you have to pay their asking price.

I don't think just the year and mileage alone tell the whole story. I have seen 80's 911 cars that are garaged and well kept even with higher miles vs some that have been neglected over the years. I would suggest a test drive / PPI and then you can negotiate the price based on what is wrong with the car - Leakdown Test, Everything functional, etc.
Old 01-03-2013, 08:01 PM
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Shannon123
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Stratospherically high.....IMHO.
Old 01-03-2013, 09:03 PM
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TheMystro
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Clean 911's especially 1987-1989 Carreras are only going up. They are the zenith of the 911 having the G50 transmission. I have been around them for 23 years and every time I think they have peaked in price, they keep going up. I have had a few and sold them over the years and I never lost money with any of them. Super clean low mile examples are going mid to high $30k. They will go higher so when ever you can find the right car that you fall in love with, you better buy it. I found a very special model and I will NOT be selling this one.
Old 01-03-2013, 09:54 PM
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Dr Mitch
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There is a local dealer with a couple of '87s - a cab listed at $26,000 and a targa at $32,000...
I knew a couple of folks looking to sell their late 80's 911 - asking way too much IMO, but then, they weren't in a rush to sell since they loved the cars so much (they'd love a 911tt more, but were in no rush) - so they figured they'd list the cars high, if they got it, great, if they didn't - they will have to "settle" enjoying their Pcar a little longer.
The G50 trans definitely seems to demand a bit of a premium (3-6 grand maybe)
I've been keeping an eye on a '86 targa for sale - has over 400,000km on it - yikes! seems to be well maintained - no idea of rebuild, resealed etc - would imagine so after that kind of mileage. Asking around $16,000 for that one.
Old 01-03-2013, 10:29 PM
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froggert
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Originally Posted by wwest
In that case you don't deserve owning a porsche.....


i should elaborate. i'd sell it in a heartbeat if someone offered me $29k and then use the money to buy two 911's.


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