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Anyone looking for an Excellent 89 GT

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Old 06-14-2010, 10:26 AM
  #46  
VehiGAZ
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Originally Posted by Andrew Olson
I forget the exact verbage, but CarFax lists that a new title was issued.
Doesn't that just mean that the car has a new owner, or the owner moved to a new state, or that the title was reissued after a lien was removed?
Old 06-14-2010, 10:35 AM
  #47  
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Originally Posted by VehiGAZ
Doesn't that just mean that the car has a new owner, or the owner moved to a new state, or that the title was reissued after a lien was removed?
It does in the case of AutoCheck. I believe the same holds true for Carfax
Old 06-14-2010, 10:38 AM
  #48  
AO
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Originally Posted by VehiGAZ
Doesn't that just mean that the car has a new owner, or the owner moved to a new state, or that the title was reissued after a lien was removed?
No, it's quite clear that some type of (salvage) title was issued and then a new (non-salvage) title was issued after that.

I want to make it clear that I'm not trying to subvert the sale here. I have no dog in this hunt. The car looks amazingly clean, and if you think you'll keep this car forever, then the title issue should not factor. Hell, I wish my car was as clean.

However, if you think you might sell it at some point in the future, you need to know its history. A messed up title history can really affect resale both in terms of price and time to sale. In my opinion, if the car had a clean title history, it would have sold by now at or near the asking price.
Old 06-14-2010, 11:32 AM
  #49  
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Originally Posted by Andrew Olson
A messed up title history can really affect resale both in terms of price and time to sale. In my opinion, if the car had a clean title history, it would have sold by now at or near the asking price.
I agree that no blips on the title radar screen is better than something that needs explanation, but I think that potential buyers have become so wary of all the scammers out there that they're quick to dismiss a car with what appears to be 'inconsistencies' or a less-than-perfect title history without looking into the details. It's a shame that a single event like panel body damage that results in a title blemish somehow has a more negative effect on a car's value than a poorly maintained basketcase getting a full mechanical and cosmetic restoration that may be a 2 owner car with a perfect title history.

Originally Posted by cfc928gt
Yes, it's true, 18 years ago the GT was hit along the passenger side. The front fender and passenger door have different VIN #s on them. The passenger rear quarter panel was also worked on. Obviously a potential issue for some. The GT was up on a lift at the Denver 2006 OCIC tech session with everyone pouring over it and there's no damage. It won 'Best of Street' and the "People's Choice' award at the OCIC that year as well as taking first place for water cooled Porsches at the 2006 Gmund West.

Shady past from 18 years ago? Maybe...but all that's negotiable...
I wouldn't describe a car being hit as a 'shady past' at all if there's full disclosure and documentation backing up the event. It doesn't take much to total these cars in the eyes of an uninformed adjuster - especially these days.
If the damage suffered from an accident is fully documented, why is replacing a fender & door any worse or 'shadier' than replacing a transmission or rebuilding a top end from a tb failure?
In fact, in most cases the quality (or lack of quality) of bodywork is way more evident than with mechanical work.
Give me a nice, well maintained car that's seen documented pass. side bodywork that's done so well that it's undetectable; over a car that's seen a top-end rebuild from a tb failure..any day of the week.

Last edited by JPTL; 06-14-2010 at 11:48 AM.
Old 06-21-2010, 05:00 PM
  #50  
cfc928gt
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While I've personally never stated a price in this thread, does $19,000 sound reasonable?
Old 06-21-2010, 05:18 PM
  #51  
Mrmerlin
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Fred did you mis type your numbers??
IIRC the asking price was 24,500.00
If the typing isnt a misprint then someone is really gonna get a great deal on your terrific car.
5,500.00 is a very big discount GLWS
Old 06-21-2010, 05:19 PM
  #52  
Benton
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That is a steal, my friend. Beautiful car. If anyone is interested in the car, I do have a set of GT D90 wheels (from 1990 model though, 1989 had CS wheels) for sale. They would need to be refinished to be worthy of going on Fred's car, though.
Old 06-21-2010, 05:25 PM
  #53  
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$19k is a lot of money. The car looks great. But the problem comes when it's time to sell (as you are experiencing). A wart on the title is a BIG deal.

Personally, if I was in the market and was never going to sell the car, I'd ****** it up. But if I thought I might keep it for a little while and then maybe sell it, I think it would have to be in the $15k range to overcome the title issues. All assumes that the car is in great condition - which it appears to be.

Just my opinion.
Old 06-21-2010, 05:43 PM
  #54  
Tom. M
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19k is a bargain for the car...... it's a 89 fer christ sakes...... Not a 90 or 91GT.... Everyone knows that a 89 GT (even with a slight issue) is worth more than the run of the mill 90 or 91 GT ..

good luck in the sale...it sounds like a nice car..
Old 06-21-2010, 05:50 PM
  #55  
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^^^ Slightly biased opinion...
Old 06-21-2010, 05:57 PM
  #56  
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Originally Posted by Andrew Olson
^^^ Slightly biased opinion...
LOL...I'd go as far as saying it's "HEAVILY" biased
Old 06-21-2010, 06:13 PM
  #57  
VehiGAZ
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I'm heavy, AND biased...

...In favor of this car! The "title wart" and mileage count would give me the excuse to do more mods/customization to it than I am willing to do with my own '89GT. Plus I love red + cashmere!

So which wheels come with the car, the ones in Post #1 or the ones in Post #24?

Oh god, I shouldn't be thinking these thoughts....

Last edited by VehiGAZ; 06-22-2010 at 10:25 AM.
Old 06-21-2010, 06:30 PM
  #58  
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Wheels are the ones in post #24. Antera wheels with custom center caps, 8" and 10" x 18 with 225/40 and 295/30 Michelins.
Old 06-22-2010, 10:28 AM
  #59  
VehiGAZ
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I love the Porsche wheels in Post #1. Out of curiosity, what kind are those?
Old 06-22-2010, 12:14 PM
  #60  
cfc928gt
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GAZ, those are Moda MD1, they're on the '90 GT now.


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