Mecum Auction: '89 5 speed w/ 16K Miles - SOLD: $50,000
#46
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Hello all, been a long time.... Hope everyone is well.
I am outing myself as a bidder on this car and thought I would pass along what I have learned doing my due diligence on this car. I spoke to the owner and had someone look at it for me using my paint meter.....
FWIW, anyone bidding with the intention of reselling it should know that it's had some paint work (paint meter readings on the right rear quarter panel starting at the top of the B pillar down to just below the body side moldings were ~22 mils +/-, the rest of the car appears to be original with readings between 4.0+ and ~8.x +/-), the rear bumper cover has been replaced bc according to the seller he was "tapped" by another car, the timing belt and water pump we're replace ~8-9 years ago so that will need to be done as well and the tires are an off brand he put on bc he knew it was going to be stored for an extended period of time. Still a nice car no doubt but, the paint work and the non-original bumper cover (the replacement will NOT have the VIN tag like the rest of the original body panels....) WILL affect resale $ IF disclosed.
FWIW, I talked to the seller.
Good luck.
I am outing myself as a bidder on this car and thought I would pass along what I have learned doing my due diligence on this car. I spoke to the owner and had someone look at it for me using my paint meter.....
FWIW, anyone bidding with the intention of reselling it should know that it's had some paint work (paint meter readings on the right rear quarter panel starting at the top of the B pillar down to just below the body side moldings were ~22 mils +/-, the rest of the car appears to be original with readings between 4.0+ and ~8.x +/-), the rear bumper cover has been replaced bc according to the seller he was "tapped" by another car, the timing belt and water pump we're replace ~8-9 years ago so that will need to be done as well and the tires are an off brand he put on bc he knew it was going to be stored for an extended period of time. Still a nice car no doubt but, the paint work and the non-original bumper cover (the replacement will NOT have the VIN tag like the rest of the original body panels....) WILL affect resale $ IF disclosed.
FWIW, I talked to the seller.
Good luck.
#47
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Hey, Chuck - good to see ya!
Might you be adding a 928 to your sig profile soon? Any guesses what this one will go at?
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How's that Aston Martin treating you?
Might you be adding a 928 to your sig profile soon? Any guesses what this one will go at?
![thumbup](https://rennlist.com/forums/graemlins/thumbup.gif)
How's that Aston Martin treating you?
#48
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I live in Indy and will be bidding on this one tomorrow. I appreciate Chuck (or his associate) checking out the car in person. Nice to know about the paintwork, but I've been specifically looking for a very low mileage '89 only GT for the last 3-4 years now. Red was my second choice of color, so it will have to do. I'm throwing everything I've got at it (mid-$50K's range). I have doubts that will be enough to own it, but I'm crossing my fingers I get lucky on this one. I won't get much sleep tonight in anticipation ![thumbup](https://rennlist.com/forums/graemlins/thumbup.gif)
Scott
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Scott
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#49
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Hey Randy! Thx! Aston has been sold, now in Chicago.... Based on the post above I won't be adding a 928..... If it didn't have the negatives I might have been?
#50
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I live in Indy and will be bidding on this one tomorrow. I appreciate Chuck (or his associate) checking out the car in person. Nice to know about the paintwork, but I've been specifically looking for a very low mileage '89 only GT for the last 3-4 years now. Red was my second choice of color, so it will have to do. I'm throwing everything I've got at it (mid-$50K's range). I have doubts that will be enough to own it, but I'm crossing my fingers I get lucky on this one. I won't get much sleep tonight in anticipation ![thumbup](https://rennlist.com/forums/graemlins/thumbup.gif)
Scott![Smilie](https://rennlist.com/forums/images/smilies/smile.gif)
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Scott
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#52
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....enjoy the car! If it goes for that much (mid $50k's) I'll be really surprised.... Even more surprised if it gets anywhere close to what the seller expects ($100k) It's a special car but, not that special.... With all that I found with this car there is no way I'd pay anywhere near that for it. Willhoit had a blk/blk 89GT last summer for less then your willing to pay for this one? You'll be getting awfully close to GTS money by the time you do the deferred maintenance..... Best of luck.
#53
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I would be very surprised to see it hit 50. This is Mecum... not a good venue for a 928 in my opinion.
#54
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Mileage was ~19k. I knew that car really well.....
#55
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[edit] ....actually, anything north of mid $40k's doesn't make sense on this car.
#57
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FWIW, anyone bidding with the intention of reselling it should know that it's had some paint work (paint meter readings on the right rear quarter panel starting at the top of the B pillar down to just below the body side moldings were ~22 mils +/-, the rest of the car appears to be original with readings between 4.0+ and ~8.x +/-), the rear bumper cover has been replaced bc according to the seller he was "tapped" by another car, the timing belt and water pump we're replace ~8-9 years ago so that will need to be done as well and the tires are an off brand he put on bc he knew it was going to be stored for an extended period of time. Still a nice car no doubt but, the paint work and the non-original bumper cover (the replacement will NOT have the VIN tag like the rest of the original body panels....) WILL affect resale $ IF disclosed.
#58
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Sold for $50K.
#59
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wow; Outsider - did you get it?
#60
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