1992 C2 questions
 

Hello, I am looking at a 1992 C2 with ~50K miles, all books and records, no oil leak issues, outside of a chip and sport exhaust it's bone stock and in mint condition. The guy is asking $27K which seems a bit high, doing a PPI next week and if no major issues will make an offer. Wanted to ask you guys what issues/concerns I should consider if I go forward with this? I have owned a couple 911SC's and currently have a 930, looking for a bit newer car for a daily driver and about half dozen track days in a year. Thoughts? Thanks in advance. Bryce

Bryce

My thoughts on the price is way too high...964 seems to the most undervalued car for the prices they are at....I have seen them around $15k to 24K...the higher ups seem to be RS and turbo models....

appreciate the feedback

My advice would be to make an offer and then do the PPI. No point in spending $200 and then having your offer shut down by the seller. If you get to the PPI part, definitely perform a compression and leak down test on the engine. $27K is a bit high for a 964, but if it's in a PRISTINE condition that price might actually be OK.

Seems about right if checks out fine with that mileage and no serious accident. I would question why chipped if so stock. Good luck.

I will play the devils advocate here. I have a 93 C2 with similar miles and have been looking for one for a friend for several months. I have seen numerous 964's in the $15k to $22k price range. All of them had over 100k miles and needed work. Most of them were earlier 90-91 MY cars. When moving to the 92-93-94 MY cars with low mileage they all end up being in the $27k and up price range. It also depends what kind of service records, history and options are part of the car.

If the car is in a good color combo, has the low mileage you state with all records and wearable items up to date, $27k is more than a reasonable price. It is not worth haggling over 1-2 grand if the car is solid without issues. You could settle on another car with more mileage and end up dropping much more into it. My C2 is a 93 just turned 50k I use it on the track mostly. Yet it has Fikse wheels, GT3 seats, big reds, G pipe, light weight flywheel, eibach bilstein suspension TRG sways, new stereo and an entire host of other goodies all done in the past 5k miles mostly by PO's and I would not let it go for less than $33k and I have a list of people willing to buy it from me. It also has 1% leak down and 175 compression across all cylinders and recently passed local smog tests with 0 HC and 4ppm CO. For the money it is a fantastic car and worth every penny.

SO don't focus on price as much as value and you will have a winner of a car.

Good Luck.

I agree with Cobalt, I don't think a grand or two is worth loosing a decent car. My search ended in July with the purchase of a 1993 C2 for $26.5, the PO was asking $28k. My original price cap was $25k, so broke the bank by $1500, well worth it.

The car is red/grey, 5spd, with sport seats and LSD. It's a very clean car everything works with no issues, 100% stock, Brumos repair/maintenance history, A/C blows cold, new clutch, new brakes, original paint, original engine and decent balanced compression with 65k miles.

I looked at every 964 I could find, nationwide, but most lowere priced cars weren't worth the asking price or the mileage was near or above 100k miles. The lower priced cars often needed $2500-3000 in fixes/repairs, all considered not great deals.

A PPI should help justify the condition and the value.

I think it's great that nice 964's are fetching decent $$ these days.

Keep us informed.

You should not be conserned with the mileage as much as the condition and history of the car. I am offering my 92 for 20K and it is near perfect in every way. NADA book is 21500. A good car with a good history is worth at least 24K because you can dump 2-4K into a car very fast if it has even minor problems. Jim