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1988 911 sunroof coupe value question

Would it be reasonable to expect $18,000 - $19,000 out of a 1988 sunroof coupe. Quick description:

- Black interior and exterior
- G50
- 124k miles
- mostly original with few mods (Wong chip, brake lines, ipod radio, bilstein sports, turbo tie rods)
- Top end rebuild with receipts from reputable shop (15,000 miles ago in late '04)
- New clutch, including flywheel and all associated parts
- Recent valve job, plugs etc.
- Rennaire ac blows cold and holds a charge
- Good paint with recent repaint of hood / bumper with new clear bra
- Excellent interior - everything works
- All records since 94 and three owners
- Doesn't leak, smoke (except start up), or use oil
- I know leakdown and compression are very good

No issues and meticulously maintained in my two years of ownership. Third car of mine but has been a daily driver and I know I will regret selling it (without a doubt it has been my favorite driving car) but here I am. I will try to post a picture tonight if it helps. Thanks for looking.


Last edited by hflynn; 03-10-2010 at 11:58 AM..
Old 03-10-2010, 10:29 AM
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I don't think that's a realistic price, unfortunately. More like $17K, I think.

$19K is the edge of 993 territory, and although they are different cars, buyers may be willing to consider throwing down a little more money for the 'last of the aircooleds.'
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Old 03-10-2010, 11:47 AM
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I'm curious as to what makes you feel that $17 is right? I'm not questioning you - I'm simply curious because it seems that is not what the market is demanding. There are SCs out there demanding $20K nowhere in the same condition as described in the first post by hflynn.
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Old 03-10-2010, 12:05 PM
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But who is buying those $20K SCs? My guess - nobody. Asking prices are irrelevant.
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Old 03-10-2010, 12:46 PM
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Just cause some SC are "demanding" $20K doesn't mean they are selling does it? To me, an example with over 100K miles is not a $20K asking price car.. its a $16-18K car.

The fact that the seller may have spent $5k for a shop to do the recent work, imho, is the cost of ownership. While I might search out a car that has had that work performed, its only a 50cents on the dollar type value to me.

The other pricing challenge is the world of "other" Porsches at that price.. 964s, Boxster S, SC, Carrera, 996s as well. makes a buyers head spin!

as for the OP, I think that its a fair starting/asking price range, but I don't know if the car will sell at that price.

Also need to consider geography.. some cars just don't sell because they are in isolated parts of the country.
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Old 03-10-2010, 12:46 PM
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There are always exceptions, because these are not Chevrolets, they are relatively rare cars with many possible modifications.

There is median market value which on the OP's car I've pegged at $17K. If the OP has a friend who has lusted after the car and appreciates the mods and top end work, something around $20K might make both parties happy. On eBay, where it's a roll of the dice whether a buyer will follow through, that could be a $14K car.

I called it at $17K, because that's what I think it could bring from within the Pelican community.
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Old 03-10-2010, 01:07 PM
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Just as an addendum, I did have a black/black '88 coupe a few years back, myself and this particular car is something I would buy for myself, and consider a relative bargain at current market values. I wouldn't be surprised if it were +10% more valuable in 2-3 years.
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Old 03-10-2010, 01:19 PM
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Fair enough.

I've had a numerous amount of run ins with owners who have motors and transmissions at 185K and are not willing to negotiate even $2000 off. Their original prices were asking $19,500. Not to mention, ripped seats, cracked dashes and no suspension work. In other words, an abused 911.
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Old 03-10-2010, 03:56 PM
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Everyone thinks their car is worth more than it is, including myself, we have such an emotional attachment. Maintenance $$ sunk is irrelevant, they cost money to own but if you expect to get your money back on a tune up, forget it. I just bought an 88 one owner Targa , full docs with 46K , for $22K. So 100K plus without all documentation probably around 15-16.
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Old 03-10-2010, 04:52 PM
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Quote:
Originally Posted by techweenie View Post
I don't think that's a realistic price, unfortunately. More like $17K, I think.

$19K is the edge of 993 territory, and although they are different cars, buyers may be willing to consider throwing down a little more money for the 'last of the aircooleds.'

techweenie, please send me a link to a $19K 993...thanks..
Old 03-10-2010, 07:44 PM
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I don't think you want anything at the lower edge of the price range, but we had a '95 993 coupe here in Los Angeles for sale at $16,500 and it sat for several weeks before selling. Looked good in the pix, but I didn't see it in person.

I PM'd you about a 993 coupe with about $10K in upgrades for $20.5K.

I charge $500 for brokering cars, so if you're serious about finding a $19K 993, let me know and I'll do it.
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Old 03-10-2010, 07:56 PM
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I would definitely list it at $19k and see what happens, mileage is high-ish but it has had the top end rebuild and new clutch. If someone is looking for a blk/blk G-50 coupe they may pay high teens. Personally I would prefer a 120-130k mile car that has had a top end rebuild and clutch over a 90k car that has not had these items done.
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Old 03-11-2010, 10:51 AM
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I have been looking for a car like yours for about a year now, and have seen several that sound like they are in a similar condition to yours. My guess would be about $17K, based on what I have seen. The cars I have seen that are going anywhere close to $20K are lower mileage and in very good shape. I have seen a few cars with similar miles that are re-built sit on the market for months at higher prices and still not sell even at $15-16K, so it is somewhat unpredictable. Overall, I think the average I have seen so far is $16-17K area.
Old 03-13-2010, 06:26 AM
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Thanks everyone both on and off the board. I think $18.5 is a reasonable starting price given the current market. Might not sell immediately but if patient I think I will get close to that number (and someone will end up with a great car).

Side note I would rather be a buyer than a seller right now and I do think there is a possibility of appreciation in the future (at least enough to cover the cost of ownership given the right car).
Old 03-13-2010, 04:13 PM
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PM Sent

looking for a G50 Coupe, left you a PM
Old 03-14-2010, 11:30 AM
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A few pictures for those that are interested




Old 03-20-2010, 03:04 PM
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If it had less than 100K miles, I think 18-19K would be gotten, maybe a few dollars more if you could find the right buyer.

I think you might be able to get that even with 124K miles on it, if you clean it up well and market it well. Black/black is popular, it's a G50 car, and the top end job and clutch, etc. are a plus (assuming it was done by a good shop and you have the docs).

I think if you list it at 19K you'll get a buyer at a price you're happy with.
Old 03-20-2010, 09:38 PM
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Quote:
Originally Posted by hflynn View Post
1988 sunroof coupe
This is probably OT ... but I'm always a bit puzzled when I see these later 911 cars advertised as "sunroof" coupes. They ALL had sunroofs AFAIK. Might as well describe them as "steering wheel" coupes. They all had steering wheels too.

Anyway, the car would be worth more (IMHO) if it DID NOT have a sunroof.

ps I'm not a big fan of sunroofs. They're good for nothin'.
Old 04-02-2010, 05:02 PM
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The inclusion of "sunroof" isn't intended to add value, or act as an enticement, it is meant to be descriptive. Sunroof delete cars add value, mine doesn't have that benefit, that is the point. Honestly, I am not sure if g50 cars were produced without them but I know earlier cars were and to avoid confusion it is included in the title.

As a side note the car sold. I had three offers on the same day, all reasonable and from this forum. I priced the car on the high end of the posted range and got full asking. I do wonder if the market is as soft as some would like to think.
Old 04-02-2010, 05:55 PM
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Congratulations on the sale. It looks like a very nice car.


Last edited by dave m; 04-03-2010 at 04:43 AM..
Old 04-03-2010, 04:40 AM
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