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You may have a decent car there. It sounds like the necessary upgrades have been done and if a PPI check out, a car that will serve you well. That being said I wouldn't pay over 10K for it. You may want to check it it has a factory external cooler. Mine came with a trombone cooler that so far keeps the car cool. If you do a search for mid-year cars and reliabilty you will probably finds some threads with useful info.
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1977 911S 2.7
GruppeB #036
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