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First, you have to understand that it's a used car. A used car, ANY used car is a bunch of assumptions and a bunch of unknowns. There is NEVER any guarantee, it is always a crapshoot to one degree or another. Thorough knowledge of the model you're considering and a PPI slightly tilts the odds in your favor, nothing more.
A PPI isn't a standard thing, different people perform different tests, and different tests differently. It's always a 'What's wrong with this car' inspection and the mechanic generally approaches it from this viewpoint.
As mentioned, a compression and leakdown test is good to have, if nothing else, it's a baseline from which to draw other conclusions. Is it absolutely necessary? Some say yes, others no, especially if the car drives well.
It leaks oil - they all do, some leaks are better (read cheaper to correct) than others.
Shifts OK - OK means OK, it doesn't mean perfect, but it is also somewhat subjective. How did the shifting feel to you? Eventually, as in all cars, it will need attention if you keep the car long enough.
It needs tires - consumables.
It needs shocks - consumables.
It will need brakes - consumables.
The summary says the car is very clean and drives well. There is nothing much out of the ordinary given the mileage and age.
But there another component too. Every used car is a good deal... at a certain price. This car is a fantastic deal for $1,000 and not such a great deal at $35k.
How much had you planned to spend on making the car perfect after you buy it? You always need to have a contingency fund in addition to the purchase price when buying a performance/exotic.
On the face of it, it seems like a decent car if you get it for a good price. Are you up on current prices? Where does this car fit within those prices? Is it high? If so, is it a better car than the avergae ones out there? Is it lower? Is it a lesser car than the avg. ones out there?
Do you believe the PPI was thorough? Do you like the car? Does it drive well? Is it offered at a fair price? What are your plans for the car (as you see them right now) - Longterm ownership or just 3-5 yrs.? Do you want a 'driver' or a perfect car? Is this the 1st (or only) Turbo you've looked at? You really need to look at several and not jump on the 1st one unless you're VERY experienced with this model.
In the end, it all boils down to you and your own judgement. Good Luck!
Cheers!
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1990 964 C4 Cabriolet
1990 BMW E30 325is
1976 BMW 2002 - www.2002s.net
1985 Lotus Turbo Esprit
1971 Datsun 240Z (orig. owner - 20k mi.)
Last edited by Lil bastard; 12-05-2010 at 09:19 AM..
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