[Cobalt]

Originally Posted by Lil bastard

I don't have a single disagreement with your post, with the possible exception of how many '92 turbos were for sale at that particular time?

Four years later, not only is the car is 4 yrs. older, but the economy is not as good, in fact, it's an Obamanation.

I suspect there are many more examples on the block today, which of course, weakens their price integrity.

Cheers!

considering only 225 1992 964 turbos were produced for the US having a number for sale at one time is usually rare. We have seen a slow rise in the 964 turbo 3.3's over the past few years. There are very few clean cars left. Mostly the 3.6Turbos were commanding a premium and the 3.3's were drivers and track cars. So when a clean 3.3 comes along grab it if it is what you want.

My comment on the PPI is it is poorly written and sloppy not telling you much info. The comment about Compression/leakdown all under 10% scares me. I don't think the mechanic doing the job is honest or knowledgeable and is just pointing out the obvious. Most qualified shops will insist on pulling the engine to do a proper leak down and compression test. If he did the test what are the actual numbers per cylinder? This is costly but worth doing. Did he check for respray or just cosmetic condition. Original paint on an original car makes a difference in price. Depending on what is actually leaking you could be looking at anywhere from $650 to $6500 or more. Shocks if original will need replacing, leaking or not.

Otherwise it looks like a nice clean example with sport seats in your basic desirable color combination. I agree $38-40k is a fair price if the car proves to be clean adjust for actual repairs and don't look back. These cars are becoming apples to oranges comparison in condition and if you pass on a nice car for a few $k than you might find you don't find another or end up spending more in repairs than you saved.