Hi fellow Pelicans,
I need your advice on this:
I am in the market for a 1973.5T Targa and found a promising one, it even happens to be local to where I live. Took it for a test drive and it feels pretty solid, engine pulls strong and all gears shift smoothly. It does leak some oil, and after the test drive I could easily smell burnt oil in the air around the car.
The interior is in pretty good shape - except for missing door pockets (aftermarket speakers) and an aftermarket stereo. Dash is in very good condition with one tiny crack. 5 Fuchs wheels in great condition. Owner's manual + tool kit come with the car.
Here's what I know of the car:
- Current mileage on odometer is 124k mls (since engine replacement in 1990). Prior mileage unknown.
- New fuel tank + fuel lines in 2008, 122k mls
- New carpets in 2008, 122k mls
- New oil lines in 2008, 122k mls
- New shifter + coupling in 2008, 122k mls
- New front + rear brake pads in 2008, 122k mls
- New turbo tie rods in 2008, 122k mls
- New spring plates in 2008, 122k mls
- PPI from current owner in 2005: Compression @ 135/140/144/120/130/131; leakdown 3/2/2/15/6/3. Bought the car with 122k mls on odometer.
- New front + rear shocks, sway bar bushings in 2003
- Complete bare metal strip, professional repaint in orig color (detailed photo documentation) and all-new trim in 2001
- 90k mls on odo in 1999
- New timing chains + cam shafts in 1995
- Replacement engine (2.7) in 1990 (engine with unknown previous mileage) - odo set to 0
- Airbox pop-off valve in 1990
- Oil-fed chain tensioners in 1985
- No evidence of prior accidents.
- No evidence of transmission rebuild.
- No evidence of rust.
So, my question is: What's your ballpark number for this car??
Of course a PPI will be my next step to figure out any potential (hidden) issues, but I'd like to get a feeling if the asking price is in the right ballpark or not (taking into account the replacement engine with unkown mileage, which makes it a non-numbers matching car).
I appreciate your input and thoughts.
