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I paid $12,500 for my '87 Carrera. It had 224k miles on the odometer, a 10 foot paint job, slightly tired interior (but presentable).
I had a PPI done which identified what looks to be a sound motor with lots of life left, great transmission, spotless underbody, zero rust, and just a great drive. Second day it had $1k out into it to do turbo tie rods, CV joints, oil change, and a couple of other things. I have tinkered with a bunch of little things in the garage as well. All together I am still under $15k.
I have put 2,000 miles on it (in about 7 weeks) and love every SECOND I am in this car. I bought it to drive it hard and really experience it, and I have been happier than a mental patient with a butterfly net.
My advice to you PML is to STOP READING, STOP POSTING, AND GO OUT AND BUY ONE. Since you clearly have analysis paralysis, put a time limit on it. Give yourself 2 weeks to pick one from the many available, and just buy one..it is all a risk, and if you are not a risk taker, drop the idea completely. If you are a risk taker, then just buy one already. This is too much effort for you to be putting into the research phase.
While you have been over-analyzing, I have been driving mine and am thrilled every day.
And I have owned MANY sports cars, and I know the risk. You say you know the risk as well.. So just do it then...??
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