Quote:
Originally Posted by Bassalt997tt
So, is everyone else, other than Christian, in agreement about 42-44k? That's actually where I was comfortable initially, but he is really stuck on 47k.
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For what it's worth here is my story and opinion. I've been a muscle car guy all my life and still have my first car a '69 Road Runner that I bought in 1980 when I was 16. From then until now there has been a lot of buying, selling and some keeping. Even back then I always lusted after a 911. Last month I bought my first, a 1988 80,000 mile Sunroof coupe with factory spoiler package, alarm, limited slip, and extra cost nougat brown paint, etc. I bought this car from the original owner who loved it and it really showed. Beautiful original paint, 4 rock chips all repaired by me and only one still noticeable. I had a PPI done and the leak down numbers were 2% and under. Seller was a mechanic and maintained the car to the highest degree. Clutch was replaced 6 months before I bought it, one oil line was seeping and that was replaced before I picked it up. This was a rare find (based on it's condition) and I knew it.
I also watched the 911 prices explode and I thought I missed out, then I watched them come back down (not as much as I hoped). I clearly remember watching the same thing in the muscle car market back in the 90's. Since that time there has been ups and downs, but the falls never went back to the previous low levels. Based on what I witnessed with muscle cars I decided to get serious about finding my 911. So I looked for 8 months until I found this car. I wanted to pay high 30's with a max of $40k. Their asking price was $49k and I offered $40k (in my mind ready to go to $42). I had some previous data and stories of cars I missed out on, so I thought my number was reasonable. They told me they turned down an offer of $43k. We had a nice chat and I told them I would give it some thought and call them in a few days. On my flight home I started thinking about some of the really good muscle cars I had passed up over a couple thousand (even a couple hundred) dollars and the later regret because of the way the values climbed.
Did I want to let this car slip away? No. So I called the owners a couple days later and asked if they would accept $44k, Inside I was ex-tactic when they said yes. To this day I couldn't tell you what I would have done if they wanted more. Initially I didn't want to go to $44k but I also didn't want to repeat some of my previous mistakes.
Back in June my 16 year old daughter and I flew out to pick up the car and drive it home 5 hours. It was my best car buying experience ever and this car is a keeper. Part of me is mad for not buying one of these before the bubble but then I wouldn't have this car or met and gotten to know the previous owners.
Here's some perspective for the future. I clearly remember watching muscle cars go up and how ridiculous I thought it was when people were paying $45,000 to 6 figures for Road Runners when they made over 80,000 of them in 1969 alone. Then I hear long time Porsche guys say SC's and Carrera's will never be collectible because they made too many. That's like saying 65-66 Mustangs aren't collectible because they made to many.
I'm just glad I got my 911 before the next run up. Popularity of cars are based on demographics. I'm in my early 50's and I just bought my dream car from when I was in my 20's. As time goes on more and more guys my age will have the disposable income to get their 1980's dream car, whatever it is.
Sorry to be so long winded, I hope this helps in your decision making process. Don't miss out on a good one over a couple thousand dollars if you can afford it.