1988 targa G50 sleeper

[nixtfy]

Hey Guys,
Fair number? On of my Childhood best friends.(43 years). He has been looking for his Porsche and has an interest in my car. After owning it for 5 years. I drive it less and less. My brother and I share some cars

What’s a fair number? My intention is to get a fair value and work him a good deal. I would of course get first right to buy it back.


1984 ROW 3.3L Turbo motor with 1 bar spring; 4-5% leak down.
144,000 miles on car.
ROW euro motor ..Sadly from a 1984 slant nose got a LS1 Swap
300 h.p. vs. U.S 282 h.p.
410 torque
K27 turbo
G50 Transmission. Earlier turbo transmissions 4 spd.
Eisenbud’s of Denver has maintained the car since 1995.
Eisenbuds installed the 3.3L turbo motor 20,000 miles ago.
Paint near perfect ( chip on driver door edge, 2 rock chips) no dings!
Leather seats in good shape
Top rebuilt by Dave Brown
Brand New tires on 16” x 7” and 16” x 9” wheels
Stereo system is a little much focal speakers, 2 alpine amps, subwoofer.
Maintenance inspection, oil changes, and transmission service up to date.
No deferred maintenance.

Only items to sell it would be a fresh detail in the engine bay and underside.

Thanks guys…

He plans to take it for a few days and we will see if it works.

[NYNick]

My Lord, what a car!
Obviously the originality hurts but the engine helps. IDK, $55K-65K?

[Matt Monson]

Originally Posted by NYNick

My Lord, what a car!
Obviously the originality hurts but the engine helps. IDK, $55K-65K?

I dunno. I think that’s what this car would be without the engine. I’d go another $20k higher given that real 930 targas are kind of rare.

[2.7RS]

30k for engine
10k for tranny
15-20 for a clean roller.......

60 ish

[Bucketlist]

I'll go with Matt on this since i'm bias and own something similar. It all depends on how eager you are to sell and whether you are lucky enough to find a motivated buyer or two.

[Matt Monson]

Originally Posted by 2.7RS

30k for engine
10k for tranny
15-20 for a clean roller.......

60 ish

You’re going to spend another 5 figures putting your car back together.

Seller is a known entity here in Colorado. This car doesn’t have needs.

[NYNick]

It's a cool car no doubt, but people and their ridiculous commitment to originality can hurt its broader market appeal. I personally agree it's worth more than an original G50, but not everybody will.

And let's not forget he wants to sell it to his best buddy at a "fair" price. That alone should knock the price down a bit. Personally I'd be hard pressed to tell my best bud the price is $85K.

[nixtfy]

Originally Posted by NYNick

It's a cool car no doubt, but people and their ridiculous commitment to originality can hurt its broader market appeal. I personally agree it's worth more than an original G50, but not everybody will.

And let's not forget he wants to sell it to his best buddy at a "fair" price. That alone should knock the price down a bit. Personally I'd be hard pressed to tell my best bud the price is $85K.

85k is what you tell the flippers…

I think for his first Porsche he would be 99% happy.
Reliability
Best parts from a G body
He likes targas/convertibles
He likes all turbos….Saabs, Audi, Volvo.
He likes music

One worry is he might wrap it around a tree.

[Matt Monson]

Originally Posted by NYNick

It's a cool car no doubt, but people and their ridiculous commitment to originality can hurt its broader market appeal. I personally agree it's worth more than an original G50, but not everybody will.

And let's not forget he wants to sell it to his best buddy at a "fair" price. That alone should knock the price down a bit. Personally I'd be hard pressed to tell my best bud the price is $85K.

I read his post asking for what is full market and he would then determine buddy price. I don’t know how close they are or what kind of deal he will offer his friend.

[Mocker]

Agree with NYN; this isn't a profit-maximizing exercise. The friendly deal price begins with a "5."

[NYNick]

Originally Posted by Matt Monson

I read his post asking for what is full market and he would then determine buddy price. I don’t know how close they are or what kind of deal he will offer his friend.

Gotcha. Sounds to me like he already has a buddy price in mind anyway.

[nixtfy]

Originally Posted by NYNick

Gotcha. Sounds to me like he already has a buddy price in mind anyway.

Yes I did….I don’t want to take him. I also don’t want him to hem and haw about the price being high. I wanted to assure him he won’t lose much money on a Porsche

Why I posted the fair price thread. One from fellow pelicanites

[cassisrot]

Eisenbud’s is a plus. Like Mayo down here you know it’s been taken care of by people who know what they are doing. Adding a turbo in Colorado makes mountain driving much more enjoyable. One loses 3% hp for every 1000’ feet of elevation. A turbo might not get all of that back, but it sure helps passing flatlander Hondas. I’d guess it’s worth at least 75k, maybe 80. Good luck with it.

[Rick Brooklyn]

I think at $60k it would be gone in one day.

It's not original but it's not a cream puff swb, where it understandably kills the value.

Also it's modded but they're basic common sense mods, not goofy nosebleed interior bits and tacky body parts.

I'm very much a purist and dislike mods 9 times out of 10, but if I had $60k to spare I'd be all over this car.

[RarlyL8]

10 years ago that was a $20,000 car.
You'll be selling your friend an appreciating asset at below market cost. Be mentally prepared for him to flip it at some point. That said, a fair price for a friend would be the going rate for an '88 Targa with no mods. It's hard to put a value on mods so that eliminates the question.

[Matt Monson]

Originally Posted by RarlyL8

10 years ago that was a $20,000 car.
You'll be selling your friend an appreciating asset at below market cost. Be mentally prepared for him to flip it at some point. That said, a fair price for a friend would be the going rate for an '88 Targa with no mods. It's hard to put a value on mods so that eliminates the question.

That's where I would sell it if it were my car. And when I give a good deal to a buddy I ask for a couple year first right of refusal at the same price I sold it to them.