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DCinVA's Avatar
 
Join Date: Apr 2007
Location: Fairfax Va
Posts: 350
Fair market value 89 targa 20k miles

I need a bit of help valuing a car that I am looking at.

1989 911 targa
20k miles
near perfect condition
bbs wheels (I dont like them)
color is grey metallic (very nice color)
Clean Carfax
one owner

I know Targas are less desireable than coupes, but I really like to ride with the top removed.

I have not had a PPI yet, and I know the offer price will need to be based on good PPI results.

But, having said all that, assuming the PPI turns out OK, what is fair market value for this car.

Thanks for your guidance.

Dave

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2014 Cayman S (Awesome car!)
1991 911 Carerra (Semi Refined fun)
1986 911 Carrerra (Raw fun) sold
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Old 02-08-2011, 07:32 AM
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Join Date: Aug 2008
Location: Atlanta
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I would guess around 30k assuming the car is imaculate, orignal and has its fuchs. I think the top end dealers such as Sloan would try and get 40k or maybe even higher. Its the best year, very low miles and 1 owner so pretty hard to duplicate.
Old 02-08-2011, 02:34 PM
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Location: Kennewick, WA
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Hard to find...

an '89 with 20k miles. I'm not sure of your intentions with the car, but much of the value is in the low miles. If you drive it, say 2-3k miles a year, it will probably lose quite a bit of its value in a few years. I kinda feel sorry for these low mile cars in a way. I'm glad a few pop up here and there just so enthusiasts can see an original version so they know how the stickers, paint marks, etc., are really done at the factory. It's impossible to duplicate, the last of the old chassis 911's, and probably $50k cheaper than a new base 911.

The only detractor I see is the loss of the Fuchs - the 9" rears alone are probably $1500.00 if you can find a nice set. I remember JW talking about quite a few people dumping the Fuchs for BBS rims in the 80's - too many drugs I guess!

If it really is a mint 20k mile original, I'd second the $30k start point, maybe if it had the original Fuchs $33k - $35k. I would scrutinize the paperwork closely. These old 911's have high quality interior/exterior finishes that hold up well. It's relatively easy to have a 50k - 60k mile car with a disconnected odometer show like a 20k mile one, especially if the original wheels/tires are gone.
Old 02-08-2011, 08:14 PM
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Trussville, Alabama
 
Join Date: Jun 2006
Location: Trussville, Alabama
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Just as a point of reference i know a similar car just sold for 31.5k in Atlanta.
Old 02-09-2011, 04:08 PM
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Thanks guys,

30k is about where I had placed the value well. I am hoping to see the car this weekend, I will keep you posted.

Thanks again !

Dave
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2014 Cayman S (Awesome car!)
1991 911 Carerra (Semi Refined fun)
1986 911 Carrerra (Raw fun) sold
2001 Boxster S (Refined fun) sold
Old 02-10-2011, 01:54 AM
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just my .02 cents but for that kind of change I'd prefer to be looking at a newer C2 964 or
even 993 ...
Big difference in ride ,comfort and engine, but thats just me ;-) Bert

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Old 02-11-2011, 07:42 PM
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