Help with an 88 911sc

Bassalt997tt · 07-20-2017, 07:14 AM

I started looking at at air cooled porsches 6-7 years ago and nearly scored a sweet '88 all original with 40k on the clock from a freind of the family for under $25k. It's a long and sad story, but that didn't work out but I was bitten by the bug and watched the used market up to about 2-3 years ago when similar cars were going for $60-70k. I Guess you could say I gave up at those prices

Fast forward to last week.. I called up my old porsche mechanic to say high and visit... guess what he has? An 88' red over black sc in #1 all original condition (except for the radio). Even have original wheel locks. This one has 94k mile and a "whale tail", which I like from the era. It's a 2 owner car (last 28 with one owner) and spent its life in a climate controlled garage in a vacation lake community. No scratches, dents, rock chips remarkably.

So, the question is.. how much has the market cooled on these cars. What should I expect to pay for a top condition 88' with 94k miles? I'll try to post some pics later.

Cevan · 07-20-2017, 07:41 AM

94,000 miles and no rock chips? I seriously doubt the paint on the hood or bumper is original.

Bassalt997tt · 07-20-2017, 07:47 AM

Bassalt997tt · 07-20-2017, 07:49 AM

Quote:

Originally Posted by Cevan

94,000 miles and no rock chips? I seriously doubt the paint on the hood or bumper is original.

I said the same thing, but the paint gage and expert who is a friend and worked on these cars his whole life says differently lol. If it really did spend its life loping around Horseshoe Bay Texas on the weekends, I could believe it... maybe.

christiandk · christiandk's Garage

Looks nice and honest. It all checks out and it has full history I'd say 40k give or take.

No such thing as an 88 SC though

Matt Monson · 07-20-2017, 07:57 AM

I'd say $45-50k. That's a nice car.

christiandk · christiandk's Garage

Red on black (no sexual or race related pun intended) - super classy 80s style. Love it!

Bassalt997tt · 07-20-2017, 08:01 AM

Quote:

Originally Posted by christiandk

Looks nice and honest. It all checks out and it has full history I'd say 40k give or take.

No such thing as an 88 SC though

I get that. Just calling it a "sunroof coupe" then. I think my friend bought this car based on 2 year ago prices and actually turned down $47k on it last fall. Since he is a mechanic, has been through the car, checked the engine/mechanical stuff, changed brakes/rotors/fluids and I know/trust him... I felt low to mid 40s maybe. I'm troubled at $47k, which is what he wants now. Last fall, he wanted $52k. Thank you for comments and advice.

NYNick · NYNick's Garage

Better read up. That's an 88 G50 Carrera with the desirable 3.2. Worth more than the earlier SC's.
And move fast. Cars like that don't sit around once on the market. Make sure someone does a full going over first.
$47K is a lot of money. G50 coupes are cool cars.

Good luck.

christiandk · christiandk's Garage

We are in a bubble - Anything more than 40 is too much imo.

Good luck!

NYNick · NYNick's Garage

Quote:

Originally Posted by christiandk

We are in a bubble - Anything more than 40 is too much imo.

Good luck!

....annnnnnddddd he's back. Hello Christian!

Bassalt997tt · 07-20-2017, 08:13 AM

Quote:

Originally Posted by NYNick

Better read up. That's an 88 G50 Carrera with the desirable 3.2. Worth more than the earlier SC's.
And move fast. Cars like that don't sit around once on the market. Make sure someone does a full going over first.
$47K is a lot of money. G50 coupes are cool cars.

Good luck.

I'm aware of the G50 from 87-89, have driven a few and know how desirable an 88-89 is. I should just correct the original post and call it a "sunroof coupe", rather then a cab or targa. A few years ago, when I gave up, a car like this would be $50-60k. I feel like the current market, which admittedly I've only been back in for a week, has softened. Thanks again for the opinions

It's all very helpful and I love this forum.

Matt Monson · 07-20-2017, 08:19 AM

The market has softened. 12-18 months ago I would have said $55-60k.

Bassalt997tt · 07-20-2017, 08:31 AM

Quote:

Originally Posted by Matt Monson

The market has softened. 12-18 months ago I would have said $55-60k.

... and that was my friend's thought when he took this car in... but times have changed, which has me back interested in the g50 911. Do you have any opinion on what you would offer/pay for this 88'? I'll add that the clutch was replaced at 88k, the AC works well and compression/leakdown was perfect. No oil leaks at all.

christiandk · christiandk's Garage

Quote:

Originally Posted by NYNick

....annnnnnddddd he's back. Hello Christian!

Hi Nick - missed me much?

christiandk · christiandk's Garage

Quote:

Originally Posted by Matt Monson

The market has softened. 12-18 months ago I would have said $55-60k.

No way, Matt! For a G50 with 100k on the clock?

Bassalt997tt · 07-20-2017, 09:18 AM

Quote:

Originally Posted by christiandk

No way, Matt! For a G50 with 100k on the clock?

The way I see it, it looks nice enough to take to car shows, qualifies for antique plates/insurance and has enough miles that I won't have to feel bad about driving it. I just have to figure out what is reasonable to pay...?

christiandk · christiandk's Garage

Quote:

Originally Posted by Bassalt997tt

The way I see it, it looks nice enough to take to car shows, qualifies for antique plates/insurance and has enough miles that I won't have to feel bad about driving it. I just have to figure out what is reasonable to pay...?

That is a good take on it! Best of luck!

Please report back on your decision.

Mehoff · Mehoff's Garage

He'll get $42k for the car quickly if he puts it on the market. Split the kitty with him, move up to $44k and get the deal done.

He's taking less than he wants and you're paying slightly more than the car is worth. In 5 months you won't give a s$*t about the "extra" $2k.

Get a very thorough PPI.

Bassalt997tt · 10:34 AM

Quote:

Originally Posted by Mehoff

He'll get $42k for the car quickly if he puts it on the market. Split the kitty with him, move up to $44k and get the deal done.

He's taking less than he wants and you're paying slightly more than the car is worth. In 5 months you won't give a s$*t about the "extra" $2k.

Get a very thorough PPI.

LOL, this is the guy I would use for a PPI and have in the past. and have sent others to him for PPI in the past. He's the seller, but I know where to find him if there's an issue

He also picked up a 68t during the market high and is about to finish up a concours level resoration on it. Timing on both cars not good for him and I do feel bad. I really want the 68, but with little kids in the house and a wife that could give 2 ****s about my cars, I think it would be an issue to have something that nice around... though currently have a mclaren 650s spider, 69 camaro ss vert and a shelby gt350 out there now along with some nice bikes. The shelby sits closest to house traffic and sure enough, gets more rash in the garage than out on the street