Discussion
Would appreciate others views on the value of a car I've just had inspected by Porsche specialist.
1988, 3.2 Sport Coupe, RHD, genuine 67K miles, perfect history with all bills with invoices from day one, no accident damage, only 2 rust spots on whole car (bumpers), perfect interior, but has leaking rear crank oil seal (minor at the moment) and needs about £800 spent on wear and tear odds and sods (front pads + disks, inner CV joint, front dampers, rocker gaskets). Also has a slightly weak 3rd gear syncro (again, minor at the moment).
Any help with views on what it's worth? It is a private sale and I think the owner is being a bit rose tinted with the valuation following the report (or maybe I'm just tight)!
1988, 3.2 Sport Coupe, RHD, genuine 67K miles, perfect history with all bills with invoices from day one, no accident damage, only 2 rust spots on whole car (bumpers), perfect interior, but has leaking rear crank oil seal (minor at the moment) and needs about £800 spent on wear and tear odds and sods (front pads + disks, inner CV joint, front dampers, rocker gaskets). Also has a slightly weak 3rd gear syncro (again, minor at the moment).
Any help with views on what it's worth? It is a private sale and I think the owner is being a bit rose tinted with the valuation following the report (or maybe I'm just tight)!
Edited by Carrera 3.2 on Tuesday 20th June 23:22
Edited by Carrera 3.2 on Tuesday 20th June 23:25
The colour is white and the owner wants 16K without the bits done. Which, to me, makes it an expensive 3.2. Most of the ads I've seen for late 3.2's are in the 15K-20K range. With this particular car, all of the fundamentals of buying an old 911 are perfect - i.e. almost zero rust, no accidents, clear history with every bill, long ownership. It just has a few mechanical warts.
Thanks for the trade view POORCARDEALER :-)
Thanks for the trade view POORCARDEALER :-)
And it is in the most desirable colour of course
I was very lucky with mine as the owner a) needed to sell and b) I don't think he realised just what a belter of a car he had.
Mine is just over 90k miles, 88, full history, lovely condition inside and out with just a couple of minor bubbles starting on the drivers door shut/b-post area. Mechanically perfect. It has also been chipped or tweaked somewhere in it's life as it does a GPS verified 155mph and gets there pretty damn quick too.
So, to get to the point, mine has 25k more miles than yours, but does not meed the mechanical work that yours does. I would estimate that mine would be worth £15k without the plate. So yours at £16k less a contribution allowing for the work doesn't sound too far off the mark.
Good choice of daily hack by the way - I do like those ZTs
Out of interest, you say that most of the ones that you have seen are £15-20k, so if yours is nearly perfect, why do you consider £16k to be so expensive? Just wondered ... although realistically, I personally have not seen any 3.2s for more than £17k.
I was very lucky with mine as the owner a) needed to sell and b) I don't think he realised just what a belter of a car he had.
Mine is just over 90k miles, 88, full history, lovely condition inside and out with just a couple of minor bubbles starting on the drivers door shut/b-post area. Mechanically perfect. It has also been chipped or tweaked somewhere in it's life as it does a GPS verified 155mph and gets there pretty damn quick too.
So, to get to the point, mine has 25k more miles than yours, but does not meed the mechanical work that yours does. I would estimate that mine would be worth £15k without the plate. So yours at £16k less a contribution allowing for the work doesn't sound too far off the mark.
Good choice of daily hack by the way - I do like those ZTs
Out of interest, you say that most of the ones that you have seen are £15-20k, so if yours is nearly perfect, why do you consider £16k to be so expensive? Just wondered ... although realistically, I personally have not seen any 3.2s for more than £17k.
Edited by burriana on Wednesday 21st June 13:47
burriana said:
Out of interest, you say that most of the ones that you have seen are £15-20k, so if yours is nearly perfect, why do you consider £16k to be so expensive? Just wondered ... although realistically, I personally have not seen any 3.2s for more than £17k.
Thanks for another view burriana and the shots of your 911 - nice! Only reason for thinking the car at 16K is expensive is because of the cost of the mechanical work that needs doing is about £800 and then MAY also need the rear crank oil seal attending to, which is an engine out job.
I'll have a word later today with the owner and see if we can agree a way forward.
To pluck a figure out of the air based on what youve said re condition / history / colour / work required etc, I would be looking to pay no more than say £13500 - £14000 private.
BUT, if its the car you want then its probably worth bunging the few extra quid to say 'YOU OWN IT'...
Enjoy!!!
Dom
BUT, if its the car you want then its probably worth bunging the few extra quid to say 'YOU OWN IT'...
Enjoy!!!
Dom
Actually, I have to say that you're in a good position to negotiate. Whilst a good 3.2 is definitely worth £16k, there are a lot out there at the moment and not a lot of interest - I've been trying to sell mine.
If I were you I'd look at a few others before spending £16k on this one. You might save a few quid.
If I were you I'd look at a few others before spending £16k on this one. You might save a few quid.
Have a look on www.northwayporsche.co.uk in the aircooled section. Looks like he has just got in an 88 3.2 coupe that sounds similar to your private sale one.
As some have said..... You have to judge it on the basis of viewing the car directly.
Something is fishy about that first description though.
Something in me says that at this sort of age, I'd rather find a car with a bit of proper rust on it. The thing is that specialist indies, think nothing of "dusting" a three year old car to "rejuvinate it". You can hide all manner of ills if you try.
People looking for an old car, generally are looking for one that only needs mechanical work. Usually they need bodywork and not mechanical work. Seems a bit too convenient to find just that! Allright the miles are low, but even if they are genuine, it's at the sort of mileage where things start to go wrong!
The other thing is that the car really needs to look as close to standard as possible. This ethos extends from the top to the bottom big and small. If it was supposed to have a spoiler, then a spoiler it should have. The carrera must have the carrera spoiler and not the turbo. It must have the right wheels, and you have to ditch the Porsche dust covers on the tyre valves. The right sort of steering wheel, the right type of gearknob.
Not working or minor damage or wear, is actually less important than the right components being present.
The only thing in that doesn't matter is the radio, and possibly the toolkit/compressor.
Avoid fancy exhausts..... you get the idea!
What you really want to avoid, is someones modified 80's posemobile, that has gradually become a "bitsa" as people have tried to return it to standard!
Something is fishy about that first description though.
Something in me says that at this sort of age, I'd rather find a car with a bit of proper rust on it. The thing is that specialist indies, think nothing of "dusting" a three year old car to "rejuvinate it". You can hide all manner of ills if you try.
People looking for an old car, generally are looking for one that only needs mechanical work. Usually they need bodywork and not mechanical work. Seems a bit too convenient to find just that! Allright the miles are low, but even if they are genuine, it's at the sort of mileage where things start to go wrong!
The other thing is that the car really needs to look as close to standard as possible. This ethos extends from the top to the bottom big and small. If it was supposed to have a spoiler, then a spoiler it should have. The carrera must have the carrera spoiler and not the turbo. It must have the right wheels, and you have to ditch the Porsche dust covers on the tyre valves. The right sort of steering wheel, the right type of gearknob.
Not working or minor damage or wear, is actually less important than the right components being present.
The only thing in that doesn't matter is the radio, and possibly the toolkit/compressor.
Avoid fancy exhausts..... you get the idea!
What you really want to avoid, is someones modified 80's posemobile, that has gradually become a "bitsa" as people have tried to return it to standard!
Edited by dilbert on Wednesday 21st June 23:46
iguana said:
Nice low miles for resale, but poorcardealer £16k private sale? thats v strong money no?
There is a real gap between the average 3.2 G50 Coupes at circa £12K and REALLY nice cars at the £16K ish mark, I spent time last month trying to find a really nice 3.2 for a customer, customer had spent two months looking........I ended up buying a 89 car in black with 60K miles which I gave £16500 TRADE for.........that car in a spcialist was at least £20K retail.......I think if you own a nice 3.2 if you wait long enough someone who is fed up at looking at average cars will pay the money...the best cars always sell if your patient.
Iguana what I would say is there are many average cars been sold by owners at upper asking prices that are really £10-12K at best.
Deal done.
Following further discussions with the Porsche specialist that carried out the inspection, the owner and I have come to an agreement on price that we're both happy with. The specialist concurred, it would be very very difficult to find a more original 3.2 in this condition for the money.
Thanks for all the advice and opinion - it has been a good balance and reference while this deal has brewed over the past week - I really do thank you for the time you've taken to help out.
Right then, now time to forget about the price now and enjoy the bloody thing.
Thanks once again Pistonheaders...
Following further discussions with the Porsche specialist that carried out the inspection, the owner and I have come to an agreement on price that we're both happy with. The specialist concurred, it would be very very difficult to find a more original 3.2 in this condition for the money.
Thanks for all the advice and opinion - it has been a good balance and reference while this deal has brewed over the past week - I really do thank you for the time you've taken to help out.
Right then, now time to forget about the price now and enjoy the bloody thing.
Thanks once again Pistonheaders...
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