Value of a 1989 Turbo II?
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Value of a 1989 Turbo II?
Thinking about getting into the FC life. I'm looking at a original red Turbo II. They are asking $7,000 OBO. Looks pretty clean, engine reportedly rebuilt 3K miles ago. Interior looks stock. It's running on a stock turbo, has FEAL 441 coilovers, has AC, PS, everything stated in working condition. Microtech LT-10S ECU, 3in down pipe, street ported exhaust port, makes 265 whp. Only rust is on the fender from the old wheels scrapping off some paint and rusting, idk. Sunroof mechanism rebuilt and working.
I know its hard to judge a specific vehicle value; so, what is a typical range for a running original Turbo ii in the Florida area?
Thanks!!
I know its hard to judge a specific vehicle value; so, what is a typical range for a running original Turbo ii in the Florida area?
Thanks!!
#2
rotorhole
sounds pretty much about right on the nose in price, if anything maybe even a little low if there is documents for the engine from a non suck builder.
the major contributor being a florida car is going to be the extensiveness of the rust. it can be treated but often by the time you see it it's too late to save the component that it is rotting through. so that's going to be the point for where you determine if it has major rust issues or not, and those will put major dings in the price.
the value of these cars is going up and the S5 turbo models are highly sought after and can easily fetch over $10k now if clean and relatively untouched(this one is taking a hit in that department otherwise depending on mileage it could have been worth even more).
personally i don't even put a lot of weight on the mileage of these cars to determine their price, i've seen low mile cars thrashed and ive seen very high mile cars that were meticulously maintained. anything below 50k miles now though, with condition to match is going to fetch premiums, with the higher premium to anything with less than 30k miles which is extremely rare and potentially could net a cost of closer to $15-20k.
the major contributor being a florida car is going to be the extensiveness of the rust. it can be treated but often by the time you see it it's too late to save the component that it is rotting through. so that's going to be the point for where you determine if it has major rust issues or not, and those will put major dings in the price.
the value of these cars is going up and the S5 turbo models are highly sought after and can easily fetch over $10k now if clean and relatively untouched(this one is taking a hit in that department otherwise depending on mileage it could have been worth even more).
personally i don't even put a lot of weight on the mileage of these cars to determine their price, i've seen low mile cars thrashed and ive seen very high mile cars that were meticulously maintained. anything below 50k miles now though, with condition to match is going to fetch premiums, with the higher premium to anything with less than 30k miles which is extremely rare and potentially could net a cost of closer to $15-20k.
Last edited by insightful; 01-02-18 at 10:31 PM.
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Thanks for the reply. I haven't personally seen it but he said he rebuilt the motor himself, not sure of his experience level but kind of made me nervous. He also mentioned the paint job wasn't that great. Decisions, decisions...
#4
I'll 2nd insightful's comments. I'm in AZ and recently paid $5K for an '88 convertible with little over 100K miles and a pretty solid interior. All receipts showed that it was pretty well kept and minimally driven in its later life. That being said, we don't have many concerns about rust down here, so this is definitely a factor. If you're able to take a gander under the chassis you'll have a better idea as to whether or not the rust is limited to the fender or, heaven forbid, the rust was not properly addressed before the vehicle was painted. And keep a critical mind during the test drive. Run it cold AND hot. Check idle speed, temperature gauge(s)...yada yada. Let us know how it goes.
#5
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I'll 2nd insightful's comments. I'm in AZ and recently paid $5K for an '88 convertible with little over 100K miles and a pretty solid interior. All receipts showed that it was pretty well kept and minimally driven in its later life. That being said, we don't have many concerns about rust down here, so this is definitely a factor. If you're able to take a gander under the chassis you'll have a better idea as to whether or not the rust is limited to the fender or, heaven forbid, the rust was not properly addressed before the vehicle was painted. And keep a critical mind during the test drive. Run it cold AND hot. Check idle speed, temperature gauge(s)...yada yada. Let us know how it goes.
-M
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Thanks for the replies and for sharing some real world transactions. I'm hoping my 86 GTS sells soon so I can go check this one out in person with cash in hand.
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#8
That looks amazing... I wish there was one of these for sale near where I live. I would go for it - you can probably break even on it when you are ready to sell (worst case!)
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Sadly, this Turbo II has sold. Grrr, but I'm still on the search for another one. I'm sure I'll be posting again to get some insight from you guys. Thanks!!
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