bmjb wrote:
Beau wrote:
I'd agree with Brett.
With project S2's around £3K like the one below, and by the time fresh paint, leather, mechanicals and all electrics have been straightened you are probably looking at £9K - £10K currently.
http://www.jmgporsche.co.uk/index.php/m ... rade/928s2Sorry, I think that's overly optimistic. Assume you buy a project S2 for £2.5k (I've knocked a bit off JMG's price as they're a dealer and you wouldn't expect to pay so much in a private sale) and put £5k into paint and tidying, you aren't going to make back the full cost of the work when you sell it so it's worth about £6k.
Not many pre-S4s for sale but
here's one on autotrader for £7k from a dealer (OK it's missing its front spoiler but we'll ignore that). Take off £1k as it's being sold by a dealer and another £1k as this car has just had a respray and you're back to the £5k that I suggested Paul's car is probably worth.
At the end of the day an '86 S2 is still an S2 and I just don't think they're as desirable as the later shape cars - look at the photos from recent meets such as Tilford and the Merry Miller and see how few S & S2 cars there are - consequently the prices for the earlier models aren't as high unless you you have an exceptional example e.g. concours condition ultra low mileage etc.
Good luck to the buyer who intends to deduct circa 30% from the sticker price of that S2

Even dealers need to eat.
I just walked away from a straight GP White '85 S2 from a dealer, as there final price after considerable negotiation was £5,325.
It still needed around £2.5K spending on it to bring it upto par. Paint was fine.
Have purchased another S4 in GP White instead
