1989 Porsche 911 ClubSport – Update

The seller of this 1989 Porsche 911 Club Sport contacted us recently to update us on the status of his vehicle. While he charged a speciality dealer with selling it, there was no interest at the asking price of $129,900.

The seller is having the car returned to the collection and has asked us at GCFSB to update our original ad, as the price has been reduced to $97,500. Still a princely sum for a 1989 911, but consider this is one of the rarest and all time great 911’s.

Update 10.26.2011: This car has sold.

Dan: Pleasure to meet you. I’ve enjoyed reading your website/blog for several years and have added your motorcycle blogs to my everyday reading list, as well.

On May 31 of this year, I was traveling on business and checked into the hotel late that evening. I couldn’t sleep so I popped open my laptop and decided to troll my favorite automotive websites. When I hit your GCFS blog, I was stunned. Somebody was selling a 911 Clubsport just like mine! Then it dawned on me… the featured car WAS mine. While it was cool to see the Clubsport featured, Paul’s commentary struck a chord. It reminded me why I had originally purchased the car. Well done, Paul.

So why this email? I’d like to update your readers on the car before I list it elsewhere. The car is on its way home to NM. Frankly, the dealer charged with selling the car overpriced it from the get go. Yes, the car is the first of seven 1989 US cars produced. Yes, it’s in excellent shape with only 14,761 miles on it. And yes, more Porsche enthusiasts have started giving the 911 Clubsport its due, with some pundits (911 and Porsche News and Georg Karcher) calling it the “RS of the 1980’s” and one of the ten best Porsches ever (as a rennsport fan, I don’t have a street car on my personal Porsche “top ten” list). However, we live in strange economic times and, while an ’89 Clubsport with less than 5,000 miles sold for close to $140,000 in 2007, it would take the absolute best, never-driven, concours Clubsport to get close to that high water mark today.

The car is for sale. I’m asking $97,500 for it… a lot of money, I know, but a far cry from the previous asking price of $129,900. The reason behind the sale is simple. I miss the track and have an old racing Porsche in my sights. While the Clubsport would be perfect for track day usage, it’s too nice to convert into a real race car. Time for it to move to a new custodian.

Thanks for the help. Keep up the good work.

Best regards,

Michael Schafer

To recap, here is a description of the vehicle:

1989 911 Club Sport Grand Prix White/Grey 14,761 Miles

Grand Prix White
Grey cloth inserts/leather
14,761 original miles
1 of 7 in the United States
Factory Lightweight (2558 lbs)
NO a/c, NO power seats/windows
Lightweight carpeting in the passenger compartment and trunk
Special 3.2 Liter rated at 231 Horsepower
G 50 hydraulic clutch
M 637 with full delete package
100% original paint
All books and records
Collector owned since new
Original rims refurbished (NOT SHOWN)

If interested, please contact the seller here: jmschafer@mindspring.com

-Paul

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3 Comments

  1. Even at $97,500 I think the seller is dreaming – I do hope he gets it but I doubt he’ll get anything close to that high asking price. Good luck though.

  2. Might as well have left it at $129K. Might be worth half that if he’s lucky. GLWS!

  3. The rarest of the rare and a car I would kill for. At that price its not going anywhere anytime soon.

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