What is it that we look for in these cars? Assuming you’re not after the perfect collector example the list is fairly straightforward though not short. The availability of documentation and a known history obviously are of great importance. A knowledgeable seller helps in this regard as well. Abundant photos, paint meter readings, an assessment of its current mechanical condition including any known flaws, and possibly originality of the equipment. Obviously, the last point will vary quite a bit from buyer to buyer, but any buyer will want to know what is original to a particular 911 and what isn’t even if that buyer does not mind the lack of originality. Lastly, we all want a fair price, but perhaps even more so when looking at driver-quality cars. Their value typically is pretty locked in so you can’t bank on higher resale down the road.
I think this Marine Blue 1988 Porsche 911 Carrera Targa fulfills most of those points and that’s part of what I like about it. It’s up for auction without reserve so the price should be fair. It also looks pretty great. It sounds like there isn’t a huge amount of documentation, but some does exist, and it does appear we know the ownership history. There is one red flag in its history – it was a theft recovery back in the ’90s – but that red flag doesn’t seem to be causing it any problems. It is stated to have a clear title. It isn’t perfect, but looks like a very nice example of a late Carrera Targa and could find itself in a sweet spot in the market.