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I bought a 2001 S model late last year with only 75K miles on it for $10,900. Looked absolutely stunning inside and out. Over 10K now in reconditioning it. At this vehicle age expect to sink some dollars in it getting it up to snuff. And even then it is going to have that vintage feel. No glove box, no glass rear window, controls in odd places, no connectivity for your cell phone, mp3's etc. But with the right mind set this vintage feel is part of the allure. But if you are going into it expecting instant reliability and no issues then chances are you should move on to a 987 model and spend more up front.
List of items so far:
LN IMS bearing
RMS
Cam plug
Clutch
Front motor mount
Three of four Cats.
Two of four O2 sensors
New Muffler
New brakes all around with new rotors.
Front trunk release actuator
Four new tires. Old ones were dry rotted.
Air Oil Separator (smoke on startup)
MAF sensor
Spark Plugs
Transmission fluid change.
Oil change
Right half shaft (torn CV boots)
Front struts and springs (used)
Instrument Cluster
Short shift kit
Still worried about the Water Pump and Expansion tank but so far no problems.
Bottom line, buyer beware and expect some investment.
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