2001 986 for $5,500 good or bad?

[jb92563]

Since the asking price is essentially for a rolling chasis with dead engine(Yes its working for now though), it would be wise to assume that you need to replace the engine & clutch at a minimum.

Used engine with about 60K miles ~$4.5k

~$8k + $6,500 = $14.5K

You can get a 2001 S with < 80K miles for $12K ready to drive.

So its a crappy deal actually as you can get a roller for under $3,500 typically and a better running car for less than what it would cost to do the maintenance required to make the car last.

You could roll the dice and see how long it lasts as is, but typically owners that are selling do not do the maintenance just before they sell as that is unrecoverable in the sale price.
You would be gambling about $3,000 as that the difference between selling an inoperable car and what you are paying.

Not so bad if you have a backup vehicle and the time and money to risk.