Before you buy: Budget realistically (running costs, insurance, repairs), research current market prices and find a specialist workshop nearby.
Viewing and test drive: in daylight and dry weather, allowing at least one to two hours, with the engine cold when you arrive (so you can hear it start), a test drive of at least 30 minutes, and if possible an expert with you.
Checking the paperwork: an unbroken service history with the service book and invoices, Porsche stamps, evidence of repairs for the known problems, freedom from accident damage, and that the chassis number and specification match.
The variants worth having: the MK2 Turbo with a manual gearbox (the best balance), the Turbo with the X50 package (almost Turbo S power at a lower price) and the Turbo S (a future classic).
Be wary of: heavily modified cars without documentation, a patchy history, PCCB at high mileage, and imported cars of unclear origin.
A specialist inspection before you buy: €300 to €600, and strongly recommended. Ideally with a fault-code read of every control unit, a compression test, a check for hidden accident damage, a suspension check with geometry measurement, and a brake test.
Equipment that adds value: a manual gearbox, sports seats or electric comfort seats, the factory X50 package, PCM II, classic colours (silver, black or dark blue with a black interior), factory sports suspension and PASM.