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The '89s have a weakness in the FI ecu. However, my brother's '89 (around 100k) has had no problems so far.
Do you live near the seller? If not, then the 3-month warranty is meaningless to you unless you can get them to pay your local mechanic for warranty repairs (unlikely). Therefore, you might be able to negotiate the price down a bit by eliminating the warranty.
I agree -- $2800 does not sound unreasonable for it, but you'd be smart to have a look-see and test drive before parting with cash. And be prepsred to invest another $1000-1500 on the stuff this guy glossed over.
Note also that the seller has four complaints out of sixty-six. Three of the four complaints allege hidden problems and expensive repairs. The most recent complaint was for a car that was as glowingly described as this 240. Moreover, if you look at his other auctions, you'll see all flavors of cars -- so this guy probably doesn't know his head from his ass about 240s.
Proceed slowly, carefully, and thoughtfully. Keep your money close to you.
A nearby friend bought a '90 240 through eBay, and when it arrived the "slight piston slap" turned out to be horrendous rod knock. The seller, in Texas, said, "Gee, I don't know the difference. Sorry, sucker."
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Don Foster (near Cape Cod, MA)
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