These days, the entry point to Porsche 911 ownership is slightly different than it used to be. Put simply, the project-grade 911 is a car that used to be considered too far gone to restore. Now, that car will cost you $20,000 or more. This particular 911 is a cabriolet model that was converted to a slant nose likely eons ago when that body kit was listed in the back of every European tuner car magazine. This one is listed with limited information and some possible red flags, but it’s also offered at no reserve here on eBay where bidding has reached $22,000.

This particular 911 was definitely someone’s project car back in the day as it sports variety of period modifications that were all the rage in the late 1980s. The whale tail spoiler; two-piece “Gotti” wheels; the aforementioned slant nose; and the side strakes in the rear fenders that have also been modified to create a turbo-look car. Some of these conversions were all-steel and very well done, while others were likely a mixture of metal and fiberglass. While there were some factory slant nose conversions, I doubt highly this is one of them.

The interior has some desirable upgrades from the same period of the exterior modifications. The most significant one is the Husco armrest, which was often offered as an accessory from the major European makes. It may not seem much like to most casual observers, but finding a good one will likely set you back $300 or more. (Side note: I once found three cars with Huscos in them on one junkyard visit; that was a very good day.) It also has custom floor mats and an aftermarket steering wheel that should absolutely be removed.

The seller will only go so far as to say it “…starts and runs fine.” That’s really not enough information for a 911, but offering it at no reserve tends to absolve some of the flaws in the listing. If you’re trying to get a cheap 911, you may have to accept the fact that you won’t get the full picture until it’s in your driveway. The engine bay, for what it’s worth, has also been customized with a Porsche emblem sticker. Not a big deal but it still speaks to how cheesy some of the tweaks are. What would you say is a fair price for a potentially risky project like this?