Ahh - Well I'm going to guess that, if it is otherwise as nice as it looks, the s3 should go for something starting with an 8. That would give you room to get A/C fixed, do timing belt, source a dash the right colour and maybe a do couple of other odds and ends and have a really nice, sorted s3 for about $12k - which I think is about the right money. I think it would be worth buying because really good S3s (or any good 205) are just so difficult to find - the people like me who have spent the money to get the car in really top condition just won't sell them because it's not worth it.
My perception is that s1 and s2 cars are playing in a slightly different market. At the moment you'll never get more than $7k for a really top s1 or s2 (Dave T's car ( http://www.aussiefrogs.com/forum/cars-sale-wanted/104376-1990-205-gti-137-500ks-sale.html ) was the best s2 that I can remember being advertised for a long time and it was about that money).
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