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928 Values

nwns

New member
Hi All

About to take the plunge into 928 ownership and values seem to be all over the place, what is a good price point these days for a decent early 928?
 
If you'll excuse the pun, that's the $64k question! I am really new to 928 ownership (bought last year) and just tried to look around on all the usual sites to get a feel for prices. Then I went to look at several "candidates". The variation in quality was quite marked, for similar age/mileage etc, as was the maintenance history. In the end I bought one which was not the tidiest bodywise (it is now though!) but which was mechanically very well maintained and ALL the electrics worked.
V low mile GT versions seem to command the highest prices but I'm not convinced that low miles is necessarily a good thing on these cars. I looked at one with 40k less miles than the one I bought, same year, and it was a complete dog in comparison.
Mine doesn't get used much (bought for shows and weekends) and it doesn't like it. I'm hoping it will like a trip to Silverstone in July to the national event!!

Good luck and have fun with the search - they are brilliant cars. It's like getting into a time machine and being transported back 30 years[:)]
 
I'm in the same boat looking for a 928 S4 but like your saying the prices seem to be all over the shop. I'm going to see a couple this week but I'm in no rush I can wait for the right car at the right price. Like TSCaptain I'd rather buy a good mechanical car with history that needs the body and interior tidying up.
 
Dave928 said:
Depends on if you want manual or auto. Probably can get an S2 auto for around £6/7
The only S2 on Autotrader at present has 145k miles and is a Cat D. Up for £9950.
 
While prices are still relatively cheap i have decided to buy the best condition at the top end of the
price range . But not looking for a GTS .
 
The buying guide on 928.org does give a bit of an idea of what the cars are worth, but prices seem to change daily especially when dealers are involved. Great for us who already have our 928's but difficult for those wanting to buy.
I sold my S2 for twice what I paid for it after three years and bought my S4 two years ago for a third of what dealers are asking for similar aged cars now.
If you find a good car with great service history the question is more of how much are you willing to pay? A good 928 is an amazing car to have.
The way things are going today's prices will look cheap in a few years.
 
I don't want a later one, I like the early cars really. The 90s are too recent in my memory ;-)
 
I agree that price is at the very top end of values, I might even say a bit optimistic. For that value I would be wanting a pre-S or a manual.
My preference of the early shapes would defiantly be a 86.5. Early looks but S4 running gear and interior, best of both worlds. A manual version of this in great condition would be very tempting indeed.
There are still some very good cars to be had with out paying dealer premiums.
What ever you buy just check when the timing belt was done, when the flex plate tension was the checked/released, and if the engine mounts have been changed.
These are what I have had to do on each of my 928's and it might give you some room for negotiation on a deal.
 
Thanks guys, I am a little in love with the interior in Red tartan and already own 3 manual Porsches so an auto isn't the end of the world.

I am struggling to find anything pre-S4 that doesn't look like it's ready for scrap and the warranty of a reputable dealer like Gmund does appeal on a 928.
 
If you like the car and it is what you want, go for it. It is your choice and I was told always pay more for a good 928 as a cheep one will cost you more putting it right. Prices have changed so much since I got my first 928 in 2009, back then I would never have imagined what they are going for now. So to me the dealer prices do seem very high. I thought over 10K for a low mileage late S4 was ridiculous, but things have changed quickly. Who knows where prices will be next year for the 40th anniversary. Time to up the agreed value again.
 
Just be wary of the use/service history. These cars do need to be used and if it's been off the road for a while your first 6 months to 12 months ownership will be spent ironing out niggles.

Being an '80 it will have solid engine mounts (not problematic unlike the post '83 hydraulic ones), and no flexplate tension issues thanks to the circlip'd drieshaft (post '84 it was dropped hence the issues)

The description is a bit vague but I know that's just an old wheeler dealer trick of getting you to enquire for more details so maybe you'd be pleasantly surprised. Gmund do seem reputable to be fair to them. If there's certain things lacking from the history I would be negotiating over it if I were you:

- Timing belt/waterpump
- Shocks/bushes (no one ever talks about shocks but they are usually way past their best and this stops a 928 driving like a 928!) check by pushing on the corners of the car and observing bounce
- Fuel lines/fuel tank cradle (very commonly knackered regardless of overall vehicle condition unless they've been replaced)
- Go over the electrics
- Go over the HVAC and make sure it's working properly (air diverting to screen/feet etc and that it blows hot and cold!)
- Check for oil leaks (particularly in the V which again is very very common!

I'm selling a nice '82 if you're interested, I replied to your Tipec post about it :)

Hope this helps!

Llew
 
Just had a chance to have another look at the Gmund pictures and there are a couple of things I noticed.
Firstly there doesn't seem to be a load cover. I know these perish but they should have replaced it or at least have the original there as with the frame a new canvas section can be purchased.
The second thing is the engine bay picture. The plastic cover under the windscreen seems to be broken on the drivers side, it could have perished as my first 928's was very brittle and cracked so needed to be changed. Also on the air filter is the sticker for the oil. I have only seen these on the plastic cover not on the filter. Also the gold plate on the filter I think should be on the radiator. I am sure Llew will correct me if I am wrong as he does know a lot more about this.
The third thing I saw was on the picture of the interior on the passenger door that seems to be an air bubble under the leather above the air vent. I might be wrong but I had a similar thing with leather headlining on my S2 and I could never get in to re stick and it just grew.
Also on the picture of the manuals and key. This is for the centre box between the rear seats but it has a later immobiliser on the key ring, just seems a bit odd to show this but no spare ignition/door key. The main ignition/door keys are not too bad to get but I was missing a spare for the rear box and Porsche could only supply the key and lock and it was really expensive.
For the price they are asking these little things should have been done. To be really pedantic there should be the tyre compressor, all tools and a lot of other small items that come with the car from new which should be there to get top end prices. I know with my S4 I have all keys (including valet), a complete owners pack with all items that are usually lost even the original key code cards to order replacements.

 
Llewelyn said:
Just be wary of the use/service history. These cars do need to be used and if it's been off the road for a while your first 6 months to 12 months ownership will be spent ironing out niggles.

Being an '80 it will have solid engine mounts (not problematic unlike the post '83 hydraulic ones), and no flexplate tension issues thanks to the circlip'd drieshaft (post '84 it was dropped hence the issues)

The description is a bit vague but I know that's just an old wheeler dealer trick of getting you to enquire for more details so maybe you'd be pleasantly surprised. Gmund do seem reputable to be fair to them. If there's certain things lacking from the history I would be negotiating over it if I were you:

- Timing belt/waterpump
- Shocks/bushes (no one ever talks about shocks but they are usually way past their best and this stops a 928 driving like a 928!) check by pushing on the corners of the car and observing bounce
- Fuel lines/fuel tank cradle (very commonly knackered regardless of overall vehicle condition unless they've been replaced)
- Go over the electrics
- Go over the HVAC and make sure it's working properly (air diverting to screen/feet etc and that it blows hot and cold!)
- Check for oil leaks (particularly in the V which again is very very common!

I'm selling a nice '82 if you're interested, I replied to your Tipec post about it :)

Hope this helps!

Llew


Hi Llew

I have seen your post on Tipec now, thanks for the offer do you have pictures I could see?
 
I am also looking for an early 80s 928 and the lack of cars on be market often brings me back round to the 1980 at Gmund. They were asking eight grand and change for it in 2014 and I offered to buy it then but they decided to keep it. It's now back on the market for almost twice and still seems to be the best deal on the market! Just shows where prices have gone recently and the lack of good cars available.

Like tou you I am very keen on the colour combo and that interior.

llewelyn - if the original poster passes on your 82 I'd be keen on finding out more.
 

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