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Kermit returns to his homeland!

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Old 11-20-2009, 06:16 PM
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Chuck Z
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Default Kermit returns to his homeland!

Hi Guys,

It is with sadness and a small amount of joy, I'm posting to let everyone know that Kermit has been sold to a collector in Munich, Germany.

Many of you are aware that Kermit has been for sale off and on for the last year or so. I have openly said that I will not sell him unless the "right" buyer comes along and that buyer would have to have the means and the desire to keep Kermit in a collection and in the same condition he is in now. I truly believe that Kermit is a part of Porsche 928 history and should be preserved as such. Having owned and refreshed Kermit for the last 5.5 years it has changed my viewpoint on owning cars in general. As part of my ownership I have realized that I am not a collector and while I'll never put a bazillion miles on my GTS (it's a 5th car right now......) I cannot own a car that I cannot drive; at least a little bit.

Over the course of the last year I've had some pretty interesting conversations with people looking to buy Kermit. One individual told me he was going to drive it like he stole it after making me a $45k offer. It goes without saying that I told him he would have to find another 928 to buy. Most folks, including Porsche AG didn't want to pay anything for Kermit partially due to the economy and partially b/c most collectors want 356s and old 911s and don't see the 928 as a valid part of Porsche history - INCLUDING Porsche AG! My thought on that subject is simply b/c they do not really know anything about the 928, especially the collectors. As for Porsche, they're just being Porsche......... they feel I should be privileged to be able to sell Kermit back to them?

Kermit departs Tuesday morning for the long trip back to Germany. I will miss him but feel good about his new home.

So long old friend!

Old 11-20-2009, 06:23 PM
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Landseer
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Phenomenal stewardship.

Congratulations on the (proper) sale.
Old 11-20-2009, 06:42 PM
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Originally Posted by Landseer
Phenomenal stewardship.

Congratulations on the (proper) sale.
x928
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Old 11-20-2009, 07:05 PM
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Originally Posted by Chuck Z

Most folks, including Porsche AG didn't want to pay anything for Kermit partially due to the economy and partially b/c most collectors want 356s and old 911s and don't see the 928 as a valid part of Porsche history - INCLUDING Porsche AG! My thought on that subject is simply b/c they do not really know anything about the 928, especially the collectors. As for Porsche, they're just being Porsche......... they feel I should be privileged to be able to sell Kermit back to them?
********.
Old 11-20-2009, 07:18 PM
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deutschmick
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Glad it worked out well. A beautiful car going to a good home.
Old 11-20-2009, 07:26 PM
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Enjoy many for Kermit.

Gerry
Old 11-20-2009, 07:28 PM
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Congrats ! Hopefully you got your asking price in Euros

'89 S4 GP White/Black
'76 912E Silver/Black sunroof
Old 11-20-2009, 07:37 PM
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Dan87951
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Sweet! Thats a nice profit margin you made on that car. I remember you buying him.
Old 11-20-2009, 07:42 PM
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Nicole
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Did the deal include visitation rights?

Glad you found a good home for the frog.

Regarding Porsche: I would be surprised, if they had not enough original 928s in their collection already. It is said that of every series (model year), at least one stays with the company. If this is true, it would be understandable that they would not buy additional ones from outside, unless they have an interesting story to tell.
Old 11-20-2009, 08:05 PM
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Default I hope not..

Will he have to converted back to a Euro?
Old 11-20-2009, 08:13 PM
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Bill51sdr
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Congratulations Chuck. I remember the threads from your original purchase and restoration, truly a labor of love on your part. Glad you found a 'proper' owner.
Old 11-20-2009, 08:34 PM
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Nurburgring here we come!!
Old 11-20-2009, 08:35 PM
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Well done Chuck

Paul
Old 11-20-2009, 08:58 PM
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Chuck Z
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Thanks for all the great comments. My only regret is that more 928 enthusiasts didn't get to see Kermit.

Originally Posted by cali4sun
Congrats ! Hopefully you got your asking price in Euros
I wish...... Based on conversion, he got it cheap......

Originally Posted by Nicole
Did the deal include visitation rights?

Glad you found a good home for the frog.
He is the CEO of a German compnay and DOES own a hotel, so........ Ya know, I've never been to Germany! That was discussed.

Originally Posted by Bill Swift
Congratulations Chuck. I remember the threads from your original purchase and restoration, truly a labor of love on your part. Glad you found a 'proper' owner.
Thanks Bill, that's really nice thing to say. It really was a labor of love. I honestly am sad to see it go but like I said, it was a life experience for me that changed my life..... in a good way! I feel fortunate to have had time with Kermit and saved him from being just a low mileage 928.

Originally Posted by cold_beer839
Nurburgring here we come!!
Wouldn't that be a sight!!!!!
Old 11-20-2009, 09:02 PM
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M. Requin
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Originally Posted by Landseer
Phenomenal stewardship.

Congratulations on the (proper) sale.
+928


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