Underappreciated Gem: 1991 Porsche 928 Hits the Auction Block
While still not the most sought-after of Porsches, the 928 S4 is still an underrated and outstanding find.
Back in the late 1970s, Porsche actually started getting the wheels in motion to retire the 911 and replace it with the front-engined V8 powered 928 grand tourer. The belief was that it would have a wider appeal than the more niche-oriented and less traditional rear engine air-cooled 911. Thankfully, two things happened. First, Peter Schutz, Porsche’s first American CEO, realized that would be a mistake and aggressively addressed the issue to make sure the 911 would carry on. Second, Porsche also carried on making the 928.
This 1991 Porsche 928 S4 we’ve come across on the Mecum Auctions website is a later variant of the 928. The S4 trim meant an updated version of the 5.0 liter V8 pushing it to 316 horsepower as well as, for this automatic transmission model, a larger torque converter and a styling refresh. In terms of trim levels, 1991 was the last year of both the S4 and GT and the GTS followed on with 345 horsepower from another upgrade on the engine. However, the GTS is a rare beast well that’s sought after, and that means paying a premium. In fact, due to its much higher retail price, only 77 GTS models made it to the United States to be sold.
The 928 is having a little bit of a renaissance due to the 1980s and 1990s nostalgia movement, but prices are still very reasonable and that means you can get a lot of car for your money. Something like this one with just under 50,000 miles on the clock should still have a lot of life in left in it if it has been treated respectfully. For a fun daily driver, a 928 S4 or GT should be on any enthusiasts list.