Well sorted 928 GT Available
02-07-2019, 10:22 PM
#31
Rennlist Member
I agree...to a certain extent. And disagree to a certain extent.
Low mileage cars come with what I consider to be a very significant "potential car killing" issue....water cooled engines that did not get the coolant changed often enough......and "sat" for too long between being run. Combine that with idiots pouring in "cheap" coolant that turned acidic in a year....and there's the "show stopper". Forget timing belts. Forget thrust bearing damage (although that is a MAJOR issue, too.) From what I'm seeing, this is going to be the most major facing these "low mileage" engines, perhaps the entire 928 model, in the future. I'm seeing awful damage on engines, from coolant issues.
I've got a 100,000 mile GTS apart, right now, that ate the head up between the head gasket and the block....filled a cylinder with coolant, and cracked that cylinder when the engine got cranked over!
That's not either "high" or "low" mileage....but more of "the writing on the wall" type of thing. Kinda scary to see, even for me!
The advantage of higher mileage engines is that the coolant, due to hose and water pump replacements, got changed more often. Granted, "cheap" coolant could have been used and there still could be damage....but the "odds" are way better.
And quite frankly, everything else on a 928 can be rebuilt (If you use my definition of rebuilt, which is "make new".) And due to changes that we have "invented" (reduced oil in the intake system, better fuel hoses, etc.) and updates that Porsche made, over the years.....they can be made actually better than new!
I've got an '89GT here, right now, that the owner has spent $125,000 on (not all with me...I just did the engine and some other work.) It's really, really, really nice. Could he sell it for $125,000 and recover his investment? Not today. Maybe.....in the not too distant future, either.
On the other hand, he could go buy a new $125,000 Mercedes, BMW, Audi, or Porsche (or a whole bunch of other $125,000 cars) and in three years the German cars will all be worth....maybe $60,000? Maybe less?
Is he an idiot or a genius?
Rob Edwards has been "restoring" a 1989 GT. He took it apart (to a bare shell) and had it painted, restored the interior, suspension, brakes, wheel bearings, axles, etc. I did the engine. I did the transmission. The car is fricking "new". What is it worth? He will find out if there is any demand for this kind of 928.
I'm doing the same thing to a 1991 S4....making it mechanically and cosmetically perfect.....nothing left to "chance". What is it worth? I, too, will find out if there is any demand for this kind of 928.
Low mileage cars come with what I consider to be a very significant "potential car killing" issue....water cooled engines that did not get the coolant changed often enough......and "sat" for too long between being run. Combine that with idiots pouring in "cheap" coolant that turned acidic in a year....and there's the "show stopper". Forget timing belts. Forget thrust bearing damage (although that is a MAJOR issue, too.) From what I'm seeing, this is going to be the most major facing these "low mileage" engines, perhaps the entire 928 model, in the future. I'm seeing awful damage on engines, from coolant issues.
I've got a 100,000 mile GTS apart, right now, that ate the head up between the head gasket and the block....filled a cylinder with coolant, and cracked that cylinder when the engine got cranked over!
That's not either "high" or "low" mileage....but more of "the writing on the wall" type of thing. Kinda scary to see, even for me!
The advantage of higher mileage engines is that the coolant, due to hose and water pump replacements, got changed more often. Granted, "cheap" coolant could have been used and there still could be damage....but the "odds" are way better.
And quite frankly, everything else on a 928 can be rebuilt (If you use my definition of rebuilt, which is "make new".) And due to changes that we have "invented" (reduced oil in the intake system, better fuel hoses, etc.) and updates that Porsche made, over the years.....they can be made actually better than new!
I've got an '89GT here, right now, that the owner has spent $125,000 on (not all with me...I just did the engine and some other work.) It's really, really, really nice. Could he sell it for $125,000 and recover his investment? Not today. Maybe.....in the not too distant future, either.
On the other hand, he could go buy a new $125,000 Mercedes, BMW, Audi, or Porsche (or a whole bunch of other $125,000 cars) and in three years the German cars will all be worth....maybe $60,000? Maybe less?
Is he an idiot or a genius?
Rob Edwards has been "restoring" a 1989 GT. He took it apart (to a bare shell) and had it painted, restored the interior, suspension, brakes, wheel bearings, axles, etc. I did the engine. I did the transmission. The car is fricking "new". What is it worth? He will find out if there is any demand for this kind of 928.
I'm doing the same thing to a 1991 S4....making it mechanically and cosmetically perfect.....nothing left to "chance". What is it worth? I, too, will find out if there is any demand for this kind of 928.
Being the owner of 928's with both high and low miles... Greg's right! It is the maintenance that matters!
The GT that is the topic of this thread is great value for the money and for a 928, not even close to "High Miles". I have driven one of my S4's to over 300k without opening up the motor! Two in my collection have close to 150k and I would not hesitate to jump in and drive them anywhere! These cars were built to be driven and this beautiful example is ready to go.
Whoever buys this one is going to be well served!
Tempted...
02-08-2019, 08:27 AM
#32
Rennlist Member
what is the timing chain kit?
does every 928 have holes on the passenger side of the console for the old school cell phone?
original shocks and springs?-
does every 928 have holes on the passenger side of the console for the old school cell phone?
original shocks and springs?-
02-08-2019, 12:35 PM
#33
Rennlist Member
I think so. [edit] Probably some confusion as to which console. I'm referring to the cover or panel near the passenger seat and door. I have holes at rear verticle of that panel in my '93; it came with other add-ons, like early GPS and more, so I thought it was butchered and removed by previous owner, but I see similar hole pattern in door well in other cars, too similar to be coincidence. Odd Porsche would have "sleek" interior and let something rough like this open. I keep meaning to get the panel recovered.
Last edited by SteveG; 02-10-2019 at 01:05 PM. Reason: something
02-08-2019, 03:01 PM
#34
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02-08-2019, 05:05 PM
#35
Vegas, Baby!
Rennlist Member
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I'll weigh in on this:
Being the owner of 928's with both high and low miles... Greg's right! It is the maintenance that matters!
The GT that is the topic of this thread is great value for the money and for a 928, not even close to "High Miles". I have driven one of my S4's to over 300k without opening up the motor! Two in my collection have close to 150k and I would not hesitate to jump in and drive them anywhere! These cars were built to be driven and this beautiful example is ready to go.
Whoever buys this one is going to be well served!
Tempted...
Being the owner of 928's with both high and low miles... Greg's right! It is the maintenance that matters!
The GT that is the topic of this thread is great value for the money and for a 928, not even close to "High Miles". I have driven one of my S4's to over 300k without opening up the motor! Two in my collection have close to 150k and I would not hesitate to jump in and drive them anywhere! These cars were built to be driven and this beautiful example is ready to go.
Whoever buys this one is going to be well served!
Tempted...
02-08-2019, 07:24 PM
#36
Instructor
As someone who bought a "Cheap" diamond in the rough 1990 GT back in 2010 with 175,000 miles on it and then brought it back up to scratch this is a steal! I would be much better off financially had I gone with something like this. Besides its easy to rationalize, its only had what... less than 7000 miles a year put on it so low mileage! All a matter of perspective! 
The right person is out there for this car for sure.
The right person is out there for this car for sure.
02-08-2019, 07:57 PM
#37
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red GT with salvage title from BHP
IF (that's a big if) that is the same dealership as Beverly Hills Porsche, don't ever buy anything from them
Here's a 997 CPO horror story purchase thread.
https://rennlist.com/forums/997-foru...oor-car-9.html
Here's a 997 CPO horror story purchase thread.
https://rennlist.com/forums/997-foru...oor-car-9.html
Car's previous owner had a very minor lower engine fire that was quickly put out, but the insurance company "totaled" it anyway. Greg Brown has personally checked this car out and stated that the "damage" was minimal and has no mechanical or structural issues. PO was asking for $15k 3 years ago, and I think I could've bought it for $13k, but life happened.
Beverly Hills Porsche likely bought it for a similar amount and is trying to flip it for ~3x the price. They didn't even bother putting in an air filter and tubes in the engine bay.
02-10-2019, 11:00 AM
#38
Burning Brakes
However, this car's salvage title is well known here on Rennlist.
Car's previous owner had a very minor lower engine fire that was quickly put out, but the insurance company "totaled" it anyway. Greg Brown has personally checked this car out and stated that the "damage" was minimal and has no mechanical or structural issues. PO was asking for $15k 3 years ago, and I think I could've bought it for $13k, but life happened.
Beverly Hills Porsche likely bought it for a similar amount and is trying to flip it for ~3x the price. They didn't even bother putting in an air filter and tubes in the engine bay.
Car's previous owner had a very minor lower engine fire that was quickly put out, but the insurance company "totaled" it anyway. Greg Brown has personally checked this car out and stated that the "damage" was minimal and has no mechanical or structural issues. PO was asking for $15k 3 years ago, and I think I could've bought it for $13k, but life happened.
Beverly Hills Porsche likely bought it for a similar amount and is trying to flip it for ~3x the price. They didn't even bother putting in an air filter and tubes in the engine bay.
Looking at the actual link, then deeper into their site, Beverly Hills Car Club does not seem to link or affiliate with Beverly Hills Porsche.
https://www.beverlyhillscarclub.com/...s-car-club.htm
02-11-2019, 09:43 PM
#40
Archive Gatekeeper
Rennlist Member
Rennlist Member
Wow, that was fast. Hopefully a local, to add to the SoCal community.