Hello - Cashmere for sale question
 

Thanks Guys. The best way to show my appreciation for Rennlist was to get a membership to Rennlist!
I've learned a ton so far.
One day ill own a 928.

I've been looking for a 78-79 OB or an '84 - with less than 90k miles.
I like the idea of touring the states in a 928, maybe buying a decent one far from NY and driving it back.
Or having the timing belt break halfway, or getting an engine fire, etc.

I saw this Werther's Original for sale and wondered why it hasn't sold - I'm guessing the price and the dents by the lights??
Selling for $20k OBO. Can you cast some light?? Im guessing it will take 3-4k to fix the bodywork and paint.

https://classiccars.com/listings/vie...colorado-80524











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Personally, I love it. Kinda high $ for a '79 but reasonable for the cosmetic condition. It looks like it has spend a lot of time sitting which is bad for 928s and HORRIBLE for CIS cars. You might want to check that it runs, etc, as the ad does not state. Also service history if there is any. Specifically if you were going to drive it you would want to know:
-age of water pump
-age of timing belt
-age of tires
-age of fuel lines

Welcome and good luck with your search. That is one of best parts of any classic car journey, the beginning, learning about a car that has always intrigued you then searching for that perfect fit!

As for that '79, great color combo IMO. The Pasha fabric tends to degrade over time. Replacing it will be pricey. $3-$4K for paint and body work won't get you far unless you are just thinking about some dent repair and panel touch-up. The bigger expense will be getting that thing back to road-worthiness, particularly if you have plans of cross country adventurism. I'd budget more like $10-$15K to get you into the safe zone.

928's just don't sell fast. It looks in decent shape. If it runs, stops, and sounds ok, tell him you'll call back next month with an offer. It'll still be for sale in March, and likely Apr, and May too.

Too good!
I appreciate all the tips. Yes - It would be a dent repair and panel touchup in my mind. I'll ask about the suspension ball joints and the motor mounts while I'm at it (something else I've learned on here.) A really healthy engine above all else is what we're after.

No joke - I nearly pulled the trigger last week on a 1984 928s in Louisiana which had a broken odometer...when i searched Rennlist, you folks not only had discussed that very car but highlighted all the things that were not done to the car in years. Saved me a long trip, $$$ and a lot of disappointment.

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I bought my first 928 ('80)12 years ago.and I did very little research other than all my pals telling me it was the most expensive car in the world to work on. 2 weeks after I bought it, a good cleaning, new tires, I drove it to San Diego from the Bay Area and back. I knew nothing about belts or service history, let alone RL. I just wanted a 5sp 928. It was a bit rough and I picked at myself for years with the discovery off RL. Too be honest these cars are bullet proof. Early cars are all DYI if you just use good parts and read RL like a bible. Mechanics are the biggest enemy to a 928. Do it all yourself and get to know the car. We are all here to help....you are not alone. Oh! by the way, I put over 50k miles on it before I sold it. Sometimes it pays not to do too much research and go with the heart. Knowing what I know now I most likely would have not bought the car...which would have been a mistake.

I agree with Ed. Just buy it as it won't get any cheaper. It's most likely worth a lot more. Personally I really like the color. It's not red, black or white .
Remeber with these cars..."you didn't pay to much, you just bought too soon". In this case it appears to be an unmolested piece. You will not loose any money. Look at the one that just sold at auction for over 50k

BIg bonus points for no sunroof, rubstrips, spoilers, pasha, 5sp....

I pm you, I have a 1978 manual coming up for sale soon.

The search is definitely an intuitive process.
Being a painter, it's the beige color that jumped out at us. That and the milage.
I'm based in Brooklyn so I've been keeping automatics with low milage very much on the radar too - I've read it easier for city driving. My wife would prefer an auto tho it's not a deal breaker. I have to keep in mind the cost of parking and insurance in NY - it makes the search that little bit harder but so be it.

We will start narrowing in on some options once we're through with some work projects, the weather will be better by then.

BTW - This is what i got back from the seller...

"Current mileage is 56k and at 53,580 following was done:
replaced timing belt and both tensioner bearings
replaced fan clutch and both bearings
changed transmission oil
replaced all 4 CV boots and packed joints
replaced all 4 V belts
Car has been in storage for over a year but everything worked and ran at that time."

Hagerty gives a 20% value deduction for an auto... with that in mind, the 928 is has long legs and the low end torque does not require a lot of rowing, unlike the typical manual cars.

"Both tensioner bearings"?
No water pump repl?

Well - ok.

Ok, I'm going to go against the grain here.

It hasn't sold because nobody is willing to pay for it.

56k isn't 'low miles'. "Sorta low" or 'not high' is more like it.
The dents are going to be fairly expensive to fix, and once it has 'new paint' on it, the paint isn't original.
The Pascha on the driver's seat has torn from the side bolster. That cannot be repaired. The fabric has to be replaced. Again, it won't be original.

It's a 79 (not first year), and a Rogerbox (auto trans).

It has the potential to be a nice car, but it won't ever be 'collector grade'.

Lots of people have been saying for a while that 'prices are going to go waaaay up!! And soon!!!'

I don't really see it. Not unless the car is original and really low miles (say 10k or under).
The truly desirable cars (original condition 78, GT, GTS, SE, CS) will be good investments from a financial standpoint. Their value will increase over the years.

The prices on the rest of them are going up some, but not a whole lot. Not 911 style. And I don't think they ever really will.
Look at Jaguar. E-Types are very valuable. XJs, not so much.
The 911 is the 'true' Porsche, just like the E Type is the 'true' Jag.

I would guess that this car would be a $10k - $12k car on BaT. Maybe more, maybe less, depending on the presentation and (mostly) on who is buying at the time it goes up.

Hands up if you enjoy loosing a post you wrote??
Ill try again...

Ive been enjoying and learning from the responses.
Interestingly, to Joe's response, earlier I had put an offer in of $10k but i have only heard crickets- my guess was close tho.
Ultimately we are looking for a 928 we might enjoy for a long time which is why I was looking past the dent.

For me, what makes an early 928 78-84 compelling is that it's a car defined by what it is not. It is not a 'true' Porsche, its not a 911, it's not as collectable, it's not a four seater but it has four seats (perfect for turning friends away.) that beige is not a cool color (it is).

I think its value has largely been affected by people wrongly measuring it against a Porsche legacy rather than a stand alone design object. As a stand alone object it's incredible.
The 928 embodies a time in European design, in my eyes, when design was tactile and understandable - much like the work of Dieter Rams. Before everything became overtly digital.
(this is a good short read)
https://www.vitsoe.com/us/about/good-design

(also a good read and a show worth seeing if you are near PA museum of Art!)
https://www.newyorker.com/culture/cu...t-weve-ignored

You could read most of his ten principles in the first 928s - honest aesthetic lines, innovative steering system, unobtrusive bumpers, useful tilting dash...
Im thankful early 928s have gone under the radar as long as they have - I may yet get to enjoy one.