Randy V

I'll go first.

1994 GTS, 4-speed rogerbox. Second owner. Midnight Blue exterior, Classic Grey interior. Carrera Lightweight 18" 5-spoke staggered wheels. New 245 front, 295 rear tires.

Exterior is 9/10
Interior is 8/10

Greg Brown 6.2 litre stroker motor built October 2017 plus custom GB headers and exhaust - estimated 485 bhp
New transmission. New windshield. Custom powder coated intake and covers. Custom intake graphics. Custom carpets. Custom leather hatch cover. Aftermarket door and hatch locking system.

245K original miles

Many upgrades including new Boge sport coil-over suspension. Bluetooth Pioneer sound system with 8" subwoofer with Kicker amp and JVC 4-channel 200 W amp. Boston Acoustics 10 speaker audio.

Everything works.

What's it worth?

merchauser

don't know what its worth, but I love it! sounds like a great car. pics?

linderpat

This is a tricky thread to wade into. I can see folks getting pissed off or defensive about values being posted, and the criterion used to support those values. Anyway, you asked, so I'll start.

I think your car is awesome. Perfect color combination, Nicely optioned, and a Greg Brown stroker. While it likely drives as new, and certainly has the power of a modern car, it is far from stock at this point, and the miles are very high.

We all know on this forum that the mileage is not a big factor with these cars, especially with a fairly recent engine rebuild. However, the broader general market does not know this, and most outside of our tight community do not know who Greg is. Also, the trend today is originality - the market seems to be penalizing cars that are not stock, regardless of how well the mods are done, and rewarding unmodified stock examples, even if there are flaws.

So, you have what would be considered a very high mile, non-stock modified car. While it is likely one of the best GTS' on the planet (for those of us in the know), unless you audience is us alone, I'd say the value will take a big hit. I'd put it at $35,000.

docmirror

94 GTS - worth? Bottom feeder says, $17,348.

My turn.
88 S4. Triple black. Rough paint, rough interior. Not running right now. 126k miles. Rebuilt brakes, Cayman 17" wheels. New TB/WP, rollers, front main seal, fuel pump, trans gasket and some trim bits. Needs paint job, interior refurb, radio, AC work, electric fixes, motor mounts, and likely some work on sunroof. Glass is good, no rust(shock!), no evidence of body damage.

Speedtoys

The thing about collector cars, is that modifying them _drastically_ reduces the market for them at the collectible price tag at worst, at best, it points them towards another (hopefully well established) buyer market.

It forces a new diverting market to exist for it...a market that may not exist. So..the idea of 'value' is hard to determine. It can't pull the collector value the same way, and there's not enough data in such a shallow market with few people in or near it, to tick things off to appraise value with either.

If it had a story behind it..that changes things, sorta like Vanster's car is developing, in a sad fun way..a helluva story. It will cleanly pull multiples of value over a collector 85.5 5spd car. The stroker motor by itself wouldn't bring as much value on it's own.

Without that it might be hard to keep up with Hagerty posted values, and lag behind them quite a bit. The GTS has a huge collector value on it, where Van's doesn't have nearly as much base inflation.

polecat702

Randy & Doc, they're worth what ever the right person in ether case is willing to pay for them. You'll both have to be willing for that person to come along. I think Randy's car is worth 70K, at least, and it couldn't be duplicated for that amount. I'd hang on, and buy whatever you want, the 928 is paid for.

Kevin in Atlanta

Could we post the car in the title? This is an interesting thread, but it could become unfollowable.

Bigfoot928

I'm with Ed on this one. This thread is the easiest way to get butt hurt. These cars are not popular enough to get out of it what you put into it when you mod them. The high mileage and the stroker engine lower the value as mentioned to the collector market which is the only place where they are really going up. You could get close to 35K for it with a stock engine, and sell the stroker and come out ahead. Louie's car is a good example of a highly modified 928 and very desirable in this circle. Which is where it sold. Unfortunately a lot of modern cars provide much more performance for much less money. I'm in this boat with my 928 and would never pose this question to this forum. I would be better off parting it out than selling it.

Speedtoys

There is a bubble point on the vehicle condition curve, below which mods don't hurt, but don't help at the same vaue/appreciation rate either. Without serious work, a collector model car is too far behind riding the collector valuation wave...so mod away, make your car yours.

If a car is at that point on the bell curve, or ahead of it, $ is more wisely spent in the direction of returning to as OEM as possible. One dollar of work might actually return $1. Nirvana!!

The people that don't agree with what to do at that point on the curve, well, nothing wrong with disagreement, but it removes examples from the collector car available pool, and as that happens..it narrows the bell curve and rewards those on the far side of it even more.

vanster

Being in a similar relationship with a GB stroked 928, what's the value? To me... a lot! The amount of grins per mile is worth everything. Having driven 991 GTS, 997 S's a new Cayman S last weekend....would I trade? NO! So what is it worth....? My relationship albeit complicated with my car is special. I don't wash it with Q TIps, just drive the heck out of it. Our cars will never be made again and the thrill of pushing an anolog car is beyond compare.This does will never happen with a new 992 etc. Hard to explain.

Jason89s4

Response to Randy V: 1994 GTS, condition 8.5/10. Significant performance modifications.
Estimate March 2019 sale price: $35,000 - $40,000

Now some commentary:
1. I like the idea of this thread. Just keep it focused on its purpose. If you are butt-hurt about the value of your car, don't read it or post.
2. Regarding, valuation of cars and this car in particular, based on many years of experience across a variety of makes, condition and originality. First, ALOT depends on your audience/bidders/buyers. Just attend any live auction (automobile or otherwise) and you will always be shocked numerous times on both "I can't believe it sold for so much" AND "I can't believe it didn't get more.") I would classify Randy's car as close to a "restomod" as a 928 gets. Originality has its place and valutation is more consistant, but values in restomods have gone way up, way down, and then back up over the last ten years, regardless of make. So, alot of the interest in this car just depends on market trends. Pre-surgery mileage on restomods generally does not matter, and is often unknown or unreported.
3. Based upon household economic demographics, we have seen a significant uptick in the prices paid for 1980's and 1990's "poster cars" of which the 928 is one.
4. Finally, if you have any expectation of getting a price for your car that even approaches, or better yet exceeds, what you spent on it (regardless of make), then you need a different hobby.
Thanks, Jason

77tony

Agree with Joe^^. IIRC this is a fairly low mile GTS with a fresh GB stroker motor, (35-45k?) new paint (14-16K?), great color combo, etc. I'd also say 70+ to the right buyer if seller is patient and willing to hit other markets...German eBay, Barrett-Jackon/Scottsdale, Mecum-Monterey, etc. Start with a higher asking price...can always negotiate down a bit or keep it.02 T

GeorgeM

This can be contentious, but I'll bite for a look at an unmodified example. I've always wondered how much the mileage would affect value.
'91 GT. Coral Red over cashmere. Ext 9/10, interior 9/10. Draped leather seats, driver seat heat, rear a/c, sunroof, rubbies, CD-2.
98k miles. GB fuel lines and alternator, Boge Sports (w/ 928 part nos but don't think this car came with the Sport option originally), otherwise stock except for modern stereo amp in stock location.
All maint up to date, new a/c comp, intake refresh 5 years ago.

voskian

Wisconsin Joe

Well, for 'originality' sake, along with proper upkeep, don't forget the GT with 200k and full records from Precision that was listed at $40k+ and sold in less than a week. I didn't disagree with the value, but I was expecting it to sit longer before the 'right' buyer found it (see below).

For Randy's car, I'd compare it more to Tony's "Just Beachy".

Very nice, but modified GTS. Didn't sell for a whole lot.

For a car like that, modded in an extremely functional way, by someone who is very well known for quality work, it would need the 'right' buyer.

I wouldn't disagree that it should be worth somewhere in the $70k range. But I doubt it would see that on BaT, or at any auction. It would be more like a Wilhoit car, sitting for sale until the right buyer came along.