Notices
928 Forum 1978-1995
Sponsored by:
Sponsored by: 928 Specialists

Did I list to low ? What are real prices ?

Thread Tools
 
Search this Thread
 
Old 09-20-2020 | 09:36 AM
  #1  
Ramp's Avatar
Ramp
Thread Starter
Pro
 
Joined: Oct 2006
Posts: 569
Likes: 12
From: Long Island
Default Did I list to low ? What are real prices ?

As many on the forum know from my threads, I've put a good amount of time and money into my 2 owner 86.5 S3 Roger Box with 44k. I'm hooked on the 928 but want a 5 speed and am looking to sell. I threw it up on craigslist at $21.5 and have multiple people coming to look and no one is questioning the price. I thought that would be on the high side but did I list too low ? Most major work has been done and everything is fully functional - including the AC which was the last thing needing to be sorted.
Old 09-20-2020 | 09:46 AM
  #2  
hlee96's Avatar
hlee96
Rennlist Member
 
Joined: Jan 2015
Posts: 3,019
Likes: 198
From: Near Mushroom Capital of the World
Default

Did you sell it yet? Not too low if no one is coming with $21.5k cash and ready to buy on day 1 of showing. COVID and people being bored and some of the reasons for multiple parties looking at multiple cars. People are looking for potential bargains during these desperate times in our predicted financial and political downturns. Throw some pics and info out so we can determine. Sorry, but I haven't followed the work done on your beauty off the top of my head :-).
Old 09-20-2020 | 10:21 AM
  #3  
FredR's Avatar
FredR
Rennlist Member
 
Joined: Jun 2005
Posts: 9,968
Likes: 785
From: Oman
Default

Originally Posted by Ramp
As many on the forum know from my threads, I've put a good amount of time and money into my 2 owner 86.5 S3 Roger Box with 44k. I'm hooked on the 928 but want a 5 speed and am looking to sell. I threw it up on craigslist at $21.5 and have multiple people coming to look and no one is questioning the price. I thought that would be on the high side but did I list too low ? Most major work has been done and everything is fully functional - including the AC which was the last thing needing to be sorted.
Have you actually driver a manual tranny 928? It is easy to lust after one but a well sorted example has a lot of virtue and value to the owner. I had a similar vision some years ago until I actually got to drive my friends manual S4 and quite frankly I was underwhelmed. If I wanted a track car fair enough but if you are driving it on the street? If I could have a magical update to my auto equipped 928 it would be to have the 6 speed tiptronic box fitted to my Cayenne Turbo S yet alone one of the later double clutch boxes.

Bottom line if you have driven a manual 928 and you liked it then by all means go for it but just remember good examples are few and far between and are not exactly bargain basement buys these days.
Old 09-20-2020 | 12:28 PM
  #4  
gazfish's Avatar
gazfish
Rennlist Member
 
Joined: Feb 2016
Posts: 1,051
Likes: 197
From: Dublin, Ireland
Default

My wish list would be a torque converter lockup in top, but that would require knowing when it was in 4th and when to disengage.
Old 09-20-2020 | 01:18 PM
  #5  
Rob M Budd's Avatar
Rob M Budd
Addict
Rennlist Member

Rennlist
Site Sponsor

 
Joined: May 2002
Posts: 1,890
Likes: 276
From: Dearborn Heights, MI
Default

Hagerty valuation

Note that they say to deduct 20% for automatic trans
Attached Images
File Type: pdf
1986_Porsche_928_S-1.pdf (885.3 KB, 90 views)
Old 09-20-2020 | 04:20 PM
  #6  
fiatrn's Avatar
fiatrn
Rennlist Member
 
Joined: Mar 2015
Posts: 249
Likes: 63
From: Denver, CO
Default

I think pricing is difficult, and that's why people are drawn to auctions. I personally dislike the auction format, and if I sell my 928 I will just post it with a price. But auctions do seem to get interest and competition going, and return great prices for many cars. Just not my gig. I like your way of selling better.

If you are worried, tell people you are going to let everyone see it and then decide based on offers made, not on the First offer made.

5 speeds might be worth more to collectors, but there might be More buyers for an automatic, just at a slightly lower price? And condition often overcomes options - this list is always telling people to buy the best car they can afford.

Some people say that sellers set prices, some people argue that buyers set prices, there's no perfect answer.

The market is oddball. The Fed just said they're not raising rates, so savings accounts are never growing and physical investments might seem better to people. The 86.5 market is small, and you could be generating interest bc you have the right car in the right place. Or perhaps you are too low, in which case you'll get a bunch of offers you can refuse them, and then try a higher price, or say to people "I have other full price offers, do you want to offer more." If people offer.

Your car looks lovely*.

*I am prejudiced - I have an 86.5 too. It is a 5speed and you would be welcome to drive it if you were local (I am in Colorado).

Old 09-20-2020 | 06:20 PM
  #7  
SteveG's Avatar
SteveG
Rennlist Member
 
Joined: Jul 2001
Posts: 6,519
Likes: 99
From: New York
Default

Nice car, looks well maintained, except for the driver's seat bolster. Price may be high, you've already noted lack of offers, time is a factor in any sale. If you are in a hurry, well, start lowering the price and you will wonder what waiting would have brought, but you will be enjoying the 5-speed, or maybe not, I think they are overrated, but then they command more $$. CL is pretty limited exposure. Why haven't you listed in the Marketplace?
Old 09-21-2020 | 08:28 AM
  #8  
Ramp's Avatar
Ramp
Thread Starter
Pro
 
Joined: Oct 2006
Posts: 569
Likes: 12
From: Long Island
Default

Originally Posted by FredR
Have you actually driver a manual tranny 928? It is easy to lust after one but a well sorted example has a lot of virtue and value to the owner. I had a similar vision some years ago until I actually got to drive my friends manual S4 and quite frankly I was underwhelmed
No I haven't but I still want a stick in my fun cars. The auto just doesn't do it for me.

Originally Posted by Rob M Budd
Hagerty valuation. Note that they say to deduct 20% for automatic trans
Helpful thanks

Originally Posted by SteveG
Nice car, looks well maintained, except for the driver's seat bolster. Price may be high, you've already noted lack of offers, time is a factor in any sale. If you are in a hurry, well, start lowering the price and you will wonder what waiting would have brought, but you will be enjoying the 5-speed, or maybe not, I think they are overrated, but then they command more $$. CL is pretty limited exposure. Why haven't you listed in the Marketplace?
Interesting how you found my listing. I didn't want to put it here as I was really looking for the discussion and not to be accused of really trying to sell it on this forum. I could and may list on Renn but thought I would try local. No intention of giving it a way, no need to sell, next month it will go into a heated garage with my 87 911 for the winter and I wanted to get something else as a winter TLC project.

I've had 3 people look in 2 days and 2 are getting back to me with possible offers but not sure I'm willing to entertain anything other than asking. Keep in mind I have $7k in new parts plus new 18" Panamera rims with brand new Michellins, that alone is about $1800.


Old 09-21-2020 | 09:09 AM
  #9  
slownrusty's Avatar
slownrusty
Rennlist Member
 
Joined: Apr 2005
Posts: 2,877
Likes: 337
From: Houston, TX
Default

My first foray into 928s started in 2005 with only automatics and I was never really impressed, they were good cruisers but lacked the driver input and the performance was OK. Fast forward to present time, I now have a S4 manual and it is completely different and really great experience. I can totally understand why @Ramp is interested in a 3 pedal car, the driving characteristics and overall experience is superb.

I think your price at $21.5k is very fair.
Old 09-21-2020 | 09:29 AM
  #10  
Petza914's Avatar
Petza914
RL Community Team
Rennlist Member
 
Joined: Oct 2007
Posts: 26,442
Likes: 6,850
From: Clemson, SC
Default

I've never driven a 928 with a good originsl 5speed as mine '79 had worn synchros. I hear they don't shift like more modern manual transmissions and require a distinct pause between fear changes. Mine not only required a pause, but also double clutching. Made my upgraded power plant result in a pretty slow car. Took the leap and installed a z06 6speed and it's so much more enjoyable and faster since I can actually change gears like I do in my 997s. I'm a big MT guy though. Started my Cayenne hunt for a 957 GTS just because it had a manual transmission option - ended up with a Turbo S because of the 250 additional HP mine has with mods.

Anyway, I'd drive a proper manual 928 to see if you like the transmission shift feel or factor in $10k to move to the Corvette setup from 928ms.the gear ratios on that are also much improved if you'll be adding HP too. I can cruise at 2k rpm at 85-90 mph now.
Old 09-21-2020 | 10:21 AM
  #11  
SteveG's Avatar
SteveG
Rennlist Member
 
Joined: Jul 2001
Posts: 6,519
Likes: 99
From: New York
Default

.[QUOTE]Interesting how you found my listing/QUOTE]

I looked on CL.
Old 09-21-2020 | 10:41 AM
  #12  
86.5928SNJ's Avatar
86.5928SNJ
Advanced
 
Joined: Jul 2020
Posts: 90
Likes: 5
Default

I believe that 5spds trade at a premium over Autos on BaT....so in that single marketplace, people want stick shift. in the wider markets, I can't say if people prefer manual or auto.
Old 09-28-2020 | 09:29 AM
  #13  
Ramp's Avatar
Ramp
Thread Starter
Pro
 
Joined: Oct 2006
Posts: 569
Likes: 12
From: Long Island
Default

Well, not sold but only posted on CL. Two serious buyers, both ultimately declined as they said they really wanted a 5 speed - duh, that's why I'm selling but neither had anything negative to say about the car and didn't question the listed price.

Might as well put it out there and I'll probably list here shortly.

https://longisland.craigslist.org/ct...195666019.html
Old 09-28-2020 | 10:05 AM
  #14  
Mrmerlin's Avatar
Mrmerlin
Team Owner
 
Joined: May 2004
Posts: 28,639
Likes: 2,666
From: Philly PA
Default

Nice car, to add a lil bling ,
you can get a new set of Hella, 7 inch H4s from Amazon for 87.00 toss out those funky sealed beams.
Its a 10 min to plug and play comes with new bulbs.
You might consider spending 100.00 for a set of door panel inserts maybe made of Pasha to add some contrast.
Include the originals with the sale takes about 1 min to swap per side. Classic 9 Leather shop makes them



Last edited by Mrmerlin; 09-28-2020 at 10:11 AM.
The following users liked this post:
pauliegirl (09-28-2020)
Old 09-28-2020 | 11:59 AM
  #15  
icsamerica's Avatar
icsamerica
Banned
 
Joined: Mar 2018
Posts: 832
Likes: 314
Default

Originally Posted by Ramp
As many on the forum know from my threads, I've put a good amount of time and money into my 2 owner 86.5 S3 Roger Box with 44k. I'm hooked on the 928 but want a 5 speed and am looking to sell. I threw it up on craigslist at $21.5 and have multiple people coming to look and no one is questioning the price. I thought that would be on the high side but did I list too low ? Most major work has been done and everything is fully functional - including the AC which was the last thing needing to be sorted.
NY Craigslist is mostly filled with bargain hunters, scammers and dreamers, Has been for some time. Your 928 is going to need a much wider audience at that price point so try BringATrailer or Cars and Bids after getting the bolster repaired. I've sold a car on BAT and it was a good experience on all levels as a car guy.

I'm in NYC, Staten Island specifically, and have a 86.5 with a 5 speed. I wouldn't own an automatic 928 unless it was for my wife to use. I'm a manual guy, I have 4 manual cars, a rubber band Hybrid for work and an Auto'magic Escalade for dragging the family around. The fifth manual I had, a 6 speed V12 jaguar left me recently (sad face) so I'm down to 4 now. Not bragging just trying to point out my disposition for Manual cars and why I think an auto'magic 928 is useless from a driver experience point of view. Just about any modern high performance car can offers a great modern high performance driving experience with powerful small rev'y engines and 8 speed quick automatics. As a driver involved upgraded 5 speed from a 'better managed time'... the 928 with a manual still shines as novel and involving. I had an S4 Auto for 3 months once, long ago, which was about 83 days too long.

No surprise... I have 86.5 928 5 speed and love it. X pipe, SuperPro bushes, LSD, Koni Shocks, lowered, easy rack, S300 Upgrades, GTS brakes, Panamera wheels with Cup2s. Very different than the way Porsche built it but still true the to designers intent but perhaps even more so in my opinion. It still has a 928 feel and balance but modern tires really up the ante.

If you're undecided or a bit swayed but the automatic owners... let me know if you want to meet up and swap keys for awhile, perhaps the scenic roads and views of Hariman State Park one Sunday morning. I have a track day at limerock in late October and need to shake the 928 down in advance of.

Last edited by icsamerica; 09-28-2020 at 12:12 PM.


Quick Reply: Did I list to low ? What are real prices ?



All times are GMT -3. The time now is 08:51 PM.