Rennlist valuation of this car?
11-14-2004, 01:05 AM
#17
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Originally Posted by Chuck Z
I paid lots! The seller was originally asking $30k for Kermit and I will say, I paid a HELL of a lot less than that. I didn't buy it thinking I would sell it and make money, I (WE bought it - my SO loves it as much as I do!) bought it simply because I love all things 928 and intend to keep this one as long as I intend to keep the GTS. Did I over pay? In some people minds, probably. But, let me ask you this. How many times in your life do you come across an opportunity to buy a 26 year old 928 with 1,400 miles? My guess is, you may NEVER have another opportunity in your lifetime...... ever! I would also say, if the car were black, blue, white or red (especially red) we probably would not have bought it. It's unique, it has a unique interior, its in awesome shape with a known history. Some people aren't going to like the color but, oh well. I don't care, I love it!
The 78 has been on jack stands in my garage since July. I have been freshening up and replacing nuts, bolts, washers and rubber parts as well as some undercarriage and wheel well detailing. I probably have about $2k into misc parts so far not counting cost of changing all the fluids, spark plugs, timing belt and water pump. I must say, at this point it looks AWESOME.
I think the car referenced in this thread looks great too. I guess I just like things that are different. I love the color and I especially love the interior! If it were me and the car checked out, I would be willing to go to ~$10k. How many 928s have you seen like this one? The only small negative I see is that the miles are approaching the point where they will begin to overshadow the cars uniqueness.
Sure you could get a bargain S4 for that kind of money but guess what; thats just what you'll end up with, you get what you pay for (in most cases). When all is said and done, you'll have a cheap S4 (probably tired looking and with a pile of miles) that you'll probably pour lots of money into and it most certainly will never be as unique or as cool as this car! It will definitely not be as clean and fresh as this car appears to be.
The car is worth whatever you feel comfortable paying for the opportunity to own a unique and what appears to be a really nice 1978 928.
The down side is, parts are getting increasingly hard to find.
For example, here are a few things I've encountered so far:
Parts that are no longer available from Porsche:
Gas tank
Gas tank Strap
Fuel pump cover
Drive belts
Weatherstripping (under hood along fender rails)
Pasha fabric (did not need any)
Fuel tank strainer
Intake tubes
Numerous nuts, bolts and washers
Maintenance and warranty books
Original keys
Original air compressor
That's the stuff I can think of off the top of my head and I'm just getting started. There's lots more.
The 78 has been on jack stands in my garage since July. I have been freshening up and replacing nuts, bolts, washers and rubber parts as well as some undercarriage and wheel well detailing. I probably have about $2k into misc parts so far not counting cost of changing all the fluids, spark plugs, timing belt and water pump. I must say, at this point it looks AWESOME.
I think the car referenced in this thread looks great too. I guess I just like things that are different. I love the color and I especially love the interior! If it were me and the car checked out, I would be willing to go to ~$10k. How many 928s have you seen like this one? The only small negative I see is that the miles are approaching the point where they will begin to overshadow the cars uniqueness.
Sure you could get a bargain S4 for that kind of money but guess what; thats just what you'll end up with, you get what you pay for (in most cases). When all is said and done, you'll have a cheap S4 (probably tired looking and with a pile of miles) that you'll probably pour lots of money into and it most certainly will never be as unique or as cool as this car! It will definitely not be as clean and fresh as this car appears to be.
The car is worth whatever you feel comfortable paying for the opportunity to own a unique and what appears to be a really nice 1978 928.
The down side is, parts are getting increasingly hard to find.
For example, here are a few things I've encountered so far:
Parts that are no longer available from Porsche:
Gas tank
Gas tank Strap
Fuel pump cover
Drive belts
Weatherstripping (under hood along fender rails)
Pasha fabric (did not need any)
Fuel tank strainer
Intake tubes
Numerous nuts, bolts and washers
Maintenance and warranty books
Original keys
Original air compressor
That's the stuff I can think of off the top of my head and I'm just getting started. There's lots more.
Shalam Shalakem'
11-14-2004, 08:31 AM
#18
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Originally Posted by 928andRC51
That 928 Registry info shows high bid in 2003 (probably the owner selling it now) of $8595.
That's one real valuation of the car.
That's one real valuation of the car.
11-14-2004, 09:19 AM
#19
Burning Brakes
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I'd say it will go for between 8 and 10k. I'd like to see it in the high teens... appropriate for it's place in history and the shape it's in after 25 years, but doubt we'll see that in our lifetime. I do love the early cars. As Chuck points out, restoration parts are getting scarce but if you're not constrained by concourse requirements, everything you'll need is out there. This example, depending on how much it's been driven and what's already been done, will need a couple grand in maintenance (tbelt, wpump, ball joints, belts, hoses, fluids, fuses, relays, bulbs, brakes, maybe shocks, tires, tie rods, bearings, alignment...). Depends on how **** you are. After all that, you've got a 25 year old beast with 75-100k worth of hard road miles in her before you have to go thru it again. You can get more performance/style(?) with the later generations but the base platform is still an awesome driver. Many would be hard pressed to keep up with Kempf and myself in our Old Buggers on the BRP.
I think this is a sweet car and would love to have it...
I think this is a sweet car and would love to have it...
11-15-2004, 03:45 PM
#21
I own this exact car only it's a 79 euro, grey market registry. Bought it in 86. It was a trade in on a 911 in 84 in San Diego. The color is gross but I love it because it's so unusual! The color is a factory color custom order only. Porsche was trying out different color combos back then. This color was originally used on late 70's 911 RS euro models. Custom order only. Porsche thought they might try it out on the 928 to see if they could use it on mainstream models for both the U.S. and euro markets. Big surprise! It never caught on anywhere. This color scheme is VERY, VERY rare but it doesn't change the value of the car. My car only has 39K original miles and I would be lucky to get $8,000 if I wanted to sell it. (DON"T ASK, NOT FOR SALE). Takes a brave individual to take a car this color out into the public. I know!!! Should be kept original. Someday the value will go up.
11-15-2004, 08:41 PM
#23
To the best of my knowledge it's simply called light beige (it's really more Flesh toned than anything). Not very exciting is it? Rather then clog this site with my home brew pics simply go to the registry, the car posted there is absolutly indentical. 
http://www.928registry.org/1978-928-0166.htm
http://www.928registry.org/1978-928-0166.htm
11-15-2004, 08:45 PM
#24
928 OB-Wan
Rennlist Member
Rennlist Member
Originally Posted by JeffHelmbolt
To the best of my knowledge it's simply called light beige (it's really more Flesh toned than anything). Not very exciting is it? Rather then clog this site with my home brew pics simply go to the registry, the car posted there is absolutly indentical.
http://www.928registry.org/1978-928-0166.htm
http://www.928registry.org/1978-928-0166.htm
11-15-2004, 08:54 PM
#25
Thank you! 
When I made an inquirery to Porsche in Germany several years ago they simply said it was "light beige". Also they informed me that this color was not available for restoration and would have to be color matched by a local paint shop. With computer matching that's not a problem. Did this car ever sell and if so to whom and for how much? I noticed it has Florida plates. 
When I made an inquirery to Porsche in Germany several years ago they simply said it was "light beige". Also they informed me that this color was not available for restoration and would have to be color matched by a local paint shop. With computer matching that's not a problem. Did this car ever sell and if so to whom and for how much? I noticed it has Florida plates.
11-16-2004, 03:37 PM
#28
There is a 1980 911 SC for sale by Westside Motorsports in Venice Beach, CA. that has been redone to look like those 911 RS versions that came that way from the factory. It even has the wheels painted solid black. Why in hell anybody would do that to a car is beyond reason.
11-16-2004, 04:35 PM
#30
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A low mileage all original 78 in mint condition and a unique color? I'd pay $10K for it if I was in the market. Sure you could get a project S4 for the same $$$. Where you going to get a great original example of the first MY.
Just my opinion.
Just my opinion.