psjoe

Hello-
A 1986.5 928S 5-speed with 66K mi. has come up for sale near me. I think the price is high at $21k. The car is reported to be in outstanding condition, with documentation, and recent service (not sure what service). I think the car should sell in the low teens say $12-14k. If anyone can give me an opinion I would appreciate it.
Thanks - "new to Porsche" - Joe

Jersey928Kid

I bought my 86.5 5speed with 73k miles about a year ago that looked great except for a few bumps and bruises for 6000... but it quickly charged me 5000 in repair costs over a year...

Mark

Unless it is near PEREFECT - the low teens is high....in VERY GOOD condition, $8-10 is more like it.
NONETHELESS - I have three suggestions for you before you consider it at ANY price...
1- Get a PPI
2 - Get a PPI
3 - GET A PPI!!!

Only then can you begin to get a good idea of what it is worth!

MikeN

If it is in near perfect shape with all maintenance up to date, perfectly working A/C, Timing Belt W/P done, etc.....then $12k would not be a bad place. Condition and maintenance is *everything* with these cars......looking for a bargain doesn't work out too well unless you are ready for it IMO. The 86.5 5-speed is a nice model to have.......I'd pay a little extra for it.

James-man

High price unless you are a car collector.

I bought mine 10 years ago in very good condition with 17,000 for less than $21k even after putting in a timing belt and water pump.

$12-$14 may be worthwhile to you if there is NOTHING needed per a PPI.

psjoe

Thanks for all the great info. Is it ok to post a link to the sale ad for this car in this thread?
-Joe

Mark

SURE! - But you risk someone buying it out from under you!! LOL

Seriously - pics are worth a thousand words...at the least - we may get enuff info from the listing to let you know if it is worth considering and worth spending a couple hundred on a THOROUGH PPI! THere are MANY cases like this, where someone spotted something in a listing or saw something in a pic that thru up a 'red flag'!

Mark

OH - also - there's a good chance that someone on the list knows the car!

You might want to post where you are and where the car is located.

psjoe

I am in NJ. Car is in PA.
It's a used dealer I was directed to by the NNJR PCA forum.
Check under inventory, the picture is not working on the inventory page but the link is and will bring up a bunch of deailed pics and description. Thanks
http://www.aicauto.com/

Mark

WOW - VERY nice example - from what I can tell. Nice options (LSD!) and looks to have complete records - another big plus.

#1 question - when was the last timing belt/water pump replacement done?

(Because of no power from H'cane Dennis - I am on my laptop, and couldn't really scrutinize the pics very well. Surely some others will chime in!)
Maybe on of the sharksters in the Philly/BWI/Wilm, DE area can take a look/drive in it with you.

Still - not worth anything close to $20k!

Ron_H

Mark's advice is best.

I bought my '86.5 for $6500 after a PPI. I won't tell you how much I put into it following that purchase over the past 3 1/2 years, and the PO used a buffer on the paint and now it is beginning to show places where it was burned through the clear. It is fair to say that I am upside down in it financially and will only make out if I keep and drive it several more years. But it is in good condition and most of what it will need has been done. Some of my costs are normal maitenance, so if you do the work yourself it will not hurt too muct (if you have the time, which I don't anymore).

The car is a fantastic GT machine that was quite expensive when new. I have never found a better ergonomically designed machine yet for its purpose; not just another pretty face. I want to keep it forever. And I am glad I got an '86.5 specifically for many reasons. The best one doesn't apply to your car because mine is an automatic. Parts are expensive and sometimes non-existant, that's a given. The car is old (19 years), that's also a given. But once you have it in top condition it will reward you more than you can believe. I just returned from a 6700 mile adventure in it, laughing the whole way. Check out the recent thread: " Back From Parade" in this forum and look at the photos. This with a car with 160,000 miles on the odometer.

I would pay more than others for a good well maintained '86.5 928S, because there will be a time when there will be no more around. I would only want a GTS above that year. But then I am subjective, and you will be too if you buy and use it for its intended purpose.

I am now looking for a deal on ebay for spray painting and airbrush equipmentl to take care of the PO's poor maitenance of the paint. Guess I'll learn to paint my own shark. If I bought the car you are considering, I would go directly to the nearest 3M dealer and have them install a 3M clear bra on the front of that car including the mirrors.

928drvr86.5

It's funny how the same people saying i would never pay $_______ (fill it in), no matter how nice, for a 19XX 928 are the same guys that think THEY should get top dollar for THEIR toy when it comes time to sell.

These same gentlemen would probably offer Chuck Z $3000 for his Kermit green '78 "because that's what '78's go for"

928 prices are driven by YOU, the enthusiast.

Ron_H

I must agree. The price is what the buyer is willing to pay the seller at that point in time. I would not get what I think my car is worth if I had to sell it tomorrow, unless someone who knew the car and appreciated it as I do walked in the door. Unlikely that is going to happen. At Parade, I spotted a guy dusting off his silver street driven GT-1. He probably paid 1 million $ for it.
I walked up to him and said: "I want it!" and I did, but lack a million to pay for it. If I had more than a million, I would plunk it down for that car at that time.
He laughed and said that he had another one in his garage. He would not sell either, and probably didn't need to. So to get that car I would need to "persuade" him with more than what the market says the car is worth, if he could be persuaded at all.

I would do alot before I would sell my 928 for what the market says it is worth, because I want the car more than the next guy. And I would pay more for a prime example than what the market says it is worth because I want it. Must be my age or something.

Randy V

A fairly informative read 'What's It Worth' by Roger Woodbury at the 928 Owner's Club:

http://www.928oc.org/journal/the_shark_pool_050321.htm

psjoe

Seems like a real nice guy. He has replaced the clutch, recharged the A/C, 4 new tires, new brakes. He has 3k in service records for the work that he just did, plus all the older service records for the car. The t-belt and tensioner were done in 01 at 49k mi..

Nice car. Too much for me to spend on a fun 3rd car. But as stated the market may bear the price.

Thanks to all that responded, really good information here it's a great community. Hope to join soon.