bronto

Again, the tradeoff for you was BS vs. Price. Chalk another one up for the buyers on eBay. To you the tradeoff was worth it. More power to ya. Doesn't change the fact that eBay is a great place to get a good deal when buying, not when selling.

Dan87951

I guess it all depends on what you define as a "good deal"? I had the car listed locally for 13,900 and was expecting to be somewhere in the 12's with a buyer. Thats exactly what happened! My black 928 brought more money on ebay than I had it listed on rennlist and autotrader so there are exceptions.

bronto

How did you determine your listing price? I haven't tracked the late '80's versions. I'm wondering where your buyer came from. Locality could be a factor here. I recently saw that Porsche pulled out of the Detroit Auto Show. Porsche didn't say exactly why, but the article pointed out that Porsche sold only a few hundred cars in all of Michigan last year and reasoned that they didn't want to spend money where there wasn't much of a market of Porsche buyers.

Dan87951

They key to an ebay listing is always start them real low and have no reserve on it. Also be very detailed in your description and include plenty of pictures and the bidders will come! In my case I started the auction at $.01 and had a few bidders duking it out at the end which worked great in my favor. The buyer is from CT.
Porsche was at this past Detroit Autoshow as I was there and grabbed a poster from them. Don't know what you mean by they weren't at Detroit this year?

spinaker

I agree that the marginal condition cars tend to depreciate the value of the pristine ones.

Different class of sports car, but I owned a Datsun 280 ZX for several years that I purchased at the bottom of the market. At that time, a lot of local guys had hopeless garage projects trying to restore rusting bodies. My key purchase criteria was a rust free body. As the garage projects were gradually abandonned and crushed, the value of my now upgraded and maintained vehicle more than doubled from the purchase price (50% net gain over "all in" cost).

This can happen to 928s as well. Two additional factors may influence timing and pace of appreciation.....(1) Porsche's introduction of a new 928 or other front engine V8s which will take front engine models out of the "not really a Porsche" category, (2) the continual boasting by Rennlist members and others about how little they paid for their car. Stop setting low expectations. The more relevant question is what value do you place on it? The value of my car is double what I paid for it and I likely wouldn't sell it for less. Even my wife, who normally isn't enthusiastic about my project investments (cars and sailboats), loves the car and feels that it is worth much, much more than I paid for it. She would rather see me park/store it than sell at a "low" price. She has twice talked me out of offering it for sale.

Courtshark

= keeper! See my earlier post re: my wife is afraid of my S4, lol. Still trying to remedy that little situation...

bronto

Agree completely on that. You can't attract bidders when the starting price is high or there is a reserve. They don't think you're serious. They'll wait until you get serious, or until someone else crosses the threshold you set. I act that way as a bidder myself.
There you go. He had to figure travel & delivery into the picture. I spent almost $1000 (25%) on travel and delivery (flying there, driving back) to get mine from MO to CA. That's money I considered when making the bid, but didn't benefit the seller at all. Did your seller see the car prior to bidding? If not, how much more would he have been willing to bid if he had? He probably didn't tell you.

Next year. It was in the LA Times last week I think. Very recent news.

marton

Future prices of 928s...

Good points are that you rarely find a rusty (they do exist) and they still deliver a lot of performance pretty quietly and combined with a good chassis.
Bad points are that they are costly to repair (even when you do a lot of work yourself) and they were never really accepted as Porsches

When they run they are great; when not they can be frustrating. Mine has had a series of water leaks almost since i got it & has one now, gets harder each time to raise the enthusiasm to trace new leaks.

I have fixed the then current leak at various times & had or done
radiator side tanks
heater valve (2)
short heater hose (2)
various other hoses
water pump (2)
thermostat (2)
Cam tower bolt (that penetrates water jacket)
replaced heater hose clamps
coolant reservoir tank
reservoir cap (2)
probably other things......

I have had periods as long as 4 months without water leaks and as short as 2 weeks.

In summary; I think prices will float around the current levels

Marton

Larry Velk

There are exceptions, but concors winners and high place cars from first class events (PCA, etc.) don't often auction or go public. Most really nice cars are private trade. The difference is in the detail - little nicks and scuffs. Our 928 is a classic E-bay car - very low miles (57k), 5-speed, I'm the 3rd owner, standard color, BUT.... lots of nicks and dings that wouldn't show on a monitor. Many PPI guys would say it was great, but put it in a judged event and the points start coming off. Many great mechanics and entusiasts are kind of indifferent to the detail of really choice cars and won't pay the price. Super 928's bring pretty good money but many that are reported to be super are, in fact, not quality in the little details.