Thoughts on this 928?
#16
Registered User
Thread Starter
Again, thanks for the input.
I have had fairly good luck with porsches in the past . I know that selling some models is slower than others. The 911s sold in 1 week. The 944turbo in a couple of months. I assume selling the 928 one day will take longer, who knows.
I have learned my lessons, though. Its best to buy a car, enjoy it for a year or two, and then sell. I have committed the fatal mistake of falling in love with cars in the past, and showering them with money and repairs. Sad fact is, no one cares. A pristine car is worth $2000 over a cheap one...go figure.
At this stage, I am looking for a care with fantastic cosmetics... Basically, it should look pristine. Speed matters less. I own some rather quick cars, but its difficult to enjoy them, they are very much out of their element on the road...
Keep the input coming .
I have had fairly good luck with porsches in the past . I know that selling some models is slower than others. The 911s sold in 1 week. The 944turbo in a couple of months. I assume selling the 928 one day will take longer, who knows.
I have learned my lessons, though. Its best to buy a car, enjoy it for a year or two, and then sell. I have committed the fatal mistake of falling in love with cars in the past, and showering them with money and repairs. Sad fact is, no one cares. A pristine car is worth $2000 over a cheap one...go figure.
At this stage, I am looking for a care with fantastic cosmetics... Basically, it should look pristine. Speed matters less. I own some rather quick cars, but its difficult to enjoy them, they are very much out of their element on the road...
Keep the input coming .
#17
Race Car
As a lot of people know on the board I got mine from another member for a song and a dance. That said my car has it's share of problems. From those I have spoken to not as many problems as a lot of others out there though. I picked my '88 S4 for $5500. I am at about $7800 in now including the initial purchase price and it needs about $4-5K more to get it to where I would like it. That would put my car in the right $'s for an '88 between $11500 and $16000. BTW I am the 6th owner of my 928 from best I can figure. That should not be an issue as long as the documentation is there. Heck, for that matter I only have a few things from the past 3 owners and I am not concerned really. I have nothing from the first 2 at all. I can also afford to take my time on the repairs as I have another DD.
They are out there to be found. Just keep looking. Also, I am sure you are aware that spring/summer pricing tends to be higher than fall/winter pricing. There was at least a foot of snow on the ground when I picked up my '88.
Again, good luck!
Michael
They are out there to be found. Just keep looking. Also, I am sure you are aware that spring/summer pricing tends to be higher than fall/winter pricing. There was at least a foot of snow on the ground when I picked up my '88.
Again, good luck!
Michael
#18
Rennlist Member
Originally Posted by bpu699
........talking an owner down $6000 on a car isn't going to happen.
You have two strong allies in negotiating for a 928. 1) A good PPI that shows the owner what you will be faced with after purchase, and 2) you may be the only one showing interest.
On the other hand, if the PPI shows few problems, and you like the looks of the car, give the man his money and begin THE SMILE.
#19
Originally Posted by Kaz
If you've already decided that talking an owner down to $6000 isn't going to happen then you've already lost the negotiation. Whose side are you on anyway, yours or the sellers?
I paid $5,000 for my '81 with 76,000+ miles. The seats weren't in the best shape, but pretty much everything else on the car was. I actually broke the rules and bought the car without a PPI. At the time when I bought it...I knew nothing about 928s, other than Pacino and Tom Cruise were both big fans. I saw a BIN for $5,000...thought it seemed like a great deal and I clicked the button.
I've had the car for almost a year now and I haven't had a single mechanical problem. I had a problem with an intermittent no-start for a while, but even the best PPI couldn't have told me that was going to happen, and I have to expect some electrical problems on a 26 year old car. I've spent about $2,000 on new seats and new carpet, things I knew I was going to have to replace anyways.
I wish I had found Rennlist and done some research before I bought the car...not long after I bought the car an '86 popped up on eBay for not much more. Of course, I suppose I could've had worse luck with that one or I could've passed on it after an inspection. Plus I would've missed out on the cool looking OB engine.
So...$7,000 for an '82 in good shape sounds like a good deal to me.
#20
Three Wheelin'
Join Date: Jun 2001
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Well the bottom line is the only person who needs to be comfortable with the purchase price is you the buyer. If your intent is to turn around and sell the car 2 years down the road keep in mind what Keith said about his first 928 which was about as clean as clean could get when he sold it.
#21
Well, I plan on keeping this baby for the rest of my life...unless somebody who knows nothing about 928s comes along and offers me a substantial amount of money. I doubt that is going to happen.
#22
Race Car
Originally Posted by Charley B
You have two strong allies in negotiating for a 928. 1) A good PPI that shows the owner what you will be faced with after purchase, and 2) you may be the only one showing interest.
On the other hand, if the PPI shows few problems, and you like the looks of the car, give the man his money and begin THE SMILE.
On the other hand, if the PPI shows few problems, and you like the looks of the car, give the man his money and begin THE SMILE.
#23
Nordschleife Master
Originally Posted by bpu699
Again, thanks for the input.
I have had fairly good luck with porsches in the past . I know that selling some models is slower than others. The 911s sold in 1 week. The 944turbo in a couple of months. I assume selling the 928 one day will take longer, who knows.
I have learned my lessons, though. Its best to buy a car, enjoy it for a year or two, and then sell. I have committed the fatal mistake of falling in love with cars in the past, and showering them with money and repairs. Sad fact is, no one cares. A pristine car is worth $2000 over a cheap one...go figure.
At this stage, I am looking for a care with fantastic cosmetics... Basically, it should look pristine. Speed matters less. I own some rather quick cars, but its difficult to enjoy them, they are very much out of their element on the road...
Keep the input coming .
I have had fairly good luck with porsches in the past . I know that selling some models is slower than others. The 911s sold in 1 week. The 944turbo in a couple of months. I assume selling the 928 one day will take longer, who knows.
I have learned my lessons, though. Its best to buy a car, enjoy it for a year or two, and then sell. I have committed the fatal mistake of falling in love with cars in the past, and showering them with money and repairs. Sad fact is, no one cares. A pristine car is worth $2000 over a cheap one...go figure.
At this stage, I am looking for a care with fantastic cosmetics... Basically, it should look pristine. Speed matters less. I own some rather quick cars, but its difficult to enjoy them, they are very much out of their element on the road...
Keep the input coming .
#24
Registered User
Thread Starter
I agree...
I bought the 944 turbo for $6500 or so...cost me some oil changes for a year or two...sold it for about the same.
The 911s was about 7-8000$ (years ago , 1976)...sold it for a small profit. This was my first porsche - and I wanted to make it perfect. What I quickly learned is that the moment I fixed one thing, another quickly broke/leaked. It didn't take too long to figure out that its cheaper to add oil than rebuild every gasket... Ah...the optimism of youth...
The 914 was bought for $4000. Neighbor offered $8000 the next day - its really rather clean.
Boxster I took a $5000 beating on...not eager to repeat that scenario, but its a relatively new car...so it was expected...
If you buy a porsche for a reasonable sum, and you tend to be a bit lucky...you can recoup your money. If you start "repairing" things, like new tires, rotors, etc...you will be in the hole in about 5 minutes. The goal is to buy a car that needs NOTHING immediately. All used cars need love, but you have to be smart about it...
I bought the 944 turbo for $6500 or so...cost me some oil changes for a year or two...sold it for about the same.
The 911s was about 7-8000$ (years ago , 1976)...sold it for a small profit. This was my first porsche - and I wanted to make it perfect. What I quickly learned is that the moment I fixed one thing, another quickly broke/leaked. It didn't take too long to figure out that its cheaper to add oil than rebuild every gasket... Ah...the optimism of youth...
The 914 was bought for $4000. Neighbor offered $8000 the next day - its really rather clean.
Boxster I took a $5000 beating on...not eager to repeat that scenario, but its a relatively new car...so it was expected...
If you buy a porsche for a reasonable sum, and you tend to be a bit lucky...you can recoup your money. If you start "repairing" things, like new tires, rotors, etc...you will be in the hole in about 5 minutes. The goal is to buy a car that needs NOTHING immediately. All used cars need love, but you have to be smart about it...
#25
Nordschleife Master
Originally Posted by bpu699
I agree...
I bought the 944 turbo for $6500 or so...cost me some oil changes for a year or two...sold it for about the same.
The 911s was about 7-8000$ (years ago , 1976)...sold it for a small profit. This was my first porsche - and I wanted to make it perfect. What I quickly learned is that the moment I fixed one thing, another quickly broke/leaked. It didn't take too long to figure out that its cheaper to add oil than rebuild every gasket... Ah...the optimism of youth...
The 914 was bought for $4000. Neighbor offered $8000 the next day - its really rather clean.
Boxster I took a $5000 beating on...not eager to repeat that scenario, but its a relatively new car...so it was expected...
If you buy a porsche for a reasonable sum, and you tend to be a bit lucky...you can recoup your money. If you start "repairing" things, like new tires, rotors, etc...you will be in the hole in about 5 minutes. The goal is to buy a car that needs NOTHING immediately. All used cars need love, but you have to be smart about it...
I bought the 944 turbo for $6500 or so...cost me some oil changes for a year or two...sold it for about the same.
The 911s was about 7-8000$ (years ago , 1976)...sold it for a small profit. This was my first porsche - and I wanted to make it perfect. What I quickly learned is that the moment I fixed one thing, another quickly broke/leaked. It didn't take too long to figure out that its cheaper to add oil than rebuild every gasket... Ah...the optimism of youth...
The 914 was bought for $4000. Neighbor offered $8000 the next day - its really rather clean.
Boxster I took a $5000 beating on...not eager to repeat that scenario, but its a relatively new car...so it was expected...
If you buy a porsche for a reasonable sum, and you tend to be a bit lucky...you can recoup your money. If you start "repairing" things, like new tires, rotors, etc...you will be in the hole in about 5 minutes. The goal is to buy a car that needs NOTHING immediately. All used cars need love, but you have to be smart about it...
#26
Registered User
Thread Starter
There is a difference between "being worried" about losing money, and purchasing/selling intelligently. I think it benefits everyone to look down the road, and realistically assess what you can resell a car for. Its that kind of foresight that allows you to buy more cars, toys, etc .
I have owned substantially more expensive cars, and have spent weeks buffing parts no one will ever see. So, I understand ones love for an automobile. But there is a difference in showering a very expensive car with detailing/maintenace, where the cost of these things is small in proportion to the auto's value.
When you buy a car for $5000...putting on nice tires can run 20% the value of the car. In that scenario, it makes less sense. I have done this many times, and learned that it just doesn't make sense in the long run...
I do enjoy working on my own cars, have a lift, etc. Sometimes its more fun than driving it. But as you get older, have kids, time just becomes scarce...
I have owned substantially more expensive cars, and have spent weeks buffing parts no one will ever see. So, I understand ones love for an automobile. But there is a difference in showering a very expensive car with detailing/maintenace, where the cost of these things is small in proportion to the auto's value.
When you buy a car for $5000...putting on nice tires can run 20% the value of the car. In that scenario, it makes less sense. I have done this many times, and learned that it just doesn't make sense in the long run...
I do enjoy working on my own cars, have a lift, etc. Sometimes its more fun than driving it. But as you get older, have kids, time just becomes scarce...
#27
Race Car
Maybe talk to Bill,
I know that his '87 was for sale at one time. Maybe it still is. That is unless you have your heart set on an OB.
https://rennlist.com/forums/928-forum/336795-for-sale-my-87-s4-a-t-77k-miles-13-500-a.html
and
https://rennlist.com/forums/for-sale-ads-member-to-member-fs-wtb-free/336791-1987-928-s4-a-t-77k-miles-13-500-a.html
Michael
I know that his '87 was for sale at one time. Maybe it still is. That is unless you have your heart set on an OB.
https://rennlist.com/forums/928-forum/336795-for-sale-my-87-s4-a-t-77k-miles-13-500-a.html
and
https://rennlist.com/forums/for-sale-ads-member-to-member-fs-wtb-free/336791-1987-928-s4-a-t-77k-miles-13-500-a.html
Michael