1991 928 Euro GT value?
#1
1991 928 Euro GT value?
I have the opportunity to purchase a 1991 Porsche 928 Euro GT with less than 50,000 miles on it. It also appears to be in perfect condition inside and out (this car was seriously babied and looks brand new). The car isn't in the US yet, but the buyer (who I trust) is in the process of getting a title for it in the US (already paid for, etc).
Another one that I've been looking at is a 1990 Porsche 928 Euro (S4). It also has very low miles (under 50,000) and is in perfect condition inside and out.
The VIN on the 1991 is WP0ZZZ92ZMS80xxxx and from what I understand, that VIN does match up with the description of it being a 91 euro GT.
Unfortunately I'm having a hard time figuring out about how much these would be worth... Anyone have any ideas?
Another one that I've been looking at is a 1990 Porsche 928 Euro (S4). It also has very low miles (under 50,000) and is in perfect condition inside and out.
The VIN on the 1991 is WP0ZZZ92ZMS80xxxx and from what I understand, that VIN does match up with the description of it being a 91 euro GT.
Unfortunately I'm having a hard time figuring out about how much these would be worth... Anyone have any ideas?
#2
Addict
Rennlist Member
Rennlist
Site Sponsor
Rennlist Member
Rennlist
Site Sponsor
Joined: Jul 2001
Posts: 11,542
Likes: 3
From: Anaheim California
You will have an even harder time figuring out how to register it in the U S . Federalization a large word for an even larger problem. The moment that the ZZZ in the vin hits your state's DMV computer all the warning lights go off. The costs to get it legal are $10,000 or so.
#3
Supercharged
Rennlist Member
Rennlist Member
Joined: May 2002
Posts: 18,925
Likes: 65
From: Back in Michigan - Full time!
Being a euro doesn't help the value... in fact I would go so far as to say it hurts the value because it's an odd duck in this market. Mechanically, it is the same as the US carts, so being a Euro offers no advantage int his case.
If you can confirm that it is a 1991 MY, and that it is a 5-speed, then in all likelihood, it is a GT (engine should be an M/47). Porsche did not make any 1990-1991 5-speed S4's.
I suspect this is probably a Japan vehicle that was shipped to Canada and now trying to be sold into the US. The federalization requirements are quite strict from what I've read and can be very expensive as well.
DO NOT PUT ANY MONEY ON THIS CAR UNTIL YOU HAVE RECEIVED THE FEDERALIZATION CERTIFICATES and verified the validity of the title.
But to answer your main question, the value of a 1991 GT in the US market is anywhere between $18k and $30k depending on condition, mileage, and options. Personally, I would take $5k off for being a grey market car, unless the car's history can be independently verified.
If you can confirm that it is a 1991 MY, and that it is a 5-speed, then in all likelihood, it is a GT (engine should be an M/47). Porsche did not make any 1990-1991 5-speed S4's.
I suspect this is probably a Japan vehicle that was shipped to Canada and now trying to be sold into the US. The federalization requirements are quite strict from what I've read and can be very expensive as well.
DO NOT PUT ANY MONEY ON THIS CAR UNTIL YOU HAVE RECEIVED THE FEDERALIZATION CERTIFICATES and verified the validity of the title.
But to answer your main question, the value of a 1991 GT in the US market is anywhere between $18k and $30k depending on condition, mileage, and options. Personally, I would take $5k off for being a grey market car, unless the car's history can be independently verified.
#4
Being a euro doesn't help the value... in fact I would go so far as to say it hurts the value because it's an odd duck in this market. Mechanically, it is the same as the US carts, so being a Euro offers no advantage int his case.
If you can confirm that it is a 1991 MY, and that it is a 5-speed, then in all likelihood, it is a GT (engine should be an M/47). Porsche did not make any 1990-1991 5-speed S4's.
I suspect this is probably a Japan vehicle that was shipped to Canada and now trying to be sold into the US. The federalization requirements are quite strict from what I've read and can be very expensive as well.
DO NOT PUT ANY MONEY ON THIS CAR UNTIL YOU HAVE RECEIVED THE FEDERALIZATION CERTIFICATES and verified the validity of the title.
But to answer your main question, the value of a 1991 GT in the US market is anywhere between $18k and $30k depending on condition, mileage, and options. Personally, I would take $5k off for being a grey market car, unless the car's history can be independently verified.
If you can confirm that it is a 1991 MY, and that it is a 5-speed, then in all likelihood, it is a GT (engine should be an M/47). Porsche did not make any 1990-1991 5-speed S4's.
I suspect this is probably a Japan vehicle that was shipped to Canada and now trying to be sold into the US. The federalization requirements are quite strict from what I've read and can be very expensive as well.
DO NOT PUT ANY MONEY ON THIS CAR UNTIL YOU HAVE RECEIVED THE FEDERALIZATION CERTIFICATES and verified the validity of the title.
But to answer your main question, the value of a 1991 GT in the US market is anywhere between $18k and $30k depending on condition, mileage, and options. Personally, I would take $5k off for being a grey market car, unless the car's history can be independently verified.
I need to sell my GT, its pretty much fully restored, you can look up threads of all the things ive covered. Its not a low mileage car, but i can argue all day that its going to be in better condition mechanically and will require far less time and money keeping it tip top then would any other 928, low miles or not.
Doesnt sound like its federalized, so as Jim said, add at least 10K, and expect it to take 6 months, not the 2 months that they tell you it takes. All in all a headache for a 928. You go through this crap for a rare bird like a 993 RS 3.8L or something that was never sold in the US. As is there are 928 GT's available and if the price is too good to be true, well........ you know what they say about that.
#5
I will definitely request the federalization certificate on this one. The guy who is selling it has sold quite a few cars here in the US, and it is imported from Japan to Canada (does that raise some red flags?).
I'm assuming it's a 1991 GT since the VIN seems to suggest that. It is however an automatic... Were there no 91 GTs that were automatics?
Thanks for all the tips and advice!
I'm assuming it's a 1991 GT since the VIN seems to suggest that. It is however an automatic... Were there no 91 GTs that were automatics?
Thanks for all the tips and advice!
Trending Topics
#8
Addict
Rennlist Member
Rennlist
Site Sponsor
Rennlist Member
Rennlist
Site Sponsor
Joined: Jul 2001
Posts: 11,542
Likes: 3
From: Anaheim California
Not a GT regular S-4 vast majority of Japanese 928s are auto . The rules in Canada lets in ANYTHING 15 years or older... so lots of Japanese imports. The cars sell for very little in Japan. As a Euro ZZZ vin it would probably NEVER be legal in California even with the full Monty federalization that limits the market. I highly doubt that the seller is really going to properly federalize the car just to sell it.
#9
Ernest, Are you still selling your car? You probably got less than 50K on it, don't you?
DRob, See Ernest's answer to the above question. If he is still selling it, buy it. It is one of the nicest cars you will find on the road today.
DRob, See Ernest's answer to the above question. If he is still selling it, buy it. It is one of the nicest cars you will find on the road today.
#10
Thanks! So the guy gave me a bogus VIN number too... That's not a good sign. I was going to throw an offer of 16,500 or 17,000 at it (which is at the edge of what I can pay at this time, unless I sell my daily driver). I spoke with the guy on the phone last night and he has it for sale locally I guess for 18,000.
Here is the link for the car on Ebay: Ebay Auction Link
His feedback seemed great, and the people I talked to in both the US and Canada had good dealings with him. But him giving me a VIN that doesn't match what it is, and now I'm wondering about the "title" he has paid for in Florida supposedly. He said he's waiting to complete that until it sells so he can have it registered in the buyers name.
The guy runs "Nimble Motors" in Canada. Looking up the address for his shop, it looks like it used to be (or still is) "Usa1 Automobile Importers". He sells a lot of minis and his ebay name used to be 'shrinkmyride' and apparently owned a shop called "Shrink My Ride" in Toronto.
Sounds like this may be one of those things that are too good to be true
Here is the link for the car on Ebay: Ebay Auction Link
His feedback seemed great, and the people I talked to in both the US and Canada had good dealings with him. But him giving me a VIN that doesn't match what it is, and now I'm wondering about the "title" he has paid for in Florida supposedly. He said he's waiting to complete that until it sells so he can have it registered in the buyers name.
The guy runs "Nimble Motors" in Canada. Looking up the address for his shop, it looks like it used to be (or still is) "Usa1 Automobile Importers". He sells a lot of minis and his ebay name used to be 'shrinkmyride' and apparently owned a shop called "Shrink My Ride" in Toronto.
Sounds like this may be one of those things that are too good to be true
#11
It's still for sale and has 81K on it. $23000.00
91GT with 80,133 miles, black over cashmere
Built-in V1 radar detector
Powder coated, refreshed intake 20K miles ago.
New motor mounts 3 years ago.
Adjustable rate fuel pressure regulator
Fuel pressure gauge
Devek high capacity radiator
X pipe with RMB
Documented 310 RWHP
New clutch 12K miles ago.
Adjustable drop links all four corners.
Internally adjustable Konis and Eibach springs.
New tie rod ends and steering rack bushings.
New belly pan.
8 inch Hellas with high output bulbs.
No leaks.
No accidents.
Paint is 8/10 with stone chips in front and on mirrors.
Interior is 8.5/10 with wear on the driver’s seat bolster. No dash cracks.
Passenger’s side air bag warning actuator needs connection cleaned. (new sensor included just in case)
91GT with 80,133 miles, black over cashmere
Built-in V1 radar detector
Powder coated, refreshed intake 20K miles ago.
New motor mounts 3 years ago.
Adjustable rate fuel pressure regulator
Fuel pressure gauge
Devek high capacity radiator
X pipe with RMB
Documented 310 RWHP
New clutch 12K miles ago.
Adjustable drop links all four corners.
Internally adjustable Konis and Eibach springs.
New tie rod ends and steering rack bushings.
New belly pan.
8 inch Hellas with high output bulbs.
No leaks.
No accidents.
Paint is 8/10 with stone chips in front and on mirrors.
Interior is 8.5/10 with wear on the driver’s seat bolster. No dash cracks.
Passenger’s side air bag warning actuator needs connection cleaned. (new sensor included just in case)
#13
that ebay car could be ok, if you want an auto. Frankly if your only going to spend $18,000 you need to be looking for the BEST S4 you can find and forget about a GT. (EDIT: I didntrealize this was the grey market car, FORGET IT! 18K will find you a nice S4 about that year, FORGET THIS THING!)
The best available S4 though likely wont come from a used car seller on Ebay but more likely from someone on this list....... honestly
The best available S4 though likely wont come from a used car seller on Ebay but more likely from someone on this list....... honestly
Last edited by RyanPerrella; 05-16-2008 at 03:54 PM.
#15
Supercharged
Rennlist Member
Rennlist Member
Joined: May 2002
Posts: 18,925
Likes: 65
From: Back in Michigan - Full time!
The car in the add does look nice, but importing it int o the US is not going to be easy... seriously. I also agree with other on getting a GT for $18k - it's not a very good idea. I got mine for $15k a couple years back (guy advertised it as an S4... his mistake) but I needed to pump about $10k into it since. So it really was no bargain at that price.
You should be able to find a nice S4 for $15~$18k, and a nice GT for... oh there's one right above here for $23k (a good deal in my opinion!). Whatever you decide, make sure you budget 10%~20% for some catch up items.
You should be able to find a nice S4 for $15~$18k, and a nice GT for... oh there's one right above here for $23k (a good deal in my opinion!). Whatever you decide, make sure you budget 10%~20% for some catch up items.