Chuck Z

......I did.

SeanR

I hope he gets close to $100k, I have to agree with Anthony on this one.

pcar928fan

Anthony,

I think most folks are just looking at it logically. Clearly the car collector market is illogical... Maybe that is the disconnect. I think there were very few 94 911 Turbos made...less than GTS's as I recall. Thus the value even for one with high miles on it.

GTS's are great cars, I love BOTH of mine... With 6k miles they are still great cars...but you can't drive them! If you want to spend $100k on a collector 928 then you should buy (not talking about YOU specifically here Anthony) Bob's '89 GT with 329 miles on it! THAT is SUPER RARE and SUPER LOW MILES...maybe the lowest mile 928 left in the world other than a few that may be owned by Porsche AG... A 6k mile '94 GTS? NOT FOR ME! A '95 maybe, but still at $100k... please put down the crack pipe Michael! Not long ago (could have even been a few years ago when the economy was NOT in the crapper) I recall him selling a 5k or 6k mile GTS for $55k or $65k...it was WAY LESS than $100k anyway.

Charley B

A GTS with 6,000 miles is nearly always going to be purchased by someone who does not intend to drive it. That put's it in a very different catagory than most of us operate in. Price becomes much less of a factor and rarity and desire rule the day.

There have been a few moments in my life when I thought "my ship" had come in. When I thought I was about to become a multi millionaire. One striking result in those moments that surprised me was that I immediately thought about money in a whole different way. It isn't like imagining what you would do If you had some millions. It's a sea change that occurs in your brain, with access to that kind of wealth.

My point is that it is hard to predict the logic involved, when a buyer of this kind of deal makes a decision regarding price versus product.

pewter82

Having "boat loads" of money doesn't mean the person has alot of sense, there's still alot of rich idiots out there. I hope he does get all the money for it, it'll make for a good laugh.

jason

83 S
96 C4S

hacker-pschorr

Same reason why a 1987 911 Turbo call easily sell for $30k+ while you can pick up an 87 928 all day long for $10k.

If everyone had that mentality when buying a car, a 1967 Corvette would be worth less than $30,000 since a bone stock, 2007 non ZO6 Corvette does everything better then a 67.

There were far more 1967 Corvette's made (even 427's) then GTS 928's with selling prices into the quarter million mark.

dprantl

Yeah, I will simply never understand how anyone can pay that much for a piece of outdated machinery, no matter how nice it looks. Maybe it's similar to that prince of Brunei's brother amassing thousands of ultra-expensive exotic cars that he would never ever get a chance to drive, and in the process collecting identical multiples of the same one even.

Dan
'91 928GT S/C 475hp/460lb.ft

IcemanG17

Chuck
Hmmmm trying to remember the exact #.............. which is nearly impossible for me since I can't remember much!!!! :>) However I do recall it was a LARGE #....for a worthy car..... All I'm gonna say is more than my M3........

cold_beer839

It will take a rich guy to buy this car, a Jay Leno or Bob Ingram type car collector.

Hell, maybe Charlie Sheen will buy it and try to treat it right this time.....

For what my opinion is worth, I think it is priced right, ballpark of $90k.

Would I pay 3 times more than I did for my '93 just to get 36k less miles? Nawh, I'm not made of that kind of money, but if I was...

hacker-pschorr

I've driven a couple of fully restored 63-67 Corvette's. I would rather have one of those over a new one (65-67, 63-64 are not as good, especially the 63's)

Kind of hard to explain.

RyanPerrella

its surely a unique opportunity to be sure, but its is a 94, not a 95 and its honestly not very well optioned

I hope he gets $100K for it

pcar928fan

Well, considering it was on the market for quite some time at $78k and then picked up by a flipper and the price instantly goes up to $100k... I just don't see it. If it sat at $78k I certainly don't see why it would sell at $100k... True it did not sit that long (a few months I guess) and the original seller might have been an idiot or just does not have Michael's contacts, but if Michael had a SERIOUS buyer for the car it would have never even been advertised. It would have transferred from him directly to the new owner... That has not happened, so I think $100k is WILDLY optimistic. Sure I would LOVE to see all my babies go WAY up in value because of this car, but that is just not going to happen...

cobalt

I see where everyone is coming from. However, several low mileage (less than 15k miles) 94 turbos have sold for over $80k some even higher and some of the new owners bought them to drive them. Maybe only 1000 or 2k a year but they drive them. The average 964 turbo is now $50k for a 3.3l far less desirable than a 3.6L. Some of these cars need far more $$ dumped into them than most 928's but they are selling.

For some reason I find the market for the 928's the GTS especially to be contrary to all other models I follow. If the turbo fans are willing to see the value in an old school car like the 964 turbo either 3.3 or 3.6L when a low mileage 996TT can be had for far less, why is it we all attack increasing values on the 928's.

My 93 C2 was a $67k car new and as a track ***** it is driven hard yet I can still get almost as much for it as I can for my GTS.

I know a good portion of the bad rep the 928 has has nothing to do with the car but the PO's that improperly maintained them so when a well maintained car that doesn't need a thing done to it comes along why is it grouped with the rest of the cars that have poor service history? IMo these are 2 different animals and should be treated as such for the good of the community and future of these cars.

I am starting to see clean 951 turbo S's, 944S2's, and 914 2.0l's sell in the $20k range when a few years back they were worth little to nothing. Unless we take a different attitude towards the values of these cars they will soon be scrapped out with only the few garage queens left. If that happens then they will be worth more than MSRP but there would be so few to chose from which doesn't help any of us.

hacker-pschorr

For starters, the 964T and 993TT are iconic cars.
Many see the 996 as the beginning of the "mass produced" Porsche era. Your average 993 is worth more then your average 996 all day long, why wouldn't the turbo's be the same?

Nothing that applies to the history or value of a 911 fits the 928. The 928 changed very little from 1978 to 1995 compared to the 964/993 to 996. There will always be the "air cooled" mystique that draws people to the early cars. We do not have anything remotly close to that in the 928 world.

It's like trying to question why your average Camaro doesn't sell for the same price as a Corvette of similar vintage. It's just not the same, it's never going to be the same.

As for the 951S-944S2 and 2.0 914's........928's with the same rarity (GT's / GTS) sell for low 20's into the 40's all day long. What you are talking about in this thread is double to triple that. Even the rarist 944, like a factory cup car, doesn't sell anywhere near your average GTS.


Do I think it's possible for this car to sell for $100,000? I'm sure there are a few people out there, if they had the money, who would buy it in a heartbeat.


To be honest, I'm glad the 928's are outcast's and next to worthless. You don't see as many people buying a 928 to impress their old highschool girlfriend like 911's owner do. You don't see 928 owners looking down upon "lessar models" at PCA gatherings like I've seen all to often coming from 911 owners.
We are a slightly different breed, I like it that way.

On that note, I am still quietly shopping for a 964 C4 convertible for my wife to drive

cobalt

Actually I know of a silver rose colored 951 turboS with < 1000 miles that sold for

Are we sitting down


$65k. How much over MSRP is that?

C4 cab? Buy an America roadster if you can. The widebodies will always hold their value better.

For the record most 911 owners consider the GTS as a car separate from the rest and in some small way they are. We all know that they are all great cars.