993-C4S

Thought you might enjoy this post. Not sure if it's a record, but goes to show that good cars are still bringing top dollars.

928 GTS Sells for more than original MSRP

cold_beer839

Yeap, right buyer found the right car he was looking for. I'm sure he/she will not lose any money if they keep the miles off and keep it for a few years.

rixter

Ingram's 300 mile GT has offers higher than that

pcar928fan

^^^^^^
Does it really?! That is AWESOME! Have been having a very nice email chat with Bob of late. SUPER GUY and that 329 mile GT is just UNREAL! It is a great color combo too with the Oak Green (or close to that) and Tan! YUMMY!

Randy V

An interesting story about Willhoit there:

http://993c4s.com/cars/porsche-928/h...nced-a-career/

A 928 Myths story from Mike Frye:

http://993c4s.com/advise/mainenance-...e-porsche-928/

The 928 as an investment:

http://993c4s.com/cars/porsche-928/t...an-investment/

heinrich

I must commend Mr. Frye on his great article, but respectfully disagree on two points .. the 32V cars can do 0-60 in neck=snapping times. Mine have done measured 5.6 seconds .. even by today's standards, this is pretty good, and we're talking about a 22yo car!

Also, to me, while the 928 was not marketed as a musclecar, I have found them to be exactly that. Open the tailpipes a bit, and all of a sudden you have nothing but a German street rod! They can be bored, stroked, supercharged, and turbocharged, to bring their torque to the highest levels of musclecar performance.

rixter

that's my understanding from those with the know
it is quite a beauty for sure... worth $100k? that's up to the buyer, it ain't gonna be me

OrionKhan

Not to be a killjoy, but this goes to the point of how much a 928 is not an investment. This car has 6000 miles on it. It was $85K+ new in 1994. So the owner "invested" over $85k, barely drove the car over the past 15 years. He's coming out $7000 ahead. What is that, about 8%? Less if you factor in 15 years of maintenence and insurance costs. I would rather drive the car like it was meant to be and invest that $85K in something that would have a higher return in 15 years.

Don't get me wrong. I'm glad to see some of these cars selling well. But the majority of them, like most of those owned by Rennlisters, won't fare the same. But I would venture to say that we love our cars more than the collector who treats it like a garage queen.

We spend way to much time worrying about the value of our cars. Let's face it, owning a 928 is not exactly a wise financial decision. But most things that have as high of a fun and cool factor aren't.

RicerSchnitzzle

Each one that sells like this helps each of ours just a tiny bit. I am now going to insure mine for $3506.00 instead of $3500.00

Cool to see, but doesn't impact most of us daily drivers much.

993-C4S

Randy, thanks for posting. I didn't want to spam the board. :-) I figured people would see them if they clicked through on my original post.

The challenge, as always is to get people to comment on the blog too! I don't want to compete with RL (no interest in a forum), but it's nice to get the feedback too.

Marine Blue

Cool story about Willhoit. Would have been cool to have a 928 years ago when they first came out. I don't remember seeing any where I grew up and only remember them from posters, models and magazines.

pcar928fan

Afshin,

I am like you... I didn't even see my first 928 till '91. It was an '88 5spd. The doctor that had just bought it from the original owner up in the D/FW area told me it was a GREAT car and since they made them with automatic transmissions and since they have quite a bit of interior room it would work GREAT for someone in a wheelchair.

Ultimately I took his advice 5 years later and bought an '88 auto of my own! Been in love ever since!

I never saw one live in the dealership for sale, though with Blue82 in the garage I get to see a basically NEW 928 every time I go out into the garage! YEA! Drove it 8 miles today! WHAT A CAR!

RKD in OKC

Can't say enough good things about Michael Willhoit. If it weren't for him I would not be enjoying the heck out of my purdy Iris Blue GTS.

Okv

To mee it seems like prices for 928's, especially GT and GTS, are very high in the US.
That is, compared to other cars, also new ones.

A 996 can now be had for approximately the same as a GT, not that I would do the trade, but I think you get the idea - a considerably more modern and also newer car for the same price.

I keep saying that in a few years, the Cayman (2006) will be worth less than the 1991 GT.

(Cars in the US cost about 1/3 of what a Nisse must pay, so you really can not compare to that.)

worf928

I never knew that. Very cool.

EDIT: The accident was NOT very cool. What is, is the faith Willhoit has since placed in the 928.