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1991 S4 value

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Old 11-14-2009, 11:10 PM
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m750rider
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Default 1991 S4 value

I'm considering buying a 1991 S4 and would like your feedback on value.

It has 73,000 miles, fully documented service records, timing belt done at 62,000 miles although many years ago. The car has been stored inside for the last three years due to owners illness. Like new Yokohama tires on 17" Porsche turbo wheels, not original to the car, but OEM Porsche. Look like they came off a 911. Recent service by very qualified Porsche mechanic including new ECU for fuel injection system, new plugs, distributor cap, fuel filter, air filter. Paint is good, interior is good with minimal cracking on the drivers side seat bolster, no tears or anything. All other leather is excellent. All electronics function, includes what I think is original Blaupunkt Stuttgart radio. AC, climate control seems to function fine. Drivers side fender liner is in place but disintegrating, others are OK for now. Rear muffler has been removed and replaced with pipe and exhaust tips, a little loud but not terrible. It runs and drives very well.

The same mechanic that serviced the car did a complete inspection as well, including the documentation with the car and said it was in excellent condition with proper maintenance done on schedule. He recommends timing belt and fluid change based on time, not wear.

I know without seeing it, valuations are tough, but what is a reasonable price? Are these going up or down in value - I see some offered pretty cheap out there but it's hard to judge condition over the internet.

Thanks in advance.
Old 11-14-2009, 11:16 PM
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namasgt
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the ones offered cheap usually need work, some one here just sold their 90 (or 91) S4 with 160XXX miles on it for around $11000. all maintenance was up to date.
Good examples with low miles keep their value, but if neglected with bad interior, they go cheap.
I would say the car is worth $12K or more.
Old 11-14-2009, 11:40 PM
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SeanR
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Like namas said.

I just sold my '90 with all maint up to date, with 162k on the lock for over 11k. But I needed to sell and it sold in 3 days.

The car was in great shape with the dyno numbers to match. It all depends on what you consider a great car. Low mileage at this age does not always mean well kept.
Old 11-15-2009, 12:21 AM
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danglerb
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Not enough information, not information that tells me much. Good is subjective and varies from one person to the next.

What is appealing to you about this specific 928?

AT or 5 spd?

Age will make the tires and timing belt ready for replacement regardless of miles.

I like independent inspections. I bought a Porsche once and later found out half of what I paid the owner went to the mechanic that did the inspection for work he agreed to do fixing the car up for sale.

Unless the car is well hidden under some rock its a safe bet that many here know about it and have chosen not to buy it at the current price. Odds are very good that whatever the selling price is, you will put $5k to $10k of repairs into it, and it will sell for less when you sell it then you are paying for it.

OTOH if by some chance it is off our radar, and it is a good deal, it will go poof the instant somebody finds it.
Old 11-15-2009, 09:34 AM
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m750rider
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I drove it about 5 hours yesterday and it handled very well, it is an automatic. The car is local to me and is not real actively for sale, actually I started looking at it a few weeks ago when I drove by and saw it. I am considering selling my Audi A4 and buying this one. Opportunistic sale/purchase at least in part.

It needed a new service and I suggested a Porsche specialist where he could have the work done, which he did.

Color is a dark metallic gray with gray leather interior. The only option installed according to the window sticker was lumbar support in the drivers seat.

It needs a thorough cleaning and detailing. Mechaniaclly I beleive it is sound, again with the excpetion of a possible t belt.
Old 11-15-2009, 09:42 AM
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m750rider
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BTW, does the lack of the rear muffler add/detract from the value. I have collectible cars/bikes so I am aware of how important "original" can be to the value of a car. The pipes that are in place appear to have been designed specifically for the application without the muffler. I also see a new muffler for that spot is about $1900 from Porsche.

Thanks

Bob
Old 11-15-2009, 10:20 AM
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Gary Knox
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Used rear mufflers are $200 or less!!! Most prefer the sound of the car with the Rear Muffler Bypass pipes.

Gary Knox
Old 11-15-2009, 08:12 PM
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Nicole
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If there are no mechanical issues with the car, and both paint and interior are good, I would say it's worth at least $18k, if not more.
Old 11-15-2009, 08:50 PM
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blown 87
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Originally Posted by danglerb
Good is subjective and varies from one person to the next.
Amen to that.
Old 11-15-2009, 10:04 PM
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RicerSchnitzzle
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Closed auctions on ebay say $10-$12,500. One S4 hit $14 but was very clean.
Old 11-16-2009, 12:39 PM
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EMan 928
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Originally Posted by RicerSchnitzzle
Closed auctions on ebay say $10-$12,500. One S4 hit $14 but was very clean.
I think the one for 14k you're referring to was mine. I may be crazy, but I'm looking for $18-19k range. White should be a 4k premium
Old 11-16-2009, 01:20 PM
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Bertrand Daoust
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Originally Posted by 993MI
I may be crazy, but I'm looking for $18-19k range. White should be a 4k premium
No you are not crazy! I would ask even more than that for a car like yours and wait for the right buyer.
I have never seen the car in person, but it looks like a very, very nice car.

Not sure about white tought!
Old 11-16-2009, 02:09 PM
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Like most " Toys " especially in this economy the average 928 continues to drop in value as it gets older. The supply still exceeds demand....
Old 11-16-2009, 05:00 PM
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JoeTaylor
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Hi m750rider,

I just bought an '88 928 S4 for $12,250 this past June. It had 75k miles and was well maintained. The PPI was great on the car and it had only 4k miles put on it over a 7 year period, before I bought it.

A few things to consider.

1) Get the PPI done at a third party. I got mine done at a local Porsche dealership recommended to me by Rennlisters, here on the forum.
2) My car was like yours and I had a timing belt/water pump replaced due to age, not wear/milage. That cost me ~$2.4k, along with a few other fixes. Work was done by the PO mechanic, who I would recommend.
3) Tire replacement: My car had 5 year old, almost new looking, Potenza's on it. But due to age and some possible flat spotting, I had to replace them. I put on Michelin Pilot Sports, cost ~$1k
4) Other issues: I have now replaced all the lightbulbs, headlights, foglights and all the tail lights on the car. Replaced the interior light fixture. Replaced the sterio speakers. Replaced the horns and other bits.

I hope this helps. I think anything under $12k would be good, specially considering all the deferred mainteniance.

VTY,
Joe Taylor
Old 11-16-2009, 10:16 PM
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m750rider
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Good comments and advice from everyone; I appreciate your opinions. I liked the 928 a lot, currently I have a 2003 Audi A4 that I had purchased new for business, but no longer use it that way and do not need a sedan, so I am considering a trade/purchase for the 928. Just looking for more fun I guess. I was very impressed at how tractable it was a low speeds while having an amazing amount of power when you stepped hard on the gas. Plus it handled handled back roads pretty well for being what I would call a heavyweight. I also looked at a 1994 968 and it was pretty nice too, different than the 928, I might describe it as a Porsche lite. BTW I have a 1969 Lotus Elan that I've owned since 1972 that is truly a lightweight when I get the urge to throw a car around a corner very fast.

So the 928 is not nearly as practical as an A4 but certainly more fun per mile. At the same time, owning an Audi has prepared me for expensive service, although it has been extremely reliable and a great car itself, so I doubt I would be too surprised at what a Porsche could dish up. Wouldn't be happy about a big bill, but a used car is always a partial crap shoot. Sometimes they work out, sometimes not. My Audi has almost 130,000 miles on it, is depreciating very fast, still in great shape, but likely will need some work before long itself.

The 928 would become my regular driver. From what I've read the 928 is very well engineered, well built, and is pretty reliable. I would appreciate thoughts on that as well.

Thank you again for the advice. Feel free to continue to chime in.

Bob


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