SteveG

Michael: Why not dispell some (any) questions about this car?

cobalt

Probably because none of us here are going to buy it and if we were we would be contacting him directly.

Michael is a great guy to work with but I don't think you will find him posting here much since so many have a need to bash him for what he does.

turbobooost

JUST SOLD A "MINT" 91 928 GT FOR $36,900.00.. JUST FOR THE RECORD..THINGS ARE HEATING UP WITH "BIG NEWS" IN THE GTS 5 SPEED MARKET NEXT WEEK..

Marine Blue

How much do you think I could fetch for my 90 GT? Is my 35K guestimate realistic or too low based upon above?

I'm going to be discussing this with my insurance company so I can get an agreed value for the car. Feel free to PM me if you prefer.

PS: Thank you for helping the 928 cause and getting what they're truly worth in the market.

hacker-pschorr

I've always understood they all use "The Little Black Book" as a base. This book is supposed to be available to dealers only, and is published weekly.
The values in that book are based on actual auction sales.

So yea, when it comes to 928 or anything much older than 6-8 years they are not terribly accurate.

The values are also designed to give a rough estimation on cars that have actually been used like a mode of basic transportation. NADA/KBB/Edmunds etc... will be the first to tell you their books are not designed for the collector car market.

Once you have low mileage or extreemly low mileage (like the 2001 V12 Vanquish with 2k on the odo my friend is buying) toss these values right out the window.
Few years ago my friend paid about 70% over NADA/KBB for a 1994 Corvette, fully optioned out, 1 owner with less than 900 miles on the odo. How do you put a generic value on that for a publication?

SteveG

People say he is such a great supporter of our sharks, it having saved his life and his wife. Most of us work around the low end on these cars pricewise and he obviously works the high. For every poster on a thread there are a couple dozen lurkers, some of which must have deep pockets. Some have no interest in mechanicals or info to contribute. That's fine. I just find it odd that he could not offer any thoughts, self-serving or otherwise about the market and this car in particular, since he did surface as to ownership. He had time to read the thread. Oddly distant.

Have a great Memorial Day everbody.

Marine Blue

He's definitely reading this thread, I won't state how I know that.

Regardless, it shouldn't be up to him to disclose what the seller is offering and if it has any issues. If it was his car to sell its another story.

jmrjames

Ended about a hour ago No Sale 1 offer

inactiveuser1

Didn't say it would never sell but see it ended no sale.I think Dan explained it better earlier.Also feel the same would rather have 3 or 4 928's with superchargers for $60k.Depends what one wants to spend their money on I myself can't see sinking $60k into a GTS when there are so many newer cars with better performance.
Noone on the list here that thought it was worth it bought it.How many here that thought it was a great, took the chance to buy it as if they thought it was such a bargin they would of jumped on the oppertunity.How many thought the housing market was great to flip houses at some point someone gets stuck with a overpriced item.

Tony

Depends if you are buying for performance or for the pedigree of the car.
I wouldnt be buying a 95 GTS for its 0-60 either...theres WAY more to these cars than that.
Some people GET it..some DON'T

danglerb

Most of the money guys I know think owning an old car is insane. They buy new top of the line cars, usually on a two year lease so each year one of their two cars gets replaced.

The other big group wants to make a statement of wealth, a $125k MB etc., not some used car of any pedigree.

When it comes to buying an expensive old 928 we are talking about a very short bus of potential owners.

Chuck Z

Or did it sell outside the auction??? My bet is it did........ Care to guess who bought it?

Chuck Z

....guess like Dan, you'd rather throw $15-20k (probably more?) at a $12-15k 928??? BTW, it did sell.

Haven't been hear long have ya??? History will show you that most of the people who buy these cars aren't here.....

Chuck Z

Bingo! +1

cobalt

That's a given.

Second that, I didn't buy my GTS for 0-60 performance. There is a connection to the road that these older Porsche's have that older domestic brands lacked at that time and newer cars have lost including the newer Porsche's. There is something about the first of a bread, an innovation, an idea put to paper and created into a dream that is lost with computer design and controls. The 928 was a benchmark that held its title for many years unlike cars today that are knocked off the pedestal as quickly as they got there.

Cars will never be built the way these cars were again, period. Materials are different goals and markets have changed and to me these are the masterpieces of a generation lost, taken over by empty numbers.

There are many types of money people. Most new money guys want only the latest greatest but those that understand value have collections that will blow your minds and usually they include a wide spectrum of the best over many years & marques. I know quite a number of people that have varied collections along with a MB as a DD. But when they want to enjoy driving they don't take out the DD.