Landseer

My brother used a 1909 S penny for a gumball once.

Chuck Z

not so. ask MW about the 6k mile 94 GTS he sold....

not so. I think you mean MW buys them to resell and make money on the b/c he understands the market?

Again this argument does hold up. Why is it wrong for someone who loves the 928 to make a living reselling them? If you are referring to me, my GTS is a forth or fifth car and how do you know I don't enjoy my 928 as much as you do yours?

And did you pay more for it b/c it already had the SC or did you pay what it was really worth? You just said it, same $ as you had in an 86? Somebody dumped a pile of money in it and lost big. If you gotta have a modified car that's the way to do it..... People aren't necessarily scared of modified cars but right, wrong or indifferent about them the market is always less on a modified car..... any modifed car not just the 928

robot808

What color did he get?

dprantl

But you said...

Does that not mean a '95 GTS should be worth more since it is the preciousss last model year?

It's not so? When someone buys a $60k - $100k 928, do you really believe 99% of them will not try to make money on it and use the car as an investment (apart from that 1% that has so much money they really don't give a crap)?

It wasn't directed at anyone in particular. It's not wrong, anyone can do as they wish. It's just my opinion that one can never really fully enjoy a car they buy as an investment. Would one not worry about i.e. putting too many miles on such a car, especially when the market is so fickle about such things? So someone really loves the 928, but 90% of the time they drive something else? You know how you can tell an owner that really does? When driving the 928 most of the time is no longer practical/possible for them, and they sell it not because they have to, but because they can't bear to see it sit in the garage unused.

I paid much less than I *personally* think it is worth. Don't misunderstand, I know the market and I know what things sell for. What I'm saying is that it shouldn't be that way. Car A that is the same model and for argument's sake is identical in every single way to Car B except it has twice the power IMO should be worth more. There are many things that shouldn't be the way they are, c'est la vie.

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

Chuck Z

Actually yes. The 94 sold for big $ b/c of the ultra low miles but in most cases you're right it will usually sell for less than a comprable "precioussss" 95.

absolutely not. Look how many times MW has sold the same car. The GTS in discussion here has been sold by him 6 times already - this will be the 7th time. How many of the guys he sold it to made money by selling it back to him........

Investment cars are MB Gullwings, any 50s-60s Ferraris.......... So in your estimation if a 928 is not being used like you think it should be then the owner should sell it? ......your opinion I guess? I didn't buy mine as an investment but it has worked out pretty well for me in that regard (as have ALL the 928s I've ever owned....). If the car suddenly becomes worth $25k I'm not going to lose any sleep over it and if the value goes up to $150k I'm not going to sell it. It will never be a car I'll put a bazillion miles on either...... by your definition that makes me something less than a true 928 enthusiast? I think not.

As you should have.......

This is where we'll agree. I put headers/down pipes on my CLK63 Black Series (you guys think 928 parts are expensive!) knowing that if I ever sell it I'll get virtually nothing for the upgrade unless I put it back to stock and sell the parts seperately (which is what I usually do btw).

inactiveuser1

Mine used a plastic bingo chip and got a better deal,you're brother overpaid;even more so if it had the VDB on the back.Maybe he will be the one to buy the next GTS for 100k
Being sold 6 times or more hopefully next time it finds a home to someone who really wants the car.
Does GTS
stand for good to sell?,guaranteed to sell? or got to sell?
Could be all of the above.

jmrjames

So Chuck if I save my $$ by not paying member dues here I can afford that 1995 ??

jmrjames

There is no winning this debate because both camps are correct. It all comes down to taste and opinion . Not to mention wallet thickness and desire.

Chuck Z

Prolly take your lunch money too..... :-)

robot808

Never thought of it like that.

whiteNSXs

Ditto. I was just shocked that the debate has gotten so heated up.
Including myself, I believe many if not most 928 owners own them for nostalgia, their beauties, and as milestone cars. Regarding performance, a modern car such as a 370z, Hyundai Genesis, Evo, WRX and many more can easily beat the 928 so this aspect is probably less relevant. Luckily, for the average Joe like me, buying a well kept 928 S4 at $13k fulfilled 90% of the satisfaction of a 928GTS. For the diehard fans who must have the GTS, they certainly can pay whatever they feel the cars are worth hence that particular price segment. I did the same with my 2001 NSX white hardtop coupe which is the only one of its kind in the USA and I paid top dollars for it. Someone might think I am a sucker but no one else has a car like mine.
I certainly can relate the feeling of the 928GTS fans and their desires of owning the rarests.
By the same token, I am with the people who are serious about updating the performance bracket of the 928. I really want to supercharge my S4 and fix all the annoying glitches my car has. Hopefully at $25k, I would end up having a gorgeous S4 with the performance to match.
It boils down to what floats your boat and everyone is free to spend his/her hard-earned money the way they want.
So everybody shake hands and make up.
Steve

inactiveuser1

You could make the argument but you need the info on what I paid.
I paid $20k back in 1994!The guy I bought it from was in his 60's and wanted someone that really wanted the car talked to him 2 years before he even wanted to sell it.He even was nice enough to hand me a $50 bill and said he didn't have time to wash it that day and make sure you and take good care of it.He gave me a good price because I told him I wouldn't flip the car for a quick dollar that was one guy who really cared where his car was going.Spending 20k on a 1987 back in 1994 on a owner car was worth it.The 87 may be worth $12k to $16k after driving 16 years for maybe $5k to $8k may be hard to argue thou on if it was a good price but that is up to you and your opinion.
I didn't question anyone what they paid,just expressed my opinion that I wouldn't spend $60k on the GTS.I'd even go as much as saying a well taken care of one owner GTS would be different.

Marine Blue

Nothing wrong with a healthy debate. We all buy our cars for different reasons and are willing to spend a certain amount to get what we want.

I get some heat for limiting how much and where I drive my GT but I find it gratifying to take a drive around town and experience the car as it was meant to be when it left the factory. Yeah it gets a regular flogging on the local highways and people get out of the way when they see it coming. I also enjoy going to car shows and seeing peoples faces when they see a time warp . At most shows (including PCA) the car draws a crowd (not just mine but other 928's in concours condition) and many say it was one of their dream cars. Most say they hardly ever see them anymore and especially in like new condition. They truly stand out in the sea of 911's.

I know many 928's on this board are in prestine condition but I rarely see anyone bringing them to shows and it's too bad.

More amazing is how many people at shows have wanted to buy one but were dismayed with the conditions of what they were finding and the cost to restore one. That is why I believe the pristine cars will enjoy appreciating prices.

Anyways, the point here is that a rare GTS 5spd will have some demand and there aren't that many being sold so naturally the price will be high unless the owner doesn't know what they have. MW knows this and has proven it time and again.

robot808

You mean, really fast for a long time?
I'm kidding. Your car is beautiful, enjoy it how you like to.

SeanR

I think I'm glad I bypassed this thread for a while. The debate is pretty pointless, there is an **** for every seat and if someone is selling, someone will be buying.

It boils down to personal preference, if I had $100k to spend on a Wilhoit or Low Miler car, I would do it. Just to have a pristine example, be able to see the car as it left the factory and drive it occasionally and really not worry about it loosing too much value.

If I had that extra money to spend on one of them, I'd also have the extra $$ to buy one I can flog the **** out of when I want to.