cpayne

I'm split down the middle on this one. I like bills advise and linders advise.
Part of me says don't do it, but since you are disciplined and goal oriented and your posts are not filled with slang as in (wut did u mean?) I say spend 4 -5 k on the 928. 1500 for the TB/WP etc. Save 3,000 for an emergency fund (928 breakdown constitutes an emergency especially if its a DD.)
Then start putting 200 a month in a Roth IRA every single month spread across various funds (go to Bogleheads website). Then save and pay cash for all your purchases from that day forward and you will be fine. GLWP

Barry Chan

when i was 18 back in 1979, i had a Porsche 928 POSTER in my room but i had a beater on the driveway. now i have the real 928 on my driveway, a house, family and kids. so the choice is there but if you do decide to go with the car, i think 84 and earlier are easier to work on and cheaper to buy, i spent about $5000 so far and got it back to about 80 % perfect. good luck on your decision.

James Bailey

Your comment about having you "own money" infers that you do so largely because you are living at home probably at little or no cost to you. If that is the case please listen to what your parents have to say....... 928s are not assets they are liabilities. One which can easily cost far more than you could ever imagine. At your age it might be best to focus on education rather than an expensive hobby car. Deferred gratification might not be much fun but there is far more to life than having a 928.

Go-carter

Go for it! I bought mine last year when I was 19, and now I'm going for 4,7S engine wirth a powerdyne... But mine was a -79 with lots of problem, but got I so cheap I can fix all problems, install new engine, and repaint it and STILL sell it with no loss... But I'm not gonna sell it!

I only have a part-time job next to school, but with creative use of money and not spending much I can still afford full racing season for my caterham, run and fix my 928, and I'm also thinking of saving up for a '96 impreza for the winter, but that' gonna take som time I think... But I live with my parents, though.

Growing up with a E36 M3 really makes you want hp.

dogleg

apart for anything else isn't cost of insurance a major issue for an 18 year old on a 928?

Barry Chan

if it's a daily driver and gas at $5.00 a gallon...and our shark gets what 12 miles to a gallon?

Go-carter

here in norway a -79 is considered a "veteran/classic" (all cars that are 30 years old are considered that) so premium insurance is like... $200 a year for me, 20 years old. Otherwise, it would have been over $2000 a year.

And yeah... its actually only the gas cost that stops me from having the 928 as DD. Use it only to job, and i the weekends. To school I drive a electric car(the Think), to save on fuel costs...

SteveG

Don't do it. Get a Honda. You should at least spend a year reading stuff here, like thrust bearing, you might end up with an AT.

You probably aren't going to listen to us, so go make you own mistakes.

ONE we might keep you from doing then, is don't spend $500 on manuals. You do need them, but get them on CD from Moorehouse for $75??? You'll have to search here. There, I just saved you $400+, and his CDs contain a lot of extra useful stuff, like TB change but you are going to need to save a lot more.

If you buy the '87, in about 1-2 years, there will be an '87 FS cheap up in Canada; maybe you will prove me wrong. Good luck.

dogleg

but the car he was considering first was 1987 hardly classic status!

Nicole

17prospectivebuyer should know that you worked at 928 International for many years and have seen this happen many times. You have better credentials to say this than most of us.

Wise words here!

At that age, determination is strong, and one's own life experience overestimated.

Ouchie, but the probability is very, very high...

17prospective buyer

I see... well, i'm still going to get one no matter what. I do want a 928 that i can work on throughout this summer, not necessarily pour money into. I'll be working at my job and working on a 928 this summer "break", then going to college in the Fall. This car will not be a daily driver by any means, i want to drive it on weekends and occasionally to special events/engagements/dates. The 928 is such a marvel of a car, why would i ever think of driving it every day? I have a 4 banger 5 speed Corolla for the daily grind. The 928 will initially have to be "owned" by my father so i can actually afford to drive it.

To all the "invest your money don't blow it on a 928" spiels:
I'm not too worried about the future, what 18 year old is i guess you would say. You are right, i don't have any recurring costs at present time other than insurance (for the Corolla), gas, and cigarettes. My parents have taught me how to save and my family generally constitutes a long line of cheap penny pinchers...

Also, would i be well advised to buy one of those plug in error code diagnostics?

blown 87

Amen.

depami

engagements - Those will cost you WAY more than a 928!

The 928 is such a marvel of a car, why would i ever think of driving it every day? - You don't know what you are missing! Driving a 928 every day is AWESOME! But, sometimes two is not even enough to do that.

i don't have any recurring costs at present time other than cigarettes - Throw those away and save yourself a hundred bucks or more a month!

Good luck, have fun and STAY SAFE!

neilh

Listen to the folks here, and BTW, the 928 does not have the 'plug in error code diagnostics' otherwise know as OBD.

James Bailey

Sadly only late model 928s have fault code storage.....so you really have to figure out what is wrong the old fashion way.....and yes I have seen many 928s become driveway art parked not running because it costs too much to have it looked at given the $100/150 per hour charge. There is almost NOTHING that you will be able to work on on a 928 that does not cost money. You are buying parts for a $100,000 car, they are expensive ! And if you are smoking cigarettes I feel very sorry for you..... This is not likely to be a positive experience but you have already made up your mind.