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Cheap '93 MT GTS on Ebay BIN $25K

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Old 04-14-2011, 02:51 PM
  #46  
Tom in Austin
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Which blue is that?
Old 04-14-2011, 02:56 PM
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Rob Edwards
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Pretty sure it's Midnight Blue Metallic / 37W.

EDIT: Nope, I'm wrong, registry based on VIN (and the pictures....) says Amazon Green Metallic.

Last edited by Rob Edwards; 04-14-2011 at 03:13 PM.
Old 04-14-2011, 03:16 PM
  #48  
James Bailey
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When Porsche decided to stroke the GTS that meant shorter pistons so the skirts would not hit the crank counterweights. To maintain longer rod length (reduced side loading) they moved the wrist pin higher in the now shorter piston that meant putting the ring lands higher and closer together....then the real puzzler behind the oil scraper rings the bleed holes which on all other 928s allows accumulated oil to vent back into the open bottom of the piston were NOT drilled. So more oil film is left in the cylinder bores and makes its way up past the rings and gets burned. That oil effectively lowers the octane rating of the fuel mixture and is ONE reason why many GTS engines ping/detonate causing the ignition to retard the timing. At least one GTS in England got TWO factory replacement engines under warranty. The Porsche executive demo cars all were said to have been fitted with new replacement engines BEFORE being sold to the public because of the oil consumption issue.
Old 04-14-2011, 04:31 PM
  #49  
jthwan22
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Does that mean my S4 engine is better than GTS engine? YES, baby!!!
Old 04-14-2011, 05:15 PM
  #50  
Manfred
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High oil consumption is not supposed to be an issue with GT engines correct? I think I've seen some people hint that perhaps they do have similar issues to the GTS engine but not sure if that's right.
Old 04-14-2011, 06:52 PM
  #51  
Hilton
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I can't believe this is still for sale??

Must be the curse of the R1 rods!

Seriously tho' - almost any later 928 bought will require timing belt, intake refresh and some AC work (usually vacuum actuators). And being manual, highly unlikely the thrust bearing is worn like it does on autos.
Old 04-14-2011, 07:41 PM
  #52  
cold_beer839
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I have the ProVent (SharkVent) and that does a great job of removing oil from the crank case ventilation system. But the stock pistons (non-drilled) James mentioned are still an issue. Car runs great, like sewing machine, just uses oil.

Last edited by cold_beer839; 04-14-2011 at 09:36 PM.
Old 04-14-2011, 07:45 PM
  #53  
pcar928fan
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^^^^^
Same with my babies...I just keep them topped up and all is well with the world!
Old 04-14-2011, 08:58 PM
  #54  
James Bailey
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The GT engine due to the cams and higher rev limiter tends to get spun higher which starts to get into the problem of windage and the filling of the heads/cam housing with oil. That excess then is pushed into the intake and burned. High load high/ RPM, like track events and all are going to burn some oil.
Old 04-14-2011, 09:05 PM
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Manfred
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Thanks for the explanation James.
Old 04-15-2011, 12:18 AM
  #56  
cabikefreak
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Well this one had me thinking, that's for sure. I wasn't thinking GTS because of budget but...

I am glad to read all the stuff you guys are thinking (very helpful to us newbie wannabies). I'm scared off by the 99K miles (always sounds suspect). But the bottom line for me is this looks to be over a $30K investment (plus getting it to SoCal). May very well be the good deal you all are saying here but I just need to stop dreaming "GTS"!
Old 04-15-2011, 12:29 AM
  #57  
James Bailey
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It is a lot of car for the money. And a truely collectable one at that because they are not making any more of them
Old 04-15-2011, 12:50 AM
  #58  
Hilton
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Originally Posted by James Bailey
It is a lot of car for the money. And a truely collectable one at that because they are not making any more of them
Its also a car for a 928-enthusiast, not a Porsche enthusiast.

$30k will get you into a 993, a late 996, a cayman, even a 4yo Boxster S.

It probably explains why this car's still for sale - only a serial 928er would jump on it.

Realistically, average 928 values across the model years are still falling. Only the low-mileage pristine ones are holding their value, and the rest will continue to get cheaper and cheaper, and junked, and parted out.
Old 04-15-2011, 02:08 AM
  #59  
product
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Originally Posted by Hilton
Its also a car for a 928-enthusiast, not a Porsche enthusiast.

$30k will get you into a 993, a late 996, a cayman, even a 4yo Boxster S.

It probably explains why this car's still for sale - only a serial 928er would jump on it.

Realistically, average 928 values across the model years are still falling. Only the low-mileage pristine ones are holding their value, and the rest will continue to get cheaper and cheaper, and junked, and parted out.
Having been in the market for a GTS for a few months, I have seen that the values placed on these cars by core enthusiasts (ie those who participate on forums like this) are generally higher than the market is actually setting... even 5 speeds like this one are not recognized by many as "collectible" cars by many, and the pool of prospective buyers is relatively niche.

Combine that with the current / outlook economic situation, and prices I've seen people actually getting are indeed soft, to the extent the cars sell at all; and to the degree that buyers are out there with interest and $$ its not unlike the housing market in that they can be picky and content to wait for the right car to come available at the right price.

Cars with needs (just like houses that need fixing) are selling more slowly and at even softer prices, while those at the very top of the market continue to move in part because people shopping at that end of the spectrum are generally less price constrained.

I recall everyone wondering how that lovely navy/grey automatic in San Fran with 1 owner and 33K miles hasn't sold at its asking of $42,900... nor had it sold in prior attempts for prices as low as $38,000. The market just isn't there right now, and I don't think it will be for a while.

So like an earlier poster said, to me this is a $25K car that would need about 5K invested, and still perhaps have some paint issues when done. As some really flawless, need nothing 5 speeds have sold in the $30-35K range recently, it doesn't surprise me that this one is still available. As a buyer I guess its a good thing, but as a future owner not so exciting should I ever need to sell.
Old 04-15-2011, 11:32 AM
  #60  
SteveG
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Default GTS Market

As Jim Baliley has said, there is no reliable book on these cars. And the GTS is the smallest market. FWIW, mine is very, very clean, but is a repaint (high end) and fresh carpet done in Beverly Hills, 70K and AT, no blemishes and maint. up to date (as much as is possible on a shark). FS 2 years ago-- I was down to $25K on Long Island. I thought certainly in the metro area of NY/NJ/CT there would be a buyer. No one serious.

Also FWIW: I believe there will be at least one '93 at Hershey FS on the 23rd. It is also AT, 38K. He mentioned asking $30K, but I haven't seen any listing.


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