My 89GT is FOR SALE
05-23-2012, 03:13 PM
#16
Burning Brakes
Thread Starter
Yes it is. Thank you, GB. ...and thank you for not scratching it. 
Thanks, Bill. The Andy Keel sc weekend left many marks on me.
Yes....and weeping like a little girl too.
Thanks, Malcolm.
Just a warning to anyone who likes this car...I just may go this route if it doesn't sell within a month. 
If you saw it now, you would do a backflip. Just had the first detail since repaint, yesterday....it is literally a red mirror.
Yes....and weeping like a little girl too.
If you saw it now, you would do a backflip. Just had the first detail since repaint, yesterday....it is literally a red mirror.
05-30-2012, 04:47 PM
#19
Burning Brakes
Thread Starter
It was great to meet you, Bronto. Thanks for the compliments on my car...she is a beauty.
Took it the cars & coffee in Montecito this past Sunday. The 89GT received more attention than any of the Ferrari's or even the newer Porsche's (GT2 and Turbo S) that were in attendance. It was fun to watch.
Took it the cars & coffee in Montecito this past Sunday. The 89GT received more attention than any of the Ferrari's or even the newer Porsche's (GT2 and Turbo S) that were in attendance. It was fun to watch.
05-31-2012, 12:21 AM
#20
Oh wow, what a tough time time to sell near anything in this economy. Seems to be more sellers than buyers right now.
I wish you the best though. If you can get that price then I should be able to get at least $20K for MY 1990 S4 triple black as it has only 52800 original miles (86000 km) imported from Germany.
I wish you the best though. If you can get that price then I should be able to get at least $20K for MY 1990 S4 triple black as it has only 52800 original miles (86000 km) imported from Germany.
05-31-2012, 12:28 PM
#21
Burning Brakes
Thread Starter
05-31-2012, 01:20 PM
#22
Race Car
05-31-2012, 01:21 PM
#23
I mean this one was imported from Germany by me. Not by the dealer when new.
Since 2008, the car market has never been the same. As a collector and restorer, I have three concours condition automobiles and it's not worth it anymore. Not enough people willing to part with their money for good clean cars unless I give it over the high-end auction houses.
We all know it's a buyers market so it just takes longer, that's all. It will eventually sell if you can wait.
Since 2008, the car market has never been the same. As a collector and restorer, I have three concours condition automobiles and it's not worth it anymore. Not enough people willing to part with their money for good clean cars unless I give it over the high-end auction houses.
We all know it's a buyers market so it just takes longer, that's all. It will eventually sell if you can wait.
05-31-2012, 01:49 PM
#25
Burning Brakes
Thread Starter
I hear what you're sayin', Kevin. The number of buyers of high end collectibles may have shrunk, while the number of sellers may have grown. This results in a larger inventory for the buyers to choose from. As a result, only the cream rises to the top.
Fortunately, my 89GT is grade A cream.
Fortunately, my 89GT is grade A cream.
05-31-2012, 02:57 PM
#26
Former Sponsor
There's no question that the market for 928s is really screwed up and prices jump all over the place. On one day, a beautiful GT might be worth 30K....and on the next, you might not find a buyer for 20K.
The problem is that these vehicles haven't gotten to the point of being rare enough that every example is worth big dollars, any given day. Virtually all the "sellers" are 10-15 years too soon. Sure, occasional examples bring "big" dollars, however, you've got to "find" that buyer that is willing to pay 30K for what you think is a "rare, perfect" car. That can take one day....or one year.
The problem is, there are still deals, out there, to be had.....and many buyers know that if they wait and keep their ears open, they will eventually find that deal. Truthfully, not many people are using a 25 year old car as their only method of transportation, nor intend to do so, they can "afford" to be patient.
Before things change and these cars gain "real" value (meaning that prices are stable and consistant) the supply of vehicles needs to decrease....and more of these cars need to "come" out of garages.
There's bound to be a whle bunch of GTs, still out there sitting in garages, with virtually no miles on them....and in brand new condition.
That's the thing that all sellers have to "compete" with.
The problem is that these vehicles haven't gotten to the point of being rare enough that every example is worth big dollars, any given day. Virtually all the "sellers" are 10-15 years too soon. Sure, occasional examples bring "big" dollars, however, you've got to "find" that buyer that is willing to pay 30K for what you think is a "rare, perfect" car. That can take one day....or one year.
The problem is, there are still deals, out there, to be had.....and many buyers know that if they wait and keep their ears open, they will eventually find that deal. Truthfully, not many people are using a 25 year old car as their only method of transportation, nor intend to do so, they can "afford" to be patient.
Before things change and these cars gain "real" value (meaning that prices are stable and consistant) the supply of vehicles needs to decrease....and more of these cars need to "come" out of garages.
There's bound to be a whle bunch of GTs, still out there sitting in garages, with virtually no miles on them....and in brand new condition.
That's the thing that all sellers have to "compete" with.
05-31-2012, 03:05 PM
#27
Race Car
All valid points. (And realized we just hijacked this thread--sorry!)
The irony is go look at the price of a similar shape 911 or 944. The 911 will go for double and need nearly as much work (okay no TB/WP for those year models but any engine work will cost you).
The 944 at least 1/2 the maintenance cost and in non-Turbo trim, less performance and comfort and it sells for the same price as the 928. Yeah that horse has been beaten to death-I know.
Until there are a handful of these on the road and boys and girls like us in our 40's and 50's willing to shell out serious $$$, they won't go up much.
I do believe the interest is up however. Got a call from a guy about the car I sold last spring. Guess the itch is back for him.
The irony is go look at the price of a similar shape 911 or 944. The 911 will go for double and need nearly as much work (okay no TB/WP for those year models but any engine work will cost you).
The 944 at least 1/2 the maintenance cost and in non-Turbo trim, less performance and comfort and it sells for the same price as the 928. Yeah that horse has been beaten to death-I know.
Until there are a handful of these on the road and boys and girls like us in our 40's and 50's willing to shell out serious $$$, they won't go up much.
I do believe the interest is up however. Got a call from a guy about the car I sold last spring. Guess the itch is back for him.
There's no question that the market for 928s is really screwed up and prices jump all over the place. On one day, a beautiful GT might be worth 30K....and on the next, you might not find a buyer for 20K.
The problem is that these vehicles haven't gotten to the point of being rare enough that every example is worth big dollars, any given day. Virtually all the "sellers" are 10-15 years too soon. Sure, occasional examples bring "big" dollars, however, you've got to "find" that buyer that is willing to pay 30K for what you think is a "rare, perfect" car. That can take one day....or one year.
The problem is, there are still deals, out there, to be had.....and many buyers know that if they wait and keep their ears open, they will eventually find that deal. Truthfully, not many people are using a 25 year old car as their only method of transportation, nor intend to do so, they can "afford" to be patient.
Before things change and these cars gain "real" value (meaning that prices are stable and consistant) the supply of vehicles needs to decrease....and more of these cars need to "come" out of garages.
There's bound to be a whle bunch of GTs, still out there sitting in garages, with virtually no miles on them....and in brand new condition.
That's the thing that all sellers have to "compete" with.
The problem is that these vehicles haven't gotten to the point of being rare enough that every example is worth big dollars, any given day. Virtually all the "sellers" are 10-15 years too soon. Sure, occasional examples bring "big" dollars, however, you've got to "find" that buyer that is willing to pay 30K for what you think is a "rare, perfect" car. That can take one day....or one year.
The problem is, there are still deals, out there, to be had.....and many buyers know that if they wait and keep their ears open, they will eventually find that deal. Truthfully, not many people are using a 25 year old car as their only method of transportation, nor intend to do so, they can "afford" to be patient.
Before things change and these cars gain "real" value (meaning that prices are stable and consistant) the supply of vehicles needs to decrease....and more of these cars need to "come" out of garages.
There's bound to be a whle bunch of GTs, still out there sitting in garages, with virtually no miles on them....and in brand new condition.
That's the thing that all sellers have to "compete" with.
Last edited by mickster; 05-31-2012 at 03:08 PM. Reason: Thread-jacked.
05-31-2012, 06:11 PM
#28
Burning Brakes
Thread Starter
