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Did I get a good deal on this 1982 928?

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Old 06-05-2012, 03:34 AM
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MTM1989
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Default Did I get a good deal on this 1982 928?

I know it is kind of backwards to ask after the fact, but I jumped at this deal because I thought it was reasonable from others I have seen.

It is a 1982 928 auto (sadly not 5-speed) with 100,xxx miles. It was listed as a euro but I checked the engine stamp and it said otherwise. It has a full service history and has recently had new tires and a timing belt change. The paint job is a little rough in spots but looks good from a far. The interior is in good shape, the drivers side seat is a little worn but it is 30 years old and was previously been owned by hoosiers (St. Louis definition meaning rednecks not people from Indiana).

The only noticeable thing I can see that has been changed is the stereo. Instead of the speakers being built in the door they protrude out where the old speakers were.

The car runs great. I drained the gas, put in premium with an additive because it had sat for 2 years. I unhooked the factory alarm because the "safe mode" was keeping it from starting at times. There was some misfiring during the test drive but it was because the plastic electrical fuel pump connecters are broken and loose. If I get positive feedback I will be changing all the fluids and giving it a good tune up.

Finally I paid $4,000 and it came with a car cover, Australian sheep skin seat covers, original sales add framed, and a couple of Porsche signs. I am 22years old and this will be only my second car so I hope I did not just learn a $4,000 lesson.

The two interior picks are from the flyer so sorry for the bad resolution, will post better ones when I get a good lighting opportunity.
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P.S. How do I make the pictures smaller?
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Old 06-05-2012, 04:18 AM
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How's the electrical? Check the door and rear hatch contacts for the alarm. I had the same problem, traced it to the rear hatch lock. Alarm contact in the cylinder was busted.

You need a new passenger side fog light. Front spoiler looks rough from what I see. The door speakers are easy to change out and shouldn't cost you a lot if you find someone here selling them off a part's car. You only have half a cowl cover and missing the driver side washer connector.

Paint looks good. Rough spots can be vanished with a professional detailer I think. The interior from here looks good, to get a nice dash without cracks is a huge plus. I can't say much about price if it's good or not.

All I can say is, a red sports car at age 22? Your insurance must be making bank.
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Old 06-05-2012, 04:29 AM
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The alarm problem does have to do with the rear hatch, but I do not know how to fix it so unplugging the alarm was a quick fix.

The car came with an extra fog light which I recently switched. The front spoiler is cracked on the passenger side, but I also noticed that it is not made for the car and does not fit properly.

I do not understand why you cannot say much about price, and I have a perfect driving record so my other car (2000 Mazda 626) is only $100 in insurance and the 928 is only $100 more on top of that.

Thank you for your reply, but really I want to know if I spent too much.
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Old 06-05-2012, 04:43 AM
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front splitter is off the s model,slightly different shape in places.its possible to cut it here and there to make it fit ok.you might also be able to repair the damage on it also.i think if the car drives ok you have done ok at $4k.but be advised you will easily spend the same again + to have a fully sorted car.best of luck with it and welcome to the forum.
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Old 06-05-2012, 04:46 AM
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You'd have to partly disassemble the hatch lock to access the alarm contacts inside. There should also be contacts on the lower housing as well. There's a great guide on here for disassembling the rear hatch lock just search for it.

What I meant was that I don't know if $4k for an '82 in that condition is good or not. Others will chime in though. Granted all the major refreshers were done (cam covers, intake, belts), you saved a bunch on cost.

That's pretty good on insurance. Just make you sure you keep that clean record...just one point and BAM!...premium doubles to triples unless you have a kind insurance underwriter.
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Old 06-05-2012, 04:47 AM
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Originally Posted by dogleg
front splitter is off the s model,slightly different shape in places.its possible to cut it here and there to make it fit ok.you might also be able to repair the damage on it also.i think if the car drives ok you have done ok at $4k.but be advised you will easily spend the same again + to have a fully sorted car.best of luck with it and welcome to the forum.
Thank You.

I am going to try to fix the front spoiler when I get a chance.

Last edited by MTM1989; 06-05-2012 at 05:11 AM.
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Old 06-05-2012, 04:48 AM
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Originally Posted by MTM1989

Thank you for your reply, but really I want to know if I spent too much.
Too early to really tell, much depends on the quality of the work previously done to the car, and what remains to be done.

First thing to pay attention to are the high pressure rubber fuel injection lines.

No such thing really as a proper tune up for a 928, none of what used to be a normal tune up on older cars applies to a 928. The typical big service besides the timing belt and water pump, is an intake refresh with new seals and vacuum lines.

Add your location to your profile, and the year and model of your car to your .sig file, and get somebody local to go over your new car with you.

Congrats on a 928, even if it is a red one.
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Old 06-05-2012, 04:53 AM
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Originally Posted by danglerb
Too early to really tell, much depends on the quality of the work previously done to the car, and what remains to be done.

First thing to pay attention to are the high pressure rubber fuel injection lines.

No such thing really as a proper tune up for a 928, none of what used to be a normal tune up on older cars applies to a 928. The typical big service besides the timing belt and water pump, is an intake refresh with new seals and vacuum lines.

Add your location to your profile, and the year and model of your car to your .sig file, and get somebody local to go over your new car with you.

Congrats on a 928, even if it is a red one.
Thanks. I have never liked red cars but for some reason I like this one.
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Old 06-05-2012, 04:56 AM
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Originally Posted by Avar928
You'd have to partly disassemble the hatch lock to access the alarm contacts inside. There should also be contacts on the lower housing as well. There's a great guide on here for disassembling the rear hatch lock just search for it.

What I meant was that I don't know if $4k for an '82 in that condition is good or not. Others will chime in though. Granted all the major refreshers were done (cam covers, intake, belts), you saved a bunch on cost.

That's pretty good on insurance. Just make you sure you keep that clean record...just one point and BAM!...premium doubles to triples unless you have a kind insurance underwriter.
Cool I definitely need to find that thread because some of these Saint Louis street are BAD. I almost got pulled over twice now, once because its red (not used to driving a red car) and because it still has 2010 plates on it. Passed inspection tho, just need new plates.
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Old 06-05-2012, 05:07 AM
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I can't find it right now, I think it was one of Dwayne's write ups. Anyone know which one I'm talking about?

A good tune up should run you about almost $1k in parts assuming new ignition wires, distributor caps, rotors, air filter, spark plugs, fuel filter, fuel pump, fuel lines. Most, if not all can be bought at 928RUS. Just email him (Roger) with a list.

You could be just that $1k or double your purchase price to get the car right. That's what makes the 928 fun It's an investment in happiness. The moment you think about financial gain, buy something else.
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Old 06-05-2012, 05:46 AM
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There was one similar to that up for sale about a year ago for $5k but it was a salvage. Yours look like a good deal to me....Bruce
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Old 06-05-2012, 12:50 PM
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Thanks, now after reading on this site I just hope there is no deeper problem with the car. My mechanic used to work for an exotic car dealer but he is so busy it is hard to get a hold of him.
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Old 06-05-2012, 01:09 PM
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Originally Posted by Avar928
I can't find it right now, I think it was one of Dwayne's write ups. Anyone know which one I'm talking about?

A good tune up should run you about almost $1k in parts.
Thanks, I found that thread or one similar to it and will be attempting it tomorrow. I have around 2k at the moment to put into the car because my other car is worth roughly 6k and I will be selling it soon. After that all the mad money I save up will go into the car.
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Old 06-05-2012, 01:24 PM
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As far as value for your car, only you will be able to answer that in about 6 months to a year. If you still love the car then you got a good deal.

Do not sell your other car if you do not have a daily driver. Wait until you get the 928 sorted out.

To give you some perspective. I purchased a one owner well maintained 85 S last August for 5k, and I already have over 5k worth of parts into it. It does not take long for the 928 addiction to take over!

If you can do your own work it could be a great car for you. If you intend on having a mechanic do your repairs then not so much and there will be repairs, remember its 30 years old.

Congrats on the purchase and good luck. Don't forget to read the FAQ's
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Old 06-05-2012, 02:19 PM
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Originally Posted by Adamant1971
Don't forget to read the FAQ's
Did I do something wrong, if so can you just tell me what? The FAQ's page is an extensive list.

Thanks
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