Price premium for low mileage 928S?
04-04-2013, 08:41 PM
#1
Banned
Thread Starter
Price premium for low mileage 928S?
I tried posting this earlier, but it didn't come up. Forgive me if it is lost on another forum. Anyway, I am looking at a 85 928S 5 speed with 25000 miles. Excellent mechanical shape professional maintained, new belt, tensioner, brakes, bushings, bearings, great paint all electrics/AC work, no dash cracks. The NADA high retail is $15100. What would be a fair premium for the low mileage and excellent condition. 10-20% over NADA or more? Thanks
04-04-2013, 08:47 PM
#2
Rennlist Member
Odometers on these cars have a design flaw and can't be trusted as a general rule. Post pics and lots of them if you got 'em. Folks on here know how to tell age and use from other tell-tale signs. If it really is a 25K car it can easily get $15K+.
04-04-2013, 08:55 PM
#3
Banned
Thread Starter
The car is on ebay now with a buy it now price of $23500. That is a bit much for a 85 model. Anyway, I'm looking at it on Weds. I'm not completely ignorant of the 928 as I imported (gray marketed) a 78 Euro while in the military and rebuilt the engine, replaced clutch, brakes, did a repaint and various other maintenance items. But I'm sure I would need a professional inspection before I pay anywhere north of the NADA high retail. Opinions please. Thanks!
04-04-2013, 09:05 PM
#4
Burning Brakes
I believe this is the same car. Was at a dealer not even a year ago, but appears to be a great example. Look at it this way, you could get a "lesser" 928 and face the possibility of spending a fortune on servicing. Not to say the same couldn't happen to this car, but this one looks like a great, original, low mileage example. If I had the money to spare and were looking for a 928, this one would certainly be high on my list, assuming the original wheels are included. Also it's RED and doesn't have rub strips!!!
Link to page at dealership:
http://www.flemingsultimategarage.co...8s--c-1758.htm
and a video:
Link to page at dealership:
http://www.flemingsultimategarage.co...8s--c-1758.htm
and a video:
04-05-2013, 04:26 AM
#5
Nordschleife Master
All depends on what makes your boat float. Low miles is always a big plus, 25k is toward the top end of big dollar difference, and when it hits 30k a big chunk goes away.
Other factors mean more to me than low miles, say 25k vs 75k, wouldn't change my mind about preferred colors etc.
Knowledgeable inspection essential.
Other factors mean more to me than low miles, say 25k vs 75k, wouldn't change my mind about preferred colors etc.
Knowledgeable inspection essential.
04-05-2013, 07:16 AM
#6
Pro
That is a beautiful 85, best I've seen.
04-05-2013, 08:10 AM
#7
Rennlist Member
Looks very original:
Window sticker,
Cargo shade, and net
Original radio
I'd like to see if the electric hatch releases on the sides of the seat work.
Also I'd look for the key for the wheel locks is under the jump post cover, and make sure all the tools are there.
Interior looks real nice, I don't think it has heated seats.
Looks like some paint wear on the intake manifolds.
Get the vin, and an option check can be run.
Window sticker,
Cargo shade, and net
Original radio
I'd like to see if the electric hatch releases on the sides of the seat work.
Also I'd look for the key for the wheel locks is under the jump post cover, and make sure all the tools are there.
Interior looks real nice, I don't think it has heated seats.
Looks like some paint wear on the intake manifolds.
Get the vin, and an option check can be run.
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04-05-2013, 11:32 AM
#10
Rennlist Member
This is an outstanding example. Now for the psycoanalysis: Been said before, if there is a "$9.00 part" that would solve a leak on a car that is near perfect, why doesn't he just buy that $9.00 part and fix it???? He says something about "wheels make the car" and he has open nuts on the wheels. These are picky complaints. So shoot me.
He does give a better history than 95% of the other ads on ebay, cars.com or autotrader; I don't think he is covering anything; he should be willing to put you in contact with the "specialist" who knows the car. I predict you will have a hard time getting him down on the price. I sort of hope he gets his price, but I don't think it is realistic. YMMV.
He does give a better history than 95% of the other ads on ebay, cars.com or autotrader; I don't think he is covering anything; he should be willing to put you in contact with the "specialist" who knows the car. I predict you will have a hard time getting him down on the price. I sort of hope he gets his price, but I don't think it is realistic. YMMV.
04-05-2013, 11:39 AM
#11
Rennlist Member
I was not looking for a low mileage car but bought one anyway because I flat fell in love with the car. Some sellers drastically overvalue cars based on low miles IMHO, but 15k or 16k is certainly not unreasonable for a nice low mileage 85.
Some things to think about:
A thorough PPI is particularly essential. Because corrosion in the cooling system is a potential problem in low mile cars, ask your PPI provider if they can check for exhaust gases in the cooling system using a sniffer or a chemical test kit. This would be in addition to a compression test.
Lots of rubber parts age whether the car is driven or not. Be prepared to replace them, particularly the fuel lines, timing belt and coolant hoses. My car had a twelve year old timing belt with less than 2000 miles on it when I bought it. Once the title changed hands, I had it trailered to my house and drove it about 200 feet before replacing the timing belt. I did the fuel lines and coolant hoses shortly thereafter.
A timing belt failure or fuel fire can ruin your day.
Once you own the car, you may feel conflicted about putting miles on it. I know I am. Unfortunately, it is just such a sweet ride, I can't stay out of it. Moreover, a 928 is a penultimate long distance driver and loves to gobble up, and add, miles. Until the world changes, every 928 is a money losing proposition. This phenomenon is accelerated with a low mileage car that gets used as all 928's should be.
I test drove a lot of dogs while searching for my car. The one I bought and another car owned by a Rennlister were two exceptions to the dog experience. A nice tight low mileage car or well loved shark are light years ahead of a car that has been neglected while accumulating 80k or more. If this car is what you want, if it drives well and the PPI confirms low miles and condition, buy it. The only person you can't lie to about what you paid is your spouse/significant other.
While red cars are reputed to be at least five mph faster, my personal opinion is that red car owners are "compensating" for certain shortcomings. Blue and black car owners lack these insecurities and with the exception of a certain gentleman for Ohio who shall remain nameless, are more refined.
Some things to think about:
A thorough PPI is particularly essential. Because corrosion in the cooling system is a potential problem in low mile cars, ask your PPI provider if they can check for exhaust gases in the cooling system using a sniffer or a chemical test kit. This would be in addition to a compression test.
Lots of rubber parts age whether the car is driven or not. Be prepared to replace them, particularly the fuel lines, timing belt and coolant hoses. My car had a twelve year old timing belt with less than 2000 miles on it when I bought it. Once the title changed hands, I had it trailered to my house and drove it about 200 feet before replacing the timing belt. I did the fuel lines and coolant hoses shortly thereafter.
A timing belt failure or fuel fire can ruin your day.
Once you own the car, you may feel conflicted about putting miles on it. I know I am. Unfortunately, it is just such a sweet ride, I can't stay out of it. Moreover, a 928 is a penultimate long distance driver and loves to gobble up, and add, miles. Until the world changes, every 928 is a money losing proposition. This phenomenon is accelerated with a low mileage car that gets used as all 928's should be.
I test drove a lot of dogs while searching for my car. The one I bought and another car owned by a Rennlister were two exceptions to the dog experience. A nice tight low mileage car or well loved shark are light years ahead of a car that has been neglected while accumulating 80k or more. If this car is what you want, if it drives well and the PPI confirms low miles and condition, buy it. The only person you can't lie to about what you paid is your spouse/significant other.
While red cars are reputed to be at least five mph faster, my personal opinion is that red car owners are "compensating" for certain shortcomings. Blue and black car owners lack these insecurities and with the exception of a certain gentleman for Ohio who shall remain nameless, are more refined.
04-05-2013, 11:55 AM
#13
Rennlist Member
Lots of rubber parts age whether the car is driven or not. Be prepared to replace them, particularly the fuel lines, timing belt and coolant hoses......
A timing belt failure or fuel fire can ruin your day.....
Once you own the car, you may feel conflicted about putting miles on it. I know I am. Unfortunately, it is just such a sweet ride, I can't stay out of it. Moreover, a 928 is a penultimate long distance driver and loves to gobble up, and add, miles. Until the world changes, every 928 is a money losing proposition. This phenomenon is accelerated with a low mileage car that gets used as all 928's should be.......
A timing belt failure or fuel fire can ruin your day.....
Once you own the car, you may feel conflicted about putting miles on it. I know I am. Unfortunately, it is just such a sweet ride, I can't stay out of it. Moreover, a 928 is a penultimate long distance driver and loves to gobble up, and add, miles. Until the world changes, every 928 is a money losing proposition. This phenomenon is accelerated with a low mileage car that gets used as all 928's should be.......
Dave
