Notices
928 Forum 1978-1995
Sponsored by:
Sponsored by: 928 Specialists

To buy a 928GTS or not

Thread Tools
 
Search this Thread
 
Old 12-20-2013 | 11:01 AM
  #1  
boomboom's Avatar
boomboom
Thread Starter
Rennlist Member
 
Joined: Aug 2012
Posts: 453
Likes: 21
Default To buy a 928GTS or not

Hello 928ers,
I am really interested in purchasing a particular 928GTS. Price in high 30s and car appears to be in great shape (phone and pics). 64K total miles with recent service for all typical needed items.

I have posed the same on the 993 forum, "To buy a 928 and sell a 993 Cab".

Here is the issue. I have a 1996 993 Cab that I would need to sell afterwards, just can't afford both. Will the 928GTS do as well as my 993 has done in holding value? I enjoy the 993, but think it is time to get a more comfortable car.

Any thoughts would be greatly appreciated.

Thanks,
boomboom
Old 12-20-2013 | 11:10 AM
  #2  
Tom in Austin's Avatar
Tom in Austin
Rennlist Member
 
Joined: Jul 2002
Posts: 3,269
Likes: 5
From: Deep in the Heart of Texas!
Default

Interesting question ... if you kept the GTS in pristine condition and didn't drive it, then probably yes, it would hold value well as a low-miles specimen - what you might call the "Willhoit effect". Commentary on the forum here is that 928 values are diverging with very nice, low miles cars increasing in value and all the others falling steadily. Thus, an 'average' S4 around $10k, and the car you're looking at a couple model years newer still in the 30s.

But for an equally good GTS and 993 going from 64K miles today to say 100k, then probably the 993 would hold value better.
Old 12-20-2013 | 11:21 AM
  #3  
boomboom's Avatar
boomboom
Thread Starter
Rennlist Member
 
Joined: Aug 2012
Posts: 453
Likes: 21
Default

Thanks Tom. Yes I would keep it as low miles with probably 2K per yr max. I am hesitant with the high 30s number. Sunroof not working (broken and who knows why), original clutch and probably close to replacement. Should probably do the flywheel at the same time with slave and hose.

Your thoughts on pricing?
Old 12-20-2013 | 11:27 AM
  #4  
AO's Avatar
AO
Supercharged
Rennlist Member
 
Joined: May 2002
Posts: 18,925
Likes: 66
From: Back in Michigan - Full time!
Default

What year GTS?

5-speeds do seem to command a higher market price. If the body and interior condition is really good, 30's is a great price. Hard to say, what the future holds for the GTS. The '95 5-speeds seem to be doing VERY well in the 70k-100k+.
Old 12-20-2013 | 11:28 AM
  #5  
Tom in Austin's Avatar
Tom in Austin
Rennlist Member
 
Joined: Jul 2002
Posts: 3,269
Likes: 5
From: Deep in the Heart of Texas!
Default

928 values are based on three broad areas: exterior condition, interior condition and mechanical condition. For high 30s I'd want all three to be excellent.

There's a lot of age-related mechanical stuff you should expect to have to address even if working correctly today ... leaks, disintegrating hoses, etc. Even a car with "no mechanical issues" found in a PPI will cost you $5K to get up to date on all these kind of things.
Old 12-20-2013 | 11:29 AM
  #6  
Leon Speed's Avatar
Leon Speed
Addict
Lifetime Rennlist
Member
 
Joined: Jul 2007
Posts: 4,539
Likes: 3
From: Germany
Default

Post the pics and what you know of its history and you'll get pretty good opinions on the price.
Old 12-20-2013 | 11:32 AM
  #7  
boomboom's Avatar
boomboom
Thread Starter
Rennlist Member
 
Joined: Aug 2012
Posts: 453
Likes: 21
Default

It's a 1993, 5sp. Supposed much of the brittle items done recently. As mentioned the clutch is original and the sunroof not operational. Paint is original and in excellent cond. Interior looks very good, but probably needs cleaning and dressing.
Old 12-20-2013 | 11:57 AM
  #8  
boomboom's Avatar
boomboom
Thread Starter
Rennlist Member
 
Joined: Aug 2012
Posts: 453
Likes: 21
Default

Here are a couple of pics gents. Thanks.
Attached Images   
Old 12-20-2013 | 11:59 AM
  #9  
whatudrivin's Avatar
whatudrivin
Rennlist Member
 
Joined: Jan 2012
Posts: 1,158
Likes: 0
From: Oklahoma City, Oklahoma
Default

No wing ehh?? Engine/interior shot?
Old 12-20-2013 | 12:01 PM
  #10  
Bilal928S4's Avatar
Bilal928S4
Drifting
 
Joined: Apr 2011
Posts: 2,879
Likes: 16
From: New Canaan, CT
Default

No rear wing.
Exhaust looks after market.
The windows are tinted.
The rear reflector between the tail lights has been blacked out.
Would be helpful to see interior and engine pictures.
Old 12-20-2013 | 12:04 PM
  #11  
AO's Avatar
AO
Supercharged
Rennlist Member
 
Joined: May 2002
Posts: 18,925
Likes: 66
From: Back in Michigan - Full time!
Default

Aftermarket exhaust, and I'm not sure if the wheels are original for a '93.
Old 12-20-2013 | 12:04 PM
  #12  
AO's Avatar
AO
Supercharged
Rennlist Member
 
Joined: May 2002
Posts: 18,925
Likes: 66
From: Back in Michigan - Full time!
Default

Also, rear reflector strip appears to be missing
Old 12-20-2013 | 12:14 PM
  #13  
SteveG's Avatar
SteveG
Rennlist Member
 
Joined: Jul 2001
Posts: 6,520
Likes: 99
From: New York
Default

Originally Posted by Tom in Austin
928 values are based on three broad areas: exterior condition, interior condition and mechanical condition. For high 30s I'd want all three to be excellent.
That about covers it.
Old 12-20-2013 | 12:16 PM
  #14  
Tom in Austin's Avatar
Tom in Austin
Rennlist Member
 
Joined: Jul 2002
Posts: 3,269
Likes: 5
From: Deep in the Heart of Texas!
Default

So far so good, no obvious collision repair/repaint on the parts of the car we can see in the picture. On to the interior/service history/PPI ...
Old 12-20-2013 | 12:31 PM
  #15  
auzivision's Avatar
auzivision
Drifting
 
Joined: Jun 2006
Posts: 2,707
Likes: 73
From: Indianapolis Area
Default

Doesn't look like a Willhoit candidate, but a nice looking GTS none the less. The collector grade pricing premiums typically are tied to originality. This would be a good 'comfort' car that will, in my estimation, retain but not gain much in value if maintained and not abused. The down side is these cars love to gobble up miles... after all they are GT's. The upside is smiles per dollar ratio is hard to top!


Quick Reply: To buy a 928GTS or not



All times are GMT -3. The time now is 07:23 PM.