A friend of mine ask me what can his car be worth

1981 928
112,618 miles
Automatic
Red w/ beige interior

Vin# WP0JA0921BS820472

Needs paint work and interior
He has records of recent and before work done

Just around where should he place it

 

Sorry it kept uploading the picture

 

Start out at $4,000 be prepared to get offers for much less. As it is now with rust around 1/4 windows, bad paint, and needing interior plus the automatic much over $2,500 is a gift ! Does have "updated " S-4 wheels. The Ansa exhaust is a minus. The ideal buyer will NOT be 928 knowledgeable just someone who sees a Porsche they think they can afford.

 

I'd value it at nearer $1k, perhaps $2k with documented work. If you were going to restore one, you'd start with a better car. There are plenty of better ones around IMO.

Corrosion, paint and interior work are money sinks. That's before you even get to fluid leaks, emissions etc.

 

Thanks and this is a friend of mine he trying to sell but asking a bit higher at $5 personally I told him to ask around 2-3 so he can maybe get $2 out of it

 

Definitely. At $5k, they're going to need to be very, very lucky.

 

I'd knock off another $500-$700 for RED

 

how does it run? Does it pass smog? does the HVAC and everything else work properly....lots of variables....my guess is many answers to my ??? are "no" or sorta....around $2k is probably about right

 

When I last went in a drive it drove good and it did pass new York state inspection and the ac/heat do work

I have to ask him for the key to really try it out

Yea I told him around there 2/3 but someone who knows nothing about the car just the brand convinced him with 5 and I told him well that's going to be an expensive paper weight cause 5 it's going to be extremely hard to get

 

There will come a day when $2,000 Porsche 928s are but a memory.......but we are not there yet And if history is any example when that day comes it almost happens overnight !

 

Not the 928 but any $2,000 Porsche

 

have to figure that the chili pepper trucks will depreciate to next to nothing....way too complicated and expensive to repair.....just another cycle they will end up like big BMWs and Mercedes sedans or Jaguars for that matter used up and thrown away.

 

The early 996s seem to be on the downward $wise

 

Well they've all gone down actually and thanks for the info guys