928 GT Mecum sale in Automobile Magazine
11-11-2014, 04:02 PM
#1
Instructor
Thread Starter
928 GT Mecum sale in Automobile Magazine
Nice article I saw while at the Dr's office waiting for my grandma. Seems to favor the S4's and GT's but it's cool either way.
11-11-2014, 10:02 PM
#6
Instructor
Thread Starter
I wrote a letter to the Editor of Automobile Magazine. Here's what I wrote:
In the December 2014 issue, there's a Mecum Feature Car sale of a Porsche 928 GT. The "Story Behind the Sale" is not entirely accurate.*
The Final Version was the GTS. Porsche 928 designations were 928, 928S, 928 S4, 928 GT( which only came in a 5 Speed) and the final version was the GTS.*
As for expensive parts and repair costs, in my opinion as a 928S owner I believe that*
the less you maintain it, the more it will cost in repairs (and that goes with any "Supercar." I don't see anyone complaining about Ferrari repair costs).
Either way, I don't believe parts and repair costs are bad at all.*
I'm glad to see the 928 get some attention though, as it seems to be treated as the unwanted step-child of the Porsche family at times.*
People should remember that it was the flagship of the Porsche lineup for 17 years, and a precursor to the front engine models being sold today.
I wonder if I'll get a response.
In the December 2014 issue, there's a Mecum Feature Car sale of a Porsche 928 GT. The "Story Behind the Sale" is not entirely accurate.*
The Final Version was the GTS. Porsche 928 designations were 928, 928S, 928 S4, 928 GT( which only came in a 5 Speed) and the final version was the GTS.*
As for expensive parts and repair costs, in my opinion as a 928S owner I believe that*
the less you maintain it, the more it will cost in repairs (and that goes with any "Supercar." I don't see anyone complaining about Ferrari repair costs).
Either way, I don't believe parts and repair costs are bad at all.*
I'm glad to see the 928 get some attention though, as it seems to be treated as the unwanted step-child of the Porsche family at times.*
People should remember that it was the flagship of the Porsche lineup for 17 years, and a precursor to the front engine models being sold today.
I wonder if I'll get a response.
11-11-2014, 10:09 PM
#7
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Have GT's really gone up that much? Should have held on to my 29 Option Code Car!
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11-11-2014, 11:12 PM
#8
Rennlist Member
This one and the recent ebay GT sale are exceptional examples, but yes, prices have been on the move. Perhaps the more exceptional aspect of this is that it happened at a Mecum auction. I haven't been to one, but have watched a lot on cable and American Iron is what they broadcast and what they sell. The Indianapolis sale last summer had only a couple of 911s and one S4 IIRC. It went high and I thought that it was bought by a "greater fool" if you know what I mean.
11-12-2014, 12:43 AM
#10
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11-12-2014, 09:34 AM
#12
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11-12-2014, 10:20 AM
#13
Nordschleife Master
22k miles, "near flawless" condition.
Last year of the GT.
Definitely a rare and valuable car.
There was the 89 with 16k miles a few months back. General consensus was mid-40s. Went for $55k. Showed up at an "Exotic Dealer" who knew next to nothing about the 928 (thought it was an "S4" with "all wheel drive") for $80k. It's dropped since, but I don't know if it's sold.
The values of mint, early or late models is always the highest. And usually goes up first.
Of course, that just makes the idiots think their clapped out wreck is worth a mint.
Last year of the GT.
Definitely a rare and valuable car.
There was the 89 with 16k miles a few months back. General consensus was mid-40s. Went for $55k. Showed up at an "Exotic Dealer" who knew next to nothing about the 928 (thought it was an "S4" with "all wheel drive") for $80k. It's dropped since, but I don't know if it's sold.
The values of mint, early or late models is always the highest. And usually goes up first.
Of course, that just makes the idiots think their clapped out wreck is worth a mint.