928s for Sale
#151
When I was talking with some people recently about the market, it was suggested that people will be dragging these cars out of their garages, putting a coat of wax on them, and shoving them into the light. No prep, no work - just a sale.
It makes me a bit concerned - as then, the cycle may continue of misunderstanding and misuse. Even the seller here on BAT is stating himself he is nervous with the car.
Oh well.
#152
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Join Date: Jan 2015
Location: Near Mushroom Capital of the World
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Anyone in NYC wanting to save this car?
No affiliation
http://newyork.craigslist.org/que/cto/5620267269.html
No affiliation
http://newyork.craigslist.org/que/cto/5620267269.html
#154
Burning Brakes
#155
Burning Brakes
Man this car has me bummed out. Looked at it on Wednesday night in the pouring rain after flying into Dallas and driving in the monsoon TX rains three hours. Car was very well kept and was beautiful. Had aftermarket wheels, was due for a timing belt, had a accident a bit ago with 14k worth of work done but repaired by Park Place Porsche and the work looked to have been done well. But I got spooked, so didn't leave a deposit (I felt 'out of my wheelhouse' in that I'm an OB guy and really know very little about what to look for in a GTS, and also it would be the first 928 that I would have to finance to buy) - owner ( a very nice guy BTW) and I agreed that I would call Monday evening once I secured financing and he would hold the car until then. Talked to some GTS guys at SITM to gather info and this looked like it was the car for me. Secured financing today through classic car loan. Made the call to the owner today to take the car and there was "good news and bad news" - it was available but price now up 6k. Puts me out of the running. Crap -should have left that deposit. This market is definitely 'you snooze you lose'!
So, you went all the way there, made a tentative deal and took the weekend to chew on everything mentally and get your financing (and he agreed to hold the car till Monday)... and then by Monday he said the new price of the car was 6k higher? I mean, I guess that is the seller's prerogative, but man, that doesn't seem like a gentleman's way on his part. Perhaps he has a new offer from someone else.
I say: Be glad you walked. 928's values are indeed going up; but a car that has accident history (even a GTS) doesn't go up 6k value in 5 days as far as I have heard.
Last edited by 928 DesMoines; 06-07-2016 at 01:29 AM.
#157
Rennlist Member
Alex, the guy's a dick and I wouldn't buy the car from him under any circumstances. He probably had a couple more calls and thought yank and reprice. Hope he ends up sitting on it from here on in. By the way, a GTS with wreck history is just that - a great big discount. Excellent article on this very subject (plus things like multiple owners) affecting value in the most recent Sports Car Market magazine. A 90K miles car with accident history ain't going anywhere fast. I would not pay $36K for it, that's for sure. For that money, I'm looking for a sorted 89/90 GT, which may be a better car anyway.
#161
Man this car has me bummed out. Looked at it on Wednesday night in the pouring rain after flying into Dallas and driving in the monsoon TX rains three hours. Car was very well kept and was beautiful. Had aftermarket wheels, was due for a timing belt, had a accident a bit ago with 14k worth of work done but repaired by Park Place Porsche and the work looked to have been done well. But I got spooked, so didn't leave a deposit (I felt 'out of my wheelhouse' in that I'm an OB guy and really know very little about what to look for in a GTS, and also it would be the first 928 that I would have to finance to buy) - owner ( a very nice guy BTW) and I agreed that I would call Monday evening once I secured financing and he would hold the car until then. Talked to some GTS guys at SITM to gather info and this looked like it was the car for me. Secured financing today through classic car loan. Made the call to the owner today to take the car and there was "good news and bad news" - it was available but price now up 6k. Puts me out of the running. Crap -should have left that deposit. This market is definitely 'you snooze you lose'!
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TED WATSON (02-02-2023)
#162
#165
Rennlist Member