928 - whats it worth question?

[Elliot]

I originally put this on the 928 forum but it appears nobody wants to reply so I thought I would put it on here for the ever dependable 944 boys to comment.

I have been looking for a very good 928 for a few years now and today I found it.

A friend told me about his brothers Porsche that hadn't done anything for the last 10 years except servicing and mots.

rung him up and had a look at lunchtime

its a 1988 928 s4 in white with blue leather - auto

he has owned it from new and its done 48K miles but is absolutely mint except one small scratch on drivers door.

he will sell it but is not desperate so I need to offer him a realistic amount - bearing in mind I will need to do the belts on it.

What do you boys think it is worth?

 

[Cater_Racer]

Not sure Elliot but with that kind of provenance I think you're looking north of 20,000 maybe 30,000?

 

[Greg James]

Really I would think 10-15 they are not that loved. People ask more but do they sell? you see 944 for loads of money but they don't sell. It's a small market for people looking for old Porsches that aren't 911s. Real Porsches in most people's minds. So command the higher price tag. Just what I think for what it's worth.

 

[lacedr]

there is one on ebay http://141065123885
its on a buy it now from a dealer,i think, up for £15k although no service history.
also on autotrader http://www.autotrader.co.uk/classif...sche-928-s-srs-4-----------------1989/1708648

 

[Cater_Racer]

http://www.pistonheads.com/classifieds/used-cars/porsche/928/porsche-928-s4/1668920

 

[Greg James]

Lets see how long it sits there they have had a cab 944 for months and months!!

 

[Cater_Racer]

It's sold....


What we don't know is what he got for it.

 

[Hairyarse]

I would agree with the 10-15 mark, although it's another one of those cars where prices on cars for sale seems to vary wildly

 

[GlennS]

ORIGINAL: Cater_Racer

http://www.pistonheads.com/classifieds/used-cars/porsche/928/porsche-928-s4/1668920

That's optimistic. About right for a GTS but high for an S4, even a low mileage one. I'd suggest around 10-15k for a low-mileage S4 is about right. As an example,

http://www.928.org.uk/for-sale/657-for-sale-porsche-928-s4-baltic-blue.html

That's 9K for a good looking 68,000 mile car

 

[Greg James]

It's funny how his cars come and go from the net keep an eye one them the 944 has come and gone for ages why put them back up if they are sold?

 

[Ewan]

"Worth" is a strange concept. If he had to sell it within a day or two, i.e. to the trade, he'd not see 10k. So in one sense, it's not "worth" £10k. But if he's only willing to sell at, say, £15k and eventually gets that figure, the value would have been proven to be £15k. I've been hankering after one for a while (just not white and blue as that's the combo of my 944) and would be happy to offer £12k for a similar car in a different colour way.

 

[George Elliott]

to answer the original question £3k to £3.5k would be sensible max.

They are an electrically unreliable pig which destroys their value, and its only because its an S4 that it is worth so much. I like it, a fascinating car as it was the original attempt to kill off the 911. I did drive one once, and it was evident there was a great depth to its ability, but probably more so at 100mph plus on the autobahn.

Put it through a car auction and it will make £1000, - so Elliot you will have to figure out how to balance your own instinct as to the real value, and the cloud cuckoo numbers from people who will not be parting with a penny for it.[]

Good luck
George
944t

 

[Craigybaby]

If I was after one, I'd be willing to pay £10-£12k for one as good as you describe above. Any less would be a bargain.

 

[PAUL RUDDY]

ORIGINAL: George Elliott

to answer the original question £3k to £3.5k would be sensible max.

They are an electrically unreliable pig which destroys their value, and its only because its an S4 that it is worth so much. I like it, a fascinating car as it was the original attempt to kill off the 911. I did drive one once, and it was evident there was a great depth to its ability, but probably more so at 100mph plus on the autobahn.

Put it through a car auction and it will make £1000, - so Elliot you will have to figure out how to balance your own instinct as to the real value, and the cloud cuckoo numbers from people who will not be parting with a penny for it.[]

Good luck
George
944t

Meanwhile back on planet Earth ....

I would say £10k plus as a starting point.

 

[Neil Haughey]

Honest answer, I wouldn't consider a 928 for a second with an auto box. I owned a tiptronic 968 remember which is a more useful box than you get in a 928 and in hindsight it truly does ruin the car. Sportscars and auto boxes are an oxymoron IMHO. Also IMHO but going forward the classic car market will reflect this position such that the only desirable 928s will be those with manual gearboxes. I would therefore happily pay £10+K of my own money for a minty 928 GT or S4 SE manual and a bit more for a GTS manual. Forget low mileage autos, they will never be worth anything to anyone other than those who are obsessive about 928s.

 

[George Elliott]

quote:

ORIGINAL: George Elliott

to answer the original question £3k to £3.5k would be sensible max.

They are an electrically unreliable pig which destroys their value, and its only because its an S4 that it is worth so much. I like it, a fascinating car as it was the original attempt to kill off the 911. I did drive one once, and it was evident there was a great depth to its ability, but probably more so at 100mph plus on the autobahn.

Put it through a car auction and it will make £1000, - so Elliot you will have to figure out how to balance your own instinct as to the real value, and the cloud cuckoo numbers from people who will not be parting with a penny for it.

Good luck
George
944t





Meanwhile back on planet Earth ....

I would say £10k plus as a starting point.

Bid them 7k Elliot - there is an easy 3k profit in it, and it seems that is just a starting point.....[][]
(I think you have more wit, but to clarify I am not being serious with this suggestion)

George
944t

 

[OLD_ian]

There is someone in R19 who's got a gorgeous GTS for sale at under £9k - on Pistonheads. The car is stunning and has had a no expenses spared kind of life. He is currently driving a 996 turbo which is the reason for selling.

So even really good 928s seem to be a bit of a bargain at the moment.

ORIGINAL: George Elliott

quote:

ORIGINAL: George Elliott

to answer the original question £3k to £3.5k would be sensible max.

They are an electrically unreliable pig which destroys their value, and its only because its an S4 that it is worth so much. I like it, a fascinating car as it was the original attempt to kill off the 911. I did drive one once, and it was evident there was a great depth to its ability, but probably more so at 100mph plus on the autobahn.

Put it through a car auction and it will make £1000, - so Elliot you will have to figure out how to balance your own instinct as to the real value, and the cloud cuckoo numbers from people who will not be parting with a penny for it.

Good luck
George
944t





Meanwhile back on planet Earth ....

I would say £10k plus as a starting point.

Bid them 7k Elliot - there is an easy 3k profit in it, and it seems that is just a starting point.....[][]
(I think you have more wit, but to clarify I am not being serious with this suggestion)

George
944t

 

[Elliot]

Thanks for the replies boys

the car is for personal use so not worried about making a profit on it just don't want to take the mickey with an owner that wants to see it driven rather than sitting in his garage.

we spoke today and he said he would like 5.5K so I shall be visiting the bank on Monday and collecting it ASAP.

cheers

 

[Greg James]

Nice work. Well done hope you love it. And that sounds a fantastic price.

 

[Hairyarse]

Oh wow, nice one Elliot!! [8D]