FS: '95 928GTS 5spd 6,700mi

krasuskyp · 09-21-2009, 06:52 AM

I know there's a classified section but I know I don't surf it often and I appreciate heads up on cool cars in the 930 section, figured you all might here as well (funny I noted a '93 GTS FS post below, 2 of the 406 in a couple weeks - weird). I'll put this in the classified section too tho.

My bud's selling a '95 GTS, silver/black, 5spd, 6,700mi (not a typo). The car is *new*... still on OE Contis even. Looks new feels new SMELLS NEW. Fully stealer serviced. Window sticker, all keys, books, not a mark anywhere nothing. Think option-wise it has the power driver lumbar. Aftermarket Alpine head unit, and some sort of period-correct phone installed (grrr!).

Best is VIN suggests this is #62 of the 77 imported for '95, the 16th to the last of the 406 GTSs for NA and the end of the 928 run. Neat!

Car's in NE CT here. Think he's set the price @ $62k, and is in no hurry to sell.

I only got a crappy cell shot sorry, I'd forgotten my !@#$%&* carmera. Took it for a whirl around the block - what a time capsule! Cars got good nuts, I was pretty impressed.

PM or email me for contact info, he's a great guy/longtime close friend, and a die hard enthusiast but not a forum member. He'd like to see it go to someone who appreciates it for what it is, I figured THAT person is found HERE! 8-)

928forlife · 09-21-2009, 07:35 AM

Interesting time to sell. Has this car been with your friend for a while?

I ask because there was an almost identical GTS with the same low miles located in Duxbury, MA a short distance from NE CT that was offered on Ebay a couple times in the last few years.

Interesting if there were 2 GTS's under 10 K miles within a half hour drive of one another.

Danglerb · 09-21-2009, 10:16 AM

http://www.928registry.org/1995-928GTS-0122.htm

Looks like its been "for sale" since 2001, always a good bit over market price.

Dozman · 09-21-2009, 11:38 AM

Seems same posts same points of view on ...otherlist.

Actually a bit under market, but always market price is like opinions. Market price I guess the price someone is willing to pay.

928forlife · 09-21-2009, 01:13 PM

It is the same car that I remembered, you can see the MASS plates on the photo's. This car has been for sale a long time.

The 928 is not a car for selling, it is a car to keep. As for market price this GTS has always been above "market" or it would have sold and NOW no one has any cash in general and a 928 is not an investment.

But lets face it the 928 is so undervalued in the "market".

There is no new car for sale in a showrooms today for less than 200K that has the qualities that my euro has. Same year average 911's sell for 18-20K. The "market" is made up of clueless people, most of whom have never been in a 928.

and Heather's low mile GTS can't get a bid at 27K.

chuck z · 09-21-2009, 02:45 PM

Quote:

Originally Posted by 928forlife

It is the same car that I remembered, you can see the MASS plates on the photo's. This car has been for sale a long time.

The 928 is not a car for selling, it is a car to keep. As for market price this GTS has always been above "market" or it would have sold and NOW no one has any cash in general and a 928 is not an investment.

But lets face it the 928 is so undervalued in the "market".

There is no new car for sale in a showrooms today for less than 200K that has the qualities that my euro has. Same year average 911's sell for 18-20K. The "market" is made up of clueless people, most of whom have never been in a 928.

and Heather's low mile GTS can't get a bid at 27K.

This car has NOT been for sale continuously since 2001. I would see an advertisement every once in a while (usually in the duPont Registry) and post the info on my site. I don't think the seller needs to sell or has put a lot into selling the car. If memory serves, he is a doctor and flies a helicopter to work?

He has been above the market in several of his early ads but trust me, the market has come to him and now he's low...... WAY LOW! Ask me how I know...... If this car is real, it's a $95k+ car all day long.

As for Heather Thomas' car, it's an automatic and sorry to say but her celeb isn't going to raise the value of this one. Is it worth the $26k opening bid? Absolutely. It's just a bad time to sell a 45k mile AT 928 GTS that is nothing special other than a celeb PO.

928forlife · 09-21-2009, 04:19 PM

Chuck I remember seeing it for sale twice on ebay and one time was when they were asking that 87K. Now you can say it is below market but frankly that does not make any sense. And you can say it has not been for constant sale but that also does not jibe. He keeps dropping his price and keeps putting it up for sale.

Everyone in the market for a GTS knows of this car including low miler and Wilhoit. So if it hasn't sold it is by definition over market.

What is more special about it other than less miles than Heather's? It is not a 312 mile GT. I mean a car is either a car or a museum piece. There is a Carrera GT sitting in its packing in SA un-delivered to this day, that they want a lot of dough I am told, but once you drive it the price ends up somewhere between $1 less than sticker and 350K.

If Heather's can't get a bid at 26 with 45,000 miles and a rare combo and you think this is worth 90K with 8,000 then thats a steep hill of decline for any pleasure usage.

Bottom line - this GTS myth is just that, 928's in general are way under-valued and under-appreciated, but GTS's have some cachet that they really don't deserve vis-a-vis the rest of the 928's. It was neglected by Porsche and underpowered by a long shot when compared to either euro's of the early 80's and its exotic competition of the mid-90's.

just a note: I was looking around inside kermit before you ever did. What a nice interior.

Danglerb · 09-21-2009, 04:55 PM

I have to guess the market for a Porsche you can't drive must be kinda small.

Despite a total lack funds I've given a lot of consideration to "what I would do", and it wouldn't be to buy a low mileage car. I would prefer car thats been driven 50k to 100k miles, then hand it over to Greg Brown for the treatment.

Still I am curious what this one goes for, or if it goes.

Normy · 09-21-2009, 06:45 PM

So...if I buy it, who is going to buy my S2 5 speed?

N!

chuck z · 09-21-2009, 06:49 PM

Quote:

Originally Posted by 928forlife

Chuck I remember seeing it for sale twice on ebay and one time was when they were asking that 87K. Now you can say it is below market but frankly that does not make any sense. And you can say it has not been for constant sale but that also does not jibe. He keeps dropping his price and keeps putting it up for sale.

We're talking over the course of 8 years. I know for a fact it hasn't been for sale steady for 8 years. Last time it was on eBay was a few years ago if I remember correctly. As for the price I have personal experience $87k is low. I sold my 95 GTS with 12k miles on it for more than that! There was also the 94 5-speed with 6k miles that sold for $92,500.

Quote:

Originally Posted by 928forlife

Everyone in the market for a GTS knows of this car including low miler and Wilhoit. So if it hasn't sold it is by definition over market.

I have a strong feeling they are trying to buy it as I type.......

Quote:

Originally Posted by 928forlife

What is more special about it other than less miles than Heather's? It is not a 312 mile GT. I mean a car is either a car or a museum piece. There is a Carrera GT sitting in its packing in SA un-delivered to this day, that they want a lot of dough I am told, but once you drive it the price ends up somewhere between $1 less than sticker and 350K.

You said most of why in your first sentence. It's not a 312 mile 89 GT but it IS one of 30 1995 GTSs with a 5-speed and one of just a couple with less than 10k miles. I have a feeling there are more than a couple NEW CGTs? Unless somebody snaps this one up quickly it will be resold for big $.

Quote:

Originally Posted by 928forlife

If Heather's can't get a bid at 26 with 45,000 miles and a rare combo and you think this is worth 90K with 8,000 then thats a steep hill of decline for any pleasure usage.

What's so rare/special about the Heather Thomas car other than she bought it new? She didn't keep it very long and gave it to a family member. Relatively speaking its got too many miles to command big $ and it's nothing special and it's an automatic..... You're right it's a steep decline dictated by miles, transmission and the fact that the 6k mile car is the last year of production.

Quote:

Originally Posted by 928forlife

Bottom line - this GTS myth is just that, 928's in general are way under-valued and under-appreciated, but GTS's have some cachet that they really don't deserve vis-a-vis the rest of the 928's. It was neglected by Porsche and underpowered by a long shot when compared to either euro's of the early 80's and its exotic competition of the mid-90's.

I beg to differ. I have had 3 of them, sold each one for more than I paid for them. I agree that the rest of the 928s are WAY under valued. Willhiot recently sold the 91 GT for over $30k which in my opinion is a good start.

Quote:

Originally Posted by 928forlife

just a note: I was looking around inside kermit before you ever did. What a nice interior.

Looks like I'm keeping it for a while longer. I have had two really strong offers very close to my asking price but I decided not to sell the car to either of them b/c neither met the criteria I have set in order for me to pass it on to it's next owner. One guy told me he was going to drive it like he stole it...... that was the end of our conversation. It's not about the money on this one! Also speaks to the over all value of low mileage mint 928s.

Quote:

Originally Posted by Danglerb

I have to guess the market for a Porsche you can't drive must be kinda small.

It is but, it only takes one!

Danglerb · 09-22-2009, 12:05 AM

Ads placed in paper media like a magazine will turn up calls years later. If the car "really" was for sale at all, there has been ample time and opportunity for someone to agree to his asking price, and that apparently has not happened. Anybody more than halfway seriously looking for a GTS would know about this car and what the asking price is, not selling is the definition of over priced.

Unless the seller doesn't want to sell and takes it off the market every time an offer shows up.

928forlife · 07:23 AM

Quote:

Originally Posted by Danglerb

Ads placed in paper media like a magazine will turn up calls years later. If the car "really" was for sale at all, there has been ample time and opportunity for someone to agree to his asking price, and that apparently has not happened. Anybody more than halfway seriously looking for a GTS would know about this car and what the asking price is, not selling is the definition of over priced.

Unless the seller doesn't want to sell and takes it off the market every time an offer shows up.

That's what I was saying above, the seller is either a squirrel or this "market" is made up of non-928 people who will let go of 90K if they are stroked properly. My guess is the right market has not been found.

Either way you slice it, kinda on the fringe.

928forlife · 07:50 AM

Quote:

Originally Posted by Normy

So...if I buy it, who is going to buy my S2 5 speed?

N!

For whatever price this or other GTS's go for, its a waste compared to the best 928 experience, yet a value compared to other cars (think about it, it makes sense)

Take a a good EURO S2, the best 928 model there is imo, and give it the treatment similiar to what Dan H is doing to the turquiose car on r-list.

Champagne interior, New professional complete paint job, and a slight greg gray engine and brake job.

Costs less and results in a much nicer product.

Just can't brag at the poker game about how few miles your newest paper weight has.

chuck z · 09-22-2009, 07:22 AM

Quote:

Originally Posted by 928forlife

That's what I was saying above, the seller is either a squirrel or this "market" is made up of non-928 people who will let go of 90K if they are stroked properly.

.....well, it did take the non-928 guy I sold mine to a year to talk me out of it.

928forlife · 07:34 AM

Quote:

Originally Posted by chuck z

.....well, it did take the non-928 guy I sold mine to a year to talk me out of it.

If you mean it took him a year to get you to sell to him, then my next question would be, why would he sell it back? certainly not money.

And I remember his garage having 3 other nice rides to keep him happy, seems more like a trophy game than a passion for 928's.

What 928 is sitting with his aston and fcar now?

There are a lot of bored rich folks out there who change cars like most of us change socks, just because a 928 passes thru their garage does not make them 928 people.

chuck z · 09-22-2009, 07:59 AM

Quote:

Originally Posted by 928forlife

For whatever price this or other GTS's go for, its a waste compared to the best 928 experience, yet a value compared to other cars (think about it, it makes sense)

Take a a good EURO S2, the best 928 model there is imo, and give it the treatment similiar to what Dan H is doing to the turquiose car on r-list.

Champagne interior, New professional complete paint job, and a slight greg gray engine and brake job.

Costs less and results in a much nicer product.

Just can't brag at the poker game about how few miles your newest paper weight has.

I seriously doubt it would cost that much less (I think you mean Greg Brown - engine alone would be $35k+) and while it would be a great car you'd NEVER get your money out of that one..... But you could brag about how much $ you p!ssed away.

chuck z · 09-22-2009, 08:05 AM

Quote:

Originally Posted by 928forlife

If you mean it took him a year to get you to sell to him, then my next question would be, why would he sell it back? certainly not money.

And I remember his garage having 3 other nice rides to keep him happy, seems more like a trophy game than a passion for 928's.

What 928 is sitting with his aston and fcar now?

There are a lot of bored rich folks out there who change cars like most of us change socks, just because a 928 passes thru their garage does not make them 928 people.

Driving - I'll get back to u on this one later.

928forlife · 09:05 AM

Quote:

Originally Posted by chuck z

I seriously doubt it would cost that much less (I think you mean Greg Brown - engine alone would be $35k+) and while it would be a great car you'd NEVER get your money out of that one..... But you could brag about how much $ you p!ssed away.

No I did mean Greg Gray the Aussie for his work as a template (or mike for an actual build)

Headers as art http://forums.rennlist.com/rennforums/2682643-post1.html

F50 Brakes http://forums.rennlist.com/rennforums/4510827-post14.html

Valves http://forums.rennlist.com/rennforums/3069750-post1.html

You get your money out of by enjoyment. The depreciation on a cayenne would just about cover the whole tab. All we need to do is take someone for 1 ride and they will understand, at least that is my experience.

Enjoy your ride, you should snap a few pics in front of Longviews clubhouse.

Xlot · 04:57 AM

Quote:

Originally Posted by 928forlife

Champagne interior, New professional complete paint job, and a slight greg gray engine and brake job.

Not many people who would type that instead of Greg Brown

928forlife · 05:39 AM

Greg Gray is a bit of a trail blazer - certainly made the best headers I have ever seen, 1st to use F50 brakes, then all the research on lightweight internals, honda racing rods etc..........

He wanted to make the ultimate 16V 928 engine. That is what I want, 2V/cyl and keep the best looking intake system ever put on a car but make it scream with great power and throttle response.

A perfect mix would be lightened bigger valves and race spec rods & pistons(Greg Gray) sitting in larger sleeves with aerated top deck held together by stronger bolts and dry sumped(Mike in Atlanta) all in my spare 1985 euro 16V engine. Say 450 RWHP @7000rpm- SWEEEET

Last I heard about Greg was he was in major pain from an injury received in a car crash, don't know what happened to his quest for the ultimate 16V.

As to Greg Brown, all I know is he is based in CA and does stroker engines, but I have never seen picture threads regarding results like I have for others like Mike, Greg Gray, 928SS, the mystery guy in Wisconsin, Louie Ott, Sterling, or even Devek.