Why do people purchase the 928 and can't afford?

[mikeesik]

My friend came by 2 nights ago with my x car.
I -swear- Inever realized how fantastic the car looks.
You see, I have always been in the drivers seat and never saw it cruise by.

I really regret selling her. No way can you obtain that -ALL- for the money.
It was difficult to see it back here and then gone with someone else in the drivers seat.
Big-Heavy Sigh.
I have more respect and want NOW for this vehicle than I ever have.
Then again, I am driving a FERRARI........................................... .......red Taurus station wagon ! Uggh.

[dcrasta]

Originally Posted by mikeesik

My friend came by 2 nights ago with my x car.
I -swear- Inever realized how fantastic the car looks.
You see, I have always been in the drivers seat and never saw it cruise by.

I really regret selling her. No way can you obtain that -ALL- for the money.
It was difficult to see it back here and then gone with someone else in the drivers seat.
Big-Heavy Sigh.
I have more respect and want NOW for this vehicle than I ever have.
Then again, I am driving a FERRARI........................................... .......red Taurus station wagon ! Uggh.

Always happens when you see your supermodel x (who's pimple and wierd nervous twitch annoyed you to death) sitting with some other dude grinning in his face. That burning feeling ....

[XLR8928]

Originally Posted by dcrasta

Always happens when you see your supermodel x (who's pimple and wierd nervous twitch annoyed you to death) sitting with some other dude grinning in his face. That burning feeling ....

Hence, even though my '80us is faded, tired, and needs lots 'O love..I canna let 'er go.
-K

[Maleficio]

I really miss my 82.

[Pete R]

Some of us are stuck with our cars too. I would love to sell my car but I put too much in it. No one is going to pay $40K for a $5K car. So I keep it and drive it a few times a year.

[lfausty]

you got to figure when one heres needs fuel pump or ran when parked is taken as wont take long to fix, meaning one thinks itll be registered and inspected in legal time. dont need to pawn self off for a ride and i can get to work everyday on time.

got your own car - friends and family are still giving you rides - the date passes not fixed and it gets old with everyone carting you around, before you completely loose your job..., have it in a bigger dismantled state , u run for the ford escort, misspelled ferrari.


when its the only vehicle you have to drive and its not going to . recoup money easy, its paper route money to buy one, its still running barely or rigged to show it will and the next dreamer comes along and on on resell and resell and resell for the same ill get this running with a fuel pump, then its sold as a non runner for half that. and the parters take over trying to get million dollars for a broken, old, needing rebuild parts.... the cars sitting pawned off on not there yard hounded to get rid of it. and need to get rid of . if you cant work on in that time/schedule sure dont have that same time to part it.

vomit ....so here we are the junkyard dogs at the salvage yard waiting for the pcar to come rolling in, to ask why do people buy stuff they cant afford.

[curtisr]

Originally Posted by Maleficio

I really miss my 82.

Mine is for sale: $4900.

Known issues:

A/C works but doesn't work. My mechanic says $300 and all shall be well.
Odometer quit at 234k kilometres. Speedometer sometimes quits. Gas guage sometimes wonky.
Small crack in windshield but out of normal viewing area so passed Safety.
One of the seat switches gave up the ghost (up and down, passenger side)

Otherwise, a wonderful car.

Why selling? I'm too tall for it and could use the $$$ for child-support. I'm not kidding.

Roger

[Fixer]

Awesome conversation,

It just brings me back to the collectability aspect of the 928. It was just listed in Hemming S & E as one of 15 great Euro V8 values out there. Company included Alfa Montreal, Dino 308 GT4, Maserati Bora, Morgan Plus 8
The Porsche was regarded as the best value if a good one was found.

Restoration costs are a factor in present values of collectible cars. Pre '74 911s have to go for big coin because they have to be restored.

From what i have read the 928 sales compared to 911 was for a while about 1:2, and towards the production end 1:4 of 911 sales. We shall see if the 928 ever gets the respect it deserves, as Porsche offers more and more front engined V8 automobiles maybe the 928 will gain some clout and be less reviled by the air cooled only set.

You know early 996 generation 911s have a really lousy resale, you can pick up a 98- 2001 911 for under $20K. They are a lot of fun too, so its not just 928s. I think 914s suffer the most and that is a fun little car to drive.

[Jadz928]

Originally Posted by The Fixer

Awesome conversation,

It just brings me back to the collectability aspect of the 928. It was just listed in Hemming S & E as one of 15 great Euro V8 values out there. Company included Alfa Montreal, Dino 308 GT4, Maserati Bora, Morgan Plus 8
The Porsche was regarded as the best value if a good one was found.

Restoration costs are a factor in present values of collectible cars. Pre '74 911s have to go for big coin because they have to be restored.

From what i have read the 928 sales compared to 911 was for a while about 1:2, and towards the production end 1:4 of 911 sales. We shall see if the 928 ever gets the respect it deserves, as Porsche offers more and more front engined V8 automobiles maybe the 928 will gain some clout and be less reviled by the air cooled only set.

You know early 996 generation 911s have a really lousy resale, you can pick up a 98- 2001 911 for under $20K. They are a lot of fun too, so its not just 928s. I think 914s suffer the most and that is a fun little car to drive.

I like your attitude! Look more closely at the 914. It is seeing big growth across the board, in particular the 914/6 (obviously) and mid-marque 1.8L (w/early body) are gaining appreciation and value.

FWIW, here an article I wrote for Hagerty. Its worth noting the valuation aspects of the articlee were added by Hagerty.
Hagerty's Buyers Guide: Porsche 928

[Fixer]

I like 914s a lot more lately, I wish i had the extra space. They auction (if not modified) for $15000 all the time, craiglist :$7500 for the same car.
It's hard to find nice ones, they all seem to be cut up and modified badly.

[Jadz928]

Originally Posted by The Fixer

I like 914s a lot more lately, I wish i had the extra space. They auction (if not modified) for $15000 all the time, craiglist :$7500 for the same car.
It's hard to find nice ones, they all seem to be cut up and modified badly.

Similar attrition is happening to the 928. Not far behind the 914.

[Fixer]

My First Design job while still in school was for Brueton Industries out of NY,NY.
The Head of Design/Fabrication was a great guy by the name Wade Beam.
I remember him talking to me of his dream car, the 928.
He said to his eyes it was the most beautiful car ever made.
At the time i was only interested in 911s.
He left Brueton (high end modern furniture) and moved to Chicago i think.
At the time (1992) i commuted every day from Philly to NY in my '72 2002.
I really could have used a 928 for that commute. Would have hated putting those kind of miles on one though.

[Danglerb]

The people who you couldn't pry a 928 away from were the ones with big commutes, nothing eats up the miles like a 928 with very little strain on the driver.

[curt_924]

I think one of the problems is that the car is built so well. 914's and 911's from the pre-galvanization era all rusted to a holy hulk faster than you could say "I paid off my car loan!" This rusting meant that the cars achieved scarcity fast. 928's have great rust protection and hold up well enough.. that alot of ratty examples are out there.. ratty enough to keep but not crush.. that the market is saturated with examples of subpar quality.

I looked at mercedes sl450 examples of 79 descent. Same story there. High prices for models with single and double digit miles on them but overall comparable to 928 pricing. It's that late 70's euro GT that isn't quntessential enough...

As long as non-porsche buyers are leasing the Panamera and then abandon it for a Lexus once the lease is up.. I don't see the front engine Panamera gaining a rabid following like the 911. Thus I'm not holding my breath for the 928 to be a "collectible" anytime soon. It's sad IMHO that any 911 of given year and condition to my 928 is at least twice the value, when the 928 is such a better car.

[Fixer]

At this time the Sports Car Club of America states that the real collectibles right now are 1973 and earlier models of a given marquee because of the sweeping DOT changes to bumpers etc..

Mid 80s 911s aren't going for that much these days maybe $12-$22K even at high end auctions. Turbos with low miles may hit in the $40s

Steve McQueen's 911S as seen in Lemans auctioned for 1.4 million dollars about 6 months ago. Pre '73 911s go for 40 - 70K (not just Ss, Ts and Es) and up all the time at auction. Again because of the cost of restoration otherwise they would not change hands.

Decent 914s auction in the $15000 range at auction and some early 928s do as well. There are just a lot of rats out there as you said.

[Landseer]

Beware the Mercedes SL sports car.

Front suspension mount rust at frame attachment points.

Dangerous as it can be.

[lfausty]

914 crack right in half. lift a front or back it V's - V=wheels up middle down , lift from middle reverse ^ ... nothing left even for fred flinstone. lol.
nice ones are nice agree, quit a resto if not.

had a 81 slc street roadster 380 not 500 racer mb replace reweldable bracket there , recall for rust out. theres a 40k car ex con 12-15K couldnt get 800 w bodywork needed, w/ exc bulletproof eng,trans if you tried. Heard there was a guy who found dozen frames building slc roadster to bring em back drive price to 25k within ten yrs... 1500 made usa so rare mb, hey theres one model less underpowered. recalled single chain timing too for a double chain fix. hlight brackets rust ,refabbing stuff. its the drainage/neglected destroys eng bay blower motor pan, behind gas pedal, back window, trunk batt pan, rockers.. all preventable like weather doesnt take a toll enough add neglect.

oops to pcar forum, but the usual any resto passionate about what you choose cause its long/$ resto time, another point to why cant afford is...

value of a car/truck is dictated by gas price v8 15mpg the panic and ditching , i got no money for the gas tank .

ill add.... P-o-lice. that excitement that the pcar runs when first bought to doing nothing to it and go screwing around/drunk/high fast and furious. Busted. Gotta give it up. Hey many done it, lessons learned but most start with a ...ford escort, many many decades til a exotic. why cant afford, that could be said what a waste of a car when a 90yrs old is driving a po/lambo/ferrari, man what i could do with that car. parked and tarped whaaaat!

[Danglerb]

914 is an amazing little car, but a lot more practical for a kid to own. They rust like all the older cars, and not just from water, battery boxes all rust out, no AC, weird heat, and a LOT more VW than Porsche.

I'm kinda spoiled, I want power, AC, comfort, nice stereo, and more power.

[mikeesik]

Just talking/writing out loud. The 914 was the first P.car I ever wanted. Neighbor had one.
I then moved onto a Fiat X/19-Thought that the P.car was in another dimension for me to obtain.
I was 16 or 17

[924CarreraGTP]

Originally Posted by Landseer

Beware the Mercedes SL sports car.

Front suspension mount rust at frame attachment points.

Dangerous as it can be.

This is so true. The front ends can actually fall out of these cars and cause you to snuff it. I've spent weeks working on Mercedes 450SL's and after all is said and done the owner still had a worn out turd. You could spend $1,000 on a decent 450SL and still have a badly worn out car. Some 928s are like that, but most of the time $1,000 will at least get them running and driving. They aren't prone to rust at all.
914's are usually rusted in the battery box area, behind the seats or the whole floor boards, and the very front and extreme rear trunk areas. This makes a good one extremely hard to find.
911's are usually rusted in the front spare tire/battery box area, the bottom of the doors, floor boards, and of course the dreaded rear seat/shock absorber area. This is why when you go buy an old 911 you crawl under every inch of it and beat around to check for rust. Fixing the rear suspension area is $$$$, and more $$$$.
These are just more reasons why the 928 is a superior car.