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1987 Porsche 928 S4

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Old 04-13-2006, 04:29 PM
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Dan87951
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Default 1987 Porsche 928 S4

Looking at a 87 928 S4 with 170k on the clock. In the last 12k it has had a t-belt, waterpump, radiator, and rebuilt transmission installed. Owner says he even had a PPI done on it already for potential interested buyers. Owner also has the original window sticker, books, records, and tool kit. He said the original owner was a doctor that kept the car garaged. Owner claims the interior is mint with no dash cracks what so ever and with a perfect leather interior. Kinda rare for a car with such high miles to have a perfect interior? The car also has ATP wheels/tires on it and really updates the looks. I guess my main question is should I be concerned with a car with such high miles? Also 928 prices are all over the place, what would you offer this person for a car like this if a PPI checked out?
Old 04-13-2006, 04:45 PM
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hinchcliffe
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Where is it? What kind of price you looking? I assume under $10k wouldn't be that bad a price.
Old 04-13-2006, 04:50 PM
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I would get a PPI myself before taking the car home.
Old 04-13-2006, 05:05 PM
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AO
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If your PPI checks out, I can't imagine paying more that 8k for the car. Just my opinion.
Old 04-13-2006, 05:25 PM
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nhporsche87
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I agree with Andrew, no more than 8, and as far as I can tell, no, 170 is not too bad, a 928 taken care of can go 300 if not more.

Nice avatar.......very nice.
Old 04-13-2006, 06:24 PM
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I paid 11.5 for mine its an 89 with 87K miles on it books records etc. very well taken care of car. last service was september 05 hoses tb, r134a conversion, tires.
he was asking 14.9

work on the guy, he should come down or me thinks i would keep looking YMMV just my .02
Old 04-13-2006, 06:36 PM
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amschnellsten
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I paid around $7500 after tax title everything for my 87. Under 60k 5spd. There are quite a few good examples in this area. look in the midwest (Cincinnati area). I found about 6 in the under 10K mark.
Old 04-13-2006, 06:38 PM
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Originally Posted by amschnellsten
I paid around $7500 after tax title everything for my 87. Under 60k 5spd. There are quite a few good examples in this area. look in the midwest (Cincinnati area). I found about 6 in the under 10K mark.
I paid 8200 for my 87 auto with 120k miles, granted it has ALL paperwork.
Old 04-13-2006, 06:50 PM
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Bill Ball
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Originally Posted by Dan87951
Looking at a 87 928 S4 with 170k on the clock. Owner claims the interior is mint with no dash cracks what so ever and with a perfect leather interior. Kinda rare for a car with such high miles to have a perfect interior?
My 89 with 160K miles has no cracks, rips, wear through or warping. So it happens. The PO garaged it. I garage it and if outside, I use 100% sunblock (928 Specialist's Heatshields), but the car has not been babied otherwise.
Old 04-13-2006, 07:40 PM
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anonymousagain
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WoW, you guys are tough.

He's describing a Mint '87 w/records and all maint up to date; miles are his only question @ 170k. If PPI checks out, 170k shouldn't be concerning - I'm thinking this is a sweet car that should prove to be an excellent purchase more in the $10k+/-... and if kept in similar Mint condition should easily make 300k+.
Old 04-13-2006, 10:32 PM
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Dan87951
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Originally Posted by amschnellsten
I paid around $7500 after tax title everything for my 87. Under 60k 5spd. There are quite a few good examples in this area. look in the midwest (Cincinnati area). I found about 6 in the under 10K mark.
Ill give you exactly what you paid for it now! I think yours is a rare case.. Awesome deal.
Old 04-13-2006, 10:50 PM
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Ispeed
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My '87 5 speed was $7000 with 113K. I have done a lot of preventative and catch up maintenance to it since then...almost done.
Old 04-13-2006, 11:12 PM
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Jerome Craig
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My '87 w/84k miles was $10,500 with all records, books, window sticker and $28k in maintenance receipts. The car was always garaged - until I got it - and was detailed every year. The paint and interior are nearly perfect! I sold my 86.5 - which I owned for 14 years - with 225K miles on it a couple of months ago and the guy who bought it drives it everyday. I know because I see it everyday! High mileage doesn't really mean that much if the car has been well maintained. I had $41k in maintenance receipts!
Old 04-13-2006, 11:29 PM
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Ispeed
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Just because a few of us are bottom feeders doesn't mean that's all an S4 is worth.
Money and time (time is money too) is so easily spent on these cars after purchase...if all maintenance is up to date and then some (enthusiast owned), I wouldn't think that $20K+ is not out of the question for an S4.
Old 04-14-2006, 12:01 AM
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chaadster
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damn, I'm with Andrew here: $8k is the target figure here. With half the miles, I'd put the same car in the $10 - $12k range.

anyway, for all of our sakes, I hope it goes for mega-bucks. The market has held steady the past three years--i.e. they have not lost value-- so I'd like to see 'em creep up. It seems there has been a surge in interest of late...


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