Oilslick964

I have not bought a 928 in several years and I have no idea what the market is doing on these cars. I checked ebay and the sale web sites and it looks like prices are all over the board, so I though I would throw it on here and see what the real experts think.

I wasn't really looking for a 928, but I went over to look at (not buy) a friends 993 twin turbo and saw this little jewel sitting over there. I showed some interest and he said he would be willing to sell it, as he has several other Pcars and could stand to get rid of one.

The car is a 1990 928GT 5 speed with 78k miles, black on black and in excellent overall shape. Sport seats and D90 wheels. I have known this guy for 15 years and we have bought, sold and traded cars many times before, so what he tells me, I believe to be true.

Everything works perfectly on the car with the exception of the A/C. It does not blow cold and it is something more than just adding refrigerant. I am going to assume I will be buying a new compressor and condensor but that is just a guess.

He has all books and records since new and it is up to date on all service work, and just had the t-belt replaced as a precaution. The old one only had 5k miles on it but it was 4 years old. Needs nothing aside from A/C work.

I think we were both trying to be cool about the deal (him acting like he didn't care whether he sold it and me pretending I didn't care if I bought it) so neither of us mentioned a number. We will eventually get to the numbers part, but the truth is, I don't know what is a good number to use as a jumping off point. Any help?

Randy V

Breaking your post into paragraphs would make it much easier for us to read.

Oilslick964

Sorry. There we go.

Landseer

Original, never been hit, not tracked, start in the high teens.
Belt replaced only? Naww, gotta go back in and take inventory.
MM's collapsed? (they always are, unless replaced recently --- on a lift, little finger should fit through the "hooks" between upper and lower MM.
Get a 928 freak to look at it. Only such a person will know.


Paint work? Mid, if at all.



One guy, Marine Blue, had a low miles garage queen pampered show car that he sold in the low 30's recently I think. New buyer wanted to sell soon after for other reasons, knowing he would loose significantly.

danglerb

I feel comfortable with you offering anything between $20k and $25k, but if it was me buying it I would be having the best 928 mechanic go over it to put a firm number on the cost of fixing the AC, and doing a complete PPI.

When the T belt was replaced, what exactly was inspected and replaced and who did it? Seems odd to me a 5k mile 4 year old T belt would be replaced without some reason, its wasn't due for replacement by any schedule I've heard of.

Randy V

re. the AC system - unless it has already been converted, that 1990 GT will have an R12 system that will need to be converted to R134a.

Landseer

Yep. But probably won't need a compressor.
Outside of Calif, you can probably refill with R12, also, but I'd recommend conversion too.

New O-rings, flush, Ester Oil, R134 fittings, evac and fill. Rear AC repair is the more difficult part, getting to the orings, they say. But can be done sub 1500. DIY at less than 300, including evac and fill by a local shop.

Ispeed

Low of $15K to $20k. It really just depends on how fanatical the maintenance has been and how nice the cosmetics are: paint, leather, carpets, etc.

karl ruiter

I don't think 928 prices have really changed much in the last 5 to 10 years, for similar condition cars. A few years ago a S4 would start at $12 and they all had 60 to 80k miles on them and were in pretty good shape. Now, we are seeing more rough, and higher mileage cars, and you will see S4s for as little as $4k. But for a nice lower mileage car it is still the same price. It is not quite at the point yet where the low mile, good condition cars are scarce enough for the prices to really start to climb, but I think it is getting close. The exception would be the ultra-low mile 'time capsule'. These are starting to appreciate quite a bit I think.

Oilslick964

Funny you should mention the mounts. They feel fine but they are due to be changed. They are not collapsed but I will assume I will need to do them within a year or so.
The belt was done when my friend took the car to Tom Charlesworth after he bought it. Tom said it did not need anything but if he wanted to be really safe, he could do the belt. I think he just had him do it because Tom had gone over the car and was unable to come up with any work to do on it, so he threw him a bone. And, you really can't be too safe.
No wrecks or paintwork at all. Very thick book full of records.

Landseer

Well, then the car is sliding up out of the teens.

But its a 928. Layers of fun. Best get a 928 freak guy to look at it. 911 guys don't count.

There is one in every corner of the country.

Mounts can be collapsed and oil pan not be on crossmember / its not a feel thing.

TB only means the last time it was done that rollers and maybe WP were changed and gears were inspected. Not being combative here, just have learned that no-nonsense position has to be taken on these from experience.

nc_growler

For cross reference, paid $21K for a '91 GT with 69K miles about 15 months ago. Car came with a replacement front spoiler in the box and a set of workshop fender covers. AC had already been converted. Car has paint to match rear spoiler (not factory original) and has original D90 wheels. RMB had been installed and muffler came with the car.

PPI was done by a 911 guy. Missed a few things. Got a lot of things.

Even still, I felt like a got a fair deal. PO had done the following work before immediately before I purchased:

• Starter
• Alternator
• Rebuilt tensioner
• Timing belt
• Water pump
• Refurbed injectors
• Powder coated cam covers
• Powder coated intake
• Replaced sparkplugs and rotors/caps
• Replaced motor mounts
• Changed oil pan gasket
• Replaced O2 sensors
• All new carpet interior
• Recovered Rob Bud leather Pod

Since then (last year):

• Replaced all 4 shocks
• Adjusted ride height (was > 45mm low!)
• Replaced fuel pump
• Replaced fuel filter
• Replaced all fuel lines
• Replaced new water pump (failed 1K miles after purchase)
• Replaced replacement water pump that failed immediately
• Replaced heater valve

Loving the car!

Randy V

When it come to price negotiations, the first one to mention a price 'loses'.

Try to get him to name a price before you make an offer.

Then do a third-party PPI as leverage for a price reduction.