10k Mile 1988 Porsche 928 For Sale

I have never owned a 928 but I have driven a few.  These are fantastic touring cars, outside a BMW 850 I can’t think of a better vehicle on the open highway.  But these were terribly expensive cars in their day and even more expensive to maintain.

This led to many sharks winding up with owners who were not ready for the full 928 experience.

Low Mile 1988 928:

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From the Seller –

“I am helping my father sell his 1988 928 S4. Only 10,478 original miles since new. The paint is perfect – no dents, dings, or scratches. The interior is near perfect except for some slight carpet fading. No cracks, fading, or damage to the vinyl and leather surfaces. Wheels do not have curb rash and the engine compartment is near spotless. Carfax certified. Automatic, no damage history.

While the car is in phenomenal condition, my father is extremely picky about his cars, so he had the following work done to bring it up to his standards:

New timing belt,
New A/C compressor,
New tires,
Complete maintenance check and tune up.

He also purchased an extended warranty for the car that has 32 month Gold coverage service contract with complete coverage from Auto Source. That item alone cost $3100 and is transferable to the new owner. Yes, the remaining time on the warranty is 32 months.

He is asking $34,500 and will consider all reasonable offers.”

Normally I would advise you to run, not walk from this car. A typical 10k 928 would have rotten tires, worn seals, porous gaskets, and lord knows what else. This shark has had a recent service and comes with the balance of a 32 month warranty. That is just unheard of!

On the other hand, what do you do with this? We talk about this all the time, it’s not like you can just start commuting in this car. Every mile driven only detracts from the cache and value of having such a low mile car. This is a garage queen and it always will be. Sure you will score well in your local PCA event but if you are looking for something fun to drive down the coast you best look elsewhere.

I won’t even get in to the slush box transmission. More sharks have automatic trannies than a manual, they are a grand touring car and I am OK with that. If you absolutely have to have a manual you can wait for the next 10k mile example to surface.

See what I did there?

$34.5k is quite a bit for this car, $30k is more reasonable. At that sum you could park it and drive it at your will, which would be not much but that is OK as you would have this beautiful 928 to fuss over for years to come.

~Aaron.

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7 Comments

  1. There isn’t much info in the write up. I want to know if it comes with bulletproof glass and body panels? Machine gun turrets? What about scanners to pick up flying saucers? I’m going to need fog lights in case I’m in the swamp.

  2. I guess I’m not the target buyer. I can’t see sacrificing $30K+ and a precious garage bay to this occasional show queen and eventual money pit.

  3. Great car. Wonderful money pit if not maintained.

  4. Most Porsche-files would not refer to the 928 automatics as “slushboxes” Although prone to TBF(thrust bearing failure), the 928 transmissions are actually very nice. They are derived from the Mercedes S class of those years. Road and Track once wrote that the 928 had the best automatic transmission they had ever tested. Hence the amount of automatic sold.

  5. Erick, I would question that rationale.

    The 928 is really a GT car, similar to the 850 featured yesterday. Automatics tend to be more common in GT’s than in sports cars. Automatics also tend to be preferred by the typical affluent, older buyer of such high-end GT’s.

    The 928 automatic might be quite good, but that may not be what was influencing buyers’ decisions to choose it.

  6. @Erick. +1 on the Benz gearbox. Takes a licking and keeps on ticking.

  7. No love for the Scarface reference. 🙁

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