If you’re interested in how the 928 market has changed over the last few years this example might offer some useful insight. But let’s get to that later.
This is a Horizon Blue Metallic 1993 Porsche 928 GTS, located in Florida, with Blue Topaz leather interior, the automatic transmission, and 56,995 miles on it. This is a very attractive shade of light blue that shows well on the 928 and certainly stands apart from the many silver and black examples we’ve seen. The interior makes the car a little monochrome overall, but it’s a bright blue that stands out even more than the exterior. I’m not sure I’d consider this the ideal color combination, but it certainly is an interesting one. In a sea of uninteresting cars, this 928 definitely will attract notice. It also looks to be in really nice shape. And, of course, it’s a GTS!
CLICK FOR DETAILS: 1993 Porsche 928 GTS on eBay
Year: 1993
Model: 928 GTS
Engine: 5.4 liter V8
Transmission: 4-speed automatic
Mileage: 56,995 mi
Price: Reserve Auction
1993 Porsche 928 GTS! Rare Color Combo! Low Miles!
This 1993 Porsche 928 GTS Comes In Horizon Blue Over Blue Topaz Leather Interior!! Rarely Seen In This Color Combo. Garage Kept Its Entire Life. Absolutley Superb Condition. Comes With Manuals, Lots Of Service Records, Books Keys. Excellent Collection Piece. 57K Pampered Miles.•Clean Carfax & Autocheck
This Porsche 928 GTS Has Been Meticulously Cared For. One Of The Nicest 928’s On The Market. Please feel free to contact our Sales Dept. with any questions you may have at
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So let’s get to what I mentioned above about the changes in the 928 market. At the end of May 2013 we featured this fairly similar 928 GTS. In a lot of ways it is a nearly identical car to this one, but there is one substantial difference: it was a 5-speed manual. It also was equipped with sport seats and was claimed to be the only one of its kind to possess the entire combination of these items and this color. Obviously, it was a pretty rare and desirable 928. The asking price: $42,500. I have no idea if it sold for that price, but I am quite confident that whoever bought it is very happy with its current value since I imagine it’s likely valued around six figures at this point.
This one, which lacks the manual transmission, won’t reach six figures, but bidding already is above the asking price of that manual. You’re still getting the same very attractive and rare color combination and the condition of this one does look quite good. I could do without the stripes vacuumed into the carpet, but whatever a lot of dealers do that and they’ll disappear over time. The main point is everything looks good. It’s said to come with records, though probably not a full history, and like with any 928 you will want to make sure its servicing has been kept up to date. But it looks great and should be great fun.
I don’t expect that over the next five years we’ll see similar changes in value so the buyer of this one won’t be as fortunate as the buyer of a manual GTS in 2013. But given the colors and that the mileage remains quite reasonable it should at least hold its value well.
-Rob
I don’t totally get why the GTS is worth 3 times more than an S4, but then again I don’t really understand Porsche values in general. Beautiful car nonetheless.
Ricky:
I owned a GTS 5-speed that I sold last month. My friend has an S4 which I have driven several times and can say the differences in performance in no way justify the difference in value. I do happen to like the wider rear end of the GTS but that is a subjective thing. So in my opinion the GTS vs S4 price disparity is fueled almost entirely by rarity. from what I have read only 150 some odd cars were imported into North America in 1993.
The “stripes” vacuumed into the carpet are from a hot water extractor. A very common car detailing tool.
The price is determined by the rarity and collectibility. The GTS model is the last 928, and across all three model years they are just as rare as 964 3.6 turbos (which were only built for one year of production). There are 223 fewer 928 GTSs in North America than there are 1989 930s. Just as ‘89 930s and 964 3.6s attract premia over other 930s and 3.3 964 Turbos, it should be no surprise that 928 GTSs are more valuable than their earlier counterparts.