1994 Porsche 928GTS

Another week, another Porsche 928GTS at GCFSB. Seems that way, doesn’t it? However, this 928GTS for sale outside of Philadelphia is one of those rare ones with the 5-speed manual gearbox, sure to get the minds racing of those transaxle fans out there. With under 40,000 miles, this is one for the serious Porsche collector, and the price certainly reflects the recent rise in visibility of these final 928s as a significant part of Porsche history.

CLICK FOR DETAILS: 1994 Porsche 928GTS on eBay

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Year: 1994
Model: 928GTS
Engine: 5.4 liter V8
Transmission: 5-speed manual
Mileage: 36,551 mi
Price: $124,995 Buy It Now

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CLEAN CARFAX 36K MILES POWER ROOF, CD PLAYER, POWER SEATS, CRUISE CONTROL. You are looking at a beautiful 928 GTS with an incredibly low 36,599 miles. This car is a piece of Porsche history and features a manual transmisson, Power Roof, Rear Wiper, CD Player, Air Conditioning, Cruise Control, Power Seats with Driver Memory, Rear Wing, 17″ Wheels and much more. This vehicle is being sold As-Is. Porsche of the Main Line was given the award as the top Premier dealer in the U.S. An award given to the dealer who exhibits uncompromised excellence in every phase of business. A title distinguishing us as the best of the best.Please feel free to call or e-mail with any questions or comments

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Andy from flüssig magazine tipped me off to this car. If I had more time on my hands, I might have scoped it out, as it resides near my hometown of Philadelphia. He filled me in on some details. This was originally a Florida car, being sold to someone in Gloucester, Virginia in 1995, where the car remained for 20 years. It was serviced by Autohaus Yorktown and Checkered Flag Porsche. It has one previous owner in the Philadelphia area.

Now, down to the car itself. There are a few issues with this car, notably the aftermarket stereo and stretching in the leather upholstery. There’s also some rusty bolts under the hood. It would be wise for the prospective buyer to request some photos of the undercarriage to examine the condition there, as well. There’s a finite supply when it comes to the 928GTS, even more so for those cars with three pedals. Is it worth almost $125k? That remains to be seen. The days of the $30,000 to $40,000 GTS threshold are over, except, perhaps, for cars with extreme mileage or in dilapidated condition. It was only a matter of time before the market caught up with this part of Porsche history. I’ll just sit here and look longingly, knowing this is one more car out of my reach.

-Paul

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9 Comments

  1. I know that I may be missing the point here a bit, but for that kind of money you could have yourself a brand new 911 GTS. I just do not think the 928 is enough of an icon to justify that price. If the new flavors of 911 are not for you there are numerous air cooled cars at this price as well. My opinion anyway.

  2. Hmmmmm is it me / my viewing device…the black paint does not seem glossy at all. It’s almost appears to be a poor re-spray. In two of my devices the black finish looks like a matte finish.

    I am big fan of the GTS 5spds only. In 2014 I sold my 928GTS 5spd.

    I am beginning to look again for a 928GTS 5spd only.

    I sure hope this is not the new norm ($124k+). I know of greater ( with noted greater history ) 928GTS 5spds that have exchange hands for less.

    Then again some premium cars are usually sold between friends and acquaintance.

  3. Rusty,

    The type of people looking for a nice 928 GTS don’t necessarily want an air cooled 911, and therefore they aren’t really substitutes. Also, the supply of nice air cooled 911’s far surpasses the supply of 928 GTS’s in comparable condition (demand therefore doesn’t have to be as great to cause price increases).

  4. Thank you for the insight, and I agree with you totally except for the price. For me personally I do not consider the car to be iconic, and I am an 80’s German car fan. Perhaps if you were of the car buying age in the 80’s-90’s these cars are pretty special, but I do not think the design has appeal to today’s generation like some of the other cars featured on the site. For example, one need not have been born in the 1930’s to think that a mercedes 300sl is amazing. I do not want to hurt any feelings here, but am I the only one that thinks $125k for a car like this is insane?

  5. Your opinion is valid. However, the 928 was quite an iconic car in the ’80’s and ’90’s. Arguably better than all embodiments of the 911 at the time from an engineering standpoint and with more timeless styling (not everyone’s opinion, though).

    Mint GTS 5-speeds have been selling for >$100K for a few years now, so I don’t think the price is totally out of line, but it is certainly at the top of the market.

  6. For that money it needs to be perfect and all original.

  7. The same dealer, Porsche of the Main Line, has a nice 2000 M5 with mileage in the upper 40ks for $28k. Much more reasonable than this car, unusual Imola Red/Black car no less, although with the ugly heritage wood trim.

  8. Drove one once and it was very similar to a worn out and rattly Camaro.

  9. came across a Zermatt Silver GTS a 93 w/46k on the odo for a 69k ask…BUT it was an auto…
    so I can see the ding for that….
    these are great driving cars….built for highway bombing….but for my personal taste I can think of other rides for almost 200k

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