I've decided to be stupid again..Porsche Content.

racinginc215 wrote: and to me immature about it. you pick Ant Eater Land Shark

I'm at a standstill here.... I simply cannot decide.

In reply to 93celicaGT2:

Lights up? BMW. Lights down? Tie.

Seriously wish I could pick up that 850Ci that's out here for $4k but I imagine there's 4x that much needed to get it really tip top.

I think I would go with a 928 if I had to choose between the two, the back end is just so sexy with a spoiler on it.

pres589 wrote: In reply to 93celicaGT2: Lights up? BMW. Lights down? Tie. Seriously wish I could pick up that 850Ci that's out here for $4k but I imagine there's 4x that much needed to get it really tip top.

Tip top to me would be to remove everything electric not needed to make the motor run, some racing seats, minimal interior, probably two megasquirts, and two snails.

Add hoon and stir vigorously.

In reply to 93celicaGT2:

That would probably make it easier to keep on the road but really remove a lot of purpose; it's a big GT car. It's a cute idea but count me out.

pres589 wrote: In reply to 93celicaGT2: That would probably make it easier to keep on the road but really remove a lot of purpose; it's a big GT car. It's a cute idea but count me out.

Yeah, you're probably right... i view these much the same as i do old Range Rover Classics. Focus on them just running well, and screw the rest, and they become affordable.

Calling my idea affordable may still be a stretch, but i imagine it would save me thousands of dollars in the long run.

I have made my decision though. I'd rather an 850ci than a 928GTS.

pres589 wrote: I think part of the problem here was that the people that use this forum mostly do not have anywhere near $80k to spend on a car, and the idea of burning even half that on what sounds like a play thing goes against the grain.

I don't know, it's not just a plaything when it holds its value, or at this point appreciates. There's a big difference between being able to afford a new 80k car that will be worth 20 in 5 years, and affording a collectible 80k car that might be worth $100k or more in 5 years. When I'm an old guy and everyone else my age is fretting over their 401k balance, I might as well stash my retirement plan in the garage. A friend of mine's father in law, a lawyer, started doing just that about 15 years ago. He has a Gullwing Benz, several vintage Corvettes and Porsches, and other desirable American iron, about a dozen cars hiding in a detached garage behind a modest suburban house. I'm sure he's doing much better right now than his colleagues who just left their money in the market over the last few years. And they can't drive their mutual fund statements up the PCH on a beautiful day.

I haven't heard of insuring stock options in case they crash, either.

MitchellC wrote: I haven't heard of insuring stock options in case they crash, either.

I'm not sure if you're agreeing with me or not . But anyhow, an $80k collectible old car's true cost of ownership is usually a LOT less than the brand new Civic Si/WRX/GTi/MS3 that every kid just out of college can supposedly afford. He'll pay a pittance to insure it (as a collector car), and a little bit for maintenance, but not a ton if he's only driving it a few thousand miles a year. The depreciation alone on anything new will blow that out of the water.

I found this thread while looking at the statistics for my website (www.928registry.org), a significant number of hits came from this thread last week.

First a little background on the GTS. It was imported to North America for the model years 1993 through 1995. There are actually early/late model 1993s. The ROW got a 1992 model but NA basically got two years of the 1993 and two seperate VINs for each version. The 1993 model was introduced in the US/Canada following production ending on the 1991 928 S4/GT as an early 1993 model. In total, there were exactly 406 928 GTSs imported to NA from 1993 through 1995. Of those 406 GTSs 167 of them were the 5-speed version. Breakdown by model year: early 1993 928 GTS (88 total GTSs) = 46 5-speeds, late 1993 928 GTS (102 total 928 GTSs) = 47 5-speeds, 1994 928 GTSs (139 total 928 GTSs) = 44 5-speed 928 GTSs and in 1995 there were a total of 77 928 GTSs and 30 were 5-speeds.

In recent years, several low mileage (94/95 MY) 5-speeds have sold for more than $100,000. Others have sold for numbers very close to six figures (I have personal experience with one of them - my 1995 928 GTS 5M; I sold it and bought it back.....). Within the past couple days, the dealer selling the car in question here sold the 94 model and the silver 95 model for right at $79k.

To the OP; it is unlikely you'll get the remaining 95 GTS 5M Willhoit has for anywhere near $60k. There are from time to time opportunities to buy GTSs for less when an uninformed seller lists one for under market value as was the case of the CA seller of the GTS you are considering now. I told the seller his car would probably sell to a dealer b/c of his low asking price......

There is always the option to buy a higher mileage car when they come available although those cars are few and far between as well.

1993 models with low miles ususally sell for in your price range and as with any 15-20 year old car, mileage is king and the price drops quickly when you add miles. I have seen 60-70k mile 1993 928 GTSs sell for sub $40k's. Higher mileage GTS 5Ms sell for proportionately less. There is a concern on the part of some regarding the connecting rods in the 1993 and early 1994 (first 15 94 models were built to 93 specs); when under extreme duress they have failed. It is my opinion that unless you're going to track the car it shouldn't be a concern. I had a 93 GTS and never worried about it.

I know my opinion is quite biased but, I've had a 928 of one variety or another for the past 18 years and can tell you that they are rock solid (when taken care of.....) and extremely dependable. Of course as with any used car a PPI is highly recommended by someone who knows what they are looking at and most Porsche dealers are NOT usually your best option....

Best of luck in your search.

Are you still looking? This looks to be a nice one and is 65k.

http://atlanta.craigslist.org/nat/cto/1855944616.html

Cotton wrote: Are you still looking? This looks to be a nice one and is 65k. http://atlanta.craigslist.org/nat/cto/1855944616.html

"I'm open to trades of equal value: Porsche, Ferrari, aircraft, real estate."