SOT - Why are 928's so cheep? |
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SOT - Why are 928's so cheep? |
rock914 |
Feb 28 2009, 04:30 PM
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#1
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rock914 Group: Members Posts: 36 Joined: 28-October 08 From: Hoopeston Ill Member No.: 9,695 Region Association: None |
I see alot of Porsche 928's on Craigslist for $5,000-$10,000. Why so cheep ? They are great looking cars and V8 powerd. I have always thought that the 928 was one of the coolest looking Porsches ever made. Is there a reason?
Also, any 914 guys in central Illinois? Thanks Bob |
-JR- |
Mar 5 2009, 01:12 AM
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#2
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Life goes faster at 150MPH Group: Members Posts: 276 Joined: 12-May 04 From: Victoria BC Canada Member No.: 2,055 |
I guess I have to get in on this, since I'm also a 28 owner.
I've got a 78 and done quite a bit of work to it. A lot of people say that the 928 is so cheap because they are expensive to repair, they have vacuum leaks etc... I think they are partially correct. But the same can be said of the 911's too. The 928's downfall is the same reason that the 924 and 944's are also cheap. They use water cooled power plants. These were the first commercially available water cooled cars that Porsche made. So for a auto manufacturer who built their name on air cooled cars, to then come out with a water cooled one... We'll they were doomed from the beginning. Not until the 911 became water cooled did things change. Another good example of market reluctance is the Cayenne. Again Porsche who made it's name with sports cars, now coming out with a SUV based on a VW chassis. The sales of these have been very bad for Porsche ever since it was introduced. I'll bet that in not too much time, their prices will crash too. Maybe not as hard though. On the 928 side of things... Mine is quite old now (78 first year) and it suffered from old rubber vacuum lines, old rubber body seals and other things generally getting old. After I take care of the basic maintenance items, I spend an average $500/year in repairs and upkeeps. I drive it on weekends and auto-X it too, so it's not like it lives in the garage either. |
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