CAR AUCTIONS

foibles

Member
Messages
511
gobsmacking what this final edition reached :eek:, thought they peaked when at 60/70k not that long ago


Aren't the auction houses in a sweet spot right now! Record hammer prices, exceptionally high clearance rates.... They're drowning in money at present!

The auction house probably made 30k on that Lancia alone.
 

breezer

Member
Messages
229
Yea. The fees for traditional auctions are ******* disgusting. What other industry allows middlemen to make that much margin on third party asset sales - particularly when they often don’t add any real value.

Aren't the auction houses in a sweet spot right now! Record hammer prices, exceptionally high clearance rates.... They're drowning in money at present!

The auction house probably made 30k on that Lancia alone.
 

StuartW

Member
Messages
9,311
Loved my integrale but no way in the world are they worth that much!

Agreed. I had an Evo I and the extra features of this one over the regular Evos were purely cosmetic and in fact they added cats & lost the intercooler water spray so it could be argued that they weren't as much fun.

However, good to see that a great car is revered by so many
 

cheburator

Member
Messages
142
Speaking of 928s, we’ve got this manual low mileage one coming through soon: https://www.tradeclassics.com/auctions/porsche/1990-porsche-928/

Not teaching you to suck eggs and all that, but there is no such thing as a 1990 Porsche 928 Manual. It was either 928 S4 which was always Auto, or 928 GT which was always manual. A GT with 74k miles is very, very rare... If the owner has the Design 90 16" original wheels put away, it would also help the value - at that mileage, it can be considered suitable for a collection if the paperwork stacks up in terms of service history.
 

GeoffCapes

Member
Messages
14,000
Until I bought my GTS a 928 S4 was the fastest I had ever been in a car.

My friends uncle took us for a spin in his. 169mph on the speedo. I was one mightily impressed 17 year old at the time.
Lovely cars!
I kind of think the 4200/GS/GT are the successors to the 928 as there were no other big engined 4 seat coupes to compare it to.
 

Guy

Member
Messages
2,098
Not teaching you to suck eggs and all that, but there is no such thing as a 1990 Porsche 928 Manual. It was either 928 S4 which was always Auto, or 928 GT which was always manual. A GT with 74k miles is very, very rare... If the owner has the Design 90 16" original wheels put away, it would also help the value - at that mileage, it can be considered suitable for a collection if the paperwork stacks up in terms of service history.
I owned a 928 S4 Manual (not a GT) with the dog leg 5 speed box. It was a 1990 car.
 

Guy

Member
Messages
2,098
Aren't the auction houses in a sweet spot right now! Record hammer prices, exceptionally high clearance rates.... They're drowning in money at present!

The auction house probably made 30k on that Lancia alone.
I wonder if it is coming to an end. The Historics Auction at Ascot last week left many unsold and a lot did not make expected values.
 

cheburator

Member
Messages
142
I owned a 928 S4 Manual (not a GT) with the dog leg 5 speed box. It was a 1990 car.
Registered in 1990 is different from a 1990 Model Year. I own a 1989 S4 Manual, which was the only model year when you could have a 928 S4 Auto, 928 S4 Manual - 2.64 final drive and 928 GT (also Manual) but with a different final drive 2.73, more powerful engine and a lighter aircon compressor, and sports suspension as standard. The GT also had a shorter throw gear lever. It happens that I own a 1990 GT too :) My 1989 S4 Manual was manufactured in Nov 1988. My 1990 GT was manufactured in Dec 1989. Porsche's Model Years run Sep to Sep. Thus a 1990 Model Year car could have been made between Sep 1989 and Aug 1990. My GT3 is a Dec 99 car, but on it's CoC shows as year 2000... To add more confusion, Porsches weren't exactly flying out of the door at the time. It wasn't unusual to have cars like yours being registered late. There are some supposedly 1992 and 1993 S4/GT cars out there. Porsche officially discontinued the 928 S4/GT for the 1992 Model Year with the introduction of the 928 GTS.

Going back to Maseratis - the 928 GT is the equivalent of the GranTurismo Stradale in the 928 line up thus it should command a decent premium over standard S4 Autos and Manuals...

And yes, the GranTurismo is the true successor to the 928... Shame that Porsche never continued with it, but chose to turn the 911 into a 928...
 
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Guy

Member
Messages
2,098
Registered in 1990 is different from a 1990 Model Year. I own a 1989 S4 Manual, which was the only model year when you could have a 928 S4 Auto, 928 S4 Manual - 2.64 final drive and 928 GT (also Manual) but with a different final drive 2.73, more powerful engine and a lighter aircon compressor, and sports suspension as standard. The GT also had a shorter throw gear lever. It happens that I own a 1990 GT too :) My 1989 S4 Manual was manufactured in Nov 1988. My 1990 GT was manufactured in Dec 1989. Porsche's Model Years run Sep to Sep. Thus a 1990 Model Year car could have been made between Sep 1989 and Aug 1990. My GT3 is a Dec 99 car, but on it's CoC shows as year 2000... To add more confusion, Porsches weren't exactly flying out of the door at the time. It wasn't unusual to have cars like yours being registered late. There are some supposedly 1992 and 1993 S4/GT cars out there. Porsche officially discontinued the 928 S4/GT for the 1992 Model Year with the introduction of the 928 GTS.

Going back to Maseratis - the 928 GT is the equivalent of the GranTurismo Stradale in the 928 line up thus it should command a decent premium over standard S4 Autos and Manuals...

And yes, the GranTurismo is the true successor to the 928... Shame that Porsche never continued with it, but chose to turn the 911 into a 928...
I stand corrected, I read your post as all S4s were auto and GTs manual. I also had an S2 and a GTS but if I could have one again (apart from the rare SE) it would be a GT. The GTS motor felt more like a Merc V8 whereas I thin the GT was sportier. I also loved the subtle wider forged alloys on the GT. Lighter and stronger than the cast offerings on the GTS.
 

Nayf

Member
Messages
2,746
I stand corrected, I read your post as all S4s were auto and GTs manual. I also had an S2 and a GTS but if I could have one again (apart from the rare SE) it would be a GT. The GTS motor felt more like a Merc V8 whereas I thin the GT was sportier. I also loved the subtle wider forged alloys on the GT. Lighter and stronger than the cast offerings on the GTS.
There's a white GT just down the road from me if you want me to have a butcher's?
 

Guy

Member
Messages
2,098
There's a white GT just down the road from me if you want me to have a butcher's?
nice thought but I think I have bought enough cars during the past 18 months (8) and forgiveness only goes so far. My manual S4 was white, with a caramel covered rear bumper from exhaust emissions!
 

Oneball

Member
Messages
11,106
That’s a huge amount of money for a 100k mile Porsche that looks like it’s sat in a barn for 10 years.
 

cheburator

Member
Messages
142
93k miles is nothing for the 928 - there are plenty of cars in Germany and the US with well over 300k on the clock on their original un-opened engines. The 5.0 32v litre lump, while very advanced for its time - the heads came off the 962 race car, individual knock control for each cylinder, alusil block, variable length itake runners etc. isn't particularly stressed at 65bhp/ltr. Thus, provided the basic service intervals have been followed, the car will easily do another 100k without breaking sweat. My only real concern at that mileage would be the Boge Sport shocks, which will certainly be past their best. £1000 to replace all four corners, including labour. Running costs are very reasonable in comparison to a Maserati with comparable performance. Add rarity - the 1989 GT is one of the rarest with 44 cars in RHD format - and it's harder to argue against the price tag from a dealer, which would also offer some protection...