1992 Porsche 928 GTS

15 Bids
9:00 PM, 17 Sep 2020Vehicle sold
Sold for

£25,000

Background

When the Porsche 928 was first launched in 1978, engineering aficionados swooned, automotive journalists applauded, car designers wept salty tears of pure envy and, of course, 911 fanatics were appalled.

Then, it looked like nothing we’d seen before. Now, it looks like nothing we’ve seen since.

The 928 was, and is, an engineering, design, performance and usability masterclass. It famously won Car of The Year! Arguably, only McLaren has come close to simultaneously delivering such a step change across all four of those tick boxes in the intervening years.

The Porsche 928 GTS was the final word in the 928 line-up of ground-breaking grand tourers, with the mighty 345bhp V8 5.4-litre 32 valve DOHC GTS engine under the bonnet and sublime handling, courtesy of 50:50 weight distribution.

Even today, a 928 GTS is a very fast and powerful car, capable of taking you across continents, time zones and cultures with power in reserve and a great deal of style and panache.

But it is also practical, usable and so well engineered, even by Porsche’s lofty standards, that it’s as comfortable thundering down an Autobahn as it is pootling off to your local garden centre.

Provided of, course, that you can be sure you’re getting an example that’s been really well cared for and where the previous owners have spent all the right money (and lots of it) on the right things at the right times.

Now, as luck would have it…….

  • WP0ZZZ92ZNS800899
  • 89900
  • 5397
  • Auto
  • Blue
  • Grey

Background

When the Porsche 928 was first launched in 1978, engineering aficionados swooned, automotive journalists applauded, car designers wept salty tears of pure envy and, of course, 911 fanatics were appalled.

Then, it looked like nothing we’d seen before. Now, it looks like nothing we’ve seen since.

The 928 was, and is, an engineering, design, performance and usability masterclass. It famously won Car of The Year! Arguably, only McLaren has come close to simultaneously delivering such a step change across all four of those tick boxes in the intervening years.

The Porsche 928 GTS was the final word in the 928 line-up of ground-breaking grand tourers, with the mighty 345bhp V8 5.4-litre 32 valve DOHC GTS engine under the bonnet and sublime handling, courtesy of 50:50 weight distribution.

Even today, a 928 GTS is a very fast and powerful car, capable of taking you across continents, time zones and cultures with power in reserve and a great deal of style and panache.

But it is also practical, usable and so well engineered, even by Porsche’s lofty standards, that it’s as comfortable thundering down an Autobahn as it is pootling off to your local garden centre.

Provided of, course, that you can be sure you’re getting an example that’s been really well cared for and where the previous owners have spent all the right money (and lots of it) on the right things at the right times.

Now, as luck would have it…….

Video

Overview

Coming in a particularly strong colour combination of Cobalt Blue with off-white leather seats, this car is in very good condition inside, outside and underneath. It drives well, pulls strongly and is impressively quick.

While many parts have been replaced or refurbished, nothing is modified, or altered or otherwise ‘not right’.

It has covered only few hundred miles in the last 3 or so years but it has had significant money spent on parts and maintenance during that time and, while it’s ready for a service (based on time rather than mileage), it is on the button, ready to go.

The vendor tells us that the reason for the low mileage over the last few years is that the previous owner (a fastidious Civil Engineer) had two 928 GTSs (this one and a red one) and divided his time between the two of them and a few other cars in his possession. Ah, yes, the old Too Many Cars, Not Enough Time problem.

But it was his predecessor, a gentleman from Scotland, who put in the really hard yards, and the history testifies that he has thoroughly emptied his pockets so you don’t have to – more of that later.

Virtually everything that needed doing to it – including some big ticket items – appears to have been done within the last 5 or 6 years.

Importantly, and this will be very welcome news to anyone who knows their way around a 928, all the electrics – including the seats – work just as the Meister Elektrikers of Stuttgart intended. That’s unusual for a 928 and a great indicator of any 928’s overall condition.

Exterior

The panel fit remains true and the shut lines are clean and even. The doors, boot and bonnet close with the machined, metallic crispness that will be familiar to Porsche owners everywhere.

It has no rust of any note that we can see and is remarkably free of stone chips, scuffs, dinks or any other unwanted blemishes. All appropriate bodywork cavities have been waxed.

The paintwork shows no variance in paint hue or tone across surfaces, and the lustre is impressive.

This is due in no small part to the fact that the car was stripped down in 2015 at which time any dents or dinks were removed and the entire car was repainted in its original Cobalt Blue and lacquered. This came at a cost of £5,000.

The door seals have been replaced, as has the aerial. The mirrors, lights, indicators and wipers all do what they’re told to do.

The car sports matching Continental tyres with plenty of tread on original, apparently unmarked wheels.

Just about the only significant point we can report is that the rear spoiler is loose and will need attention. The history shows that it was last adjusted to rectify some looseness in 1992. So, the bad news is that you may well have to look at this again in another 28 years’ time. We know, what a pain….

Interior

The interior is a very pleasant and classy place to be. Other variants in the 928 stable can be upholstered with patterns disturbingly reminiscent of a black and white TV test card but, thankfully, the GTS was spared that particular aesthetic and is entirely comfortable on the eye. (Yes, we do know many of your like a good bit of Pasha. ed.)

It is also comfortable – and supportive – on the buttocks. Traditionally, few performance car manufacturers have made better seats than Porsche and their friends at Recaro.

Those of you familiar with the peculiarities and foibles of a 928 will know all too well that the functionality of such things as seat controls are strong indicators of the overall condition of the vehicle in question. These seats work perfectly and, as you’ll see from the history, on the rare occasions when they’ve misbehaved, they’ve been promptly repaired.

All interior lights and electrics work, as does the AC.

The leather seats have a pleasant patina to them and, the vendor believes, have been re-Connollised in the not too distant past. The facia, dashboard and dials are in fine fettle, and the steering wheel and shift handle are rip and blemish free. All carpets, mats, door cards and headlining are in good condition and the rear parcel shelf is still in place.

Lifting the carpets in the car and the boot reveals only solid floors with nothing more than a few spots of superficial rust here and there. Importantly, the sunroof and cloth parcel shelf operate as they should.

One minor observation is that the vinyl is lifting slightly on the transmission tunnel between the rear seats.

Mechanical

The car’s undersides display solid, corrosion free surfaces and engineering, plus plenty of Waxoyl, which was re-applied in 2017.

The floor trays and exhaust system appear to be in fine condition and all visible suspension, braking components, wheel arches and sills are free from any rust of note.

The engine bay is full (it’s a big engine) but clean, neat and tidy. Some of the alloy components do have a little surface corrosion but this is purely cosmetic.

The battery was new in 2017. There is a space saver wheel in the boot.

History

This car passed its MOT on 20.6.20 with no advisories.

The service history is stamped up in the service book up to about 2003 and, after that, there are numerous bills, invoices and MOT certificates to cover the intervening years when, the vendor tells us, the car was owned by a succession of fastidious and mechanically knowledgeable enthusiasts who were quick to wield the cheque book whenever necessary.

The history shows that a used, replacement long block GTS engine was bought and fitted late in 2014, and that the seller of that engine estimated its then mileage to be roughly 74,000 miles.

The car’s mileage today is 90,000, and given the slow rate at which it’s notched up miles in the last few years, it’s probably fair to say that the engine has covered about 15,000 fewer miles than the car.

In (relatively) recent years, some big money has been spent on the following:

* Replacement used engine - £3K - 2014

* Big overhaul, new parts for brakes and suspension, new shocks, hoses, bushes, etc - over £8K - 2014

* Full respray - £5K - 2015

* Camshaft belt replaced - 2015

* Reconditioned steering rack and £1.8K of other work – 2016

* Waxoyling and cavity waxing – 2017

* Electrics repaired in both front seats - 2017

The service book records the following service history:

* AFN Porsche – 2844 miles - 20.4.93

* AFN Porsche – 7802 miles – 11.1.94

* AFN Porsche – 12397 miles - 30.1.95

* AFN Porsche – 23542 miles - 325.12.95

* Glenvarigill Porsche – 35120 – 13.8.97

* Evans Halshaw - 37549 – 28.10.97

* Evans Halshaw - 43165 – 30.1.99

* Evans Halshaw - 45204 – 31.1.00

* Evans Halshaw - 48847 – 13.2.01

* Evans Halshaw - 55470 – 4.12.01

* Loe Bank Porsche - 62992 – 13.8.02

* Evans Halshaw - 69963 – 17.4.03

* Motortune Porsche - 73349 – 9.10.03

* Morrison Porsche - 87192 – 27.1.15

The car comes with two sets of keys, a thick wad of bills, invoices, receipts and MOT certificates, plus a selection of original service books, manuals and handbooks.

Summary

This is a good, solid car and one that’s had some big money spent on it. And that’s a very fine thing indeed.

A magnificently over-engineered car like a 928 GTS is an absolute dream if it’s been meticulously maintained and cared for. It’s a total nightmare if it hasn’t. We’re very confident that this fine example belongs firmly in the first category.

The good news for the next owner is that they’ll be getting not only the most collectable (special editions, aside) variant of the 928, but one that has the condition and pedigree to make the most of the model’s dramatic appreciation over the last decade.

They’ll also have the satisfaction of knowing that they’re buying one of finest and most capable grand tourers of its (or any other) generation.

This is a very strong example of a hugely capable and impressive car. We suspect there aren’t many this good still out there waiting to be discovered. As a result we expect this to sell for between £28,000 and £35,000.

This particular car is located with us at The Market HQ near Abingdon. Feel free to ask any questions or make observations in the comments section below, or try our ‘Frequently Asked Questions’.

About this auction

Seller

Private: the badger


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