15k: $1 Per Mile: 1980 Porsche 928

The Porsche 928 is a fantastically complex and cool classic grand tourer from Porsche’s era of experimentation in front-engined sports cars.  The pointy headed product planners in Stuttgart envisioned that the Wolfgang Möbius designed 928 would replace the aging rear-engined 911, but the 911 has more lives than a family of cloned zombie cats — and it watched as the 928 pulled an Elvis over the years (fatter, louder, capes, etc).  Find this 1980 Porsche 928 here on eBay bidding for $9,800 reserve-not-met with a buy-it-now of $15,900 located in Miami, FL.

You would do well to be leery of vehicle listings that show cars with nice high resolution photos and short descriptions where the seller says — this car is great, but shows average wear/tear, just look at the photos.   What this means is that the seller isn’t going to do you any favors by pointing out flaws, and it is up to you to find the issues and make a proper value assessment.  What the seller does say is that everything works, which is highly suspicious on a 1980 Porsche 928, regardless of a 16k mile odometer reading.  And don’t put all of your faith into that odometer reading making this a great car, this thing either sat for large periods of time, was only driven 1 mile per day, or the odometer gear (with time they all crumble into a cheese cake crust like pile) has been broken for the last few decades. Trust a good PPI more than an odometer reading on this thing.

Under the hood is a very nicely detailed 4.5 liter V8 that was Porsche’s first foray into production V8
engines and produces 229 horsepower in catalyzed US specification from
its 16-valve setup.  It isn’t a bad engine and while the European spec uses higher compression to generate more forward thrust, the US version is under-stressed and should last longer. 

Porsche used a rear mounted transaxle to help keep weight distributed toward the rear of the car and this one uses the preferred 5-speed manual gearbox.  You wouldn’t want to use a 928 for commuting in traffic anyway, so getting an automatic is sort of like putting beach cruiser handlebars on a carbon fiber road bike.   The 928 in your garage is a weekends/road trip kind of fun car, get the 5-speed.

See another low mile classic for cheap? tips@dailyturismo.com