At $21,500, Is This 1982 Porsche 928 A Bubble-Butt Bargain?

According to the seller of today’s Nice Price or No Dice 928, they’ve owned the car for nearly 30 years. Is it well enough priced for a new long-term owner?

The Battle of Saratoga is considered to be a pivotal point in the American Revolution that turned the tide in the Colonies’ favor. Fought over three weeks in the summer of 1777 along the banks of the Hudson River, the battle’s decisive victory for American general Horatio Gates over his British opponent, General John Burgoyne, was enough to persuade France to enact a treaty with the U.S., contributing desperately needed financial and military support. The 2007 Chevy Corvette convertible we looked at yesterday didn’t have quite so decisive a win, but with its $22,000 asking price earning a 56 percent thumbs up in the voting, it got the nod, nonetheless.

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Yesterday’s Corvette may have been the dandiest Yankee Doodle anyone could possibly want for the July 4th holiday, but what if you had an itch for some black forest ham instead of hot dogs and German precision instead of American gusto? You might then wish to consider this 1982 Porsche 928. Let’s do that right now.

Two of the 928’s most notable styling details are the Planarian-esque headlamps and the voluptuous round rear end that begs to be caressed in a naughty manner. Contemplating such an act of automotive debauchery on this 928 leads to the realization that, while supposedly an ’82 model, it’s sporting the rear bumper style, spoiler, and tail lamps from an ’87 or later car. A quick nose check confirms that it has the correct front bumper and driving light setup of the earlier design. Whatever the reason why the rear end got an update—an accident? idle whimsey?—goes unexplained in the ad. The title is clean, so it wasn’t due to some massive remodeling owed to an insurance buyout.

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According to the ad, the seller has owned the car since 1996 so they could probably provide all the deets of the car’s history and mystery. Until then, the ad tells us that the car has 135,000 miles on the clock, working A/C and heat, and is registered under collector car status.

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It’s also described as being in “fantastic condition,” a boast supported by the ad’s pictures. The Guards Red paint is arguably the most expressive color Porsche offered on the 928 in 1982 and is well matched with the later alloy wheels it wears. The cabin is leather-trimmed, and unlike on many 928s that dead cow isn’t all worn out, showing only minimal de-lamination on the dash cap. An aftermarket stereo and too many floor mats mar the overall aesthetic, but those are easy fixes.

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No mention is made about the condition of the 231-horsepower 4.5-liter V8 under the 928’s hood or of the clutch for the five-speed transaxle in the back, so chalk that up as another “ask-the-seller” for interested parties.

Those interested parties will need to show up with both that buttload of questions and a pocket big enough to hold $21,500 in cold, hard cash—or maybe a check; the seller doesn’t specify.

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What’s your take on this 928 and that $21,500 asking? Does that feel like a deal for a classic Porsche GT? Or does that mix of questions and money have you saying GTFO?

You decide!

Colorado Springs, Colorado, Craigslist, or go here if the ad disappears.

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