Up until tonight, I couldn’t stop wondering what I was missing about 928 GTS models. There is one floating around on Portland Craigslist. It’s pictured above and is a 1993 928 GTS 5-speed. It was recently serviced and has 99,300 miles. Also has 12-way heated seats. I didn’t know you could heat your butt 12 different ways. A few other upgrades are listed. Price: $32,000!!!
I ran across another one today, listed in a post on Jalopnik under the title “Nice Price Or Crack Pipe: $50,000 For A 30,000-Mile 1994 Porsche 928 GTS?” Again, big price for a 928 GTS. Out of 874 votes, an overwhelming 84% say it’s overpriced. Exactly how I would have voted…until I started reading a bit more about the GTS.
Based on some initial research online, I’m seeing that only 422 GTSs were imported into North America with model years of 1993 thru 1995. Only 77 were imported into the US in 1995 with loaded models exceeding the $100,000 price mark. Changed bodywork, larger front brakes and a new, more powerful 5.4 L, 350 PS (257 kW/345 hp) engine were the big changes Porsche publicized.
NOW it’s starting to make sense. Such a low number of imported GTSs is clearly one of the biggest reasons the car has retained a significantly higher value. Not to mention a higher new retail value. In fact, I’m finding that over the last couple of years, all 928 prices have started to creep upwards a bit, although 2008 has decimated many prices. Would be cool to find a 1995 model since so few were imported.