The Porsche 928 was a radical departure for the company, a front-engine V8 grand tourer designed to replace the 911. Launched for the 1978 model year, it was the only sports car to ever win the European Car of the Year award. With its futuristic styling, pop-up headlights, and luxurious cabin, it offered a different kind of Porsche experience focused on long-distance comfort and effortless speed.
Collectors appreciate the 928 for its unique place in Porsche's history and its advanced engineering. Desirability varies greatly by model, with rare 5-speed manual cars commanding a premium across all series. The final 1992-1995 GTS models, with their flared rear fenders and 5.4L V8, are the most sought-after, while early S4 models offer a great balance of performance and availability.
The market for the 928 has been rising steadily for the past decade. Once considered a bargain, the best examples now fetch serious money, pulling the rest of the market up with them. While project cars can still be found cheaply, the average sale price of over $31,000 reflects growing appreciation for this V8-powered GT.
Buying Tips
- Verify the timing belt and water pump service history. It's a critical maintenance item on this interference engine, and failure is catastrophic. The recommended interval is every 4-5 years or 45,000 miles.
- Test every single electrical component. The 928's complex electrical system is known for issues with the central warning computer, gauges, and power accessories. Diagnosing these problems can be time-consuming.
- Look for a car with comprehensive maintenance records. Deferred maintenance is a huge red flag, as costs for repairing the torque tube, suspension, and air conditioning can quickly exceed the car's value.
- Inspect the interior for cracked dashboards and worn leather upholstery. Sourcing replacement interior trim pieces is difficult and expensive.
Prices range from $1,825 for project cars to $269,000 for pristine, top-spec GTS models.
2,967 Porsche 928 vehicles have been tracked across auctions and listings on Hypercars, with 392 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
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