In Storage Since 2001: 1982 Porsche 928 5-Speed

The Porsche 928 is a highly regarded grand tourer, and while it can be a heap of trouble when purchased in neglected condition, the V8 soundtrack alone makes it a model worth reviving if you find the right car. This 1982 model is described as a barn find example that has been off the road since 2001, but given it comes with the somewhat rare factory 5-speed and doesn’t appear to have much in the way of corrosion, it could be worth bringing back to life. Throw in the fact that the engine still turns over with good compression, and you practically have an obligation to give this car the TLC it deserves. Find the 928 here on eBay with bidding at $4,300 and the reserve unmet.

The 928 is not a simple car to restore. No Porsche necessarily is, but a 928 has a reputation for bringing more pain in barn find condition than its air-cooled sibling does. Still, it’s not necessarily hard to separate the challenging from the awful, and this 928 falls into the former category given it has a clean history, no paint and/or body damage, and just two owners from new. There’s also zero rust, and given it has California plates and now resides in Oregon, it seems likely this has been a West Coast car all of its life. The one thing holding these early 928s back? Values – 928s never spiked to superficially high levels like the 911 has, so while restoring a total basketcase is a losing proposition, bringing a car with known history back to life is a worthy undertaking.

The interior is in fair condition – it could be a lot worse, and we’ve seen worse on these cars plenty of times. But it’s not concours, if you’re into that sort of thing, and a lot of Porsche guys seem to be. The big story here is the 928 has the preferred manual gearbox. The 928 is one of those funny cars wherein it was absolutely build for enthusiasts, but its personality oftentimes made it a more compelling package as an automatic given its exemplary grand touring abilities. The 928 features leather bucket seats with thick bolsters, and the seats – while aged – aren’t torn up and could definitely be lived with for some time to come before calling your upholstery guy. The armrest looks pretty tired, however.

The seller notes the 928 ran well before going into storage, and with a functional clutch and working brakes, it seems likely the 928 may be in even healthier condition than the pictures suggest. Throw in the fact that it’s largely complete, with all books, manuals, tools, and the spare tire included, and you begin to get the picture that the previous owners really did love this car, despite its long-term slumber. So, how did it end up in Oregon as a non-runner?  Any number of reasons dictate why good cars get parked, but hopefully this 928 was simply a victim of an owner’s old age or change in health as to why it stopped seeing daily use way back in 2001.

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  1. alphasud Member

    Porsche 928’s used to be a dime a dozen before the 911 prices got crazy. I bought a euro 83 with a broken timing belt for $1200. They are cool cars but they are very polarizing to people. You either love or hate them. They are also very complex cars and yes they are very expensive to bring back. The interior on this one doesn’t look too bad with the usual leather dash issues. It’s not worth $7500 though and with over 200K on the clock and not being able to drive it I wouldn’t even pay the current bidding. I bet the transaxle will need rebuilt as well. Don’t walk away, just run!

    Like 19
  2. bobhess bobhess Member

    Like alphasud said….

    Like 1
  3. Rich

    If I am not mistaken, there’s a Bentley in the first picture. Could be a Rolls, too.

  4. Bill D

    I’m surprised prices haven’t taken off on these, as they’re an iconic “movie car” from Risky Business. “Okay, who’s the U-boat commander?”

    Like 4
    • Michael

      Haha you’re funny. I have owned 4 928’s and I know a million reasons why the prices haven’t taken off

      Like 8
      • Motorcityman Member

        What r the 3 main reasons in your opinion?

        Like 3
  5. Showbiz

    Have owned a 81 and a 83 owner probably stopped using as a daily driver due to fuel cost , they drank fuel like crazy even when tuned perfect , great touring car that were very smooth , electrical system can be a pain, aluminum fenders and hood and I believe doors made of a polymer? A Porsche design beyond its time.

    Like 3
  6. BobinBexley Bob In bexley Member

    Wrong wheels, right ? Brown, tan, 5 speed. I do have a recollection of flogging 1, with a hard cane, some almost 40yrs ago. What’s that waterpump cost ? Ze Germans !

  7. PRA4SNW PRA4SNW Member

    Auction ended with Reserve Not Met at $6.600.

    Like 1
  8. Bart

    Always wanted a 928. Between Risky Business & Weird Science they had my eye.

    Like 2
  9. Charles

    Keep a fire extinguisher handy. Or better yet don’t. My step daughter had one. My first question to her was how long did you have it before the fire. She was shocked that I knew it went up in flames.

    Like 1
  10. jokacz

    Can someone answer a question for me? Is first gear on these things synchronized or not? Every one I have ever driven ground like crazy downshifting to first unless double clutched. How could Porsche release a car with no synchro on first, if that’s the case?

  11. Jeremy

    Since I’m not a Porsche fan,and more of a muscle car guy,this is the only Porche I’d ever consider owning,being a front engine V8, mandatory 5 speed manual and a posi rear end,it’s as close to say,a 5.0 Mustang or Camaro.I don’t even care if it’s the slowest Porche made,or the least popular.A guy in high school drove his parents black 928S and with aftermarket exhaust,it sounded phenomenal and would do 2nd gear donuts that felt like a tilt-a-whirl carnival ride!

    Like 1

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