Porsche - 928 (1983)

Porsche 928 – the iconic German luxury sports sedan that first appeared in the early 1970s and reached its prime in the mid‑1980s – continues to attract collectors, enthusiasts, and buyers who are curious about its current value. Whether you’re wondering about the Porsche 928 price in today’s market or specifically asking “what is a 1983 Porsche 928 worth,” this overview provides a comprehensive look at the factors influencing the use price of this classic model.

In the 1980s, the 928 was sold as a grand touring alternative to the more aggressive 911, offering a distinctive front‑engine layout, a powerful V8, and the a luxury sedan body. Today, buyers can expect the Porsche 928 1983 price to vary significantly depending on mileage, condition, provenance, and market demand, but a well‑maintained example can command a premium among collectors.

• Engine: 4.5‑liter V8 (second generation) – 382 hp, 400 lb‑ft torque
• Transmission: 5‑speed manual or 3‑speed automatic (later models offered a 4‑speed automatic)
• Fuel Type: Gasoline (premium recommended)
• Powertrain: Rear‑wheel drive
• : Length 186.3 in, Width 75.2 in, Height 54.9 in, Wheelbase 111.1 in
• Weight: Approx. 3,400 lb (varies slightly by year and options)
• Top Speed: 156 mph
• 0‑60 mph: 5.8 seconds (manual), 6.1 seconds (automatic)
• Fuel Economy: 13–15 mpg city / 21–23 mpg highway (combined around 16–17 mpg)
• Interior: Leather seats, power steering, power windows, climate control, cruise control

These specifications remain largely consistent across the 1983‑early 1990 generation, making the model a reliable benchmark for examining resale dynamics.

Depreciation Insight

Cars typically experience the steepest loss of value during the first year after purchase, as they move from new to used status. For the Porsche 928 depreciation curve, experts estimate:

• First year: Loses approximately 15‑20% of its original value.
• Year 2–5: Depreciation slows to about 5‑10% per year, on average.
• Beyond five years: Classic and rare models often see a reversal, where market appreciation can offset earlier losses.

Because the 928 enjoyed a dedicated fan base, it preserves a certain prestige that helps mitigate depreciation. However, actual rates can differ based on individual vehicle condition, mileage, and the broader SUV‑dominant market trend pre‑2000.

Comparison Context

When comparing the 928’s price trajectory to similar models, consider the following benchmarks:

• Porsche 911 (mid‑80s): Typically commands higher resale values (Porsche 911 price often outpaces the 928 by 10‑15% in comparable condition).
• Daihatsu 290: Used Porsche 928 price appears moderate, but collector interest sometimes fuels premium pricing in niche circles.
• Jaguar XJ Series (1980s): The 928’s European luxury credentials align with the XJ’s appeal to classic car enthusiasts, yet XJ’s production numbers are higher, diluting scarcity benefits.