1979 Porsche 928

Barrett-Jackson Houston 2021
Thursday, 16 September - Saturday, 18 September
$1,980,000
Sale Price
No
Reserve
18 September 2021
Sold Date
749
Lot Number
#2
Recent restoration
Barrett-Jackson
Auction House
Chassis no. 9289201213. Platinum Metallic over tan leather. 4474/219hp, 5-speed, phone dial wheels, rear window wiper, power windows, air conditioning, factory cassette stereo.

Evaluation: The hero car from the 1983 film Risky Business. One of three 928s used for the film but this one reportedly got the most screen time. Left the factory on white but repainted gold for the movie. Tom Cruise reportedly learned how to drive stick in his car. Later became the subject of a documentary on the filmmaker’s quest to find the car, and it was eventually discovered in California. Now refreshed to how it appeared in the film. It presents like a nearly new car and it would be a desirable, well-equipped early 928 even without Risky Business, but the movie magic is the main appeal here.

Bottom Line: Price Guides and valuation data are of little use here but, just for reference, $1.98M would buy you 25 very, very nice 928s. And $1.98M is a staggering amount of money, even for a movie car. Is Risky Business a famous film? Definitely. Is Tom Cruise a household name? Of course. But people remember that movie for Cruise dancing in the white shirt and socks or for that steamy scene on the train. The dad’s Porsche plays a big role, but not to the same degree as Frank Bullitt’s Mustang or 007’s DB5. After a long battle between several bidders on the phone it was one of the biggest surprises in an auction full of surprisingly pricey cars. It is also now the most expensive front-engine Porsche ever sold at auction, two and a half times more expensive than the previous record – a $792,000 for a 968 Turbo S sold by Gooding & Co. back in May.

by Andrew Newton
24 September 2021
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.