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No Reserve 38 Years Owned 1987 Porsche 928 S4 5-Speed Manual
Here is a 1987 Porsche 928 S4, finished in black over a burgundy leather interior – a first-year S4 and the biggest upgrade of the 928 in its 1978 through 1995 run. This vehicle is powered by a water-cooled, front-mounted 5.0-litre V8 paired with a five-speed manual transaxle, sending power to the rear wheels. The odometer currently reads under 353,000 km, though according to the owner and his detailed Excel record of maintenance over the past 38 years, the actual distance travelled is 100,000 km below that, plausible given that odometer problems are somewhat common on Porsches of the era. This example has been with its owner for 38 years and was a European Tourist delivery when purchased in 1987, as supported by photos of the Porsche-stamped records in the Warranty and Maintenance booklet. Factory equipment includes a limited-slip differential, sports suspension with Bilstein shock absorbers, a sunroof, heated 12-way power front seats, and a high-fidelity sound system. It is offered with two keys, a fitted car cover, and the original owner’s, Service/Warranty and Maintenance manuals.
The exterior is finished in its original black paint, with the seller confirming that no repaint has been performed during ownership, other than on a replacement front bumper cover installed in the ‘80s. Exterior equipment includes integrated fog lights, pop-up headlamps, a rear window wiper, body-coloured mirror caps and a body-colour rear spoiler. Porsche badging is retained at the front hood and across the rear fascia, the latter complemented by a no charge option 928S4 decal. Body imperfections without paint damage are noted on each rear quarter panel while there is paint upset on the front bumper cover. The Carfax report itemizes an insurance report of approximately $4,200 in 2022, following an incident of a tree branch falling on the hood. An insurance adjuster’s visit while the branch was still sitting on the car, see photos in the gallery. After he engaged an arborist to carefully remove the branches, the owner advises that only some pin prick-sized marks were left by the branch and he repaired it himself with some touch-up paint. The resultant imperfections are shown in our car review video linked opposite the CCC Vital Info section, above.
Factory “flat-disc” alloy wheels known to the Porsche set as 7-slots or manhole covers are mounted with Cooper RSA-3 tires in staggered 225/50 and 245/50 sizing and complemented by Porsche emblemed centre caps. We note from an OK Tire invoice that the tires were installed at approximately 246,000 km in July 2017. Braking is by four-wheel discs, with ABS, as standard on the S4 model. The car was also equipped with sports suspension out of the factory, as set out in the Porsche options decal still appearing in the rear hatch, decoded below and photographed in our gallery. Underside images are also included in the gallery, along with views of the suspension and wheel condition.
The cabin is upholstered in burgundy leather across the seats with colour-matched dashboard, door cards, centre console, and carpeting. Cracks on the dash are observed. Power-adjustable heated front bucket seats feature integrated controls on the seat bases; cracking is noted on the outer driver’s seat bolsters, back and bottom. These imperfections, including those on the dash cover, are best reviewed on our Review Video, linked opposite “CCC Vital Info” in this listing. Comfort and convenience features include air conditioning which the seller notes is blowing cold, central locking, power windows, and a factory Blaupunkt stereo system (the head unit currently not operational per the seller due to a fuse). The rear cargo area retains its factory cargo net, under which are found spare tire and, lower, the battery.
The driver is presented with a leather-wrapped four-spoke OEM steering wheel and a gauge cluster centred by a tachometer and a 300 km/h speedometer. Supplementary instrumentation includes readouts for fuel level, coolant temperature, oil pressure, and voltage. Switchgear for the climate control system is positioned in the centre stack along with audio controls. Noted flaws include an inoperative passenger window switch, wear on the driver’s seat, and two holes in the rear footwells, the latter will keep it from an Ontario Safety Standards Certificate.
This vehicle’s powerplant is a naturally aspirated 5.0-litre V8, part of the revised S4 generation introduced in 1987. Factory ratings were 316 horsepower and 317 lb-ft of torque when new. The engine is equipped with Bosch electronic fuel injection. The seller advises that details of past maintenance are contained in the included service manuals, the Carfax and supplementary spreadsheet. Some receipts are in our gallery.
Power is delivered to the rear wheels through a five-speed manual transaxle. The transmission retains its factory shifter, as shown in the gallery. According to the seller, known upcoming maintenance includes addressing the passenger window switch. Otherwise, the car is presented as mechanically complete and consistent with its mileage and age.
This 1987 Porsche 928 S4 is offered by the 38-year owner with owner-noted 253,000 km on the odometer while 353,000 km appears on the analog six-digit odometer. Included in the sale are two keys, owners and service manuals, and a fitted car cover and this 1987 928S4 is available in Etobicoke, Ontario.
M28/41 = 5.0L V8 (32-valve)
G28/10 = 5-speed manual transaxle
Paint: L700 = Black
Interior: 7Z = Burgundy leather
018 – Steering wheel with elevated hub (30 mm)
139 – Seat heating, left
158 – Cassette-radio Blaupunkt Reno SQR 46
220 – Limited slip differential, 40%
340 – Seat heating, right
418 – Protective side mouldings
490 – Hi-fi sound system
474 – Sports shock absorbers (part of sport suspension)
481 – 5-speed manual transmission
533 – Alarm system
586 – Lumbar support, left seat
650 – Sunroof
G28/10 = 5-speed manual transaxle
Paint: L700 = Black
Interior: 7Z = Burgundy leather
018 – Steering wheel with elevated hub (30 mm)
139 – Seat heating, left
158 – Cassette-radio Blaupunkt Reno SQR 46
220 – Limited slip differential, 40%
340 – Seat heating, right
418 – Protective side mouldings
490 – Hi-fi sound system
474 – Sports shock absorbers (part of sport suspension)
481 – 5-speed manual transmission
533 – Alarm system
586 – Lumbar support, left seat
650 – Sunroof
