“the finest Porsche ever built”
1982 was the final model year for the first-generation Porsche 928, which would be replaced by the slightly more powerful Porsche 928 S for 1983. Despite the aerodynamic look of Wolfgang Möbius’ exterior design, the 928’s drag coefficient was a middling 0.41.
The standard powertrain remained the 228 bhp M28 4.5 liter/273 ci V8 with Bosch L-Jetronic port fuel injection mated to either a five-speed manual transmission or a Mercedes-Benz sourced three-speed automatic. To the eternal horror of many enthusiasts, the automatic was ordered about twice as often as the manual.
In a car that weighed 3,197 pounds with the manual transmission, 0-60 mph came in approximately 7 seconds, with a top speed of just over 140 mph. Fuel mileage was rated by the EPA at a class-competitive 16 mpg—with a 22.7-gallon gas tank, the proud new owner of a 928 could expect a range of about 325 miles with a 10% fuel reserve.
The 928 came well-equipped—a good thing considering it had a base price of $39,500 (about $109,400 in today’s dollars or a little more than a 2020 Porsche 911 Carrara 4 costs). Standard exterior equipment included halogen headlamps, a headlight washing system, and a rear window defogger with a rear wiper. Mechanical equipment included power-assisted rack-and-pinion steering, four-wheel disc brakes, and P225/50VR16 tires (a size still readily available) on 16 x 7 inch wheels.
Inside, automatic cruise control, adjustable pedals, power windows, a central door locking system, and automatic full climate control were all standard. Bucket seats with a driver’s side power seat, a partial leather interior, a leather-covered steering wheel, a steering column that adjusted along with the instrumentation, and an AM/FM stereo radio with a cassette player and four speakers and a power antenna were also included.
Exterior and mechanical options included an electrical sliding roof, protective side moldings ($195), and pressure-cast alloy wheels ($795). Inside, options included a front passenger power seat, sports seats (either leatherette/cloth or leather), an alarm system ($300), and a Hi-Fi sound system with eight speakers.
There is excellent club support for the Porsche 928, as there is for all Porsches. According to Hagerty’s valuation tools, all the money for a 1982 Porsche 928 in #1/Concours condition is $48,300, with a more normal #3/Good condition car going for $18,500. Porsche 928s frequently show up for sale in the Hemmings Motor News classifieds and on eBay Motors. As I write this in April 2020, there’s a Medium Metallic Blue 1982 with dark blue leather seats, an automatic, and 36,000 miles available on Hemmings for $36,500.
Other eighties Porsches I have written about are the 1986 Porsche 944 Turbo hatchback coupe, the 1987 Porsche 911 3.2 Carrera coupe, and the 1988 Porsche 944 hatchback coupe. Other sports cars from the 1982 model year that I have written about include the Chevrolet Corvette coupe and the Fiat X1/9 coupe.