1987 Porsche 928 S4 for sale

Name: 1987 Porsche 928 S4
Brand: Porsche
SKU: tn0004
Price: 37900 EUR
Availability: InStock

€37,900

VAT included and not reclaimable: sold under the margin scheme.

Ellerbek, Germany

Mileage: 143,227 km
Gearbox: Manual
Model year: 1987
First registration: 01/1987
Power: 320 PS (235 kW)

1987 Porsche 928 S4 for Sale in Germany

This 1987 Porsche 928 S4 is a used car showing 143,227 km. It is equipped with a manual transmission. The car is finished in Dunkelblau with a Beige interior. It is a 4-seat car and has had 2 previous owners.

This 928 S4 has the five-speed manual gearbox, which Porsche dropped from the S4 in 1989 in favour of the automatic. It wears Dunkelblau paint over beige leather and has had two previous owners. The dealer judges it technically sound and lists no accident damage.

Its service book is present and carries entries from February 1989 at 8,008 km through 1990, 1993 and every year or two until January 2003, then 2010, 2011 and twice in 2024. The most recent work, in 2024, included a new timing belt and a new water pump.

The car is located in Ellerbek, Germany.

The Porsche 928 S4 uses the 4,957 cc water-cooled V8 mounted at the front, with two overhead camshafts per bank and four valves per cylinder, rated at 320 PS (235 kW) at 6,000 rpm and 430 Nm at 3,000 rpm; with the manual gearbox, 0 to 100 km/h in 5.9 seconds and 270 km/h, with a five-speed manual or four-speed automatic gearbox mounted at the rear as a transaxle, for a 50/50 weight distribution.

Technical Information

This unit

Exterior: Dunkelblau
Interior: Beige
Upholstery: Leather
Mileage: 143,227 km
First registration: 01/1987
Previous owners: 2
Accident history: Accident-free
Condition: Used
Location: Ellerbek (Hamburg), Germany

Powertrain

Engine capacity: 4,957 cc
Cylinders: 8
Power quoted by the dealer: 320 PS (235 kW)
Fuel type: Petrol
Transmission: Manual

Body & equipment

Body style: Coupe
Doors: 2
Seats: 4
VAT: VAT included and not reclaimable: sold under the margin scheme.

Equipment

Equipment 17

ABS
Armrest
Electric windows
Electric door mirrors
Electrically adjustable seats
Rear-wheel drive
Leather steering wheel
Alloy wheels
Lumbar support
Non-smoking vehicle
Headlight washers
Sunroof
Power steering
Summer tyres
Tuner and radio
Folding passenger seat
Central locking

Equipment as listed by the dealer. Verify the specification with the dealer before purchase.

FAQ

This Porsche 928 S4 in the European market

Is this Porsche priced above or below the European market?

At €37,900, it sits below the median of €168,000 for the 661 Porsche advertised in Europe in 2026. 1% of them are advertised for less. Asking prices are not transaction prices, and specification differences explain much of the spread.

Can this Porsche be bought in Germany and registered elsewhere in Europe?

The car is located in Ellerbek, Germany. The dealer quotes it as: VAT included and not reclaimable: sold under the margin scheme. Cross-border purchase is normal for this kind of car, but the documentation, the certificate of conformity, transport and the registration rules of the destination country all have to be settled with the selling dealer first.

How much did this Porsche 928 S4 cost new?

The manufacturer's base list price was €62,352 in Germany, excluding options. This car is advertised at €37,900, 39% below it. A list price is the launch price of the version without options, so a heavily specified car left the factory above it, and it says nothing about what the car is worth today. That 1987 list price is converted to euros with no adjustment for inflation.

How does the mileage of this Porsche compare?

143,227 km recorded, against a median of 16,963 km across the Porsche advertised in Europe in 2026. It is therefore among the higher-mileage cars currently listed. Service records and ownership details should be checked against the documents held by the selling dealer.

Which other Porsche are priced closest to this one?

a 2015 car in Hungary at €36,890, and a 2018 car in the United Kingdom at €39,721. Observed in 2026. Comparing them means putting model year, mileage, factory options and the VAT basis side by side before the price itself.

Who is selling this Porsche 928 S4, and how does a purchase work?

Tourneau, a professional dealer in Ellerbek, Germany. LUSSO lists the car and passes enquiries to that dealer; the inspection, the negotiation, the invoice and the transfer of ownership all take place directly between the buyer and the dealer. LUSSO does not hold stock, take deposits or act as an intermediary in payment.

Can this Porsche 928 S4 be inspected before purchase?

The car is at Ellerbek, Germany, and an inspection is arranged with the selling dealer. Buyers based in another country commonly appoint an independent inspector or a marque specialist rather than travel. Ask the dealer for the service record, the number of previous owners and any accident history, with supporting documents for the information stated in the listing.

1987 Porsche 928 S4 for sale

1987 Porsche 928 S4 for Sale in Germany