Gotta Be A Record…

On January 10, 2022, a beautiful red 1989 Porsche 944 Turbo with only 3,100 miles sold for $135,944 on BringATrailer.com.

OMG.

It is a beautiful car, no doubt.  The new sticker was around $47,000, which translates to about $100,000 today.  But almost $136,000?

Turbos have been selling on these online auctions between $18K and $40K.  Silver Rose Turbos and Turbo S cars have been higher for stock, clean examples. But this bid price is quite literally “over the top.”

Is this an anomaly or is this where we are headed with 944 and 924S prices?  It’s anyone’s guess.

Mecum Auctions was in Kissimmee this week, and a nice, clean, stock 924S dressed in white paint sold for $15,400 plus fees.  Huh?

BringATrailer.com also had a white 924S that sold for $8,400.  That seems more reasonable until you factor in “The seller states the air conditioning and sunroof switch do not work. Wear is shown on the seats, and cracking is visible on the dashboard in the gallery.”  Also, “…total mileage is unknown. The seller states the fuel gauge does not work.”  And The seller notes rust near the battery in the engine bay and states that the Oxygen sensors need to be replaced.”  The front valance under the bumper is damaged, and there are imperfections in the paint.  There are 92,000 miles shown, but there are also inconsistencies in the odometer readings on Carfax.  The seller said that it had a 158hp engine, but the 1987 engine is the lower-compression engine with lower horsepower.  Is this an $8,400 car?

What do you think?

Author: Kevin Duffy, 924S944.com LLC, DeLand, FL

After retiring from a career in Law Enforcement, Kevin Duffy turned his attention to one of his passions, Porsche 944's and 924S's. He owns 924S944.com LLC in DeLand, FL, rescuing and restoring forgotten Porsches, bringing them back to a useful life. He is especially interested in the rare-but-beautiful 924S Special Edition. He can be found at Porsche Club events, including track days, tours and shows, as well as other car-focused events around the southeastern United States.

4 thoughts

  1. A rising tide lifts all ships.
    Some of this is inflation and some is demand. Plus they are “Porsches” and getting more rare by the day.
    Does anyone else cringe when Elliot crushes one?

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