This 1987 Porsche 944 is a naturally-aspirated model that remains in impressive condition with original Guards Red paint and just over 73,000 original miles. The seller describes it as a well-running, well-maintained car with few issues other than minor cosmetic defects from age. While historically trailing the 911s, front-engined Porsches like the 944 are increasingly selling for strong numbers in condition like this. Find it here on eBay with bids approaching $9K.
The reserve remains unmet on this example and that’s not surprising, especially given where some major auctions for well-preserved 944s have ended. Hagerty did a great analysis of last year’s Pebble Beach results where it highlighted one sale over $20K for a clean non-turbo model, and another sales result of $72K for a low-mileage turbo model. The consistent theme between both? The number of bidders in the room well under the age of 45.
I’m not here to provide yet another hot take on the changing demographics of the car auction business; rather, just pointing out you can’t continue to scoff at the fact that different buyers who dreamed of different cars than their parents are showing up to these auctions and looking for well-preserved examples of 1980s icons. There was a time when a four-cylinder Porsche wasn’t worth anything more than walking-around money, but those days are long gone.
Still, garbage examples of four-cylinder Porsches will continue to trade for chump change while examples like this with gorgeous original paint, minty leather interior, and low miles with no accident damage will demand a premium. Given how out-of-reach 911 prices have become, it’s of little surprise that other great driver’s cars in Porsche’s lineup will start to trend upwards. I’d buy a clean 944 or 924 Turbo model now while good ones can still be found relatively cheap.
Wow, a $50K+ spread between NA and Turbo versions?