The takeaway from yesterday’s twin Baltic Blue 944S2s was that, while the model is generally a good bet for collectors, neither of the examples was a stellar buy. But they’re not alone; even though I’ll continue to argue that they’re undervalued relative to what they are, the reality is that many come to market with price tags that are just too high. Even though sellers’ ‘whataboutme’ attitude towards the model is arguably justified, the asking prices usually aren’t.
Yet today we’re looking at another 944. And not a top tier one at that – generally speaking, this particular model is the least appealing of the end of the run. It’s the last-year 8-valve motor, so you can imagine that if the 944S2 was overshadowed by the Turbo, this model was positively left in the dark. You got early 944 appearances with the slightly punched-out 2.7 liter inline-4. That gave you a bump to 162 horsepower, up from 158 in the high-compression 2.5 from the previous year. That didn’t sound like much, but with revised gear ratios and a healthy bump in torque, these ’89s are claimed to be the quickest of the 8V normally aspirated run. But without a “S”, “S2”, or “Turbo” script adorning its rear, and with the 924S gone to greener second-hand dealers, the regular old 944 assumed the position at the very bottom of the totem pole in the Porsche lineup.
So why buy it?
Simple. Price. It’s very easy to forget just how darn expensive Porsches were in the late 80s – even the 4-cylinder ones. That was why the 924S was so appealing. Sure, it wasn’t the glitziest Porsche out there. But it was also the only one you could buy new in the $20,000 range. By 1989? If you wanted a Turbo, you’d pay the best part of $45,000 delivered.…