Kicking and screaming, enthusiasts are watching super heros from the 1980s slowly (or not so slowly, depending on the model) move firmly out of affordable price ranges. The last bastion of performance to rise is one of the best available, proving that the market doesn’t always recognize what theoretically should be the best cars. 944 Turbos, just as they did when new, have been rapidly accelerating in value and the top of the heap for road models are the ’88 Turbo S and the S-spec ’89 Turbos (properly, without S – more later). In my time writing for GCFSB, I’ve watched nice examples move from mid-teens to firmly into the 20K range. But Hagerty currently values them even higher, with a sharp spike in 2015. 2016 forecasts have the market cooling slightly, but it’s still at record highs for several models. The current top value on a 1989, at least according to Hagerty, is $36,400. Today’s car is priced at $39,000. Is it better than perfect?
All posts tagged 944
I can remember vividly when the Porsche 944 Cabriolet first debuted. As a young child, I would eagerly await those car magazines arriving by post each month, giving me the opportunity to set eyes on concepts, spy shots, prototypes and all the newest models. When the first images of the 944 Cabriolet appeared, I felt like something was missing. The proportions somehow didn’t seem right, as I had been used to seeing this transaxle Porsche design in fixed roof form for years. The folding roof and rounded off rear end seemed a world apart. However, I think time has been kind to this design and it’s a very unique model that appeared at the dawn of a decade that would bring about some of the most drastic changes in Porsche history. This 944 Cabriolet for sale in California has a mere 12,000 miles on the clock and while the Linen Gray Metallic isn’t necessarily suited to this sports car, it doesn’t offend either, looking sharp sitting on those Gullideckel alloys.
CLICK FOR DETAILS: 1990 Porsche 944S2 Cabriolet on eBay
It should come as no surprise that Porsche 944 Turbo prices are on the rise. In fact, in atypical Porsche form it’s quite late to the party. Considering the stratospheric rise of its ostensible competition from BMW and Audi, the 944 Turbo has remained quite affordable for a very long time. That has resulted in a glut of mediocre to poor condition examples; let’s not forget, after all, that this is a Porsche, and servicing a complicated 30 year old example can be beyond the budget of some available to leap over the entry price hurdle. However, one of the Turbo models that have traditionally retained greater value is the later run 1988 S models and 1989 S-spec models. Properly, 1989 models are not referred to as S models, but as they carry all of the same upgrades as the 1988 model many add the suffix to the name. Considering how limited they were in the U.S., at only a reported 1,874 1988s and 1,385 1989s with a handful of 89 spec cars shifted in 1990, it’s not as much of a surprise that they’re prized possessions for many and generally speaking they come to the market in better condition than the earlier ’86/87 models. But not many these days come to market having traveled only 28,500 miles since new:
CLICK FOR DETAILS: 1989 Porsche 944 Turbo on eBay
As a habit, we try not to write up project cars. There are other sites that do that and a project car takes a specific subset of fanatics to be really interested. Most will turn their heads, unwilling to front the cash to complete the build. Some might be interested but have neither the skills, the resources, the time or the space to undertake the project. And, to be honest, most project cars are complete headaches – basket cases that were hastily thrown together or require enough reverse engineering that you’re better off starting from scratch. But once in a while one comes along that is both so cool and unique that it justifies a second look and disregarding the angels of our better nature who chant not-so-softly into our ears “DON’T DO IT!“: