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Tag: 931

1982 Porsche 924 Turbo

Back in 2020 I looked at a late ’80 924 from the end of Series 1 production.

1980 Porsche 924 Turbo

A nice example, it had a rolled odometer but was in nice shape overall and had an asking price of just under $12k. That probably seems like a lot for a 924, and indeed – it is; you can get later and arguably better (in some ways) 944 models for the same price. But put it up against some of its contemporaries in the same price category; the Scirocco, the GTI, the BMW 320i, and the late Mercedes-Benz C107 models, and to me the 931 compares pretty favorably. If you’re looking for a fun package for not a ton of money, they seem like a worthy option. Today I found a late Series 2 car in a rare shade, so let’s take a look:

CLICK FOR DETAILS: 1982 Porsche 924 Turbo on eBay

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1980 Porsche 924 Turbo

Back in October I took a look at a very nice 931 over in Europe for sale; one of the best examples I’ve seen on the market recently:

1979 Porsche 924 Turbo

931s are broken into two periods – Series 1 (launch in ’79 -late ’80) and Series 2 (’81-’82). Series 2 cars all had the 5-lug, 4-wheel disc upgrade that only some of the Series 1 were equipped with. Additionally, they had a revised ignition system, improved intake, higher compression pistons but a smaller turbocharger, and the transaxle was shared with the B2 Audi inline-5s. Today’s example is loaded like most and comes from the end of the first series, so it has power windows, locks, mirrors, air conditioning, rear wiper and sunroof. It also has the M471 package, which added Koni shocks, 5-bolt forged 16″ wheels, 928 calipers with 911SC vented discs, larger swap bars, a quicker steering rack, and a small-diameter four-spoke leather covered steering wheel. Outside of the wheels, these changes were mostly invisible to the eye, and generally speaking don’t make a difference in the value of the vehicle. What does is condition, and when you’re looking at a 924 Turbo you want to buy the best one that you can afford. Is this the one?

CLICK FOR DETAILS: 1980 Porsche 924 Turbo on eBay

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1979 Porsche 924 Turbo

Because it’s an early 1980s Porsche and the model ends with “Turbo”, it must be automatically unaffordable, right? Not so fast. While the air-cooled market has lost some of its forced-induction steam as of late, few would consider the 930s out there “cheap”. But there is still plenty of value in the transaxle marketplace; and from early 928s to the fledgling 924 Turbo, automotive journalists are pegging these cars as the ones to buy before they, too, head upwards.

The 924 Turbo, or 931 internally, was a huge upgrade from the standard 2.0 924. The addition of a KKK K26 turbocharger and 6.5 lbs of boost did the best part of double the power in Europe – even in U.S. trim, an impressive 140 horsepower was available. Yet they developed a reputation as expensive to run and finicky; when later, equally powerful normally aspirated 944s and even more potent 944 Turbos came along with fewer drawbacks, the 924 Turbo fell into relative obscurity. Today, find a good one though, and it’s a recipe for an instant classic collectable:

CLICK FOR DETAILS: 1979 Porsche 924 Turbo on eBay

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1981 Porsche 924 Turbo

The major problem with yesterday’s 924 is as I noted the number of other 924s that are out there. So while the $2,000 asking price for a rare bit of Porsche history sounds like a steal on paper, when it comes to the 924 it is a completely different scenario.

Take today’s 1981 924 Turbo, for example. Like yesterday’s, its a survivor rather than a show piece. Also like the M471-equipped ’80, this ’81 931 sports the upgraded brakes, suspension, forged 16″ wheels, mudflaps and rear spoiler. Unlike yesterday’s car, though, this one has some serious advantages. First off, it’s a Turbo, and while the M471 924 is much more rare to find, the forced-induction model is substantially more desirable and valuable right now. Second, this one is in better shape than the Diamond Silver Metallic example. And, of course, it’s got an automatic advantage of being in running and driving condition. So how much extra does this all cost you? A lot less than you’d think:

CLICK FOR DETAILS: 1981 Porsche 924 Turbo on eBay

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Double Take: 1981 and 1982 Porsche 924 Turbos

Recently I looked at the Porsche 924S. For $5,000, it was a ridiculous deal. A decent chunk of 924s appear in good shape from loving homes and that particular 924S looked no different. Lower miles and Euro bumpers only added to its appeal. But not all 924s are created alike. The early Turbo model has been on the rise in value as collectors have begun the hunt for the next deal. That means there’s been speculation among asks on the 931, and prices are all over the market. In January I looked at a solid 1980 that sold for just over $4,000, while a later ’82 I looked at last year sold at nearly triple that amount.

Today we get to see both ends of the spectrum from this duo of ’81 and ’82 931s. And there is more that is interesting beside just the asking prices:

CLICK FOR DETAILS: 1981 Porsche 924 Turbo on eBay

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