1999 was the first year of the new 911, and it’s been a debate ever since. But Porsche had to move forward from the air-cooled design ultimately, and the new 911 Carrera was happy to pick up the pieces. The smoothed out styling made the 911 more aerodynamic yet was instantly recognizable as being from Porsche. So, too, was the exhaust note; a flat-6 still powered the best from Stuttgart, but now it was water-cooled instead of air-cooled.
The Carrera 2 and Carrera 4 shared a 3.4 liter variant of the flat-6, the M96. Out of the box, these cars had 300 horsepower – a number that a Turbo would have been happy with only a decade earlier. VarioCam assisted the motor in both being smooth in its power delivery and, unlike the Turbos of yore, that power was available in most of the tachometer. 0-60 was gone in 5 seconds and flat-out, even the drop-tops could do 165 mph. They were comfortable, fast sports cars that were capable in the tradition of the company. And today, they are without doubt the most affordable way to get into the 911 range.
Those first 1999 911s came in Carrera 2 form meaning rear-drive only as Carrera 4s rolled out a bit later, but you could opt for either a Coupe or this car, a convertible Cabriolet. The Cabriolet stickered at $74,460, but in typical Porsche fashion as you added in options the price went up quickly. But today, these cars offer a great entré into Porsche 911 ownership:
When speaking of regular 911s, i.e. not the various limited-production variants Porsche has released, the Targa always has been my favorite model and among the Targas the 964 is the one I like best. With the Targa, I like the slightly different profile the roll hoop provides and really like the versatility of the Targa top. The 964 gives us a little more modern performance and refinement relative to the 911SC and 3.2 Carrera that preceded it and it looks just a little bit better. The problem is we very rarely see them. There aren’t a ton of 964 Targas out there and many of those I do come across really don’t seem to be in great condition. Alas.
This one appears to be an exception: a Grand Prix White 1992 Porsche 911 Carrera 2 Targa with what the seller has listed as a Cream leather interior (perhaps Linen?) and 130,935 miles on it. We aren’t provided any details, but it looks in really nice condition given the mileage. It’s pretty pricey. That isn’t surprising with 964 Targas, especially the Carrera 2, but this one is pushing things a little bit. Nonetheless it’s still great to take a look at one of these.
I never really know if I should post cars like these. The car itself I like a lot. It’s an Amethyst Metallic 1993 Porsche 911 Carrera 2 Coupe with matching interior and 40,500 miles on it. A low mileage, rare color, rear drive 964 is something I’m always on the lookout for. It’s got a few modifications – center exit exhaust from a 997 GT3, new headers, bronze/gold painted Cup wheels, upgraded suspension, and a couple other minor items – though the seller says most of the original parts come with the car. Overall it looks great. Not everyone will care for the choice in wheel color, but I think they contrast nicely with the Amethyst exterior. Regardless, wheels are easily changed.
That said, unless I’m missing something the price seems so out of line with the market that I’m not sure any serious buyer really will give it much consideration. Maybe the market changed while I wasn’t looking or maybe the seller has seen a few RoW cars with similar asking prices and figured this one should garner similar attention. I don’t know. Obviously, we can see where I landed on the decision of whether to post. I like this 911 enough and see them rarely enough that I thought it worth a closer look. But I’m not sure where we go after that.
1989 was a pretty important year for Porsche. It served as both beginning and end. As the final production year of the 3.2 Carrera (and the 930) it marked the end of the classic 911. With that end came a new beginning with the almost entirely newly designed 964. Its looks still showed a clear relationship with the 911s that preceded it, but it was reportedly 85% new and its rounder lines were a clear evolution of the design. Its underpinnings were decidedly more modern and refined as well. It was an important year.
Porsche had done something a little strange though. When it debuted the 964 it chose to be doubly bold by making the model release an entirely new model altogether: the Carrera 4. So for all intents and purposes 1990 was the year things really got rolling. The Carrera 2, possessing the traditional rear-drive 911 layout, finally made its debut in Coupe, Targa, and Cabriolet form. Unless you really have a desire for all-wheel drive in a 911, or would like to use your Porsche for winter duty, the Carrera 2 probably is the 964 you should be seeking. The Turbo is great as well, though much more expensive.
So here’s a nice example from an early model year: a Forest Green Metallic 1990 Porsche 911 Carrera 4 Coupe, located in Miami, with Tan interior and 101,162 miles on it.
Yesterday I wrote up a 911SC priced at top market (perhaps even above top market) and I will stick with that general theme here simply as an exploration of where some of these high priced cars are selling. That 911SC probably shouldn’t have been priced as high as it was given its overall condition and mileage. It’s a nice car, just not top market.
However, this Guards Red 1992 Porsche 911 Carrera Targa is befitting of that sort of price. The question simply is just how high the market has reached because the asking price here is quite a bit above the standard 964 pricing we typically see. That’s not unheard of for the 964 Targa because they’re pretty rare and from my experience the vast majority really don’t seem to be in great shape and have much higher miles. If we remove those issues do we have a six-figure car? Here is where we might find out.
I am going to return here to a long time favorite of mine: a Slate Grey Metallic 1990 Porsche 911 Carrera 2 Coupe with only 23,863 miles on it. Here the Slate Grey Metallic exterior, which is the part of this 964 I most strongly prefer, is contrasted with a Linen interior. I’m not sure I’ve come across a similar example. Most have had Burgundy interiors. If I’m honest, I prefer the Burgundy, but there is something about the brightness conveyed by this Linen interior and I can see how it would be appealing. And unlike many of the Linen interiors we see on either a Cabriolet or a Targa this Coupe should be a little easier to keep clean since it is more insulated from the elements. Both exterior and interior look in nice shape and I think this looks like a nice early 964.
This car grew on me quite quickly. When I first saw it I thought it was a nice enough 993 Coupe. The condition looks good and the mileage is pretty low. As I’ve looked at it more it’s not so much that any of those thoughts have changed, but rather that its overall appearance is much better than I thought. I believe I’ve said a few times before that I find white to be a color that works particularly well on some cars, while on others I don’t like it at all. I have never been able to figure out what makes such a stark difference to me – and I do think this is very much a personal thing.
As you’d probably guess I’m finding white to be particularly nice on the 993 and, of course, on this 993. Some of the 993 Turbos I’ve seen in white are even better! In this case it is the combination of interior and exterior that are really attracting me. This is a Glacier White 1997 Porsche 911 Carrera Coupe, located in California, with Cashmere Beige interior and 58,690 miles on it.
I’m starting to wonder if I’ve missed something with the 964 market. I’m speaking here of the standard models like the one we see here, not the various ultra-rare models that can command extremely high prices. Asking prices just seem way too high. The 964 indeed has become a more desirable model relative to its place among the air-cooled models only a few years ago, yet still while the rest of the market takes a few steps backward the asking prices for the 964 continue to go up. Perhaps it is because of those ultra-rare models and the significant premiums they command; sellers see a Turbo S fetching nearly $1M and think their Carrera 2 most certainly must be worth more than it is. Perhaps it’s the influx of RoW cars and the premiums those are commanding. I don’t know. Regardless, here again we have one that quite simply appears to be priced a good deal higher than it should be.
This is an Amazon Green Metallic 1994 Porsche 911 Carrera 2 Coupe, located in Pennsylvania, with Tan leather interior and 116,810 miles on it. To be clear, I like this 964. I think it’d probably make for a nice addition to anyone’s Porsche family. It looks in pretty good shape for the age and mileage and the color combination is a very attractive one – not eye catching and head turning, but subtle and quite pretty. I just don’t think it’s a $60K 911.
Let me start by saying that I do like this 911. I like it quite a bit actually. It’s a Black 1996 Porsche 911 Carrera Coupe with Tan interior and 38,769 miles on it. It looks to be in very nice condition, the mileage is low, it appears well cared for, and the colors – while not bold – are a combination I enjoy on almost any car. Even the modifications look to have been carried out well and pretty thoughtfully and the ad states that all of the original parts come with the car. So if you want to revert it to full originality, or just change out a couple of things here and there, then you have that option. I imagine it’s quite nice to drive as well!
All of that is good and I’ll go into some more details below. The problem: price. High asking prices aren’t an uncommon thing in the air-cooled 911 world, but this one just seems so high that I’m not sure what to make of it. You should easily be capable of finding a good 993TT for this money. I do wonder if part of the issue is the recency of the modifications, all stated to have been performed in the last 1K miles. Is the seller simply trying to recoup all of that expense? It’s the only thing that would make sense, but as we know you’re not getting your money back on modifications. So we have a nice looking, but high-priced 911. I feel like I’ve been here before.
I can never really begrudge sellers who are overly effusive about the cars they are selling, but sometimes it does frustrate me. In most cases, this applies to cars I really like, but which I feel are being presented in the wrong way. (I have a similar frustration whenever I see an ad from Toyota talking about how sporty the new Camry feels.) But I do get it, they’re trying to sell something and appeal to certain emotions.
This 964, a Midnight Blue 1993 Porsche 911 Carrera 2 Coupe, falls into this category. I really like this 911; it looks great, the color combination is one that I really enjoy, and with a fairly recent engine rebuild we would hope it’s ready to roll and provide many more miles of excellent motoring. But it also has almost 150K miles on it so why should I care about collector appeal?