5 Most Overpriced Classic Porsches (5 That Are Worth Every Penny)
Porsche makes some of the best cars in the auto industry – most of which are praised by the entire gearhead community. The German brand may have gone through some difficult times in the past, but the company is now stronger than ever.
Porsche started out as an engineering consulting firm – which they technically still are – and designed and built the original 911 using the existing VW Beetle parts. The firm grew in popularity and ended up building cars for VW and Mercedes-Benz in the 1970s, 1980s, and 1990s. By the early 2000s, Porsche became regarded as a proper automaker, even though they still keep the ridiculously long name Ferdinand Porsche gave it. While their cars are almost always spectacular, some models became extremely popular to the point where they now cost a fortune to purchase. Just look at the original 911 Turbo – adding one to the collection will cost anywhere from $200,000.
Porsche may make some of the best cars on the market, but some are simply too expensive to enjoy fully. Here are five of the most overpriced classic Porsche models you can get and five are worth every penny charged.
10 Overpriced – 2018 911 Turbo Classic Series ‘Project Gold’ – $3.42 Million
Like many automakers, Porsche builds special versions of their older cars, but for modern buyers. Jaguar Does the same by building brand-new D-Types using 1950s technology. One of the cars the German manufacturer builds ‘new’ is the 993-generation 911.
As many know, the 993 was the last of the air-cooled 911 models and has a soft spot in the world of the sports car, but paying over three million Dollars for a new-old car is a bit excessive – even if it is a special version with gold flakes and special plaques commemorating the car.
9 Worth Every Penny – 1983 944 – $18,000
The Porsche 944 is one of the greatest models the company ever made. Designed as the upgrade and replacement to the 924, the 944 featured a proper Porsche engine from the get-go and sporty handling to compete with even the best sports cars.
With Porsche being Porsche, the 944 got better with each passing iteration and by the end, it had a turbocharger and a punchy 2.5-liter 4-cylinder. The 944 is still quite cheap, and they are worth every single dollar of their used price.
8 Overpriced – 1992 968 – $164,000
While the 944 was great, the 968 was even better. It was basically the 944’s most refined version, but as a result of the low sales and high cost when it was launched, prices on the used market have skyrocketed.
The 968 followed the 928’s styling, rounding off the car a bit more and adding the characteristic 1990s design language. While it’s great, the 968 does not deserve the high used prices, with one example reaching a ridiculous $164,000 on auction.
7 Worth Every Penny – 1983 911SC – $55,000
The original 911 changed a lot and also not that much back in the 1960, 1970s, and 1980s. One generation that remained mostly the same – visually – was the 930 generation. While the 930 Turbo is the one to go for, the cost is absolutely outrageous for the famous ‘Widow Maker’.
A far more affordable model of the same ear is the 911SC. It looks fantastic, drives even better, and holds its value like a classic piece of art. The 911SC seems to be a solid investment, just behind the 911 Turbo and 550 Spyder.
6 Overpriced – 1956 550 Rennsport Spyder – $6.1 Million
The 1950 are filled with racecars-turned-sports cars which took the automotive world by storm. One of these cars is the Porsche 550 Spyder. The 550 was developed after the precedent set by the 356 and is the predecessor to the 718 racing models of the late 1950s and early 1960s.
The 550 Spyder attributes its success to the performance, weighing in at only 1,212 lbs (550 kg) and produces 108 hp from its 1.5-liter flat-4. The 550 also gained fame as it was one of James Dean’s favorite cars – in which he sadly lost his life. The most expensive one sold at auction cost $6.1 million – which is a bit overpriced if you ask us.
5 Worth Every Penny – 1969 912 – $100,000
The Porsche 911 of the 1960s was still a new model, building on the Beetle and 356’s success. As the 911 gained more popularity, Porsche introduced a cheaper version designated as the 912 – which used a flat-4 instead of a flat-6.
The 912 may be the entry-level 911 trim, but today it garners quite a lot of money on the used classics market. The 912s out there continue to climb in price, which results in quite a good investment – or as a great addition to any collection.
4 Overpriced – 1991 911 Turbo – $300,000
The Porsche 911 964 generation is often regarded as just a modernization of the 930 generation. The Turbo model even used the same 3.3-liter turbocharged flat-6 as in the 930 Turbo, with power up to 320 hp as opposed to the normal 300.
The 964 Turbo is still a gorgeous and well-built car, but the fact that the chassis is from the 1970s diminishes the car slightly. Strangely, the 964 often sells for well over $150,000, with many going well above $300,000.
3 Worth Every Penny – 1988 928 S4 – $40,000
The Porsche 928 may not be the best of the sporty GTs in the company’s history, but at the prices they are selling at now, it is worth every penny. The 928 flipped the formula on the traditional Porsche car, showcasing a front-engine layout with a V8 rather than a flat-6.
Granted, the early 928s had some issues, but by the time the S4 version rolled around, the problems were sorted, and it turned into quite the good GT. Today, 928s are a bit on the rare side, but the prices are still within range of most enthusiasts, with a good one costing around $40,000.
2 Overpriced – 1970 917K – $14 Million
The Porsche 917K is a legendary racecar and paying $14 million for one is understandable, but once it’s bought, the only place the owner can drive it – if they ever drive it – is on a racetrack. This isn’t exactly ideal.
Like many of the classic racecars of the past, collectors buy the vehicle and keep it in storage or showcase it in a garage, before deciding to sell it again and making a profit. This is a bit boring as the cars are built to be driven, not casually ogled when passing.
1 Worth Every Penny – 1999 911 996 – $50,000
The Porsche 991 996 may not be the most liked of the model’s generations, but it is still a fantastic car. Granted, a good one will set you back around half the price of a new 911, but then again, it’ll be better than most other sports cars on the road.
The 996 is a brilliant sports car that can rival anything else on a twisty road. It also sounds great and if it gets boring, one can always swap the engine out – like Tyler Hoover did with his 996. Cheap models go for around $20,000, but a good one is around double that – but the new owner will not regret the decision.