Porsche 911 (964) Carrera 2
1989–1994
Lowest price
$56,000
Since 2020
Median price
$126,000
Since 2020 · n=7
Highest price
$200,000
Since 2020
Sold cars
7
All time
Sell-through
100%
Of 7 lots

Based on 7 verified auction results
$165,000
Market value · recent verified sales
+9.8%
12-month change
Hold or Wait
Appreciating but pace slowing. Patient buyers may find better entry.
Median sold price up 9.8% over the last 12 months. Hold if owned; chasing the trend at peak carries risk.
MSRP
—
Collectibility
6/10
Collectible
3-Year Forecast
$205,207
+24%
5-Year Forecast
$220,317
+34%
Market scores
57
Desirability
Moderate
55
Liquidity
Good
70
Resale Outlook
Option premiums
What every option is worth.
Sunroof / glass roof
+$42,342+34%4 with · 49 without · low confidence
Manual gearbox
+$31,285+25%23 with · 4 without · low confidence
Paint to Sample
+$28,906+23%3 with · 50 without · low confidence
Built ≤ 1991
−$20,218-16%32 with · 20 without · high confidence
Limited-slip diff
+$5,968+5%4 with · 49 without · low confidence
Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Prices are adjusted to the model's median mileage before comparing. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.
Marque analyst note
The 964 Carrera 2 sits at a median of AUD $165,000 in the Australian market, up 9.8 percent over the past twelve months—a steady advance that signals stable appreciation rather than speculative momentum. The HOLD signal reflects solid fundamentals without immediate urgency, positioning the model as a patient collector's choice.
Transaction data remains modest, with seven confirmed sales tracked over the review period, indicating moderate liquidity. This sample size is sufficient to establish trend direction but suggests buyers and sellers should expect deliberate rather than rapid deal closure in the local market.
The 964 generation achieved substantial production at just over 18,000 units, which anchors it firmly in the accessible-collectible tier rather than rare-air territory. Classification as an appreciating classic reflects its steady progression from modern used car toward established collector status, driven primarily by the model's engineering significance and position in Porsche's lineage.
Base projections suggest the median price could reach approximately AUD $205,000 within three years (24.4 percent appreciation) and AUD $220,000 over five years (33.5 percent). These forecasts assume continued market interest and normal maintenance of condition, without major shifts in supply or collector preferences toward earlier or later 911 variants.
With only one active listing observed, regional inventory remains tight relative to measured demand, a structural factor that typically supports price floors during normal market cycles.
Depreciation Benchmark
- Current avg value$165,000
- Annual appr. rate+9.8%/yr
- Segment average+3.0 to +9.5%/yr
Vehicle History Signals
- Auction lots tracked54
- Damage or salvage declared0 (0.0%)
- No damage declared54 (100.0%)
Est. Annual Ownership Costs
- Insurance (agreed value)$1,320
- Maintenance$4,870
- Storage$4,870
- Depreciation— (appreciating)
- Total annual cost$11,060
For sale now · 1 live
All live dealsMarket Liquidity
- Active Listings1
- Sales Last 12 Months0
- Sell-Through0%
Market Snapshot
- Active Listings1
- Avg Sale Price$124,071
- Avg Mileage at Sale—
- Recent Price Range$56,000 – $200,000
- Total Sales Tracked7
Recent sales
Showing latest 7Indicative only — not investment advice. Past performance is not a reliable indicator of future value.
