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United States market

Porsche 911 (964) Carrera 4

1989–1994

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  • Lowest price

    US$46,250

    Since 2020

  • Median price

    US$104,600

    Since 2020 · n=18

  • Highest price

    US$1,075,000

    Since 2020

  • Sold cars

    18

    All time

  • Sell-through

    100%

    Of 18 lots

Porsche 911

Based on 18 verified auction results

HOLDStablehigh confidence

US$116,000

Market value · recent verified sales

-1.1%

12-month change

Fair Entry

Stable prices. Negotiate on spec and condition.

Prices have been flat (-1.1%). No strong directional signal.

MSRP

Collectibility

7/10

Highly Collectible

3-Year Forecast

US$127,055

+10%

5-Year Forecast

US$130,834

+13%

Market scores

54

Desirability

Thin

30

Liquidity

Moderate

50

Resale Outlook

Option premiums

What every option is worth.

  • Built ≤ 1990

    US$12,914-12%

    24 with · 13 without · high confidence

Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. 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 4 is holding steady at a median of $116,000, down just 1.1 percent over the past year despite thin trading activity and an absence of current listings in the tracked market. This modest retreat reflects a stabilization phase rather than any fundamental erosion in demand for this highly collectible generation.

The nine transactions recorded over the past twelve months underscore the thinness of the market, though the broader eighteen-sale sample since tracking began suggests there are buyers for well-presented examples. At these transaction volumes, price discovery is gradual and individual condition and provenance variations carry outsized influence on final hammer prices.

As a model that saw 13,353 units produced during its run, the 964 Carrera 4 occupies a middle ground between rarity and relative availability within the classic 911 landscape. Its all-wheel-drive configuration and modern-enough engineering place it in the appreciating-classic tier, with a collectibility score of 7 reflecting solid but not elite desirability among serious collectors.

The typical transaction car carries around 35,000 miles, suggesting most surviving examples have been carefully driven and preserved rather than thrashed or neglected. This mileage profile supports the model's reputation as a usable classic that owners tend to maintain to reasonable standards.

The three-year base projection stands at $127,055—a 9.5 percent appreciation from current levels—while five-year outlook reaches $130,834, or 12.8 percent cumulative gain. These modest but positive trajectories rest on steady collector appetite for air-cooled 911s and the 964's position as the final carbureted variant before the water-cooled 996 generation, a lineage advantage that should support gradual price drift.

Depreciation Benchmark

  • Current avg valueUS$116,000
  • Annual appr. rate-1.1%/yr
  • Segment average+3.0 to +9.5%/yr

Vehicle History Signals

  • Auction lots tracked41
  • Damage or salvage declared0 (0.0%)
  • No damage declared41 (100.0%)
No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

Est. Annual Ownership Costs

  • Insurance (agreed value)US$940
  • MaintenanceUS$3,220
  • StorageUS$3,220
  • Depreciation— (appreciating)
  • Total annual costUS$7,380
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months17
  • Sell-Through94%

Market Snapshot

  • Active Listings0
  • Avg Sale PriceUS$154,774
  • Avg Mileage at Sale35,033 mi
  • Recent Price RangeUS$46,250 – US$1,075,000
  • Total Sales Tracked18

Recent sales

Showing latest 18
  • US$50,029

    Bring a Trailer · 13 Aug 2026

  • US$95,500

    Bring a Trailer · 12 Aug 2026

  • US$56,964

    Bring a Trailer · 27 Jul 2026

  • US$46,250

    Bring a Trailer · 24 Jul 2026

  • US$56,000

    Bring a Trailer · 23 Jul 2026

  • US$212,000

    Bring a Trailer · 17 Jul 2026

  • US$115,500

    Bring a Trailer · 15 Jul 2026

  • US$116,500

    Bring a Trailer · 8 Jul 2026

  • US$116,000

    Bring a Trailer · 5 Jul 2026

  • US$127,000

    Bring a Trailer · 14 May 2026

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.