Porsche 911 (964) Carrera 4
1989–1994
Lowest price
$109,000
Since 2020
Median price
$144,000
Since 2020 · n=3
Highest price
$162,500
Since 2020
Sold cars
3
All time
Sell-through
100%
Of 3 lots

Based on 3 verified auction results
$144,000
Market value · recent verified sales
+4.3%
12-month change
Hold or Wait
Appreciating but pace slowing. Patient buyers may find better entry.
Prices have been flat (+4.3%). No strong directional signal.
MSRP
—
Collectibility
7/10
Highly Collectible
3-Year Forecast
$158,704
+10%
5-Year Forecast
$163,754
+14%
Estimates based on 3 verified Australia sales.
Market scores
44
Desirability
Thin
30
Liquidity
Good
60
Resale Outlook
Option premiums
What every option is worth.
Built ≤ 1990
−$22,040-15%24 with · 14 without · high confidence
Limited-slip diff
+$10,000+7%3 with · 39 without · low 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 sits at AUD $144,000 in the Australian market, up 4.3 percent over the past year on a stable footing. With only three confirmed sales tracked in the last twelve months, the dataset remains narrow but consistent, suggesting a HOLD signal in the near term.
This generation represents one of Porsche's higher-volume 911 runs at 13,353 units produced, which tempers exclusivity but has not prevented a "Highly Collectible" classification on the back of the model's foundational significance in the marque's evolution. The Carrera 4's all-wheel-drive system and technical maturity have secured its standing in the appreciating-classic tier, though desirability remains moderate relative to rear-drive variants.
Liquidity in the Australian market is thin, reflected in the sparse transaction count and zero active listings at the time of assessment. This scarcity of movement makes pricing discovery challenging and suggests buyers should expect extended search periods and limited negotiating room once a specimen is located.
The base case projects the median to reach approximately AUD $158,700 within three years, representing a 10.2 percent gain from current levels. Over five years, the model is forecast to settle near AUD $163,750, or roughly 13.7 percent appreciation from today, assuming stable market conditions and no material shifts in collectibility factors.
These projections rest on the car's established credentials as a turning point in Porsche's technological narrative and the ongoing appetite for 1990s air-cooled models among classic collectors. However, the thin liquidity profile demands patience from both buyers and sellers navigating this segment.
Depreciation Benchmark
- Current avg value$144,000
- Annual appr. rate+4.3%/yr
- Segment average+3.0 to +9.5%/yr
Vehicle History Signals
- Auction lots tracked42
- Damage or salvage declared0 (0.0%)
- No damage declared42 (100.0%)
Est. Annual Ownership Costs
- Insurance (agreed value)$1,120
- Maintenance$3,050
- Storage$4,870
- Depreciation— (appreciating)
- Total annual cost$9,040
Market Liquidity
- Active Listings0
- Sales Last 12 Months1
- Sell-Through33%
Market Snapshot
- Active Listings0
- Avg Sale Price$138,500
- Avg Mileage at Sale—
- Recent Price Range$109,000 – $162,500
- Total Sales Tracked3
Recent sales
Indicative only — not investment advice. Past performance is not a reliable indicator of future value.