Porsche 911 (964) Carrera 4
1989–1994

Based on 20 verified auction results
£66,501
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.
Price History
MSRP
—
Collectibility
7/10
Highly Collectible
3-Year Forecast
£82,711
+24%
5-Year Forecast
£88,803
+34%
Market scores
57
Desirability
Moderate
55
Liquidity
Good
70
Resale Outlook
Spec Premium Engine
How spec moves the priceBuilt ≤ 1991
£255,000,027,250 median (n=12) vs £295,000,032,001 (n=8)
-14%
Computed from this model's verified auction sales. Premiums are the % difference between the median price of matching-spec lots vs the rest. Requires at least 3 sales on each side to be shown.
Marque analyst note
The Porsche 911 964 Carrera 4 has gained 9.8 percent over the past 12 months, settling at a median of £66,501 in the UK market. This steady appreciation aligns with broader strength in early-1990s 911 values, though the signal remains neutral given modest sample depth and market consolidation.
Moderate liquidity characterizes this segment, with 11 tracked transactions in the past year against a total sample of 20 cars. The absence of active listings suggests current inventory is tight, which typically supports price stability for well-presented examples but may lengthen time-to-sale for marginal specimens.
The 964 Carrera 4 carries a collectibility score of 7 out of 10, reflecting its standing as a highly collectible variant of an already significant production run of 13,353 units. The all-wheel-drive Carrera 4 occupies middle ground within the 964 range—less scarce than RS models but more desirable than base Carrera 2 variants—and condition and service history remain the primary value drivers.
Mileage on transacted examples averages 27,054 miles, indicating most market cars have been well-preserved and see occasional use rather than regular ownership. This pattern supports the appreciating-classic classification and suggests buyers are pricing for longevity and originality.
The base projection indicates 24.4 percent appreciation to £82,711 over three years, with further gains to £88,803 (33.5 percent) by year five. These gains assume continued demand for air-cooled 911s and steady collector interest in complete, low-mileage Carrera 4 examples, though sustained growth depends on the broader market's appetite for 1990s Porsches remaining stable.
Depreciation Benchmark
- Current avg value£66,501
- Annual appr. rate+9.8%/yr
- Segment average+3.0 to +9.5%/yr
UK Park (DVLA)
- Still licensed81
- SORN'd (off-road)146
- Total in DVLA records227
- % of production1.7%
- All Porsche 911s4,427
Best time to buy
Monthly price index vs. this model's averageBest deals on this model historically land in Jul (~18% below average). Avoid Dec, when competition drives prices higher.
Est. Annual Ownership Costs
- Insurance (agreed value)£550
- Maintenance£1,500
- Storage£2,400
- Depreciation— (appreciating)
- Total annual cost£4,450
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Market Liquidity
- Active Listings0
- Sales Last 12 Months11
- Sell-Through55%
Market Snapshot
- Active Listings0
- Avg Sale Price£61,180
- Avg Mileage at Sale27,054 mi
- Recent Price Range£40,100 – £135,500
- Total Sales Tracked20
Recent sales
Showing latest 20£40,250
Collecting Cars · 21 May 2026
£66,501
Collecting Cars · 24 Apr 2026
£49,000
Collecting Cars · 12 Mar 2026
£72,500
the-market · 6 Jan 2026
manual
£135,500
Collecting Cars · 9 Dec 2025
£50,000
Collecting Cars · 5 Sept 2025
£66,750
Collecting Cars · 3 Sept 2025
£75,000
Collecting Cars · 21 Aug 2025
£42,000
Collecting Cars · 30 Jul 2025
£67,000
Collecting Cars · 15 Jul 2025
Indicative only — not investment advice. Past performance is not a reliable indicator of future value.