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United Kingdom market

Porsche 911 (964) Carrera 4

1989–1994

Porsche 911

Based on 20 verified auction results

HOLDAppreciatingmedium confidence

£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

Oct 2023Today

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 price
  • Built ≤ 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
This model holds value better than its segment average — strong long-term hold.

UK Park (DVLA)

  • Still licensed81
  • SORN'd (off-road)146
  • Total in DVLA records227
  • % of production1.7%
  • All Porsche 911s4,427
DVLA quarterly data, last updated 2025 Q4. Licensed = currently taxed and on the road. SORN = registered as off-road (storage, restoration).

Best time to buy

Monthly price index vs. this model's average

Best 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
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

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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

  • £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.