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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 Porsche 911 964 Carrera 4 holds a median price of $116,000 in the current US market, off 1.1 percent over the past year—a modest pullback that reflects broader stability rather than distress in early-1990s 911 values.

Transaction activity remains thin, with nine sales recorded over the past twelve months against an eighteen-sale lifetime sample, suggesting this model segment commands modest liquidity. Buyers should expect measured search periods and limited negotiating leverage when ready to move.

At 35,033 miles on average, transacted examples typically show moderate use consistent with weekend-driver status rather than garage queens. This mileage profile supports the market's current valuation and reflects realistic expectations for how these cars have been kept.

The 964 Carrera 4 occupies an appreciating-classic tier with moderate desirability despite its 13,353-unit production run. All-wheel drive capability and mid-range power distinguish it from higher-demand carrera and turbo variants, though solid engineering and period authenticity sustain collector interest.

A three-year base projection points to $127,055, implying 9.5 percent appreciation, while five-year outlook settles at $130,834 for 12.8 percent cumulative gain. These forecasts assume continued stabilization in the early-1990s air-cooled segment and no major supply shocks affecting comparable models.

Current conditions warrant a fair-entry assessment for buyers with patience and long holding horizons. The model trades near intrinsic value with room for gradual upside, though it lacks the momentum or scarcity that typically drives sharper gains in the collectible 911 market.

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.