What’s Up in the Forums: Stunning Porsche 968 Brings Big Bucks
It looks like Porsche’s long underappreciated front-engine cars might finally be getting the love they deserve.
As we all know all too well, Porsche’s suite of front-engine cars simply don’t garner the respect (or the exorbitant value) of their mid and rear-engine brethren. This includes the last of the front-engine cars, the Porsche 968. But the 968 was the ultimate revision of a breed that began as the 924 and later evolved into the 944. Its 3.0-liter four-cylinder engine produced a stout (at the time) 240 hp and 225 lb-ft of torque. Couple that with the balanced handling afforded by a 50/50 weight distribution, and you’ve got the makings of an excellent sports car.
And yet, Porsche 968 values are still lurking in the ultra-affordable range. So when we noticed that Rennlister Tarek307‘s stellar 1995 example brought big money over at Bring a Trailer, we were a little shocked. Not because it isn’t worth every penny, but because these are numbers you typically don’t see beside a Porsche 968, regardless of condition.
“I just sold a very nice 1995 Porsche 968 on BaT. The car was featured in an article on Road & Track‘s website and is currently getting scanned to be featured in an upcoming video game (won’t find out title till March). The bidding got very intense toward the end with the final bid being $36,250. When you add BaT fees this tells me 968s in this condition are worth close to 40. There were several bidders, too. This wasn’t just one big bid made on the car. The buyer is no newcomer to BaT and looks to have bought cars on there before. And just wired me a nice deposit.
I’m not posting this to “brag,” but to share with 968 owners that these cars are appreciating big time. Obviously ones in condition or comparable to this one. Hope you are as happy as myself and the buyer are. I said this 968 should and will “break the Internet,” and it did.”
Clearly, if you’re going to drop the cash on a Porsche 968, this was the one to do it on. In mostly original condition and with only 66,000 miles on the odometer, there aren’t many out there in nicer condition. Heck, the leather barely even shows any wear. But the victorious sales price isn’t even the best part of the story. That’s reserved for the fact that the new owner is also a Rennlister!
“Buyer here. LOOONG time lurker, first time poster,” says rggale. “Yeah, I paid out the proverbial **** on this one. I have a hunch that the 968 is just starting its upward momentum on the value curve. Air cooled 911s are unobtainable for most collectors. And while I know this is a biased crowd, are they even that much better? This car will provide tons of smiles at a small fraction of the cost, is far more rare, and Tarek’s particular example is in pristine condition with only the most tasteful mods.
I’ve got my drill ready to open up that air breather, and I have a set of original cups that have been waiting for the right car. But these rep turbo twists are not too bad either. Finally, transaxle cars are a true auto enthusiast’s holy grail. This car is not the fastest, the loudest, or sexiest. But as far as power and balance, they don’t come much better than this. I have a knack for transaxle cars. My other favorite car in my garage is an Alfa Romeo Milano Verde, the poster child of the “I’m not sexy but driving me is a religious experience” cars.
Super excited about this one. Hopefully for me, and all of you, we’ll see the values continue to rise.”
So it appears that everyone’s a winner here. The OP got a nice price for his car, and the new buyer is clearly excited about obtaining it. And it’s even staying in the Rennlist family! Even still, the OP is understandably a little sad to see this pristine Porsche 968 go.
“Ross, how about I just take care of the car while you own it? It can be both our car, but I’ll keep it here in CA?”
Buyer’s remorse, perhaps? Don’t worry, there are still plenty of reasonably priced 968s out there! For now…