Classic Classified: 1979 Porsche 911 Carrera Turbo
Classic Classified: 1979 Porsche 911 Carrera Turbo
From: Cars & Parts
Date: April 1986
Price then: $22,750 ($49,900 adjusted for inflation, about the cost of a new 2016 BMW 4-Series today)
Price now: $88,500 – $252,000
Approximate dollar difference: $202,100 (assuming No. 1 condition)
Annual rate of return: 5.5%
“Porsche 1979 930 Turbo, Silver exterior with black leather, power windows, air, alloys, just tuned and inspected, P-7’s, low mileage, mint $22,750”
Unless you’ve been living under a rock for the past three years, it is hard not to notice how rapidly Porsches have appreciated. It is also hard to deny that 911 Turbos had been leading the charge. Back in 1986, $22,750 was a significant amount of money for a used car. While this car was never actually affordable, knowing what these cars are worth today may make a few of us look back and think twice of passing up that used Porsche.
