Slipstream July 2021

Maverick Marktpreis is proudly sponsored by:
Maverick Marktpreis: 924
by Peter Wen, Region Merchandise Chair
What’s the most affordable Porsche model? Many
people would answer the 996, a first-gen Boxster, or
the early 928. All solid guesses. However, this dubious
honor goes to the little-talked-about 924. Excellence
magazine’s Buyer’s Guide priced it at $3,500-$6,000.
The 924 was developed as the entry level Porsche.
It is a two-door, 2+2 coupe, with an Audi-derived
95-hp inline four engine. It is Porsche’s first front
engine, first water-cooled, and first transaxle car.
Despite painfully slow straight line acceleration
(9.6 seconds, 0-62 mph), it was praised for its
balanced handling, styling, and reliability. It was a
successful model. It sold over 120,000 units from
1976 to 1985.
$32,500
Excellence magazine’s Porsche Buyer’s Guide offered these price
ranges for the 924:
$27,500
$22,500
$17,500
Hagerty Valuation Tool:
1987 924 S
$8,500 average value
924 ’18-’19 ’19-’20 ’20-’21
1977-82 $3.5k-$6k $3.5k-$6k $3.5k-$6k
1980-82 turbo $6k-$8k $6k-$8k $6k-$8k
1977-82 $4.5k-$8k $4.5k-$8k $4.5k-$8k
$12,500
$7,500
$2,500
$0
May 2018 Jan 2019 Sep 2019 May 2020 Jan 2020
Fun Facts: The 924 was the first of Porsche’s three front-engine,
four cylinder, transaxle models. It was followed by the 944 and the
968. It was built in Volkswagen’s plant in Neckarsulm, Germany.
“The term ‘transaxle’ is a combination of ‘transmission’ and ‘axle.’
The engine transmits power to the rear axle via a driveshaft
housed in a rigid cover pipe.” - Porsche.com
1978 924
Sold for $7,024 +$352 buyer fee
48k miles shown - TMU
Dolomite Grey / Grey
2.0L Inline-Four
4-speed manual
1987 924 S
Sold for $4,624 +$231 buyer fee
31k miles shown - TMU
Guards Red / Black
2.5L Inline-Four
3-speed auto
1987 924 S
Sold for $4,200 +$210 buyer fee
31k miles shown - TMU
Guards Red / Black
2.5L Inline-Four
3-speed auto
1988 924 S – Special Edition
Sold for $10,500 +$525 buyer fee
77k miles shown
Black / Gray & Burgundy
2.5L Inline-Four
5-speed manual
1987 924 S
Sold for $6,924 +$346 buyer fee
38k miles shown - TMU
White / Brown
2.5L Inline-Four, 5-speed manual
1987 924 S
Sold for $12,750 +$638 buyer fee
12k miles shown
Guards Red / Black
2.5L Inline-Four
5-speed manual
At Hagerty, our love for cars and their owners drives our
business forward, allowing us to offer you better
classic car insurance coverage for less.
20 July
21