The Pick of the Day is an example of the brand’s first water-cooled, front-engine sports car
Classic air-cooled Porsches have gotten expensive, with prices even for 914 4-cylinder modes reaching $20,000 and the entry level for a decent air-cooled 911 starting at $30,000. These values would be for good driver-level cars, not low-mileage, all-original examples, which go much higher.
There’s a less-expensive solution, though, in the front-engine transaxle cars of the 1970s-90s, the 924, 928 and 944 models. These cars are starting to gain appreciating among Porschephiles, but they still can be acquired for very reasonable money.
This is well-illustrated by the Pick of the Day, a 1980 Porsche 924 with low mileage and in apparently great condition, and offered for less than $12,000.
This 924 is the best example of one of these cars I have seen in recent years. It is a true one-owner, all-original car, with only 43,000 miles since new, according to the New Britain, Pennsylvania, dealer advertising the Porsche on ClassicCars.com. If you look at the pictures, you can see that the 924 is an amazing time capsule.
The 924 was Porsche’s first water-cooled, front-engine road car, and it was originally designed to be sold by both VW and Porsche, a flagship car for VW and an entry-level car for Porsche to replace the 914. VW ended up pulling out of the deal and the project was taken over solely as a Porsche model.
When the 924 was introduced in November 1975, it was criticized for low performance. Nonetheless, the 924 was a serious sales success with more than 150,000 built during its 1977-1988 production run. More importantly, it introduced a new generation of buyers to the Porsche brand.
On another positive note, there are few Porsches that are as inexpensive to maintain as a 924. Even changing the cam belt in a 924 is a one-hour DIY job that can be completed by anyone with a decent set of tools who can follow the very simple directions. If you want a Porsche car without the service expenses, the 924 is for you.
According to the seller, this 924 is “the 381st one built in the US production run of 3,700 in 1980 and is in outrageously fine condition. You can be proud to own it, and excited to drive it.” The Porsche includes “every book, service record, tool kit, spare, jack, tire compressor from new, even the window sticker,” the seller adds.
There are a number of other interesting things about this car. When it was delivered to the owner, he had the dealer replace the standard alloy wheels with a set of factory 924 Turbo-style wheels and a 924 Turbo rear spoiler. Not liking the car’s cloth interior, the owner also had the dealer replace that interior with a Porsche factory vinyl interior.
These changes are included in the documentation with the car. The seller still has the original wheels and even has a new-old-stock factory dash cowl, a part that is all but unobtainable today.
If this car were a basic 911 in this condition, with this kind of documentation and low miles, it would likely cost around $90,000 in today’s market. But the 924 is just starting to warm the hearts of Porsche collectors, and as a result, this immaculate car is offered for only $11,900.
If I were to buy this car, I would get it professionally detailed and try to take home a trophy at every Porsche show I attended. That would be after I drove it to Monterey, California, in August and parked it in the Porsche Corral at Laguna Seca.
To view this listing on ClassicCars.com, see Pick of the Day.4 comments