Porsche - 924 (1987)

Porsche 924 enthusiasts often begin their research with the question, “What is the Porsche 924 price like today?” The iconic mid‑engine, rear‑wheel drive coupe first hit the market in 1976, with the 1987 model representing the pinnacle of the early production run. While specific figures vary by market, condition and mileage, buyers can generally expect a price range that reflects the car’s classic status and the preservation of original components. Below is a detailed snapshot of the 1987 Porsche 924, its key specifications, depreciation trends, and how it stacks up against its contemporaries.

• Model Year: 1987
• Engine: 1.7 L (1,702 cc) flat‑4 boxer, 110 hp, 123 lb‑ft torque
• Transmission: 4‑speed manual (standard) or optional 3‑speed Turbo‑Shift
• Fuel Type: Regular unleaded gasoline
• Drive: Rear‑wheel drive with Porsche 924 “A”‑Series chassis
• Dimensions: Length 4,887 mm / Width 1,726 mm / Height 1,318 mm; Wheelbase 2,550 mm
• Weight: 1,375 kg (7,613 lb) curb weight
• Interior: 2‑seat coupe, leather or fabric upholstery, manual climate controls
• Brakes: Front disc (dual‑ piston), rear drum (or optional rear disc)
• Suspension: Double wishbone front, torsion‑beam rear
• Optional Features: Turbocharger (after‑market), climate control, navigation, and upgraded suspension packages

Porsche 924 depreciation is a key consideration for any potential buyer. In the first year, a 1987 Porsche 924 typically loses **15 – 20 %** of its value, mainly due to the already-aged condition and high mileage that most imports have accumulated. Over the next three years, depreciation averages **25 – 30 %**, with the rate slowing as the vehicle ages beyond the 15‑year mark. Compared to newer sports cars, the Porsche 924’s resale trajectory remains relatively stable; many owners find that classic Porsche models appreciate within well‑maintained collector circles, especially when original parts and documentation are preserved.

When comparing the Porsche 924 price to similar models, the coupe stands out in its niche market. The 1976–1995 era Porsche 911 models often command higher premiums due to their iconic status and superior performance figures, but they also suffer steeper depreciation in the early years because of their higher demand and limited supply. On the other hand, the Porsche 928, a large, V8‑powered luxury coupe, generally trades on a slightly higher price point, especially for lower‑mileage examples. The 924, however, offers a more affordable entry into the Porsche lineup while still providing adequate power, lightweight handling, and a classic boxer engine heritage.

As for “what is a 1987