Maybe you’ve been saving up for some time. Maybe you’ve had a nice run in the stock market (which, a bit surprisingly, hasn’t been too difficult in the last months). Maybe you’ve cancelled your holiday plans because of… we all know what. Anyway you find yourself with enough money to realize that dream you’ve nurtured for a long time – buying a 911.
For the following exercise we’ll assume your budget is around €100.000. We’ll also assume that although there’s a number of other really nice cars out there, it’s a 911 you want. You’re still open to different generations though, preferring if possible something a bit special, but knowing full well that the real “special” 911’s have price-wise left the earth’s orbit a long time ago. Given that, what does a budget of EUR 100.000 buy you today?
Fortunately the answer is quite a lot. And what is so fascinating in doing this exercise with the 911 is that it’s the only sports car I can think of where that budget buys you either a 5-year or a 50-year old car – and a few interesting ones there in between!
Below is my personal 911 top 3 for different types of usage. They are probably not the same as yours and luckily I should also add that you can have great 911’s for far less money – the 996 Turbo or the 997.2 4S are two that spring to mind for around half the budget. But today, we’ll look closer at the 100.000 top list.
Porsche 911 (930) Turbo 1978-1989
If you’re anything like me and grew up in the 70’s and 80’s , this was pretty much the coolest car around. The 911 had been available as turbo since the early 70’s, but 1978 saw the engine volume increased to 3.3 litres and the power boosted to 300 hp thanks to an intercooler. This was the one to have and as anyone who’s driven one knows, it’s not a car for the faint-hearted. The combination of a rear engine on a short wheel-base and a perceived 5-minute turbo lag leads to some pretty heavy over-steering. In the current days of digital safety systems, let’s just say it’s quite a refreshing experience! The rest of the package with the giant wing and the massive rear wheel arches is still spectacular to this day, as is the wonderful, analogue interior.
Refreshing as it may be, you should remember that this is now a 40-year old car based on an even older construction, so a 930 is not a daily driver. It is however a great car for special occasions and definitely solid enough for a weekend getaway.
You can find a good 930 Turbo for EUR 100′ but it will take a bit of effort. It’s well worth it though, and although prices have risen strongly in the last 10 years, the risk of 930’s starting to drop in value is very minor indeed.
Porsche 911 (996) GT2 or GT3
Moving on to the 996 range means going from the purists’ air-cooled engine to a water-cooled one, but that’s a move to the modern era that no one really disputes anymore. The reason for including both the GT2 and GT3 here is that the GT2 is turbo-charged and built on the wider 911 Turbo body whereas the GT3 is based on the leaner, regular 911 Carrera body with the naturally aspirated, legendary Mezger engine. This also means the GT2 is up roughly 100 hp on power on the GT3, depending on version. Both GT2 and GT3 were built from 2000 until 2005 and could be had in Clubsport version, with gripping bucket seats and other racing attributes.
Although none of them were homologation models, both cars feature a lot of racing technology and are both driving- and comfort-wise quite far from a regular 911. To enjoy them fully to the car’s full potential, you will want to take them to a race track now and then. When you do, it will no doubt be one of the greatest drives you can have until this day!
Pricing-wise the GT3 at around EUR 80.000 comes in around EUR 20.000 cheaper than a good GT2. Many GT’s have been modified but try to go for an original and if you do, it’s difficult to imagine a more entertaining and value-preserving use of your money!
Porsche 911 (991) Targa
The 991 range was built from 2011 until 2019 to a total of more than 230.000 cars, so this is very much the modern 911. It’s come a long way from the 930 we started with above, but 40 years later it’s still one of the very best sports cars you can buy. In the range and for the budget, I think a targa is a great combination of the coupé/convertible you want a daily driver to be, and a bit more special than the regular model. it also looks better and can be expected to preserve its value better with fewer built.
The Targa 4 (345 hp) and Targa 4S (395hp) started in 2014 and the GTS version (430 hp) was added in 2015. You’ll struggle to get that into your budget, but you’ll quite easily get in a Targa 4 or even a 4S. That also means enjoying the modern version of a naturally-aspirated engine… Targa or not, it’s stil difficult to predict how well a modern 911 produced in such large numbers will preserve its value, but you’ll sleep well knowing you have bought one of the best cars on the market at roughly half its price as new.
It’s amazing how much the 911 has evolved from its origins in the 60’s to today’s cars, and just as amazing is the price evolution these cars have seen in the last 10 years. That has also meant a change in the market, with many models (especially those more expensive than the ones listed here) looked upon more as an investment than the fantastic cars they are. The point of this exercise was not that – it was finding a great 911 for a €100.000 budget to enjoy on a Sunday, on a track day or everyday. As we’ve seen, that is still possible!