Three Porsches to Invest in Now

Words by Hagerty Insurance

Porsche 928

Prices for 356s and long hood 911s (1964-73) have gotten frightening of late, particularly the most desirable variants like four-cam 356 Carreras and the early 911S. Nevertheless, if you look hard enough, there are a few Porsches out there that remain affordable (for now), with a decent upside in the not-too-distant future. Here are three of our favorites:

  1. 1978 Porsche 928: We thought we’d lead with a water-cooled car, just to be contrarian— but let’s face it, the 928 was a technological tour de force. Even its unconventional looks are starting to grow on people 35 years down the road. The main problem with the 928 is that it’s a hideously complex car that takes an expert to maintain. Consequently, there are a lot of ratty 928s out there. For future collectibility, we like the first ones from 1978 (think “Risky Business”) in either classic silver or a bright color like minerva blue with the nutty op-art “Pasha” checked interior or a very late 928 GTS. A well-preserved low mileage example should provide a great deal of fun while appreciating nicely.
  2. 1974-77 Porsche 911: The train has already left the station on these cars, but occasionally a bargain still appears. Just five years or so ago, you couldn’t give these cars away. The thermal reactor-equipped U.S. cars from 1975-77 made tons of heat, and head and case studs proved to be not up to the environment. It was a well-known problem that caused people to shy away from any 2.7 liter 911. At this point, most surviving cars have either gotten professional rebuilds or engine swaps from later 3.0 or 3.2 liter cars. Collectors are drawn to the chrome trim and bright period colors not seen on the more somber 911SC and 911 Carrera. Prices have gone through the roof of late. Buy a sorted car in one of the Lifesaver colors like bright orange, yellow, or lime green and you’ll likely do quite well.
  3. 1976-79 Porsche 930: I just picked up the latest issue of Panorama (the Porsche Club magazine) and I was shocked to see a trio of seemingly well-cared for 930s in the $18,000 to $40,000 range. Incomprehensible—this was the performance car of the era. In fact, really, the only performance car of the malaise era when laws, regulations, lack of creativity, and generally bad karma nearly killed automotive performance for good. Sure, a bad one can inflict shock and awe on your bank account, but we’re not going to buy a crappy one, right? Have an expert check out any potential prospect and enjoy what could be one of the best under-fifty-grand automotive investments out there.

Go back