It’s not often you’ll see the word “affordable” associated with Porsche. However, as with any vehicle, Porsche depreciates. Additionally, as is the case with many sports cars and luxury vehicles, they depreciate pretty heavily. Despite how crazy the used car market is right now, there are still some affordable ways to step into a used Porsche. If you’re looking for the Stuttgart experience but don’t have over $100,000 to blow on a car, here are five great options with far more modest price points.
996 911 Targa
Though many still consider the 996 to be the ugliest and least-loved Porsche 911 generation, it has been getting a lot more praise as of late. Unfortunately for those who knew that they were great all along, that means prices are going up.
There is still an affordable option, though. The 996 Porsche 911 Targa is a bit less desirable than a 996 coupe. So, they’re a bit more affordable. They still have a punchy 320-horsepower six-cylinder engine and are available with a six-speed manual transmission, though. So, you still get the full Porsche 911 experience.
According to Hotcars, a budget of $34,000 is enough to land you in a 996 Targa that’s in good shape.
987 Cayman S
You can step into a much newer vehicle for a similar budget to the 996 Targa. The 987 Porsche Cayman S spans the model years of 2006 to 2012.
Unlike the Porsche 911, the Cayman uses a mid-engine layout. So, you’ve got a bit of extra storage space in the trunk behind the engine as well as the iconic Porsche “frunk.”
Don’t let its more affordable price tag fool you, though. The Cayman S features a 295 horsepower flat-six and a six-speed manual transmission. While it doesn’t quite have the acceleration performance of a 911, the Cayman is still a monster in the corners. So whether you want to have fun on your windy daily commute or want to hit weekend track days, the Cayman S is a solid choice.
For a top-tier 987 Cayman S, expect to spend about $32,000. Though, newer models may fetch more of a premium.
The Porsche 944 is often referred to as “the everyman’s Porsche.” Understandably so, as the 944 was a much cheaper vehicle than the 911. It features a front-engine, rear-wheel drive layout with an inline four-cylinder under the hood. However, the 944 has been on a rapid price come up.
According to Hagerty, just over the past year, the cost of a clean base 944 has spiked from $7,500 to $10,500. So, if you’re looking for the cheapest entry into an appreciating Porsche classic, the base 944 might just be your answer.
If you want to double that price point, the Porsche 944 Turbo is trending in at $21,000, which is over $5,000 more than where Hagerty valued it this time last year. Get em’ while they’re hot!
The 928 is a bit of a quirky offering from the late 1980s into the early ‘90s. While it used a front-engine layout like the 944, it was far from affordable. The 928 was a more “executive” vehicle that aimed more at the luxurious side of things.
The quirkiest part of the Porsche 928 is the V8 engine under the hood. It’s not quite as sporty as the other Porsche offerings from the time, but then, it’s not a sports car. It’s a grand tourer.
At any rate, a clean example of a base 928 trades for about $22,000.
You had to know this was coming, right? If there’s one person you don’t argue with about Porsches, it’s fashion icon and Porsche collector extraordinaire Magnus Walker. Walker once said that the 986 is the best vehicle for those interested in buying a Porsche to start with. He cited its handling capabilities and nature that forces drivers to learn to carry speed when they don’t have substantial acceleration as reasons.
It’s got a 2.7-liter flat-six that makes 225 horsepower, which is more than enough to have fun with. Best of all? Shoppers can find a clean example for well under $20,000.
Don’t hesitate! Prices seem to only be going up
No matter what affordable Porsche you’re looking into, chances are you should probably just go ahead and take the plunge. With used Porsches, you’re likely to run into a scenario where you at least get your money back if you decide to sell it. In many cases, it’s going to appreciate.
Whatever car you choose, you’re sure to enjoy it. After all, it’s a Porsche!