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Price opinion from advertisements and recorded sales. Not an inspection or a certified valuation.
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Reference photograph of a Porsche 944 Turbo
Valuation · Porsche · 951 · 1986-91

Porsche 944 Turbo

2.5L turbo inline four · 162 kW / 350 Nm · 5sp manual · RWD
CONSIDERRated within the $30k to $100k band · 56 of 94 at this money
Model value
$42,000
Must gain each year to break even
+11.7%
The projection does not clear it, and nor does most of the library.
CarQuant score
52/100
Scored against the $30k to $100k band, not the whole library
Evidence grade
Measured
Four or more recorded Australian sales
$42,000
$25,464 lowhigh $35,209
Calibrated to recorded sales
Nine Australian results between $25,250 and $61,000, including one chassis sold twice at plus 2.3 per cent. Restoration and colour predict price here; the odometer does not

Looking at a 944 for sale?

Put in the asking price and the odometer reading. You will see what this model should make at that reading.

Should make, typical example
$42,000
At about 120,000 km. Enter an asking price to compare.

Odometer only. Colour, options, history, condition and the photographs move it further, and that is what the report reads.

A person reads the advertisement and its photographs. Usually back within 48 hours. Read a real listing report

Price history

Today $42,000 · modelled median at five years $30,824
Solid line: the value this library has carriedDashed from 2026: modelled · even money $28,005 to $33,131
The green band is the even-money range and the one to plan on: half of outcomes land inside it. The pale band behind it bounds eight in ten ($25,464 to $35,209). The path is this model's own: it starts along the momentum of its recorded history and bends toward its projected median as the horizon lengthens, so no two cars share a future curve.

The verdict

A defensible case with reservations. Scores 52/100, ranking 56 of 94 in the $30k to $100k band. Demand durability is the strongest input, scarcity the weakest.
Running it costs about $5,550 a year (13.2% of value), which is what the economics score measures. All in, including the projected value change, it is $8,301 a year.
The model's five year median is $30,824, a -26.6% move, with the tenth percentile at $25,464.
Value calibrated to recorded sales.
Evidence
Measured9 recorded sales
Off its peak
-34%
Value band
tight
Multiple recorded transactions plus an aggregate source. Treat the level as reliable.
Scored against every recent Australian sale this library holds, half its values land within 11.2 per cent of the price paid and the rest miss by more, in either direction. Projections are therefore damped toward flat in proportion to how little is known, and the plausible band is never narrower than the error the model is known to make.
Short term (1-5 years)$8,301 a year all in, -26.6% median value move
Long term (10-15 years)Scarcity case already formed
Negotiate from$42,000

Recorded sales

Every recorded observation, and when
11 rows on record
$71k$45k$20k
20222023202420252026
the value this record published, year by yearnow $42kwhat the model expects across 74k–254k kmsoldcontext, excluded
Every row, with its price and note (11) ↓
Library value against the sold record
9 sales · median $42,999
Value $42,000
$25,250$61,000
Aug 2026Collecting Cars$46,750Sold
SOLD. 19 Aug 2026, Ashmore QLD, 175,782km indicated and not warranted. 1986 South-Africa-delivered car in the rare Pastel Beige, bare-metal respray with an engine rebuild, refurbished turbocharger and head about three years ago, reported winner of a Sydney Porsche concours. Eighteen dated entries from Peco Porsche Pretoria in March 1986. The top of the run
Jun 2026Collecting Cars$28,250Sold
1987 944 Turbo, 235,117km, manual, Ashmore QLD, verified. The first published Australian transaction for the model in this record. Heavily worn - back-solves to roughly $41,500 for a fair car at ordinary kilometres
Mar 2026Collecting Cars$25,250Sold
SOLD. 26 Mar 2026, Sandhurst VIC, 145,197 miles - 233,671km. 1987 United-Kingdom-delivered car, Guards Red, Koni suspension and a Fabspeed exhaust. Minor oil leak, air conditioning needs regassing, lumbar support inoperative, missing rear window trim, fading on a rear quarter. The weakest in the set
Sep 2025Collecting Cars$44,000Sold
SOLD. 2 Sep 2025, Watermans Bay WA, 205,549km with the odometer reported non-functional. SAME CAR AS THE JANUARY 2024 RESULT - same colour codes, same broken odometer reading, same itemised Buchanan Automotive recommissioning of October 2023, same Autohaus Hamilton book to a July 1986 pre-delivery inspection. Four owners now, the fourth having bought it in January 2024. Plus 2.3 per cent in nineteen and a half months on a car that covered no recorded distance
Jun 2025Collecting Cars$46,000Sold
SOLD. 19 Jun 2025, Sydney NSW, 171,288km. 1985 South-Africa-delivered non-sunroof car in Pastel Beige with the factory sunroof-delete and rear-wiper-delete options, nut-and-bolt rebuild with the engine rebuilt in 2024, and FIRST PLACE at the 2024 Porsche Club New South Wales Concours d Elegance. Second of the run, $750 behind another Pastel Beige restoration
Jan 2025Collecting Cars$35,750Sold
SOLD. 13 Jan 2025, Worongary QLD, 154,812km indicated and not warranted. 1988 South-Africa-delivered car in Alpine White, imported 2024 with a full DEKRA technical inspection completed in February 2024 before it left South Africa. Believed repainted
Nov 2024Collecting Cars$40,250Sold
SOLD. 18 Nov 2024, Highton VIC, 73,919km believed genuine. 1986 car rebuilt as a TARGA TARMAC RALLY CAR with a reported $40,000 spent: a 3.0-litre four developed for hill climbing, full roll cage, ATech bucket seats, Velo harnesses, perspex windows, coilovers, 996 Turbo front discs, air jacks. Signal Red with Snowy River Sprint boards. A finance security interest was logged against the VIN. The lowest-distance car in the set bar one, and mid-priced
Jul 2024Collecting Cars$33,250Context, excluded
SOLD. 26 Jul 2024, Darra QLD, 18,544km indicated with the odometer gear reported broken and the true distance unknown. 1988 TURBO S SILVER ROSE, one of 1,685 built for the 1988 model year, a different variant and excluded from this record - in the model-only Silver Rose over burgundy Studio plaid. Ex-Brunei, imported 2022, sun-damaged original paint, interior reupholstered 2024, boot mechanism faulty, air conditioning inoperative. The dearest specification in the range and the second-cheapest result in this record
Jan 2024Collecting Cars$42,999Sold
SOLD. 19 Jan 2024, NSW, 205,549km indicated with the odometer reported non-functional. 1986 car, Guards Red LM3A over Black A11, twenty-one years in the seller family and believed three owners. Buchanan Automotive recommissioning October 2023. RESOLD at Watermans Bay in September 2025 at $44,000
2022Collecting Cars$61,000Sold
SOLD. 26 May 2022, Melbourne VIC, 254,351km. The HIGHEST price in the set on the HIGHEST distance in the set
Feb 2022Shannons$53,500Context, excluded
COMPARABLE, NOT THIS MODEL. A 968 - the later development of the same transaxle platform - which frames where a good 944 Turbo can trade
9 completed Australian sales of 11 rows. Rows marked asking, no sale, or context are shown for honesty but do not count toward the evidence grade: an ask is not a transaction, a pass-in is a refusal, and a provenance or overseas result does not price the ordinary local car. The badge on every row is computed by the same rule as the grade, so the two cannot drift apart.

Score breakdown

Against the $30k to $100k band median
94 cars in band · ink tick marks the median
Ownership economics30% of total
48/100-7
Scarcity25% of total
36/100-17
Demand durability20% of total
64/100-2
Liquidity15% of total
61/100+9
Risk resilience10% of total
62/100+26
Sub-scores run 0-100 before weighting; the weighted total is 52/100. Medians are computed live from the 94 cars currently in the $30k to $100k band, so this picture moves when the library does.
The working behind each factor: baseline and drivers ↓
Ownership economics30% weight
48/100
Baseline72 pts
− 9.6% of value a year to run - the same bills against a smaller value-24 pts
Sub-score (baseline plus drivers, clamped 0-100)48 pts
Scarcity25% weight
36/100
Baseline20 pts
+ An estimated 380 survivors of a small ADM allocation+16 pts
Sub-score (baseline plus drivers, clamped 0-100)36 pts
Demand durability20% weight
64/100
Baseline32 pts
+ Transaxle-era revaluation, led by exactly this model+24 pts
+ Priced against 911s that already left+8 pts
Sub-score (baseline plus drivers, clamped 0-100)64 pts
Liquidity15% weight
61/100
Baseline13 pts
+ 56 days on market+34 pts
+ A dozen sales a year+14 pts
Sub-score (baseline plus drivers, clamped 0-100)61 pts
Risk resilience10% weight
62/100
Baseline86 pts
− Interference engine on a neglected belt-14 pts
− Deferred maintenance economics on cheap-era cars-10 pts
Sub-score (baseline plus drivers, clamped 0-100)62 pts
Model output, not advice or a valuation. Verify independently before acting.

What it costs to own · about 3,200 km a year

Annual cost of access, excl. fuel
$5,550a year
Share of value per year
13.2%
Scheduled servicing$1,40025%
Tyres, annualised$70013%
Registration and CTP$75014%
Insurance$1,20022%
Sinking fund (failure table)$1,50027%
All-in annualised (a different number)
Purchase (model value plus duty)$43,680
Running costs × 5 years$27,750
Median exit, net of selling cost$29,924
All-in annualised over 5 years$8,301/yr
Share of value per year19.8%
Cost of access is what the car costs to run. All-in annualised adds depreciation, duty and selling costs across a five year hold. They answer different questions and are labelled separately for that reason.
Break-even appreciation, 5 year hold
11.7%a year, only to get the money back
This library projects
-6.0%a year
The projection falls 17.7 points a year short of the hurdle. On these assumptions this car is a cost, not an asset, which can be an entirely rational thing to buy but should be bought knowing it.
Purchase$42,000
Stamp duty$1,680
Running costs x 5 years$27,750
Selling cost at exit, 2.1% of the salescales with price
Sale price needed at +5 years$72,994
Storage
Bought at
No forecast is used to compute the hurdle. It is the purchase, the duty, any premium and 5 years of running cost, grossed up for the cost of selling and spread back over the hold. The projection it is measured against is the weakest number in this product and is drawn that way in the chart above. Transport, finance and any restoration spend sit outside it.

Specification

Engine2.5L turbo inline four
Power / torque162 kW / 350 Nm
0-100 km/h6.3 s
Transmission5sp manual
DriveRWD
Kerb weight1,350 kg
Built worldwide25,000
Delivered to Australia600
Effective AU survivors380
Australian sales / year12
Typical days on market56 days
Launch price$112,000

What moves the price on this model

Colour hierarchy
Guards Red+3%
Alpine White+2%
Zermatt Silver+1%
Black0%
Options
Documented timing belt within interval+8%
Turbo S / 250 specification+15%
Original unmodified boost system+6%
Odometer sensitivity±0.3% per 10,000 km vs 120,000 km
Applied on top of these

Condition, history, originality, ownership, delivery and modification multipliers apply to every car in the library. They are applied automatically when an advertisement is analysed, and the schedule is set out once, on the analyser page.

Projected value in five years

Projected value at five years
$30,824
-26.6% on today
The model's figure. Today it is $42,000.
Even odds it lands between $28,005 and $33,131.
$25,464 lowhigh $35,209
The shaded range is even money and 18% wide; the outer figures bound eight outcomes in ten. Band width follows the evidence - a model with a tight measured record carries a tight band.
A weaker five year outlook than 100% of the library.
-26.6% weakest projected move in the librarystrongest +73.1%
Five-year cost of ownership
Value change alone: -$11,176 across five years.
Running costs over the same period: $27,750.
Duty and expected selling costs: $2,580.
Net cost of five years of ownership: $41,505, or $8,301 a year.
The projected value fall is added to the running cost. Depreciation is the larger number here.

The case for and against

The case for

The performance pick of a whole Porsche era being repriced, with the 968 and 928 already posting public results underneath it. Scarce in Australian delivery and mechanically honest when maintained.

The case against

Nine Australian results, and price has fallen about $5,500 a year across them. A maintenance history requirement that most cheap-era owners did not meet, and the ceiling is watched: transaxle cars follow the 911 market rather than lead it.

Known faults and risks

Risk 1Timing belt neglect
Risk 2Turbo and boost system wear
Risk 3Cheap-era deferred maintenance
Timing belt and rollers service$2,500
Turbo rebuild$4,500
Clutch (engine-out labour)$3,800

Similar cars, and what they cost to run

Evidence behind this valueMeasured · 9 recorded sales
Carried value
$42,000
Historical price
2016 · $38,0002026 · $42,000
Measured
Multiple recorded transactions plus an aggregate source. Treat the level as reliable.
Nine Australian results and the odometer explains nothing at all

The correlation between distance and price across the nine is PLUS 0.043 - not weak, not the wrong sign, simply absent. The two results that prove it: $61,000 at 254,351 kilometres in May 2022 and $28,250 at 235,117 kilometres in June 2026. Nineteen thousand kilometres apart and the higher one made more than double. This is the second record in the library where distance does not price the car, alongside the MX-5 NA, and it is now the flattest: kmPct moves from 1.0 to a nominal 0.3 and no thesis written off this record should lean on the reading.

Read the rest of the evidence notes (10 more)
What does price a 944 Turbo

Is belt and water pump history, whether the car has been off the road, and interior condition on forty-year-old plastics.

The value moves $58,000 to $42,000,

Which sits between the mean of the nine at $41,139 and the median at $42,999. This record carried forty per cent above what the model actually trades at. SOURCING: aggregator-surfaced results, unconfirmed against the auction house, the weakest evidence grade here.

Revalued August 2026, $72,000 to $58,000, on the first real transaction

A 1987 944 Turbo with 235,117 kilometres sold from Ashmore, Queensland in June 2026 for $28,250. That is a worn car - nearly twice this record's expected kilometres - and the site's own adjustments back-solve it to roughly $41,500 for a fair standard example. A value of $72,000 asked the market to believe a good car is worth two and a half times a running, driving, complete one, and no evidence supported that.

Where $58,000 comes from

Above the back-solved fair car by the margin a genuinely good example earns, and consistent with the 968 - the later, torquier, better-built development of the same platform - at $53,500 in February 2022. A 944 Turbo in strong order should clear a 968, not double it.

The honest weakness

One sale of one high-kilometre car is a floor measurement, not a market. The first good-condition Australian result will move this number and should.

Why the model stays interesting at the new price

The 951 was the transaxle Porsche done properly - 162kW, balanced to near 50:50, and the fastest four-cylinder production car of its day. The market has never paid transaxle Porsches what air-cooled 911s of the same era earn, and after thirty years of waiting for that to change, the honest reading is that it is the value, not a mispricing.

A seventh repeat sale, and it was already sitting in this record unnoticed

The $42,999 result of 19 January 2024 and the $44,000 result of 2 September 2025 are the same car. Both read 205,549 kilometres. Both are Guards Red LM3A over Black A11. Both recite the identical Buchanan Automotive recommissioning of October 2023 at 205,549 kilometres, itemised the same way down to the injector baskets and the washer valves, and both carry the same twenty-four-entry Autohaus Hamilton book running back to a July 1986 pre-delivery inspection. The first listing says three owners from new and twenty-one years in one family; the second says four owners including a current owner of one year - which is exactly what the January 2024 buyer became.

Plus 2.3 per cent in nineteen and a half months, and zero kilometres

The odometer is broken and did not move, though the car did, from New South Wales to Western Australia. It is the third repeat sale in this library to come back up, after the WRX GC8 at plus 1.5 per cent and the AP2 S2000 at plus 13.1. On a car this old and this distance-blind, holding value flat across a year and a half is the finding.

The lowest-distance car in this record is also one of the cheapest, which settles the odometer question for good

A Turbo S Silver Rose showing 18,544 kilometres made $33,250 in July 2024 - the rarest variant here, 1,685 built, and the second-weakest result on the page - while a 254,351-kilometre car made $61,000. Across the nine counted results price correlates with distance at plus 0.043, which is to say the wrong way and not at all. The 0.3 per cent penalty this record already carries is right and is left alone.

What does predict price is the date and the paint

Price against time correlates at minus 0.687 and implies about $5,500 a year; distance and date are near enough independent at minus 0.125, so the two separate cleanly and together explain 47 per cent of the variance. And the two dearest results in the record, $46,750 and $46,000, are both Pastel Beige cars that have been through a full rebuild and won or placed at concours - one of them first at the 2024 Porsche Club New South Wales Concours d'Elegance. The two cheapest, $25,250 and $28,250, are both Guards Red United Kingdom imports past 230,000 kilometres. Restoration and colour, not the odometer.

This page prices the model.
The report prices the car in the advertisement.

Send the link. A person reads the advertisement and its photographs and sends back what that Porsche 944 Turbo is worth, what to offer and when to walk away, with five years of costs at the distance you drive.

Read a real listing report

Backed by 9 recorded Australian sales of this model. Read a complete one on a real car first. Seventeen sections, no account, nothing to pay.

This model, today$42,000
Half of sales are further out than$4,695
The report$249
19×
the price of the report: what half of real sales of this model sit further from this page's number than, on this car
Watch this model
Told when the next one is called.

One line of email when this desk publishes a call on a Porsche 944 Turbo, or records a new Australian sale of one. Nothing else, no schedule, and on a quiet model you may hear nothing for months, which is itself worth knowing about a car you are chasing.

Free. One address, one model, and no account.
944 for sale?Priced by a person, $249