Tony’s Take:
The market for the 1989 Porsche 911 Speedster is strong, with some examples selling for significant sums at recent auctions. Low-mileage examples are highly sought after and can command high prices. For example, a 1989 Porsche 911 Speedster with only 127 miles on the odometer sold for $296,500 at the Broad Arrow auction, while another example with 11,411 miles sold for $235,200 at the Gooding & Company auction.
Based on recent sales of low-mileage 1989 Porsche 911 Speedsters, it is reasonable to expect that this particular car will sell for around $250,000. However, some dealers may request more, and if the car has a good history, it could easily reach $275,000 or more, which is approximately 10% more than the expected selling price of $250,000.
The silver and white colors have performed well in recent sales of the 1989 Porsche 911 Speedster, with some examples selling for higher prices than more common colors like guards red. For example, the 1989 Porsche 911 Speedster that sold for $235,200 at the Gooding & Company auction was finished in silver metallic, while another with 127 miles that sold for $296,500 at the Broad Arrow auction was finished in silver gray metallic.
It’s worth noting that the difference in color can have a significant impact on the price of the car. For instance, the silver 1989 Porsche 911 Speedster with 11,411 miles that sold for $235,200 at the Gooding & Company auction commanded a premium of 27% more than the guards red 1989 Porsche 911 Speedster with 21,935 miles that sold for $184,800 at the same auction.
However, the final sale price of a classic car is influenced by many factors beyond just its color and mileage, such as the car’s condition, originality, provenance, rarity, and market conditions. Nonetheless, the 1989 Porsche 911 Speedster remains an iconic sports car that is highly sought after by collectors and enthusiasts for its timeless design, performance, and driving experience. This particular car represents a rare opportunity to acquire a well-preserved, iconic sports car that is sure to hold its value well into the future.
Production:
This Porsche is one of 823 US-market examples produced for the 1989 model year.,
In 1989, the highly anticipated Speedster sold only 2,104 units, with most featuring Turbo-look wide-body configurations. About 800 were sold in the United States, with the remainder going to Europe. (Supercars.net)
Performance:
This Porsche is powered by a 3.2-liter flat-six engine with Bosch fuel injection, paired with a G50 five-speed manual transaxle, and limited-slip differential. It was factory rated at 215 horsepower and 195 lb-ft of torque. The car has a 6,300-rpm redline and a 170-mph speedometer.
Style: “Turbo Look” Speedster
It features widened rear bodywork shared with the contemporary 911 Turbo, a fiberglass twin-hump convertible-top rear deck, and a shortened windscreen and side windows when compared to the standard Carrera. It is finished in Grand Prix White over Marine Blue partial leather upholstery. Equipment includes body-color 16″ Fuchs alloy wheels, fog lights, rear bumperettes, a blue soft top, a fiberglass twin-hump convertible-top cover panel.
Price:
The car’s original window sticker price was listed at $71,028, and it is currently being offered by a Florida dealer. $150k to $300K range
Previous Sales:
Model | Mileage | Auction | Price |
---|---|---|---|
911 Spdster | 127 miles | Broad Arrow | $296,500 |
911 Spdster | 21,935 miles | Gooding & Company | $184,800 |
911 Spdster | 11,411 miles | Gooding & Company | $235,200 |
Highest Sales:
Year | Model | Mileage | Auction House | Price |
---|---|---|---|---|
2019 | Porsche 911 “Der Letzte Speedster” | 260 mi | RM Sotheby’s | $379,000 |
2022 | Porsche 911 Speedster | 62 mi | RM Sotheby’s | $368,000 |
2016 | Porsche 911 Carrera Speedster | Unknown | Gooding & Company | $363,000 |
Overall, this Porsche 911 Speedster offers a unique and stylish design with impressive performance capabilities. It was produced in limited numbers and is considered a desirable collector’s item among Porsche enthusiasts.
Make | Porsche |
Model | 911 Speedster |
Year | 1989 |
VIN | WP0EB0915KS173497 |
Total Produced | One of 823 US-market Examples for the Model Year |
Number of Owners | 5 Autocheck |
Mileage | 11k |
Condition | ★ ★ ★ ★ |
Price When New | $71k Inflation Calculator |
Highest Previous Price | $368,000 ( Dec 10, 2022) |
Auction House | Bring A Trailer |
Auction Date | March 23 |
My Prediction | My guess: “Reserve not met.” Market says $250k Dealer will want more for the quality. |
Hammered At |