Notices
924/931/944/951/968 Forum Porsche 924, 924S, 931, 944, 944S, 944S2, 951, and 968 discussion, how-to guides, and technical help. (1976-1995)
Sponsored by:
Sponsored by:

Price of new 944 in 1988?

Thread Tools
 
Search this Thread
 
Old 05-13-2019, 11:56 PM
  #1  
Julesman
Intermediate
Thread Starter
 
Julesman's Avatar
 
Join Date: Mar 2018
Posts: 30
Likes: 0
Received 0 Likes on 0 Posts
Default Price of new 944 in 1988?

Can anyone give me a rough estimate of what a new, base model 944 would have cost in the USA in 1988?

I don't need to know the exact MSRP. Just a ballpark estimate.
Old 05-14-2019, 01:44 AM
  #2  
944Time
Instructor
 
944Time's Avatar
 
Join Date: Apr 2005
Posts: 224
Likes: 0
Received 10 Likes on 9 Posts
Default

Originally Posted by Julesman
Can anyone give me a rough estimate of what a new, base model 944 would have cost in the USA in 1988?

I don't need to know the exact MSRP. Just a ballpark estimate.

I think in 1986 they were about twenty grand.

I have the receipt for my 1986 somewhere.


Old 05-14-2019, 10:42 AM
  #3  
Julesman
Intermediate
Thread Starter
 
Julesman's Avatar
 
Join Date: Mar 2018
Posts: 30
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by 944Time
I think in 1986 they were about twenty grand.

I have the receipt for my 1986 somewhere.


Thanks
Old 05-14-2019, 10:51 AM
  #4  
Julesman
Intermediate
Thread Starter
 
Julesman's Avatar
 
Join Date: Mar 2018
Posts: 30
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by 944Time
I think in 1986 they were about twenty grand.

I have the receipt for my 1986 somewhere.

That's about $46,000 in 2019 dollars.
Old 05-14-2019, 11:04 AM
  #5  
harveyf
Rennlist Member
 
harveyf's Avatar
 
Join Date: Aug 2009
Location: New Hill, NC
Posts: 2,224
Received 422 Likes on 302 Posts
Default

Not what you asked but my 1986 928 cost over $50,000 when it was new. Whew! Makes the 944 look like one heck of a bargain.
Old 05-14-2019, 12:14 PM
  #6  
Julesman
Intermediate
Thread Starter
 
Julesman's Avatar
 
Join Date: Mar 2018
Posts: 30
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by harveyf
Not what you asked but my 1986 928 cost over $50,000 when it was new. Whew! Makes the 944 look like one heck of a bargain.
That's about $116,000 in 2019 dollars. I always liked the 928's, but they were forever out of reach for me.
Old 05-14-2019, 12:24 PM
  #7  
Dave951
Burning Brakes
 
Dave951's Avatar
 
Join Date: Apr 2005
Location: Princeton, NJ
Posts: 861
Received 2 Likes on 2 Posts
Default

The window sticker MSRP for a 1986 944 in NY, USA was $24,500 + options you selected + vehicle prep and destination charges
Old 05-14-2019, 12:55 PM
  #8  
NelaK
Pro
 
NelaK's Avatar
 
Join Date: Apr 2016
Posts: 688
Received 44 Likes on 35 Posts
Default

Originally Posted by harveyf
Not what you asked but my 1986 928 cost over $50,000 when it was new. Whew! Makes the 944 look like one heck of a bargain.
I don't know about that.. I have a 1979 928 and parking it next to my 1987 924S (which is fairly close to the 944) - the two cars are worlds apart. The 928 makes the 924 seem like a basic stripped out go cart in comparison. I love both cars for what they are but one of them is 8 years older and has 16 way power adjustable seats and 4 zone climate control along with many other features that aren't standard even on 2019 cars.

One feels like a fun little sports car built on a shoe string budget and the other oozes luxury, performance and futuristic design.
Old 05-14-2019, 01:17 PM
  #9  
944Time
Instructor
 
944Time's Avatar
 
Join Date: Apr 2005
Posts: 224
Likes: 0
Received 10 Likes on 9 Posts
Default

Originally Posted by Dave951
The window sticker MSRP for a 1986 944 in NY, USA was $24,500 + options you selected + vehicle prep and destination charges

My first reply of $20K was a little bit off!

Price was $26,300!

+ lotsa tax.

According to an online inflation calculator (and who knows how accurate they are)
"What cost $28,500 in 1986 would cost $65,860 in 2018."




Old 05-14-2019, 01:21 PM
  #10  
J_D
Instructor
 
J_D's Avatar
 
Join Date: Jul 2016
Posts: 170
Likes: 0
Received 13 Likes on 7 Posts
Default

My window sticker is $26K and change.
Old 05-14-2019, 01:24 PM
  #11  
Julesman
Intermediate
Thread Starter
 
Julesman's Avatar
 
Join Date: Mar 2018
Posts: 30
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by 944Time
My first reply of $20K was a little bit off!

Price was $26,300!

+ lotsa tax.

According to an online inflation calculator (and who knows how accurate they are)
"What cost $28,500 in 1986 would cost $65,860 in 2018."
Your estimate for the 2018 price is a good one. I used the CPI-AUC for 2019 (about 255), divided by the 1986 figure of 110.
Old 05-14-2019, 01:24 PM
  #12  
87944turbo
Rennlist Member
 
87944turbo's Avatar
 
Join Date: Oct 2004
Location: Hoosierville
Posts: 2,188
Received 30 Likes on 21 Posts
Default

This thread has some good context. https://rennlist.com/forums/924-931-...-stickers.html

I believe the info listed in post #14 is for a base 944 in 1988 at $32,000. That sounds about right. The value of the dollar vs. the Deutsche Mark dropped pretty hard between 86 and 87 and is at least one of the drivers for the price hike. I'm just quoting round numbers, but it was somewhere in the neighborhood of 20%. My 87 turbo listed at around $47K, but then was discounted back down to around $39K. I have to imagine Porsche was having a hard time moving cars that cost 20% more one year than they did the year previous. The stock market here in the U.S had a huge correction in October 87 when the Dow lost nearly 20% of its value in one day!
Old 05-14-2019, 01:32 PM
  #13  
Julesman
Intermediate
Thread Starter
 
Julesman's Avatar
 
Join Date: Mar 2018
Posts: 30
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by 944Time
My first reply of $20K was a little bit off!

Price was $26,300!

+ lotsa tax.

According to an online inflation calculator (and who knows how accurate they are)
"What cost $28,500 in 1986 would cost $65,860 in 2018."
Another interesting thing: $66,000 is close to the price of a new, base-model Cayman, Boxster, or Macan.
Old 05-14-2019, 02:23 PM
  #14  
jeff968
Rennlist Member
 
jeff968's Avatar
 
Join Date: Dec 2003
Location: Connecticut
Posts: 4,533
Received 173 Likes on 119 Posts
Default

They weren't cheap. My 1992 968 stickered for $60,363. That's $111,000 today!
Old 05-15-2019, 03:31 PM
  #15  
Tom R.
Addict
Lifetime Rennlist
Member
 
Tom R.'s Avatar
 
Join Date: May 2001
Location: Mile High
Posts: 10,129
Received 98 Likes on 71 Posts
Default

Originally Posted by 87944turbo
This thread has some good context. https://rennlist.com/forums/924-931-...-stickers.html

I believe the info listed in post #14 is for a base 944 in 1988 at $32,000. That sounds about right. The value of the dollar vs. the Deutsche Mark dropped pretty hard between 86 and 87 and is at least one of the drivers for the price hike. I'm just quoting round numbers, but it was somewhere in the neighborhood of 20%. My 87 turbo listed at around $47K, but then was discounted back down to around $39K. I have to imagine Porsche was having a hard time moving cars that cost 20% more one year than they did the year previous. The stock market here in the U.S had a huge correction in October 87 when the Dow lost nearly 20% of its value in one day!
Originally Posted by jeff968
They weren't cheap. My 1992 968 stickered for $60,363. That's $111,000 today!
There is a reason the Japanese clobbered Porsche to the brink of extinction in the 90s. The value of the Mark was a big factor. Price a 300ZX compared to Jeff's 968. New technology v something that started life in 1977. The reality probably is the cars were deeply discounted to move them off the lot.

Where can we get a set of "handling bars"? Glad the salesman was up on technical terms.


Quick Reply: Price of new 944 in 1988?



All times are GMT -3. The time now is 10:05 PM.