The 964 generation represented a major turning point for the 911, with Porsche claiming 85% of its parts were new. The Carrera 4 debuted in 1989, a year ahead of its rear-wheel-drive counterpart, and it was the first production 911 to feature all-wheel drive. This complex system was derived from the 959 supercar, giving the 964 C4 exceptional all-weather stability and a unique driving feel.
The Carrera 4's blend of classic air-cooled engine character with modern features like power steering, ABS, and coil-spring suspension makes it very collectible. It offers a more planted and secure driving experience than the livelier C2, which appeals to drivers seeking a capable grand tourer. While not as pure for some track enthusiasts, its technological significance and usability ensure strong demand.
The market for the 964 Carrera 4 is mature, with an average sale price around $104,000. It's often seen as a more accessible entry into 964 ownership compared to the C2, especially in Targa or Cabriolet form. The vast price range reflects condition, mileage, and the presence of desirable modifications from builders like Singer or RUF.
Buying Tips
- Check for engine oil leaks, especially between the cylinder and cylinder head on 1989-1991 models which didn't have a head gasket from the factory.
- The original dual-mass flywheel is a known failure point; listen for rattling at idle and feel for vibrations. Many owners upgrade to a more durable single-mass flywheel.
- Test the all-wheel drive system. Ensure there are no warning lights on the dash, as diagnosing and repairing the hydraulic pumps and controllers can be expensive.
- Verify the climate control system's fans work on all speeds. The resistors often fail, and replacing them requires significant dashboard disassembly.
- Inspect the power steering system for leaks, a common issue on all 964 models.
Prices for the 964 Carrera 4 range from $16,000 for projects to over $1,200,000 for concours-level or heavily modified examples.
670 Porsche 964 Carrera 4 vehicles have been tracked across auctions and listings on Hypercars, with 64 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
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