993 generation water-cooled 1995 991 Porsche Turbo also seeing massive price appreciation
Classic Porsches and Ferraris over the last several years have been spectacular investments for their owners. With the huge appreciation that we have seen with water cooled 911s, it was just a matter of time before the market for newer, water-cooled 911s also rocket into the stratosphere.
The current generation 911 Turbo is running right around $159,200. For right around the same price, if not more, you can have a freshly restored 991 Turbo from the 993 generation.
Manufactured in 1995 and having a lower and wider stance, fatter tires, bigger brakes and a 3.6-liter twin-turbo flat-six engine producing 408 horsepower. With power distributed to all four wheels, the 991 Turbo sprints from 0 to 60 miles per hour in just 3.7 seconds, accelerating all the way past 180 miles per hour. Keep in mind that this is for a car that was manufactured over 20 years ago.
The specimen you see here is a fully restored example that is going to auction on October 15, 2016 at Silverstone’s Porsche Sale 2016. With just 66,712 miles on the odometer, it has already undergone a full restoration that included a new paint job, retrimmed interior in cream perforated leather, new exhaust system, wheel and brake refurbishment, amongst other things.
It was delivered new to the United Kingdom on August 16, 1995. In March 2015, it passed hands to its sixth owner who commissioned its full restoration. As an illustration of the quality of the work completed, 200 hours alone were spent polishing the exterior of the vehicle. A complete service book documenting mileage, a tool kit, leather wallet, owner’s manual and spare key are included in the sale. The only potential drawback is that this Turbo is right-hand drive.
The estimated selling price of this 991 Turbo is between $149,000 and $169,000.