✦ Shifty Estimate
$56,900
▼ 14.5% · 12 mo- 12 months median
- $56K
- Sales, 12 months
- 9
- Original MSRP
- $75,150 · ▼ 24% since
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Chassis 964
1989 Porsche 911 Carrera 4 Cabriolet
1989 to 1994 · Convertible
Price history
Recent sales
18 sales
1990 · Black (700) · 110,000 mi · manual2026-08-13 · PLPremium$50,029
1990 · Guards Red (80K) · 91,000 mi · manual2026-07-27 · Vic$56,964
1990 · Baltic Blue Metallic · 172,000 mi · manual2026-07-24 · 11tm23$46,250
1991 · Guards Red · 66,000 mi · manual2026-07-23 · Steve_McQueen$56,000- 1990 · Marine Blue Metallic · 47,573 mi · manual2026-06-10 · sellmycar1$71,000
- 1990 · Black · 95,704 mi2026-05-21$54,016
1990 · Black (700) · 83,000 mi · manual2026-04-17 · JPeterMurphy17$63,000
1990 · Red · 86,000 mi2025-09-23 · FDF1$51,000
1990 · Red · 46,000 mi · manual2025-09-10 · 911r$80,000- 1990 · Guards Red · 111,522 mi · manual2025-07-01 · Francy$39,000
1991 · Black · 41,000 mi · manual2025-06-05 · MrLBI$65,500
1991 · Red · 22,000 mi · manual2025-05-27 · BlueChipServices$65,500
1990 · White · 57,000 mi · manual2025-02-04 · Wob$62,500.jpg?t=172393368876)
1990 · Black · 45,000 mi · manual2024-09-04 · 993TTAddict$47,750
1991 · Purple · 72,000 mi · manual2023-11-15 · Wob$65,000
1990 · White · 163,000 mi · manual2023-09-19 · Frankbe$40,000
1990 · White · 29,000 mi · manual2023-08-15 · yancyn$73,000
1991$91,840
Specifications
- Engine
- Flat-6, 3.6L
- Power
- 247 hp
- Torque
- 228 lb-ft
- 0 to 60
- 5.7s
- Top speed
- 162 mph
- Transmission
- Manual
- Drivetrain
- AWD
- Original MSRP
- $75,150
Common questions
How much does a Porsche 911 Carrera 4 Cabriolet cost?
A 1989 Porsche 911 Carrera 4 Cabriolet cost $75,150 new. Over the past 12 months, 9 have sold publicly at a median of $56,000. The Shifty Estimate for a well-kept example is $56,900. Cars have changed hands anywhere from $47,006 to $69,900, depending on mileage, color, and history.
What is a 1989 Porsche 911 Carrera 4 Cabriolet worth today?
The Shifty Estimate is $56,900, down 14.5% over the past 12 months. Confidence is high: 9 public sales in a year gives a firm read.
Is a Porsche 911 Carrera 4 Cabriolet a good investment?
It has depreciated 24% against its $75,150 list price. Values are down 14.5% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $39,000 to $91,840, and mileage explains most of that.
What has a Porsche 911 Carrera 4 Cabriolet sold for at auction?
The 3 most recent public sales we have on file:
- $50,029Aug 13, 2026Black (700) · 110,000 mi
- $56,964Jul 27, 2026Guards Red (80K) · 91,000 mi
- $46,250Jul 24, 2026Baltic Blue Metallic · 172,000 mi
The 964-generation Carrera 4 Cabriolet marked Porsche's bold leap into all-wheel-drive territory, debuting sophisticated Tiptronic transmission alongside the traditional manual. Built from 1989-1994, this convertible combined the 911's iconic silhouette with advanced AWD technology borrowed from the 959 supercar program. The 3.6-liter flat-six produced 250 horsepower, while the intelligent AWD system delivered newfound confidence in challenging conditions. Production totaled just 13,353 units globally, making it significantly rarer than its rear-drive siblings. Today's collectors appreciate the 964 Cabriolet's transitional significance—the last of the classic 911 proportions before the 993's evolutionary styling changes. Values have climbed steadily as enthusiasts recognize its unique position bridging air-cooled tradition with modern engineering. The combination of open-air driving, all-weather capability, and that unmistakable flat-six soundtrack creates an compelling ownership proposition for serious Porsche collectors.