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1978 Porsche 924: One Owner, 60k, All Original, Limited Edition Time Capsule! on 2040-cars

Year:1978 Mileage:61355 Color: Gray /
 Black & White
Location:

Elkhart, Indiana, United States

Elkhart, Indiana, United States
Advertising:
Transmission:Automatic
Body Type:Coupe
Engine:4 Cyl
Vehicle Title:Clear
For Sale By:Private Seller
VIN: 9248210789 Year: 1978
Interior Color: Black & White
Make: Porsche
Number of Cylinders: 4
Model: 924
Trim: Limited Edition
Drive Type: Rear
Options: Sunroof
Mileage: 61,355
Power Options: Air Conditioning, Cruise Control, Power Windows
Sub Model: Limited Edition
Exterior Color: Gray
Warranty: Vehicle does NOT have an existing warranty
Condition: Used: A vehicle is considered used if it has been registered and issued a title. Used vehicles have had at least one previous owner. The condition of the exterior, interior and engine can vary depending on the vehicle's history. See the seller's listing for full details and description of any imperfections. ... 

You are witnessing a rare opportunity at a true 'time capsule' Porsche 924, from 1978. When released in 1977, the 924 represented not only an entirely new direction for Porsche A.G., but also a number of big firsts for the company as well: First front engine model, first water cooled model, first optional automatic transmission. With the 1978 model year, came complete galvanizing, and comprehensive rust proof protection. At the top of the order, was the rare 'Limited Edition' model, loaded with every modern luxury and amenity available at the time.

The example you are considering today, is among the cleanest, most original, well kept remaining anywhere. It was purchased new at Williams Porsche/VW by Dr. Gordon Devries, and has been owned by he and his family ever since (until this summer). With the vehicle purchase, comes not only the original window sticker, but also the original, hand written bill of sale (see pics). There is even a dash plaque presented from Porsche to Dr. Devries. The vehicle is even still titled in the original owner's name. Dr. Devries enjoyed his 924 on nice days on the short commute from home to the hospital for nearly 30 years before his retirement. It was only ever driven in friendly weather conditions.

Any service and needs were always taken care of promptly through the years, and the 924 has also in the last year had a complete freshening, with new or updated battery, belts, brakes, and any other mechanical needs addressed. We even upgraded to R-134, and now the A/C blows ice cold. The car runs and drives as well as it did in 1978. There are subtle signs of loving use (a couple buffer marks, random scratches and nicks) that come with 35 years of careful use. They help to show the originality of the car.

Early entry level Porsches (non 911 cars!), have shown an interesting pattern in the last several years. From the 912 to the 914, the once shadowed cars have really emerged as valuable and rapidly appreciating assets. Many feel the excellent handling (50/50 balance transaxle set up), and exceptional fuel economy will propel the 924 in value in the near future. The limited number of well kept original cars, will of course make those the catalysts of the curve. In their excellent and comprehensive collector vehicle evaluator, this is what automotive authority Hagerty has to say about the 924: 

"Today, the tables have turned somewhat and to some entry-level collectors, the 924 (particularly those in bright colors with the wild op-art checked “Pasha” interiors) can occasionally be more desirable than the more complex and maintenance-intensive. With fully galvanized bodies after 1977, the 924 can be a durable, simple fun first Porsche. The remaining few good ones are worth seeking out."

The overall amazing original condition, coupled with the single ownership, loving care, and rare limited edition package put this example at the top of the 924 heap. Obtain yours now, before the world catches on to the unique combination of fun, high performance handling and economical value that the 924 represents.   

 I encourage all potential buyers to come inspect the car in person prior to buying or bidding. Your bid is a binding contract. Feel free to call me with any questions or for more information. Car condition is subjective. I have owned over 100 Porsches, and am picky about my cars, but potential owners should decide for themselves if this car is for them. Car is sold AS IS, WHERE IS. Transportation is ultimately the responsibility of the buyer. International bidders are welcome, but please have U.S. funds and transportation arranged prior to auctions end. Zero or negative feedback bidders please contact me prior to bidding or your bid may be cancelled. Please only bid or offer if you are serious. Finally, feel free to email or call me at 574-361-5315 with any questions, more details, or if you'd like to make an offer. Good luck!

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Auto blog

Toyota tops Kelley Blue Book's Resale Value Awards

Tue, 27 Nov 2012

Kelley Blue Book announced its annual Best Resale Value Award winners, and we weren't too surprised to see the list dominated by Japanese automakers - mainly Toyota and Honda. KBB hands out the awards based on the projected residual value of mostly all 2013 model year vehicles, and Toyota skated home with a number of awards including 10 of the 22 overall categories and having five of its products in the top 10 for models with best resale value. KBB's Best Resale Value Awards were announced in the same week as the ALG Residual Value Awards, and there were many similarities between both lists, especially when it came to Toyota.
To come up with its winners, KBB measures depreciation over the first five years of ownership, and looks for the cars it expects to hold its value the best after this time; on average, the report says the 2013 model year vehicles will lose 61.8 percent of its value in five years. Of the 22 categories, 15 slots were filled by Toyota, Honda and Nissan products, while the Camaro and Porsche (Cayenne and Panamera) each took home a pair of awards. If Toyota has anything to be upset about in this list of cars, it's that categories for Hybrid/Alternative Energy Car and Electric Vehicle went to the Ford Fusion and Chevrolet Volt, respectively.
The overall top 10 models for the best resale value in 2013 are, in alphabetical order:

Audi and Porsche squabble over future product platforms

Tue, 22 Jul 2014

In the buildup to the 2014 24 Hours of Le Mans, Audi delivered an amusing video that worked on the playful rivalry between the German brand and its favorite frenemy, Porsche. We called it sibling rivalry, and at the time, it may have been just that. But just like sibling rivalries, it's all fun and games until someone gets hurt, and that's just what seems to be about to happen in the formerly peaceful Volkswagen Group family.
A new report from Automobile calls out the growing animosity between Porsche, who is backed up by Bentley, and Audi, whose primary ally is Lamborghini. No blows have actually been thrown, although there is a fair amount of "he said, she said" going on.
As Porsche tells it, for example, the new global fullsize SUV architecture being developed by Audi isn't up to snuff, citing size and structure issues, as well as an inability to accommodate a wide variety of engines.

Volkswagen Group sales down 15% in pandemic year, but EV sales up 214%

Wed, Jan 13 2021

FRANKFURT, Germany — German automaker Volkswagen said its global sales fell 15.2% during 2020 due to the COVID-19 pandemic but showed significant recovery toward the end of the year. The company more than tripled its sales of battery-only vehicles. Global sales for all of Volkswagen's brands amounted to 9.3 million vehicles. The fourth quarter showed a smaller decline of 5.7% and within that quarter the month of December was still further improved, showing a shortfall of only 3.2% from the same period the year before. Volkswagen said Wednesday that sales fell the most in Western Europe, by 21.6%, while China, the company's largest single market, was down 9.1% Sales of battery-only cars jumped 214% to 231,600 from 73,700 across all the company's brands. The company's electric sales leaders included the Volkswagen ID.3 compact, with 56,500, the Audi E-Tron SUV with 47,300, and the high-end Porsche Taycan with 20,000. Volkswagen said that its sales fell by less than the overall market, meaning it had slightly expanded its market share. “The COVID-19 pandemic made 2020 an extremely challenging year,” said group sales chief Christian Dahlheim. “The Volkswagen Group performed well in this environment and strengthened its market position." Volkswagen Group's brands include Volkswagen, Audi, Porsche, SEAT, and Skoda as sell as truck makers MAN and Scania.