By Greg Ingold / Originally Published August 11, 2015 / Hagerty / From: Hemmings Motor News Date: March 1989 Price then: $6,000 ($11,500 adjusted for inflation –&hellip;{"id":7903,"date":"2015-10-09T12:13:41","date_gmt":"2015-10-09T19:13:41","guid":{"rendered":"http:\/\/www.pomonaswapmeet.com\/blog\/?p=7903"},"modified":"2015-10-09T11:34:15","modified_gmt":"2015-10-09T18:34:15","slug":"classic-classified-1978-porsche-924","status":"publish","type":"post","link":"https:\/\/www.pomonaswapmeet.com\/blog\/2015\/10\/09\/classic-classified-1978-porsche-924\/","title":{"rendered":"Classic Classified: 1978 Porsche 924"},"content":{"rendered":"<h5>By Greg Ingold\u00a0\/ Originally Published August 11, 2015\u00a0\/ Hagerty \/<\/h5>\n<p><span style=\"color: #000000;\"><strong>From:<\/strong> <em>Hemmings Motor News<\/em><\/span><br \/>\n<span style=\"color: #000000;\"><strong>Date:<\/strong> March 1989<\/span><br \/>\n<span style=\"color: #000000;\"><strong>Price then:<\/strong> $6,000 ($11,500 adjusted for inflation \u2013 about the cost of a new 2015 Nissan Versa today)<\/span><br \/>\n<span style=\"color: #000000;\"><strong>Price now:<\/strong><\/span> <strong><a href=\"https:\/\/www.hagerty.com\/valuationtools\/valuationtools\/HVT\/VehicleSearch\/Report?vbe=124279\" target=\"_blank\">$3,000 &#8211; $14,400<\/a><\/strong><br \/>\n<span style=\"color: #000000;\"><strong>Approximate dollar difference:<\/strong> $3,000 (assuming No. 1 condition)<\/span><br \/>\n<span style=\"color: #000000;\"><strong>Approximate annual rate of return:<\/strong> .08%<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7905\" src=\"https:\/\/i0.wp.com\/www.pomonaswapmeet.com\/blog\/wp-content\/uploads\/2015\/10\/USE-FOR-HAGERTY-BLOG-ONLY-1978-Porsche-924-Classified.jpg?resize=550%2C216\" alt=\"Back in 1989, this 1978 Porsche 924 was for sale for $6,000.\" width=\"550\" height=\"216\" srcset=\"https:\/\/i0.wp.com\/www.pomonaswapmeet.com\/blog\/wp-content\/uploads\/2015\/10\/USE-FOR-HAGERTY-BLOG-ONLY-1978-Porsche-924-Classified.jpg?w=550&amp;ssl=1 550w, https:\/\/i0.wp.com\/www.pomonaswapmeet.com\/blog\/wp-content\/uploads\/2015\/10\/USE-FOR-HAGERTY-BLOG-ONLY-1978-Porsche-924-Classified.jpg?resize=300%2C118&amp;ssl=1 300w\" sizes=\"(max-width: 550px) 100vw, 550px\" \/><\/p>\n<p><span style=\"color: #000000;\"><em>PORSCHE: 1978 924, low miles, new red paint, S-spoiler, $6,000 or best offer.<\/em><\/span><\/p>\n<p><span style=\"color: #000000;\">Over the past year, the Porsche market has been extremely hot. 911\u2019s of almost every year have been noticing gains in value, but what about the Porsches with the engine\u00a0up front and not cooled by air? Well, these have been maintaining fairly steady pricing with few upticks in value. That is very good for the entry level Porsche collector today and is evident in the case of this 924. The price hasn\u2019t gone up noticeably higher than the rate of inflation. The good news is that the owner isn\u2019t out anything beyond maintenance costs.<\/span><\/p>\n<p><i><span style=\"color: #000000;\">This article has been reproduced with the permission of the copyright holder, Hagerty. Further reproduction is prohibited without permission. Click here for more<\/span>\u00a0<\/i><strong><a title=\"Hagerty: Articles\" href=\"http:\/\/www.hagerty.com\/articles-videos\/magazine\" target=\"_blank\"><i>classic car stories<\/i><\/a><\/strong><i>\u00a0<span style=\"color: #000000;\"><i>from Hagerty.<\/i><\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":null,"protected":false},"author":98,"featured_media":7904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cos_headline_score":0,"cos_seo_score":0,"cos_headline_text":"","cos_headline_has_been_analyzed":false,"cos_last_analyzed_headline":[],"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[136,3],"tags":[428,3327,3585,3261,3262,2960,3584,3588,2469,593,885,1520,906,3586,3587,3557,73,608,1245,3583,3589],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.pomonaswapmeet.com\/blog\/wp-content\/uploads\/2015\/10\/USE-FOR-HAGERTY-BLOG-ONLY-1978-Porsche-924.jpg?fit=800%2C600&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9nnZN-23t","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pomonaswapmeet.com\/blog\/wp-json\/wp\/v2\/posts\/7903"}],"collection":[{"href":"https:\/\/www.pomonaswapmeet.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pomonaswapmeet.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pomonaswapmeet.com\/blog\/wp-json\/wp\/v2\/users\/98"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pomonaswapmeet.com\/blog\/wp-json\/wp\/v2\/comments?post=7903"}],"version-history":[{"count":1,"href":"https:\/\/www.pomonaswapmeet.com\/blog\/wp-json\/wp\/v2\/posts\/7903\/revisions"}],"predecessor-version":[{"id":7906,"href":"https:\/\/www.pomonaswapmeet.com\/blog\/wp-json\/wp\/v2\/posts\/7903\/revisions\/7906"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pomonaswapmeet.com\/blog\/wp-json\/wp\/v2\/media\/7904"}],"wp:attachment":[{"href":"https:\/\/www.pomonaswapmeet.com\/blog\/wp-json\/wp\/v2\/media?parent=7903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pomonaswapmeet.com\/blog\/wp-json\/wp\/v2\/categories?post=7903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pomonaswapmeet.com\/blog\/wp-json\/wp\/v2\/tags?post=7903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}