\nDate:<\/strong> March 1989<\/span>
\nPrice then:<\/strong> $6,000 ($11,500 adjusted for inflation \u2013 about the cost of a new 2015 Nissan Versa today)<\/span>
\nPrice now:<\/strong><\/span> $3,000 – $14,400<\/a><\/strong>
\nApproximate dollar difference:<\/strong> $3,000 (assuming No. 1 condition)<\/span>
\nApproximate annual rate of return:<\/strong> .08%<\/span><\/p>\n
![\"Back](\"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\")
<\/p>\n
PORSCHE: 1978 924, low miles, new red paint, S-spoiler, $6,000 or best offer.<\/em><\/span><\/p>\n 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 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>classic car stories<\/i><\/a><\/strong>\u00a0from 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":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"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],"class_list":["post-7903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive-history","category-automotive-news","tag-car-classifieds","tag-classic-car-classified-ads","tag-classic-car-price-guide","tag-classic-car-prices","tag-classic-car-values","tag-classic-cars-as-an-investment","tag-classic-porsche","tag-entry-level-porsche","tag-greg-ingold","tag-hagerty","tag-hagerty-classic-car-insurance","tag-hagerty-price-guide","tag-hagerty-valuation-tools","tag-hemmings","tag-hemmings-classifieds","tag-hemmings-motor-news","tag-porsche","tag-porsche-911","tag-porsche-924","tag-porsche-values","tag-rate-of-return-on-classic-cars"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t