1992 911 Turbo S2

Porsche’s 964 Turbo S2 is the rarest of the rare when it comes to Turbocharged 964s as only 20 examples were built to homologate the car for IMSA’s Bridgestone Supercar Championship series in the early ‘90s. The 20 cars that PCNA imported for this purpose were sent to Andial where they were modified to S2 specs with a K27 turbocharger, upgraded camshafts, and a larger intercooler.

This 1992 911 Turbo S2 is finished in Slate Gray Metallic over a White and Gray interior and shows 94,000 miles on the odometer. The car has been modified with an aftermarket intake & exhaust, H&R springs, and some interior bits. Nothing that can’t be returned to stock. Appearance-wise the car shows it’s mileage and age with some chips and nicks here and there and the listing is void of paint meter readings. Mechanically, the seller notes that there is some oil leaking and that the shifter feels “loose,” so it’s probably going to need some work.

Despite all of this cars shortcomings, it’s still rare. So rare in fact, that I only have one other example on record, crossing the block twice in the last five years. That car was a 51,000-mile Guards Red example that failed to sell in June 2021 at a final bid of $191,964 followed by a sale at $235,000 in February 2023. Our Spotlight car failed to sell at a final bid of $140,000, which, when looking at the numbers above, seems ridiculously low.

If you look at the rise in normal 3.3-liter 964 prices over the last twelve months, I’d venture to guess that should our Guards Red comp come up for sale, it would be pushing towards the $300k mark. With 40,000 more miles on our Spotlight car, I’d probably say the right number would be $235ish.. if it was in better condition. But to fix the oil leaks & shifter, bring the car back to stock, clean up the paint, and make this car it’s best self, you’re potentially looking at a $75-$100k bill. Now that $140k bid doesn’t seem so low after all, does it?

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