Why Are 964 America Roadsters Unloved?

Good Morning! I’m not going to lie; it’s been a struggle to find interesting sales to write about the last few days. Not today. Even though our sell-through rate took a dive again, our dollar volume and unit volume headed back up thanks to several high sales from some great cars.

THE MARKET

Sell-Through Rate (STR): 57%
Market Volume ($): $1,244,568
Market Volume (Units): 23

TOP SALES

1965 Porsche 911 Coupe Race Car $441,000 Bring a Trailer
2011 Porsche 911 GT3 RS $271,000 Bring a Trailer
2007 Porsche 911 Turbo Coupe 6sp $145,000 PCARMARKET
1992 Porsche 911 America Roadster 5sp $113,700 Bring a Trailer
2018 Porsche Boxster S $58,718 PCARMARKET

SPOTLIGHT

I’ve covered quite a few rare 964s here over the past few months, most of them being Turbos such as the X84 Turbo S Flachbau or lightly optioned 964 RS Americas, but here’s a new one we haven’t seen on these pages before, the 964 America Roadster.

Built to commemorate the 40th anniversary of the 356 America Roadster, the 911 America Roadster was released in 1992 as the “driver’s” Cabriolet. Based on a standard 911 Carrera 2, the Roadster featured a Turbo body as well as Turbo brakes and suspension riding on 17” Cup wheels. Limited to only 250 units, the 911 America Roadster is one of the rarest 964s produced.

Rarity, though, hasn’t helped values as the car has always been seen as the lesser sibling to the 964 Speedster and RS America, with top-of-the-market America Roadsters bringing bottom-of-the-market RS America money. As you would imagine, with only 250 units produced, comps are few and far between. The last time we saw an America Roadster sell was eleven months ago when a 59,000-mile example finished in stunning Amethyst Metallic sold for $126,000. Prior to that, we saw a similar example sell for exactly the same price of $126,000 in February of 2022.

This 1992 911 America Roadster is finished in Guards Red over Black leather and features a 5-Speed transmission and 41,000 miles on the odometer, of which half was added by the seller over their 23 years of ownership. The car presents well in pictures and includes detailed shots of the undercarriage as well as paint meter readings. Service records are plentiful, and the car includes its original manual set, tools, and tire inflation kit.

It sold at a high bid of $113,700, a little more than $12,000 behind the recent comps. The car had less mileage, but it was in a standard color, and as we know, Porsche buyers pay for color. With that in mind, $113,700 sounds like a fair price for a nice example and not a sign of a softening market. Both parties should be happy with that number.

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