8k-Mile 1978 Porsche 924

We are pleased to present this exceptional 1978 Porsche 924.  Presently a 2-owner car and a part of a rotating collection, this investment-grade 1978 example has been kept in outstanding original condition with only 7,955 miles displayed on the odometer.  This example especially built for its original owner and delivered by Klinger Porsche/Audi in Lake Forest Illinois.  Complete with its original factory break-in procedure sticker affixed to the windshield, this incredibly well-preserved 924 is now being offered by its seller in New York accompanied by original books, tools, an unused spare tire and toolkit.

The Black (041) finish is reported to be in exceptional original condition (detailed images are provided in the photo gallery).  The undercarriage was undercoated when new to protect against corrosion.   A design originally contracted by Volkswagen through Porsche, the 924 is characterized by its flip-up headlights and large glass rear hatch.  The original 14” 8-spoke wheels are factory finished with color-matched centers and are currently dressed in Cooper CS4 touring tires.

The Black leatherette interior is said to be nearly flawless while retaining all of its original specifications.  This car was ordered with an interesting array of options including a leather steering wheel, power windows, air conditioning, a power antenna and radio delete (factory wiring in place).  All gauges and accessories are reported to be in good working order.

Representing Porsche’s first water-cooled transaxle sports car, this 924 is equipped with a 2.0 L inline 4-cylinder engine.  Featuring Bosch CIS fuel injection as well as a catalytic converter which was introduced for the U.S. market in mid 1977, this 924 is capable of sending 110 HP to the rear wheels by way of a 4-speed manual gearbox.  The catalytic converter reduced the need for restrictive emissions equipment used on earlier versions.  The timing belt and water pump are said to have been replaced at approximately 5600 miles, and the seller indicates this 924 to be in excellent running order.

This sale will include the original owner’s manual, service book, 2 master keys, a glove box key, a plaque with the first owner's name, an unused spare tire and tool kit.  This highly original, low-mileage 924 presents an extremely rare opportunity for any discerning Porsche collector.

Auction Results

  • Highest Offer: No bids
  • Auction End: Jan. 10, 2021, 3:55 p.m.
  • Number of Offers: 0
viewed 6,070 times saved 16 times

Comments (41)

  • PlaPan (seller) 1 month, 3 weeksago

    @ninpo4me I appreciate and welcome your thoughts - here are mine.

    First I would like to thank everyone at Pcarmarket for their hard work behind the scenes in making all this possible.

    You are probably correct - if it had 300 pictures and 10 paint measurement pictures per panel it may have done better but there was no serious appetite for this 924 on that day - that is all.

    The belt/water pump were addressed - year of replacement was stated - cost of doing it again is non-significant (VW belt service).

    Being the week of Thanksgiving I did not get a chance to make the videos - if that disappointed anyone my apologies.

    When I state paint is original and the car performs outstanding I stand behind that - I am sorry to see the lack of confidence in a fact (it is either original paint or it is not) - there were no requests for paint meter reading pictures.

    Highest sale I am aware of this year - a 8k mile 1988 924 did $39k plus fees on BaT on 2/17/20 - I know the car and the seller (he had hoped for a better result) - very nice car/presentation, well documented - one fender was painted.

    The early 924 cars are more significant to the brand therefore more collectable and much harder to come by in this condition/mileage than the later ones.

    If this was a window sticker, original purchase invoice and records car I would like considerably more than this to part ways with it.

    All the potential needs, lack of records, few imperfections are generously factored on my end into what I would like for the 924.

    This 924 is an exceptionally well preserved, honest, single digit mile, original paint car that could easily be taken to the next level with minimal effort and resources which will allow the next owner to have something that no one else does (which is the best part and most appealing proposition to own this car).

    To those with serious interest who share my enthusiasm and valuation for the early 924's feel free to contact me - I can provide the additional pictures/videos needed for a decision.

    With the above said thanks for your feedback and to everyone that participated.

  • ninpo4me (registered bidder) 1 month, 3 weeksago

    As someone who has bought a number of these asserting the value of low mileage examples can be very difficult.
    That being said, the seller not providing the date of the belt service or any service records hurts the value. Not providing paint measurements hurts the value. No videos of the car actually running (when this car sits a long while the fuel system gets mucked up BaD). All of these things hurt the perceived value of the car. If this car was presented better I am sure the price would land in the low $20’s. But I have never seen a low mileage example fetch $30k. While I own a few of these cars and would really like to see these higher price points. Good luck to the seller, seems like a nice diamond in the rough.

  • cjscott_944 (registered bidder) 1 month, 4 weeksago

    Wow, a Buy-It-Now price of $30K. I guess no one was even remotely close!

  • Chapel99 1 month, 4 weeksago

    Bid in the amount of $14,500

  • sledfamily 1 month, 4 weeksago

    Bid in the amount of $12,500

  • countryclubfl (registered bidder) 1 month, 4 weeksago

    @cjscott_944 wish I was, just spectating as I have a similar one in my collection and therefore am curious as to where this lands.

  • pikll 1 month, 4 weeksago

    Bid in the amount of $11,500

  • cjscott_944 (registered bidder) 1 month, 4 weeksago

    @countryclubfl , I assume you'll be jumping in then on the bid train? If so, good luck.

  • countryclubfl (registered bidder) 1 month, 4 weeksago

    @cjscott_944 out? Did you see the mileage? Sorry but have to laugh at that one

  • cjscott_944 (registered bidder) 1 month, 4 weeksago

    I'm out. Good luck to the remaining bidders!

  • sledfamily 1 month, 4 weeksago

    Bid in the amount of $11,000

  • pikll 1 month, 4 weeksago

    Bid in the amount of $9,951

  • PlaPan (seller) 1 month, 4 weeksago

    @worldmotorsports The current title does not list the mileage.

    There is a notarized statement of fact from the previous owner stating mileage when he purchased and when he sold the car to me.

    The listed mileage is the actual mileage of the car.

  • sledfamily 1 month, 4 weeksago

    Bid in the amount of $9,500

  • pikll 1 month, 4 weeksago

    Bid in the amount of $7,175

  • worldmotorsports (registered bidder) 1 month, 4 weeksago

    Does the title read actual miles are exempt

  • ninpo4me 1 month, 4 weeksago

    Bid in the amount of $6,924

  • cjscott_944 1 month, 4 weeksago

    Bid in the amount of $6,294

  • PlaPan (seller) 1 month, 4 weeksago

    @cjscott_944 Wheels came that way from Porsche (you can find pictures of a Sebring edition car wheel and you will see texture and meet point of the black and silver are the same) - spare wheel also has a black center and has its original tire which has never been removed/rebalanced.

    Keep in mind that this it is a VW wheel that was painted 44 years ago.

    If the next owner wants the wheels perfect he can have them re-done to black or silver centers (I would keep it original).

  • cjscott_944 (registered bidder) 1 month, 4 weeksago

    In looking at the photos again this morning, I really studied the wheels this time. Based on flaking in one of the photos, and the edge line in another, do we really think these came from the factory that way? I know that the black wheels were an option, but the photos are telling me that the previous owner had them painted that way, especially since underneath the flaking is the silver wheel. Did the previous owner mention anything one way or the other?

  • ninpo4me 1 month, 4 weeksago

    Bid in the amount of $5,750

  • cjscott_944 2 monthsago

    Bid in the amount of $5,294

  • PlaPan (seller) 2 monthsago

    @cjscott_944 Paint is original - it has been measured.

  • cjscott_944 (registered bidder) 2 monthsago

    In one of your responses in the comments below, you stated original paint. I just wanted to confirm that you actually measured each panel to verify. Because the miles are so low, I don't want to assume that the paint is original, as I was burned in the past on trip to see a car that only had 3,500 miles; and when I got there and measured, rear quarter panel was indeed repainted. That was a loooong ride home. So, did you measure?

  • PlaPan (seller) 2 monthsago

    @cjscott_944 The car had an oil service earlier this year - has not been driven much since (less than 150 miles).

    If the next owner plans to drive the car actively they can go trough it to the extent that would make them happy and comfortable.

  • cjscott_944 (registered bidder) 2 monthsago

    That being said, @PlaPan, since you don't have any service records, did you all take care of all of the fluid flushes not knowing when they were last done?

  • cjscott_944 (registered bidder) 2 monthsago

    Hey @ninpo4me. I agree with you on the time frame for a belt and pump. Just as a heads-up, I believe this 2.0L Audi engine is a non-interfence engine. So it should not be catastrophic if it were to fail. But still another thing to keep an eye on with this age car.

  • ninpo4me (registered bidder) 2 monthsago

    @PlaPan do you know what date that was replaced? Timing belts last 3-5yrs when not used and water pumps around 4-6 years. Regardless of mileage the belts and water pump dry out with age and as this is an interference engine I wouldn’t want anything to happen.

  • PlaPan (seller) 2 monthsago

    @ninpo4me As mentioned in the description - timing belt and water pump were done at around 5600 miles as preventive maintenance - the factory recommended interval is 45k miles - this one has less than 2500 miles on it and would not need to be done unless the next owner chooses to do so for his own piece of mind.

    Glad that you are now able to see all the posted pictures.

    Will try to get a video posted in the next few days.

  • PlaPan (seller) 2 monthsago

    @cjscott_944 Timing belt water pump were done in 2011 - date code on tires is 2008.

  • ninpo4me (registered bidder) 2 monthsago

    Despite the cars low miles, the timing belt and water pump need to be replaced at regular intervals. Please provide confirmation if this has been done. Thank you

    (Side note, I had a browser issue and the photos weren’t loading. I have resolved the issue and can now see the additional photos. Can you please upload a video)

  • cjscott_944 (registered bidder) 2 monthsago

    Do you know around what date the timing belt and water pump were done? Also, what is the date code on the tires?

  • PlaPan (seller) 2 monthsago

    @ninpo4me There are 110 pictures posted that cover most of what you are asking to see - sounds like you are not able to see them?

    The Porsche is original paint, damage and rust free, all gaps are as they were when new in 1978.

    The mechanical performance is outstanding and as expected from a 8k mile car - it is as close as one can get to driving a new Series I 924 in 2020.

    What is included is listed in the description and pictured in the photo gallery - there are no service records.

    If after reviewing the listed pictures and above information you still would like to see undercarriage pictures and the videos let me know.

    Also if you or anyone else would like to discuss details or see the car in person feel free to contact me - thanks.

  • ninpo4me (registered bidder) 2 monthsago

    There are only a few pictures on this posting. So if you could gather photos of the under-carriage, door gaps, under the rear carpet, exhaust system. Detailed photos of the interior, wheel wells would be great to. Lastly a video of the car starting cold, running thru all the gears and braking.

    Photos of service records as well.

  • PlaPan (seller) 2 monthsago

    @ninpo4me Let me know what additional pictures you would like.

  • ninpo4me (registered bidder) 2 monthsago

    Please update more pictures

  • ninpo4me 2 monthsago

    Bid in the amount of $4,924

  • Fastauto 2 monthsago

    Bid in the amount of $2,000

  • PlaPan (seller) 2 monthsago

    @Fastauto Yes - black wheel centers were optional and standard on the 1979 Sebring Edition model .

  • ninpo4me 2 monthsago

    Bid in the amount of $924

  • Fastauto (registered bidder) 2 monthsago

    Is that how the wheels came from the factory?

Leave a comment

8k-Mile 1978 Porsche 924
No offers. Final Bid: $14,500