“The Classic Porsche”
For 1987, the Carrera version of Porsche’s evergreen 911 continued with the Bosch fuel injected 3.2 liter/193 ci flat six in use since 1984, but with a new fuel mapping that increased horsepower slightly to 214 bhp. With the standard Getrag G50 five-speed manual transmission (also new for 1987), you could expect to hit 60 mph in 6.1 seconds, with a top speed of 149 mph in the 2,750 pound Carrera (the 2020 911 Carrera S is almost 3,400 pounds). Fuel mileage was 18 city/25 highway by the standards of the day (16/23 by today’s standards) with premium gas.
The 911 was certainly not an entry-level Porsche: in 1987 that was left to the 924S (starting at $19,900) and the 944 ($25,500). For your 911’s $40,425 base price (about $92,100 in 2019 dollars) you got four-wheel vented disc brakes (but no ABS) and an engine oil cooler. The exterior included forged alloy wheels, heated power mirrors, heated windshield washer nozzles, fog lights, and tinted glass. Inside, power windows, air conditioning, fold-down rear seats, and Blaupunkt’s AM/FM stereo cassette (either Charleston or Portland) with four speakers were all standard.
By 1987, Porsche had figured out that the real money was in the options—a behavior that continues to this day. They included the Turbo-Look 911 Turbo body components ($12,593!), limited slip differential ($741), sport shock absorbers ($247), and front and rear spoilers ($1,604). Inside, you could add cruise control ($365), power door locks ($334), heated seats ($164 each), an alarm system ($240), and Blaupunkt’s upmarket Reno AM/FM stereo cassette ($133).
Things hadn’t gotten that comfortable, though—that would wait for the 1990s. There was as yet no automatic transmission option, and many (including Car and Driver) mentioned that the ergonomics still showed their 1960s origins when compared to the 928 or 944.
911 Carreras from the 1980s have held their values quite well. According to Hagerty’s valuation tools, all the money for a 1987 Porsche 911 3.2 Carrera coupe in #1/Concours condition is $86,000, with a more normal #3/Good condition car going for $45,500. A cabriolet can fetch up to $68,900 while a targa can get up to $77,700.
Porsche 911 3.2 Carreras have (of course) excellent club support from many sources and are often available in the Hemmings Motor News classifieds. As I update this in February 2019, a Guards Red 1987 coupe with 40,000 miles is for sale for $74,500. Make mine Silver Metallic, please.
Updated February 2019.