This 1991 Porsche 911 Carrera 4 Targa just sold for $101,000, and that's strong money for a low-mileage, well-preserved example of the 964 generation.

The 964 is an important model in Porsche’s lineup, bridging the classic air-cooled 911s with the modern water-cooled variants. This specific car is noteworthy for several reasons. First, it features the 3.6-liter flat-six engine paired with a five-speed manual transmission, a combination that many purists prefer. The all-wheel-drive system enhances handling, making it a more versatile option than its rear-wheel-drive siblings. With just 63,000 miles on the converted cluster, it presents itself as a collector's item in a desirable color: Horizon Blue Metallic, complemented by a Black leather interior. The removable Targa roof adds a unique touch, appealing to those who love open-top driving.

The price of $101,000 reflects the car's specs and desirability. The bidding was hot, with 38 bids indicating strong interest among buyers. While I don’t have an exact fair value estimate to anchor my thoughts, the combination of low mileage, manual transmission, and desirable options like air conditioning and heated seats makes this price reasonable. It’s clear that buyers are willing to pay a premium for a 911 with this pedigree.

The community had a lot to say about this auction. One commenter noted, “These Targas are becoming harder to find in this condition. If you love driving, this is a smart buy.” This sentiment resonates as the market for well-preserved 964s has been on the rise, especially for models that combine performance with everyday usability.

For anyone on the hunt for a similar car, keep an eye on the history of the vehicle. A converted mileage cluster can raise questions about maintenance and care. Make sure to verify documentation and service records. A low-mileage car means less wear, but you want to ensure it hasn’t been neglected due to infrequent use. Overall, if you're looking for a blend of performance, style, and a touch of nostalgia, the 964 Targa is hard to beat, but due diligence is key to making a sound investment.

See all Porsche 964 911 Carrera 4 listings on [Friday's Watchlist](https://fridayswatchlist.com/search?make=Porsche&model=964%20911%20Carrera%204).