A 28,833 km Porsche 964 Speedster Is at €105,000 With Two Days Left. The Mileage Proof Will Set the Price.

A 1994 Porsche 911 Speedster with 28,833 km, or about 17,900 miles, is at €105,000 on Collecting Cars with roughly two days left, according to the listing. The car is attractive on paper: Guards Red, a five-speed manual, colour-coded Recaro seats and a model that Porsche built only 936 times. But the number that matters most is not the bid. It is how well the file proves the mileage, and that proof is what is most likely to decide where this lot finishes.

Facts below come from the Collecting Cars listing and the sale records cited in each section. Market interpretation is labeled as such.

Why this lot is worth watching

The 964 Speedster was the last air-cooled Speedster. RM Sotheby’s describes it as built on the modernized 964 Carrera 2 platform, with a 3.6-litre flat-six rated at 247 bhp, a five-speed manual, smoother nose and tail fascias, and an electric rear spoiler that rises at 50 mph. Low-mileage examples have been trading at serious money this year, which is why a car with under 29,000 km deserves a close look rather than a glance at the bid.

Specifications

Per the listing, the car is a 1994 model finished in Guards Red over black, with colour-coded Recaro RS bucket seats and correct “Cup” alloy wheels. It has the 3.6-litre air-cooled flat-six with a five-speed manual, left-hand drive and rear-wheel drive. Mileage is shown as 28,833 km. VIN is WP0CB2961RS465351. It comes with a car cover and two keys. The listing says it is one of 936 964 Speedsters built, a figure that matches RM Sotheby’s description of the model. Sources disagree on how many came to the United States, so we do not rely on a US-only count here.

Provenance

The car was first registered in 1994 and supplied new to the US market, with a Carfax history on file. It is now registered in Germany and offered from Idstein by a private seller through consignment specialist Moritz Michalczyk. The paperwork package includes two valuation reports, the service booklet, the owner’s manual and earlier service documentation. The listing does not name previous owners or give an ownership chain, so the provenance is documented but thin on narrative. For a Speedster, that is normal. The value lies in the condition and the file rather than a famous name.

Condition

The listing points buyers to the photo gallery and states no damage or flaws, but it also warns that cosmetic or bodywork repairs may not be visible. The last recorded service was in June 2025 at 28,683 km by Sportwagen Centrum in Kelkheim. That leaves just 150 km on the odometer since that service, which tells you the car is being kept rather than driven. We cannot confirm paint originality, top and interior condition, or underbody state from the listing text. Those are the items a buyer should ask about, and the same open question hung over the 65,000-mile 993 Carrera RS we covered last week.

Current bid and estimate

The listing shows €105,000 and “Ends in 2d 4h” at the time we read it. It does not state the reserve status or the bid count, and Collecting Cars does not publish a pre-sale estimate for this lot, so there is no estimate to compare against. Local duties, sales taxes or environmental levies may apply depending on where the buyer lives, according to the listing. Buyers outside Germany should price the import before bidding.

Market interpretation: on a timed online sale, a bid with two days remaining is closer to a floor than a forecast. The question is where the reserve sits relative to the comparable sales below.

Comparable sales

The same aggregator also lists a 10,000-mile car at RM Sotheby’s Monterey in August 2026 for $511,000. We have not verified that lot, and a single result at that level says more about an exceptional car and venue than about a typical Speedster, so we treat it as the ceiling of the range rather than a guide. A PCarMarket auction in January 2025 for a 13,367-mile black car ended at a $130,000 final bid. The page does not say whether the reserve was met.

Interpretation: US results for 20,000 to 38,000 mile cars have clustered between roughly $169,000 and $175,000, while the 9,000-mile car reached $210,000. The two European Collecting Cars results, €144,900 and €170,000, are on cars with considerably higher mileage. A 17,900-mile car belongs between those groups. The market has been paying a premium for lower mileage, but the premium has not been smooth. The 6,000-mile Ruby Red 1989 Speedster that drew a $257,000 bid shows how much further it can go when the mileage and colour are both right. Our report on how LaFerrari prices are moving with mileage at Zoute shows how closely the market now watches the odometer.

The factor most likely to decide the price

It is the evidence behind the odometer. At 28,833 km, this car sits in a range where documentation moves the price more than the figure itself. The listing offers two valuation reports, a Carfax history and a service record that puts the car at 28,683 km in June 2025. That is a good start, but it begins in 2025. What bidders will want to see is a continuous record from the 1994 US sale through the German registration, because mileage is easy to claim and costly to prove. This is the same logic we described in our piece on early 911 certificates, and the same dynamic that made paperwork the story in the F355 sale on a similar online platform.

Second to that is the buyer pool. A US-delivered car sold from Germany is attractive to American buyers, who prize the US-market car, but they will have to factor in import costs. European bidders face fewer hurdles. How those two groups bid against each other in the last hours is hard to predict.

What we do not know

We do not know the reserve, the bid count, the paint history or the underbody condition. The seller also does not say whether the car has been repainted or whether the top is original. A buyer should ask for the valuation reports in full, a paint-meter reading and the complete Carfax before the auction closes. For other air-cooled 911s on the market, see our look at the 25,000-mile 1989 Carrera Cabriolet with a G50 gearbox and the one-owner Carrera RS 3.8 at RM London.

This article is analysis, not investment advice. Check the live lot before bidding.