1992 Porsche 964 C2 WTL

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2:00 PM, 06 Jan 2025Auction ended
Highest bid

£65,000

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Fraser's review

Fraser Jackson - Consignment Specialist Message Fraser

“ This is the lowest mileage example known to the Works Turbo Look (WTL) Register. ”

Beautifully presented and with a tiny mileage, this 911 looks every bit as good now as it would have done back in the early nineties.

Background

The Porsche 911 first broke cover in 1963, morphing over the years from the svelte, elfin Audrey Hepburn of the sportscar world into the current muscular Serena Williams-esque ballistic bruiser beloved of city traders, nouveau riche entrepreneurs, and mid-life crisis divorcees.

While the early cars were slow and fragile – and the later cars very fast and almost indestructible – many enthusiasts think the ‘964’ Carrera 2 and 4 from the late eighties and early nineties is the purest evocation and the one that best balances classic looks with decent performance and better-than-average reliability – and a well fettled 911 is a very quick and reliable car indeed.

And you can forget the car’s Widow Maker reputation because while the flat-six, air-cooled (actually oil-cooled, but who’s quibbling?) aluminium engine might hang ponderously behind the rear axle line, the handling is surprisingly benign - as long as you don’t do anything really silly, obviously…

It’s also impressively quick; despite having ‘only’ 247bhp and 229lb/ft of torque, the 911 can reach 60mph in 5.5 seconds on the way to a top speed of more than 160mph.

It also sounds amazing; the lack of a water jacket means that the raw, almost unsilenced engine blares directly behind you, accompanied, of course, by one of the world’s great exhaust notes.

The interior is practically bombproof, which means you can forgive its sometimes wayward ergonomics. It’s comfortable too, with supportive seats and one of the best driving positions in the business.

Key Facts


  • Rare RHD
  • Fabulous Condition
  • 15,000 Kilometres
  • Iconic Colours

  • WP0ZZZ96ZNS452421
  • 15090 Km
  • 3600cc
  • auto
  • Red
  • Black Leather
  • Right-hand drive
  • Petrol

Vehicle location
Bonhams|Cars Online HQ, United Kingdom

Background

The Porsche 911 first broke cover in 1963, morphing over the years from the svelte, elfin Audrey Hepburn of the sportscar world into the current muscular Serena Williams-esque ballistic bruiser beloved of city traders, nouveau riche entrepreneurs, and mid-life crisis divorcees.

While the early cars were slow and fragile – and the later cars very fast and almost indestructible – many enthusiasts think the ‘964’ Carrera 2 and 4 from the late eighties and early nineties is the purest evocation and the one that best balances classic looks with decent performance and better-than-average reliability – and a well fettled 911 is a very quick and reliable car indeed.

And you can forget the car’s Widow Maker reputation because while the flat-six, air-cooled (actually oil-cooled, but who’s quibbling?) aluminium engine might hang ponderously behind the rear axle line, the handling is surprisingly benign - as long as you don’t do anything really silly, obviously…

It’s also impressively quick; despite having ‘only’ 247bhp and 229lb/ft of torque, the 911 can reach 60mph in 5.5 seconds on the way to a top speed of more than 160mph.

It also sounds amazing; the lack of a water jacket means that the raw, almost unsilenced engine blares directly behind you, accompanied, of course, by one of the world’s great exhaust notes.

The interior is practically bombproof, which means you can forgive its sometimes wayward ergonomics. It’s comfortable too, with supportive seats and one of the best driving positions in the business.

Video

Overview

This car is a 964 C2 WTL (Werks Turbo Look). There were 119 RHD examples of these made and all were C2 Cabriolets. This one has Country of Origin Code C15 (Hong Kong) and the seller says it is the lowest mileage example known to the WTL Register.

We have notes for ‘G6 WTL’ describing it as having “a good history since 2004”. Now, we always err on the side of caution but having an advisory-free run of MoTs since 2005 – as long as you can ignore the nonsense about having undertrays fitted – would seem more like “a bloomin’ miraculous history since 2005”.

Coming from the crowded island of Hong Kong, the presence of an automatic gearbox is understandable, as is the right-hand-drive layout and cabriolet roof. It’s also finished in Guards Red, has 15,000kms/9,300 miles on the odometer, and 21 stamps in the service history booklet.

The seller, who runs the 964 Turbo register, says he’s “seen a lot” and has “had low mileage 964’s before” but that this is “in the best condition of them all.”

Almost completely standard, its early life in Hong Kong means it’s dodged the cycle most UK cars went through of being exposed to road salt and then modified because of the resulting drop in value due to rust and neglect.

If you’re looking for a standard example with an ultra-low mileage to add to your collection, then you can call off the search because this is it.

Exterior

A Guards Red 964 is never going to look anything other than right, is it? And when it’s a Cabriolet, the cool factor goes all the way up to eleven: Alan Clark, a connoisseur of both fast cars and fine wine, used one to make regular runs to Bordeaux to collect vast quantities of wine. Google it and prepare to be amazed at just how capacious a 911 can be…

And yet, colour and bodystyle count for naught if the condition isn’t great, but you need have no concerns on that score because the coachwork is every bit as good as the photos suggest.

With fewer 10,000 miles on the clock, you’d expect careful curation too; allied with Porsche’s legendary build quality you’re looking at a car that has shrugged off the years with impressive nonchalance.

Because the shutlines are still every bit as tight and consistent as they were when the panels were fitted. Nor are there any ripples long the sides.

And the paintwork shines as brightly in 2024 as it did when we were all tapping the steering wheel to songs like Deeply Dippy and Rhythm is a Dancer.

As a nineties Porsche there’s no chrome to worry about as everything is either painted Guards Red or black.

Examining the four corners shows no damage whatsoever to the bumpers, and peering at the door mirrors confirms they haven’t been bashed or bumped either.

The door handles and rear badging are finished in black, and the finish is unmarked and free of any signs of aging.

The wheelarch rims are also free of rot and corrosion, the badges are lustrous and colourful, and the lamp lenses are free of cracks and chips.

Heck, even the paper barcode is still in place inside the nearside door shut.

Oh, and as you’d expect, the rear spoiler pops up and down as it should.

It really is all in a remarkable condition and the phrase ‘time warp’ keeps coming to mind.

The 17-inch, five-spoke alloy wheels are free of scuffs, scrapes, and other kerbing damage, and they’re finished off with some very good centre caps and their open design allows you to admire the subtle black brake calipers and ventilated discs that lie behind.

As you’d expect, the tyres are very good with 205/50ZR17 Michelin Pilot Sport on the front and 255/40R17 Michelin Pilot Sport on the rear. All have good tread but then they are date-stamped 2020 and 2021 and the car has only covered around a thousand miles in the last three years.

We will never get tired of telling you that experience shows that matching high-quality tyres are an infallible sign of a caring and mechanically sympathetic owner who is prepared to spend the appropriate amount in maintaining their car properly.

As for the roof, its condition is as impressive as its engineering: It rises and falls easily, fits beautifully, seals tightly, and tucks away under a Beetle-style tonneau when you want to enjoy the sun.

There are no rips, tears, or loose stitches visible, and the colour is still vibrant and dark; there’s no need to worry about sun fading here.

However, if you are looking for a few smalls jobs then we have good news for you because the fuel filler cap has some greasy fingerprints on it.

Other than that, the only real sign of aging is the windscreen, which is starting to delaminate. However, it’s unlikely to be anything more than a minor niggle for a long time to come.

Interior

The black leather interior is as impressively well preserved as the exterior. Yes, there are some very light creases to the face material of the front seats, but it is very light and that’s just about the extent of the patina.

They’re also every bit as comfortable and supportive as they’ve ever been. Electrically adjustable, they slide fore and aft as they should – but then you’d already guessed that by now, hadn’t you?

The vestigial rear seats have seen even less use than those in the front – and remember we’re talking about seats that have seen only a little over 9,000 miles of use. In other words, they’re barely broken-in.

The gearknob and plastic gear surround trim still look like new, but then you probably only touch ‘em twice on every trip.

The door cards are excellent too, and the car has been so carefully used that both door releases still bear their factory stickers.

The leather-covered steering wheel shows only the faintest traces of ever having been handled, the lettering and symbols on the switches and controls is all still bright white, the heel pad on the driver’s carpet is practically unmarked, and the top of the dashboard is free of cracks and other sun-induced damage.

The Porsche headunit might not be the original but it has a wonderfully of-the-period tiny screen for the built-in sat-nav, which is a win. It’ll also stream your phone calls and music via Bluetooth, and has a DAB tuner, making it a worthy addition to the dashboard.

There’s a USB and a phone point inside the glovebox, too plus a Fischer cassette holder behind the handbrake.

The frunk is as beautifully presented as everywhere else. Home to, among other things, the space-saver spare wheel and what seems to be an unused tool kit, lifting the former out shows only well-polished and rust-free metal underneath.

Covering it all up in daily use is a very good carpet that even has a pocket built into it to hold the factory warning triangle, which is also present.

We are told that everything works as it should, which means the only flaw is the driver’s door pull, which has a mark on it.

Mechanical

The 911’s servicing record starts in Hong Kong and picks up pace in the UK:

  • 03.06.2005 and 5,921 kms – service by Porsche Hong Kong including fresh brake fluid
  • 09.08.2005 and 9,848 kms – service by Porsche Hong Kong
  • 09.06.2006 and 10,489 kms – air-conditioning recharge plus a new battery by Clichy Car Services
  • 10.08.2006 and 10,895 kms – service by Clichy Car Services
  • 20.04.2007 and 11,404 kms – new hood motor by Clichy Car Services
  • 11.09.2007 and 11,533 kms – service by Clichy Car Services including fresh brake fluid and new sparkplugs
  • 02.11.2007 and 11,597 kms – reconditioned steering rackplus a hood reset by Clichy Car Services
  • 18.09.2008 and 11,771 kms – service by Clichy Car Services
  • 22.09.2009 and 12,410 kms – service by Clichy Car Services
  • 04.12.2009 and 12,429 kms – service including new rear spoiler motor and fresh brake fluid by Clichy Car Services
  • 12.10.2010 and 12,653 kms – service including new oil and filter, sparkplugs, fuel filter, brake fluid, and rear light by Clichy Car Services
  • 25.05.2011 and 12,676 kms – new starter motor by Clichy Car Services
  • 24.10.2011 and 12,681 kms – new battery by Clichy Car Services
  • 18.11.2011 and 12,699 kms – repairs to the alarm system and new auxiliary belts and sensor by Clichy Car Services
  • 05.05.2012 and 12,818 kms – engine and gearbox oil change plus new distributor cap and rotor arm, fresh brake fluid, and an air-conditioning service by Clichy Car Services
  • 23.12.2013 and 12,848 kms – oil service plus new front and rear brake discs and pads, fresh brake fluid, and new oil pipes by Clichy Car Services
  • 21.08.2020 and 13,601 kms – service by Hexagon Classics including fresh brake fluid
  • 08.10.2021 and 14,123 kms – service by Hexagon Classics
  • 22.03.2022 and 13,827 kms – miscellaneous work including an oil and filter change, two new rear Bilstein dampers, a new oil pressure sender, door seal adjustment, new lamp units, new gaskets to cam chain cover, a valve clearance check, and fresh brake fluid by Jaz Porsche at a cost of almost £5,000
  • 30.03.2023 and 14,373 kms – new front Bilstein dampers and lowered H&R springs all round by D&G Porsche at a cost of £1,580
  • 04.04.2023 and 14,382 – service by D&G Motor Engineers
  • 18.03.2014 and 14,742 kms – service by D&G Motor Engineers

As the video demonstrates, the 3.6-litre engine bursts into life and settles into a steady idle. It revs as well as we’ve come to expect of a Porsche flat-six and shows good oil pressure.

Despite being a longtime 3.6 enthusiast – he also runs the 3.6 Turbo register 964turbo36.co.uk  – this is the seller’s first Tiptronic-equipped car.

He wasn’t too worried about buying one with an automatic ‘box as he acknowledges the Cabriolet is more of a grand tourer than an out-and-out sportscar but he says he’s still been very pleasantly surprised by how well it suits the car.

“It drives wonderfully!” he enthuses, going on to report that he had Jaz Porsche go over the car before he committed to buy it. They checked the valve clearances at the same time as they changed the gaskets, which means the engine is now oil-tight, and the workshop reported that every single one was still within tolerance, even after thirty years.

Their report also concluded that the car’s condition was commensurate with the recorded mileage.

(Interesting note: the seller used to own the ex-Jensen Button 964 Turbo that sold recently for £317,000. While admitting they’re very different cars with very different provenances, he says that this car is even better condition as well as being rarer: Only 119 turbo look Cabriolets were built, with more like 150 3.6 Turbos rolling out of the factory doors.)

He then had front Bilstein dampers fitted along with a set of H&R springs, as the rear dampers had been replaced by Jaz in 2022 and he was keen to finish the job. The result “transformed” the handling.

The engine bay is neat and clean without being overly so. It could be further detailed should you want to show it competitively but it’s easily good enough to display without shame if you aren’t hunting rosettes.

As for the underside, we’ll talk about the 911’s MoT record in the next section but suffice it to say no tester has ever mentioned structural rot and corrosion, something its impressive visual condition underpins.

The only fault the owner is aware of is the roof, whose warning light sometimes comes on. Raising and lowering it again always sorts it out, so the fix might just be a sticky sensor or switch.

NB: The last three photos in the ‘Mechanical’ section are from 2022 when Jaz Porsche conducted a pre-purchase inspection. The seller points out that “the light brown marks on the photographs of the underside are factory Cosmoline wax protection.”

History

The 911’s MoT certificate is valid until April 2025 – and, if you discount the overly pedantic tester in 2023 and 2024 who seems to be obsessed with the presence of the factory undertrays, it’s racked up a straight run of advisory-free MoTs since it arrived in the UK in 2005.

The recent Vehicle History Check is clear, and it comes with two keys, the Porsche book pack, and a bunch of old invoices and expired MoT certificates.

It has also retained some of its paperwork from Hong Kong. This shows it had three owners while it was out there, the same of previous keepers it’s had in the UK.

Summary

Beautifully presented and with a tiny mileage, this 911 looks every bit as good now as it would have done back in the early nineties.

Which means the economics are straightforward: Can you find another one in this condition and with this mileage?

Probably not, at least not easily.

Sure, you could buy a restored car, and maybe you could even do it for less money, but cars are only ever original once and if you want to enjoy the purity of Porsche engineering as the factory intended then you need to buy a carefully curated car with a miniscule mileage like this.

Which means this isn’t going to be cheap.

We think the virtual hammer will fall somewhere between £110,000 and £130,000, which might be a lot of money but given how steady the residuals of air-cooled Porsche 911 have been, it might even turn out to be a canny investment.

Viewing is strongly encouraged, and this lot is located at Bonhams|Cars Online HQ. Viewings are STRICTLY BY APPOINTMENT and we are open weekdays between 10am - 12pm or 2pm - 4pm. To make a booking, please use the Enquire About This Vehicle button at the top of the listing. Feel free to ask any questions, or try our ‘Frequently Asked Questions’.

About this auction

Seller

Private: TargaJonny


Viewings Welcome

Viewing is strongly encouraged, and is strictly by appointment. To book one in the diary, please get in contact.

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