#Porsche959
Rare Rides: A 1988 Porsche 959 for Over One Million Dollars
Silver on the outside, and multi-shaded maroon on the inside, this Porsche 959 is the most expensive car we’ve featured in the Rare Rides series to date. What do you get for $1.25 million dollars, aside from service visits costing $100,000?
As you prepare to sell off your mixed security holdings, let’s find out.
The Man Who Saved the Porsche 911 From Oblivion Has Died
It’s kind of difficult to imagine if you aren’t old enough to remember, but there was a period in the 1980s when the Porsche 911 was almost removed from the automotive landscape. In 1979, Porsche had made plans to replace the 911 with the new 928. The working logic was that the 911 was too quirky, impractical, and a bit of a handful. Porsche executives figured it just made good sense to swap it with something that had a broader appeal, especially as the company’s finances weren’t looking particularly robust at the time.
However, in 1981, Porsche AG found itself with a new chief executive — a German-born American named Peter Schutz. And he was having absolutely none of that nonsense.
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