This 1991 Porsche 911 Cabriolet used to be one of the cheapest air-cooled models you could buy. The 964 chassis was frowned upon, with the early models having numerous teething issues that made them the black sheep of the modern 911 era. No more, as everything air-cooled has become a commodity, whether the quality of the driving experience justifies the price tag. This 1991 model is listed here on eBay with over 100,000 miles and bidding to just under $38,000 with no reserve. The 911 is located in Moorpark, California.

For a hot minute, I thought I would try and find a 964 to add to my garage. Now, even though for years this generation of the 911 was hardly the favorite, I always liked it as I felt the shape was the purest expression of the 911. The more squared-off fenders were reminiscent of 911 generations prior, while the updated rear end treatment made the car decidedly more modern. The speed-activated spoiler was one of the coolest things I had ever seen, and Will Smith piloting a 3.6 Turbo in the original Bad Boys film was perhaps one of the most enjoyable five minutes I’ve ever spent in the movie theater. In short, I love this era of the 911, warts and all.

But it is well known that the first runs of this new generation had plenty of flaws, and the four-wheel-drive model was particularly lacking in driver engagement. I spoke with a friend this morning who knows this era well, and he referred to the Carrera 4 as having one of the numbest driving experiences he’s ever seen in a Porsche. Now, thankfully, this is a rear-wheel-drive Carrera 2, so the steering feel should be closer to the classic 911 experience in terms of the chassis response, but it’s still a convertible model which historically is just barely above the Targa in terms of desirability. However, all that has changed, and it’s not surprising to see this one approaching $40,000, especially with what looks like a very nice interior.

The seller reports this 911 has been in long-term ownership and that is has been well-mainainted. It supposedly has no running issues at the moment, but even an engine that needs to come out for a full re-seal can seemingly run well. More information is certainly needed, but the buyers vying for the chance to own this 964 convertible likely aren’t too concerned about maintenance records – after all, this is one of the more affordable ones on the market right now at the current price tag, and black on black with the preferred five-speed manual is as good as it’s going to get for a convertible model. What do you think – is this once-unloved 911 worth the price?