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Which classic Porsche is the cheapest to insure?

Porsches have a devout following with clubs, corners of the internet, magazines, and shows devoted to metal sporting the Württemberg coat of arms. Love them or hate them, most Porsche's offer excellent thrills for the enthusiast - but the cost of insurance can vary wildly, depending on which model you're after. As you can see, there are affordable ways into Porsche ownership - but it's the Boxster that represents poor value for money, which low values and high premiums offering the worst of both worlds.

Can I get it on a classic policy?

Pretty much all Porsches can be insured on a classic policy.

What are the benefits?

As well as being with a specialist insurer, a classic policy will often offer benefits such as limited mileage discounts, free European cover, agreed valuation and club member discounts

How much are they worth?

The answer to this question depends on which one you want. Lower down the food chain is the 924 (thanks in part to its Audi van-derived engine). If you've got £3000 to spend you should be able to pick up a good one indeed. At the other end of the stratosphere is the 911 993 GT2, which won't get you much change from a millon.

What to look for when buying one?

Each model has its own weak spots and quirks, but make sure the car has been well looked after, check for accident damage, rust, and that the engine is in good health.

How can I lower the cost of my insurance

Insurers often offer discounts if you’re a member of a classic car club like Porsche Club GB. You could also get yourself a discount by keeping the miles down. If you've recently passed your test, consider taking a PassPlus, IAM or other driver qualification - some insurers will chip a bit off your premium if you do. Keeping your car garaged is also another good idea.

What about modifications?

Always tell your insurer about any modifications to the vehicle - some modifcations such as security systems or tracking devices can reduce your premium. But if your insurer knows your car is modified, you'll most likely get like-for-like cover so you won't be out of pocket if you need to make a claim.

Insurance quotes

The following fully-comprehensive insurance quotes are on a 40-year-old Cambridgeshire-based man in full-time employment. He is named driver on another car and has clean UK licence. Mileage is limited to 3000 a year and the car is kept garaged overnight.

Model Value Premium Insurer
1965 Porsche 911  £150,000 £896.56 Flux Direct
1967 Porsche 912  £40,000 £78.62

Performance Direct

1970 Porsche 914  £28,000 £78.62 Performance Direct
1975 Porsche 911 (930) £50,000 £157.09 Lancaster
1978 Porsche 924 £2500 £78.62 Performance Direct
1980 Porsche 928 £10,00 £88.40 Performance Direct
1983 Porsche 944 £6500 £81 Flux Direct
1992 Porsche 968 £12,000 £266.96 Flux Direct
1990 Porsche 911 (964) £11,000 £297.33 Flux Direct
1998 Boxster (986) £5000 £391.91 Flux Direct
1995 Porsche 911 (993) £28,000 £485.62 Performance Direct
1999 Porsche 911 (996) £20,000 £462.49 Flux Direct

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