Home/Price Trends/Carrera market analysis 2024-2025
911Finder Market Intelligence · January 2026 · 911Finder dataThree generations, one core: why the Carrera market is more complex than its reputation suggests.
The 911 Carrera is the heart of the model range and at the same time the most underrated market. While the GT3 and the Turbo are treated as "safe bets", the Carrera market is a web of micro-segments: rear-wheel drive against all-wheel drive, manual against PDK or Tiptronic, Coupé against Cabriolet against Targa, and three fundamentally different generations, each with its own buyer logic.
991.1 Carrera GTS PDK above forecast
Manual premium, 997.1 Carrera S
Strongest mileage correlation: 991.2 Carrera S
Widest price range: 992.1 Carrera S
Where does your Carrera sit in the market band? We place the car you are looking at using data: a realistic price range, a specification check and a market comparison.
Note: the figures represent market ranges, not guaranteed prices.
2004-2012 · the last "analogue" 911
2011-2019 · the turning point
2019 to date · the digital generation
Buying a Carrera is not buying "a 911", it is buying a philosophy. The 997 is analogue, the 991.1 is the last naturally aspirated car, the 992 is digitally perfect.
An interesting pattern shows up on the 997: asking prices sit on average 5-10% above realised sale prices. The exception is the 997.2 Carrera S with a manual gearbox, where sale prices sometimes exceed the asking prices, which points to thin supply and strong demand.
The 991 market is more mature: the gap between asking price and sale price is mostly below 5%. The 991.2 Carrera T in particular shows the reverse dynamic, with sale prices above asking prices, which underlines the strong demand for this purist model.
The 992 market shows the largest differences: asking prices on the Carrera T in particular are markedly inflated (+19.4% for the PDK). The GTS models, by contrast, and especially the 992.2 Carrera 4 GTS, sell close to or even above the asking price.
Expert knowledge on the Carrera you want: detailed market data, weak points, inspection checklists, production figures, value-adding options and price forecasts.
A Carrera forecast only works if it forecasts the specific variant rather than "the Carrera": generation, transmission, drivetrain, body style.
Why mileage matters more on the 997.2 than on the 997.1.
| Model | Correlation (r) | Interpretation |
|---|---|---|
| 997.1 Carrera | -0.68 | Strongly negative |
| 997.1 Carrera S | -0.68 | Strongly negative |
| 997.2 Carrera | -0.86 | Very strongly negative |
| 997.2 Carrera S | -0.82 | Very strongly negative |
| 991.1 Carrera | -0.86 | Very strongly negative |
| 991.2 Carrera S | -0.90 | Very strongly negative |
| 992.1 Carrera 4S | -0.72 | Strongly negative |
| 992.2 Carrera 4 GTS | +0.00 | No correlation |
What this tells us: On the 997.1 the "classic-car logic" is beginning to take hold, and condition matters more than the odometer alone. On the 997.2, by contrast, mileage is a dominant price factor. On the very young 992.2 models mileage does not yet come into it; what counts there is specification and availability.
On the 997.1 the manual gearbox brings a clear premium of 5-10% over the Tiptronic. The buyer logic is simple: anyone who wants an "analogue" 911 wants to change gear themselves.
From the 991 onwards the PDK has taken the upper hand. On many variants the manual is no longer offered, and where it is, it often no longer commands a premium.
On the GTS models the old rule still holds: a manual gearbox means a premium. The 991.2 Carrera 4 GTS with a manual sits at roughly €145,000 (median), while the PDK version is at roughly €130,000. That is 11.5% more for the manual gearbox.
| Segment | 2026 forecast | Reasoning |
|---|---|---|
| 997.1 manual | +2% to +5% | Classic status, thin supply of good cars |
| 997.1 Tiptronic | -3% to -5% | Weaker demand, buyers prefer the manual |
| 997.2 PDK | -5% to -8% | Market correction, competition from cheaper 991.1s |
| 991.1 (naturally aspirated) | 0% to +3% | Stabilising at a high level, demand for the naturally aspirated engine holds up |
| 991.2 (turbocharged) | -4% to -7% | Pressure from cheaper 992.1 listings |
| 992.1 | -8% to -12% | The facelift effect, with the 992.2 weighing on prices |
| 992.2 | -10% to -15% | Normalisation after launch |
2026 will be the year of differentiation: the 997.1 with a manual gearbox and the naturally aspirated 991.1 are becoming the steady anchors, while the younger turbocharged generations carry on correcting.
Price ranges across every generation.
| Generation | Median | Min | Max | Range |
|---|---|---|---|---|
| 997.1 Carrera S | approx. €65,000 | €45,000 | €85,000 | €40,000 |
| 997.2 Carrera S | approx. €75,000 | €55,000 | €95,000 | €40,000 |
| 991.1 Carrera S | approx. €85,000 | €65,000 | €115,000 | €50,000 |
| 991.2 Carrera S | approx. €103,000 | €77,000 | €135,000 | €58,000 |
| 992.1 Carrera S | approx. €130,000 | €110,000 | €195,000 | €85,000 |
| 992.2 Carrera S | approx. €165,000 | €145,000 | €212,000 | €67,000 |
What this tells us: The price range widens with every generation and is widest on the 992. That says something: the younger the car, the more the individual specification counts. On the 997, by contrast, the market is "tighter", and condition is what primarily sets the price.
Data basis: 911Finder Market Monitoring & Analytics (EU), euro-denominated entries only. The analysis covers active listings (ACTIVE) and completed sales (SOLD) from Q4 2025.
Purpose: Realistic market ranges, not guaranteed prices. The report is a snapshot of Q4 2025 and is meant as a guide, not as a binding valuation.
Limitations: Special models (50 Jahre, Speedster) were treated separately. Extreme outliers were excluded from the median calculation.
911Finder Market Intelligence: independent market analysis for Porsche 911 cars. As at Q4/2025.