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Porsche 964 Carrera RS

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The RS icon · 1991-1996

Porsche 964 Carrera RS & RS 3.8 Price Development

A cyclical course rather than a linear rise in value: historical prices 2012-2025, 95 documented sales from the MarqueScope SOLD archive (as at June 2026), recommendations for investors and enthusiasts, and the forecast to 2030 (as of 2025).

The models Price Trends Sales data 2026 Recommendations Outlook and forecast Conclusion
Two variants, two markets

The 964 Carrera RS at a glance

The Porsche 964 Carrera RS was built in two main variants: the Carrera RS (3.6), built from 1991 to 1992, and the considerably rarer Carrera RS 3.8, which was built only in 1993 and counts among the rarest and most coveted 911 RS variants of all. Alongside them, the June 2026 sales archive also contains the export offshoot Carrera RS America, the motorsport homologation car RS N/GT and 964 Cuprace cars; they are shown separately in the sales table.

2,276

RS 3.6 built

55

RS 3.8 built

260 PS

RS 3.6 · 3.6-litre flat six

€245k

Median sale price, RS 3.6 · June 2026

Model specifications

RS 3.6 and RS 3.8

964 Carrera RS (3.6)

1991-1992 · around 2,276 built

  • 3.6-litre flat six, 260 PS
  • Variants: standard and Clubsport
  • The subject of the price analysis on this page

964 Carrera RS 3.8

1993 only · around 55 built

  • 3.8-litre flat six, around 300 PS
  • Extremely limited, with its own price development
  • One of the rarest and most coveted 911 RS variants
The course of the market 2012-2025

Four phases, one cycle

The cycle analysis that follows relates exclusively to the 964 Carrera RS (3.6). The considerably rarer and more valuable RS 3.8 shows a different price development, which is not represented in this chart. The sales table at the end of this chapter shows the RS variants and the motorsport cells (964 Cup, RSR 3.8) separately.
Price development of the Porsche 964 Carrera RS 2012-2026

Price development of the Porsche 964 Carrera RS (3.6): average prices (condition grades 1-3) from 2012 to 2025, supplemented by the median sale price from June 2026 (€245,000, 60 documented sales). The step at the current edge reflects the change of method as well as the movement of the market; details in the table at the end of this chapter.

Phase 1: a stable starting point (2012-2014) +
  • Relatively constant prices at around €85,000
  • A moderate rise in value towards the end of the phase
  • The start of wider collector interest in air-cooled Porsche models
Phase 2: explosive growth in value (2014-2016) +
  • A dramatic rise in price from around €100,000 to around €190,000
  • Almost a doubling of the value within two years (+90 %)
  • The start of the air-cooled Porsche boom
Phase 3: a longer period of correction (2016-2021) +
  • A continuous fall in prices over five years
  • A reduction from €190,000 to around €150,000 (-21 %)
  • A stabilisation of the previously overheated market
Phase 4: a moderate recovery (2021-2025) +
  • A renewed upward movement to around €195,000
  • A return to the level of 2016
  • A less steep rise than in phase 2
  • June 2026 sales data: a median of €245,000 across 60 documented sales, clearly above the curve value of around €195,000 for 2025; alongside the real movement of the market, the change of method from average price to median sale price contributes to this (details in the table below)

Documented sales: MarqueScope market data (as at June 2026)

95 documented RS, RSR and Cup sales from the MarqueScope SOLD archive (October 2025 to June 2026). Prices correspond to the last recorded asking price of the car sold; 180 records without a price and 6 records below €15,000 were removed from the overall export beforehand. All 95 cars are manuals: the RS, RS America and Cup were delivered exclusively with a manual gearbox, and the raw export confirms this without exception.

ModelSalesMedianRangeMedian kmDays on market
964 Carrera RS (3.6)60€245,000€159,000 - €555,90069,07645 days
964 Carrera RS N/GT8€335,000€230,000 - €490,99857,07348 days
964 Carrera RS America6€175,060€129,000 - €212,89888,39928 days
964 Cup (motorsport)19€255,964€144,900 - €379,00039,49469 days
964 Carrera RSR 3.8 (motorsport)1€900,000A single sale18,150205 days
964 Carrera RS 3.8 (recorded in error, see the note)1€159,964A single sale73,80073 days

The sales column counts listings sold; where the same car was relisted (recognisable by identical mileage, sometimes on a second platform or at an adjusted price), it is counted as one sale: behind the 60 RS listings stand 54 unique cars, behind the 19 Cup listings 18. Counted per car, the RS median moves only marginally, to €249,700 (Cup: €252,972). The two n=1 rows are not robust market values: the sale recorded as an RS 3.8 (€159,964) is, according to the listing, in fact a restored RS America, and at the same time a duplicate of a car already included in the RS America row (identical mileage of 73,800 km, identical initial asking price); genuine RS 3.8 cars (around 55 built) trade in seven figures, and the only RS 3.8 offer with a price in the archive stood at an initial asking price of €1.7m with no documented sale price. The 964 Cup and the RSR 3.8 are race cars, and their prices are only comparable with a road RS to a limited extent. The extremes of the RS range are not recording errors but effects of condition and mileage: €555,900 for a car with 3,950 km, €159,000 for one with 90,000 km.

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What the June 2026 sales data shows +
  • The standard RS (3.6) achieves a median of €245,000 across 60 documented sales, with an enormous range: cars with less than 10,000 km sold for between €449,900 and €555,900, high-mileage cars from €159,000
  • The RS N/GT is the most expensive robustly documented variant: a median of €335,000 (8 sales), a premium of around €90,000 over the standard RS
  • The RS America remains the cheapest way into the RS world: a median of €175,060 (6 sales), though with the highest mileages in the field (median 88,399 km)
  • 964 Cup cars (motorsport) sit at the price level of the road RS, in fact slightly above it: a median of €255,964 (19 sales) at the low mileage typical of motorsport (median 39,494 km)
  • Despite six-figure prices, the RS is liquid: a median of 45 days on the market; the most expensive car (€555,900, 3,950 km) found a buyer in 2 days, while the one RSR 3.8 (€900,000) stood for 205 days
  • Data cleaning: 180 records without a price and 6 below €15,000 were removed globally; 7 relistings in the RS and Cup cells move the medians by less than 2 %; the only sale recorded as an RS 3.8 is in truth an RS America (a recording error)
Source: MarqueScope market monitoring, export of 11 June 2026. More at marquescope.de
The 964 Carrera RS model bible

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Buying strategy

Recommendations for buyers

For investors +
  • Realistic price expectations: be guided by verified market data, not by inflated asking prices; the earlier reference value of around €195,000 (as of 2025) has already been overtaken by the median sale price from June 2026 (€245,000 across 60 documented sales)
  • Mind the phase of the cycle: weigh the timing of the purchase against the market cycle
  • A long investment horizon: allow at least five to eight years so that cycles can even out
  • Prioritise quality: invest only in first-class cars with complete documentation
  • Watch for freedom from modification: original cars hold their value better
For enthusiasts +
  • Usability: the 964 RS offers an excellent balance of classic feel and modern usability
  • Budget for servicing: regular inspections and preventive maintenance are decisive for holding value in the long term
  • Check the history: pay particular attention to a documented clean accident record
  • A willingness to compromise: slightly higher mileage can offer considerable savings without spoiling the driving experience
  • Access to the community: specialist forums and clubs offer valuable knowledge and often access to cars that are not traded publicly
Forecast to 2030

Influencing factors and market dynamics

Positive influencing factors

  • The enduring appreciation of the air-cooled Porsche generation
  • Limited production figures (2,276 built)
  • The increasing age of the cars available
  • Growing interest in analogue driving experiences in a digital motoring world
  • Rising demand for classics with a sporting character

Challenges and risks

  • A recognisable market cyclicality, with further corrections possible
  • The increasing age of important components, with rising servicing costs
  • Potential regulatory restrictions on classic cars
  • Economic uncertainty in the luxury market
  • A considerably higher production figure compared with the RS 3.8

Forecast to 2030 (as of 2025)

YearForecast valueAnnual increase
2025€195,000-
2026€203,000+4.1%
2027€211,000+3.9%
2028€220,000+4.3%
2029€229,000+4.1%
2030€240,000+4.8%

A forecast from the 911Finder market analysis, produced in 2025 on the basis of average prices (condition grades 1-3): a moderate rise in value of around 4 % a year to around €240,000 by 2030.

Reality check, June 2026: The forecast dates from 2025 and aimed at around €240,000 by 2030. At €245,000, the median sale price of the 60 documented RS sales from June 2026 is already above that target. Part of the difference is methodological (the median sale price of documented sales rather than the average price of well-kept cars), the rest is real movement in the market. The forecast is therefore to be regarded as conservative and will be recalibrated with the next data update.

The conclusion from 911Finder

The Porsche 964 Carrera RS remains an icon among the air-cooled Porsche models, with solid long-term potential for growth in value. The clearly cyclical course, a peak in 2016, a correction lasting several years, a moderate recovery since 2021, makes one thing plain: even with coveted collector cars, a linear rise in value is not guaranteed, and timing is a decisive factor. The forecast to 2030 (as of 2025) points to around €240,000, a sensible annual return of around 4 %; at a median of €245,000, the documented sales from June 2026 are already above that mark, so the forecast is on the conservative side. The combination of driving qualities and solid value development makes the RS (3.6) an attractive collector's car, one that should be viewed with realistic expectations.

The next step

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