Porsche 997 991 992 GTS Price Trends

• The GTS is the volume hero: 2,428 documented sales in eight months, 641 of them for the new 992.2 T-Hybrid, which settles straight away between €181,100 (rear-drive Coupé) and €215,976 (Targa)
• A manual reality check cell by cell: on the 997.2 the premium sits almost entirely in the Cabriolet (+€27,500: €119,500 manual vs €92,000 PDK, 13 sales) and in the C4 Coupé (+€9,900); in the rear-drive Coupé there is parity. On the 991.1 the manual pool is +€28,000 above PDK (only 13 sales, including rare Targa and all-wheel-drive manuals, too thin to split per cell). On the 991.2 the pool difference is +€13,000
• On the 992.1 the premium flips: the 11 manual sales in the rear-drive Coupé (the only cell above the n>=8 threshold) achieved a €145,900 median, below their PDK sisters (€155,000)
• The blanket 5-8% all-wheel-drive premium holds in the PDK median sale prices only for the 992.1 (+7.7%), 992.2 (+7.6%) and 991.1 (+8.1%). On the 991.2 the rear-drive car trades slightly above the C4 (+1.9%), and on the 997.2 3% above
• The Targa premium quantified for the first time: depending on the generation, roughly 8 to 24% over the corresponding all-wheel-drive Coupé (peak on the 991.1: €149,900, on only 11 sales)
• Fastest sales: the 992.1 and 992.2 Carrera 4 GTS Cabriolet, at 17 and 18 days on market respectively

• After initial depreciation to around 2017, values have stabilised and risen slightly
• Manual cars historically commanded roughly €15,000 more. The 2026 median sale prices are more nuanced: +€27,500 in the Cabriolet, +€9,900 in the C4 Coupé, and parity in the rear-drive Coupé
• In the average prices, all-wheel-drive cars (4 GTS) sit slightly above rear-wheel-drive ones; in the 2026 median sale prices, by contrast, the rear-drive car trades around 3% above the C4: purists pay for rear-wheel drive
• Coupés are valued higher on average than Cabriolets, with the exception of very rare manual Cabriolet combinations, and the June data confirms exactly that exception emphatically: at a €119,500 median, the manual Cabriolet is the most expensive 997.2 GTS cell

• Heavy depreciation in the first 4-5 years after the end of production
• From 2021 a turn is visible, with values stabilising and rising slightly
• The price difference between manual and PDK was historically around €10,000. In the 2026 manual pool it is +€28,000 (though on only 13 sales, including rare Targa and all-wheel-drive manuals); the collector thesis is clearly borne out as a tendency
• All-wheel-drive and Cabriolet cars show a similar depreciation pattern, but at different price levels
• The rarer manual is increasingly seen as a collector’s item and holds its value better
• 2026 confirms the turn: the median sale prices (all gearboxes: €115,991 to €120,946 depending on drivetrain) sit above the 2025 averages

• As the first turbocharged GTS generation, the 991.2 GTS shows a different value path from its predecessors
• After the initial depreciation, a stabilisation has been visible since 2024
• The price difference between manual and PDK was historically around €9,000-10,000; in the 2026 median sale price it is +€13,000 (25 manual sales)
• All-wheel-drive cars hold their value much like rear-wheel-drive ones; in the 2026 median sale prices the Coupés are practically level (+0.8%)
• Cabriolets lose a larger share of their value than Coupés; the Targa is shown separately for the first time in the June data (€144,000 median)
• In 2026 the median sale prices point upwards: across all gearboxes, €123,000 to €132,991 depending on configuration, above the 2025 averages

• As the most recent combustion-only generation before the T-Hybrid, the 992.1 GTS shows the typical depreciation of a new car
• Depreciation runs at roughly 5-6% a year, which counts as moderate in the sports-car segment
• In asking prices, manuals traded at a premium of about €10,000; in the 2026 median sale prices the picture flips: the 11 manual sales in the rear-drive Coupé (the only robust cell) achieved €145,900, roughly €9,000 below their PDK sisters
• The all-wheel-drive cars show a clear premium: +7.1% in the 2026 median sale price of the Coupés (all gearboxes), +7.7% in the PDK-only comparison
• Cabriolets and Targas sit above the Coupés on price, which is usual for newer cars (unlike older generations, where Coupés often hold their value better)
• In 2026 the median sale prices (across all gearboxes, €155,000 in the rear-drive Coupé to €178,746 in the Targa) sit above the extrapolated depreciation curve: the market has revised the 5-6% annual figure upwards

• The first hybrid generation established itself as a volume model straight away: 641 documented sales in eight months
• Median sale prices, June 2026: Carrera GTS €181,100, Carrera 4 GTS €194,900, 4 GTS Cabriolet €204,900, Targa 4 GTS €215,976
• Effectively as-new cars: median mileage of 5,100 to 6,200 km
• At +7.6%, the all-wheel-drive premium is at 992.1 level, so the hybrid technology does not change the pricing logic between variants
• There is no manual any more; the gearbox debate ends with this generation

The body style has a significant influence on market value and on long-term value development:

Coupé vs Cabriolet:

• On the 997.2, Coupés are valued higher than Cabriolets throughout
• From the 991.1 on, the Cabriolets catch up, trading partly level with and partly above the Coupés; on the 992.1 they are consistently above
• Cabriolets often lose more value than Coupés in the early years
• Particularly rare Cabriolet combinations (with a manual gearbox, for instance) can appreciate better than standard ones

Long-term value stability:

• Coupés traditionally count as the "purer" sports car and are preferred by purists
• On rarer models (such as the 997.2 GTS), manual Coupés are becoming the most sought-after collector cars
• In the June 2026 sale data, Targas trade above both Coupé and Cabriolet in every generation, and are shown separately in the sale table

The choice between rear- and all-wheel drive affects prices as follows:

Rear-wheel drive vs all-wheel drive:

• All-wheel-drive cars (Carrera 4 GTS) achieve a premium of roughly 5-8% on the 992s and the 991.1 (2026 PDK median sale prices: +7.7%, +7.6% and +8.1%). On the 991.2 and 997.2, by contrast, the rear-drive car trades slightly above the C4: purists pay for rear-wheel drive
• The percentage difference stays relatively constant over the years
• On older cars (997.2) the absolute difference has narrowed
• On newer cars (992.1) the difference is considerably more pronounced

The effect on value stability:

• Rear-wheel-drive cars are often preferred by purists and can achieve better collector values over the long run
• All-wheel-drive cars count as more usable every day and are often valued higher in markets with difficult weather
• Targas are available only with all-wheel drive, which limits the comparison

The gearbox is one of the most important price factors on Porsche 911 GTS models:

Manual vs PDK:

• In the average prices to 2025, manual cars consistently achieved higher prices than PDK cars
• In the 2026 median sale prices this is clearest on the 997.2 Cabriolet (+€27,500) and in the 991.1 manual pool (+€28,000, on only 13 sales): the rare naturally aspirated manual combinations have become a collector matter
• On the 991.2 the pool difference is +€13,000; in the 997.2 rear-drive Coupé, by contrast, there is parity
• For the 992.1 generation no premium can be demonstrated in the median sale prices any more (the manual could be ordered in every body style except the Targa, but only the rear-drive Coupé provides robust sale data); with the 992.2 T-Hybrid the manual era in the GTS ends for good

What drives the difference:

• Rarity: manual gearboxes are built in smaller numbers
• The emotional factor: the driver is more involved and the experience is "more purist"
• Collector value: manual gearboxes count as more traditional and more authentic
• The future: with electrification, manual gearboxes could disappear altogether, which raises collector value

The various GTS generations show distinct price patterns:

997.2 GTS (2010-2012):

• As the first GTS generation with a classic naturally aspirated engine, and the last GTS with hydraulic power steering, it holds particular collector value
• After a trough around 2016/2017, prices have risen again
• Manual cars in particular are traded as classics

991.1 GTS (2014-2016):

• As the last naturally aspirated GTS, it is becoming more attractive
• The price low has probably been passed, with first signs of values stabilising
• Better equipment and engineering than the 997.2, but a similar driving concept

991.2 GTS (2017-2019):

• The first turbocharged GTS, which purists judge in different ways
• Still in the typical depreciation cycle, but stabilisation is emerging
• Considerably more advanced technically than its predecessor

992.1 GTS (2021-2024):

• A generation built until 2024, with moderate depreciation
• The most powerful GTS without a hybrid (480 PS)
• Up-to-date technology and a further developed PDK with 8 speeds