Porsche 911 (992) Targa

992 911 TARGA CARSTOCKSPECIALTY
$198K ▲ $21.6K (+12.3%)12 mo
WATCHMixed signals — but volatile.
Fair value$198K ($174K–$222K)
Typical ask$196K
Recent sold$199K
12-mo outlookRoughly flat · 5-in-10 up
ConfidenceHigh · 48% calls right
Buyer: Anchor offers to recent sold comps ($199k).
Seller: Price near recent sold comps ($199k); expect negotiation.
Watcher: Volatile — wait for a clearer trend before acting.
💰 Pricing your car to sell
Quick sale$174Ksells fast
Fair$199Krecent comps
List$213Kroom to negotiate
Stretch$231Kexceptional
🎯 Buying guide
Strong deal below $174K · Fair $174K–$222K · careful above $228K

Flagged undervalued because asking -19% vs historic sold, sell-through 99%, -19% vs 3-yr trend, and -16% vs 2-yr avg.

What It's Actually Worth

Blended value of a standard 2 yr, 3k mi example, ~$198K now. The green line weighs confirmed auction sales most heavily (the amber dots — what cars actually hammered for), blends in fast-selling "just-missed" listings, and lightly smooths out month-to-month composition noise.

2022-04 2026-06 $433K $127K
━ blended true value ● confirmed auction sales (dot size = volume)
◫ 107 confirmed sales·51 months tracked·since 2022-04·15 active listings

Did our model work? 48% direction calls right

Each faint amber line is a forecast we would have made at that point in the past (12-mo horizon), drawn against what actually happened (blue). Over 23 scored forecasts: 48% got the direction right, median value error ±14%.

2021-11 2026-06 $624K $177K
━ actual ╱ past predictions (ghosts)

Walk-forward: each ghost uses only data available at that date — no hindsight. Data-backed market intelligence, not a guaranteed prediction. Figures are modeled estimates from asking prices, sold comps, and public economic indicators; they can be wrong. Not financial advice.

Auction Scorecard gavel in range 9 in 10

We replayed 54 past auctions in this market — predicting each hammer price from market data before the sale (no hindsight). Typical miss: ±11%; the gavel landed inside our predicted range 9 in 10 of the time.

SoldCarOur rangeHammer
2026-03-06 2021 · 2k mi $128K–$310K $274K
2025-11-03 2023 · 7k mi $122K–$295K $114K
2025-08-03 2021 · 0k mi $133K–$320K $230K
2025-07-15 2023 · 3k mi $115K–$369K $550K
2025-07-04 2022 · 3k mi $120K–$289K $174K
2025-03-17 2023 · 2k mi $118K–$284K $198K
2025-03-04 2021 · 1k mi $122K–$294K $211K
2025-02-19 2022 · 0k mi $128K–$308K $208K

Live now — calling it before the gavel

We're currently tracking 8 open auctions in this market. Here's our predicted hammer range for each — check back after they close.

ClosesCarSourceOur predicted range
open 2024 · 3k mi classic $114K–$367K ($205K)
open 2023 · 6k mi classic $113K–$364K ($203K)
open 2023 · 4k mi classic $113K–$364K ($203K)
open 2022 · 5k mi classic $113K–$362K ($202K)
open 2024 · 1k mi classic $125K–$400K ($223K)
open 2025 · 1k mi classic $124K–$397K ($222K)
open 2024 · 2k mi classic $116K–$373K ($208K)
open 2025 · 4k mi classic $114K–$365K ($204K)

No-lookahead: predictions are made before each auction closes; the scorecard grades confirmed sold auctions only (no-sales excluded). A modeled estimate, not a guarantee. Data-backed market intelligence, not a guaranteed prediction. Figures are modeled estimates from asking prices, sold comps, and public economic indicators; they can be wrong. Not financial advice.

Where We Think It's Headed

Probability and range, not a single number. Wider = less certain (not bigger gains).

2022-04 now +24mo $634K $85.2K
HorizonDirectionProbabilityConfidencePast accuracy
6 mo UP 47% Low 69%
12 mo UP 47% Low 48%
24 mo UP 47% Low 45%

Data-backed market intelligence, not a guaranteed prediction. Figures are modeled estimates from asking prices, sold comps, and public economic indicators; they can be wrong. Not financial advice.

Lead Indicator Forecast

Some indicators move before this market does. High-Yield Bond Spread has historically led it by about 18 months — so its recent move implies where prices head next (dashed). The solid green line is actual value through today; the shaded path is what the lead implies.

$201K now +18mo 2022-04 $204K $150K
BECAUSE credit spreads fell 6%. THEREFORE, given its usual 18-month head start, we lean UP — about +2% (≈ +$3,354) over the next 18 months. Confidence: Moderate (correlation -0.82, 18 months overlap).

Crystal Ball — What Leading Indicators Signal

Distinct from the trend forecast above: this blends all 8 leading indicators (each at its own lead time, de-duplicated so correlated ones don't double-count) into one signal. Leading indicators are collectively signaling lower over the next ~12 months (moderate conviction — 53% of weighted drivers agree), driven mainly by LVMH (luxury proxy ADR) and Ethereum (USD), though US Regular Gas Price points the other way.

⚠ The price trend and leading indicators disagree — momentum may be running ahead of the fundamentals.
now +12mo (indicators) $237K $130K

Are the indicators agreeing?

Each bar is one driver's current push; longer = more weight. All one side = high conviction; split = low.

LVMH (luxury proxy A-1.6Ethereum (USD)-1.1Unemployment Rate-0.5VIX Volatility Index-0.4US Metro Mean Temper-0.3US Regular Gas Price+0.1Consumer Discretiona-0.8Personal Savings Rat+0.1 ← bearish bullish →

If You’d Bought in 2022

$100K invested 2022-04 → today (4.2 yrs), this car vs where else you could've put the money. Rebased to 100 at the start; the dashed line is inflation (break-even).

$130K$198K$239K$98.2K$109K 2022 2026 274 100
━ This car $130K━ S&P 500 $198K━ Gold $239K━ Luxury $98.2K━ Housing $109K₿ Bitcoin $183K (off-scale)
Roughly tracked inflation — flat in real terms. The Porsche 911 (992) Targa roughly 1.3×'d your money (a real, inflation-adjusted 1.1× gain). It LAGGED the stock market by about 34% — the same money in the S&P 500 would be larger. It beat housing (+19%). (Price only — a real round-trip also loses ~10–20% to buy/sell fees and carrying costs.)
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What This Market Follows

Specialty-car prices don't move in a vacuum. These economic indicators have historically led this market — tap one to see it shifted forward by its lead time, overlaid on the value line.

High-Yield Bond Spread leads by about 18 months (moves against this market, correlation 0.82). Shown shifted forward 18 months so its turns line up with the market's.

━ Porsche 911 (992) Targa ┄ High-Yield Bond Spread, shifted +18mo
2024-09 2026-06

Why We Think This

Appreciation Momentum
44
Undervaluation
58
Liquidity
40
Speculation Opportunity
51
Depreciation Risk
57
Overvaluation
48
asking -19% vs historic sold asking vs historic spread
sell-through 99% sell through rate
-19% vs 3-yr trend pct vs trailing 36mo
sale prices -0.9%/mo median sale trend slope
-14% vs 12-mo avg pct vs trailing 12mo
77 days on market median days on market
new-listing velocity 1% of active new listing velocity
22% relisted listing reappearance rate

Current Inventory Snapshot

Active priced listings15
Median fair value$172,998
Avg deal score46/100

Comparable Markets

MarketUndervaluationAppreciationLiquidity
Porsche 911 (992) Carrera 585145
Porsche 911 (992) GTS 555141
Porsche 911 Dakar (992) 505352
Porsche 911 GT3 (992) 544845
Porsche 911 Turbo S (992) 495250

Recent Signals & Alerts

Data-backed market intelligence, not a guaranteed prediction. Figures are modeled estimates from asking prices, sold comps, and public economic indicators; they can be wrong. Not financial advice.