Porsche 911 (992) Targa

992 911 TARGA CARSTOCKSPECIALTY
$201K ▲ $18.2K (+10.0%)12 mo
WATCHWell-supported value — but volatile.
Well supported · 29 sold + 124 active
Fair value$201K ($177K–$225K)
Typical ask$200K
Recent sold$198K
Current valueHigh
12-mo trendRoughly flat · 4-in-10 up · 59% calls right
Buyer: Anchor offers to recent sold comps ($198k).
Seller: Price near recent sold comps ($198k); expect negotiation.
Watcher: Volatile — wait for a clearer trend.
💰 Pricing your car to sell
Quick sale$177Ksells fast
Fair$198Krecent comps
List$212Kroom to negotiate
Stretch$230Kexceptional
🎯 Buying guide
Strong deal below $177K · Fair $177K–$225K · careful above $231K

The Porsche 911 (992) Targa market currently shows an overvaluation score of 58.99 and a depreciation risk of 57.67, with liquidity rated at 30.3. While the 6, 12, and 24-month outlooks indicate an "up" direction with probabilities of 0.45, 0.45, and 0.44 respectively, the regime for all horizons is forecasted as "volatile." A strong leading indicator for this market is the High-Yield Bond Spread, which has an 18-month lead and a correlation of -0.82.

What It's Actually Worth

Blended value of a standard 2 yr, 3k mi example, ~$201K 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 2026-09 $439K $131K
━ blended true value ● confirmed auction sales (dot size = volume)
◫ 109 confirmed auction sales·54 months tracked·since 2022-04·105 active listings

Did our model work? 59% 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 27 scored forecasts: 59% got the direction right, median value error ±15%.

2021-11 2026-09 $618K $175K
━ 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 60 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, and we lean slightly high on average.

SoldCarOur rangeHammer
2026-03-06 2021 · 2k mi $138K–$309K $274K
2026-01-26 2025 · 1k mi $125K–$401K $237K
2026-01-18 2021 · 10k mi $129K–$288K $143K
2025-11-03 2023 · 7k mi $129K–$288K $114K
2025-10-21 2022 · 10k mi $126K–$282K $173K
2025-08-03 2021 · 0k mi $142K–$317K $230K
2025-07-18 2022 · 14k mi $124K–$277K $179K
2025-07-15 2023 · 3k mi $115K–$369K $550K

Live now — calling it before the gavel

We're currently tracking 3 open auctions in this market. Here's our predicted hammer range for each — check back after they close.

ClosesCarSourceOur predicted range
open 2024 · 2k mi classic $116K–$373K ($208K)
open 2024 · 5k mi classic $113K–$361K ($202K)
open 2024 · 4k mi classic $112K–$361K ($202K)

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 $567K $83.1K
HorizonDirectionProbabilityConfidencePast accuracy
6 mo UP 45% Low 58%
12 mo UP 45% Low 59%
24 mo UP 44% Low 87%

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. LVMH (luxury proxy ADR) 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.

$203K now +18mo 2022-04 $206K $155K
BECAUSE luxury-goods demand fell 17%. THEREFORE, given its usual 18-month head start, we lean UP — about +1% (≈ +$1,969) over the next 18 months. Confidence: Moderate (correlation +0.68, 29 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 (high conviction — 76% of weighted drivers agree), driven mainly by LVMH (luxury proxy ADR) and Ethereum (USD), though 10Y-2Y Yield Spread points the other way.

⚠ The price trend and leading indicators disagree — momentum may be running ahead of the fundamentals.
now +12mo (indicators) $219K $127K

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-1.7Ethereum (USD)-0.5Personal Savings Rat-1.7Consumer Discretiona-1.5VIX Volatility Index-1.510Y-2Y Yield Spread+0.0Trade-Weighted Dolla-1.2M2 Money Supply-1.8 ← bearish bullish →

If You’d Bought in 2022

$100K invested 2022-04 → today (4.4 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$201K$231K$94.8K$112K 2022 2026 274 100
━ This car $130K━ S&P 500 $201K━ Gold $231K━ Luxury $94.8K━ Housing $112K₿ Bitcoin $206K (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 35% — the same money in the S&P 500 would be larger. It beat housing (+16%). (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.

LVMH (luxury proxy ADR) leads by about 18 months (moves with this market, correlation 0.68). Shown shifted forward 18 months so its turns line up with the market's.

━ Porsche 911 (992) Targa ┄ LVMH (luxury proxy ADR), shifted +18mo
2022-04 2026-09

Why We Think This

Appreciation Momentum
42
Undervaluation
39
Liquidity
31
Speculation Opportunity
39
Depreciation Risk
58
Overvaluation
58
sell-through 27% sell through rate
asking +35% vs historic sold asking vs historic spread
inventory -0% inventory trend slope
sale prices -1.2%/mo median sale trend slope
74 days on market median days on market
27% relisted listing reappearance rate

Current Inventory Snapshot

Active priced listings105
Median fair value$160,213
Avg deal score48/100

Comparable Markets

MarketUndervaluationAppreciationLiquidity
Porsche 911 (992) Carrera 434433
Porsche 911 (992) GTS 384425
Porsche 911 Dakar (992) 125740
Porsche 911 GT3 (992) 474538
Porsche 911 Turbo S (992) 384736

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.