Porsche 911 (992) Targa

992 911 TARGA CARSTOCKSPECIALTY
$199K ▲ $13.3K (+7.2%)12 mo
WATCHWell-supported value — but volatile.
Well supported · 26 sold + 258 active
Fair value$199K ($175K–$223K)
Typical ask$215K
Recent sold$202K
Current valueHigh
12-mo trendRoughly flat · 5-in-10 up · 43% calls right
Buyer: Anchor offers to recent sold comps ($202k).
Seller: Price near recent sold comps ($202k); expect negotiation.
Watcher: Volatile — wait for a clearer trend.
💰 Pricing your car to sell
Quick sale$175Ksells fast
Fair$202Krecent comps
List$216Kroom to negotiate
Stretch$234Kexceptional
🎯 Buying guide
Strong deal below $175K · Fair $175K–$223K · careful above $230K

The Porsche 911 (992) Targa market shows indicators of potential overvaluation at 58.85 and higher depreciation risk at 58.12, with appreciation momentum at 44.14 and liquidity at 29.94. Forecasts suggest a volatile downward direction over the next 6 to 24 months, with probabilities ranging from 0.51 to 0.48, respectively. The High-Yield Bond Spread serves as a strong leading indicator with a correlation of -0.82 at an 18-month lead.

What It's Actually Worth

Blended value of a standard 2 yr, 3k mi example, ~$199K 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 2026-10 $439K $131K
━ blended true value ● confirmed auction sales (dot size = volume)
◫ 109 confirmed auction sales·55 months tracked·since 2022-04·131 active listings

Did our model work? 43% 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 28 scored forecasts: 43% got the direction right, median value error ±15%.

2021-11 2026-10 $457K $130K
━ 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–$308K $274K ✓
2026-01-26 2025 · 1k mi $125K–$401K $237K ✓
2026-01-18 2021 · 10k mi $128K–$286K $143K ✓
2025-11-03 2023 · 7k mi $128K–$285K $114K ✗
2025-10-21 2022 · 10k mi $126K–$281K $173K ✓
2025-08-03 2021 · 0k mi $143K–$319K $230K ✓
2025-07-18 2022 · 14k mi $124K–$276K $179K ✓
2025-07-15 2023 · 3k mi $115K–$369K $550K ✗

Live now — calling it before the gavel

We're currently tracking 2 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 · 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 $511K $74.0K
HorizonDirectionProbabilityConfidencePast accuracy
6 mo DOWN 51% Low 59%
12 mo DOWN 49% Low 43%
24 mo DOWN 48% Low 44%

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 $205K $155K
BECAUSE credit spreads fell 16%. THEREFORE, given its usual 18-month head start, we lean UP — about +1% (≈ +$2,287) over the next 18 months. Confidence: Moderate (correlation -0.69, 22 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 higher over the next ~12 months (low conviction — 27% of weighted drivers agree), driven mainly by US Regular Gas Price and Consumer Discretionary ETF (XLY), though Russell 2000 (small cap) points the other way.

⚠ The price trend and leading indicators disagree — momentum may be running ahead of the fundamentals.
now +12mo (indicators) $277K $144K

Are the indicators agreeing?

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

US Regular Gas Price+0.6Consumer Discretiona+0.1Russell 2000 (small -0.7Personal Savings Rat+1.7CPI (All Urban Consu+1.1Initial Jobless Clai-0.7LVMH (luxury proxy A-0.5Housing Starts+2.3 ← bearish bullish →

If You’d Bought in 2022

$100K invested 2022-04 → today (4.5 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).

$129K$202K$215K$78.3K$112K 2022 2026 274 100
━ This car $129K━ S&P 500 $202K━ Gold $215K━ Luxury $78.3K━ Housing $112K₿ Bitcoin $217K (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 36% — 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.

High-Yield Bond Spread leads by about 18 months (moves against this market, correlation 0.69). 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 2026-10

Why We Think This

Appreciation Momentum
46
Undervaluation
37
Liquidity
43
Speculation Opportunity
41
Depreciation Risk
51
Overvaluation
57
sell-through 21% sell through rate
asking +46% vs historic sold asking vs historic spread
inventory -0% inventory trend slope
sale prices +1.0%/mo median sale trend slope
asking trend +0.0%/mo median asking trend slope
new-listing velocity 9% of active new listing velocity
8% of listings cutting price price drop frequency

Current Inventory Snapshot

Active priced listings131
Median fair value$158,758
Avg deal score48/100

Comparable Markets

MarketUndervaluationAppreciationLiquidity
Porsche 911 (992) Carrera 414240
Porsche 911 (992) GTS 394040
Porsche 911 Dakar (992) 126936
Porsche 911 GT3 (992) 455343
Porsche 911 Turbo S (992) 395240

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.