Porsche 911 (997) Carrera S

997 911 CARRERA S CARSTOCKSPECIALTY
$57.2K ▲ $1.8K (+3.2%)12 mo
BUYER ADVANTAGEAsks running above recent sales — but volatile.
Well supported · 466 sold + 388 active
Fair value$57.2K ($50.4K–$64.1K)
Typical ask$69.0K
Recent sold$54.0K
Current valueHigh
12-mo trendRoughly flat · 5-in-10 up · 59% calls right
Buyer: Negotiate from recent sold comps ($54k), not asking prices ($69k).
Seller: Asks are aggressive vs sold — strong/low-mile cars can ask high, average cars may sit.
Watcher: Volatile — wait for a clearer trend.
💰 Pricing your car to sell
Quick sale$50.2Ksells fast
Fair$54.0Krecent comps
List$57.8Kroom to negotiate
Stretch$72.9Kexceptional
🎯 Buying guide
Strong deal below $50.4K · Fair $50.4K–$64.1K · careful above $80.7K

For the Porsche 911 (997) Carrera S market, scores indicate mild depreciation risk at 54.94 and overvaluation at 54.81, with liquidity at 44.58, based on a confidence of 0.935. The market signal suggests a volatile upward trajectory with probabilities of 0.49 over 6 months and 0.56 over 24 months, with the High-Yield Bond Spread (correlation -0.83 at 11 months lead) identified as a key leading indicator.

What It's Actually Worth

Blended value of a standard 18 yr, 53k mi example, ~$57.2K 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.

2018-07 2026-09 $151K $19.7K
━ blended true value ● confirmed auction sales (dot size = volume)
◫ 1335 confirmed auction sales·99 months tracked·since 2018-07·170 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 49 scored forecasts: 59% got the direction right, median value error ±11%.

2010-08 2026-09 $114K $17.8K
━ 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 924 past auctions in this market — predicting each hammer price from market data before the sale (no hindsight). Typical miss: ±18%; the gavel landed inside our predicted range 9 in 10 of the time, and we lean slightly high on average.

SoldCarOur rangeHammer
2026-09-02 2011 · 31k mi $45.4K–$102K $125K
2026-09-01 2005 · 81k mi $30.2K–$67.5K $26.1K
2026-08-30 2007 · 53k mi $37.5K–$83.9K $56.6K
2026-08-28 2010 · 25k mi $48.3K–$108K $110K
2026-08-25 2006 · 45k mi $39.8K–$89.0K $61.8K
2026-08-24 2010 · 27k mi $47.1K–$105K $77.0K
2026-08-19 2006 · 13k mi $50.5K–$113K $73.5K
2026-08-19 2008 · 43k mi $40.4K–$90.2K $66.0K

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).

2018-07 now +24mo $106K $33.6K
HorizonDirectionProbabilityConfidencePast accuracy
6 mo UP 49% Moderate 58%
12 mo UP 52% Moderate 59%
24 mo UP 56% Moderate 59%

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 11 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.

$57.8K now +11mo 2018-07 $81.1K $49.1K
BECAUSE credit spreads fell 10%. THEREFORE, given its usual 11-month head start, we lean UP — about +1% (≈ +$582) over the next 11 months. Confidence: Moderate (correlation -0.83, 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 (high conviction — 79% of weighted drivers agree), driven mainly by U. Michigan Consumer Sentiment and M2 Money Supply, though US Metro Mean Temperature points the other way.

⚠ The price trend and leading indicators disagree — momentum may be running ahead of the fundamentals.
now +12mo (indicators) $81.1K $43.2K

Are the indicators agreeing?

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

U. Michigan Consumer-0.9M2 Money Supply-1.8Gold (futures)-0.2VIX Volatility Index-1.2Trade-Weighted Dolla-1.2US Metro Mean Temper+0.3Consumer Discretiona-0.8CPI (All Urban Consu-1.5 ← bearish bullish →

If You’d Bought in 2018

$100K invested 2018-07 → today (8.2 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).

$70.9K$316K$361K$204K$164K 2018 2026 427 100
━ This car $70.9K━ S&P 500 $316K━ Gold $361K━ Luxury $204K━ Housing $164K₿ Bitcoin ×10 (off-scale)
Lost ground to inflation. The Porsche 911 (997) Carrera S roughly 0.7×'d your money (a real 47% LOSS to inflation). It LAGGED the stock market by about 78% — the same money in the S&P 500 would be larger. It trailed housing (-57%). (Price only — a real round-trip also loses ~10–20% to buy/sell fees and carrying costs.)
📷 Share this comparison →

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 11 months (moves against this market, correlation 0.83). Shown shifted forward 11 months so its turns line up with the market's.

━ Porsche 911 (997) Carrera S ┄ High-Yield Bond Spread, shifted +11mo
2024-02 2026-09

Why We Think This

Appreciation Momentum
51
Undervaluation
44
Liquidity
43
Speculation Opportunity
44
Depreciation Risk
54
Overvaluation
56
asking +20% vs historic sold asking vs historic spread
inventory +0% inventory trend slope
sell-through 76% sell through rate
asking trend +0.1%/mo median asking trend slope
-2% vs 12-mo avg pct vs trailing 12mo
new-listing velocity 2% of active new listing velocity
62 days on market median days on market

Current Inventory Snapshot

Active priced listings170
Median fair value$54,745
Avg deal score54/100

Comparable Markets

MarketUndervaluationAppreciationLiquidity
Porsche 911 (997) Targa 415045
Porsche 911 GT3 (997) 375556
Porsche 911 Turbo (997) 465851

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.