Porsche 911 (997) Carrera S

997 911 CARRERA S CARSTOCKSPECIALTY
$58.3K ▲ $2.5K (+4.5%)12 mo
BUYER ADVANTAGEAsks running above recent sales — but volatile.
Well supported · 463 sold + 483 active
Fair value$58.3K ($51.3K–$65.3K)
Typical ask$63.8K
Recent sold$53.5K
Current valueHigh
12-mo trendRoughly flat · 6-in-10 up · 52% calls right
Buyer: Negotiate from recent sold comps ($54k), not asking prices ($64k).
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$49.8Ksells fast
Fair$53.5Krecent comps
List$57.2Kroom to negotiate
Stretch$72.2Kexceptional
🎯 Buying guide
Strong deal below $51.3K · Fair $51.3K–$65.3K · careful above $79.9K

The Porsche 911 (997) Carrera S market shows signals of overvaluation at 56.45 and lower liquidity at 41.02. A downward trend has a probability of 0.47 and 0.44 for the 6 and 12-month horizons respectively, within a volatile regime. The 24-month outlook suggests a flat trend with a probability of 0.5 in a volatile regime, with the High-Yield Bond Spread acting as a strong leading indicator correlating at -0.83 with an 11-month lead.

What It's Actually Worth

Blended value of a standard 18 yr, 54k mi example, ~$58.3K 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 2026-10 $151K $19.7K
━ blended true value ● confirmed auction sales (dot size = volume)
◫ 1367 confirmed auction sales·100 months tracked·since 2018-07·289 active listings

Did our model work? 52% 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 50 scored forecasts: 52% got the direction right, median value error ±10%.

2010-08 2026-10 $81.8K $12.8K
━ 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 942 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
2026-09-30 2005 · 48k mi $39.6K–$88.5K $49.0K ✓
2026-09-28 2007 · 43k mi $41.2K–$91.9K $54.0K ✓
2026-09-28 2005 · 107k mi $27.6K–$61.6K $45.0K ✓
2026-09-26 2010 · 84k mi $30.4K–$67.9K $83.0K ✗
2026-09-26 2006 · 75k mi $32.5K–$72.6K $33.3K ✓
2026-09-24 2007 · 95k mi $28.5K–$63.5K $43.0K ✓
2026-09-22 2011 · 76k mi $32.3K–$72.0K $56.0K ✓
2026-09-21 2008 · 80k mi $31.3K–$69.8K $44.0K ✓

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 $114K $27.8K
HorizonDirectionProbabilityConfidencePast accuracy
6 mo DOWN 47% Low 54%
12 mo DOWN 44% Low 52%
24 mo FLAT 50% Low 82%

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.

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 (low conviction — 27% of weighted drivers agree), driven mainly by Gold (futures) and Effective Fed Funds Rate, though Gold (futures) points the other way.

Trend and leading indicators agree — both point down. Higher-conviction read.
now +12mo (indicators) $81.1K $42.8K

Are the indicators agreeing?

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

Gold (futures)+0.1Effective Fed Funds +0.3WTI Crude Oil-3.0CPI (All Urban Consu+0.7Nonfarm Payrolls (jo+1.5M2 Money Supply-1.7VIX Volatility Index-2.0U. Michigan Consumer+1.0 ← 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).

$72.4K$318K$335K$169K$165K 2018 2026 427 100
━ This car $72.4K━ S&P 500 $318K━ Gold $335K━ Luxury $169K━ Housing $165K₿ Bitcoin ×10 (off-scale)
Lost ground to inflation. The Porsche 911 (997) Carrera S roughly 0.7×'d your money (a real 46% LOSS to inflation). It LAGGED the stock market by about 77% — the same money in the S&P 500 would be larger. It trailed housing (-56%). (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 20 months (moves against this market, correlation 0.77). Shown shifted forward 20 months so its turns line up with the market's.

━ Porsche 911 (997) Carrera S ┄ High-Yield Bond Spread, shifted +20mo
2024-11 2026-10

Why We Think This

Appreciation Momentum
55
Undervaluation
45
Liquidity
41
Speculation Opportunity
50
Depreciation Risk
50
Overvaluation
57
+21% vs 3-yr trend pct vs trailing 36mo
+14% vs 2-yr avg pct vs trailing 24mo
asking +14% vs historic sold asking vs historic spread
sale prices +1.4%/mo median sale trend slope
+5% vs 12-mo avg pct vs trailing 12mo
sell-through 72% sell through rate
23% relisted listing reappearance rate
new-listing velocity 2% of active new listing velocity

Current Inventory Snapshot

Active priced listings289
Median fair value$54,298
Avg deal score54/100

Comparable Markets

MarketUndervaluationAppreciationLiquidity
Porsche 911 (997) Targa 287538
Porsche 911 GT3 (997) 227859
Porsche 911 Turbo (997) 446648

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.