Porsche 911 (997) Targa

997 911 TARGA CARSTOCKSPECIALTY
$74.3K ▲ $9.2K (+14.2%)12 mo
BUYER ADVANTAGEAsks running above recent sales · momentum improving — but volatile.
Well supported · 42 sold + 74 active
Fair value$74.3K ($65.4K–$83.2K)
Typical ask$85.4K
Recent sold$65.0K
Current valueHigh
12-mo trendSlightly up · 6-in-10 up · 57% calls right
Buyer: Negotiate from recent sold comps ($65k), not asking prices ($85k).
Seller: Asks are aggressive vs sold — strong/low-mile cars can ask high, average cars may sit.
Watcher: Improving but choppy — not a clean breakout yet.
💰 Pricing your car to sell
Quick sale$60.4Ksells fast
Fair$65.0Krecent comps
List$69.5Kroom to negotiate
Stretch$87.7Kexceptional
🎯 Buying guide
Strong deal below $65.4K · Fair $65.4K–$83.2K · careful above $110K

The market for the Porsche 911 (997) Targa shows an overvaluation score of 60.29, with appreciation momentum at 53.88 and depreciation risk at 47.8. Forecasts indicate an upward direction over 6, 12, and 24 months, with probabilities ranging from 0.54 to 0.61, within a volatile regime. The strongest leading indicator is the High-Yield Bond Spread, which correlates at -0.79 with a 12-month lead.

What It's Actually Worth

Blended value of a standard 17 yr, 49k mi example, ~$74.3K 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.

2021-06 2026-09 $140K $38.3K
━ blended true value ● confirmed auction sales (dot size = volume)
◫ 103 confirmed auction sales·64 months tracked·since 2021-06·33 active listings

Did our model work? 57% 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: 57% got the direction right, median value error ±17%.

2018-06 2026-09 $149K $34.1K
━ 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.

Where We Think It's Headed

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

2021-06 now +24mo $220K $38.2K
HorizonDirectionProbabilityConfidencePast accuracy
6 mo UP 54% Low 56%
12 mo UP 57% Low 57%
24 mo UP 61% Low 50%

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. WTI Crude Oil has historically led it by about 19 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.

$76.5K now +19mo 2021-06 $77.7K $54.2K
BECAUSE oil prices rose 31%. THEREFORE, given its usual 19-month head start, we lean UP — about +3% (≈ +$2,203) over the next 19 months. Confidence: High (correlation +0.64, 30 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 — 48% of weighted drivers agree), driven mainly by Dow Jones Industrial and WTI Crude Oil, though Dow Jones Industrial points the other way.

⚠ The price trend and leading indicators disagree — momentum may be running ahead of the fundamentals.
now +12mo (indicators) $87.8K $44.8K

Are the indicators agreeing?

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

Dow Jones Industrial+1.8WTI Crude Oil-1.0Silver-1.1Trade-Weighted Dolla-1.330-Year Mortgage Rat-2.6Consumer Discretiona-1.5Bitcoin (USD)+0.1Nonfarm Payrolls (jo-2.1 ← bearish bullish →

If You’d Bought in 2021

$100K invested 2021-06 → today (5.2 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).

$112K$196K$250K$80.5K$129K 2021 2026 295 100
━ This car $112K━ S&P 500 $196K━ Gold $250K━ Luxury $80.5K━ Housing $129K₿ Bitcoin $222K (off-scale)
Lost ground to inflation. The Porsche 911 (997) Targa roughly 1.1×'d your money (a real 9% LOSS to inflation). It LAGGED the stock market by about 43% — the same money in the S&P 500 would be larger. It trailed housing (-13%). (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.

WTI Crude Oil leads by about 19 months (moves with this market, correlation 0.64). Shown shifted forward 19 months so its turns line up with the market's.

━ Porsche 911 (997) Targa ┄ WTI Crude Oil, shifted +19mo
2021-06 2026-09

Why We Think This

Appreciation Momentum
50
Undervaluation
41
Liquidity
45
Speculation Opportunity
45
Depreciation Risk
51
Overvaluation
58
asking +49% vs historic sold asking vs historic spread
sell-through 76% sell through rate
-5% vs 3-yr trend pct vs trailing 36mo
-5% vs 12-mo avg pct vs trailing 12mo
sale prices -0.1%/mo median sale trend slope
new-listing velocity 3% of active new listing velocity
20% of listings cutting price price drop frequency

Current Inventory Snapshot

Active priced listings33
Median fair value$58,008
Avg deal score51/100

Comparable Markets

MarketUndervaluationAppreciationLiquidity
Porsche 911 (997) Carrera S 445143
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.