How Much Does a Porsche 911 Cost? Price Guide by Generation (2026)

The Porsche 911 is the most actively traded enthusiast car in the world. Across Bring a Trailer, Cars & Bids, PCarMarket, and other platforms, more 911s change hands at auction than any other model. That volume means rich pricing data — and it means that whatever your budget, there's likely a 911 for you.

This guide covers what each 911 generation actually costs in 2026, what drives prices up or down within each generation, and how to use market data to find the right car at the right price. All pricing is based on real auction results tracked across multiple platforms.

For live, up-to-date pricing on any specific 911 variant, use our car valuation tool or browse Porsche 911 market data.

964 (1989–1994): $55,000–$200,000+

The 964 was the first 911 with modern amenities — ABS, power steering, coil springs at the rear — while retaining an air-cooled flat-six. It's the entry point to air-cooled 911 ownership for many buyers.

What drives pricing:

Carrera 2 vs Carrera 4: The rear-drive C2 commands a premium over the all-wheel-drive C4, particularly in coupe form
Transmission: Manual cars sell for 20–40% more than Tiptronic equivalents
Body style: Coupes are the most desirable. Targas and cabriolets trade at a discount
Turbo (965): The 964 Turbo 3.6 is the blue-chip variant, with clean examples reaching $200,000+
RS America: The lightweight, stripped-down RS America has appreciated significantly and sits in the $150,000–$250,000 range

Market trend: Air-cooled 911 prices peaked in 2023–2024 and have settled to more sustainable levels. The 964 remains the most affordable air-cooled generation, making it a common entry point.

993 (1995–1998): $65,000–$300,000+

The last air-cooled 911. This distinction alone has made the 993 the most collectible modern 911 generation. Production was limited compared to later water-cooled models, and attrition continues to shrink the supply.

What drives pricing:

Carrera vs Carrera S: The wider-body Carrera S (which used Turbo body panels) commands a significant premium
Turbo: The 993 Turbo is one of the defining cars of the 1990s. Clean examples regularly sell above $200,000, with low-mileage cars approaching $300,000+
Manual-only advantage: Every 993 has a manual transmission (Tiptronic was available but rare and carries a heavy discount), so the manual premium is less of a factor here than in later generations
Color and spec: Classic colors (Guards Red, Speed Yellow, Arena Red Metallic) trade above average. Special-order Paint to Sample cars carry additional premium

Market trend: The 993 has been remarkably price-stable. As the last air-cooled 911, it has a built-in floor of collector demand that insulates it from broader market swings.

996 (1999–2004): $25,000–$90,000

The 996 is the bargain 911. As the first water-cooled generation, it doesn't carry the "air-cooled premium" and suffered early reputation damage from the IMS bearing issue (which affects a subset of cars, not all). For driving quality per dollar, the 996 is hard to beat.

What drives pricing:

IMS bearing status: Cars with a documented IMS bearing replacement or upgrade trade at a premium. The LN Engineering IMS Solution or similar retrofit removes the risk entirely
Carrera vs Turbo: The 996 Turbo uses a different engine (Mezger) that doesn't have the IMS issue. Turbos start around $60,000 and clean examples reach $90,000+
GT3: The 996 GT3 is the hidden gem of this generation. Track-focused, Mezger-powered, and increasingly appreciated. Prices have climbed from $60,000 to $80,000–$120,000 over the past few years
Mileage: High-mileage 996 Carreras (100K+) can be found under $25,000, making them the cheapest way into a 911

Market trend: The 996 has been slowly appreciating as buyers recognize its value relative to later generations. The price gap between the 996 and 997 has been narrowing. Read our 996 vs 997 buying guide for a detailed comparison.

997 (2005–2012): $40,000–$200,000+

The 997 is the sweet spot for many 911 buyers: the last of the hydraulic steering, available with a flat-six or turbo flat-six, and old enough to be approachable but new enough to be a reliable daily driver.

What drives pricing:

997.1 vs 997.2: The 997.2 (2009–2012) switched to direct injection and eliminated the IMS bearing concern. It commands a $10,000–$20,000 premium over equivalent 997.1 models
Manual vs PDK: The 997.2 introduced PDK, which is superb — but manual cars still carry a 10–20% premium in the resale market
GT3 and GT3 RS: The 997 GT3 and GT3 RS are among the most sought-after modern Porsches. GT3 RS models start around $150,000 and top examples exceed $250,000
Turbo: The 997 Turbo is one of the best performance-per-dollar cars on the market, with strong examples available from $70,000

Market trend: The 997 has been one of the most stable 911 generations in terms of pricing. Strong demand from both enthusiasts and collectors keeps the floor firm. See our 997 buying guide for generation-specific advice.

991 (2012–2019): $55,000–$250,000+

The 991 brought a significant size increase and the transition from naturally aspirated to turbocharged engines (991.2, from 2017). It's the most modern "old-school" 911 — electric steering replaced hydraulic, but otherwise it's still a front-trunk, rear-engine sports car.

What drives pricing:

991.1 vs 991.2: The 991.1 has the last naturally aspirated Carrera engine (3.4L/3.8L). The 991.2 went turbocharged (3.0L twin-turbo), which is faster but less characterful according to purists. Pricing is similar; the choice is personal
GT3 and GT3 RS: The 991 GT3 (especially the 991.2 GT3 with the 4.0L NA engine) is a modern icon. Prices range from $150,000 to $250,000+. The GT3 RS commands an additional premium
Manual availability: Porsche brought back the manual for the 991.2 GT3 after skipping it on the 991.1 GT3 (PDK only). Manual 991.2 GT3s are highly sought after
GTS: The 991 GTS sits between the Carrera S and GT3. It's a compelling choice for buyers who want more than a Carrera but don't need a track weapon

Market trend: The 991 is in the depreciation-to-stabilization transition. Carrera models have come down from their 2022 highs but are finding floors, especially manual cars and GTS variants.

992 (2020–present): $85,000–$350,000+

The current generation 911. All 992 Carreras use a 3.0L twin-turbo flat-six. The 992 GT3 uses a naturally aspirated 4.0L, making it the last NA 911 you can buy new.

What drives pricing:

New vs used: Used 992 Carreras now trade below original MSRP as supply has normalized. The days of dealer markups on base 992s are over
GT3 and GT3 RS: Still trading above MSRP due to allocation scarcity. The 992 GT3 RS is the most expensive production 911 on the secondary market
Turbo S: The 992 Turbo S is one of the fastest production cars ever made. Clean examples trade in the $180,000–$220,000 range
Manual vs PDK: The 992 Carrera and Carrera S are available with a 7-speed manual. Manual take rates are low, which may create a scarcity premium long-term

Market trend: Carrera models are depreciating along the normal new-car curve. GT3 and GT3 RS models are holding their premium. Track our 992 GT3 market data for current pricing.

What Drives 911 Prices Across All Generations

A few factors affect pricing regardless of generation:

Transmission: Manual 911s consistently sell for more than their automatic/PDK equivalents. The premium ranges from 10% on newer cars to 30%+ on older ones. This is the single biggest spec factor in 911 pricing.

Color: Non-metallic solid colors (Guards Red, Speed Yellow, Signal Green) and Paint to Sample options carry premiums. Silver, black, and dark gray are the most common and trade at average prices.

Service history: A complete service history from Porsche dealers or reputable independent shops adds measurable value. Gaps in service history raise questions and suppress bidding.

Modifications: Unlike some enthusiast cars, the 911 market penalizes modifications. Bone-stock cars with original parts sell for more than modified equivalents. Reversible upgrades (exhaust, suspension) are tolerated; irreversible changes (widebody, engine swaps) reduce value.

Mileage: Matters less than you'd think on driver-quality cars. A well-maintained 80,000-mile 997 often outsells a neglected 30,000-mile example. But for collector-grade cars (air-cooled, GT cars), low mileage is a significant value driver.

Which 911 Should You Buy?

It depends on your budget and what you want:

Budget	Best Options
Under $30,000	996 Carrera (high mileage, IMS addressed)
$30,000–$50,000	996 Carrera (low mileage), 997.1 Carrera
$50,000–$80,000	997.2 Carrera/Carrera S, 996 Turbo
$80,000–$120,000	991.1 Carrera S, 997 Turbo, 996 GT3, early 992 Carrera
$120,000–$200,000	991 GTS, 997 GT3, 993 Carrera, 992 Carrera S
$200,000+	993 Turbo, 991/992 GT3, 992 Turbo S, 964 Turbo

For a generation-by-generation comparison, see our Best Porsche 911 to Buy guide. For head-to-head generation matchups, see 996 vs 997 and Cayman vs 911.

How to Track 911 Prices

The 911 market moves constantly. Use these tools to stay current:

Porsche 911 market page — Live pricing, volume, and trend data for every 911 submodel
Car valuation tool — Get a data-backed price estimate for any specific 911 by year, spec, and condition
Market trends — See whether 911 prices are trending up or down across the broader market
Search — Browse current and completed 911 auctions across all platforms