The 992 Targa 4 GTS continues a long lineage of open-top 911s, but it's one of the most complex and capable. It pairs the intricate, automated Targa roof mechanism with the performance-focused GTS treatment. This means it gets the 473 hp version of the 3.0L twin-turbo flat-six, standard Sport Exhaust, and distinctive blacked-out trim and badging.
Collectors and enthusiasts value the Targa 4 GTS for its unique position in the 911 lineup. It offers a more engaging open-air experience than a coupe without the full convertible feel, all while packing nearly the same performance as a Carrera 4 GTS. It's the stylish, all-weather, high-performance 911 that does everything well.
As a recent model, the market for the 992 Targa 4 GTS is defined by high demand and limited supply. Many cars trade near or above their original sticker price, especially well-optioned examples. With an average sale price over $226,000, these cars have shown strong value retention from new.
Buying Tips
- Options significantly impact value. Look for desirable features like the front axle lift system, Porsche Dynamic Chassis Control (PDCC), and carbon ceramic brakes (PCCB).
- The automated Targa top is complex. Operate it multiple times to ensure it functions smoothly, quietly, and without hesitation.
- Inspect the satin black center-lock wheels. They are a signature GTS feature but can be easily damaged if an owner or shop doesn't use the correct tools and torque specs.
- Because these cars are so new, a clean vehicle history report is expected. Verify the balance of the factory warranty and check if the car is Porsche Certified Pre-Owned (CPO).
Based on 69 recent sales, prices range from $176,000 to nearly $290,000 depending on mileage and options.
1,333 Porsche 992 Targa 4 GTS vehicles have been tracked across auctions and listings on Hypercars, with 537 currently live. Sold prices range from $500 to $663,158.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
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