Porsche 996 Carrera 4

The 996 Carrera 4 introduced all-wheel drive to the first generation of water-cooled 911s, offering enhanced stability and all-weather capability. Sharing the M96 flat-six engine with its rear-wheel-drive sibling, the C4 added a viscous multi-plate clutch system that could send between 5% and 40% of the power to the front wheels. This added about 120 pounds but provided a significant traction advantage, making it a popular choice for drivers in varied climates.

For years, the 996 generation was an overlooked chapter in the 911 story, primarily due to its departure from air-cooled engines and its controversial 'fried egg' headlights. That perception has shifted, and collectors now see the 996 C4 as an accessible entry into modern 911 ownership. With an average sale price under $30,000, it represents a strong value proposition, combining classic Porsche driving dynamics with everyday usability.

The market for the 996 Carrera 4 is mature, with values that reflect condition and maintenance history above all else. Low-mileage, well-documented examples fetch premium prices, while driver-quality cars offer an affordable way to get behind the wheel. As later 911 generations become more complex and expensive, the 996's analog feel and straightforward performance continue to attract new enthusiasts.

Based on 60 recent sales, prices range from $7,500 for project cars to nearly $69,000 for exceptional, low-mileage examples.