Porsche 996 Turbo Price Update

Good Morning! Of all the cars that sold yesterday, the one we’d want to drive is the fully electric Boxster as it would give us a look into the the future as Porsche prepares to take the next 718 electric.

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THE MARKET

Sell-Through Rate: 85%
Market Volume ($): $982,276
Market Volume (Units): 20

• With quite the rebound from yesterday’s down market, we were one sale away from crossing back into the million-dollar territory. But I guess we can’t really complain with an 85% sell-through rate.

TOP SALES

2021 Porsche 911 Turbo S Coupe $235,000 Bring a Trailer
2018 Porche 911 Targa 4S $143,000 Bring a Trailer
2003 Porsche 911 Turbo Coupe X50 6sp $131,000 Bring a Trailer
1986 Porsche 944 Turbo $66,000 Bring a Trailer
1989 Porsche 911 Cab. G50 $62,000 Bring a Trailer

SPOTLIGHT

Porsche’s first water-cooled Turbos have risen steadily over the past five years and show no signs of stopping as recent sales have shown. And when a low mileage example comes out of the woodwork, expect big money for a 996.

The 996 Turbo pictured above is a 2003 6-speed example finished in Slate Grey Metallic over Graphite Grey leather. Compared to Turbo’s of today, it is lightly optioned, but the right boxes were ticked. Our Spotlight car has the X50 Turbo Power Kit with larger turbos and intercoolers and a tune for 444hp and 547 lb-ft of torque along with some aluminum trim and supple leather.

But what really sets this 996 Turbo X50 apart is the mileage. At 4,900 miles, this is the lowest mileage car to sell this year and the third lowest mileage car to sell in the last five years and as you would expect, the car is spotless. “You could eat off the undercarriage” is an understatement.

Six days ago if you had asked me what this example would fetch I would’ve pegged it north of $140k, maybe even $150k, as cars with 13-20,000 miles have peaked at $125-130,000 recently. So for this 4,900-mile example to sell at $131,000, even though it’s the highest price paid for a 996 Turbo this in the US in the past five years, I’d say it was well bought.

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