Porsche 997 Turbo Coupe Price Update

March 17, 2023

Good Morning! And happy St. Patrick’s Day, especially for those of you sporting a green Porsche today. Enjoy a drive, a green beer, and some soda bread, and have a great weekend!

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THE MARKET

Sell-Through Rate: 59%
Market Volume ($): $931,061
Market Volume (Units): 17

  • It wasn’t just one auction house contributing to our low sell-through rate yesterday as both Bring a Trailer and PCARMARKET sold about half their cars on offer.

TOP SALES

1965 Porsche 356C Cab. $235,000 Bring a Trailer
1973 Porsche 911T Coupe RS-Style $165,911 Bring a Trailer
1991 Porsche 911 Turbo $136,000 Bring a Trailer
1966 Porsche 911 Coupe $95,000 Bring a Trailer
2004 Porsche 911 Turbo Coupe X50 6sp $88,000 Bring a Trailer

SPOTLIGHT

PHOTO CREDIT PCARMARKET

In February of 2006, Porsche debuted the 997 Turbo with its widebody taken from the AWD models and a much more aggressive stance than the standard 911 models along with air vents on the rear quarter panels to enhance engine cooling. The engine, derived from the 911 GT1, utilized Variable Turbine Geometry (VTG) turbos to change their angle with exhaust speed in order to reduce turbo lag at low speeds and ease excessive back pressure at high RPM.

997.1 Turbo Coupes with 6-speed manual transmissions have held steady at around $100,000 for your average car with cars with over 30,000 miles starting to break that floor consistently. The top sale over the last year belongs to a 2009 example with only 78 miles which sold for $285,991 in July of 2022.

Our Spotlight, the 2007 911 Turbo Coupe 6-Speed pictured above, is finished in Arctic Silver Metallic over Black full leather and comes lightly optioned with the Sport Chrono Package and Sport Shifter. At 14,500 miles, it is on the lower end of mileage we’ve seen this year with comparables selling for between $106,000 and $131,000.

With a final bid of $105,000, this Turbo could not find a home. Although light on the options and a standard color, I do think the seller was right to hold out for more as the car is in much better condition than our low sale for similar mileage earlier this year. The Buy Now price in PCARMARKET’s Deal Tank of $118,000 is very reasonable and a price I’d consider well-bought.

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