A Sub-$100k GT4

Good Morning! While many Porsches have shot to the moon post-pandemic, there are still a few under-appreciated cars that I think are a buy, even at their current average prices. The 2006 911 Carrera S Club Coupe is one of them. Change my mind.

THE MARKET

Sell-Through Rate (STR): 65%
Market Volume ($): $1,210,550
Market Volume (Units): 26

TOP SALES

1997 Porsche 911 C4S 6sp $145,000 Bring a Trailer
2016 Porsche 911 Turbo S Coupe $132,000 Bring a Trailer
2007 Porsche 911 Turbo Coupe 6sp $106,000 Bring a Trailer
2006 Porsche 911 C2S Club Coupe $102,000 Bring a Trailer
2014 Porsche 911 Targa 4S $94,500 Bring a Trailer

SPOTLIGHT

Although officially launched at the Geneva Motor Show in March 2015, the lists started building early in anticipation of a “GT-esque” version of the 981 Cayman. Rumors abound about what engine the 981 Cayman GT car would have, it ended up with a slightly detuned version of the 3.8-liter found in the 911 Carrera S. Not the real GT engine some had hoped for, but a much more significant bump in performance than the Cayman R of the previous generation.

The new GT4 wasn’t just all engine either. The car was only available with a 6-speed manual transmission, GT3 brakes, dampers from the 991 GT3, Porsche Torque Vectoring, Porsche Active Suspension Management, and a limited-slip differential. Outside the GT4 featured a revised front end with large openings for cooling the additional radiator, a front lip spoiler, and a fixed rear wing for added downforce.

With rave reviews from the who’s who of auto journalists and publications, the GT4 was and still is the must-have mid-engine Porsche for those looking for ultimate driving pleasure. So you’d imagine my surprise when this 10,200-mile 2016 GT4 sold for $94,000 yesterday on PCARMARKET.

Finished in GT Silver Metallic over Black, this one-owner car features Racing Yellow stitching, a Yellow 12’oclock marking on the steering wheel, Porsche Carbon Ceramic Brakes (PCCB), heated Adaptive Sport Seats, and Porsche Communication Management (PCM). Not lightly optioned with a sticker of just over $105,000.

Surprisingly, when looking at average prices for 981 GT4s, they are just below $100k, and based on this sale, it seems that the point at which they drop below that $100k mark is 10,000 miles. Had the owner driven 400 fewer miles, they might have seen MSRP money for the car. But I bet those miles were worth it.

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