Porsche 911 (993) Targa
1995–1998

Based on 9 verified auction results
£40,921
Market value · recent verified sales
+9.1%
12-month change
Hold or Wait
Appreciating but pace slowing. Patient buyers may find better entry.
Median sold price up 9.1% over the last 12 months. Hold if owned; chasing the trend at peak carries risk.
Price History
MSRP
—
Collectibility
7/10
Highly Collectible
3-Year Forecast
£50,950
+25%
5-Year Forecast
£54,722
+34%
Market scores
36
Desirability
Thin
30
Liquidity
Good
70
Resale Outlook
Marque analyst note
The 993 Targa sits at a median of £40,921 in the UK market, up 9.1% year-on-year, though the HOLD signal reflects modest momentum on a small sample of just four sales tracked in the past twelve months across a total population of nine transactions.
Production ran to 4,583 units, positioning the 993 Targa as a moderately scarce variant within the final generation of aircooled 911s. It carries a collectibility score of 7—rated Highly Collectible—though current market desirability registers as low, suggesting awareness and demand have not yet consolidated around this body style.
Liquidity remains thin and there are currently no active listings, a constraint that typically affects both pricing discovery and exit timing for holders. The small transaction count means individual sales can move reported medians; interpreting the 9.1% annual move requires caution given the limited depth.
The stable-modern-classic classification reflects the 993's stable position in enthusiast circles rather than volatile speculation. Targa variants have historically occupied a middle ground between the more sought-after Carrera and turbo models, which affects both trading frequency and price resilience.
Base projections suggest appreciation to £50,950 (24.5%) by 2025 and £54,722 (33.7%) by 2027, but the low-confidence rating flags material uncertainty around whether market appetite will sustain upward movement. Broader 993 strength—itself driven by air-cooled 911 scarcity and collector migration downmarket—remains the primary driver; Targa-specific demand continues to trail closed-roof variants.
Depreciation Benchmark
- Current avg value£40,921
- Annual appr. rate+9.1%/yr
UK Park (DVLA)
- Still licensed43
- SORN'd (off-road)71
- Total in DVLA records114
- % of production2.5%
- All Porsche 911s4,427
Best time to buy
Monthly price index vs. this model's averageBest deals on this model historically land in Mar (~21% below average). Avoid Jul, when competition drives prices higher.
Est. Annual Ownership Costs
- Insurance (agreed value)£450
- Maintenance£1,500
- Storage£2,400
- Depreciation— (appreciating)
- Total annual cost£4,350
Analyze a listing
Found one for sale? Get an instant verdict.
Enter the ask price (and mileage, if you have it) for an instant read against verified market data.
Market Liquidity
- Active Listings0
- Sales Last 12 Months3
- Sell-Through33%
Market Snapshot
- Active Listings0
- Avg Sale Price£40,786
- Avg Mileage at Sale—
- Recent Price Range£32,250 – £54,000
- Total Sales Tracked9
Recent sales
Showing latest 9£32,250
Collecting Cars · 16 Mar 2026
£43,360
the-market · 27 Nov 2025
£54,000
Collecting Cars · 16 Jul 2025
£38,482
the-market · 26 Jun 2025
£40,596
the-market · 8 Jan 2025
manual
£37,137
the-market · 8 Jan 2025
automatic
£37,500
Collecting Cars · 29 Aug 2024
manual
£38,500
Collecting Cars · 29 Nov 2023
£45,250
Collecting Cars · 19 Oct 2023
Indicative only — not investment advice. Past performance is not a reliable indicator of future value.