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United Kingdom market

Porsche 911 (993) Targa

1995–1998

Porsche 911

Based on 9 verified auction results

HOLDAppreciatinglow confidence

£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

Oct 2023Today

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
DVLA quarterly data, last updated 2025 Q4. Licensed = currently taxed and on the road. SORN = registered as off-road (storage, restoration).

Best time to buy

Monthly price index vs. this model's average

Best 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
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

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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

  • £37,137

    the-market · 8 Jan 2025

  • £37,500

    Collecting Cars · 29 Aug 2024

  • £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.