In this Elferspot Market Report, we take a look at the developments on the market for the Porsche 997. In recent months, it has displaced the Porsche 964 from the top of the most sought-after models. Is the second water-cooled 911 the new star on the Porsche market? Our analysis provides interesting insights into various key market figures for the sixth-generation 911. To do this, we have analyzed the data from over 4,000 Porsche 997s advertised on Elferspot to filter out the most important information for you.
Since Elferspot’s launch in 2017, we have been keeping the unofficial Elferspot hit list. In it, we record how many clicks are made on listings for which model series. Of course, clicks are not sales, but they are the ideal indicator of general interest in certain models. In the past, there were always at least two air-cooled Porsche 911s in the top spots. But since 2022, we have been able to observe the rapid rise of the Porsche 997.
The 997 is the first water-cooled 911 to be the most-clicked 911 generation on Elferspot.
Over the past three years, the sixth generation 911 has moved up one place every year. In the first quarter of 2025, the previously unthinkable happened: the Porsche 997 took over the top position in the unofficial hit list. This is the first time that a water-cooled 911 has taken the top spot. Although there tend to be more 991s and 992s on the market and a comparable number of G-models, 964s and 993s, the 997 seems to have become the masses’ favorite 911.
There are many reasons for this. On the one hand, the classic design with its round headlights and – at least from today’s perspective – compact dimensions speak in its favor. On the other hand, especially the 997.2 models built between 2008 and 2012 were the first to offer a sporty transmission option on a par with the manual gearbox in the form of the Porsche dual-clutch gearbox (PDK). The relatively modern drivability also makes it a good everyday companion.
Another factor for the ever-increasing interest in the 997 can be found in the prices. After all, it seems as if the 997 has reached a plateau following the recent slight fall in prices. Since 2023, the 997 seems to have mainly moved sideways, with a slight upward trend. It doesn’t matter whether it’s a Carrera, Turbo, GT or even a Speedster.
What does this mean for the future? While the price of the 997’s predecessor, the 996, has risen dramatically in some models since 2020, this development could still be in store for the 997. This is why it is considered one of the most exciting Porsches for newcomers who want to fulfill the dream of their first 911. We may be experiencing the calm before the storm, so to speak, before 997 prices skyrocket.
However, there have been certain shifts within the models themselves. While rear-wheel drive 997.1 Carrera Cabriolets tended to be more expensive than coupés in the past, this difference has more or less evened out by 2025. There are also shifts in the Carreras between rear- and all-wheel drive. In 2022, Carrera 4 models were on average over €8,000 more expensive than Carreras. In 2024, the difference was only around €1,500, while the gap seems to be closing again in 2025. Currently, the average prices for all-wheel drive Carreras are around €5,500 higher.
This phenomenon can also be observed in the facelifted 997.2 Carrera models. In 2023, 997.2 Carrera models with rear-wheel drive were even more expensive on average than the all-wheel drive models. However, this trend reversed again in 2024 and the first quarter of 2025. Prospective customers have to factor in a surcharge of around €4,000 for all-wheel drive.
It is also noticeable that, particularly in German-speaking countries, higher premiums are paid for manual gearboxes than elsewhere. Here, manual Carrera 4S models are up to 10,000 euros more expensive than their Tiptronic or PDK siblings. In North America, on the other hand, the Porsche dual-clutch transmission dominates. Here, vehicles with manual transmission are sometimes even cheaper than the PDK models!
Looking at 997.2 Carrera models as an example, it is noticeable that cars with PDK were more expensive than manual models just a few years ago. However, the trend that began in 2024 of manual transmissions overtaking PDK models again appears to be continuing and even intensifying in 2025. It is conceivable that Porsche’s decision to only offer the 911 as a Carrera T with a manual transmission will also have an impact on the used market.
A key question for every dealer is, of course, how quickly the respective vehicles can be sold. Although liquidity planning should not be based exclusively on average values, they do provide an indication of which models tend to be less in demand on the market. In addition to the average values, we have also calculated the medians in order to provide a more accurate picture of the average marketing time.
Most Porsche 997 models sold within around three months in 2024. Although the 997.2 Carrera 4 GTS and Carrera 4, for example, are well below this. On average, these 997s are sold within two months. However, rear-wheel drive GTS vehicles stay at the dealership for one to two months longer.
model | Ø listing duration (days) | median listing duration (days) |
---|---|---|
997.2 Carrera 4 GTS | 60 | 33 |
997.2 Carrera 4 | 66 | 40 |
997.2 GT3 RS | 70 | 29 |
997.2 GT3 | 71 | 42 |
997.2 Carrera | 73 | 50 |
997.2 Turbo | 74 | 38 |
997 Sport Classic | 77 | 59 |
997.2 Carrera S | 78 | 56 |
997 GT2 | 81 | 68 |
997 GT2 RS | 84 | 48 |
997.2 Carrera 4S | 85 | 48 |
997 Carrera | 86 | 62 |
997.2 Turbo S | 94 | 58 |
997 Carrera 4S | 94 | 62 |
997 Carrera 4 | 95 | 81 |
997 Carrera S | 96 | 70 |
997.2 Carrera GTS | 98 | 60 |
997 GT3 Cup | 104 | 110 |
997 Turbo | 106 | 60 |
997 GT3 RS | 109 | 100 |
997 GT3 | 123 | 74 |
997 GT3 RSR | 127 | 22 |
997.2 GT3 Cup | 154 | 136 |
997 GT3 RS 4.0 | 177 | 145 |
997 Speedster | 239 | 258 |
A little more patience is also required for 997 Targas with Tiptronic. Here, four to six months can sometimes pass between the advertisement being placed and the sale being concluded. Marketing the 911s with the large glass roof takes the longest in sun-drenched Italy. First-generation GT3 RS models as well as the Speedster and GT3 RS 4.0 also sell less quickly.
Elferspot magazine