Skip to main content
Price opinion from advertisements and recorded sales. Not an inspection or a certified valuation.
CarQuant page
CarQuant
Get a report
Reference photograph of a Porsche 911 Turbo S
Valuation · Porsche · 992 · 2020-24

Porsche 911 Turbo S

3.7L twin-turbo flat six · 478 kW / 800 Nm · 8sp PDK · AWD
AVOIDRated within the over $100k band · 96 of 104 at this money
Research estimate
$420,000
Must gain each year to break even
+4.2%
The projection does not clear it, and nor does most of the library.
CarQuant score
53/100
Scored against the over $100k band, not the whole library
Evidence grade
Researched
No Australian transaction of any kind
$420,000
$247,169 lowhigh $531,808
Researched, no recorded transaction
No auction result. The newest Turbo S and the fastest depreciator here
Measured across this library, a value with no Australian result behind it runs high about seven times in ten, by a median of ten per cent. Read this one as a ceiling rather than a midpoint.

Looking at a 911 for sale?

Put in the asking price and the odometer reading. You will see what this model should make at that reading.

Should make, typical example
$420,000
At about 110,000 km. Enter an asking price to compare.

No Australian sale stands behind this value, so treat the figure as indicative.

We will not sell a report on this car. The check above stays free.

Price history

Today $420,000 · modelled median at five years $409,413
Solid line: the value this library has carriedDashed from 2026: modelled · even money $324,073 to $473,793
The green band is the even-money range and the one to plan on: half of outcomes land inside it. The pale band behind it bounds eight in ten ($247,169 to $531,808). The path is this model's own: it starts along the momentum of its recorded history and bends toward its projected median as the horizon lengthens, so no two cars share a future curve.

The verdict

The numbers argue against it. Scores 53/100, ranking 96 of 104 in the over $100k band. Ownership economics is the strongest input, scarcity the weakest.
Running it costs about $14,600 a year (3.5% of value), which is what the economics score measures. All in, including the projected value change, it is $21,177 a year.
The model's five year median is $409,413, a -2.5% move, with the tenth percentile at $247,169.
Value is research, not a measurement. Treat the level as indicative and the structure as the analysis.
Evidence
Researched0 recorded sales
Off its peak
-11%
Value band
wide
An external source, but no itemised transactions. Indicative only.
Scored against every recent Australian sale this library holds, half its values land within 11.2 per cent of the price paid and the rest miss by more, in either direction. Projections are therefore damped toward flat in proportion to how little is known, and the plausible band is never narrower than the error the model is known to make.
Short term (1-5 years)$21,177 a year all in, -2.5% median value move
Long term (10-15 years)Scarcity requires a decade of attrition
Negotiate from$420,000

Recorded sales

No individual sales are logged for this vehicle.
The value is supported by the aggregate evidence noted at the top of this report, but the underlying transactions are not itemised here.

Score breakdown

Against the over $100k band median
104 cars in band · ink tick marks the median
Ownership economics30% of total
70/100+1
Scarcity25% of total
22/100-43
Demand durability20% of total
70/100-8
Liquidity15% of total
50/100+18
Risk resilience10% of total
54/100+20
Sub-scores run 0-100 before weighting; the weighted total is 53/100. Medians are computed live from the 104 cars currently in the over $100k band, so this picture moves when the library does.
The working behind each factor: baseline and drivers ↓
Ownership economics30% weight
70/100
Baseline78 pts
− 3.5% of value a year to run-8 pts
Sub-score (baseline plus drivers, clamped 0-100)70 pts
Scarcity25% weight
22/100
Baseline34 pts
− An estimated 450 Australian deliveries, the highest volume in this comparison-8 pts
− Not a limited-run car in any sense-4 pts
Sub-score (baseline plus drivers, clamped 0-100)22 pts
Demand durability20% weight
70/100
Baseline62 pts
+ The fastest-accelerating car here and the most usable, with all-wheel drive and 110,000km expected life+16 pts
− Volume production and continued supply cap the collector case-8 pts
Sub-score (baseline plus drivers, clamped 0-100)70 pts
Liquidity15% weight
50/100
Baseline40 pts
+ Thirty sales a year and 46 days on market, the most tradeable car in this comparison+16 pts
− No auction record, so no public price discovery-6 pts
Sub-score (baseline plus drivers, clamped 0-100)50 pts
Risk resilience10% weight
54/100
Baseline62 pts
− Mechanically the most proven car here, but still depreciating-8 pts
Sub-score (baseline plus drivers, clamped 0-100)54 pts
Model output, not advice or a valuation. Verify independently before acting.

What it costs to own · about 12,000 km a year

Annual cost of access, excl. fuel
$14,600a year
Share of value per year
3.5%
Scheduled servicing$3,10021%
Tyres, annualised$2,20015%
Registration and CTP$9006%
Insurance$5,20036%
Sinking fund (failure table)$3,20022%
All-in annualised (a different number)
Purchase (model value plus duty)$436,800
Running costs × 5 years$73,000
Median exit, net of selling cost$403,913
All-in annualised over 5 years$21,177/yr
Share of value per year5.0%
Cost of access is what the car costs to run. All-in annualised adds depreciation, duty and selling costs across a five year hold. They answer different questions and are labelled separately for that reason.
Break-even appreciation, 5 year hold
4.2%a year, only to get the money back
This library projects
-0.5%a year
The projection falls 4.7 points a year short of the hurdle. On these assumptions this car is a cost, not an asset, which can be an entirely rational thing to buy but should be bought knowing it.
Purchase$420,000
Stamp duty$16,800
Running costs x 5 years$73,000
Selling cost at exit, 1.3% of the salescales with price
Sale price needed at +5 years$516,565
Storage
Bought at
No forecast is used to compute the hurdle. It is the purchase, the duty, any premium and 5 years of running cost, grossed up for the cost of selling and spread back over the hold. The projection it is measured against is the weakest number in this product and is drawn that way in the chart above. Transport, finance and any restoration spend sit outside it.

Specification

Engine3.7L twin-turbo flat six
Power / torque478 kW / 800 Nm
0-100 km/h2.7 s
Transmission8sp PDK
DriveAWD
Kerb weight1,640 kg
Built worldwide12,000
Delivered to Australia450
Effective AU survivors440
Australian sales / year30
Typical days on market46 days
Launch price$473,700

What moves the price on this model

Colour hierarchy
GT Silver Metallic+2%
Shark Blue+4%
Black-1%
Options
Lightweight package+8%
Sport Chrono with Sport exhaust+4%
Burmester audio+2%
Odometer sensitivity±1.2% per 10,000 km vs 110,000 km
Applied on top of these

Condition, history, originality, ownership, delivery and modification multipliers apply to every car in the library. They are applied automatically when an advertisement is analysed, and the schedule is set out once, on the analyser page.

Projected value in five years

Projected value at five years
$409,413
-2.5% on today
The model's figure. Today it is $420,000.
Even odds it lands between $324,073 and $473,793.
$247,169 lowhigh $531,808
The shaded range is even money and 46% wide; the outer figures bound eight outcomes in ten. Band width follows the evidence - a model with a tight measured record carries a tight band.
A weaker five year outlook than 70% of the library.
-26.6% weakest projected move in the librarystrongest +73.1%
Five-year cost of ownership
Value change alone: -$10,587 across five years.
Running costs over the same period: $73,000.
Duty and expected selling costs: $22,300.
Net cost of five years of ownership: $105,885, or $21,177 a year.
The projected value fall is added to the running cost. Depreciation is the larger number here.

The case for and against

The case for

The fastest and most usable car in this comparison. All-wheel drive, 110,000km expected life, 46 days on market and thirty sales a year, which makes it the easiest to exit by a wide margin. If the requirement is a car to actually drive, nothing else here competes.

The case against

It is the only car in this comparison still depreciating, and the model projects it to keep falling. An estimated 450 Australian deliveries makes it the highest-volume car here and it was never limited in any sense. No auction result exists in any market, so the value is research alone. Buying it as a keeper means betting that a five-year-old volume Turbo has reached its floor, and neither the 996 nor the 997.2 Turbo S reached theirs that quickly.

Known faults and risks

Risk 1Still depreciating; the model projects a further fall
Risk 2Highest volume car in the comparison at an estimated 450 delivered
Risk 3No auction evidence in any market
Annual service$3,100
Tyre set$2,200
PCCB disc replacement$30,000

Similar cars, and what they cost to run

Evidence behind this valueResearched · 0 recorded sales
Carried value
$420,000
Historical price
2020 · $473,7002026 · $420,000
Researched
An external source, but no itemised transactions. Indicative only.
No auction result in any market

For the 992 Turbo S in this library's data. Cars this new trade through dealers, not salerooms, so the absence is about the channel rather than about demand.

Read the rest of the evidence notes (4 more)
The value here is a researched estimate

And should be read as the least certain figure attached to any Turbo in this comparison.

What is established

The launch price was around $473,700 before on-road costs in 2020. Australian private buy guides for later 2023 cars have indicated roughly $546,000 to $573,000, while earlier 2020 and 2021 cars sit materially below that. The spread between a 2020 car and a 2023 car is wide enough that a single figure describes neither well.

The honest position

Is that this is the only car in this comparison still on its depreciation curve rather than off the bottom of it. The 997.2 Turbo S took roughly a decade to stop falling. The 996 Turbo took longer and its Australian record shows it fell again after 2022. A 2020 992 Turbo S is five years into that process, not through it.

Performance is not the question

At 478kW, 800Nm and 2.7 seconds to 100km/h this is the fastest-accelerating car in this comparison by a clear margin, including both GT2s. Whether that translates into value retention is a separate matter and nothing measured here suggests it does.

What we will not sell you
We will not price a Porsche 911 against an advertisement.

No Australian transaction stands behind this value. A spec-adjusted figure built on it would look precise and would not be, so the report is refused instead of sold with a caveat. That goes for this car and 87 others. Everything above is free and stays free.

Read a real listing report
Watch this model
Told when the next one is called.

One line of email when this desk publishes a call on a Porsche 911 Turbo S, or records a new Australian sale of one. Nothing else, no schedule, and on a quiet model you may hear nothing for months, which is itself worth knowing about a car you are chasing.

Free. One address, one model, and no account.