January 2026 Porsche Market Update

by Shon Burton  ·  February 23, 2026

Welcome to the Flat 6 Club / Porsche Market Letter for January 2026! As many of you know, January is one of the biggest months in the collector car world, with Barrett-Jackson Scottsdale, Mecum Kissimmee, RM Sotheby's Arizona, and Bonhams all hosting major sales during Arizona Car Week and beyond. This year was no exception — and for Porsche fans, there was plenty to talk about.

The January 2026 auction season saw some truly spectacular results. RM Sotheby's Arizona alone moved $63 million in total sales with a 94% sell-through rate — more than double their 2025 Arizona total. Mecum Kissimmee was its usual behemoth, spanning 13 days with approximately 4,500 vehicles crossing the block. Barrett-Jackson Scottsdale sold 1,874 vehicles for $189.1M total. Porsche was well represented across all of these events.

Now let's take a look at the Porsche market for January 2026. This month we've expanded our coverage to include the 356, 924, 928, and 944 — let's start with the car that started it all.

356 (1948-1965)

The Porsche 356 — where the legend began. January 2026 saw strong activity for Stuttgart's original sports car, with everything from concours-quality Speedsters to driver-grade Coupes crossing the block. The high price was set by a stunning Silver Metallic 1959 Porsche 356A Convertible D, one of just 1,331 Convertible D models ever produced, which sold for $240,000 via Bring a Trailer on 1/24/26. This beautifully restored example had been through the hands of Willhoit Auto Restoration and came with a Porsche Certificate of Authenticity, showing 67k miles on its 1.6L flat-four paired with a four-speed manual. The Convertible D — with its taller windshield and roll-up windows — is often considered even more usable than the Speedster, and this result proves collectors agree.

Compare this to January 2023's high of $295,400 for a 1954 Pre-A 1500 via Bonhams. While that was a slightly higher number, this Convertible D result confirms that well-restored, documented 356s continue to command strong money.

On the bargain side, a Signal Red 1962 Porsche 356B Coupe that had been with the same owner for 43 years sold for $68,000 on Bring a Trailer on 1/21/26. Yes, it had a replacement engine from a 912, but this was a charming, honest car with a sunroof, Nardi steering wheel, and decades of patina. If you want to actually drive a 356 without worrying about every stone chip, this is the kind of car to buy.

January 2023's bargain was a 1963 356B Coupe at $35,000 via BaT, so the entry point for a solid 356 driver has moved up significantly. The days of sub-$50K 356s appear to be fading fast.

924 (1976-1988)

The 924 market had a truly historic moment in January 2026. The high price was set by a jaw-dropping 1980 Porsche 924 GTP at RM Sotheby's Arizona, which sold for $423,500 on 1/23/26. Now, before you spit out your coffee — this was no ordinary 924. This was one of just three factory-prepared 924 GTP racecars built for the 1980 24 Hours of Le Mans, driven by legends Al Holbert and Derek Bell to a 13th overall finish. A significant piece of Porsche motorsport history that proves even the humble 924 platform can reach stratospheric prices when the provenance is right.

Back on planet Earth, the bargain side of the 924 market was represented by a lovely Alpine White 1987 Porsche 924S 5-Speed with 46k miles, which sold for $16,524 on Bring a Trailer on 1/12/26. The 924S shares its 2.5L engine with the 944 and is genuinely one of the best-kept secrets in the Porsche world — a balanced, fun-to-drive sports car with pop-up headlights, a 5-speed manual, and that unmistakable transaxle handling. The BaT comments section was full of 924S owners celebrating the result.

Compare this to January 2023's bargain of $7,500 for a 1987 924S via PCARMARKET. That's more than double in three years — the secret is getting out about these capable and affordable transaxle Porsches.

928 (1978-1995)

The 928 market continues to reward rare, well-maintained examples — especially those with manual transmissions. The high price for January 2026 was a magnificent Grand Prix White 1991 Porsche 928 GT 5-Speed with 51k miles, which sold for $107,928 on Bring a Trailer on 1/23/26 after a fierce 52-bid battle. The 928 GT is one of the most desirable variants of Porsche's front-engine grand tourer, featuring the 5.0L DOHC V8 making 326 horsepower, a five-speed manual transaxle, and a limited-slip differential. This particular car had recently had its timing belt, water pump, and spark plugs replaced — ready to eat miles.

This is just shy of the January 2023 high of $121,000 for a 1993 928 GTS 5-Speed via BaT, indicating a stable and healthy market at the top for these V8 grand tourers. The 928 GT and GTS with manual transmissions are firmly in six-figure territory.

The bargain of the month was a Black 1985 Porsche 928S with an automatic transmission and 174k miles, which sold for just $8,700 on Bring a Trailer on 1/14/26 with no reserve. This was a 39-years-owned car — the kind of long-term relationship we love to see. Yes, it's high mileage, and yes, it's an automatic, but a running, driving V8 Porsche for under $9,000 is an incredible value proposition. These 928s are fantastic highway cruisers and still turn heads everywhere they go.

The bargain price is down significantly from January 2023's $18,000 for an earlier 1982 model, suggesting that higher-mileage, automatic 928s remain very affordable entry points into the 928 world. If you've ever wanted to try the 928 experience, now is the time.

944 (1982-1991)

The 944 market in January 2026 was all about condition, condition, condition. The high price was set by an absolutely stunning Guards Red 1984 Porsche 944 5-Speed with just 9,000 miles on the clock, which sold for $35,000 on Bring a Trailer on 1/15/26. This was a true time-capsule car — one owner in California from 1985 to 2019, then purchased on BaT in 2020. It featured 15" Fuchs alloy wheels, a sunroof, the original Blaupunkt Sacramento cassette stereo, and a five-speed manual. The seller even completed a multi-stage paint correction and timing belt service before delivery. For a 944 in this condition, $35K felt like a fair deal.

Also noteworthy: a Summer Yellow 1987 Porsche 944 — one of fewer than 400 US-spec cars in that rare color — sold at Mecum Kissimmee for $34,100 on 1/10/26 with 47k miles. Rare colors are commanding premiums across the Porsche market, and the 944 is no exception.

Compare this to January 2023's high of $41,800 for a 1986 944 Turbo via Gooding. A pristine naturally aspirated car is now approaching Turbo money — that's how much the market values originality and low mileage.

On the bargain end of the spectrum, a Zermatt Silver Metallic Euro 1984 Porsche 944 5-Speed sold for just $5,500 on Bring a Trailer on 1/12/26. This was a Euro-spec car with a Lindsey Racing exhaust, some cosmetic needs, and unknown true mileage — but it was a running, driving, five-speed 944 for the price of a decent set of tires for a 992. If you want to get into the Porsche hobby without breaking the bank, the 944 remains your best friend.

This is right in line with the January 2023 bargain of £5,400 for a 1988 944, proving that the 944 remains one of the most accessible and affordable ways to get into classic Porsche ownership. Long may it continue.

914 (1970 to 1976)

The 914 market in January 2026 was relatively quiet, which has become the norm for these mid-engine gems. The highest price was set by a beautiful original-owner Red 1975 Porsche 914 with its 1.8L flat-four and five-speed manual, showing 75k miles on its rolled odometer. This time-capsule car sold via Bring a Trailer for $29,000 on 1/21/26 with no reserve. The BaT comments section was full of people calling it a steal — one 914 specialist noted that they spend $28,000 in just a month of 914 restoration work at their shop!

Compare that to January 2023's high of $25,300 for a 1974 Targa 2.0L via Mecum — so we're seeing a modest uptick in the 914 market, up about 15% at the top.

On the bargain side, a Signal Orange 1974 Porsche 914 with 99k miles sold for $20,750 via Bring a Trailer on 1/23/26. Still a lot of car for the money if you're looking for a fun weekend driver.

January 2023's bargain was a Nepal Orange 1975 Targa at $13,750 via Mecum. Prices have firmed up across the board for the 914.

F-MODEL / LONGHOOD 911 (1964-1973)

January 2026 brought a monster result in the longhood market. The high price was set by a legendary 1973 Porsche 911 Carrera RS 2.7 Touring in Grand Prix White with Red accents, featuring the desirable M472 Touring specification. This iconic car sold at RM Sotheby's for $417,425 on 1/30/26. The Carrera RS 2.7 remains one of the most coveted Porsches ever made, and this result confirms the longhood market is alive and well at the top end.

Compare this to January 2023's high of $220,000 for a restored 1968 911T at Barrett-Jackson. The RS 2.7 is obviously a different league of car, but it shows the depth of the longhood market in January 2026.

On the bargain side, a Burgundy 1971 911T Targa with 86k miles and a 5-speed manual sold for $61,000 via Bring a Trailer. That's a lot of classic 911 for the money — these early Targas are fantastic drivers and still offer that unmistakable longhood silhouette.

January 2023's bargain was a White 1970 911T Targa at $41,911 via BAT. Prices have moved up noticeably for entry-level longhoods — about 46% higher at the bargain end.

G-MODEL / IMPACT BUMPER 911 (1974-1989)

The G-Model market in January 2026 was absolutely on fire, and the story was all about Barrett-Jackson Scottsdale. The headline result was a stunning Peru Red 1977 Porsche 911 Turbo Carrera (Lot 1327) that was recently restored by Porsche Louisville at a cost of $594,991 (yes, you read that right). This car then entered the Porsche Classic Restoration Challenge, winning People's Choice. It sold at Barrett-Jackson for $451,000 on 1/25/26.

But the Barrett-Jackson Porsche Louisville story didn't stop there. Two more show-quality cars restored by the same shop crossed the block right after: a 1982 911 SC for $280,500 and a 1993 Carrera 2 for $203,500. These are extraordinary prices that show what a concours-level restoration can command.

Compare this to January 2023's high of $417,500 for a rare 1989 M505 Turbo Cabriolet Flachbau via RM. The G-Model market remains incredibly strong at the top.

On the bargain side, an Iris Blue Metallic 1986 911 Carrera Cabriolet with 145k miles and a 5-speed manual sold for $50,000 via Bring a Trailer on 1/24/26. Higher mileage, yes, but these 3.2 Carreras are fantastic drivers and Iris Blue is a gorgeous color.

January 2023's bargain was a Guards Red 1987 Carrera Cabriolet at $39,500 via BAT. Even the bargain end of the G-Model market has moved up about 27%.

964 (1989 to 1994)

January 2026 saw one of the most spectacular 964 results in recent memory. The high price was set by a breathtaking Midnight Blue Metallic 1993 Porsche 911 Turbo S Lightweight with just 393 miles on the clock. This is one of only 86 Turbo S Lightweights ever produced, and this particular example featured extensive customizations from Porsche Exclusive, with nearly every interior surface covered in leather. It sold at RM Sotheby's Arizona for a staggering $2,480,000 on 1/23/26 — making it the third highest-priced Porsche at the entire Arizona auction week.

Compare this to January 2023's high of $401,000 for an Amethyst 1994 Turbo 3.6. The Turbo S Lightweight is obviously a much rarer and more collectible car, but it shows how the ultra-rare 964s continue to command serious money.

On the bargain side of the 964 market, a Guards Red 1994 911 Carrera 2 Coupe 5-Speed with 70k miles sold for $82,964 via Bring a Trailer on 1/24/26. A clean, honest 964 C2 with a manual gearbox — these are the cars that enthusiasts actually drive and enjoy.

January 2023's bargain was a Grand Prix White C2 Coupe 6-Speed at $65,964 via BAT. The 964 C2 market has moved up about 26% in three years — these cars are firmly established as modern classics.

993 (1994-1998)

The 993 market continues to be driven by the rare Turbo S at the top end. This month's high price was set by a Black 1997 Porsche 993 Turbo S with 27,349 miles, one of just 183 produced for the US market. This air-cooled legend sold at Barrett-Jackson Scottsdale for $660,000 on 1/25/26 in a No Reserve auction. Air-cooled royalty, indeed.

Also noteworthy: a 1997 993 Turbo (non-S) sold at Barrett-Jackson for $330,000, showing that even the "regular" air-cooled Turbos are commanding serious money.

Compare this to January 2023's high of $605,000 for a Triple Black 993 Turbo S at Barrett-Jackson. The Turbo S has appreciated about 9% in three years — steady and strong.

For January's best 993 bargain, a Polar Silver 1996 911 Carrera Cabriolet with a supercharger, 6-speed manual, and 110k miles sold for $44,993 via Bring a Trailer on 1/30/26. That's a lot of open-top 993 for the money — a supercharged, air-cooled 911 Cabriolet with a manual gearbox at this price is a genuine deal.

January 2023's bargain was a Midnight Blue 1995 C2 Cabriolet at $45,500 via BAT. The 993 bargain market has essentially held steady — good news for buyers looking to get into the last of the air-cooled 911s.

996 (1997-2005)

The 996 generation continues its slow but steady appreciation, especially for the desirable Turbo and GT models. January's high price was set by a gorgeous Lapis Blue Metallic 2001 Porsche 911 Turbo Coupe with just 7,116 miles, a 6-speed manual, and unique Light Burr Maple Wood interior trim. This beauty sold at RM Sotheby's Arizona for $134,400 on 1/26/26.

Compare this to January 2023's high of $249,996 for a 2003 GT2 in Arctic Silver via BAT. The 996 GT cars still command the biggest premiums, but a low-mileage, well-spec'd Turbo is no slouch either.

On the bargain side, a Black 1999 911 Carrera Coupe 6-Speed sold for just $27,250 via Bring a Trailer on 1/31/26. That's a 911 with a manual gearbox for less than a new Civic! The 996 remains the most affordable way into a "real" 911.

January 2023's bargain was a 1999 Arctic Silver C2 Tiptronic at $15,500 via Cars and Bids. The bargain 996 market has moved up — you're now paying closer to $27K for a manual car — but it's still an incredible value proposition.

997 (2004 to 2013)

January's 997 market was headlined by an absolute unicorn: a Sport Classic Grey 2010 Porsche 911 Sport Classic, number 2 of just 250 ever made, with an almost unbelievable 123 miles on the odometer. This stunning limited edition — with its signature ducktail spoiler, Fuchs-style wheels, and 6-speed manual — sold at RM Sotheby's Arizona for $775,000 on 1/23/26. With the new 992 Sport Classic having reignited interest in the nameplate, these original 997 Sport Classics are only going up.

Compare this to January 2023's high of $406,500 for a 2011 GT3 RS 3.8 via RM. The Sport Classic is a different kind of collectible — more grand tourer than track weapon — but $775K shows the depth of demand for rare 997s.

On the bargain side, a 2007 Porsche 911 Carrera 4S Coupe 6-Speed sold for $71,500 via Bring a Trailer on 1/28/26. The 997 C4S with a manual is one of the best all-around sports cars ever made, and at this price it's a genuine performance bargain.

January 2023's bargain was an Atlas Grey 2005 Carrera S 6-speed at $26,958 via Collecting Cars. The 997 bargain market has moved up significantly — the days of sub-$30K 997s appear to be over.

991 (2011-2019)

The 991 generation delivered some seriously impressive results in January 2026. The GT car market is absolutely surging, and the headline number came from Mecum Kissimmee where a 2018 Porsche 911 GT2 RS with 2,258 miles sold for $632,500 on 1/15/26. The GT2 RS market has been going crazy — even non-Weissach examples are now breaking through the $500,000 barrier.

Also noteworthy: an 11k-Mile 2014 Porsche 911 50th Anniversary Edition sold for $153,000 on BAT on 1/26/26, showing strong demand for special-edition 991s.

Compare this to January 2023's extraordinary high of $1,468,612 for a 2019 Porsche 935 Revival Edition via Collecting Cars. That was a once-in-a-lifetime car (1 of 77), but the GT2 RS at $632,500 shows the 991 GT market is red hot.

January's bargain 991 came in the form of a Lava Orange 2016 911 Carrera Coupe with 45,096 miles, a Fabspeed exhaust, and Sport Chrono Package. This eye-catching car sold via Bring a Trailer for $76,076 on 1/2/26. That's a lot of modern 911 for the money.

January 2023's bargain was a White 2013 Carrera at $54,500 via BAT. The entry-level 991 market has moved up about 40% — these cars are no longer the "affordable" modern 911 they once were.

992

The 992 market in January 2026 was dominated by GT cars, and the biggest number came from Barrett-Jackson Scottsdale where a 2024 Porsche 911 GT3 RS (Lot 1356) sold for $489,500 on 1/25/26. The 992 GT3 RS is widely regarded as one of the greatest track-focused road cars ever made, and these results reflect that status.

Also noteworthy: a Slate Grey Neo 2026 Porsche 911 GT3 Touring with just 19 miles and a 6-speed manual sold at Bonhams for $373,500 on 1/23/26. The GT3 Touring with a manual continues to command a massive premium over MSRP.

Compare this to January 2023's high of $362,500 for a Chalk 2022 GT3 Touring via RM. The 992 GT market has moved up — a GT3 RS is now approaching half a million, and GT3 Tourings are firmly in the mid-$300Ks.

For January's 992 bargain, a Shark Blue 2022 Porsche 911 GT3 with 3,800 miles sold for $241,000 via Bring a Trailer on 1/27/26. Shark Blue is one of the most desirable colors on the 992, and at $241K this is actually a reasonable entry point for a 992 GT3.

January 2023's bargain was a Jet Black 2022 Carrera S at $111,992 via Pcarmarket. The 992 market has shifted — base Carreras are now more available at reasonable prices, while the GT cars continue to trade at significant premiums.

Boxster

The Boxster market in January 2026 continued a trend we've been watching: special editions and low-mileage examples command strong premiums, while standard models remain affordable. The high price was set by a stunning Orange 2008 Porsche Boxster Limited Edition, number 202 of just 250 made, with only 3,000 miles on the clock and a 5-speed manual. This rare Boxster sold via Bring a Trailer for $53,666 on 1/28/26.

Compare this to January 2023's high of $29,700 for an Alpine White 2005 Boxster S via Mecum. The Limited Edition commands a significant premium, but it also shows that special Boxsters are being recognized as collectibles in their own right.

For January's bargain Boxster, a 33k-Mile 2001 Porsche Boxster 5-Speed sold for $16,000 via Bring a Trailer. A well-maintained, low-mileage Boxster with a manual gearbox for $16K — that's still one of the best performance car values in the world.

January 2023's bargain was a Black 1998 Boxster 5-Speed at $9,200 via BAT. Prices have moved up, but the Boxster remains the most affordable way into a mid-engine Porsche.

Cayman

The Cayman market in January 2026 was headlined by the GT4 RS, which continues to be one of the most sought-after modern Porsches. The high price was set by a White 2024 Porsche 718 Cayman GT4 RS Weissach with just 1,700 miles and a PDK gearbox. This track-ready machine sold via Bring a Trailer for $188,000 on 1/20/26.

Compare this to January 2023's high of £227,000 ($273,721) for a Gentian Blue GT4 RS Weissach sold in the UK. The GT4 RS market has actually come down a bit from those early-delivery premiums — which is good news for enthusiasts who actually want to drive these cars.

On the bargain side, a Black 2012 Porsche Cayman with 102k miles and a PDK sold for just $22,500 via Bring a Trailer on 1/29/26. A mid-engine Porsche for $22,500 — the 987 Cayman remains an absolute performance bargain.

January 2023's bargain was a 2007 Arctic Silver Cayman Automatic at $15,250 via BAT. Prices have moved up about 47% at the bargain end, but the Cayman is still one of the best sports car values out there.

---

That's a wrap on the Porsche Market Letter for January 2026! The big story this month was the strength of the Arizona auction week — RM Sotheby's, Barrett-Jackson, and Bonhams all delivered impressive Porsche results. The air-cooled market remains robust, the 996 continues its quiet appreciation, and the GT car market (991 GT2 RS, 992 GT3 RS, GT4 RS) is absolutely surging.

Three years after our January 2023 report, the overall trend is clear: Porsche prices have generally moved higher across all generations, with the biggest gains in the 991 GT cars, entry-level 997s, and the 964 market. The 993 Turbo S has been remarkably stable, the 996 remains the best value in the 911 lineup, and the transaxle cars (924, 928, 944) are finally getting the recognition they deserve. Meanwhile, the 356 market continues to reward quality and provenance.

Thanks for reading! If you have comments, please leave them below — we love hearing your feedback.