A 997 Carrera S Cabriolet is a $47,750-median car whose price is set almost entirely by three things — a third pedal, a sub-40k odometer, and whether anyone has ever put a borescope in the cylinders.
Across 305 completed BaT auctions, 246 sold (80.7% sell-through) at a median of $47,750 and a mean of $49,557, with the middle half of the market between $40,288 and $56,781. The extremes ($19,500 to $136,000) are almost entirely spec and condition artifacts, not market noise. The model is flat-to-slightly-firm: last-12-months median $49,175 against $47,000 the year before (+4.6%), which sits inside a five-year plateau — 2021 $51,997, 2022 $52,956, 2023 $48,000, 2024 $42,000, 2025 $49,100, 2026 $46,000 (n=27 YTD). The 2020 trough ($36,125) is gone; the 2022 peak has not returned. Anyone modelling appreciation should note tenor-sax's comment on the 2012 Porsche 911 Carrera S Cabriolet 6-Speed: a 6,800-mile 2011 manual cab with CPO warranty cost him $59,000 in 2018, and that same 2012 went reserve-not-met at $70,000 in 2026 after selling for $78,000 in April 2024.
The spread between a good one and a bad one is roughly 2:1 and it is legible. At the top, No Reserve: 36k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed made $74,000 (Malachite Green, sand beige, compression test and clean borescope in the listing); 2006 Porsche 911 Carrera S Cabriolet 6-Speed in Forest Green Metallic over sand beige made $72,000 at 52k miles; 42k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed made $69,778 even with no service records at all. At the bottom, 2005 Porsche 911 Carrera S Cabriolet 6-Speed at 106k miles with elevated oil consumption and a mid-auction check-engine light brought $31,247, and 2006 Porsche 911 Carrera S Cabriolet 6-Speed with 80k miles, six owners and a refused borescope brought $33,250. Mileage is a real but noisy input: the analysed 43-car mileage subset runs $57,500 at 16k and $59,000 at 22k down to $35,000–$37,500 at 102k–145k, yet 23k-Mile 2006 Porsche 911 Carrera S Cabriolet (Tiptronic) only made $44,500 while 2006 Porsche 911 Carrera S Cabriolet 6-Speed at 52k made $72,000. Transmission and colour explain most of that inversion.
Transmission is the cleanest lever the data supports: manual median $49,625 (n=34) versus Tiptronic $44,500 (n=6). The comment threads say it louder than the medians. On 23k-Mile 2006 Porsche 911 Carrera S Cabriolet, mb36cg called the $3,420 Tiptronic S 'the most value-destructive option imaginable', and JQuillen on the earlier listing of that same car said he 'just couldn't pull the trigger on an automatic'. On the PDK 2009 Porsche 911 Carrera S Cabriolet that went RNM at $72,997, 02911dog wrote that with a manual and those carbon buckets 'this would be a six figure car'. Colour matters too, within the limits of thin samples: Guards Red median $52,911 (n=5) versus Black $42,500 (n=9), and the two biggest non-modified results of the last year were both unusual colours over beige.
The 19% of cars that don't sell fail for predictable reasons. Reserve misses cluster around (a) unresolved paint/accident history with no meter readings — 45k-Mile 2005 Porsche 911 Carrera S Cabriolet 6-Speed stalled at $37,250 with three Carfax damage entries, and 2006 Porsche 911 Carrera S Cabriolet 6-Speed in slate gray died at $34,250 after the seller couldn't supply a cold-start video; (b) refusal to borescope on a 997.1 — 30k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed went RNM at $55,500 after PMUZI publicly withdrew when the DME report never arrived; and (c) sellers chasing retail money on low-mile cars, as with 10k-Mile 2009 Porsche 911 Carrera S Cabriolet 6-Speed at $75,000 and 11k-Mile 2006 Porsche 911 Carrera S Cabriolet 6-Speed at $56,000 (the latter reportedly sold off-auction at $82,500 all-in, which is the honest ceiling for a museum-mile car and is not the auction market).
Manual median $49,625 (n=34) vs Tiptronic $44,500 (n=6); PDK withheld at n=3. 23k-Mile 2006 Porsche 911 Carrera S Cabriolet — a 23,000-mile car — only managed $44,500 as a Tiptronic, where manual cars at 37k-45k miles routinely clear $50k-$62k. On 2009 Porsche 911 Carrera S Cabriolet (PDK, RNM $72,997) commenter 02911dog said a manual with the same carbon buckets 'would be a six figure car'. On 2006 Porsche 911 Carrera S Cabriolet 6-Speed ($42,500, 66k mi) foreignaffairsmotorsport wrote 'STILL cheap for manual'.
In the 43-car mileage subset, 22,000 mi -> $59,000 and 16,000 mi -> $57,500, while 95,000 mi -> $35,900, 102,000 mi -> $35,000 and 145,000 mi -> $37,500. No Reserve: 36k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed at $74,000 and 42k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed at $69,778 are the high-water marks for unmodified cars. Note the exception: 2006 Porsche 911 Carrera S Cabriolet 6-Speed with 52k miles made $72,000 on colour and interior alone.
The two strongest sales in the last year both carried engine documentation: No Reserve: 36k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed included a compression test and bore scope showing no scoring ($74,000), and 2006 Porsche 911 Carrera S Cabriolet 6-Speed in Cobalt Blue had a completed bore scope plus clean DME and made $57,500 at 68k miles, with swb911s calling it 'still underpriced'. Conversely 30k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed promised a DME report, never delivered, and went RNM at $55,500 with PMUZI writing 'Ok, Thanks that counts me out'.
Guards Red median $52,911 (n=5) vs Black $42,500 (n=9). No Reserve: 36k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed (Malachite Green over sand beige) $74,000; 2006 Porsche 911 Carrera S Cabriolet 6-Speed (Forest Green Metallic over sand beige with full leather dash) $72,000; 2006 Porsche 911 Carrera S Cabriolet 6-Speed (Cobalt Blue over sand beige) $57,500; 2007 Porsche 911 Carrera S Cabriolet 6-Speed (Cobalt Blue with paint-matched interior trim) $55,500. On 2006 Porsche 911 Carrera S Cabriolet 6-Speed in dark olive over cocoa, Y2K911 laid out the comparison directly: his black/tan 61k-mile car brought $43.75k while the olive/cocoa 96k car was already at $44.5k.
No Reserve: 36k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed ran from $64k to $74,000 in the closing moments — the highest unmodified result in the analysed set. No Reserve: 2005 Porsche 911 Carrera S Cabriolet 6-Speed drew 5-6 bidders in the last ten minutes to $43,000 despite a declined borescope. Reserve cars with the same or better specs repeatedly stalled: 29k-Mile 2006 Porsche 911 Carrera S Cabriolet 6-Speed RNM at $54,500, where Ganzelom simply wrote 'Reserve was too high'.
2009 Porsche 911 Carrera S Cabriolet with 'moderate damage' in 2014 plus 'minor' in 2019 sold for $46,000 at 106k miles, with bill930p commenting 'This is WAY lite on a 997.2'. 45k-Mile 2005 Porsche 911 Carrera S Cabriolet 6-Speed, with three damage entries and no repair invoices, failed at $37,250. 2011 Porsche 911 Carrera S Cabriolet RNM at $42,250, where Rhdrive said outright 'I for one would have bid if I felt more comfortable' about the undocumented 2016 damage.
37k-Mile 2009 Porsche 911 Carrera S Cabriolet (PDK) made $64,500 and 2009 Porsche 911 Carrera S Cabriolet 6-Speed at 56,487 miles made $53,500. Sellers of 997.2 manuals are asking well above that: 10k-Mile 2009 Porsche 911 Carrera S Cabriolet 6-Speed went RNM at $75,000 and 34k-Mile 2009 Porsche 911 Carrera S Cabriolet 6-Speed RNM at $50,500. On the 145k-mile 2009 Porsche 911 Carrera S Cabriolet 6-Speed the listing itself credits the 'MA1 engine architecture (2009+) eliminates IMS bearing concerns'. RobThePorscheMan's line on a 2007 asking $62,995 — 'Need to be a .2 to bring that kind of money' — is the market in one sentence.
45k-Mile 2006 Porsche 911 Carrera S Cabriolet 6-Speed ($61,750) had clutch, slave cylinder, flywheel and tyres done in July 2026. 37k-Mile 2005 Porsche 911 Carrera S Cabriolet 6-Speed ($51,500) carried a $10,700 soft top and hydraulics job at Porsche Maitland plus a fresh clutch. 30k-Mile 2007 Porsche 911 Carrera S Cabriolet 6-Speed ($54,000) had clutch, flywheel, slave cylinder and RMS all done in March 2023 and closed above the median despite a soft-top question in the photos.
RWB-Style 2009 Porsche 911 Carrera S Cabriolet made $81,000 on 87,000 miles as a PDK with a 2015 accident, a repaint from Basalt Black to Carrara White and an unresolved airbag light — roughly double what an unmodified equivalent brings. But commenter Justification's verdict ('Doing this to a PDK cabriolet that's been in an accident is no big loss') is the honest read: this is a one-off tribute-build result, not a repeatable premium.
| Spec | Median | Cars |
|---|---|---|
| Manual | $49,625 | 34 |
| Tiptronic | $44,500 | 6 |
| Colour | Median | Cars |
|---|---|---|
| Guards Red | $52,911 | 5 |
| Black | $42,500 | 9 |
Petethecarman on 2006 Porsche 911 Carrera S Cabriolet 6-Speed ($33,250): 'Bore scoring is a real issue on all M96/M97 engines and requires a rebuild... bid like it's a worst case scenario so you aren't buried in the car.' Ewu57 on 2006 Porsche 911 Carrera S Cabriolet ($52,911): 'We've had a couple of 08 come back with bore scope issue the last couple of weeks here on bat.' Craig66 on 41k-Mile 2007 Porsche 911 Carrera S Cabriolet 6-Speed: '997.1 S that is specifically known for bore scoring.' AnonUserq7mRj on 2005 Porsche 911 Carrera S Cabriolet 6-Speed rejected the cold-climate excuse and pinned it on 'repeated cold starts, short trips, idling to warm up'. wdgreene on that same car priced the risk explicitly: 'I'm estimating a 40% chance that there are engine problems and an 8% of catastrophic, and I priced the rebuild at 22k.' Most consequentially, on 30k-Mile 2007 Porsche 911 Carrera S Cabriolet 6-Speed the seller refused a borescope, insisted '100% no mechanical issues', and winning bidder FredSpreen reported post-sale: 'Post auction an engine light issue and rough sounding startup so seller brought in for service.'
Check: Insist on a borescope of all six cylinders (a proper one requires dropping the oil pan per Maddmike), plus a cold-start video with audio, tailpipe soot comparison left vs right, and an oil analysis (LLBTOYS suggests SPEEDdiagnostix at about $75). Quantify oil consumption in quarts per 1,000 miles, in writing.
JHI43 on No Reserve: 36k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed: 'All factory 2006–2008 Porsche 911 Carrera S (M97.01 3.8L) engines already come with the larger, non-serviceable factory IMS bearing standard.' Friarmike84 on 2006 Porsche 911 Carrera S Cabriolet: '997s from 06 and newer have the larger, non-serviceable bearings. Basically, not an issue.' But the paperwork side is a minefield: on 2005 Porsche 911 Carrera S Cabriolet 6-Speed ($45,250) the seller claimed a Carfax 'crankshaft oil seal replaced' entry meant the IMS had been done, and the previous owner jbartholomewt appeared in the thread to say 'You should know that the IMS bearing was NOT replaced. It's the non serviceable IMS style.' On 2005 Porsche 911 Carrera S Cabriolet 6-Speed (Prosecco, $54,500) Presto12 pointed out 'The invoice from RSP, photos 370 and 380, does not show that the IMS was replaced', and jonesa604 concluded 'we basically have to go on the word of the previous owner'. bluesman on 2007 Porsche 911 Carrera S Cabriolet 6-Speed noted removing the grease seal for oil-splash lubrication 'would have been easy during the clutch job' — and on 2006 Porsche 911 Carrera S Cabriolet 6-Speed the seller admitted he had 'no written repair order to help substantiate the procedure'.
Check: Photograph the engine serial number and the build-date sticker. Curler09's guidance on 34k-Mile 2005 Porsche 911 Carrera S Cabriolet: 'M97.01 engines after serial number 68509791 should have the larger 06-08 non-serviceable IMS bearing.' If the clutch has been done, demand the actual invoice and look for whether the outer grease seal was removed — do not accept a verbal claim.
2006 Porsche 911 Carrera S Cabriolet (Tiptronic, RNM $36,750) had 'convertible top hydraulic cylinders replaced March 2026 ($2,481.65)' — the invoice figure is in the listing. 37k-Mile 2005 Porsche 911 Carrera S Cabriolet 6-Speed carried a '$10,700 at Porsche Maitland' soft top and hydraulics replacement. No Reserve: 2007 Porsche 911 Carrera S Cabriolet 6-Speed, 23k-Mile 2006 Porsche 911 Carrera S Cabriolet and 2009 Porsche 911 Carrera S Cabriolet 6-Speed (56,487 mi, hinge frame replaced) all had the same work. Photo-based doubts recur: C-man on 37k-Mile 2006 Porsche 911 Carrera S Cabriolet 6-Speed said 'in 131, it looks like the seal between the top and the window is compromised' and got only 'just untucked' back; iant17 on 30k-Mile 2007 Porsche 911 Carrera S Cabriolet 6-Speed flagged 'what could be tears or damage in the rear corners' and got a categorical denial.
Check: Cycle the top a minimum of five times, up and down, watching for stalls and listening for the pump loading. Inspect under the tonneau for hydraulic weeping. Look at the rear-corner seams and the rear window-to-fabric seal in bright light, and pressure-test for leaks with a hose.
caseyscars, a shop owner, on 2008 Porsche 911 Carrera S Cabriolet 6-Speed (95k mi, $35,900): 'Stress cracks in the coolant reservoir is almost a guarantee if it is still the original reservoir... If it does fail it will leave you stranded.' Cooling work appears on 2007 Porsche 911 Carrera S Cabriolet 6-Speed (coolant hoses and flush May 2026), 2006 Porsche 911 Carrera S Cabriolet 6-Speed ($40,750 — serpentine belt and water pump June 2024), 2006 Porsche 911 Carrera S Cabriolet 6-Speed ($49,100 — water pump, low-temp thermostat and a retrofitted Porsche centre radiator), and No Reserve: 2007 Porsche 911 Carrera S Cabriolet 6-Speed (water pump, oil separator, crankcase breather).
Check: Look for pink crust at the expansion tank seams and at the water-pump weep hole. Ask for the date/mileage of the last water pump and thermostat. On any car with front-end damage history, check the centre radiator and the drain paths for debris.
campodf on 2009 Porsche 911 Carrera S Cabriolet 6-Speed (145k mi) 'identified foam blowing out of vents in pic 106, noting this is typical 996/997 issue'. The seller of No Reserve: 36k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed disclosed 'a few foam flakes inside the car when we purchased it'. The 2008 Porsche 911 Carrera S Cabriolet 6-Speed at $39,000 admitted 'it will blow some small pieces of black foam at you occasionally'. 35k-Mile 2005 Porsche 911 Carrera S Cabriolet 6-Speed had the 'climate vents blown out' in March 2026 service, and 2007 Porsche 911 Carrera S Cabriolet (Tiptronic, $45,000) had 'AC foam repair on both air mix control doors completed'.
Check: Run the blower on full through every vent setting with a white cloth held at the outlets. It is cosmetic but the fix means dash work if the mix-flap foam has gone.
On 2006 Porsche 911 Carrera S Cabriolet 6-Speed (Forest Green, $72,000) mikeor said the car 'needs a driver and replacement climate controls that are easy to do and cheap'. 37k-Mile 2006 Porsche 911 Carrera S Cabriolet 6-Speed disclosed 'Black marker has been applied to the climate adjustment switches' — a hack fix. 45k-Mile 2006 Porsche 911 Carrera S Cabriolet 6-Speed, 23k-Mile 2006 Porsche 911 Carrera S Cabriolet, 41k-Mile 2007 Porsche 911 Carrera S Cabriolet 6-Speed and 2006 Porsche 911 Carrera S Cabriolet 6-Speed ($36,000) all list the same wear. The Tiptronic 2006 Porsche 911 Carrera S Cabriolet that went RNM at $36,750 disclosed 'damaged pixels in the central display'.
Check: Press every HVAC and console button; look for silvering, lettering loss or tackiness. Check the central display for dead pixel bands. Budget $200-$400 per mikeor and the 37k-Mile 2005 Porsche 911 Carrera S Cabriolet 6-Speed seller's estimate.
37k-Mile 2006 Porsche 911 Carrera S Cabriolet 6-Speed had 'rear window regulators replaced between November 2025 and June 2026'. 2006 Porsche 911 Carrera S Cabriolet ($52,911) had the rear-right regulator done January 2026; 2009 Porsche 911 Carrera S Cabriolet ($46,000) the left-rear in 2023; 2009 Porsche 911 Carrera S Cabriolet 6-Speed (56,487 mi) needed both, in Nov 2022 and Apr 2024; 32k-Mile 2009 Porsche 911 Carrera S Cabriolet had the right-rear regulator plus 'driver-side door-handle spring, lock lever, and lock cable' replaced.
Check: Cycle both rear quarter windows fully — they must drop and re-seal automatically with door operation on a cabriolet. Work both exterior door handles repeatedly.
linderpat on 45k-Mile 2006 Porsche 911 Carrera S Cabriolet 6-Speed: 'why not do the rear main seal when doing the clutch?' The seller conceded it wasn't leaking but 'acknowledged it would have made sense to do it while clutch was being done'. On 2008 Porsche 911 Carrera S Cabriolet 6-Speed (95k mi) an August 2025 inspection found 'fluid seepage where engine meets gearbox'; caseyscars offered the practical read that switching from 0W-40 to 5W-40 often stops it. Cars that did it properly — 30k-Mile 2007 Porsche 911 Carrera S Cabriolet 6-Speed and No Reserve: 2005 Porsche 911 Carrera S Cabriolet 6-Speed — both list RMS alongside the clutch.
Check: Inspect the bellhousing seam with the car on a lift. If the clutch was done recently, confirm from the invoice whether the RMS was replaced at the same time — if it wasn't, assume you are paying for the labour twice.
40k-Mile 2008 Porsche 911 Carrera S Cabriolet had Pirellis with '2015 and 2016' codes. 2007 Porsche 911 Carrera S Cabriolet 6-Speed ($55,500) wore Bridgestones dated 2011 and 2012 — the seller told Jessannjoh to replace them before a long trip. On Single-Family-Owned 2008 Porsche 911 Carrera S Cabriolet 6-Speed, ScottP1960 found 'At least one of the tires is an original from 2008 (code 1108). Two of them look to be manufactured in 2017'. On 34k-Mile 2009 Porsche 911 Carrera S Cabriolet 6-Speed the codes were 2318/1418/1418/1521 — four different ages. 2007 Porsche 911 Carrera S Cabriolet (Tiptronic) had front tyres 'date back to 2013'.
Check: Read all four DOT codes yourself. Anything over six years old is a $1,500-2,000 immediate cost and, more importantly, evidence the 'low mileage' car has been sitting.
Glenn930 on 32k-Mile 2009 Porsche 911 Carrera S Cabriolet: 'Porsche recommends it should be done every several years regardless of the mileage' — the seller answered MGB6 flatly, 'No, it hasn't been serviced', and the car went RNM at $52,000. On 2009 Porsche 911 Carrera S Cabriolet (RNM $72,997) Skim87 asked directly and the seller could not confirm PDK service had ever been performed. On 2009 Porsche 911 Carrera S Cabriolet (RNM $35,750) the seller claimed it was in a 2024 'major service' but 'has no invoice'.
Check: Demand the PDK service invoice, not a Carfax 'major service' line. Budget roughly $600 per the 2009 Porsche 911 Carrera S Cabriolet seller's own quote if there's no proof.
On 2008 Porsche 911 Carrera S Cabriolet 6-Speed ($39,000) the seller confirmed to bmwtmw the spoiler had been 'inoperable since purchase in September 2022' and he never had it serviced. 2005 Porsche 911 Carrera S Cabriolet 6-Speed ($31,247) needed a rear spoiler motor in 2024 — and the DME was then replaced 'due to corroded pins following rear spoiler motor work'. Cegoforth on 38k-Mile 2006 Porsche 911 Carrera S Cabriolet 6-Speed: 'I see the dash has airbag light on during the interior video' — never answered, and the car still made $52,000. RWB-Style 2009 Porsche 911 Carrera S Cabriolet had an unresolved airbag light blamed on aftermarket Recaros.
Check: Deploy the spoiler at the button and at speed. Confirm no airbag light at key-on self-test — on a cabriolet this can implicate rollover sensors or seat occupancy wiring, not just a bulb.
911outlaw_ on 2006 Porsche 911 Carrera S Cabriolet 6-Speed ($40,750, 70k mi): 'PCCB replacement is costly & becomes burden to value on high mileage entry level cars... My guess is very soon you'll see steel under those pretty yellow calipers.' He also challenged the seller's '35mm of life' claim as a lip-to-lip factory dimension rather than friction-surface wear, and the seller never produced the wear-indicator readings despite being asked three times.
Check: Get actual rotor weight/wear measurements from a Porsche dealer, not a tape measure across the lip. If the rotors are near limit, deduct the steel-conversion or replacement cost from your bid outright.
Driver-grade: $33,000–$42,000. That buys a 997.1 manual with 60k–110k miles, or a Tiptronic/PDK with average miles, typically with a Carfax damage entry, aged tyres, undocumented engine internals and a service catch-up list. 2006 Porsche 911 Carrera S Cabriolet 6-Speed at $40,750 (70k mi, PCCB of unknown life) and 2008 Porsche 911 Carrera S Cabriolet 6-Speed at $39,000 (spoiler inoperative, 2018 front-corner hit) are the archetypes. Budget $5,000–8,000 immediately for tyres, cooling, fluids and the deferred items, and only buy at this level after a borescope.
Strong: $47,000–$58,000. The heart of the market — a 30k–60k-mile 997.1 manual with real records, clean Carfax and no excuses, or a 997.2 with 50k–90k miles. 38k-Mile 2006 Porsche 911 Carrera S Cabriolet 6-Speed at $52,000, 2007 Porsche 911 Carrera S Cabriolet 6-Speed (Cobalt Blue) at $55,500, 30k-Mile 2007 Porsche 911 Carrera S Cabriolet 6-Speed at $54,000 and 2006 Porsche 911 Carrera S Cabriolet 6-Speed (Cobalt Blue, bore-scoped) at $57,500 all sit here. Expect the 75th percentile of $56,781 to be your ceiling unless the car has something special.
Best-in-class: $60,000–$75,000. Sub-40k miles, manual, unusual colour over beige or cocoa, complete records, and documented borescope/DME. No Reserve: 36k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed at $74,000, 42k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed at $69,778, 45k-Mile 2006 Porsche 911 Carrera S Cabriolet 6-Speed at $61,750 and 37k-Mile 2008 Porsche 911 Carrera S Cabriolet 6-Speed (GT Silver over Carrera Red) at $61,000. Above roughly $75,000 the auction market stops following: 10k-Mile 2009 Porsche 911 Carrera S Cabriolet 6-Speed and 2009 Porsche 911 Carrera S Cabriolet (PDK, carbon buckets) both failed at $75,000 and $72,997.
Tiptronic and PDK: subtract. Tiptronic median $44,500, and even a 23,000-mile example (23k-Mile 2006 Porsche 911 Carrera S Cabriolet) only reached $44,500. A good automatic car is a $40,000–$46,000 proposition; 997.2 PDK cars with low miles are the exception at $53,000–$64,500.

87,000 miles, PDK, a December 2015 Carfax accident, a colour change from Basalt Black to Carrara White, an unresolved airbag light and a commenter's note about 'rear axles needing replacement' — and it still made roughly double the money of an unmodified equivalent. The premium is for the widebody tribute build, Recaro Pole Positions and SEMA/Rennsport exposure, not the car. Justification's comment — 'Doing this to a PDK cabriolet that's been in an accident is no big loss' — tells you the base car was worth the low $40ks.

The high-water mark for a standard car, at +55% over the $47,750 median. The recipe: no reserve, Malachite Green over sand beige, 36k miles, a manual, and — critically — a compression test and clean bore scope in the gallery plus an independent in-person test drive by commenter JSARGEN ('There were no surprises'). A disclosed repainted right front fender with primer overspray on the strut tower didn't stop it.

$72,000 for a 52k-mile 2006 — about $20k over what black-on-black cars with similar miles bring. Forest Green Metallic over sand beige with a full leather dash and door cards, adaptive sport seats, a $101,910 window sticker, two owners. It achieved this despite a hood respray only revealed under questioning, a 2019 Carfax damage entry the seller initially denied, a six-year gap in records, and a refused borescope. Colour and presentation beat documentation here.

$69,778 with, by the seller's own admission, zero physical service records and no brake or rotor measurements. The bidding was two dealers trading increments (foreignaffairsmotorsport told the seller 'you're going to have to try a little harder this is still Manheim pricing'), so treat this as a trade-floor result rather than a retail comparable.

The floor of the recent market and a useful map of what destroys value: 106k miles, oil consumption of a quarter-quart per 600 miles, a check-engine light that appeared mid-auction, a DME replaced for corroded pins, no borescope, and a lien on the title. wdgreene's published maths — 40% chance of engine problems, $22k rebuild, $20-30k of catch-up work — is roughly what the $31,247 price implies.

80k miles, black-on-black, six previous owners, sold on BaT in May 2025 and back on offer by January 2026 with a refused borescope and one key. A recent clutch wasn't enough. This is the discount for an opaque history on a car whose engine risk cannot be dismissed.

A 997.2 Carrera S cab for $46,000 — bill930p called it 'WAY lite on a 997.2'. Two Carfax damage entries (an unexplained 'moderate' in 2014, 'minor' in 2019), a repainted rear bumper cover, 106k miles and no bore inspection. It quantifies the title-blemish discount at roughly $10-15k on an otherwise sound 997.2.

Reserve not met at $56,000 for an 11,000-mile single-owner manual, then reportedly sold off-auction for $82,500 all-in. The BaT room would not pay a museum premium without a borescope — Maddmike spelled out why ('a $40k+ engine out repair') and the seller never did one. A caution that headline off-market prices on ultra-low-mile cars are not the auction market.
This is the cheapest way into a hydraulically-steered, naturally-aspirated 911 convertible, and the market has been flat enough for five years that you are buying a car, not a position. Buy a manual — the data and every comment thread agree the automatic costs you 10-15% on exit and a chunk of the bidder pool. If you want the lowest-anxiety version, pay up for a 2009+ 997.2 manual at $53,000–$65,000: the MA1 engine retires the IMS and bore-scoring arguments entirely, and you only owe the PDK/clutch and top hydraulics diligence. If you want the analog 997.1 S at $45,000–$58,000, treat the borescope as the price of admission and walk from any seller who won't do one — the FredSpreen episode on 30k-Mile 2007 Porsche 911 Carrera S Cabriolet 6-Speed shows exactly what refusal conceals. The sweet spot on value is a 50k–70k-mile manual in an interesting colour with genuine records and fresh clutch/top work in the low $50ks; the worst value is a 20k-mile Tiptronic garage queen with old tyres, a proud seller and no engine documentation.
These are patterns, not findings. A public auction record cannot show intent, and everything below has ordinary explanations — specialists and dealers bid on many cars of one model, enthusiasts run up cars they end up losing, and new accounts are usually just new. Read them as places to look closely, not as accusations.
Common for a dealer or marque specialist who follows one seller's inventory. It is also the shape worth checking, so here are the listings:
watch Underbidder placed much of the ladder — ZL1 placed 8 of 23 bids (35%) and did not win. Enthusiastic losing bidders are common; a very high share is still worth reading the thread for.
watch Underbidder placed much of the ladder — foreignaffairsmotorsport placed 11 of 26 bids (42%) and did not win. Enthusiastic losing bidders are common; a very high share is still worth reading the thread for.
notice Price set by two accounts trading bids — 75% of the ladder is the same two accounts alternating. This is what a genuine duel looks like too — it only matters alongside another signal.
notice Price set by two accounts trading bids — 74% of the ladder is the same two accounts alternating. This is what a genuine duel looks like too — it only matters alongside another signal.
notice Price set by two accounts trading bids — 77% of the ladder is the same two accounts alternating. This is what a genuine duel looks like too — it only matters alongside another signal.
notice Price set by two accounts trading bids — 65% of the ladder is the same two accounts alternating. This is what a genuine duel looks like too — it only matters alongside another signal.
watch Underbidder placed much of the ladder — AutoDreamRides placed 8 of 24 bids (33%) and did not win. Enthusiastic losing bidders are common; a very high share is still worth reading the thread for.
notice Price set by two accounts trading bids — 68% of the ladder is the same two accounts alternating. This is what a genuine duel looks like too — it only matters alongside another signal.
watch Underbidder placed much of the ladder — Wilanjd placed 12 of 31 bids (39%) and did not win. Enthusiastic losing bidders are common; a very high share is still worth reading the thread for.
notice Price set by two accounts trading bids — 62% of the ladder is the same two accounts alternating. This is what a genuine duel looks like too — it only matters alongside another signal.



























































