Porsche 911 Targas Have Mixed Sales Results This Week
This was a week of Porsche 911 Targas for sale as Bring a Trailer featured four distinct Porsche Targas for sale including an early 70’s Porsche Targa, a 911SC Targa, a Carrera Targa and a 993 Targa. The only air-cooled Porsche Targa missing was a 964.
Of the four that went to auction, two sold and two failed to meet reserve. The best performer was the 1986 Carrera Targa featured in a strong color combination of Garnet Red over Biege in immaculate condition. It sold for a premium achieving a Coupe price for a Targa.The classic Grand Prix white 993 Targa with a great presentation also had a good sale selling at a premium to its median pricing.
Porsche first introduced the Targa body style in response to increased safety requirements in the American market. The Targa name came from the famous road race, the Targa Florio, where Porsche had many successes. For open top Porsche driving, the Targa roof was the only option for early 911’s and became part of the Porsche unique offering.
The Targa top offers the best of both worlds from a coupe and a cabriolet: the open air driving with a solid roof structure. The Porsche market however values the coupe
As noted by median prices achieved at auction the Targa models similar to their Cabriolet counterparts sell for less than the coupe versions. It is most noticeable in the later model G-bodies and 993 where the Targa takes a 24% price hit versus the coupe.
Median Prices of the Targas sold versus their Coupe Counterparts