Porsche 911 (996) Carrera

The 996-generation Porsche 911 Carrera is trading at a median of £19,625 in the UK market, up 13.7% over the past 12 months. This steady appreciation sits firmly in appreciating territory, though the signal remains HOLD, suggesting consolidation rather than urgent momentum.

The 996 occupies a stable modern-classic classification with modest demand characteristics. Production ran to 175,262 units across the generation, which positions it as accessible to buyers seeking early-2000s 911 authenticity without the scarcity premium of earlier air-cooled variants. Desirability remains high relative to its collectibility score, a hallmark of the transition-generation appeal it commands.

Transaction data covers 26 sales in the trailing 12 months from a total tracked sample of 93, reflecting moderate liquidity. Average mileage sits at 27,762 miles—notably conservative for a model now approaching two decades old—suggesting many examples have been stored or lightly used, typical of owner sentiment toward the 996 as a modern classic rather than daily driver.

The market projects appreciation to £26,145 within three years (33.2% gain) and £28,723 by five years (46.4% total). This trajectory reflects gradual normalization as the 996 ages out of contemporary vehicle status and locks into its role as an entry-level modern classic. Current ask-side tightness—only two active listings in the broader dataset—hints at underlying stock constraints, though moderate liquidity classification suggests buyers will encounter reasonable choice at any given moment.