Porsche 911 (992) S/T

The Porsche 911 992 S/T is trading at a median of $638,300 in the US market, down 9.5% over the past 12 months—a pullback that signals capitulation after strong initial demand. With zero active listings and only four tracked sales in the past year, the model has likely bottomed out as early adopters have exited and the market absorbs supply.

Production of the S/T was capped at 1,963 units globally, positioning it squarely in the highly collectible tier with meaningful scarcity credentials. The model's moderate desirability reflects its positioning as a track-focused variant rather than a headline collector's piece, though the numerical rarity alone supports long-term appreciation potential.

The handful of cars reaching auction have averaged just under 2,000 miles, which is typical for recently delivered examples that owners are still evaluating for shelf placement or occasional use. This low mileage profile is consistent with the behavior of acquisition-driven buyers during the initial distribution phase.

Liquidity remains thin with only five total transactions tracked across all channels, making this a market where both buyers and sellers face friction. That scarcity of comparable sales limits negotiating room and creates uncertainty in pricing, though it also suggests limited supply coming to market in the near term.

Base projections point to $710,465 within three years and $735,434 within five years, representing 11.3% and 15.2% appreciation respectively. Recovery hinges on the S/T establishing itself as a keeper car within the Porsche collectible hierarchy rather than remaining a speculative flip vehicle for the first five to ten years of circulation.