Cabriolet versus Targa versus Coupe values

[2cam]

So, let's say that you have equivalent 3.2 or SC 911s (condition, colors, mileage, options, etc). One of them is a Targa, one is a Cab, and the other is a Coupe.

What % value differential would you expect to pay for a Coupe over an equivalent Targa or Cab? 5%, 10%, 20%?

Sorry if this is a dumb question, but a few recent comments within various posts has sent my brain down this path...

Thanks!

2cam

[GregoryF]

Acc to Sports Car Market's latest Pocket Price Guide they do not show any difference in value between coupes , targas or cabs with respect to SC's or 3.2's. It is interesting to note that they show higher values for SC's vs 3.2's and a higher investment grade potential of B vs C for the 3.2's.

[COLB]

There are too many variables on the individual cars to make a certain estimate, but general consensus is that coupes currently command a 5-10% premium on cabriolets, and cabs maybe 5% on Targas. But a superb Targa is going to be much more expensive than a good coupe.

Condition, mileage, and history trump body style.

There are a lot of people who actually prefer Targas, while some wouldn't touch one. Is it the best of both worlds, or the worst?

There are several threads on this down the page. My guess is that the racing heritage of the 911 and its common use as a track car has placed a market premium on coupes. Apart from desirability, the production numbers of the different types are roughly equal, and it is probable that more of the coupes have been raced/wrecked and generally molested than Targas and Cabs, so there are probably more "better" cars available in drop top versions.

History says this will invert as the cars age, they get raced/tracked less, and prices rise. Across all marques, the number of models where coupes trump convertibles in value is extremely small: split window vettes and gulling 300SLs are the notable exceptions.

[whiterabbit]

Originally Posted by GregoryF

Acc to Sports Car Market's latest Pocket Price Guide they do not show any difference in value between coupes , targas or cabs with respect to SC's or 3.2's. It is interesting to note that they show higher values for SC's vs 3.2's and a higher investment grade potential of B vs C for the 3.2's.

Yet 30 minutes ago I was reading this months Sports Car Market where they discuss the recent sale of a white SC for 36k. In the sidebar they say impact bumper cars are now beginning to interest serious collectors and list the 3.2's as a better investment than SC's. Gotta love these so called expert magazines who contradict themselves in their own magazine

As to the OP I think right now couple and cab are equal with a targa maybe 10% less.

[GregoryF]

@whiterabbit,

Yeah, I hear you. I really like SCM, but from time to time I see similar contradictions.

[GothingNC]

This one is a recent sale and will be on it's way to Germany.

Sold for a little over $21K

Porsche_911_Targa_1983_Red

[GregoryF]

@GothingNC

Can you tell me the mileage of the red Targa as well as whether or not the paint and interior was original? Looks like the seats had been redone at some point. Also, looks to be a nice Euro version from the pic's.

[GothingNC]

It has 92,000 miles on it, I do not know if it was repainted or had the seats redone.

[rw229]

Car history in general says that cabs will eventually be worth more than coupes, though we've yet to see how that will apply to the 911's iconic profile. I'm a Targa fan, but I'm guessing their values will fall somewhere below the coupe and cab.

Here is the eBay listing...

Porsche 911 SC Targa 2 Door | eBay

It has a Euro rear bumper but is a US VIN car and the seats have been recovered.

[SilberUrS6]

I think the iconic shape of the 911 means that any cars that deviate from that shape reduces the cars' values.

Both the Targa and the cab deviate in shape. Which is why neither car will ever match the coupes' values. As the number of cars get fewer and fewer, the differential will close.

[GothingNC]

It depends on the model.

Per Hagerty the values of the 69 T & E Targas are trending higher then the coupes.

1969 Porsche 911 | Hagerty

I looked at the other years and the Targa's seem to be a little higher than the Coupe or Vert.

[daiberl]

If you check Hagerty for the 1983 SC you will also see that the Cabriolet is higher priced as the Coupe and the Targa from what I can see. I also think that in the long run the Cabriolet will become more valuable than the Coupe and the Targa since more people buy them to enjoy them on nice days and the Cabriolet seems then to be the better choice, something you can see with most classic cars.