
Chassis 992.1
Porsche 911 Targa 4S
2020 to 2024 · Targa
A 2020 Porsche 911 Targa 4S cost $135,200 new. Over the past 12 months, 18 have sold publicly at a median of $180,250. The Shifty Estimate for a well-kept example is $182,600. Across the sales we have on file, prices ran from $113,925 to $230,000, depending on mileage, color, and history.
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- Median · 12 mo
- $180,250
- Sales · 12 mo
- 18
- For sale now
- 59
- Original MSRP
- $135,200Up 35% since new
Collectible

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Sold $185,000

Sold $212,800

Sold $165,000

Sold $197,000

Sold $205,000
Every 992.1
| Targa 4S2020 to 2024 | Targa 4 GTS2022 to 2024 | Targa 42021 to 2024 | Carrera T2023 to 2024 | Carrera 4 GTS2022 to 2024 | Carrera 4 GTS Cabriolet2022 to 2024 | Carrera GTS2022 to 2024 | Carrera GTS Cabriolet2022 to 2024 | Carrera2020 to 2024 | Carrera 42020 to 2024 | Carrera 4 Cabriolet2020 to 2024 | Carrera 4S2020 to 2024 | Carrera 4S Cabriolet2020 to 2024 | Carrera Cabriolet2020 to 2024 | Carrera S2020 to 2024 | Carrera S Cabriolet2020 to 2024 | Turbo2021 to 2025 | Turbo Cabriolet2021 to 2025 | Turbo S Cabriolet2021 to 2025 | Turbo S Cabriolet Brabus 8202021 to 2025 | Turbo S2020 to 2025 | GT3 RS2023 to 2025 | GT3 Touring2022 to 2024 | GT32021 to 2024 | S/T2024 | Dakar2023 to 2024 | Sport Classic2023 | GT3 Cup2021 to 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shifty Estimate | $182,600 | $196,700 | $149,900Low confidence | $122,500 | $166,000Low confidence | $149,000Low confidence | $163,800 | $205,800 | $106,000 | $112,700Low confidence | $126,000Low confidence | $129,300 | $134,300 | $117,400 | $138,500 | $131,300 | $322,400 | $222,000Low confidence | $281,600 | $429,000Low confidence | $236,200 | $426,100 | $254,500 | $294,700 | $626,600 | $368,900 | $617,800 | $132,500Low confidence |
| Sold median | $180,25018 sales | $203,07212 sales | Too few sales to call2 sales | $131,50020 sales | $196,0003 sales | Too few sales to call2 sales | $168,0008 sales | $196,0007 sales | $108,5008 sales | Too few sales to call1 sale | Too few sales to call1 sale | $133,00011 sales | $128,2504 sales | $114,6009 sales | $135,50021 sales | $115,0004 sales | $347,0009 sales | Too few sales to call2 sales | $263,75010 sales | No sale | $241,25040 sales | $419,50032 sales | $272,00041 sales | $258,50020 sales | $625,0008 sales | $368,50011 sales | $563,83314 sales | Too few sales to call2 sales |
| 12-month move | Up 2.2% | Up 1.4% | Too few sales to call | Down 1.7% | Too few sales to call | Too few sales to call | Up 4.0% | Too few sales to call | Up 9.1% | Too few sales to call | Too few sales to call | Down 0.9% | Too few sales to call | Too few sales to call | Up 7.5% | Too few sales to call | Too few sales to call | Too few sales to call | Up 10.8% | Too few sales to call | Up 3.9% | Up 1.2% | Down 2.0% | Up 4.9% | Down 4.3% | Up 16.6% | Too few sales to call | Too few sales to call |
| For sale | 59 | 38 | 8 | 47 | 190 | 2 | 63 | None | 134 | 158 | 1 | 128 | 1 | 4 | 155 | None | 326 | None | 2 | None | 113 | 122 | 134 | 78 | 13 | 32 | 11 | 1 |
Specifications
- Engine
- Twin-Turbo Flat-6, 3.0L
- Power
- 443 hp
- Torque
- 390 lb-ft
- 0 to 60
- 3.6 s
- Top speed
- 188 mph
- Transmission
- Dual-Clutch (PDK / DCT / DSG)
- Drivetrain
- AWD
- Curb weight
- 3,571 lb
- Original MSRP
- $135,200
- Designer
- Michael Mauer
Common questions
How much does a Porsche 911 Targa 4S cost?
A 2020 Porsche 911 Targa 4S cost $135,200 new. Over the past 12 months, 18 have sold publicly at a median of $180,250. The Shifty Estimate for a well-kept example is $182,600. Across the sales we have on file, prices ran from $113,925 to $230,000, depending on mileage, color, and history.
What is a 2020 Porsche 911 Targa 4S worth today?
The Shifty Estimate is $182,600, up 2.2% over the past 12 months. Confidence is high: 18 public sales in a year gives a firm read.
Is a Porsche 911 Targa 4S a good investment?
It has appreciated 35% against its $135,200 list price. Values are up 2.2% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $113,925 to $230,000, and mileage explains most of that.
How many Porsche 911 Targa 4S have sold?
Shifty has 35 public sales of the Porsche 911 Targa 4S on file. The earliest was on Aug 14, 2023.
What is the most expensive Porsche 911 Targa 4S sold?
The highest public sale on file is $230,000, on Aug 3, 2025, with 12 mi.
What has a Porsche 911 Targa 4S sold for at auction?
The 3 most recent public sales we have on file:
- $158,000Sep 25, 2026Chalk · 26,000 mi
- $216,000Sep 7, 2026Carmine Red · 2,000 mi
- $185,000Sep 4, 2026GT Silver Metallic · 6,000 mi
How many Porsche 911 Targa 4S are for sale right now?
Shifty tracks 59 listings of the Porsche 911 Targa 4S for sale right now.
About the 2020 Porsche 911 Targa 4S
The 992 Targa 4S elevates the distinctive Targa concept with serious performance credentials, pairing the iconic removable roof panel design with 443 horsepower from its twin-turbo flat-six. This represents the sweet spot in the Targa lineup, offering significantly more power than the base Targa 4 while remaining more accessible than GT models. The sophisticated all-wheel-drive system ensures that power delivery remains manageable in all conditions, while the PDK transmission provides lightning-quick shifts that complement the engine's broad torque curve. The Targa's unique structural requirements, accommodating the removable roof panel while maintaining rigidity, showcase Porsche's engineering prowess. At $135,200, it commands a premium over the standard Carrera 4S, reflecting both the complexity of the Targa mechanism and its relative rarity. For collectors drawn to the Targa's distinctive styling and open-air versatility, the 4S offers compelling performance to match its visual drama.
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