2004 Ford GT$522Kest $590K▲ 13.1%2001 Lamborghini Murciélago 6.2 (early)$373Kest $406K▲ 18.5%2019 McLaren 720S Spider$263Kest $249K▼ 3.4%2005 Ferrari F430 Spider$191Kest $218K▲ 33.1%2013 Aston Martin Vanquish Volante$173Kest $166K▼ 8.9%2006 Porsche 997.1 Turbo$118Kest $122K▲ 14.6%2017 Ford GT$892Kest $940K▲ 1.4%2022 Porsche 992.1 GT3 Touring$276Kest $287K▼ 1.3%2023 Aston Martin Vantage V12$262Kest $258K▼ 7.3%2003 Lamborghini Gallardo 5.0$118Kest $123K▲ 12.4%2012 McLaren MP4-12C Spider$109Kest $110K▲ 18.8%2000 Ferrari 360 Spider$101Kest $107K▲ 9.2%2006 Ford GT Heritage Edition$768Kest $800K▲ 4.3%1995 Porsche 993 Turbo$263Kest $287K▲ 20.1%1965 Aston Martin DB6 Vantage$215Kest $220K▲ 14.3%1984 Ferrari Testarossa$175Kest $201K▲ 23.2%2006 Lamborghini Gallardo Spyder 5.0$156Kest $147K▲ 51.2%2011 McLaren MP4-12C Coupe$95Kest $98K▲ 17.5%2020 Porsche 992.1 Turbo S$239Kest $256K▲ 1.7%1953 Aston Martin DB2/4 Drophead Coupe$179Kest $188K▼ 38.6%2014 McLaren 650S Spider$132Kest $137K▲ 8.1%1999 Ferrari 360 Modena$108Kest $124K▲ 12.5%1996 Ferrari 550 Maranello$228Kest $242K▲ 39.7%2017 McLaren 720S Coupe$228Kest $196K▲ 12.8%1997 Porsche 993 Carrera S$190Kest $197K▲ 9.8%2019 McLaren GT Coupe$152Kest $144K▼ 10.2%1985 Ferrari 328 GTS$122Kest $124K▲ 26.2%1989 Porsche 964 Carrera 4$96Kest $109K▲ 9.2%2011 Ferrari 458 Spider$268Kest $360K▲ 12.2%1990 Porsche 964 Carrera 2$120Kest $128K▲ 9.1%
Cars / Porsche / 911 Targa 4SLive
2021 Porsche 911 Targa 4S

✦ Shifty Estimate

$200,300

▲ 12.7% · 12 mo
High confidence$144K to $230K
12 months median
$176K
Sales, 12 months
15
For sale now
3
Original MSRP
$135,200 · ▲ 48% since

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Chassis 992.1

2021 Porsche 911 Targa 4S

2021 onward · Targa

Price history

$125k$150k$175k$200k$225kAug 2023202420252026✦ SHIFTY ESTIMATE TODAY $200k
Sold Bid, not sold
27 sales · 10 unsoldmedian $176kupdated Aug 2026

Recent sales

27 sales

For sale now

3 listings
  • 2026 · Chalk · 20 mi · Porsche Long Beach$229,025
  • 2026 · Vanadium Gray Metallic · 28 mi · Porsche Monterey$222,050
  • 2024 · Ice Grey Metallic · 3,622 mi · Autobahn Porsche$199,900

Specifications

Engine
Twin-Turbo Flat-6, 3.0L
Power
443 hp
Torque
390 lb-ft
0 to 60
3.6s
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 2021 Porsche 911 Targa 4S cost $135,200 new. Over the past 12 months, 15 have sold publicly at a median of $175,500. The Shifty Estimate for a well-kept example is $200,300. Cars have changed hands anywhere from $144,341 to $230,345, depending on mileage, color, and history.

What is a 2021 Porsche 911 Targa 4S worth today?

The Shifty Estimate is $200,300, up 12.7% over the past 12 months. Confidence is high: 15 public sales in a year gives a firm read.

Is a Porsche 911 Targa 4S a good investment?

It has appreciated 48% against its $135,200 list price. Values are up 12.7% 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.

What has a Porsche 911 Targa 4S sold for at auction?

The 3 most recent public sales we have on file:

  • $212,800Aug 15, 2026Paint-to-sample Oslo Blue
  • $204,000Jul 24, 2026White · 237 mi
  • $165,000Jul 5, 2026Chalk · 9,000 mi

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.

More Porsche in the market

1948 Porsche 356 Coupe$205K1987 Porsche 930 Turbo Targa$202K1955 Porsche 356 Cabriolet$200K1978 Porsche 930 Turbo 3.3$199K1997 Porsche 993 Carrera S$197K1960 Porsche 356 Roadster$196K