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Cars / Porsche / 911 Targa 4SLive
2021 Porsche 911 Targa 4S

✦ Shifty Estimate

$203,000

Medium confidence$173K to $233K
12 months median
$204K
Sales, 12 months
2
For sale now
2
Original MSRP
$135,200 · ▲ 50% since

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Chassis 992.1

2021 Porsche 911 Targa 4S

2021 onward · Targa

Price history

$160k$180k$200k$220kAug 2023202420252026✦ SHIFTY ESTIMATE TODAY $203k
Sold Bid, not sold
11 sales · 7 unsoldmedian $204kupdated Jul 2026

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, 2 have sold publicly at a median of $203,500. The Shifty Estimate for a well-kept example is $203,000. Cars have changed hands anywhere from $172,550 to $233,450, depending on mileage, color, and history.

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

The Shifty Estimate is $203,000. We rate confidence medium: 2 public sales in a year is a thin market, and the spread between them is wide.

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

The 3 most recent public sales we have on file:

  • $204,000Jul 24, 2026White · 237 mi
  • $203,000Jun 11, 2026Chalk · 123 mi
  • $178,614Jul 18, 2025Chalk · 13,900 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.