992SM2 : PORSCHE 911 TARGA 4 GTS Price in Japan Auction Houses

Based on 7 real Japanese auction results for model/chassis code 992SM2, updated live every time this page loads.

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Porsche 911 Targa 4 GTS (992SM2) – Specifications & Buyer's Guide

Introduction

The Porsche 911 Targa 4 GTS (992SM2) is a high-end Japanese-market example of the modern 911 Targa line, combining open-top motoring with a performance-focused GTS specification. This guide is written for international buyers interested in importing a 2025–2026 JDM example. It summarises the verified listing data available for the 992SM2, explains what to check in a used purchase, and offers buying and import advice specific to rare, premium Porsche models.

Porsche 911 Targa 4 GTS (992SM2) Overview

The model code 992SM2 identifies this car as part of the 992-generation 911 family and the Targa-bodied GTS variant offered on the Japanese market during 2025–2026. The "Targa" name denotes Porsche’s semi-open roof concept with a distinctive rollover frame and a power-operated roof section on modern 911 Targas. The "4" in the model name signals all-wheel-drive configuration in Porsche nomenclature, while "GTS" indicates a performance-focused trim positioned between standard Carrera models and the track-oriented GT variants. Exact technical specifications for this specific model code—such as engine displacement, power and official fuel economy—were not provided in the supplied data and are noted as unavailable below.

Porsche 911 Targa 4 GTS (992SM2) Specifications

Specification Verified value / Notes
Manufacturer & Model Porsche 911 Targa 4 GTS
Variant / Grade Targa 4 GTS
Model / Chassis code 992SM2
Production years (Japanese market) 2025–2026
Sample size in supplied data 7 units
Average listed price (JPY) ¥256,750,000 (average from supplied sample)
Minimum listed price (JPY) ¥228,000,000
Maximum listed price (JPY) ¥270,200,000
Depreciation (sample) 4.8% (supplied figure)
Market trend (supplied) -10.8% (falling)
Common auction/bid regions Nagoya & Hokuriku, Osaka, Tokyo
Engine type & displacement Unavailable (not provided)
Horsepower / Torque Unavailable
Transmission Unavailable
Drivetrain All-wheel drive indicated by "4" in model name
Fuel type Unavailable
Fuel economy (JC08 / WLTC) Unavailable
Dimensions (L×W×H) Unavailable
Wheelbase Unavailable
Curb weight Unavailable
Seating capacity Unavailable
Fuel tank capacity Unavailable
Factory wheel & tyre sizes Unavailable
Safety & convenience features Unavailable (not provided)

Notes: The table above lists all verified data provided for the 992SM2. Where the supplied information did not include specific technical specifications, the field is marked as unavailable.

Engine and Performance

Verified engine and performance figures for the Porsche 911 Targa 4 GTS (992SM2) were not included in the supplied dataset. The model name implies an all-wheel-drive Targa in GTS trim, which for Porsche typically means a performance-focused setup relative to base Carrera models. For exact engine displacement, horsepower, torque, and transmission options (for example PDK dual-clutch or manual availability), always check the individual vehicle listing or factory documentation before purchase.

When assessing performance in person or via detailed listings, pay attention to the service history for items that influence driving character: intake and turbo condition (if applicable), transmission service records, braking components, and suspension maintenance.

Exterior Design and Dimensions

The Targa body style is a defining visual and functional element of this model code. Modern 911 Targas retain the classic Targa rollover hoop and a motorised roof section that stows and deploys behind the rear seats, often combined with a wraparound rear glass. This provides a distinctive roofline compared with coupe or cabriolet 911s and offers a unique blend of open-air experience with coupe-like rear screening.

Specific exterior dimensions, wheel sizes and ride height for the 992SM2 were not provided. When inspecting a vehicle, confirm factory wheel and tyre dimensions, check for correct panel fitment and finish (common issues on returned auction cars), and verify the condition and operation of the Targa roof mechanism—repairs can be costly if hydraulic or electrical issues are present.

Interior, Comfort and Technology

Detailed interior equipment lists for the 992SM2 were not available in the provided information. GTS-level 911s typically emphasize sport-oriented seats, upgraded trim, and richer standard equipment compared to base models, but individual fitment can vary by market and optional packages.

For buyers: confirm the presence and operation of key items such as infotainment/navigation, climate control, driver assistance systems, seat functions, and the condition of high-wear surfaces (steering wheel rim, seat bolsters). Also check for any non-factory alterations that may affect import eligibility in your destination country.

Fuel Economy and Everyday Practicality

Official Japanese-market fuel economy figures (JC08 or WLTC) for the 992SM2 were not supplied. As a high-performance 911 GTS, real-world fuel consumption will typically be higher than standard 911 models, especially under spirited driving. If everyday practicality is a priority, verify fuel tank capacity and expected range from the seller, and inspect storage and cargo space to ensure the car meets your needs.

Is the Porsche 911 Targa 4 GTS (992SM2) a Good Used Car to Buy?

Strengths:

  • Unique combination of open-top Targa styling and GTS-level performance appeal to buyers wanting both style and capability.
  • Limited availability on the used market can make these models sought-after among collectors and enthusiasts.

Limitations:

  • Premium purchase prices and potentially higher running and maintenance costs compared with non-GTS 911s.
  • Repairs related to the Targa roof mechanism or specialised Porsche systems can be expensive.

Practical checks before buying:

  • Full service history from Porsche dealers or reputable specialists.
  • Confirm operation of Targa roof and any convertible system diagnostics.
  • Verify engine and transmission service records, including recent oil and timing-related maintenance as applicable.
  • Inspect underside, suspension, brakes and tyres for wear and signs of track use.
  • Ensure odometer, VIN and paperwork match and that any modifications are documented.

Frequently Asked Questions

  • What engine does this model use?

    • Specific engine details for the 992SM2 were not provided in the supplied data. Check the individual listing or factory documentation for exact engine type and displacement.
  • How much horsepower does it produce?

    • Horsepower for this exact model code is unavailable in the supplied information. Verify the official figures on the vehicle certificate or seller’s specification sheet.
  • Is this model rear-wheel drive or all-wheel drive?

    • The "4" in Targa 4 GTS indicates an all-wheel-drive configuration.
  • What transmission is fitted?

    • Transmission details were not provided. Many modern 911s offer Porsche’s PDK dual-clutch automatic and (optionally) manual gearboxes—confirm with the seller.
  • How fuel-efficient is it?

    • Official fuel economy figures (JC08 or WLTC) for the 992SM2 were not included in the dataset. Expect fuel consumption to be higher than non-GTS variants under performance driving.
  • Is this vehicle suitable for daily driving?

    • A Targa GTS can be used daily, offering a balance of comfort and performance, but running costs and service requirements should be considered.
  • What should buyers check before importing one from Japan?

    • Verify full service history, confirm roof mechanism condition, check for accident or structural repairs, ensure the VIN and paperwork are correct, and factor in import duties, emissions/regulatory compliance, and right/left-hand drive considerations for your destination.

Final Verdict

The Porsche 911 Targa 4 GTS (992SM2) represents a desirable combination of distinctive Targa styling and GTS-level performance for buyers seeking a premium, characterful 911. The supplied Japanese-market dataset shows limited availability (sample size 7) and high asking prices in 2025–2026 listings, so expect strong purchase premiums and a need for careful inspection. For enthusiasts and collectors who prioritise unique styling and performance, a well-documented 992SM2 can be an excellent, rewarding choice—provided you confirm technical specifications and service history for the exact car you intend to import.

Check Your Japanese Car History Before Buying

Buying a used car from Japan? Before making your purchase, check the vehicle's history to help make a more informed decision.

Visit AutoCheck.jp to check the available history of the Japanese vehicle you are considering.

Check your Japanese car history at AutoCheck.jp before you buy.

Price vs. Mileage

Each point is one auction result. Point colour shows the body condition score; the dashed line is the average final price. The background bands show your estimated win probability at each price level, based on how these results historically closed — read the percentage on the right.

To win a bid, your price must be higher than the 100% probability value — that's the price level that has beaten every past result shown here. Anything below it carries a real chance of losing to a higher bid.

Average Price by Model Year

Average final price across these results, grouped by model year. The label above each bar shows depreciation relative to the newest model year in these results.

Depreciation from MSRP

The car's price journey from brand new: starting at the original factory MSRP, then each model year's average auction price, most recent year first. The label above each point shows how far that year sits below (or above) the original price.

Price by Score (Body)

Average final price for the selected year, grouped by body condition score — defaults to the most recent year in these results.

Price Trend Over Time

Average final price by auction date for the selected model year and timeframe — defaults to the most recent year and the last 3 months of results. The dashed line is a linear trend fit through these points; the badge in the top-right shows the overall percentage increase or decrease it represents.

Average Price by Location

Average final price at each auction location (e.g. Tokyo, Nagoya), grouped by body condition score — cars manufactured within the last 5 years only.

Factory Specifications

Every trim on record for chassis code 992SM2.

Trim Released Engine Doors Transmission Drive Dimensions (L × W × H) Weight Original MSRP
911 CARRERA 4 GTS 3/2025 3591cc 2 8AT — 4553mm, 1852mm, 99999mm 1720kg ¥24,920,000
911 CARRERA 4 GTS 3/2025 3591cc 2 8AT — 4553mm, 1852mm, 99999mm 1720kg ¥24,920,000
911 CARRERA 4 GTS CABRIOLET 3/2025 3591cc 2 8AT — 4553mm, 1852mm, 99999mm 1800kg ¥27,460,000
911 TARGA 4 GTS 3/2025 3591cc 2 8AT — 4553mm, 1852mm, 99999mm 1820kg ¥27,470,000
911 CARRERA 4 GTS 5/2024 3591cc 2 8AT — 4553mm, 1852mm, 99999mm 1720kg ¥23,650,000
911 CARRERA 4 GTS 5/2024 3591cc 2 8AT — 4553mm, 1852mm, 99999mm 1720kg ¥23,650,000
911 CARRERA 4 GTS CABRIOLET 5/2024 3591cc 2 8AT — 4553mm, 1852mm, 99999mm 1800kg ¥26,140,000
911 TARGA 4 GTS 5/2024 3591cc 2 8AT — 4553mm, 1852mm, 99999mm 1820kg ¥26,150,000

Original factory MSRP at launch in Japan — not the current auction price shown above.

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