Porsche has told us how expensive the top of the 911 range could get. In an interview with Automotive News published October 23, Alexander Fabig, Porsche's vice president for product and individualization, said that "future products could exceed a 200 percent price premium over the base model." Put simply, a future GT 911 could cost more than three times as much as the cheapest 911 you can buy.
Porsche hasn't named that car or given it a price. But the math is easy, and Road & Track did it first: with the base 911 starting at over $135,000, three times that is a 911 at $400,000 or more.
What Porsche actually said
The figures first appeared at Porsche's Capital Markets Day on October 7, when it laid out its plan to earn more from fewer cars. Car and Driver reported that Porsche put today's 911 GT3 at about 53% more than a base 911 Carrera, and the GT3-based 911 S/C convertible at about 95% more. It also said future GT cars could cost more than 200% more than a base 911. Fabig repeated that last figure to Automotive News on October 23.
Those percentages are Porsche's own. US list prices tell the same story. A base 911 Carrera starts at $135,500 before the delivery fee. The 911 GT3 S/C starts at $273,000, almost exactly double. A car priced at three times the base Carrera would start around $406,500, and "more than 200%" means higher than that.
That would be a big jump even for a GT car. The 992.1-generation 911 S/T, the capstone of that generation and limited to 1,963 cars, started at $290,000 in the US.
What isn't announced
No $400,000 911 has been announced. Porsche gave a ceiling, not a model, a price or a date, and The Supercar Blog makes the same point: there's no confirmation of a $400,000 911. Road & Track notes that Porsche has badges it could use for a range-topping 992.2, such as GT2, which it last used on the 991.2 GT2 RS. That's informed guessing, not a plan Porsche has shared.
It's also worth separating this from the Mission S. That concept, revealed in New York on October 15, previews a mid-engined car that will sit above the 911. The 200% figure is about 911 GT models, so it points to the most expensive 911s getting more expensive, not to the Mission S.
Why Porsche is pushing prices up
Porsche's profits collapsed in 2025, and its new chief executive, Michael Leiters, plans to sell fewer cars at higher prices. Our Porsche reset article covers the full plan. The top of the 911 range is one of the easiest places to charge more, because demand for GT cars still outruns supply.
Fabig also gave Automotive News a look at Porsche's most exclusive work, as Road & Track reports, and the figures match what Car and Driver reported from the Capital Markets Day:
- Sonderwunsch one-offs: 15 one-off cars underway, priced from just under $2 million to about $15 million each. Sonderwunsch is Porsche's custom-build program, the team behind this year's Flachbau RS.
- Carrera GT recommissioning: 11 cars done, 16 in work and 21 waiting. Owners pay about $500,000 to $800,000 for the factory to rebuild and refresh their cars, not counting the car itself. Porsche built 1,270 Carrera GTs.
- Options: Automotive News, citing Edmunds, reports that the average new Porsche costs $128,663 as built, against an average starting price of $81,813. Options add about $46,850 per car.
A 911 at three times the base price fits right in with that. It's the same idea Porsche is applying everywhere: sell fewer cars, and charge more for the ones people want most.
Market perspective: the used market is already there
Here's what makes the $400,000 figure less wild than it sounds. Some GT 911s already ask that much on the used market. On October 24, 2026 we counted 1,331 911 GT and Turbo listings in the US and Canada; all of that day's listings were in the US. Here are the middle asking prices for the top versions, compared with a base 911 Carrera at $135,500:
- 991.2 GT2 RS: about $800,000 across 93 cars, roughly 5.9 times a base Carrera.
- 992.1 S/T: about $699,000 across 13 cars, roughly 5.2 times.
- 992.1 Sport Classic: about $648,000 across 13 cars, roughly 4.8 times.
- 992 GT3 RS: about $500,000 across 124 cars, roughly 3.7 times.
- 992.2 Turbo S: about $370,000 across 43 cars, roughly 2.7 times.
- 992.2 GT3 Touring: about $347,000 across 78 cars, roughly 2.6 times.
- 992.2 GT3: about $338,000 across 112 cars, roughly 2.5 times.
Of those 1,331 listings, 270 were asking more than $406,500, three times the base Carrera's price. Most were 992 GT3 RS cars (122 of 124 listed) and 991.2 GT2 RS cars (all 93). Every S/T and Sport Classic we found was above that line too.
The S/T shows the gap most clearly. It started at $290,000 new, and used ones now ask a middle price of about $699,000. When Porsche can't build enough of a car, the extra money goes to whoever sells it next, not to Porsche. A $400,000-plus factory GT 911 would be Porsche's way of keeping more of that money.
These are asking prices from dealer and private listings, not sale prices, and used cars often carry expensive options. Live numbers are on the Porsche dashboard.
Analysis
Our take
The 200% figure isn't a price announcement, but it isn't an idle comment either. Porsche said it at the Capital Markets Day and its product chief repeated it two weeks later. It's a signal of where Porsche wants the top of the 911 range to go.
The used market suggests buyers will pay it, at least for a car that's limited and special. The risk is the word "limited." The S/T and Sport Classic ask big money because there are few of them. A $400,000 911 that Porsche builds in larger numbers could struggle to hold its value the same way.
Analysis
What it means for buyers
- Shopping a new GT 911: expect prices at the top of the range to keep climbing. The GT3 S/C at $273,000 is already about double a base Carrera.
- Waiting for a range-topping 992.2: nothing is announced, so there's nothing to order. Don't pay a deposit or a premium on rumor.
- Owning an S/T, Sport Classic, GT2 RS or GT3 RS: a pricier new GT car could make today's cars look like better value, but a new top model would also compete for the same buyers. We'll watch asking prices if one is announced.
- Shopping used: today's asking prices for the rarest GT cars already sit above three times a base 911. Compare sold prices, not just asking prices, before you pay up.
What happens next
- Porsche's third-quarter results: due October 27, 2026. Look for any comment on pricing at the top of the range.
- A range-topping 992.2: no model, name, price or date has been announced. We'll report it when Porsche confirms one.