996.1 (1998 to 2001)

The Porsche 911 (996.1), produced from 1998 to 2001 as the first water-cooled generation of the 911 and one of the most controversial yet historically important models in the lineage. The 996.1 introduced an all-new platform, water-cooled flat-six engines, and a more modern interior, while retaining the core rear-engine driving layout, with Carrera, Carrera 4, and early GT variants forming the range. In the Australian market, the 996.1 represents one of the most accessible entry points into 911 ownership, appealing to buyers seeking performance and usability at a lower price point than later generations. Values are driven by engine specification, transmission choice, maintenance history, mileage, and condition, with well-maintained manual cars and specialist-serviced examples attracting the strongest interest as demand for analogue-era 911s continues to grow locally and globally.