MARKET ANALYSIS
Carrera S (2004 to 2008)

The Porsche 911 Carrera S (997.1) was the definitive performance benchmark of its era, produced globally from 2004 through to 2008. It raised the stakes with a larger 261kW 3.8-litre flat-six engine and came standard with Porsche Active Suspension Management (PASM), sitting 10mm lower than the base model for a more focused driving dynamic. This generation is particularly notable for debuting the optional X51 Powerkit, which utilised modified cylinder heads and a carbon-fibre airbox to push output to 280kW. In the Australian market, the 997.1 Carrera S is highly desirable but requires careful selection; while 2005 and early 2006 models still featured the smaller, replaceable IMS bearing, cars produced from late 2006 onwards were fitted with the larger, more robust final-revision bearing from the factory. The buyer pool is most aggressive for the six-speed manual coupes, which are significantly rarer than the Tiptronic automatics and are increasingly viewed as the peak of analogue 911 engagement. Market value remains strong for local, Australian-delivered examples with a verified service history, as enthusiasts appreciate the Carrera S for its perfect balance of daily-driver comfort and track-ready performance, especially when found in "collector-grade" condition.
The Porsche 911 Carrera S (997.1) was the definitive performance benchmark of its era, produced globally from 2004 through to 2008. It raised the stakes with a larger 261kW 3.8-litre flat-six engine and came standard with Porsche Active Suspension Management (PASM), sitting 10mm lower than the base model for a more focused driving dynamic. This generation is particularly notable for debuting the optional X51 Powerkit, which utilised modified cylinder heads and a carbon-fibre airbox to push outpu…
Model years for Porsche 911 (2004 to 2008)

2006 Porsche 911 (997) Carrera S - Manual
93,457 km
🇦🇺Rowville, VIC
FOR SALE
Auction
Mar 12, 2026
2007 Porsche 911 (997) Carrera S Cabriolet
93,270 km
🇦🇺Melbourne, VIC
$66,002
Auction
Oct 17, 2022
2006 Porsche 911 (997) Carrera S - Manual
87,866 km • Manual
🇦🇺Melbourne, VIC
$126,000
Auction
Aug 15, 2024
2005 PORSCHE 911 (997) CARRERA S CABRIOLET
101,699 km • Manual • RHD
🇦🇺Murrumba Downs, QLD
$87,000
Auction
Aug 18, 2022
2005 PORSCHE 911 (997) CARRERA S CABRIOLET
106,671 km • Manual • RHD
🇦🇺Marian, QLD
$70,000
Auction
Jun 21, 2023
2007 Porsche 911 (997) Carrera S Cabriolet
95,364 km • Manual • RHD
🇦🇺Kellyville, NSW
$70,750
Auction
Jan 17, 2024
2005 Porsche 911 (997) Carrera S
83,900 km • Automatic • RHD
🇦🇺Kew, Victoria
$80,500
Auction
Apr 10, 2024
2006 Porsche 911 (997) Carrera S
92,778 km • Automatic • RHD
🇦🇺Banksia, NSW
$66,000
Auction
Jul 24, 2024
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2008 Porsche 911 (997) Carrera S
94,483 km • Automatic • RHD
🇦🇺Cremorne, VIC
$87,000
Auction
Aug 20, 2024