Porsche 911 Targa: Built to Get Around the Rules, Could be a Good Buy
In 1965, the US was about to pass strict safety requirements. Many auto manufacturers were feared these new rules could render convertibles illegal in the States.
Porsche advertised the Targa as, "a car that combines the freedom of a convertible with the safety of a coupe" to anticipate the regulations. Hence the fixed bar design.
Now, these are turning into great investment cars, said Hannah Elliot today, for Bloomberg Business:
"This year, according to data from Hagerty, the average value of all Porsche 911 variants from 1967 - 1977 (excluding the 1973 911 RS) is $95,000, with some models going for considerably more money. A 911 Targa from the same era, and in similar condition, will sell for roughly $87,000. Those numbers are up considerably over 2010, when they were worth $35,000 and $38,000, respectively. (Targas were preferred then.) Even the 2010 bids were way up over those in 2006, when the cars were valued at $26,000 and $33,000, respectively."
We've had several Targas and always enjoy the open-air, semi-convertible feel. We haven't been behind the wheel of Porsche's latest 991 Targa, but we like the classic look of the Targa bar and we know it would be a blast to drive.