Car Collector International
Modern Classic · 1995–1998

Porsche 911 GT2 (993)

The original GT2 — air-cooled, rear-drive, twin-turbo homologation special; the last competition-derived air-cooled 911.

Car Collector International Editorial
Silver Porsche 911 GT2 (993) in a studio, front three-quarter view showing riveted plastic wide-body arches, fixed biplane rear wing and centre-lock black modular wheels.
Overview

Why this car matters

The 993 GT2 was homologated in 1995 as the road-going basis for Porsche's BPR / FIA GT2-class racing 911. Built on the 993 Turbo's platform but stripped of its all-wheel-drive system, it used a twin-turbo air-cooled 3.6-litre flat-six (M64/60R) driving the rear wheels through a six-speed manual gearbox, with riveted plastic wide-arches, a fixed biplane wing and reduced weight.

A 1998 update — commonly referred to as the 993 GT2 'Evo' — raised road-car output. The 993 GT2 was the last competition-derived air-cooled 911 and the ancestor of every GT2 that has followed.

The founding GT2 and the last air-cooled 911 with a competition brief — a homologation car, not a marketing exercise. Its combination of air-cooled flat-six, twin turbos, rear drive and a manual gearbox has not been offered on a 911 since, and never will be again.

Variants

Range and production

VariantYearsProductionNotes
993 GT2 (1995–1997)1995–1997Homologation road car: 3.6L air-cooled twin-turbo M64/60R flat-six, ~424 bhp / 430 PS, six-speed manual, rear-wheel drive; riveted plastic wide-arches, biplane rear wing. Clubsport option (M003) added a bolt-in cage, six-point harness and fire system.
993 GT2 Evo (1998)19981998 update road cars: ~444 bhp / 450 PS from the same twin-turbo M64 flat-six; a small subset of the total road-car run — do not treat as the total production number.
993 GT2 race chassis1995–1998BPR / FIA GT2-class competition cars, sold and campaigned separately from the road cars; different market and out of scope for a road-car buyer's guide.
Buyer's Guide

What to look for

Provenance and originality

Start with identity, paperwork and originality. For the Porsche 911 GT2 (993), the strongest cars have a continuous Porsche or recognised GT-specialist service file, original paint, matching numbers, both keys, complete books and tools, and — where available — the Porsche Certificate of Authenticity and factory build documentation. Original paint, complete factory documentation, low ownership count, road-car identity (not a decommissioned race car), Clubsport (M003) option and — at the very top — 1998 Evo specification.

Mechanical inspection priorities

The air-cooled M64/60R twin-turbo flat-six is fundamentally robust but is a specialist rebuild engine when tired; head-stud pull-through, oil-return integrity and turbocharger health are the practical variables. This is not a car to buy without a marque-recognised air-cooled turbo specialist involved. A proper pre-purchase inspection includes a full PIWIS diagnostic scan, cold-start behaviour, borescope inspection of the cylinder bores where age or history justify it, compression and leak-down testing where appropriate, an undertray-off inspection of the flat-six and gearbox, chassis and suspension survey, brake condition (including PCCB weight/thickness measurement where fitted) and a long enough road test to expose heat-related faults. Deferred maintenance on a GT-department turbocharged car is almost always more expensive than buying a better-sorted example.

Body, paint and track history

The GT2 is a track-capable rear-drive turbo car and a meaningful proportion have seen circuit use or hard road use. Track use is not itself a problem — it must simply be documented and reflected in the price. Use a paint-depth gauge, a lift inspection and a specialist familiar with the model's factory panel gaps. Inspect splitter, diffuser, undertrays and roll-cage mounts for evidence of contact; confirm any PPF history; and price concealed accident, fire or heat damage severely.

Specification strategy

Original road cars with continuous history and known ownership dominate; race chassis are a separate market. Clubsport (M003) cars are more valuable than Comfort-spec road cars; a 1998 Evo road car sits at the top of the road-car ladder. Specification, colour, options and factory build documentation move values significantly on GT2 cars. Buy the best-documented example in the most desirable specification you can justify rather than a tired car of a rarer derivative that will need years of corrective work.

Pricing

What to pay

Good driver 993 GT2 road car
USD$1,000,000 – $1,400,000
GBP£800,000 – £1,120,000
EUR€920,000 – €1,290,000
Honest, documented 1995–97 road cars with continuous history and original paint; indicative — Verify against current comparable sales.
Excellent / Clubsport (M003)
USD$1,400,000 – $1,700,000
GBP£1,120,000 – £1,360,000
EUR€1,290,000 – €1,570,000
Low-mileage, matching-numbers Clubsport-optioned cars in sought-after colours; indicative — Verify.
1998 Evo / concours
USD$1,600,000 – $1,800,000+
GBP£1,280,000 – £1,440,000+
EUR€1,470,000 – €1,660,000+
1998 Evo road cars and concours 993 GT2s with complete documentation; indicative — Verify.

Regional ranges authored independently — each reflects its local market, not an FX conversion

Ownership

Living with it

Typical mileage
1,000–4,000 miles typical for enthusiast use
Service interval
12 months regardless of mileage; major service every 4 years / 24,000 miles
Annual running cost
$5,000 – $15,000 excluding track-day tyres, brakes and setup
Fuel economy
13–19 mpg depending on use
Insurance
Use an agreed-value collector or specialist supercar policy with limited mileage, secure storage, documented photography and an annual value review. Track-day cover is a separate conversation; declared values should be reviewed annually as the market moves.

Maintenance planning

Budget annually even if the car is used sparingly. Fluids age, date-coded rubber and tyres must be replaced regardless of mileage, and stored turbocharged cars need exercise. The GT-department flat-six prefers regular use to long static storage; a documented maintenance rhythm protects both reliability and resale value.

Parts and specialist access

Restrict inspection and servicing to Porsche Classic Partners and recognised 993-era air-cooled turbo specialists; general Porsche workshops are not appropriate for this car. Porsche Classic and the GT-specialist network support parts supply well for most generations, but generation-specific turbochargers, carbon panels, centre-lock wheel hardware and PCCB components sit outside general availability and need a knowledgeable specialist to source correctly.
Common Problems

Known issues by system

Engine (air-cooled twin-turbo)

Head-stud pull-through and oil-return integrity

Major$15,000 – $60,000+ for top-end / turbocharger work at a specialist
Symptoms — Uneven idle, oil misting, boost-related driveability faults.
Inspection — Air-cooled turbo specialist PPI; verify service history and any prior top-end work.
Turbochargers

K24 turbocharger wear and rebuild

Major$8,000 – $18,000 for a pair of correctly rebuilt units
Symptoms — Shaft play, boost leaks, oil consumption, smoke on overrun.
Inspection — Boost-leak test; visual and shaft-play inspection; verify rebuild history.
Body / paint

Riveted plastic wide-arch fitment and refinishing

Moderate$10,000 – $40,000 for correct panel and paint work
Symptoms — Poor arch alignment, refinished panels, evidence of rivet disturbance.
Inspection — Paint-depth gauge, lift inspection, verify original wide-arch fitment and rivet integrity.
Provenance

Race-car identity or decommissioned competition history

MajorNot repairable — reflected in price
Symptoms — Missing road-car documentation, race-scarred underbody, non-matching numbers.
Inspection — Verify Certificate of Authenticity, chassis / engine / gearbox numbers and continuous ownership.
Valuation

Current value bands by region

Concours
USD
$1,750,000
GBP
£1,400,000
EUR
€1,600,000
+4% 12-mo
Excellent
USD
$1,450,000
GBP
£1,160,000
EUR
€1,330,000
+3% 12-mo
Good
USD
$1,150,000
GBP
£920,000
EUR
€1,060,000
+1% 12-mo
Fair
USD
$900,000
GBP
£720,000
EUR
€830,000
0% 12-mo

Each region quoted in its local currency — independent market readings, not FX conversions

The 993 GT2 trades in its own segment, behaviour indexed to limited-production air-cooled specials rather than to the wider 993 market. Top recorded ~$2,397,500 (1997 car, Dec 2023, Classic.com-tracked). Market cooled through 2025 — a $1.7M–$2.2M-estimate Clubsport (Monterey 2025) and a £1.1M–£1.3M car (RM London, Nov 2025) both went unsold. Bands published here are directional and should be verified against current comparable sales before transacting.

Auctions

Recent results

DateAuctionCarMileageResult
2024-08-01
RM Sotheby's
Monterey
1996 993 GT2 Clubsport
Verified public auction result.
$2,012,500
Sold
2024-08-01
RM Sotheby's
Monterey
1996 993 GT2
Verified public auction result.
$1,242,500
Sold

Road-car (Straße) examples; race-spec GT2 R/Evo cars trade separately and are excluded.

Investment

Long-term outlook

Blue ChipHorizon: 10+ years

The founding GT2 and the last air-cooled competition-derived 911 — a fixed, low-production, one-and-done story with a permanent narrative. Downside risk is limited by a deeply liquid global market for top-tier air-cooled 911s and by the impossibility of any future car ever replicating the specification.

Recommended

The trusted network

Specialists

  • Porsche Centre / factory-approved workshop
    View →
    UK / Europe / USA
    Factory-standard servicing, PIWIS diagnostics and originality reviews for the 911 GT2 (993).
  • Independent GT-department specialist
    View →
    International
    GT2 pre-purchase inspections, borescope surveys, turbocharger health and geometry for the 911 GT2 (993).
  • Concours preparation studio
    View →
    International
    Paint correction, PPF, detailing and sale preparation for collector Porsches.

Storage

  • Windrush Car Storage
    View →
    Cotswolds, UK
    Climate-controlled storage and collection management for high-value collector and modern Porsches.
  • Autovault
    View →
    Bicester, UK
    Secure climate-controlled storage at Bicester Heritage with regular inspection programmes.
  • Classic Car Club Manhattan
    View →
    New York, NY
    Secure urban storage for collector and modern performance cars.

Transport

  • CARS UK
    View →
    UK & Europe
    Enclosed event, concours and collection transport across Europe.
  • Reliable Carriers
    View →
    USA (national)
    Enclosed coast-to-coast transport for collector and modern Porsches.
  • FERRLOG
    View →
    Italy / Europe
    Air-ride enclosed transport for European collector cars.
Related

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The valuation figures in this guide are for research purposes only and do not constitute financial or investment advice. See our full disclaimer.