Market & Investment

DEKRA Says €190,000 and Grade 2+: the Independent Valuation of the Manual Turbo

We usually quote listings and auctions. This time we have something rarer: an independent DEKRA valuation of the exact meteor-grey 41,000 km manual that sold in June. The verdict – condition grade 2+ and a replacement value of €190,000.

997.2 Turbo · 8 min read

On this site we usually quote listings, auction results and market data. This time we have something far rarer – and far more solid: an independent valuation by DEKRA for the exact car we've written about before. It's the meteor-grey manual with around 41,000 km that changed hands in June 2026 through the Porsche specialist German Sports Cars (Thomas J. Schmitz, Telgte) for €179,997 (see Market Radar July 2026).

A DEKRA classic-car appraiser inspected the car in person at the end of June – including a road test, paint-thickness measurement and an examination from above and below. The result is a knighthood for the car and independent confirmation of everything we've been saying for months.

For transparency: all personal data (owner, previous owners, registration plates, VIN, document numbers) has been deliberately anonymised here. This is about the car and its value – not about people.

The car (anonymised)

  • Porsche 997 Turbo "MK2" (997.2), coupé, 6-speed manual – G97.55 gearbox, with a short shifter.
  • Engine MA170 (the DFI boxer), 368 kW / 500 hp, 3.8 litres.
  • Meteor Grey Metallic (M7W) over black leather – this car's signature colour.
  • 41,069 km, first registered October 2010, two previous owners, a gap-free documented history.
  • Complete service record: seven documented services in the stamped original service book, all at the Porsche Centre – plus long-term warranty and airbag inspection reports.
  • Equipment includes: adaptive sport seats (electric, heated, memory), PASM, PSM, Xenon with LED daytime running lights, Alcantara headliner, navigation with Bose sound system, silver instrument dials, original Turbo II wheels (8.5J×19 front / 11J×19 rear) on Pirelli P Zero N2.

In short: an unrestored original, low mileage, beautifully kept, in a sought-after colour combo.

The condition: grade 2+

Grading follows the scale of the Institut für Sachverständige (IfS) – from grade 1 (flawless, museum class) to grade 5. The appraiser awarded the car an overall grade 2+ – i.e. the top end of the "good, defect-free" band, right up against top class.

A look at the individual scores explains why:

  • Function of equipment and optional equipment: grade 1 each.
  • Most components – paint, trim, glass, lighting, wheels, dashboard, instruments, seats, headliner, panels, electrics, engine, gearbox, road test – were scored 1.5.
  • Only a few points (body, floorpan, exhaust, front and rear axle) sit at 2 – at the level of normal, age- and use-typical traces.

On substance: the paint is original (thicknesses consistently in the factory range, no respray), the panel gaps even, no signs of accident repair. On the road test the engine ran smoothly cold and warm, throttle response was crisp, the gearbox shifted precisely, the synchromesh was flawless, no atypical noises. Exactly the car a collector hopes for.

The value: €190,000 – and DEKRA's own reasoning

The real highlight is at the end of the report:

Replacement value: €190,000.00 (tax-neutral).

More important than the figure is the appraiser's reasoning – because it reads like a summary of this entire website. Explicitly listed as value-increasing:

  • the rare manual-gearbox specification,
  • the low total mileage,
  • the very well documented history.

And DEKRA adds that in the event of a replacement one should expect "a longer replacement period." Translated: you don't find a car like this again quickly. That's exactly the scarcity we describe in “How Many Are There Really?” and in the Market Radar – here confirmed by an independent, neutral expert.

The investment punchline

Let's add it up: the car sold for €179,997. The independent DEKRA replacement value is €190,000. So the buyer paid around €10,000 below the appraised replacement value – for a grade 2+ car, meteor grey, with a gap-free history and low mileage.

That matches our assessment from the Value Trajectory precisely: well-kept, documented manual coupés are €190,000 cars today – and in the US the best examples have long been worth more. A valuation is not a guaranteed sale price, but it's the most neutral statement of value you can get – and it points up.

Why meteor grey, of all colours

That this reference car is meteor grey fits the picture: it's the colour inseparable from the 997.2 Turbo – restrained, deep, refined. Exactly the kind of "grown-up", muted spec that collectors seek and that we described in “Quiet Luxury”. An appraiser phrases it soberly as a "colour combination in demand on the market" – we'd say: the wolf in sheep's clothing, now with a DEKRA stamp.


Sources

Personal data from the report has been anonymised. A replacement value is an expert's assessment, not a guaranteed sale price. This is a fan site with personal, enthusiast opinion – not investment advice.

Featured

Market & Investment

From Insider Tip to Collector's Item: the Value Trajectory 2015–2026

A few years ago you could still get a manual 997.2 Turbo for under 100,000 dollars. Today top examples climb past 230,000 – and the curve points steeply upward. The documented time series.

Market & Investment

Why the Manual Is More Expensive Than the Stronger Turbo S

530 hp against 500 hp – and yet on average the weaker manual is more expensive than the Turbo S. How rarity beats the extra power.

Market & Investment

Top 5 Investment 2026: Why Elferspot Is Backing the 997.2 Turbo Manual

The specialist magazine Elferspot lists the 997.2 Turbo manual among its five best Porsche investments for 2026 – at number 3. What's behind it, and what you need to know about predictions like these.