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Certified appraisal · CTG-2026-CSXLV6Insurance — Agreed Value

2006 Porsche 911

Carrera Cabriolet (Type 997.1) — 3.6 AT

2006 Porsche 911 — cover

Agreed Value

$62,000 CAD

Range: $55,000 — $70,000 CAD

Condition: #3 Good · Market trend: stable

$1 USD = $1.3884 CAD — spot rate on 2026-06-03

Summary

The subject vehicle is a 2006 Porsche 911 Carrera Cabriolet (Type 997.1) powered by a naturally aspirated 3.6-litre flat-six engine mated to a five-speed Tiptronic S automatic transaxle, finished in Blue over a Tan leather interior. The vehicle carries 105,108 kilometres of original, documented mileage on a clean Ontario title and presents as an unrestored, stock example with no reported accident or frame damage history. Three owners are recorded, and service records are described as partial.

Minor non-factory additions consist of a Kenwood CarPlay head unit replacing the original radio, a Bluetooth hands-free system, and a dashcam — none of which materially alter the vehicle's mechanical character or collector desirability, though the loss of the original radio represents a modest negative to strict originality.

The owner has affirmatively confirmed the absence of all commonly monitored 997-generation known issues, including IMS bearing failure, AOS failure, Tiptronic valve body problems, coolant pipe failure, rear main seal leakage, and cylinder bore scoring, which supports a sound mechanical baseline.

Vehicle Information

VIN
WP0CA299…
Body
Cabriolet
Engine
3.6L naturally-aspirated flat-six
Power
325 HP
Drivetrain
RWD
Transmission
Automatic (Tiptronic S)
Mileage
105,108 km
Exterior
Blue
Interior
Tan leather
Title
Clean — Ontario
Owners
3
Service records
Partial

Appraisal Details

Purpose
Insurance — Agreed Value
Value type
Agreed Value
Condition grade
#3 Good
Market trend
stable
Report date
June 3, 2026
Verification code
CTG-2026-CSXLV6

Condition Assessment

Exterior

#3 Good

Seven AI-verified exterior photographs were submitted and assessed as plausibly matching the claimed vehicle. The Blue exterior finish appears consistent with a lightly used private-ownership example with no reported accident or frame damage history. No panel gaps, repaints, or collision repairs were identified in the photographic record. Age-appropriate minor cosmetic wear is anticipated at this mileage but no significant defects were noted in the available images.

2006 Porsche 911 exterior 1
2006 Porsche 911 exterior 2
2006 Porsche 911 exterior 3

Interior

#3 Good

The Tan leather interior is described as original. Owner-confirmed absence of door panel leather delamination — a known 997-generation concern — is noted positively. The original factory radio has been replaced with a Kenwood CarPlay head unit and a Bluetooth hands-free module has been added; a dashcam is also installed. These additions are functional and reversible but represent a deviation from factory originality. The Tan-over-Blue colour combination is a desirable and relatively uncommon pairing that adds modest aesthetic appeal.

2006 Porsche 911 interior 1
2006 Porsche 911 interior 2
2006 Porsche 911 interior 3

Mechanical

#3 Good

The 3.6-litre flat-six Tiptronic S drivetrain is reported in original, unmodified condition. The owner has affirmatively denied the presence of all surveyed model-specific mechanical issues: IMS bearing failure, AOS failure, Tiptronic valve body problems, plastic coolant pipe/reservoir failure, rear main seal oil leakage, cylinder bore scoring, PASM sensor wear, and front strut mount wear. Service records are described as partial, which introduces a modest degree of uncertainty regarding maintenance continuity but does not indicate a mechanical deficiency.

2006 Porsche 911 mechanical 1

Undercarriage

#3 Good

No frame damage is reported, and the clean Ontario title corroborates the absence of structural compromise. No undercarriage photographs were provided for independent assessment. The vehicle has been operated in a Canadian climate, which introduces the possibility of age-related corrosion on undercarriage components; however, no specific concerns were reported by the owner.

Condition Grade Scale

#1 Concours — Show-winning#2 Excellent — Near flawless#3 Good — Driver quality#4 Fair — Needs some work#5 Poor — Significant restoration#6 Parts Car — Not roadworthy

Model-Specific Known Issues

The 2006 Porsche 911 Carrera (997.1) is subject to a well-documented set of model-specific concerns that can significantly affect both reliability and market value when present. The owner has affirmatively responded in the negative to all ten surveyed known issues presented during the appraisal intake process, including the most financially consequential items: Intermediate Shaft (IMS) bearing failure, Air-Oil Separator (AOS) failure, rear main seal oil leakage, cylinder bore scoring (Nikasil wear), plastic coolant pipe and reservoir failure, and Tiptronic transmission valve body deterioration. The absence of these confirmed issues eliminates the need for any downward valuation adjustment attributable to mechanical deficiencies and supports the vehicle's positioning within the upper portion of the condition #3 Good range.

Value Adjustments

Adjustments below are applied to a weighted baseline derived from the most relevant comparable transactions, which were originally priced in USD and converted to CAD at the Bank of Canada daily rate of 1.3884 (as of 2026-06-03). Each adjustment reflects a quantified difference between the subject vehicle and the adjusted comparable baseline.

Weighted comparable baseline (USD converted to CAD at 1.3884)+$65,000
Body style adjustment: Cabriolet premium over coupe-dominated comparable set+$4,500
Engine/trim adjustment: Carrera 3.6L vs. Carrera S 3.8L (majority of comps)$-5,500
Transmission adjustment: Tiptronic S vs. manual transmission premium in comparable set$-1,500
Mileage adjustment: 105,108 km (approx. 65,300 miles) — moderate vs. lower-mileage comps$-1,500
Condition/history adjustment: Partial service records and three-owner provenance$-1,500
Originality adjustment: Aftermarket head unit replacing factory radio (minor deduction)$-500
Known issues adjustment: All surveyed 997.1 known issues confirmed absent (positive factor)+$2,000
Canadian market adjustment: Ontario clean title, private-use collector vehicle$-500

Comparable Sales (15)

Fifteen recent arm's-length auction transactions were reviewed and assessed for relevance to the subject vehicle. All sale prices were converted from USD to CAD at the Bank of Canada rate of 1.3884. The most directly comparable transactions were cabriolet-bodied 997.1 examples: a 57,000-mile Carrera S Cabriolet with Tiptronic S that sold for approximately CAD $51,052 and a 66,000-mile Carrera S Cabriolet 6-speed that sold for approximately CAD $59,007 — both providing a cabriolet floor reference, though both are Carrera S (3.8-litre) variants commanding a premium over the subject's Carrera (3.6-litre) specification. A 57,000-mile Carrera S Cabriolet in Guards Red with sport exhaust and Tiptronic S sold for approximately CAD $73,472, but its desirable colour, extensive factory options, and lower kilometre equivalent were weighted as above-subject. The 86,000-mile Carrera 4S Cabriolet 6-speed at approximately CAD $61,039 is useful as a high-mileage cabriolet reference, discounted for the 4S AWD premium against the subject's simpler RWD layout. Among coupe comparables, the base Carrera 3.6-litre Tiptronic S coupe at 14,000 miles sold for approximately CAD $65,958 — highly relevant to powertrain specification but adjusted downward for coupe body style (convertibles carry a premium) and dramatically lower mileage. After weighting cabriolet examples most heavily, applying upward adjustment for the subject's moderate mileage relative to higher-odometer comps, downward adjustment for the 3.6-litre non-S specification versus prevalent Carrera S comps, and modest negative adjustments for partial service records, three-owner history, and loss of original radio, the comparable matrix supports a concluded agreed value of CAD $62,000.

Market Analysis

The 2006 Porsche 911 (997.1) market has demonstrated a broadly stable pricing environment through early 2026, following the correction from pandemic-era peak valuations observed in 2022–2023. Carrera S coupes with manual transmissions and low mileage continue to command the strongest premiums, with clean examples in the 13,000–31,000-mile range transacting between approximately CAD $80,000 and CAD $110,000 depending on specification and colour. Cabriolet variants have historically traded at a modest premium over equivalent coupes in the collector market — a dynamic confirmed by the recent transaction data reviewed — though this premium narrows as mileage increases. Automatic Tiptronic S examples continue to be discounted relative to their manual counterparts, reflecting enthusiast preference, though well-maintained Tiptronic cars represent a growing segment of practical collector ownership. The 3.6-litre base Carrera retains strong appeal as a pure, naturally aspirated sports car, and the 997.1's mechanical simplicity relative to later turbocharged and PDK-equipped generations increasingly positions it as a desirable analogue driving experience.

Methodology & Limiting Conditions

The concluded agreed value set forth in this report was developed using the market comparison approach, wherein the subject vehicle's characteristics were benchmarked against a set of fifteen recent arm's-length auction transactions involving substantially similar 2006 Porsche 911 Carrera and Carrera S vehicles. Transaction data was sourced exclusively from a proprietary auction transaction database aggregating arm's-length sales. Comparable transactions were selected based on proximity of model year, trim level, body style, drivetrain configuration, mileage, and condition, and were then adjusted — upward or downward — to account for quantified differences between each comparable and the subject vehicle. The subject vehicle was not physically inspected by the appraiser. Condition was assessed exclusively from owner-submitted photographs, which were subjected to AI-assisted verification protocols including VIN plate OCR confirmation, odometer reading OCR verification, vehicle-to-claim visual matching analysis, and EXIF metadata validation for camera origin, recency, and image originality.

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Personal information (owner name, contact info, exact VIN, and address) has been removed for public display. The values, comparables, and analysis are the actual output of the Provata appraisal engine.