904 Carrera GTS

The body became structure

Porsche bonded a glass-fibre body to a steel box frame and placed the engine behind the seats. The 904/4 gave owners a five-speed, four-cam car they could drive to a race. Porsche built 106 four-cylinder examples.

Market value · road

USD 1,800,000–USD 2,800,000

Typical USD 2,300,000 · 7 sales · +63% vs ’20–’22
USD 723,130.56USD 2,968,000
Open Market & Price

Market value · road

USD 1,800,000–USD 2,800,000

Typical USD 2,300,000 · 7 sales · +63% vs ’20–’22
USD 723,130.56USD 2,968,000
’13’25
Market history · in the terminal
Open Market & Price
Power
185 PS (2.0L four-cam flat-four)
Top speed
~260 km/h (ratio and body dependent)
Weight
~655 kg (period specification)
Transmission
5-speed (manual · limited-slip differential)
Body
Glass-fibre (bonded to steel frame)
Production
106 (four-cylinder cars)

Market & Price

Porsche 904 Carrera GTS price & market value

The Porsche 904 Carrera GTS reference estimate is USD 1,800,000–USD 2,800,000 (Sept 2026). The file contains 16 documented road sales, with individual specifications recorded separately. Actual prices depend on specification, condition and provenance; this range is not an offer or a confirmed sale price.

Records: 16 documented road sales on file · 2013–2025; estimate band USD 1,800,000–USD 2,800,000 · good road cars. recorded sale prices · mixed hammer and premium-inclusive basis.
HCN:904CARRELive model
$2'300'0002.5% · 12M
USD 1,000,000USD 2,000,000USD 5,000,00020182020202220242026CovidRate shockFORECASTS&P 500
Model curve · anchored to 16 documented salesnot investment advice

Model forecast · 16 Jul 2027

12 months from the model baseline

Lower · P10
USD 1,813,023.89
-21.2% vs baseline
Median · P50
USD 2,367,862.3
+3% vs baseline
Upper · P90
USD 3,092,497.51
+34.5% vs baseline

Model data: Jul 2026 · 16 documented sale anchors. Modeled history between documented sales.

How to read this forecast

P50 is the model median. The outer shading spans P10–P90; the darker band spans P25–P75. These are model quantiles, not verified probabilities or observed sale prices. The calculation extends the modeled trend and volatility; it does not include new listings, vehicle condition or transaction costs.

The readouts · model figures against the benchmarks16 documented anchors · last sale 16 mo ago

Compound annual growth

WindowThis car*S&P 500Gold
1Y+2.5%+18.8%+21.9%
5Y+14.8%+11.4%+17.6%
10Y+0.7%+13.3%+11.8%

*Modeled price CAGR · S&P is a price index, no dividends

Deepest drawdown · model window

This car*-67.4%Jan 2017 → Jun 2020 · recovered Jun 2023
S&P 500-20.3%Dec 2021 → Oct 2022 · recovered Dec 2023
Gold-38.4%Oct 2012 → Dec 2015 · recovered Jul 2020

Forecast ladder · model quantiles

HorizonP10P50P90
+6MUSD 1,923,698.31USD 2,333,684.49USD 2,831,048.54
+12MUSD 1,813,023.89USD 2,367,862.3USD 3,092,497.51
+24MUSD 1,673,653USD 2,437,726.9USD 3,550,623.95

Median path with the 10th and 90th percentile · not investment advice

Transaction ledger · documented sales

16 of 16 recorded sales · shown in USD · recorded currency in each record

Price range · road · openConfidence · lowPublic sales are infrequent and chassis histories differ sharply. Two 2017 results span $1.54 million to $2.31 million; later no-sale estimates do not establish transactions.

Floor

USD 1,800,000

Typical

USD 2,300,000

Ceiling

USD 2,800,000

Estimate band for good road cars. 7 documented sales since 2019 plotted below.

USD 708,065.34USD 1,800,000USD 2,300,000USD 2,800,000USD 3,024,000
Hover the spectrum to read a value, or a dot for the sale behind it.

Band and axis shown in USD. Sale positions use indicative fixed-rate conversion to USD; sale readouts retain recorded currencies. Estimate for authentic four-cylinder cars with traceable identity. Works history, original engine and body material, restoration scope and event eligibility can move a car outside the band.

The wider market · Porsche at auction · median per year · modeled between anchors1,973 lots · 2003–2026 · exact yearly anchors · modeled line

Instrument calibration for this file is in progress — the terminal above reads the documented record directly.

Ledger excludes estimates, no-sales and works six- or eight-cylinder cars. Published USD totals are recorded without adjustment.

Overview

A new construction method for the post-356 racer.

Ferdinand Alexander Porsche designed the low body around a mid-engine package and a frontal area of only 1.4 square metres. Heinkel helped manufacture the glass-fibre shells, which Porsche bonded to pressed-steel frames.

The 904 opened its 1964 Le Mans record with four cars at the head of the two-litre class. At the Targa Florio, Antonio Pucci and Colin Davis won overall in a four-cylinder 904, while Porsche also used six- and eight-cylinder works versions to develop the next generation of prototypes.

Engine
Type 587/3 flat-four
Power
185 PS
Built
106 four-cylinder
Designer
F. A. Porsche
Homologation
FIA GT

Reference

Technical specifications

Powertrain

Engine
Type 587/3 air-cooled flat-four1'966 cc, four overhead camshafts
Output
185 PS at 7'200 rpmperiod competition specification varied by engine and tune
Carburettors
Twin Weber 46 IDM
Transmission
5-speed manualZF limited-slip differential
Layout
Longitudinal mid-engine, rear-wheel drive

Structure and running gear

Frame
Pressed-steel box section
Body
Glass-fibre-reinforced plasticbonded to the frame as a torsionally stiff unit
Suspension
Independent wishbones with coil-over dampers
Brakes
Four-wheel discs
Frontal area
1.4 m²Porsche factory figure

HICON BID

Buying interest, silently.

A HICON Bid is a confidential expression of buying interest on the Porsche 904 Carrera GTS file — never public, never shown to other members. It is not a binding purchase, and HICONIUM holds no funds.

Sign in

HICON Bids are a member instrument. Sign in to place one.

The vault

Open a file on yours.

You keep one? The record starts in your garage — identity, papers, photography, and the market evidence this file already carries, bound to your chassis.

The variants

One badge, 3 executions

The register separates the 904 Carrera GTS into its documented executions. One reference silhouette per execution — each opens as its own file as the archive fills.

Porsche 904 Carrera GTS Carrera GTS — reference silhouetteCarrera GTS01
Reference in preparation904/602
Reference in preparation904/8 Bergspyder03

3 executions on file · references drawn to the house standard

The cars

The 904 Carrera GTS register

Documented individual cars — chassis, colour, ownership and sale history. Open one for its full provenance. Public records only; members see the complete registry.

07 documented · public records

The hands

The people behind the car

The people whose work shaped the Porsche 904 Carrera GTS.

Ferdinand Alexander Porsche

Designer

Designed the 904's compact glass-fibre coupé body around its mid-engine package.

No free period portrait on record

Ernst Fuhrmann

Four-cam engine architect

His Type 547 four-cam concept reached its final customer-racing development in the 904's Type 587/3 engine.