2023 Porsche 911 prices rise by up to $26,300 – but other models get price cuts

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Porsche has added up to $26,300 to the Australian prices of its iconic 911 sports car variants – while other models have received price cuts as a part of tax changes.


Alex Misoyannis

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Prices of the 2023 Porsche 911 range have risen by more than $17,800 across the series-production range – coinciding with price cuts for other Porsche models.

In effect from July 1, Porsche’s entire series-production 911 range has risen by between $17,800 and $26,300, depending on variant – pushing the ‘entry-level’ 911 Carrera coupe automatic above a quarter of a million dollars for the first time (now $259,100 plus on-road costs).

Hardest hit is the 911 Turbo Cabriolet, which has increased by $26,300 to $452,000 plus on-road costs – though the most expensive series-production 911 variant outright remains the Turbo S Cabriolet, at $527,500 plus on-road costs (up $25,000).



Increases in standard specifications are believed to form part of the price rises, as part of the new Model Year – though full details are yet to be confirmed. Drive has contacted Porsche Cars Australia for further details.

The 911 price rises follow hikes across Porsche’s other models of up to $16,600 in early May – also accompanied by specification changes, including the addition of key advanced safety technology (fitted as standard to sub-$20,000 cars) as standard equipment on some near-$200,000 models.

However, two 911 variants have dropped in price, both of which are limited editions: the Edition 50 Years Porsche Design and Sport Classic, both falling by $800 to $426,100 and $598,300 plus on-road costs respectively.



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Every other Porsche model has also decreased in price for July 1 – the Cayenne E-Hybrids, Panamera E-Hybrids and Taycan range by $1600, base 718 Cayman and Boxster by $1568, and all other variants (Macan, 718, Cayenne, Panamera) by $800.

These decreases align with increases to the Luxury Car Tax threshold for the new financial year, now pegged at $71,849 (from $69,152) for most vehicles, or $84,916 (up from $79,659) for “fuel-efficient” vehicles with combined fuel economy ratings of seven litres per 100km or less.

As reported by Drive last week, these reductions in the amount of payable LCT – which adds a 33 per cent tariff to each dollar above the threshold – will cut about $1575 from the price of a fuel-efficient car, or about $810 from the prices of other cars.



A full list of the updated prices are included below.

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2023 Porsche 718 Boxster and Cayman pricing

  • Porsche 718 Boxster manual – $124,800 (down $1568)
  • Porsche 718 Boxster PDK auto – $125,460 (down $800)
  • Porsche 718 Boxster S manual – $152,800 (down $800)
  • Porsche 718 Boxster S PDK auto – $157,380 (down $800)
  • Porsche 718 Boxster GTS 4.0 manual – $188,900 (down $800)
  • Porsche 718 Boxster GTS 4.0 PDK auto – $194,290 (down $800)
  • Porsche 718 Spyder manual – $214,100 (down $800)
  • Porsche 718 Spyder PDK auto – $218,680 (down $800)
  • Porsche 718 Cayman manual – $122,000 (down $1568)
  • Porsche 718 Cayman PDK auto – $122,660 (down $800)
  • Porsche 718 Cayman S manual – $150,000 (down $800)
  • Porsche 718 Cayman S manual PDK auto – $154,580 (down $800)
  • Porsche 718 Cayman GTS 4.0 manual – $186,200 (down $800)
  • Porsche 718 Cayman GTS 4.0 PDK auto – $192,590 (down $800)
  • Porsche 718 Cayman GT4 manual – $224,000 (down $800)
  • Porsche 718 Cayman GT4 PDK auto – $228,580 (down $800)
  • Porsche 718 Cayman GT4 RS PDK auto – $311,900 (down $800)

2023 Porsche 911 Australian pricing

  • Porsche 911 Carrera Coupe – $259,100 (up $17,900)
  • Porsche 911 Carrera 4 Coupe – $276,500 (up $18,200)
  • Porsche 911 Carrera Cabriolet – $280,700 (up $17,800)
  • Porsche 911 Carrera 4 Cabriolet – $298,400 (up $18,300)
  • Porsche 911 Targa 4 – $298,400 (up $18,300)
  • Porsche 911 Carrera S Coupe – $298,100 (up $18,600)
  • Porsche 911 Carrera 4S Coupe – $315,500 (up $18,800)
  • Porsche 911 Carrera S Cabriolet – $319,800 (up $18,600)
  • Porsche 911 Carrera 4S Cabriolet – $337,400 (up $19,000)
  • Porsche 911 Targa 4S – $337,400 (up $19,000)
  • Porsche 911 Carrera GTS Coupe manual – $334,900 (up $20,100)
  • Porsche 911 Carrera GTS Coupe PDK auto – $334,900 (up $20,100)
  • Porsche 911 Carrera 4 GTS Coupe – $354,200 (up $20,200)
  • Porsche 911 Carrera GTS Cabriolet – $368,100 (up $20,400)
  • Porsche 911 Carrera 4 GTS Cabriolet – $387,700 (up $20,800)
  • Porsche 911 Targa 4 GTS – $387,700 (up $20,800)
  • Porsche 911 GT3 manual – $388,600 (up $19,000)
  • Porsche 911 GT3 auto – $388,600 (up $19,000)
  • Porsche 911 GT3 with Touring Package manual – $388,600 (up $19,000)
  • Porsche 911 GT3 with Touring Package auto – $388,600 (up $19,000)
  • Porsche 911 Turbo Coupe – $431,000 (up $26,100)
  • Porsche 911 Turbo Cabriolet – $452,000 (up $26,300)
  • Porsche 911 Turbo S Coupe – $506,200 (up $24,600)
  • Porsche 911 Turbo S Cabriolet – $527,500 (up $25,000)
  • Porsche 911 Edition 50 Years Porsche Design – $426,100 (down $800)
  • Porsche 911 Sport Classic manual – $598,300 (down $800)

2023 Porsche Macan Australian pricing

  • Porsche Macan – $89,300 (down $800)
  • Porsche Macan T – $92,700 (down $800)
  • Porsche Macan S – $112,400 (down $800)
  • Porsche Macan GTS – $137,300 (down $800)

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2023 Porsche Cayenne Australian pricing

  • Porsche Cayenne wagon – $134,300 (down $800)
  • Porsche Cayenne Coupe – $145,100 (down $800)
  • Porsche Cayenne wagon Platinum Edition – $147,200 (down $800)
  • Porsche Cayenne Coupe Platinum Edition – $147,700 (down $800)
  • Porsche Cayenne E-Hybrid wagon – $150,900 (down $1600)
  • Porsche Cayenne E-Hybrid Coupe – $159,500 (down $1600)
  • Porsche Cayenne E-Hybrid wagon Platinum Edition – $162,000 (down $1600)
  • Porsche Cayenne E-Hybrid Coupe Platinum Edition – $162,600 (down $1600)
  • Porsche Cayenne S wagon – $175,300 (down $800)
  • Porsche Cayenne S Coupe – $185,000 (down $800)
  • Porsche Cayenne S wagon Platinum Edition – $175,100 (down $800)
  • Porsche Cayenne S Coupe Platinum Edition – $175,500 (down $800)
  • Porsche Cayenne GTS wagon – $206,700 (down $800)
  • Porsche Cayenne GTS Coupe – $210,400 (down $800)
  • Porsche Cayenne Turbo wagon – $262,300 (down $800)
  • Porsche Cayenne Turbo Coupe – $274,200 (down $800)
  • Porsche Cayenne Turbo S E-Hybrid wagon – $307,200 (down $1600)
  • Porsche Cayenne Turbo S E-Hybrid Coupe – $311,100 (down $1600)
  • Porsche Cayenne Turbo GT Coupe – $351,900 (down $800)

2023 Porsche Taycan Australian pricing

  • Porsche Taycan sedan – $158,100 (down $1600)
  • Porsche Taycan 4 Cross Turismo – $178,800 (down $1600)
  • Porsche Taycan 4S sedan – $197,200 (down $1600)
  • Porsche Taycan 4S Cross Turismo – $208,000 (down $1600)
  • Porsche Taycan GTS sedan – $240,300 (down $1600)
  • Porsche Taycan Turbo sedan – $280,300 (down $1600)
  • Porsche Taycan Turbo Cross Turismo – $283,000 (down $1600)
  • Porsche Taycan Turbo S sedan – $351,000 (down $1600)

2023 Porsche Panamera Australian pricing

  • Porsche Panamera sedan – $207,000 (down $800)
  • Porsche Panamera Platinum Edition sedan – $209,000 (down $800)
  • Porsche Panamera 4 sedan – $217,300 (down $800)
  • Porsche Panamera 4 Platinum Edition sedan – $218,300 (down $800)
  • Porsche Panamera 4 Sport Turismo – $224,700 (down $800)
  • Porsche Panamera 4 E-Hybrid sedan – $252,700 (down $1600)
  • Porsche Panamera 4 E-Hybrid Platinum Edition sedan – $253,000 (down $1600)
  • Porsche Panamera 4 E-Hybrid Sport Turismo – $260,000 (down $1600)
  • Porsche Panamera 4 Executive sedan – $226,700 (down $800)
  • Porsche Panamera 4 E-Hybrid Executive sedan – $262,100 (down $1600)
  • Porsche Panamera 4S E-Hybrid sedan – $298,800 (down $1600)
  • Porsche Panamera GTS sedan – $317,900 (down $800)
  • Porsche Panamera GTS Sport Turismo – $325,300 (down $800)
  • Porsche Panamera Turbo S sedan – $423,400 (down $800)
  • Porsche Panamera Turbo S E-Hybrid sedan – $433,500 (down $1600)

Note: All prices exclude on-road costs. All variants use automatic transmissions unless otherwise stated.

Alex Misoyannis

Alex Misoyannis has been writing about cars since 2017, when he started his own website, Redline. He contributed for Drive in 2018, before joining CarAdvice in 2019, becoming a regular contributing journalist within the news team in 2020. Cars have played a central role throughout Alex’s life, from flicking through car magazines as a young age, to growing up around performance vehicles in a car-loving family.

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