Autoblog and Yahoo may earn commission from links in this article.The 2026 Porsche 911 Carrera 4 GTS is a milestone car, the first hybrid 911 in the model's history, and this Cabriolet pairs that new T-hybrid powertrain with open-top flat-six drama. Finished in striking Lugano Blue with full paint protection film and just 3,100 miles, it is on Cars and Bids at $108,000 with three days to go, an early figure well below its true value.2026 Porsche 911 Carrera 4 GTS Cabriolet Cars & BidsWhat it's worth right nowAs a current-model, essentially new 911, this trades close to sticker. According to Classic.com and manufacturer pricing, the Carrera 4 GTS Cabriolet carries a base MSRP around $187,995, with well-optioned examples like this one, with center-lock wheels, rear-axle steering, SportDesign trim, and special paint, running comfortably above $200,000, and nearly-new cars generally trading around that level.AdvertisementAdvertisementThis car's essentially new condition, desirable color, and full PPF support a value near MSRP. The titling and equipment notes below are the main things to weigh. At $108,000 with three days remaining, the bidding is an early placeholder and should climb substantially toward the reserve.2026 Porsche 911 Carrera 4 GTS Cabriolet Cars & BidsCondition and detailsThe car is essentially new and well specified. Finished in Lugano Blue over black with a black soft top, it carries 20-inch front and 21-inch rear center-lock wheels, rear-axle steering, Porsche Active Suspension Management, SportDesign side skirts, 14-way heated and ventilated sport seats, a Bose sound system, and wireless Apple CarPlay, with the T-hybrid powertrain producing a combined 532 horsepower through the eight-speed PDK and all-wheel drive. Full paint protection film has been applied, and it comes with two keys and the window sticker.2026 Porsche 911 Carrera 4 GTS Cabriolet Cars & BidsTwo things deserve attention. First, the titling: the car is sold on a Manufacturer's Certificate of Origin and will be titled as new to the buyer through the dealership. It is a dealer demonstrator, bought by the dealership's owner, driven roughly 3,100 miles over about four weeks, and then returned to inventory, so despite the new titling it is not literally brand-new, and a commenter rightly pressed on that distinction. Confirm the warranty in-service date and how the new-car and any certified coverage apply. Second, several commenters noted the absence of the front-axle lift system, which many buyers consider essential on a car this low for clearing driveways and ramps, so factor that in.2026 Porsche 911 Carrera 4 GTS Cabriolet Cars & BidsThe offerSpecificationDetailMakePorscheModel911 Carrera 4 GTS CabrioletYear2026Mileage3,100 milesEngineT-hybrid turbocharged 3.6-liter flat-six with two electric motorsPower532 hp and 449 lb.ft of torque combinedTransmission8-speed PDK dual-clutchDrive typeAll-wheel driveExterior colorLugano BlueInterior colorBlackCurrent bid$108,000, with three days leftInterested in this 2026 Porsche 911 Carrera 4 GTS Cabriolet? View the listing here.What makes the Carrera 4 GTS uniqueThe 992.2 Carrera GTS marks a genuine turning point for the 911: it is the first production version to pair the flat-six with electric assistance. Porsche's T-hybrid system is not a plug-in and is not about silent electric running; instead, it uses a larger 3.6-liter turbocharged flat-six alongside two electric motors, one integrated into the turbocharger to eliminate lag and spool it almost instantly, and another built into the PDK transmission for immediate low-end torque. A small, light battery mounted at the front axle aids weight distribution, and the result is a sharper, more responsive 911 that still sounds and feels like a 911.2026 Porsche 911 Carrera 4 GTS Cabriolet Cars & BidsAdvertisementAdvertisementIn Carrera 4 GTS Cabriolet form, that cutting-edge powertrain is paired with all-wheel-drive security, rear-axle steering, and a quick-folding soft top that lets the flat-six soundtrack fill the cabin. It sits above the standard Carreras and below the Turbo and GT cars, offering a compelling blend of everyday usability, serious performance, and milestone hybrid technology.My takeThis is a significant 911, and an appealing example of it. The first hybrid 911 is a landmark, and the T-hybrid system delivers real gains in response and performance without diluting the character that makes a 911 special, all wrapped in a striking Lugano Blue Cabriolet with full PPF. Essentially new with 3,100 miles, it lets a buyer skip the wait and any dealer markup on a fresh allocation.Fair value sits in the $195,000 to $225,000 range, most likely around $205,000 to $215,000 depending on the full options list, so expect the bidding to climb well past its current level toward the reserve. Before committing, confirm exactly how the warranty applies given the new titling and dealer-demo history, and decide whether the missing front-axle lift matters for your driveways. Handle that, and you own a milestone, essentially new open-top 911.Disclaimer: This post is for informational purposes only. We are not a dealership or broker. All vehicle specifications, pricing, and availability are subject to change without notice. We are not responsible for typographical errors, omissions, or the accuracy of the provided information. Please verify all details directly with the seller.AdvertisementAdvertisementAutoblog aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.This story was originally published by Autoblog on Aug 22, 2026, where it first appeared in the Car Buying section. Add Autoblog as a Preferred Source by clicking here.