Representing what may be the biggest departure in design of any generation of 911 to another, the fifth-generation 911 (Type 996) was the first production iteration of Porsche’s seminal model to include a water-cooled motor. Between this and the cost-saving measure of using the same front clip between the 911 and the less-expensive Boxster, purists were quick to proclaim the company had lost its way. Critics and enthusiasts, however, recognized the changes for what they were: Porsche needed to not only bring the model into the 21st century, but had to do so from a clean slate to ensure performance, comfort, and safety were improved corresponding to buyers’ tastes.

Following the base model’s release in 1998, Porsche released the Turbo variant for 2002. Only available in AWD and featuring a twin-turbocharged 3.6L Flat-6, the car offered supercar performance and everyday drivability – even more so than previous Turbos. A year later, the company announced the’X50′ performance package. Using elements from the range-topping, ultra high-performance GT2 such as larger turbos, an improved intercooler, and other changes, power was increased from 415 to 450hp. Carbon-ceramic brakes from the GT2 were an option, as were plenty of luxury features. As is typical, the 996-generation Turbos have held (and gained) their value more strongly than standard cars. As air-cooled 911s have surpassed most average enthusiast’s budgets, attention has turned to the 996 and later cars. As such, values have raised steadily, with special and/or well-equipped cars standing above the rest.

The superlative 2004 Porsche 911 Turbo ‘X50’ Cabriolet featured here is finished in distinctive Atlas Grey Metallic over Savanna Beige Full Supple leather with a Black power convertible top.