Less than five months after being revealed in Geneva, prices of the Porsche 911 R have rocketed so high that used examples are selling for up to seven-times the car’s original list price.

Launched in the UK for the very reasonable price of £136,901 (~$180,000), Autocar reports that some examples have already traded on the used market for £1 million ($1.32 million), so absurd is demand for the limited-run model.

Given the car’s utilization of a naturally-aspirated six-cylinder engine, six-speed manual transmission and driver-focused appeal, all 991 examples sold out before the vehicle’s global premiere. The fact that the vehicle was also considered to be the last of its breed when launched has helped boost demand and prices.

Used prices of the 911 R are likely to halt or even fall quite soon however, particularly given the impending launch of the facelifted 991.2 GT3 which will reintroduce a six-speed manual ‘box to the GT3 range.

When revealed, this car could erode prices for the 911 R which apart from a couple of stripes, doesn’t really offer anything the facelifted GT3 won’t. To avoid this, some are speculating that the facelifted GT3 may be turbocharged, leaving the 911 R as the last naturally-aspirated high-performance 911 with a stick shift. Only time will tell.

PHOTO GALLERY