What's all this about?

Barely has the 992 Porsche 911 Targa been announced than we've got a special version. The first of four collector's models coming from Porsche in the near future, the Targa 4S Heritage Design edition harks back to the marque's glittering history with a retro paintjob, a luscious interior, exterior decals and subtle important details that nod to the past.

Can you expand on all of this?

Porsche will limit the Targa 4S Heritage Design to just 992 units, which of course is the internal series designation of this generation of 911. Each one will cost from £136,643 and will come in one of five colours, the one you can see in the pictures being Cherry Metallic. White livery and spear-shaped motorsports graphics on the front wings are teamed to a Porsche Heritage badge on the luggage compartment grille, an item which is designed to look like the Porsche 356 logo which was once awarded to cars reaching the 100,000km (62,137 miles) mark. This Heritage badge will be seen on all four Porsche Heritage Design models.

Even more historical poignancy is provided by the Porsche Crest of 1963 being used on the bonnet, steering wheel, centre caps for the alloys and the 992 Targa's key, and it is also embossed on the head restraints of the seats and the pouch for the aforementioned car key. The Targa 4S Heritage Design edition also runs on 20-inch front, 21-inch rear Carrera Exclusive Design alloy wheels and has black 'classic-look' brake callipers.

It looks amazing. What about that cabin, though?

Two-tone leather sees Bordeaux Red leather mixed with Olea club leather in Atacama Beige. If you fancy toning back the red a bit, or you don't pick the Cherry Metallic bodywork, then Black leather over the Atacama is also possible. Those of a keen-eyed persuasion might spot corduroy on the seats and door trims, a material once used in the 356, while the rev counter and stopwatch with classic design are both illuminated green. This limited-edition Targa 4S also has a perforated roofliner in microfibre fabric and extensive Exclusive Manufaktur leather trim for various surfaces. A gold metal badge on the trim panel of the dashboard displays the 911 logo and the individual limited-edition number of the Targa in question.

As with any Targa 4S of the 992 series, you get the 450hp twin-turbo flat-six 3.0-litre engine, which in this case is allied to the eight-speed PDK dual-clutch gearbox, with the seven-speed manual an option. Expect 0-62mph in around 3.6 seconds and a top speed of 189mph from this Heritage Design model.

I feel like I've seen a Heritage Design 911 before. Have I?

You've got a good memory. It was used on an open-top 991-series 911, but - in that instance - it wasn't the old Targa which gained the livery. Instead, a retro-looking paint scheme was applied to the seminal 911 Speedster. So the 992 Targa is in very good company indeed.

We're not finished with the 992 Targa 4S Heritage Design model, though. Owners who are interested can also buy the 911 Targa 4S Heritage Design chronograph, a watch which is also limited to 992 units to match the car. Its design mimics both the 356 and the 911 Targa, with a white hand to count the seconds, the font used for the face and a set of 'Phosphorous Green' rings. Furthermore, the hour indices are designed in Porsche's typical lettering and the genuine-Porsche-leather strap is embossed with a '911' logo.

Oliver Blume, chairman of the executive board of Porsche AG, said: "We are evoking memories of the 1950s, 1960s, 1970s and 1980s in customers and fans with the Heritage Design models. No brand can translate these elements into the modern day as well as Porsche. In this way, we are fulfilling the wishes of our customers. With the exclusive special editions, we are also establishing a new product line which stands for the 'lifestyle' dimension in our product strategy."