Good Morning! Allow me a trip down memory lane in today's Spotlight as I realize I could have paid for at least one of my kid's college education had I held onto my RS America instead of selling it years ago.
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THE MARKET
Sell-Through Rate: 76%
Market Volume ($): $989,739
Market Volume (units): 17
- The market continues to sell through in the 70s while we were just one car away from crossing the $1m mark.
- A 912 cracks our top five for the first time. Will these be $100k cars eventually?
TOP SALES
2018 911 GT3 6sp $187,000 Bring a Trailer
1993 911 RS America $165,000 Bring a Trailer
1989 911 Carrera Coupe $100,000 Bring a Trailer
2012 911 Carrera GTS Coupe 6sp $93,911 PCARMARKET
1968 912 Targa 5sp $85,912 Bring a Trailer
SPOTLIGHT
PHOTO CREDIT BRING A TRAILER
$165,000. $165,000 for a car that was once known as "the fake RS" with Porschephiles ridiculing the US special RS America for being a softer version of the real RS' that the rest of the world enjoyed and held so dear. But some of us had an inkling that this car would be special. But maybe not this special.
Back in 2006, a 1993 RS America was traded into the Porsche dealership I was working at for just shy of $30,000 and I immediately fell in love with the looks, the feel, the smell, and the cloth seats. I begged the used car manager to sell me the car as they were just going to wholesale it out because it was too old to CPO and was "just a used car".
I drove the car all summer ripping through the back roads of rural New Jersey, experiencing my first taste of an air-cooled 911 and driving in my opinion, "something special". But, I honestly couldn't afford to keep it and stuck to my original plan of "flapping" the car, selling it later that Fall for $39,000, and pocketing an incredible (for me) $9,000 profit. Hindsight.
So what catapulted the 911 RS America into collector territory? It's still not a "real" RS, but anything low production and special these days command a premium of the normal everyday 911s.
This RS America sold yesterday on Bring a Trailer with 85,000 miles and minor suspension modifications for $165,000, showing that momentum for RS America sales is still strong and extending the drop-off in the price for mileage by another 20,000 miles.
Today, I'd have to say this driver-quality car was well sold, and five years from now I'm sure we'll be saying that this was well-bought as more people realize what a fun, special car this is and prices for "real" RS' continue to shoot up.
NEW & NOTEWORTHY
- If an 85,000-mile RS America is worth $165k, how close to $200k will this 56,000-mile RS America go?
- Achieve club racing glory with this 1995 Porsche 911 Supercup Race Car that raced in the German Carrera Cup and Supercup series.
- Yes, another GT2 RS Weissach with low miles. At least this one's mileage is not 3 digits, just a low 4.
AUCTIONS ENDED 11/16
2018 911 GT3 6sp $187,000 Bring a Trailer
1993 911 RS America $165,000 Bring a Trailer
1973 911E Coupe $121,000 Bring a Trailer
1989 911 Carrera Coupe $100,000 Bring a Trailer
2012 911 Carrera GTS Coupe 6sp $93,911 PCARMARKET
1968 912 Targa 5sp $85,912 Bring a Trailer
1974 911 Carrera Targa 5sp $85,000 PCARMARKET
1959 356A Coupe $67,500 Bring a Trailer
1996 911 Carrera Coupe 6sp $61,500 Bring a Trailer
2003 911 Turbo Coupe 6sp $54,000 Bring a Trailer
2008 Boxster RS60 Spyder 6sp $42,000 Bring a Trailer
2015 Cayman S $39,416 Bring a Trailer
2009 Cayenne Turbo S 36,000 Bring a Trailer
1974 911 Coupe 5sp $35,000 PCARMARKET
1997 Boxster 5sp $19,000 Bring a Trailer
2000 Boxster S 6sp $15,000 PCARMARKET
1982 928 S $10,000 PCARMARKET
*Prices in Red denote a high bid and no sale
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