Good Morning! If you're like us, you probably skipped the camping out in front of Best Buy to get a deal on a no-name brand television yesterday. Instead, we were watching all of the action online on a busy Black Friday.
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THE MARKET
Sell-Through Rate: 74%
Market Volume ($): $1,960,922
Market Volume (units): 23
- The Black Friday shoppers were out in force yesterday and on Bring a Trailer giving us a sell-through rate of over 70% and almost $2m in sales.
- Of the 23 units, 21 were on BaT while 2 sold on Hagerty's new auction platform.
TOP SALES
2019 Porsche 911 GT2 RS Weissach $475,000 Bring a Trailer
1993 Porsche 911 Turbo 3.6 $380,000 Bring a Trailer
1992 Porsche 911 Turbo $171,000 Bring a Trailer
2021 Taycan Turbo S $161,000 Bring a Trailer
1996 Porsche 911 C4S Coupe 6sp $151,000 Bring a Trailer
SPOTLIGHT
PHOTO CREDIT BRING A TRAILER
To be quite honest I was genuinely surprised to see this Taycan Turbo S sell for $161,000 on Bring a Trailer yesterday. That's $48,000 less than its $209,330 sticker price. It wasn't too long ago that his car would have been at or above.
Due to the global supply chain mess and chip shortage, Taycan's like everything else became hot commodities earlier this year. You see, being an electric car, the Taycan takes double the chips than something like a 911. So you could reasonably assume that you could build two 911 for every Taycan based on chips.
Now, building fewer Taycans would have been fine, if you lived in every other state East of California. But the appetite for Porsche's electric rocket ship was so ravenous in California that dealers everywhere else were bombarded with calls from The Golden State and sent their wagons West.
But now it looks like that market is softening as this Santa Clara California car has found a new home for less than what would be expected. The seller should have considered selling a bit earlier, but the buyer could probably find an even better deal in a few months once more of these hit the market. Going to call this one a draw.
NEW & NOTEWORTHY
- A 964 Restomod that is not a Singer, but looks like Singer: 1992 964 by GS Manufaktur.
- A previously withdrawn 2016 Cayman GT4 is back after the damage the car sustained during its last auction has been addressed.
- Cayenne Diesels are getting harder and harder to find. Consider pulling the trigger on this 2014 example finished in Dark Blue Metallic.
AUCTIONS ENDED 11/25
2019 Porsche 911 GT2 RS Weissach $475,000 Bring a Trailer
1993 Porsche 911 Turbo 3.6 $380,000 Bring a Trailer
2018 Porsche 911 GT3 6sp $173,000 Bring a Trailer
1992 Porsche 911 Turbo $171,000 Bring a Trailer
2021 Taycan Turbo S $161,000 Bring a Trailer
1996 Porsche 911 C4S Coupe 6sp $151,000 Bring a Trailer
2022 Porsche 911 C4S Coupe $150,000 Bring a Trailer
2021 Porsche 718 Boxster GTS 4.0 $92,500 Bring a Trailer
2016 Porsche 911 C4S Coupe 7sp $88,500 Bring a Trailer
2005 Porsche 911 Turbo S Coupe 6sp $68,996 Bring a Trailer
2013 Porsche 911 S Coupe $68,500 Bring a Trailer
1984 Porsche 911 Coupe $58,750 Bring a Trailer
1973 Porsche 911T Targa $51,000 Bring a Trailer
1980 Porsche 911SC $51,000 Bring a Trailer
1987 Porsche 911 Cab. $40,500 Hagerty
2005 Porsche 911 Coupe 6sp $35,299 Bring a Trailer
1986 Porsche 944 Turbo $35,000 Bring a Trailer
2005 Porsche Cayenne Turbo $31,050 Bring a Trailer
2004 Porsche 911 C4S Cab. 6sp $27,250 Bring a Trailer
2000 Porsche 911 Coupe 6sp $23,077 Bring a Trailer
1988 Porsche 944 Celebration Edition $18,750 Bring a Trailer
2004 Porsche Cayenne S $12,333 Bring a Trailer
2001 Porsche Boxster S 6sp $11,500 Hagerty
*Prices in Red denote a high bid and no sale
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