The Stuttgart Market Letter by Stuttgart Market Letter

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New Cayenne High, Very-High

$55,000 for a 111,000 mile Cayenne w/an accident. WTF?!

Good Morning! We saw a solid weekend at Bring a Trailer and at GAAs November sale produce some very good results and a decent sell-through rate compared to the market overall.


Still scratching our heads around the $62,500 914 2.0 no-sale. The seller should have taken the money and ran.


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THE MARKET

Sell-Through Rate: 79%

Market Volume ($): $2,066,116

Market Volume (units): 28



TOP SALES

2011 911 GT2 RS $625,000 Bring a Trailer

2019 911 Turbo S Cabriolet Exclusive Series $274,000 Bring a Trailer

1961 356B Cabriolet $182,000 Bring a Trailer

2021 718 Cayman GT4 $126,000 Bring a Trailer

1997 911 Carrera Coupe 6sp $106,000 Bring a Trailer


SPOTLIGHT

image

PHOTO CREDIT BRING A TRAILER


Pretend you didn't see the picture above and ask yourself what a 111,000-mile twelve-year-old Porsche Cayenne with accident history on the CarFax would sell for. $15,000? Maybe $20,000? Or perhaps it was a GTS so $25,000?


So why on earth did this 2010 Cayenne sell for almost $55,000? Even if you saw the picture above that figure is still hard to believe. Yes, it's a rare Transsyberia Cayenne in the perfect color spec. But $54,957... come on!


Truth be told this is the rarest of the rare, one of only 3 (yes three) Transsyberia Cayennes that came from the factory with a 6-Speed transmission. With the rise in profile and price of off-road modified Cayennes, having the original "off-road" factory Cayenne with a manual transmission trumps any facts that would be a negative on most collector cars.


The seller could have asked anything for this SUV and his email would have been flooded with potential buyers lining up for the chance to own a unicorn. The buyer now owns one of the rarest Porsches in the history of the marque. An amazing deal for both sides on a Cayenne that I would put in my garage for sure.


NEW & NOTEWORTHY


AUCTIONS ENDED 11/5-11/6

2011 911 GT2 RS $625,000 Bring a Trailer

2019 911 Turbo S Cabriolet Exclusive Series $274,000 Bring a Trailer

1961 356B Cabriolet $182,000 Bring a Trailer

2021 718 Cayman GT4 $126,000 Bring a Trailer

1997 911 Carrera Coupe 6sp $106,000 Bring a Trailer

2001 911 GT3 $96,000 Bring a Trailer

1967 911 Coupe $96,000 Bring a Trailer

1987 911 Carrera Targa $90,000 Bring a Trailer

2018 911 Carrera T 7sp $84,000 Bring a Trailer

2008 911 Turbo Coupe $78,100 Bring a Trailer

2012 911 Carrera S Coupe $64,000 Bring a Trailer

1973 914 2.0 $62,500 GAA

2005 911 Carrera S Coupe 6sp $57,500 Bring a Trailer

2002 911 Turbo $55,000 GAA

2010 Cayenne S Transsyberia 6sp $54,957 Bring a Trailer

356 Speedster Replica by Vintage Speedsters $50,365 Bring a Trailer

2006 911 Carrera Cabriolet 6sp $44,500 Bring a Trailer

2008 Cayenne Turbo $41,500 Bring a Trailer

2000 911 Carrera 4 Cabrilet 6sp $36,000 Bring a Trailer

2010 Boxster 6sp $30,000 Bring a Trailer

1976 912 $29,500 GAA

1986 944 Turbo $28,500 GAA

1995 968 $26,000 GAA

2004 911 Carrera $25,750 GAA

2003 911 Carrera Coupe $25,500 Bring a Trailer

1988 928 S4 $25,500 GAA

1987 944S 5sp $13,944 Bring a Trailer

1987 944 5sp $7,100 Bring a Trailer


*Prices in Red denote a high bid and no sale

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