Good Morning! Ok, I'm just going to get it out of the way now. Talk to you next year! Now with that, we had quite a busy yesterday with over 20 auctions closing. Some very interesting sales and a few big-money cars failed to come close to the reserve. A sign of things to come next year?
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THE MARKET
Sell-Through Rate: 64%
Market Volume ($): $894,550
Market Volume (units): 22
- Lots of auctions ended yesterday before the New Year's weekend. Unfortunately, the big money was already off for the weekend as our dollar volume failed to pass $1m despite over 20 cars ending.
TOP SALES
2016 Porsche 911 GTS Coupe 7sp $139,000 Bring a Trailer
2015 Porsche 911 Turbo S Coupe $125,000 Bring a Trailer
1996 Porsche 911 C4S Twin Turbo $125,000 PCARMARKET
2016 Porsche 911 C4S Cab. $107,000 Bring a Trailer
1979 Porsche 911 Turbo $105,000 PCARMARKET
SPOTLIGHT
PHOTO CREDIT BRING A TRAILER
The older a car gets, the further we see a spread in prices based on condition more so than mileage. Case in point, two 1974 Porsche 914 2.0s that both ended yesterday on Bring a Trailer with one bringing $36,000 and one ending with a high bid of $8,000.
Our Spotlight car, the Yellow example pictured above has 67,000 miles since new, all driven by the same family. The yellow re-spray is in decent condition, and the interior has a few minor niggles, but overall a fairly solid car. After 37 bids and 101 comments, this 914 found a new home at $36,000 amid cheers from the selling family.
The other 914 on offer yesterday was a white example showing 64,000 miles. It was purchased by the seller earlier this year and sported an "interesting" interior choice as well as a few new bits and bobs to get her ready for sale. Plenty of surface rust, a bit of oil leaking, and a trick starting sequence let us know that this car would be a fun driver but far from a full restoration candidate. The seller did a very good job of documenting the car for what it was and representing it. But at the end of the day, after 25 bids and 37 comments, she's staying home.
I'm sure the high bidder wasn't too far off the reserve of the White car, hopefully, they can come to an agreement with the seller and the car will live to drive another day. As far as our Yellow car goes, both sides should be very pleased with the buyer getting a great example with full history to enjoy and the selling family getting a decent payday and the knowledge that the next custodian will love the car as much as they have. Well done by both parties.
NOTEWORTHY SALES
- A slowing market, track use, and slight damage put this 2018 911 GT2 RS Weissach just over MSRP at $376,000, which wasn't enough to take it home.
- The Tiptronic transmission, unresponsive seller, and fishy stories certainly didn't help this 7,000-mile 1995 911 get into the $100k territory one would expect for such a car.
- What do you do when 993 Turbos are out of reach? You do the next best thing: twin-turbo a 993 C4S, add Speedlines and a GT2 wing. This 33,000-mile 1996 C4S was a great buy at $125,000. You can't get a real Turbo for that money or replicate this build.
NEW LISTINGS
- This low-mileage 1987 911 Turbo Coupe M505 Slant Nose is already a bit shy of $100k after being online for a few hours. Grand Prix White over Black combo plus 18k miles should bring all the money.
- Finally, a 2022 911 GT3 that's been driven! Yes, 5,000 miles isn't a ton but it's a lot more than the 100 delivery mile cars we've seen the last few months. Let's hope they have a realistic reserve.
- Whoever specced this 2010 911 Turbo back in 2009 certainly checked all the boxes. Aerokit, PDK, PCCB, 19" RS Spyder Wheels, the list goes on.
AUCTIONS ENDED 12/30
2018 Porsche 911 GT2 RS Weissach $376,000 Bring a Trailer
1962 Porsche 356B Twin Grill Roadster $254,000 Bring a Trailer
2022 Porsche 911 C4 GTS Coupe Aerokit $158,500 PCARMARKET
2016 Porsche 911 GTS Coupe 7sp $139,000 Bring a Trailer
2015 Porsche 911 Turbo S Coupe $125,000 Bring a Trailer
1996 Porsche 911 C4S Twin Turbo $125,000 PCARMARKET
2016 Porsche 911 C4S Cab. $107,000 Bring a Trailer
1979 Porsche 911 Turbo $105,000 PCARMARKET
2009 Porsche 911 Turbo Cab. 6sp $90,069 Bring a Trailer
1995 Porsche 911 Coupe $72,000 Bring a Trailer
356 Replica by Vintage Speedsters $60,000 Bring a Trailer
2012 Porsche Cayman R 6sp $60,000 PCARMARKET
2019 Porsche 718 Cayman GTS $55,500 Cars & Bids
1985 Porsche 911 Cab. $50,000 Bring a Trailer
2005 Porsche 911 C2S Cab. 6sp $37,100 Bring a Trailer
1974 Porsche 914 2.0 $36,000 Bring a Trailer
1999 Porsche 911 Cab. $25,500 Bring a Trailer
1992 Porsche 968 Cab. 6sp $25,250 Bring a Trailer
2003 Porsche Boxster S 6sp $23,500 Bring a Trailer
2006 Porsche Cayenne Turbo S $23,000 Bring a Trailer
2002 Porsche Boxster S 6sp. $13,200 Cars & Bids
1974 Porsche 914 $8,000 Bring a Trailer
*Prices in Red denote a high bid and no sale
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