The Stuttgart Market Letter by Stuttgart Market Letter

All issues

Remove Sunroof, Add $25k. Makes Sense.

All indicators pointing up as we close out the week with some VERY interesting sales.

Good Morning! Well, yesterday was a surprisingly good day! All market indicators are up and there were so many interesting cars sold, we found it difficult to choose what cars to Spotlight and report in Noteworthy Sales. Lots of good stuff this Saturday am.


Did someone forward you this email? Subscribe HERE for daily Porsche market updates.


THE MARKET

Sell-Through Rate: 75%

Market Volume ($): $1,770,364

Market Volume (units): 24



TOP SALES

1955 Porsche 356 Pre-A Speedster $330,000 Bring a Trailer

1993 Porsche 911 Coupe 5sp $185,964 Bring a Trailer

2010 Porsche 911 GT3 $158,000 Bring a Trailer

1998 Porsche 911 C2S Coupe 6sp $153,000 Bring a Trailer

2018 Porsche 911 Targa 4 GTS $150,000 Bring a Trailer


SPOTLIGHT

image

PHOTO CREDIT BRING A TRAILER


What we have here is the highest price paid for a 964 Carrera 2 we've seen all year. Sure, a few low-mileage cars have hit $140k and one car even cracked the $160k mark. But this, this 29,000 mile 1993 911 Carrera 2 5sp sold for $185,964 yesterday, because it had all the right options, and lacked all the right options.


You see, our Spotlight car was a ROW (rest of the world) car originally sold out of Japan where you could get a 964 without a sunroof whereas that was not an option here in the US. And the right option this car does have? That would be the color. The 964 looks stunning in the iconic Maritime Blue which was a feature color of the 964 Carrera RS.


But does the lack of a sunroof and a nice shade of blue command such a value? Yes, RoW sunroof-less cars are rare, and Maritime Blue cars are rarer still. And a much more streetable 964 with all the looks of an RS is quite appealing. So appealing that I think if a similar car came up again in the near future, this price would not seem like a fluke.


To whoever imported this car into the US in 2016, well-sold. And buyer, you now have one hell of a car that might look well-bought in a few years as long as you keep the miles semi-reasonable and the car shiny side up.


NOTEWORTHY SALES


NEW LISTINGS


AUCTIONS ENDED 12/16

2018 Porsche 911 GT2 RS $380,000 Bring a Trailer

1955 Porsche 356 Pre-A Speedster $330,000 Bring a Trailer

2022 Porsche 911 GT3 $225,000 Bring a Trailer

1993 Porsche 911 Coupe 5sp $185,964 Bring a Trailer

2010 Porsche 911 GT3 $158,000 Bring a Trailer

1998 Porsche 911 C2S Coupe 6sp $153,000 Bring a Trailer

2018 Porsche 911 Targa 4 GTS $150,000 Bring a Trailer

1984 Porsche 911 Safari $142,000 Bring a Trailer

2016 Porsche Cayman GT4 Modified $126,000 PCARMARKET

2006 Porsche 911 C2S Club Coupe $100,250 PCARMARKET

1987 Porsche 911 Targa G50 $91,000 Bring a Trailer

2016 Porsche Cayman GT4 $84,888 Bring a Trailer

2013 Porsche 911 C2S Coupe $64,000 PCARMARKET

2016 Porsche Cayenne Diesel $61,000 Bring a Trailer

2012 Porsche Cayman R 6sp $58,000 Bring a Trailer

2014 Porsche 911 C2S Cab. $52,001 Cars & Bids

356 Replica by JPS Motorsports $51,000 Bring a Trailer

2017 Porsche Panamera $46,750 Cars & Bids

2010 Porsche 911 Coupe 6sp $45,100 PCARMARKET

2002 Porsche 911 C4 Cab. 6sp $22,250 Cars & Bids

1970 Porsche 911T Targa Project $19,911 Bring a Trailer

2013 Porsche Cayenne Diesel $19,250 Cars & Bids

2009 Porsche Cayenne $18,000 Bring a Trailer

1998 Porsche Boxster 5sp $17,000 Bring a Trailer


*Prices in Red denote a high bid and no sale

Share
Get the next issue in your inbox
Free, and you can unsubscribe any time.

0 comments

More issues

All 120 →
#58 Dec 16, 2022

A More Reasonable Targa, Maybe?

Read issue →
#57 Dec 15, 2022

Almost $1m Over Pre-Sale Estimates, For What?

Read issue →