Good Morning! I hope you're on your way to enjoying your local cars & coffee or other automotive event today. It's the weekend! Act like it.
THE MARKET
Sell-Through Rate: 91%
Market Volume: $3,636,280
- Now that's a sell-through rate we are used to seeing. The ~70% we've seen all week was beat down yesterday with strong sales on both Bring a Trailer and PCARMARKET.
- With more sales comes a higher market volume, aided of course by our feature car this morning.
TOP SALES
1989 911 Reimagined by Singer $1,300,000 PCARMARKET
2011 911 GT2 RS $570,000 PCARMARKET
2022 GT3 6-Speed $292,000 Bring a Trailer
1989 911 Speedster $230,000 Bring a Trailer
1957 356A Coupe $159,000 Bring a Trailer
SPOTLIGHT
PHOTO CREDIT PCARMARKET
For the first time at auction, a 911 Reimagined by Singer moves from hovering around the $1m mark to $1,300,000. That's a big jump when other price trends are starting to head in the other direction. Was this sale a fluke or has a new bar been set?
The last Singer we saw cross the auction block was in March of this year. This Rubystone Red Targa sold for $1,100,000 on Bring a Trailer beating the previous high sale of a Singer by $50,000.
Since that sale, Singer's founder, Rob Dickenson has announced that the company has "stopped taking orders" capping production of their 'Classic' 911 at 450 units in order to focus on their newly launched Turbo model leaving only the used market to sattisfy the demand.
How much demand is there? Well we will find out as there is a second Singer 911 on Bring a Trailer ending in 10 days.
NEW & NOTEWORTHY
- This 1970 914/6 last sold at auction in 2020 for $101,000. Now it's for sale again with a few more miles and recent service.
- What do you do when you finally take delivery of your 2022 GT3 Touring? You list it the next day with 35 miles.
- This Safari-Style 1983 911 SC looks the part for your fall camping adventures.
- If you love Blue like we do here at SML, than this 2017 911 Targa 4S Exclusive Design Edition is surely a car on your Blue/Blue list.
AUCTIONS ENDED 10/14
1989 911 Reimagined by Singer $1,300,000 PCARMARKET
2011 911 GT2 RS $570,000 PCARMARKET
2022 GT3 6-Speed $292,000 Bring a Trailer
1989 911 Speedster $230,000 Bring a Trailer
1957 356A Coupe $159,000 Bring a Trailer
1997 911 Carrera 2 6-Speed $141,000 Bring a Trailer
1980 911SC Targa $130,000 Bring a Trailer
2021 718 Cayman GT4 $127,000 PCARMARKET
1986 911 Turbo Coupe $111,930 Bring a Trailer
2017 911 Carrera S Endurance Racing Edition $106,000 Bring a Trailer
2011 Boxster Spyder 6-Speed $92,000 Bring a Trailer
2012 911 Carrera 4 GTS Coupe $85,500 Bring a Trailer
2017 911 Carrera Cabriolet $72,000 Car & Bids
2008 911 C2S Coupe 6-Speed 61,000 Bring a Trailer
2010 911 Carrera S Coupe $55,500 Bring a Trailer
1977 911 S Coupe $55,000 PCARMARKET
2019 Macan S $52,000 PCARMARKET
2009 911 C4S Cabriolet 6-Speed $45,500 Bring a Trailer
2011 Cayman S $36,250 Cars & Bids
2000 911 Carrera 4 Cabriolet 6-Speed Bring a Trailer
2005 Boxster S 6-Speed $24,750 Bring a Trailer
2001 Boxster S 6-Speed $22,000 Bring a Trailer
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