Good Morning! At least we were able to have 5 cars in our Top Sales this morning thanks to a 67% sell-through rate on a handful of cars yesterday. But as you'll read below, the January auction season is here with Arizona auctions starting next week and quite a few lots closing over the next couple of days.
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THE MARKET
Sell-Through Rate: 67%
Market Volume ($): $412,379
Market Volume (units): 9
- Another light day in the market volume-wise. But at least we didn't have a 50% sell-through rate again killing our top sales. Not to worry though, things are about to pick with quite a few auctions closing over the next few days and the circus that is Barrett-Jackson starting next week.
TOP SALES
2015 Porsche 911 Turbo S Cab. $129,777 Bring a Trailer
2014 Porsche 911 Turbo Coupe $102,000 PCARMARKET
1993 Porsche 911 C4 Coupe 5sp $78,964 Bring a Trailer
1985 Porsche 911 Targa 5sp $43,500 Bring a Trailer
356 Speedster Replica $32,250 PCARMARKET
SPOTLIGHT
PHOTO CREDIT BARRETT-JACKSON
The 2023 auction season kicks off next week in Arizona with Barrett-Jackson offering 45 Porsche's all at no reserve. While the majority of cars on the docket are your standard fare, there are a number of high-profile sales that will give us a good look at where we can expect pricing this year thanks to each car finding a home as long as someone bids. While not heavy on vintage offerings, there are quite a few modern classics on offer worth taking a look at before the circus starts.
The most notable car scheduled to cross the block is this 2005 Porsche Carrera GT repainted in a custom shade of Red by the noted shop Karosserie in Wayne, PA. Said to have been painted due to owner preference and not because of damage, it will be interesting to see what this 3,300-mile example brings due to its non-Porsche Classic repaint and a sagging Carrera GT market.
Air-cooled Turbos are well represented with two 930 Turbos, a 964 Turbo 3.6, and not one, but four 993 Turbos on offer, one of which is a 27,000 1997 911 Turbo S finished in Black over Black leather. And while we're talking about low-mileage 993s, this 37,000-mile 1996 911 Carrera 4S looks like an interesting example in Arctic Silver with factory aerokit.
GT cars are also plenty with two 2018 911 GT2 RS Weissach cars, one with only 40 miles, and two 2016 911 GT3 RS'. It's like Noah's Ark of GT cars. The GT highlight though is this 2016 Porsche 911 R finished in White with Red stripes with only 915 miles.
No other auction house matches the extravaganza that is Barrett-Jackson in January. Where else can you bid on a Honda Ruckus scooter and a million-dollar Carrera GT while eating cheese fries and guzzling Coors Light? While our sell-through rate will be inflated next week, we're keen to see where prices land. Popcorn in hand.
NOTEWORTHY SALES
- We haven't seen a bid this low on a Cayman track car in a few years as this 2011 Example failed to cross the low-sale floor of $50,000 with a final bid of $30,303.
- A strong sale for a higher mileage 993, this 1993 Carrera 4 with a 5-Speed manual sold for a solid $78,964 given its 129,000 miles.
- 991 Turbos continue their slide from peak prices in early 2022 with this 2014 911 Turbo Coupe barely cracking $100k to hammer sold at $102,000.
NEW LISTINGS
- Online auctions have upped the game when it comes to photographing cars for sale. Case in point: this 1976 911S Coupe in an "Ice Green Metallic" over Black with Grey inserts has probably one of the best cover photos we've ever seen. Stunner.
- This first-year 2006 Cayman S 6-Speed with 22,000 miles with Tubi-style exhaust gives a great performance in the driving video in the listing. Sounds incredible.
- Miami Blue is one of our favorite colors and especially looks great on this 2018 Porsche Cayman GTS.
AUCTIONS ENDED 1/19
2015 Porsche 911 Turbo S Cab. $129,777 Bring a Trailer
2014 Porsche 911 Turbo Coupe $102,000 PCARMARKET
1993 Porsche 911 C4 Coupe 5sp $78,964 Bring a Trailer
2012 Porsche 911 Carrera S Coupe $51,500 PCARMARKET
2012 Porsche 911 Carrera S Coupe $45,000 PCARMARKET
1985 Porsche 911 Targa 5sp $43,500 Bring a Trailer
356 Speedster Replica $32,250 PCARMARKET
2011 Porsche Cayman Race Car 6sp $30,303 Bring a Trailer
2009 Porsche Cayenne GTS $25,888 Bring a Trailer
*Prices in Red denote a high bid and no sale
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