The Stuttgart Market Letter by Stuttgart Market Letter

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A More Reasonable Targa, Maybe?

Was the 4th time a charm for a rare soft window targa?

Good Morning! Well, no crazy million-dollar sales yesterday but we do have an interesting car that's been a regular on auction sites around the world this year. Might be time to pack it away and wait for the next rally, guy.


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THE MARKET

Sell-Through Rate: 67%

Market Volume ($): $844,578

Market Volume (units): 18



TOP SALES

2011 Porsche 911 Turbo Coupe 6sp $165,000 Bring a Trailer

2020 Porsche 911 C4S Coupe $127,000 Bring a Trailer

2017 Porsche 911 Targa 4 GTS $107,991 PCARMARKET

2001 Porsche 911 Turbo Coupe 6sp $95,000 Bring a Trailer

1996 Porsche 911 Cab. 6sp $78,000 Bring a Trailer


SPOTLIGHT

image

PHOTO CREDIT BRING A TRAILER


After yesterday's '72 Targa sale at over $1m (which we're still scratching our heads about), we were anxious to see what the market for a soft-window Targa really is. But this 1968 911S Targa fell short with a $140,000 bid over on PCARMARKET. But to be honest, we weren't really surprised.


This car has been no stranger to the auction scene this year first being offered on Collecting Cars in February where it failed to sell and then again in April... where it failed to sell again. Then in July, it was offered at Articurial's Le Mans Classic sale where, drum roll please, it failed to sell yet again.


So by now, the astute among you might have guessed that the location of the car is not in the US. It was in fact being sold from France to a primarily US audience based on the auction venue. Maybe the seller thought nobody would notice or perhaps the fourth time would be a charm.


Either way, this car was destined to be a no-sale with one German bidder present and others hoping to steal a soft-window Targa to import into the US market and make a quick buck. Well-not-sold.


NOTEWORTHY SALES


NEW LISTINGS


AUCTIONS ENDED 12/15

2011 Porsche 911 Turbo Coupe 6sp $165,000 Bring a Trailer

1968 Porsche 911S Soft Window Targa $140,000 PCARMARKET

2020 Porsche 911 C4S Coupe $127,000 Bring a Trailer

2017 Porsche 911 Targa 4 GTS $107,991 PCARMARKET

2017 Porsche 911 GTS Coupe $102,000 Bring a Trailer

2001 Porsche 911 Turbo Coupe 6sp $95,000 Bring a Trailer

1996 Porsche 911 Cab. 6sp $78,000 Bring a Trailer

1983 Porsche 911SC Cab. $65,500 Bring a Trailer

2013 Porsche 911 C4 Coupe 7sp $58,000 Bring a Trailer

2006 Porsche 911 C2S Coupe 6sp $48,700 Bring a Trailer

1964 Porsche 356C 1600 Coupe $45,250 PCARMARKET

2015 Porsche Cayman $41,000 PCARMARKET

1999 Porsche 911 Cab. 6sp $36,999 Bring a Trailer

2007 Porsche 911 Coupe $32,000 Cars & Bids

2008 Porsche Boxster S 6sp $29,500 Bring a Trailer

2005 Porsche Cayenne Turbo $27,138 Bring a Trailer

2003 Porsche 911 Cab. 6sp $19,250 PCARMARKET

2008 Porsche Boxster S 6sp $16,000 Cars & Bids


*Prices in Red denote a high bid and no sale

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