Good Morning! Two years from now remember, DO NOT end your car auction on or the night before the election. Things appear to be back to normal in the market after a rough past couple of days led by the sale of yet another 2022 GT3 Touring.

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THE MARKET

Sell-Through Rate: 71%

Market Volume ($): $1,469,851

Market Volume (units): 24

• Thank goodness the mid-terms are over and things are back to "normal". Normal lately has been a sell-through rate in the 70s.
• Strong day for both $ Volume and Unit Volume. Plus we see our first Porsche sold on Hagerty's new auction platform.

TOP SALES

2022 911 GT3 Touring 6sp $288,000 PCARMARKET

1998 911 Carrera S 6sp $209,930 Bring a Trailer

2018 911 GT3 $190,000 Bring a Trailer

1993 RS America $135,000 Bring a Trailer

2011 911 Turbo S Cabriolet $109,000 Bring a Trailer

SPOTLIGHT

PHOTO CREDIT PCARMARKET

Despite what's been happening in the Porsche market, particularly to cars above $100,000, there are a few cars that appear to be immune, for now.

Our Spotlight car, this 2022 911 GT3 Touring 6sp, sold yesterday on PCARMARKET for $288,000, right on the average sale price for the last month. Not too high, not too low. But when you take a closer look at the 2022 GT3 market, that average price line divides the Touring models from the Standard models like the Mason-Dixon Line, with Tourings representing the North above $288k and Standard GT3s and PDK Tourings representing the South below $288k.

So for this car to sell on the line, below most other Tourings but above most other Standard GT3s and PDK Tourings, it makes one wonder if we have a case for a softening market even at the top of the newer 911 GT range.

We've seen this softening over the last few months in the European market which has been hit a bit harder economically than the US. But as interest rates continue to creep up and the threat of recession looms, those willing to pay over sticker might be thinking differently come to the end of the year.

NEW & NOTEWORTHY

• If you missed out on yesterdays RS America, don't worry, you can bid on this 1993 RS America.
• We do love our special editions here like this 2008 Boxster RS60 Spyder 6sp.
• Chapagne Yellow over Houndstooth, check out this stunner of a 1968 912 Targa. Swoon.

AUCTIONS ENDED 11/9

2022 911 GT3 Touring 6sp $288,000 PCARMARKET

1998 911 Carrera S 6sp $209,930 Bring a Trailer

2018 911 GT3 $190,000 Bring a Trailer

1972 911T Coupe $170,000 Bring a Trailer

2020 911 Carrera 4S Cabriolet $135,000 Bring a Trailer

1993 RS America $135,000 Bring a Trailer

2015 911 Turbo Coupe $129,991 PCARMARKET

1959 356A 1600 Coupe $129,900 Bring a Trailer

2010 911 Turbo Coupe $113,500 PCARMARKET

2011 911 Turbo S Cabriolet $109,000 Bring a Trailer

Vintage Motors 356 Speedster Replica $66,000 Bring a Trailer

2015 Cayman S $59,981 Bring a Trailer

2009 911 Carrera Coupe 6sp $57,300 Bring a Trailer

1967 912 Coupe 5sp $54,000 Bring a Trailer

1995 911 Carrera Cabriolet $53,993 Bring a Trailer

1986 911 Carrera Coupe $51,000 Bring a Trailer

2007 911 Turbo Coupe $50,911 Cars & Bids

1978 911SC Targa $50,000 PCARMARKET

1976 911S Coupe 5sp $40,000 Bring a Trailer

2003 911 Carrera Targa 6sp $37,000 Bring a Trailer

1999 911 Carrera Coupe 6sp $26,500 Bring a Trailer

2004 Boxster S 550 Anniversary Edition $20,236 Bring a Trailer

1992 968 Cabriolet $18,000 Hagerty

2006 Cayenne S Titanium Edition $16,500 Bring a Trailer

*Prices in Red denote a high bid and no sale