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THE MARKET

Sell-Through Rate: 80%

Market Volume ($): $933,094

Market Volume (units): 15

• So close to the $1m mark yesterday after a slow start to the week on Monday. An 80% sell-through rate isn't bad either off of 15 cars.

TOP SALES

2018 Posche 911 GT3 6sp $201,000 PCARMARKET

2019 Porsche 911 Turbo S Cab. $172,500 Bring a Trailer

1993 Porsche 911 RS America $172,500 Sackey & Co.

1986 Porsche 911 Turbo Coupe $85,250 PCARMARKET

1988 Porsche 911 Coupe G50 $60,501 Bring a Trailer

SPOTLIGHT

PHOTO CREDIT SACKEY & CO.

There never seems to be a shortage of low-mile 1993 911 RS America's. We've seen 11 cars with less than 50,000 miles from a total of 29 cross the auction block in the last 12 months alone. That's almost one per month. But when this example showed up for sale last week, we honestly thought there was a very good chance it wouldn't sell.

And not because the RS America market is particularly soft. In fact, today's market looks even stronger than at the end of 2021. The sell-through rate is solid as well besting the overall Porsche market with a 76% STR in the last twelve months. What gave us pause was that this 1993 911 RS America was being offered by Sackey & Co. An online auction house that has only run 6 cars total in the last year, with four of those finding a home.

Luckily, bidders were in fact present and our Spotlight car sold for a solid market correct price of $172,500. Finished in Guards Red over Black Cloth, this car was built with all four options: locking limited-slip differential, stereo, A/C, and electric sunroof. With plenty of service records and a clean CarFax, the only other item missing from the presentation was paint meter readings. Not a deal breaker, but I would have asked for them.

Speaking of asking questions, one of the things absent from Sackey & Co's platform is the ability to comment. You can contact the auction company with questions but there is no way to engage directly with the seller or offer your .02. You are still able to see bids, however, you only see the state in which the bidder is located. This RSA had 16 bids starting at $50,000 and gradually increasing over the days until a final bid of $140,000 was reached. The car ended up selling post-auction at $172,500. Kinda makes us think.

NOTEWORTHY SALES

• This 2019 911 Targa 4 GTS finished in GT Silver Metallic over black was bid right on the money at $130,000. Unfortunately, the seller wanted a bit more to take her home. The car was fairly well optioned out but had 23,000 miles on the odo. Should have sold.
• Solid money at $16,993 for this 1993 968 Coupe. The Grand Prix White paint looked great for 135,000 miles as did the Light Gray Leather. The only thing this one was missing was a manual transmission.
• Here we have the first 991 GT3 to crack the $200k mark this year, although just barely at $201,000. What used to be commonplace now takes a low mileage car in a PTS shade like this 2018 GT3 6-Speed in Mexico Blue with 11,000 miles.

NEW LISTINGS

• This first-generation 2012 Boxster Spyder is a ton of car for the money. Finished in Black over Black and featuring a 6-speed, Sport Chrono Package, and Sport Exhaust, expect this one to sell somewhere around $70-75k.
• Purchased as an abandoned project in 2021, this 1977 911S Coupe sports a replacement 2.7-liter engine and 915 five-speed. Non-matching numbers should make this a great deal for a driver, and the Sienna Metallic paint doesn't hurt either.
• Speaking of fun little drivers, this 1975 914 2.0 finished in Red over black caught our eye. This one has the potential to be some vintage fun for early Boxster money.

AUCTIONS ENDED 2/28

2018 Posche 911 GT3 6sp $201,000 PCARMARKET

2019 Porsche 911 Turbo S Cab. $172,500 Bring a Trailer

1993 Porsche 911 RS America $172,500 Sackey & Co.

2019 Porsche 911 Targa 4 GTS $130,000 Bring a Trailer

1982 Porsche 911SC Targa $91,000 Bring a Trailer

1986 Porsche 911 Turbo Coupe $85,250 PCARMARKET

1988 Porsche 911 Coupe G50 $60,501 Bring a Trailer

2017 Porsche 718 Boxster S $50,500 Cars & Bids

2009 Porsche 911 Coupe $43,100 Bring a Trailer

2003 Porsche 911 Turbo Coupe X50 $42,000 PCARMARKET

2002 Porsche 911 C4S Coupe 6sp $38,000 PCARMARKET

2005 Porsche 911 Coupe $33,000 Cars & Bids

2014 Porsche Cayenne Diesel $32,250 Bring a Trailer

2012 Porsche Cayenne Turbo $18,500 Cars & Bids

1993 Porsche 968 Coupe $16,993 Bring a Trailer

*Prices in Red denote a high bid and no sale