The Stuttgart Market Letter by Stuttgart Market Letter

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$72,500 GT3 RS Flip

How did this buyer make $72,500 in 8 months flipping a 2011 GT3 RS?

Good Morning! We hope you were able to get out and drive this weekend and enjoy the fall weather. Windows down, heat up, that's the way we like to... ride.


THE MARKET

Sell-Through Rate: 63%

Market Volume ($): $2,124,358

Market Volume (units): 28



TOP SALES

2016 911 R $450,000 Bring a Trailer

2016 911 GT3 RS $280,500 Barrett-Jackson

1973 911S Targa $196,000 Bring a Trailer

1987 930S Turbo Cabriolet Slant Nose $160,000 Bring a Trailer

1996 911 Carrera 4S $138,000 Bring a Trailer


SPOTLIGHT

8 Months and 100 Miles Made This Flipper $72,500

image

PHOTO CREDIT PCARMARKET


In February of this year our Spotlight car sold on PCARMARKET for $208,000. Over the weekend, the same car sold at Barrett-Jackson for $280,000. In a market that has remained fairly flat over the past year, this 2011 911 GT3 RS sold for the highest price paid by far this year. What drove the sale? Let's dive in.


Finished in Ultraviolet over Black leather and alcantara, the car is tastefully optioned with yellow deviated stiching, yellow seatbelts, PCCB brakes, and CXX options. So it must have been the 'Special Wishes' options that drove the price? Well, the only Sonderwunsch on the car is yellow door pulls instead of the standard grey. Nope.


How about miles? While not the lowest mileage car sold this year at 5,000 miles, it's not the highest either.


Maybe it's the fact that this GT3 RS is one of the final cars to roll off the production line? If the difference between the 991 GT3 RS and the upcoming 992 GT3 RS were such a stark contrast as the difference between a 997 GT3 RS 4.0 and a 991 GT3 RS, than just maybe. But that isn't the case.


So why on earth did this RS sell for almost $100k over the average price? The only sensible conclusion is it had to of been a booze-fueled dual between two bidders wrapped up in the limelight of the Barrett-Jackson circus. Well sold my friend. Well sold.


NEW & NOTEWORTHY


AUCTIONS ENDED 10/22-23

2016 911 R $450,000 Bring a Trailer

2016 911 GT3 RS $280,500 Barrett-Jackson

1973 911S Targa $196,000 Bring a Trailer

1961 356B Roadster $165,000 Bring a Trailer

1987 930S Turbo Cabriolet Slant Nose $160,000 Bring a Trailer

2022 911 Carrera 4S 7sp $154,000 Bring a Trailer

1996 911 Carrera 4S $138,000 Bring a Trailer

1997 911 Carrera Cabriolet 6sp $137,500 Barrett-Jackson

2019 911 Carrera T 7sp $110,000 Bring a Trailer

2012 911 Carrera 4 GTS Coupe $76,997 Bring a Trailer

1972 911T Targa $73,700 Barrett-Jackson

2002 911 Turbo Coupe 6sp $67,000 Bring a Trailer

1996 911 Carrera Coupe 6sp $65,000 Bring a Trailer

2002 911 Turbo Coupe 6sp $63,500 Bring a Trailer

1986 911 Carrera Targa $57,000 Bring a Trailer

1987 911 Carrera Targa $51,700 Barrett-Jackson

1994 911 Carrera Cabriolet $50,600 Barrett-Jackson

1988 928 S4 $47,300 Barrett-Jackson

1985 911 Carrera Targa $45,911 Bring a Trailer

2007 911 Carrera S Coupe 6sp $45,000 Bring a Trailer

1998 911 Carrera Cabriolet $40,700 Barrett-Jackson

2005 911 Carrera Coupe 6sp $32,850 Bring a Trailer

1999 911 Carrera Coupe 6sp $27,250 Bring a Trailer

2006 Boxster S 6sp $27,000 Bring a Trailer

2005 Cayenne Turbo $17,600 Barrett-Jackson

1980 928 $16,500 Barrett-Jackson

1983 928S Coupe $16,250 Bring a Trailer

1972 914 $11,000 Bring a Trailer


*Prices in Red denote a high bid and no sale

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