Good Morning! I love the smell of Porsche in the morning. Nothing like it on a crispy wintery day. But you know what else stinks? The odd cars withdrawn from Bring a Trailer yesterday. The internet sleuths helped avert a bad buy again.
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THE MARKET
Sell-Through Rate: 67%
Market Volume ($): $1,458,045
Market Volume (units): 21
- The sell-through rate holds steady at just shy of 70%. Could the high 60s be the next ceiling?
- Solid dollar volume yesterday thanks in part to our Spotlight car pushing the total past the $1m mark.
TOP SALES
1992 Porsche 911 Carrera RS $469,999 Bring a Trailer
2019 Porsche 911 GT3 RS Weissach $235,000 Bring a Trailer
1998 Porsche 911 Carrera S $150,000 PCARMARKET
2019 Porsche 911 Carrera GTS 7sp $126,000 PCARMARKET
1993 Porsche 911 Carrera 4 Targa 5sp $81,000 Bring a Trailer
SPOTLIGHT
PHOTO CREDIT BRING A TRAILER
When I first started researching the 964 Carrera RS' it was to see what the impact of the car's 25th birthday had on the market as it was eligible for import into the United States in 2017, which also coincided with the rise of Online Auctions.
Lo and behold... it wasn't much. The car's value didn't surge more than the typical price rise we've seen since that period. Granted, the once un-loved 964 began to come into its own in the mid-teens and has steadily increased since.
This Rubystone Red Carrera RS however was a chart-topper selling almost $200,000 over the average price hammering down at $469,999. An unbelievable jump, but well deserved for a notable example of a special car.
Our Spotlight car had a lot going for it. First off, Rubystone Red is a rare and desirable color for a 964 RS. Then add to the fact that this was a near-perfect low mileage example with only 9,700 miles sold by one of the most respected Porsche experts with plenty of documentation to boot.
But $200,000 over average? Well, at least two bidders thought so. If this was a normal color, I'd say this was just well-sold as other cars around this price point had much lower miles. But, Rubystone. As long as the new owner keeps the miles off, I'd say this was well-bought when we look at the market again in a few years.
NEW & NOTEWORTHY
- Holy high mileage Batman! This blacked-out 2005 911 S 6sp has put some miles around Gotham City.
- A beautiful Sand Beige 1966 911 would make the perfect weekend classic.
- High mileage for a GT3 RS, this 2019 example was thoroughly enjoyed by its owner and you will too.
AUCTIONS ENDED 11/21
1992 Porsche 911 Carrera RS $469,999 Bring a Trailer
2019 Porsche 911 GT3 RS Weissach $235,000 Bring a Trailer
1995 Porsche 911 Cup 3.8 RSR $185,000 PCARMARKET
1998 Porsche 911 Carrera S $150,000 PCARMARKET
2019 Porsche 911 Carrera GTS 7sp $126,000 PCARMARKET
2021 Cayenne GTS Coupe $120,000 PCARMARKET
1984 Porsche 911 Turbo $98,000 Bring a Trailer
1993 Porsche 911 Carrera 4 Targa 5sp $81,000 Bring a Trailer
1998 Porsche 911 Carrera Cabriolet 6sp $72,500 Bring a Trailer
2004 Porsche 911 Turbo Cabriolet 6sp $60,996 Bring a Trailer
2013 Porsche 911 Carrera 4 Cabriolet 7sp $59,500 Bring a Trailer
1987 Porsche 911 Carrera Targa $58,000 Bring a Trailer
2007 Porsche 911 Carrera Coupe 6sp $45,250 Bring a Trailer
2015 Cayman $44,750 Cars & Bids
2012 Cayman S Black Edition $43,000 Bring a Trailer
2002 Porsche 911 Carrera 4S Coupe 6sp $39,500 Bring a Trailer
1999 Boxster 5sp $22,500 Bring a Trailer
2012 Cayenne $17,800 Cars & Bids
1973 Porsche 914 $17,000 Bring a Trailer
1990 Porsche 911 Carrera 4 Cabriolet 5sp Withdrawn Bring a Trailer
2009 Porsche 911 Carrera 4S Cabriolet 6sp Withdrawn Bring a Trailer
*Prices in Red denote a high bid and no sale
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