The Stuttgart Market Letter by Stuttgart Market Letter

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The RS Market Remains Strong. I Mean Really Strong

$200,000 over the average sale price for a very special example.

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 The odd cars withdrawn from Bring a Trailer yesterday.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



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

image

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


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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