Good Morning! Some rare and interesting cars are in this Saturday morning issue of The Stuttgart Market Letter. Grab some coffee and enjoy the read before your day starts!
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THE MARKET
Sell-Through Rate: 73%
Market Volume ($): $1,344,483
Market Volume (units): 22
- Oh, the swings in the market. Looks like things are back up above $1m for today as volume and sell-through rate both picked back up. We'll see what the weekend brings with only Bring a Trailer closing sales.
TOP SALES
1992 Porsche 911 Carrera RS $290,000 Bring a Trailer
2022 Porsche 911 GTS Coupe 7sp $153,500 Bring a Trailer
1984 Porsche 911 Coupe 5sp $150,000 Bring a Trailer
2005 Porsche 911 Turbo S Coupe 6sp $120,000 Bring a Trailer
1968 Porsche 912 5sp $118,000 Bring a Trailer
SPOTLIGHT
PHOTO CREDIT BRING A TRAILER
In the past three months, two out of the three 6-speed equipped Cayenne Transsyberias ever built have sold on Bring a Trailer. The first, sold in November of 2022 was a 111,000-mile example out of Canada that featured orange accents as well as the typical Trannsyberia lettering on the side. The car sold for $54,957.
The 2010 Transsyberia 6=Speed pictured above has roughly 83,000 miles and orange accents but lacks the Transsyberia lettering on the sides as the vehicle was repainted due to vandalism, not an accident. The car was sold yesterday for a new auction record for Transsyberia Cayennes of $70,500. Not only did this vehicle make a record price, but it also had the lowest mileage of any Transsyberia Cayenne to sell in the last 5 years.
Obviously, a strong price as expected for such a rare and low mileage SUV. But it has me thinking... where's the third manual Transsyberia Cayenne, how many miles does it have, and what would it take to see a Transsyberia Cayenne cross into the six-figure territory?
There was a $15,000 jump in price for a roughly 30,000-mile difference. With that math, one would think a $100,000 sale would need to have close to 20,000 miles on the odometer. But I don't think it would need to be that low.
We know where two out of three are with regard to mileage, and from the comments, it seems neither car will be looking for a new home any time soon. This means you're going to have to pay up for the only other one left should it come to market. Regardless of mileage, I think the next Transsyberia Cayenne to come up for sale, as long as it's not a complete disaster, has a chance. Well-bought for a three-of-a-kind example.
NOTEWORTHY SALES
- Why did this 1968 912 sell for 1968 911 money? Well, the 2.7-liter flat-six sitting in the engine compartment probably helped. This 912 was refurbished in the style of a 911 T/R and it absolutely looks the part. Well-bought at $118,000 as you couldn't recreate this for that money.
- At $120,000, this 19,000-mile 2005 911 Turbo S 6sp was an absolute steal. Other examples at that price point have double the mileage and the last 16k-mile car to sell went for over $200k.
- Un-sold on Bring a Trailer at $142,000 in December, this 1986 911 Carrera Safari found a new home at $150,000. Same pictures, same seller, same mileage, but an extra $8k. Well-sold.
NEW LISTINGS
- Yesterday's 964 Carrera RS sale was strong at $290,000 for a 30k-something-mile car. Will this 15,000-mile 1992 Carrera RS see close to $400k? With 6 days to go the car is already above the previous sale at $300,000.
- Last sold in October of 2021 for $114,000, this 2007 911 GT3 is back on the market with an extra 3,000 miles for a total of 74k. That's pretty high mileage for a GT3, but I like it. 997 GT cars haven't cooled off so expect the seller to get out of this car for even money if not a bit more.
- Here's a rare chance to pick up 1 of 250 2010 911 Sport Classics, this one already here in the US under Show & Display laws. This will be the first Sport Classic to sell on US soil since the record $654,000 sale in Arizona four years ago.
AUCTIONS ENDED 2/10
2011 Porsche 911 Speedster $350,000 Bring a Trailer
1992 Porsche 911 Carrera RS $290,000 Bring a Trailer
1996 Porsche 911 Turbo 6sp $252,000 Bring a Trailer
1995 Porsche 911 Turbo Ruf Modified $207,000 PCARMARKET
2016 Porsche 911 GT3 RS $182,000 Bring a Trailer
2022 Porsche 911 GTS Coupe 7sp $153,500 Bring a Trailer
1984 Porsche 911 Coupe 5sp $150,000 Bring a Trailer
2005 Porsche 911 Turbo S Coupe 6sp $120,000 Bring a Trailer
1968 Porsche 912 5sp $118,000 Bring a Trailer
2020 Porsche 911 C4 Coupe $116,115 Bring a Trailer
1974 Porsche 911 Coupe $101,000 Bring a Trailer
1963 Porsche 356B 1600S Coupe $93,356 PCARMARKET
2014 Porsche Cayman S Deman 4.5L $75,000 Bring a Trailer
2010 Porsche Cayenne S Transsyberia 6sp $70,500 Bring a Trailer
2011 Porsche Panamera Turbo $55,500 Cars & Bids
1986 Porsche 911 Cab. 5sp $53,550 PCARMARKET
2005 Porsche 911 C2S Coupe 6sp $51,997 Bring a Trailer
2000 Porsche 911 Coupe 6sp $32,500 Bring a Trailer
1972 Porsche 914 2.3 $22,000 Bring a Trailer
2005 Porsche Cayenne S $13,700 Cars & Bids
2002 Porsche Boxster S 6sp $12,250 PCARMARKET
*Prices in Red denote a high bid and no sale
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