The Stuttgart Market Letter by Stuttgart Market Letter

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A Rainy Day In Paris

The EU market takes a hit with a 50% sell-through rate.

Good Morning! You might notice a lot of cars ending in odd numbers, 665, 922, etc. Well, that would be because our Paris auction cars sold in Euros. Also to note, we only included cars that are 25 years old or older as they would be eligible for import into the US.


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THE MARKET

Sell-Through Rate: 59%

Market Volume ($): $2,969,840

Market Volume (units): 34



TOP SALES

1973 Porsche 911 Carrera RS 2.7 Touring $524,390 RM Sotheby's

1995 Porsche 911 RS Ruf Turbo R $394,665 RM Sotheby's

1953 Porsche 356 Pre-A Coupe Project $239,956 RM Sotheby's

1992 Porsche 911 Carrera RS $221,000 PCARMARKET

1997 Porsche 911 Turbo 6sp $182,000 PCARMARKET


SPOTLIGHT

image

PHOTO CREDIT PCARMARKET


In 2017 Porsche launched the Carrera T as a sportier version of the base 911 Carrera featuring a shorter rear axle ratio, mechanical differential lock, PASM Sport lowered suspension, Sport Chrono package, and sports exhaust as standard. Top-of-the-market examples of the Carrera T typically have 6-speed transmission and special options you couldn't find on any other standard 911 model: rear seat deletion, bucket seats, and rear axle steering. Not this example.


This 9,000-mile 2019 Carrera T in GT Silver Metallic is equipped for luxury touring with a PDK transmission, adaptive sport seats plus instead of buckets, and rear seats, and is void of the rear axle steering system. Not only is this the first 911 Carrera T equipped with a PDK transmission to sell in over a year, but it also sold for a very strong price of $98,000.


Over the past year, your typical 991 Carrera T equipped with a manual transmission sold for over $100,000, with examples having a few of the special options mentioned above bringing more money than those not. So for a PDK car void of any of the desirable options to come close to the floor is fairly surprising. Especially since all of the PDK no-sales topped out at $92,000.


Maybe it was the fact that only 89 Carrera Ts were equipped with PDK for this final model year, or someone really really wanted that Sport-Tex interior on their rear seats and the standard T goodies as they could have saved about $20,000 by purchasing a normal 991 Carrera. Either way, this car was definitely well-sold in our opinion.


NOTEWORTHY SALES


NEW LISTINGS


AUCTIONS ENDED 2/1

1973 Porsche 911 Carrera RS 2.7 Touring $524,390 RM Sotheby's

1991 911 C4 Leichbau $501,000 Bring a Trailer

1995 Porsche 911 RS Ruf Turbo R $394,665 RM Sotheby's

1953 Porsche 356 Pre-A Coupe Project $239,956 RM Sotheby's

1992 Porsche 911 Carrera RS $221,000 PCARMARKET

1997 Porsche 911 Turbo 6sp $182,000 PCARMARKET

1987 Porsche 911 Ruf BTR Cab. $160,392 RM Sotheby's

1976 Porsche 911 Turbo $157,866 RM Sotheby's

1993 Porsche 928 GTS $149,025 RM Sotheby's

1965 Porsche 911 Coupe $138,922 RM Sotheby's

2008 Porsche 911 Turbo Cab. 6sp $120,000 Bring a Trailer

1975 Porsche 911 3.0 IROC Recreation $109,874 RM Sotheby's

2011 Porsche 911 Turbo S Coupe $108,500 Bring a Trailer

2019 Porsche 911 T $98,000 PCARMARKET

1990 Porsche 911 C4 Coupe 6sp $91,500 Bring a Trailer

1987 Porsche 911 G50 Slant Nose Conversion $85,000 PCARMARKET

1971 Porsche 911T Coupe $81,500 Bring a Trailer

2008 Porsche 911 Turbo Coupe $80,000 Bring a Trailer

2017 Porsche 911 C4 Coupe $80,000 Bring a Trailer

1995 Porsche 911 Cab. 6sp $65,000 Bring a Trailer

2012 Porsche 911 C2S Coupe $64,000 Bring a Trailer

1995 Porsche 911 Cab. 6sp $62,000 PCARMARKET

356 Replica by Vintage Motorcars $60,000 Bring a Trailer

1974 Porsche 911S Targa 5sp $52,000 Bring a Trailer

1988 Porsche 944 Turbo $51,000 Bring a Trailer

2006 Porsche 911 C2S Cab. $32,000 Bring a Trailer

1999 Porsche 911 C4 Cab. 6sp $28,250 Bring a Trailer

2013 Porsche Cayenne GTS $26,000 Bring a Trailer

1951 Porsche 356 'Split-Window' Coupe No Sale RM Sotheby's

1989 Porsche 911 Turbo Slant Nose No Sale RM Sotheby's

1995 Porsche 911 Carrera RS Clubsport No Sale RM Sotheby's

1967 Porsche 911S Coupe No Sale RM Sotheby's

1976 Porsche 911 Carrera 3.0 No Sale RM Sotheby's

1964 Porsche 904 GTS No Sale RM Sotheby's


*Prices in Red denote a high bid and no sale

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