Good Morning! NOT Good Afternoon today. Yesterday was a bit of a slump in the market with the lowest sell-through rate and market volume we've seen yet.
THE MARKET
Sell-Through Rate: 65%
Market Volume ($): $678,159
Market Volume (total units): 17
- It looks like the Porsche market had a case of the Mondays yesterday with the lowest sell-through rate and market volume we've seen so far. Just an off day or more to come?
- How light? It was so light that a $52,000 Cayenne Diesel made it into our top sales.
TOP SALES
2016 911 GT3 RS $201,000 Bring a Trailer
1984 911 Turbo $109,000 Bring a Trailer
2021 718 Boxster $65,000 PCARMARKET
2014 Boxster S 6sp $57,500 Bring a Trailer
2016 Cayenne Diesel $52,000 Bring a Trailer
SPOTLIGHT
PHOTO CREDIT CARS & BIDS
No production Porsche brought more speculation in recent times than the 991 GT2 RS with the vast majority of cars hitting traditional listing sites asking almost double MSRP as soon as they hit the streets.
But the market spoke and the cars sat with their outrageous price tags for months with auction results only bringing sub $100k over sticker.
Fast forward to today, and you'll still find the majority of cars offered for sale with barely any miles and prices relatively the same.
So why does this limited production (1,000 units) GT car not bring the crazy overs we see on the normally aspirated cars? Perhaps it has something to do with the usability. GT3s and GT3 RS' are at home both on the track, and on the streets whereas the GT2 RS' are a terrifying turbo-induced ride not for the faint of heart. Or maybe it's the fact that this GT2 was only offered with a PDK transmission to tame the beast.
With the next iteration of Porsche's GT2 right around the corner, the 991 GT2 RS market will be one to watch. Will stay consistently where they are or will this be a GT bargain in the next 5 years?
NEW & NOTEWORTHY
- If we thought yesterday was the ultimate '80s day, today's 1985 930 Turbo Slant Nose "Special Wishes" takes the cake.
- This 1969 911S Coupe started the R Gruppe trend thanks to co-founder Cris Huergas.
- Finished in a beautiful shade of Amethyst Metallic, this PTS 2019 911 Speedster deserves a place in our garage.
- The original owner of this 1992 968 put over 100,000 miles of smiles on this transaxle gem.
AUCTIONS ENDED 10/17
2016 911 GT3 RS $201,000 Bring a Trailer
1984 911 Turbo $109,000 Bring a Trailer
2016 Boxster Spyder $86,000 Bring a Trailer
2014 911 Carrera 4S Coupe $73,000 PCARMARKET
2021 718 Boxster $65,000 PCARMARKET
1984 911 Carrera Coupe Modified $61,000 PCARMARKET
2014 Boxster S 6sp $57,500 Bring a Trailer
2016 Cayenne Diesel $52,000 Bring a Trailer
2008 Boxster RS 60 Spyder 6sp $43,250 Bring a Trailer
2004 911 Turbo Cabriolet 6sp $42,164 Bring a Trailer
356 Speedster Replica $38,356 Bring a Trailer
2008 Cayman S 6sp $34,000 PCARMARKET
2014 Cayenne GTS $30,303 Bring a Trailer
1999 911 Carrera Coupe 6sp $26,750 Bring a Trailer
1994 968 Coupe 6sp $26,000 Bring a Trailer
2008 Cayenne S $21,000 Bring a Trailer
2001 Boxster S $2,050 Cars & Bids
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