Good Morning! Although the rest of the market went soft yesterday, RS America values continued to hold strong (too strong) with today's top sale reaching an incredible $170,964.

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THE MARKET

Sell-Through Rate: 53%

Market Volume ($): $712,964

Market Volume (units): 19

• Looks like the party was short-lived. Sell through rate took a dive yesterday with a number of smaller auction houses putting up 0s.
• A decent unit volume but with only two cars selling over $100k, dollar volume didn't quite make it to $1m.

TOP SALES

1993 Porsche 911 RS America $170,964 PCARMARKET

1986 Porsche 911 Coupe $131,000 Bring a Trailer

1996 Porsche C4 Coupe 6sp $79,000 Bring a Trailer

2007 Porsche 911 C2S Coupe 6sp $70,000 Bring a Trailer

2018 Porsche 718 Cayman GTS $68,000 Cars & Bids

SPOTLIGHT

PHOTO CREDIT PCARMARKET

Speculators are all over the delivery mile Porsche market, not just with GT cars. The only difference, not a single 2022 992 GTS like the Aventurine Green example above has met reserve this year and high bids are getting lower. Lot's of shots, but no baskets. Sorry MJ.

Our spotlight car is in a great color and very well optioned with a $155,690 sticker price and 177 miles and ended yesterday with a final bid of $166,000. The last GTS offered was bid to $168,500 three months ago and the one prior to that one was bid to $172,000. And the one before that? $182,000. Starting to see a pattern here?

Yes, the market average for a 2022 GTS is $732,995. But that number is incredibly inflated due to just a single sale: the 911 Carrera GTS 'Sally Special' which sold for charity at a whopping $3,600,000 and is being driven like it should by a collector in Arizona.

Although GT cars are still selling for overs, even that market has slowed down considerably in the last month and the "normal" 911 market is no different. Obviously, I can't say well-bought or well-sold on this one, but should it have transacted at $166,000, I'd say it was well-sold before these fall even more.

NEW & NOTEWORTHY

• It's been a few weeks since we've seen an off-road Cayenne build. This 2005 Turbo with Red Bull graphics will do the trick.
• Excellent color combo of Arctic Sliver Metallic over Sea Blue leather on this 100k-mile 2008 Boxster S.
• And for those of us who follow the 1968 911S Targa market closely (we have one), bookmark this Soft Window Targa on PCARMARKET.

AUCTIONS ENDED 12/8

1993 Porsche 911 RS America $170,964 PCARMARKET

2022 Porsche 911 GTS Coupe 7sp $166,000 PCARMARKET

1986 Porsche 911 Coupe $131,000 Bring a Trailer

2014 Porsche 911 GT3 $111,000 Bring a Trailer

1996 Porsche C4 Coupe 6sp $79,000 Bring a Trailer

2003 Porsche 911 Turbo Coupe 6sp $70,000 Bring a Trailer

2007 Porsche 911 C2S Coupe 6sp $70,000 Bring a Trailer

2018 Porsche 718 Cayman GTS $68,000 Cars & Bids

1972 Porsche 911T Coupe $67,500 Bring a Trailer

2019 Porsche Macan S $46,250 PCARMARKET

2018 Porsche Macan Turbo $44,000 PCARMARKET

356 by Vintage Speedsters $42,250 Bring a Trailer

2006 Porsche 911 Cab. 6sp $41,750 Bring a Trailer

1976 Porsche 912E $40,000 Bring a Trailer

1985 Porsche 911 Targa $39,250 Bring a Trailer

2004 Porsche 911 40th Anniversary 6sp $26,000 Bring a Trailer

2002 Porsche 911 Cab. $21,250 ShiftGate

2000 Porsche 911 Coupe $17,750 ShiftGate

1974 Porsche 914 No Sale Guys With Rides

*Prices in Red denote a high bid and no sale