The Stuttgart Market Letter by Stuttgart Market Letter

All issues

The Bottom Of The 991.2 GT3 Market

GT cars continue their decline while a pair of Turbos sell for big money

Good Morning! And happy Turbo Thursday! That's what we are calling today after a pair of Turbos brought big money. More on these and other noteworthy sales below.


Did someone forward you this email? Subscribe HERE for daily Porsche market updates.


THE MARKET

Sell-Through Rate: 81%

Market Volume ($): $1,028,291

Market Volume (units): 16



TOP SALES

2022 Porsche 911 GT3 Touring 6sp $268,000 PCARMARKET

2018 Porsche 911 GT3 6sp $130,991 Cars & Bids

2003 Porsche 911 Turbo Coupe 6sp $109,000 Bring a Trailer

2004 Porsche 911 GT3 6sp $86,500 Bring a Trailer

2014 Porsche 911 C4S $81,500 Bring a Trailer


SPOTLIGHT

image

PHOTO CREDIT CARS & BIDS


Well, folks, here we have it, the bottom of the market for a clean, no-stories accident-free 991.2 GT3. The lowest sale up until this point was a branded title car that sold for $135,000 back in October and the average of the 26 examples sold over the past 12 months is a bit over $198,000. The 2018 GT3 above? $130,991. Why so low?


Finished in the highly desirable shade of Lava Orange and well optioned with Sport Chrono, Carbon Interior Package, and full buckets, what could possibly be wrong with this car to command a new low? Some might say PDK, but our car is 6-speed. Maybe it's highly modified under the hood? Nope. Completely stock.


The reason for a perfectly good GT3 selling at $130k is miles. 55,000 of them. And nothing makes us happier than seeing such a car enjoyed to its fullest providing miles of smiles. Well-bought for sure as another high mileage GT3 is probably not on the horizon and the owner can enjoy the car without worries of huge depreciation. And well-enjoyed by the seller. Both parties should be happy here.


NOTEWORTHY SALES


NEW LISTINGS


AUCTIONS ENDED 1/11

2022 Porsche 911 GT3 Touring 6sp $268,000 PCARMARKET

2018 Porsche 911 GT3 6sp $130,991 Cars & Bids

2003 Porsche 911 Turbo Coupe 6sp $109,000 Bring a Trailer

1975 Porsche 911 2.7 Coupe 5sp $93,911 PCARMARKET

2004 Porsche 911 GT3 6sp $86,500 Bring a Trailer

2014 Porsche 911 C4S $81,500 Bring a Trailer

1986 Porsche 944 Turbo $81,000 Bring a Trailer

1988 Porsche 911 Targa G50 5sp $80,000 PCARMARKET

1987 Porsche 911 Targa 5sp $59,400 Mecum

1983 Porsche 911SC Coupe $45,500 PCARMARKET

1986 Porsche 928 S 5sp $37,950 Mecum

2012 Porsche Cayenne S $18,500 Cars & Bids

2003 Porsche Boxster 5sp $16,200 Bring a Trailer

1975 Porsche 914 $13,750 Mecum

1980 Porsche 911 Turbo No Sale Mecum

1994 Porsche 968 Cab. No Sale Mecum


*Prices in Red denote a high bid and no sale

Share
Get the next issue in your inbox
Free, and you can unsubscribe any time.

0 comments

More issues

All 120 →
#79 Jan 11, 2023

The SCRS Replica Deal You Slept On

Read issue →
#78 Jan 10, 2023

Did The 911 T Market Just Turn?

Read issue →