Good Morning! It's Flashback Friday but we're only flashing back a month to take a look at the results from the DriverSource Octmotorfest auction on Bring a Trailer. Lots of highs. No lows. Really solid results from the online collection sale.
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THE MARKET
Sell-Through Rate: 73%
Market Volume ($): $1,392,599
Market Volume (units): 22
- Another solid day led by two $200k+ sales and all top 5 sales above $100k with a higher sell-through rate for current market conditions.
- Boxster sales seemed to miss yesterday with a number of no-sales and lower prices for those that did find new homes.
TOP SALES
2018 911 GT2 RS Weissach $403,000 Bring a Trailer
1996 911 Turbo $205,000 Bring a Trailer
1965 356C Coupe $138,000 Bring a Trailer
2003 911 Turbo X50 6sp $130,000
1979 911 Turbo Coupe $105,000 PCARMARKET
SPOTLIGHT
PHOTO CREDIT DRIVERSOURCE
Yesterday the virtual hammer dropped on the final Porsche from the DriverSource Octmotorfest held on Bring a Trailer over the last month. All 10 Porsches sold with 3 of the cars achieving all-time high sales for the model including the 996 Turbo pictured above which sold for $130,000.
Along with the X50 packaged 996, the 1969 911E Soft-Window Targa sold achieved a market high of $204,000 miles. That price might seem crazy until you realize that most other '69 Targas had glass rear windows, making this probably one of the last Targas with a soft window.
The third car to reach a high from this sale was a 1989 928 S4 which sold for $112,000 miles due to its ultra-low mileage of 15,000 miles. A 1996 993 Targa sold for $85,000, only being beaten by a car previously sold with only 9k miles on the odometer. The other notable sale from the auction was R Gruppe co-founder, Cris Huergas' 1969 911S. Someone paid up for the history at $175,000 which is up there with other high sales but not the highest.
All-in a solid sale of low-mileage, pristine examples fetching excellent prices due to condition and rarity.
1989 911 Speedster $291,000
1987 Turbo Coupe $205,000
1969 911E Targa $204,000
1969 911S Coupe $175,000
2003 911 Turbo X50 $130,000
1989 928 S4 $112,000
1996 911 Targa $85,000
1978 928 5sp $78,928
1966 912 Coupe $73,500
1992 968 Coupe 6sp $35,000
NEW & NOTEWORTHY
- I'm a sucker for a red interior, especially like the one on this 1960 356B 1600 Reutter Coupe.
- One of 17 1994 911 Turbo S "Package" cars. Speedlines? Check. 3.6? Check. Side-intakes that could swallow a cat? Check.
- Halloween is over so it's ok to bid on this "Reverse Pumpkin" 2008 911 GT3 RS from our friends at Merit Partners.
AUCTIONS ENDED 11/3
2018 911 GT2 RS Weissach $403,000 Bring a Trailer
1996 911 Turbo $205,000 Bring a Trailer
1965 356C Coupe $138,000 Bring a Trailer
2003 911 Turbo X50 6sp $130,000
1979 911 Turbo Coupe $105,000 PCARMARKET
2022 718 Spyder 6sp $97,500 Bring a Trailer
2011 Boxster Spyder $86,000 Bring a Trailer
1995 911 Carrera Coupe $86,000 Bring a Trailer
1987 911 Carrera Cabriolet $75,000 PCARMARKET
2010 911 Carrera S Cabriolet $67,000 Bring a Trailer
1990 911 Carrera 4 Cabriolet 5sp $56,500 Bring a Trailer
2004 911 Turbo Cabriolet $46,750 Bring a Trailer
1969 912 Coupe 5sp $45,000 Bring a Trailer
1985 911 Carrera Cabriolet $38,000 Bring a Trailer
1997 Boxster 5sp $26,500 Bring a Trailer
1999 911 Carrera Cabriolet 6sp $24,799 Bring a Trailer
2000 911 Carrera Coupe 6sp $23,750 Bring a Trailer
1999 911 Carrera Coupe $20,250 Cars & Bids
2006 Cayman S 6sp $20,000 PCARMARKET
2000 Boxster S 6sp $18,986 Bring a Trailer
1987 944 Turbo $17,550 Bring a Trailer
2011 Cayenne S $11,000 PCARMARKET
*Prices in Red denote a high bid and no sale
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