Good Morning! From market highs to market lows, the stock market has nothing on the swings we've seen in the Porsche market this week.
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THE MARKET
Sell-Through Rate: 50%
Market Volume ($): $555,500
Market Volume (units): 14
- We started the week with a sell-through rate of around 50% and we end the week with a sell-through rate of 50% after almost touching 80% yesterday.
- Volume lows on both dollar volume and unit volume yesterday with a notable no-sale of a sub-1,000-mile 2022 GT3 6sp.
TOP SALES
1996 911 Carrera 4S 6sp $123,000 Bring a Trailer
2007 911 GT3 $115,000 Bring a Trailer
2017 911 Carrera Targa 4 $104,000 PCARMARKET
1987 911 Carrera Targa $65,500 Bring a Trailer
2001 911 Turbo Coupe $65,500 Cars & Bids
SPOTLIGHT
PHOTO CREDIT RM SOTHEBY'S
To Celebrate 50 years of Porsche Design, Porsche Classic has restored this 1972 911 S 2.4 as a tribute to Ferdinand Alexander Porsche and his founding of the iconic design shop in 1972.
The vehicle is finished in solid black with Classic lateral stripes with a Platinum finish and "Porsche Design" on the sides. The interior is also black but features a special checked pattern in Porsche's Sport-Tex fabric. Black on black with hints of Grey, just as the professor would have wanted it.
Interestingly, this "S" started life as a basket case 911 T, not as an original S. The Porsche Classic team upgraded the engine and chassis to S specification. No mention of matching numbers but one would assume that they used the original T engine and worked from there.
Will a 1972 911T restored by Porsche Classic to an S 2.4 as an homage to F.A. Porsche bring more than a car restored to an S by any other restoration shop? Over the last few years, I'd say absolutely. But in recent light of a slowdown in the Porsche market, we might see that collectors have tired of all the specials and are hunkering down for other opportunities at the end of this economic cycle.
NEW & NOTEWORTHY
- Hit the trails in this 1988 Safari-Style 911 Carrera Coupe built by STRAAT in Miami, Florida.
- This 2001 Boxster S 6sp is finished in Black with a very interesting reupholstered Lipstick-Red interior.
- At first glance, I thought that this 1987 928 S4 Tack Car was a Corvette with a huge wing and open headlights.
AUCTIONS ENDED 11/11
2022 911 GT3 6sp $255,000 Bring a Trailer
1996 911 Carrera 4S 6sp $123,000 Bring a Trailer
2007 911 GT3 $115,000 Bring a Trailer
2014 911 Turbo Coupe $104,500 PCARMARKET
2017 911 Carrera Targa 4 $104,000 PCARMARKET
1987 911 Carrera Targa $65,500 Bring a Trailer
2001 911 Turbo Coupe $65,500 Cars & Bids
1987 911 Turbo Coupe 5sp $63,000 Bring a Trailer
1969 912 5sp $56,500 Bring a Trailer
1987 911 Carrera Cabriolet $50,000 Bring a Trailer
2015 Cayenne Turbo $48,500 Cars & Bids
1973 914 2.0 $28,914 Bring a Trailer
2000 911 Carrera Cabriolet $26,000 Cars & Bids
2002 Boxster S 6sp $12,000 PCARMARKET
*Prices in Red denote a high bid and no sale
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