Good Morning! Note to self: never end your auction the day before an election. Sell-through rates are abysmal and haven't been this bad since "Black Monday". Hopefully, this was just a hangover from the pain of all of the political commercials over the last few months.

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THE MARKET

Sell-Through Rate: 50%

Market Volume ($): $784,911

Market Volume (units): 16

• A 50% sell-through rate is pretty rough, but we are coming off a strong weekend and have quite the lots closing this week.
• Although many cars failed to meet their reserves, the market for 2022 cars stayed steady as Porsche still can't keep up with demand for Turbos and GT cars.

TOP SALES

2022 911 GT3 Touring 6sp $300,000 Bring a Trailer

2022 911 Turbo S Coupe $250,500 PCARMARKET

2012 911 Carrera S Cabriolet $80,500 Bring a Trailer

1986 911 Carrera Coupe Project $40,911 Bring a Trailer

1994 968 Coupe 6sp $33,500 Bring a Trailer

SPOTLIGHT

PHOTO CREDIT RM SOTHEBYS

Was it the falling British Pound, skyrocketing interest rates, or the game of musical Prime Minister chairs, or was $395,000 the right price for this 1973 911 2.7 RS Touring sold at RM Sotheby's over the weekend?

Few 2.7 RS' have failed to cross the $400,000 mark over the last five years. The other is a car rebuilt from a donor car after an on-track mishap in its early life. So why did our spotlight car fail to reach even the average price of $560k?

In this case, it comes down to mileage. Although the car only showed 55,000 kilometers on the odometer, it is well known that this car had spun past its 5-digit odometer a number of times covering over 223,000 kilometers as reported in a 1992 article in Flat 6 Magazine covering 20 years of the RS.

Still, an impeccably maintained and restored 2.7 RS should have fetched somewhere in the low $500s in my humble opinion. As these cars continue to rise in value and get driven less, the buyer now has a mileage-agnostic homologation 911 to enjoy on the open roads. Well bought. Now get out and drive.

NEW & NOTEWORTHY

• The ultimate Bad Boy: 1991 964 Turbo Ruf BTR 3.8 Conversion
• If purple is your jam, then this 5,000 2010 Cayman 6sp in Paint to Sample Purple Non-metallic is your car.
• One of 1,963 2004 911 40th Anniversary cars always looks good in GT Silver Metallic.

AUCTIONS ENDED 11/7

2019 911 Speedster $333,000 Bring a Trailer

2022 911 GT3 Touring 6sp $300,000 Bring a Trailer

2022 911 Turbo S Coupe $250,500 PCARMARKET

2014 911 Turbo S Coupe $112,500 PCARMARKET

1981 930 Turbo $99,500 Bring a Trailer

2008 911 Turbo 6sp $96,000 PCARMARKET

2015 911 Carrera 4S 7sp $89,991 PCARMARKET

2012 911 Carrera S Cabriolet $80,500 Bring a Trailer

2018 Macan Turbo $48,250 Cars & Bids

2014 Cayenne GTS $45,986 Bring a Trailer

1986 911 Carrera Coupe Project $40,911 Bring a Trailer

1994 968 Coupe 6sp $33,500 Bring a Trailer

1971 914 $32,000 Bring a Trailer

1981 928 $27,500 Bring a Trailer

2006 Cayman S 6sp $26,000 Bring a Trailer

2001 911 Carrera 6sp $20,000 Bring a Trailer

*Prices in Red denote a high bid and no sale