Good Morning! For the last few years Bring a Trailer was the only online auction platform to close sales on both Saturday and Sunday. But a funny thing happened this weekend, only 8 cars ended on Saturday with nothing to report on Sunday. Could pricing and sell-through rates finally be affecting the willingness of those wishing to list their cars?
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THE MARKET
Sell-Through Rate: 88%
Market Volume ($): $307,058
Market Volume (units): 8
- The good news: an 88% sell-through rate! The bad news: only 8 units were offered over the weekend.
- Not a single car cracked the $100k mark over the weekend. Another first.
TOP SALES
2009 Porsche 911 S Cab. 6sp $65,500 Bring a Trailer
1982 Porsche 911SC Coupe $65,000 Bring a Trailer
2009 Porsche 911 Cab. 6sp $61,000 Bring a Trailer
356 Replica by Vintage Speedsters $45,250 Bring a Trailer
2004 Porsche 911 Targa $42,250 Bring a Trailer
SPOTLIGHT
PHOTO CREDIT COLLECTING CARS
Yes, we've written about the fall of the Carrera GT market in recent weeks and we've written about the difference in the Porsche market over in the UK and EU. But today we're going to write about the Carrera GT market in the UK and EU as we have yet another unsold CGT.
The car pictured above, a 2004 Carrera GT finished in a rarer shade of Seal Gray over Ascot Brown/Black, comes with a full luggage set, extensive service history (although no clutch measurement), and 18,000 miles.
Used but not abused, our Spotlight car reached a final bid of £1,121,500 after a few minutes of 500 lb-Stirling increments. In USD, that's $1,354,211. In line with US cars failing to cross the $1.5m mark and UK Porsche's generally falling a few hundred thousand dollars short of the American market. It's going to take a very special car or a reality check for us to see another Carrera GT sell at auction in the coming months.
NEW & NOTEWORTHY
- If the Lava Orange paint on this 2022 Porsche 911 C4S doesn't brighten up your day nothing will.
- Keeping with the orange theme, this 1970 914-6 in tangerine looks like a fun little pocket rocket.
- This factory M505 flachbau Turbo Cabriolet in Guards Red with Red wheels screams "I grew up in the 80s", which is not a bad thing.
AUCTIONS ENDED 11/26-11/27
2009 Porsche 911 S Cab. 6sp $65,500 Bring a Trailer
1982 Porsche 911SC Coupe $65,000 Bring a Trailer
2009 Porsche 911 Cab. 6sp $61,000 Bring a Trailer
356 Replica by Vintage Speedsters $45,250 Bring a Trailer
2004 Porsche 911 Targa $42,250 Bring a Trailer
2001 Porsche Boxster S 6sp $19,750 Bring a Trailer
2009 Porsche Cayenne $14,258 Bring a Trailer
1986 Porsche 944 Turbo $13,800 Bring a Trailer
*Prices in Red denote a high bid and no sale
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