Good Morning! Thanks to some reader feedback, we found out that some email browsers thought that a year followed by a 911 or other Porsche model number were phone numbers and were turning those into links. So you'll notice a lot of "Porsche" in the sales list. A bit redundant, but hopefully it solves the 1999 911 problem.
Always looking for feedback and bugs as this email grows. Just shoot us a reply with your thoughts and comments!
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THE MARKET
Sell-Through Rate: 66%
Market Volume ($): $3,771,462
Market Volume (units): 41
- Big big weekend in terms of both dollar volume and unit volume thanks to Broad Arrow's Palm Beach sale.
- The Sell-through rate popped a bit above where it was when we left off last week but not into the 70s we've come to expect.
TOP SALES
2016 Porsche 911R $500,000 Broad Arrow
1996 Porsche 911 Carrera RS $335,000 Broad Arrow
1989 Porsche 911 Speedster $291,000
1988 Porsche 911 Turbo M505 Slantnose $274,000 Broad Arrow
1994 Porsche 911 Carrera Cup 3.8 $235,200 Broad Arrow
SPOTLIGHT
PHOTO CREDIT BROAD ARROW AUCTIONS
When we wrote about the Carrera GT market last week, we stated that the 2005 example offered at Broad Arrow's Palm Beach sale this weekend would surprise us if it crossed the $1.5m mark let alone hit the low estimate of $1.6m.
The auction started with an ask of $2,000,000 quickly followed by a drop to $1,000,000 and then finally a bid at $500,000. From there it jumped to $250k and then settled at $50k bid increments after a couple at $100k.
At $1,350,000 bidding stalled with blank stares from the auctioneer and phone representative with the bidder assistant jumping in to add some color reminding us of the "fantastic" colors and often missing full set of luggage. A few more bids, perhaps of chandelier in nature, came in pushing the price up to.... $1.5m.
No sale at $1,500,000. 3,000 miles, full set of luggage, every accessory, and ho-hum color. After so many no sales I believe it's time to put a pin in the Carrera GT market. Should you want to pursue this car, Broad Arrow is offering the car for just over the low estimate of $1,635,000.
NEW & NOTEWORTHY
- Let's see if this 1959 356A Cabriolet can find a new home after a no-sale not to long ago.
- We all know how much the market loves 6-Speed Cayennes. Let's see how much love there is for this 106,000-mile Canadien example.
- A nice Guards Red 2008 911 GT3 would look pretty nice under the Festivus Pole this year.
AUCTIONS ENDED 11/19-11/20
2016 Porsche 911R $500,000 Broad Arrow
1996 Porsche 911 Carrera RS $335,000 Broad Arrow
1989 Porsche 911 Speedster $291,000
1988 Porsche 911 Turbo M505 Slantnose $274,000 Broad Arrow
1994 Porsche 911 Carrera Cup 3.8 $235,200 Broad Arrow
1961 Porsche 356B Super $235,200 Broad Arrow
1994 Porsche 911 Speedster $229,600 Broad Arrow
1987 Porsche 911 Turbo M505 Slantnose $198,800 Broad Arrow
2019 Porsche 911 Targa 4 GTS $165,000 Bring a Trailer
1966 Porsche 911 $162,400 Broad Arrow
1965 Porsche 356C Cabriolet $162,400 Broad Arrow
1993 Porsche 911 RS America $142,800 Broad Arrow
2022 Porsche 718 Cayman GT4 $126,500 Bring a Trailer
1956 Porsche 356A Coupe Outlaw $117,600 Broad Arrow
2008 Porsche 911 Turbo Coupe 6sp $99,997 Bring a Trailer
1964 Porsche 356C Coupe $87,000 Bring a Trailer
2009 Porsche 911 Carrera S Coupe 6sp $65,522 Bring a Trailer
1986 Porsche 911 Carrera Targa $62,720 Broad Arrow
1984 Porsche 911 Cabriolet $58,240 Broad Arrow
1988 Porsche 911 Carrera Cabriolet $55,440 Broad Arrow
1988 Porsche 911 Carrera Cabrioet $53,760 Broad Arrow
2006 Porsche 911 Carrera S Coupe 6sp $51,000 Bring a Trailer
2001 Porsche 911 Turbo 6sp $48,750 Bring a Trailer
356 Replica by Vintage Speedsters $45,000 Bring a Trailer
2009 Porsche 911 Carrera Cabriolet 6sp $33,750 Bring a Trailer
1999 Porsche 911 Carrera Coupe 6sp $27,000 Bring a Trailer
2001 Porsche 911 Carrera Cabriolet 6sp $24,000 Bring a Trailer
2001 Porsche Boxster 5sp $22,850 Bring a Trailer
1988 Porsche 944 Turbo $15,750 Bring a Trailer
1994 Porsche 968 Cabriolet $11,200 Braod Arrow
2000 Porsche Boxster 5sp $10,080 Broad Arrow
1988 Porsche 911 Carrera Cabriolet No Sale Broad Arrow
1961 Porsche 356B Outlaw No Sale Broad Arrow
1974 Porsche 911 Targa No Sale Broad Arrow
1974 Porsche 914 No Sale Broad Arrow
2022 Porsche 718 Cayman GT4 No Sale Broad Arrow
2005 Porsche Carrera GT No Sale Broad Arrow
1987 Porsche 911 Turbo No Sale Broad Arrow
1978 Porsche 911 Turbo No Sale Broad Arrow
1998 Porsche 911 Carrera S Aerokit No Sale Broad Arrow
1980 Porsche 911SC Targa No Sale Broad Arrow
*Prices in Red denote a high bid and no sale
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