The Stuttgart Market Letter by Stuttgart Market Letter

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It's Octmotorfest! Time to celebrate

Is October becoming the Auction industry's "December to Remember"?

Good Morning! We hope you enjoyed Wholesale Wednesday yesterday, now back to the regular show. With that being said, I do hope you are enjoying this newsletter. I'll be working on a way to share this with your Porschephile friends this weekend, so get that email list ready for Monday!


THE MARKET

Sales ended 10/12: 22

Sell-Through Rate: 68%

Market Volume: $2,803,316



TOP SALES

2015 918 Spyder $1,630,000 Bring a Trailer

2019 GT3 RS $253,000 Bring a Trailer

2019 911 GT3 Touring 6-Speed $211,000 Bring a Trailer

1967 912 5-Speed $200,616 Bring a Trailer

2022 992 Carrera 2S Coupe $147,000 PCARMARKET


SPOTLIGHT

It's like Christmas... but in October

image

PHOTO CREDIT DRIVERSOURCE


As online auctions grew over the last two years, we've seen more and more full collections come to market on many of the different online platforms. Once only the realm of the legacy auction houses, this is becoming a new normal, even a holiday.


DriverSource, a dealer in Houston, TX, is following up on their successful 2021 Oktmotorfest with the sale of 11 low-mileage modern classics and well-restored sportscar icons. The most Halloween-worthy car is a 2003 996 Turbo X50 in Zanzibar, the perfect pumpkin-colored Porsche.


Other Porsche offerings include:


With recent online sell-through rates hovering around 70%, I'm wondering which cars might fail to sell. If the recent market affects this sale, I wouldn't be surprised if the transaxle cars or the 993 Targa stay in inventory.


The first cars go live this week with the remainder trickling out throughout the month. So grab a pumpkin-spice latte and happy bidding! We'll follow up to see how this collection fares once the Octmotorfest celebrations end.


NEW & NOTEWORTHY


AUCTIONS ENDED 10/12

2015 918 Spyder $1,630,000 Bring a Trailer

2019 911 GT3 RS $253,000 Bring a Trailer

2010 911 GT3 RS $241,000 Bring a Trailer

2019 911 GT3 Touring 6-Speed $211,000 Bring a Trailer

1967 912 5-Speed $200,616 Bring a Trailer

2022 Cayenne Turbo GT $187,000 PCARMARKET

2022 992 C2S Coupe $147,000 PCARMARKET

1997 993 C4S 6-Speed $133,000 Bring a Trailer

1991 911 Turbo $131,000 Bring a Trailer

2002 996 GT2 $91,496 Bring a Trailer

1964 356C Cabriolet $81,000 Hemmings Auctions

1983 911SC Targa $78,000 Bring a Trialer

2013 911 Carrera 2 S Coupe 7-Speed $72,500 Bring a Trailer

2000 996 C2 Coupe 6-Speed $50,500 Bring a Trailer

2004 996 Turbo Cabriolet $44,000 Bring a Trailer

1986 911 C2 Turbo 993 Look $36,911 PCARMARKET

1972 914 $36,250 Bring a Trailer

1988 928 S4 $26,928 Bring a Trailer

1999 Boxster $14,500 Bring a Trailer

2003 Boxster S $9,986 Cars & Bids

1984 928S $9,928 Bring a Trailer

1987 924 S 5-Speed $9,125 PCARMARKET

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