Good Morning! There's nothing more fun than leaving the track and heading off-road with your Porsche and the whole family. Today we take a look at the modified Cayenne market.

THE MARKET

Sell-Through Rate: 59%

Market Volume ($): $1,615,250

Market Volume (units): 22

• Although we saw decent market volume yesterday with over $1.5m in cars finding new homes, the sell-through rate took a tumble for a second day.
• What happened? It seems like the smaller auction companies failed to find buyers.

TOP SALES

2018 911 GT2 RS Weissach $391,000 Bring a Trailer

1997 911 Turbo $240,000 Bring a Trailer

2018 911 Turbo S Coupe $169,000 Bring a Trailer

1993 911 RS America $158,000 Bring a Trailer

1960 356B Coupe $123,000 Bring a Trailer

SPOTLIGHT

PHOTO CREDIT CARS & BIDS

With the recent rise in popularity of off-road Cayenne builds, one starts to wonder how these modifications affect pricing in today's market. Typically, modified cars do not sell for more than un-modified due to a number of factors.

With the old adage, "there's an ass for every seat", you are typically limiting the number of "asses" when you modify a car and the demand is low. Plus there is always a vast difference in the quality of installation. These statements hold true whether you're looking at a street car modified for track use, a turbo modified by a tuner, or in our case, a Cayenne modified for off-road use.

But with the surge in Cayenne builds over the last few years, how is this affecting the market?

For this, we take a look at 955 Cayenne S' as they seem to be a popular platform to modify from due to price and aftermarket support. The graph below shows recent sales based on mileage with the highly modified Cayennes sold in the past year noted by orange dots.

And as you can see, every peak in the market over the last 12 months has been a highly modified Cayenne S bucking the norm of other modified markets. This leads us to wonder, how many of these were bought low, jacked-up, and then sold high?

NEW & NOTEWORTHY

• Looking for a project car but something newer than an old 911 or 356 to empty your bank account with? This 1995 993 Carrera Coupe would do the trick.
• Loving the Halloween accents on this Modified 1989 911 Carrera Coupe 25th Anniversary.
• I eat my words. Here's a 2018 911 GT2 RS Weissach WITH MILES!

AUCTIONS ENDED 10/19

2018 911 GT2 RS Weissach $391,000 Bring a Trailer

1997 911 Turbo $240,000 Bring a Trailer

2018 911 Turbo S Coupe $169,000 Bring a Trailer

1993 911 RS America $158,000 Bring a Trailer

1960 356B Coupe $123,000 Bring a Trailer

1986 930 Turbo $121,000 AutoHunter

1989 928 S4 $112,000 Bring a Trailer

1977 911S Coupe $98,500 Bring a Trailer

2007 911 GT3 $95,000 Bring a Trailer

1996 911 Carrera Targa $85,000 Bring a Trailer

2011 911 Carrera S 6sp $74,000 PCARMARKET

1985 911 Turbo $70,500 Cars & Bids

1987 911 Carrera Coupe $66,500 Bring a Trailer

2012 911 Carrera S Coupe $64,500 Bring a Trailer

2019 718 Cayman S $61,274 Cars & Bids

2014 Panamera Turbo Executive $55,000 Cars & Bids

1988 911 Carrera Cabriolet Commemorative Edition $52,000 Bring a Trailer

2009 911 Carrera Cabriolet $39,000 PCARMARKET

1983 911SC Cabriolet Euro $31,500 PCARMARKET

2004 911 Carrera 4S Coupe 6sp $31,500 PCARMARKET

2006 Cayenne Turbo S $24,250 Bring a Trailer

2001 911 Carrera Cabriolet 6sp $23,250 Bring a Trailer

*Prices in Red denote a high bid and no sale.