Air cooled values seems to have changed

[techweenie]

There is a 993 Turbo S being advertised for just over a million. I'm guessing that'll be a new record if it sells even close to that.

[Flynt]

Originally Posted by techweenie

There is a 993 Turbo S being advertised for just over a million. I'm guessing that'll be a new record if it sells even close to that.

What color is it? I was working a deal on one and the line went quiet. It was a 1 of 1 car.

[techweenie]

Originally Posted by Flynt

What color is it? I was working a deal on one and the line went quiet. It was a 1 of 1 car.

Silver. Its on eBay.

[Flynt]

Thanks Bill, hadn't seen it.
Silver one for 7 figures.. yeah okay.

[Tonger]

Originally Posted by Macroni

Snippet of Bloomberg Recap of disappointing Monterey Auctions pertaining to Porsche.......

Perhaps nowhere was the market more turbulent than among the top-tier Porsches.

Broad Arrow saw the highest number for the marque, with its $1.8 million sale of a 918 Spyder—even as the auction house failed to sell such Porsches as a 1973 911 Carrera RS2.7 Lightweight (bid to $2.2 million and unsold), a 2022 911 GT2 RS Clubsport ($660,000, unsold) and a 2007 RS Spyder EVO ($4.7 million, unsold).

RM Sotheby’s sold a 2019 Porsche 935 for $1.45 million and a 1988 Porsche 959 for $1.5 million, but it failed to find bidders for things like the 1957 Porsche 356 A, which was bid to $1.1 million.

Gooding, meanwhile, withdrew several of the Porsches initially listed for sale and saw others remain unsold during the public portion of the auction, including a 1996 911 GT2 bid to $1.4 million and a 1975 911 Carrera 3.0 RSR bid to $1.5 million—all while Bonhams sold a 1966 Porsche 906 Coupe for almost $1.9 million.

“Few models hit the heights, and it’s hard to spot a trend,” Steve Wakefield wrote in an auction report for K500, a car collecting guide. “Genuinely special Porsche 911s, not the modern product of the marketing department in Stuttgart, did well.”



It seems to me that $2.2 Million for a 73RS lightweight is a fair price and $4.7M for a RS Spyder is multiples of its value in the last two years. We have gotten spoiled by the ever-growing values of cars and are having a hard time accepting changing reality.

A bit of added context - The 2.7 RS Lightweight was actually a factory safari rallye car with quite a bit of ‘patina’. I was in the audience when it rolled across and it is actually listed at $2.4M now.

https://www.broadarrowauctions.com/vehicles/jc23_117/1973-porsche-911-carrera-rs-2-7-m471-lightweight-safari-rallye

[Unobtanium-inc]

Originally Posted by NYNick

I'd love a 356 driver.

I'm a 356 driver, but already married, sorry Nick....

---Adam

[Macroni]

Originally Posted by Tonger

A bit of added context - The 2.7 RS Lightweight was actually a factory safari rallye car with quite a bit of ‘patina’. I was in the audience when it rolled across and it is actually listed at $2.4M now.

https://www.broadarrowauctions.com/vehicles/jc23_117/1973-porsche-911-carrera-rs-2-7-m471-lightweight-safari-rallye

$2.2M (I believe) is almost $2.4 w/ fees. These situations always seem strange to me......

[Macroni]

Originally Posted by techweenie

Silver. Its on eBay.

https://www.ebay.com/itm/394826572764?hash=item5bed7f63dc:g:FjUAAOSwZvxkxTS L&amdata=enc%3AAQAIAAAA4NZfbyKh5lbrplO0l3k58BTIOEn HsESWYmqVm5AM0BAOxb5T5qKNPdBW4Jw4xDx0QaFvHcmWBWfW7 2dDIAfp4PRnRXEMbfGJ8vsu7V3akUpw8%2FXVBl7CRShgfMRoR eFBDhwbQweSc7MJI6zsmq9I9lTh7Qoo%2FTTiB7cMggWphTg%2 F%2F7k6luNnjvb3w%2BhOrdR%2BSDBV3tJfywcDg7IOPKwMiRG fZ8Te%2Fqcwg3Qeg9aFgdeuJLWhHHM%2BtScyv1CcL2JX8dBFr goWjS%2FzB5tCcb5cChAt1r8JpYDRhPTEB6ugYp6s%7Ctkp%3A Bk9SR9iq4r7EYg


Mileage brings the dollars.

[cmpski]

Each car has to stand on it's own merits. Two cars of the same year, any year, could have values of thousands, maybe 10's of thousands more or less than the other car. It depends on what level of car your looking for. Perfect, driver, DIY project. To ask what a 85 Carrera is worth, just to pick something out of the air, is meaningless. What 85 Carrera? What Color, rust, no rust, stock, very personalized, suspension, drivetrain, electronic glitches, none, etc, etc, on and on. Having spent some time restoring Longhoods, I've become paranoid. Finding one that's as advertised is few and far between. 15 to 20 years ago these cars weren't worth much. And they were repaired as almost valueless cars just to pound around in. If shunted, who cares. Body work to repair the body work, and done properly is VERY expensive. The paint off restorations I'm doing end up in the 3 to 400,000 dollar mark not including the cars. Those numbers bum me out and it takes the fun out of it for me.
I've driven SC's and 84 to 89 Carrera's. I just can't get into them. They're like lead sleds. Yuck. I think my Porsche days are numbered.

[techweenie]

Agree with every word ^

[911mhutch]

Agreed ^

[Macroni]

Originally Posted by cmpski

Yuck.

Silly & Obvious Statement.....

Every evaluation is subject to various parameters of analysis and these Parameters are always moving from one moment in time to another; constantly changing what a tangible asset is worth. Example current 7% Interest rates and 80s vintage Porsche marketplace....

Restoration Costs in today's market is not so much cost driven as supply driven. Artists are going to get paid.....

[Matt Monson]

Would this be a good place to mention that I’ve got a pocket listing on a 57 speedster rough driver project?

[Macroni]

Originally Posted by Matt Monson

Would this be a good place to mention that I’ve got a pocket listing on a 57 speedster rough driver project?

Every Porsche Fan's fantasy.....

[Matt Monson]

Originally Posted by Macroni

Every Porsche Fan's fantasy.....

No doubt. I would have bought it already if I could afford it. It belongs to a cousin. I told her I would help find a buyer.

[Macroni]

Rough Driver project......

I'm assuming your cousin's speedster is a driving, numbers matching w/ rust issues in need of full mechanical re-build.

[Matt Monson]

Originally Posted by Macroni

Rough Driver project......

I'm assuming your cousin's speedster is a driving, numbers matching w/ rust issues in need of full mechanical re-build.

Other way around. Engine is out, fully rebuilt on a non-matching case, waiting for the fuel system to be gone through. Needs paint and interior, but actual chassis repairs (rust) won’t be much. Obviously needs a top. It’s been in dry storage in UT for 20+years or so. It was her dad’s car. They’ve had an appraisal done.

[Macroni]

appraisal guess. $150,000 to $175,000

[Matt Monson]

Originally Posted by Macroni

appraisal guess. $150,000 to $175,000

Nailed it.

[Macroni]

Originally Posted by Matt Monson

Nailed it.

Non-matching case is a big deduction. Great candidate for a $750,000 Emory outlaw build....