I had my eye on a few of the larger auctions during the past few weeks and noticed an interesting trend that seemed especially prevalent among higher-end Porsches: they were almost all selling for a good bit below the auction house’s estimates. Granted those estimates may have been off, but in a few cases the selling prices were definitely lower than I would have expected. Early 930s were the most common in that regard so we’ll definitely have to keep an eye on where those are as we go forward. At the Gooding and Co. auction this trend wasn’t limited to Porsches as it seemed nearly everything was selling below their estimates, which itself could suggest a general financial tightening. The one possible exception was the 993. Not every 993 sold reached the high estimates of the auction houses – though a few certainly did – but many of them were showing much better than their counterparts from throughout the air-cooled 911 line. All is this is to say that it appears the 993 is still going strong. The one we see here is exactly the sort that could follow that trend of maintaining strong values – even though, if we’re honest, the asking price here is too high. Here we have a Black 1998 Porsche 911 Carrera S, located in California, with the factory aerokit and just 19,714 miles on it.
All posts tagged 911
Over the weekend I took advantage of some frankly great streaming video from the IMSA Racing application to view some of the Rolex 24 at Daytona. And the action was thrilling, with several classes being decided not in the last hour, but in the last minutes. Of particular interest to me was the GTLM category, where Porsche had been going round after round with team Corvette over the past few years. And while they weren’t challenging for the overall victory, it gave me pause to consider Porsche’s contribution to racing. You see, Porsche has recorded 22 overall victories at Daytona, but what’s perhaps more impressive is the claimed 77 class victories they’ve claimed. It wasn’t to be this year, but one of the 991 RSRs did make it to the podium. Fitting, then, that we should look at one of the more impressive and expensive variants of the 911 RSR; the 993 Cup 3.8. Only 30 of these racing variants were produced; less even than the road-going 3.8 Carrera RS with which it shared its name. Lightened, widened and with something like 400 horsepower coming from the race-prepared motor, these are still seriously potent track weapons today some 20 years later:
CLICK FOR DETAILS: 1995 Porsche 911 Carrera Cup 3.8 RSR on Race Cars Direct
The Black 1994 Porsche 911 Turbo S Flatnose remains for sale and the sellers have reduced the starting bid significantly from the astronomical price of $950K to the still-insanely-high price of $600K. As this remains a reserve auction the actual selling price may remain the same, but perhaps this time it might actually receive a bid. This is a car we will likely have our eye on for a long time as it could give us one of the few chances to get a handle on what buyers are willing to pay for these ultra-rare Turbos. The price likely is still well above where it needs to be, but with time perhaps it will enter more reasonable territory. It does make me wonder though: what would be a reasonable starting bid for this auction?
CLICK FOR DETAILS: 1994 Porsche 911 Turbo S Flatnose on eBay
The below post originally appeared on our site January 5, 2016:
The Carrera 3.0 remains, to me, a somewhat mysterious car. Never offered in the US, these 911s followed in the footsteps of the fabled Carrera RS as a lightened and more powerful variant of an already excellent machine. The US market retained only the standard 911S, which used a 2.7 liter flat-six that remained hampered by restrictive emissions equipment. Now these highly regarded 911 models can be found on our shores, though their relationship – even if somewhat fleeting – to the Carrera RS has made them quite desirable. We’ve featured a few in the past and it has been tough to get a sense of where the market exactly lies as asking prices and auction bids rarely seem to match up. But here we have another, a restored Oak Green Metallic 1976 Porsche 911 Carrera 3.0 located in Belgium, that has seen plenty of miles during its life and currently shows around 112K miles.
CLICK FOR DETAILS: 1976 Porsche 911 Carrera 3.0 Coupe on eBay
Since we’re currently buried under a couple feet of snow here in the mid-Atlantic, what better time to feature a Cabriolet! Cruising top down, snow and road salt splashing through your hair, with just the faintest sensation left in your fingertips as you slide around another icy corner. It just doesn’t get any better. So, maybe that’s not the ideal scenario, but really attractive cars don’t take days off because it snowed somewhere else so our eyes must remain open. Here we have a Velvet Red 1989 Porsche 911 Carrera Cabriolet, located in Florida, with a contrasting Linen and Burgundy leather interior and 33,594 miles on it. This is not a color combination we frequently see. While we come across a Linen interior from time to time it is almost always with a Blue or Grey exterior. The contrast here with Velvet Red is particularly striking and even though Linen probably would not be most buyers first choice it certainly serves to set a 911 like this one apart from the others.