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1993 Porsche 911 RS America – Revisit

Published August 1, 2014 by Rob

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The first car we featured in our RS America Double-take has come back around for auction. Presumably, the dealer who bought it from the original seller is now looking to capitalize on the rapidly escalating market for these cars and has wasted little time in putting the car back up for sale. The asking price for this RS America in our original feature was $60,000 and with bidding for this auction already at $71,985 that’s already a decent bit of appreciation. At this point the reserve is unmet so we’ll have to see just how high this one might go.

CLICK FOR DETAILS: 1993 Porsche 911 RS America on eBay

The below post originally appeared on our site June 19, 2014:

The RS America is another example of a car Porsche produced as a means of satisfying enthusiast desires for production cars that were unavailable on the US market. In this case, the highly sought after car was the 964 Carrera RS, a completely revised, track-focused, version of the standard Carrera 2 that was both lighter and also more powerful than its production brethren. The RS America was never intended to fully mirror the Carrera RS in its extreme nature, but rather sought a less aggressive but nonetheless still enthusiast-oriented package featuring a stripped interior, sport suspension, and much fewer options. Today, their rarity makes them prized commodities on the 964 market as the two listings below should make clear. Here we have two examples of a Guards Red 1993 Porsche 911 Carrera RS America that fall in fairly different parts of the market. One is a higher mileage RSA that has seen some track time, while the other is a pristine, low-mileage example, with a stratospheric asking price. We’ll begin with the tracked car.

CLICK FOR DETAILS: 1993 Porsche 911 RS America on TheSamba.com classifieds

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Year: 1993
Model: 911 RS America
Engine: 3.6 liter flat-6
Transmission: 5-speed manual
Mileage: 116,000 mi
Price: $60,000

This car is 1 of 701 built.

If you are a Porsche 911 enthusiast, then you know this car and it’s significance. If not, go to www.rsamerica.net to learn all about this very special 911.

Was it tracked? Of course it was, its an RS America! The car has only seen DEs with a well- experienced driver, but mostly Autocross events. There is no evidence of this activity anywhere on the car.

Its an original vehicle with a clean car fax and 116,000 well maintained miles. It has recently had a major service and every little issue was addressed, it needs nothing and is ready to go. The car is located in Momence Illinois.

Please, no low ball offers, no scams (I promise I will ruin your day if I even think you are a scammer) and not interested in trades. Price is firm.

Email for a copy of the Carfax
Dozens more photos can be seen in this photo album.
https://www.facebook.com/media/set/?set=a.844320625595734.1073741951.184464434914693&type=1

For more information email jake@rabyenginedevelopment.com or call 706.219.4874 ext 635

509

That this car has seen a bit of track time shouldn’t surprise us too much as that was the ideal under which these cars were produced in the first place. Still, it appears to be in original condition, which actually is somewhat rare for these cars, especially those that have seen the track. With an asking price of $60,000 it’s probably a little on the high end given the mileage, but it’s certainly a reasonable ask on the current market. Our next example comes from the other end of the spectrum.

As far as overall condition goes, this is one of the best looking examples of an RS America I can recall coming across with a nearly flawless interior and exterior. It’s clearly been well cared for and comes with an abundance of service records. For someone hoping to stash one of these away as an investment this is the sort of car you’d probably be after. With that said, it’s crazy expensive and priced well above any price I can recall seeing for a RS America.

CLICK FOR DETAILS: 1993 Porsche 911 RS America on eBay

Year: 1993
Model: 911 RS America
Engine: 3.6 liter flat-6
Transmission: 5-speed manual
Mileage: 26,950 mi
Price: $185,000 Buy It Now

Very pleased to present this investment quality 1993 RS America, car 150 of 701 produced, this one even more rare than most from the factory with NO Sunroof, NO AC, Limited Slip, Current mileage a mere 26,950, Guards Red with Black, OEM 17×7 and 17×8 Cup 1 wheels riding on brand new Bridgestones. Stock M030 suspension. Only mods (invisible) Euro RS lightweight clutch, Weltmeister engine software, drilled OEM air box. Current on all service, no leak, no issues, etc. New OEM Porsche battery, Full service history from new, all organized chronologically in a 3 ring binder. Maintenance book has been stamped from day1 to current, same speciality Porsche mechanic from warranty end to current. All the books and manuals, 2 keys, complete and PERFECT tool kit, correct RSA jack, air compressor, gloves and lay down plastic, even an OEM RS America brochure. Porsche COA, Car recently received a full concours quality detail, paint correction, chassis detail (but left all the OEM cosmoline). There are NO swirls, blemishes, etc. Front bumper covered in Xpel film, no seams. Its easily a top 1% example in the world, Porsche Parade quality. Recent “Peoples Choice” award at PCA Skamania Lodge 50th Anniversary Celebration.

I’m not sure what a reasonable price for this pristine RS America would be, but typically these cars trade in the $40K-$70 range depending on condition. So it’s tough to see that asking price being met anytime soon. Given that, the first car clearly would be the better starting point for most buyers. It’s no bargain, but if everything on it checks out mechanically then its original condition should be a more important factor than the mileage when it comes to the long-term value of the car. It’s probably priced higher than what you’d want to pay if you were looking for a track car, but it could certainly serve that purpose well too.

-Rob

Published in Porsche and Revisit

5 Comments

  1. Z
    Z August 1, 2014

    So I’m going to pay all this money to get latest in hot air intake technology. What is it with people sticking cone air filter in the dead smack hot engine bay.

  2. audemars
    audemars August 5, 2014

    @ Rob

    This article will give you a better idea on the latest pricing. No high mileage RS Americas have sold for $40k in 2014. They are now way above that range.

    Article, Yahoo Autos:

    Why air-cooled 911s continue to skyrocket, and the best Porsches to snatch while they’re still cheap:
    By Marco R. della Cava
    July 25, 2014

    Porsche’s now-iconic 911 will be one of the star models at a variety of auctions unfolding during Pebble Beach’s annual Concours d’Elegance week, Aug. 13-17. A glance at Mecum’s catalog alone reveals glossy photos of candy-colored gems from the early ‘70s, including two Carrera RS Tourings and a few late ‘70s 935 IMSA standouts.

    Expect the bidding to be fierce and healthy six-figures high, reflecting this air-cooled car’s growing status as a must-have collectible.

    “These cars have been undervalued for decades,” says Bruce Canepa, an ex-Porsche racer whose eponymous restoration and sales shop in Scotts Valley, Calif., traffics heavily in pristine air-cooled Porsches. “Even a few years back, you’d show up with a 911 race car at auctions and things might take a bit to heat up. But now it’s Katie-bar-the door time.”

    Canepa has a few explanations for the uptick in 911 values, which extend even to the latest air-cooled iteration of the model, the 1995-1998 993. “Many of them were driven hard and used up, so now if you see one that has modest miles, it’s worth quite a bit,” he says, noting that rarer models such as 993 Turbos, early ‘90s RS Americas and now-legendary late ‘60s 911S are particularly sought after by collectors.

    “I recently sold an RS America for $145,000,” says Canepa, astonishment seeping into his voice. No kidding, considering that the same car could have been snapped up a decade back for considerably less than half that amount. “What’s the appeal? Well, Ferraris still live on another planet. But I like to say that 911s are still the best driving real sports cars on the planet.”

    Longtime Porsche magazine editor and enthusiast Pete Stout recently declared himself “astonished” at the creep in 911 prices, pointing out not just how early 911s – which leaped to life out of Porsche’s groundbreaking 356 in 1964 – with the right pedigree have gone up tenfold in value in recent years, but specifically how a 1973 Carrera RS 2.7 fetched $1.4 million at Gooding & Company’s Amelia Island auction this year.

    “Are these 911s worth more than a million dollars?” Stout wrote in his editor’s note in the May issue of Panorama, the magazine of the Porsche Club of America. “Is this the sign of a bubble about to burst? While the early 911 market feels like a bubble to me, it has felt like one for years. Yet prices keep climbing.”

    Stout goes on to say that he is “shocked by 911 and 964 Speedsters priced at $200,000, (and) clean 930 Turbos selling for $35,000 to $50,000 a year or two ago are moving toward and exceeding six figures.”

    Keith Martin, longtime publisher of Portland, Ore.-based Sports Car Market newsletter, counsels collectors with a yen and wallet for an early air-cooled car to “skip the early S model, and look for a 911 (E or T) from 1969 to 1973, which will be half the price (of a $200,000 S) but offer 95% of the driving pleasure.”

    Martin is particularly keen on the early and mid-’80s 911 SC, which represented Porsche “becoming a real car; they were comfortable, lasted forever and can still be had for $20,000 to $35,000. After that, the 911 started getting very complicated, with all-wheel-drive and turbos. Those are magnificent cars, but what they can do completely outstrips what you can do with them on the street.”

    Martin’s view of the continuing air-cooled 911 frenzy is that “it is good for the marque, because more people will restore these cars, so there will be more mechanics dedicated to them and more parts. But it’ll be bad for most enthusiasts, because they just won’t be able to afford many of the cars the way they used to.”

    Canepa echoes that dual sentiment. “I think it’s great these cars are being appreciated,” he says, pausing. “But, honestly, some days I wish it wasn’t happening. They’re amazing cars, and I’d hate to see them just turn into show queens.” Editor Stout laments the possibility that “fewer (911s) will be exercised as intended, and many will disappear into collections.”

    Ultimately, Stout’s advice for admirers of the marque is to take a harder look at the company’s more recent water-cooled models, which can offer plenty of fun without the now-exclusive pricing of air-cooled 911s. “Early Boxsters go for as little as $8,000,” he says. “As early 911 prices continue to rise, Porsche’s water-cooled sports cars look even better than ever.”

  5. Rob
    Rob August 7, 2014

    @audemars: Thanks for the keeping us up to date on this market! I’m pretty amazed at how quickly values for one of these have escalated and I’ll be interested to see at what price some of these eventually sell.

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