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.
