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RM Petersen Automotive Museum Auction 2018 Preview

    CBA Previews RM’s Petersen Automotive Museum Auction Los Angeles, CA Too Many – Too Soon?   RM has faced its share of challenges this year. From their Amelia Island auction’s weather caused unanticipated change of date to the multifaceted set of issues faced during their recent single marque solo auction at the Porsche 70th anniversary in Atlanta. They have weathered these storms (no pun intended) with varying degrees of success. But our biggest question with RM has remained – will RM’s auction schedule, and penchant for solo auctions, prove overly ambitious – even in the best of environments – or prove a smashing new model for success? RM is certainly not unaware that the auction market has been changing since mid 2016, with a shrinking number of good cars, leading to rising competition to represent the best (or more) cars, leading to…

RM Atlanta Porsche 70th Anniversary Auction 2018 Recap

    This auction recap is for all models previewed. Part I our full auction preview – on air cooleds – can be read at this link. Part II our full auction preview – on water cooleds – can be read at this link. CBA Recaps RM’s Porsche 70th Anniversary Auction Buyers Rule the Day … Sellers Face Headwinds How did we do?   Since Amelia 2018 we have been rather pessimistic when forecasting hammer prices in the face of what we view as overly optimistic estimates. We felt that while most examples here fell into that overly optimistic estimate pattern, some of the estimate ranges were realistic at their lower end (more so than at other recent auctions). But we also warned that this auction came wrapped in macro concerns about RM holding too many/frequent auctions, general price slippage and buyer exhaustion. However…

RM Atlanta 70th Anniversary Auction Part II

    CBA Previews RM’s Porsche 70th Anniversary Auction Porsche Experience Center Atlanta This is Part II of our auction preview for water cooled models from 2004 to date. Part I can be read at this link.   This auction is a single marque event being held in collaboration with Porsche on the heels of the official U.S. 70th anniversary celebrations which took place as part of Porsche Rennsport Reunion VI at Laguna Seca. The examples on offer appear to feature a tie in to the VRS/Exclusive/Classic departments whenever possible. RM limited the Lots to only one example of each model which was smart for several reasons. And estimate ranges for the most part seem a little more in line with reality than auctions of the recent past – which may have something to do in this instance with there being no other auction…

RM Atlanta 70th Anniversary Auction Preview Part I

    CBA Previews RM’s Porsche 70th Anniversary Auction Porsche Experience Center Atlanta One-off Auction – What Will it Produce?   This auction is a single marque event being held in collaboration with Porsche on the heels of the official U.S. 70th anniversary celebrations which took place as part of Porsche Rennsport Reunion VI at Laguna Seca. The examples on offer appear to feature a tie in to the VRS/Exclusive/Classic departments whenever possible. RM limited the Lots to only one example of each model which was smart for several reasons. And estimate ranges for the most part seem a little more in line with reality than auctions of the recent past – which may have something to do in this instance with there being no other auction houses to compete with for seller inventory. Although there seems reasonable interest in this one-off event auction…

PORS9 North America New to Market Count Monthly

The PORS9 North America New to Market Count Monthly is the number of vehicles added to the market in the calendar month for the models indicated. It indicates the momentum of model offerings. It is not a total count of the current market offerings for a model. The market includes Porsche franchise dealers, ad platforms/aggregators and eBay. Contact Us to Buy or Sell We are the only owner-to-owner network for buying and selling GT, Turbo amd Limited Edition Porsches. Our proprietary database of 20,000 vehicles includes models from the Carrera GT to the latest GT2/GT3. Turbo Models 997 Turbo, 997 Turbo S, 997 GT2, 997 GT2, 997 GT2 RS, 991 GT2 RS GT Models 997 GT3, 997 GT3 RS, 991 GT3, 991 GT3 RS Special Models 980 Carrera GT, 997 Speedster, 918 Spyder, 991 911 R * low transaction costs – transparent pricing –…

Pebble Beach 2018 Recap

    CBA Recaps Pebble Beach 2018 $2,500 Bid Increments – Low Estimates Abandoned – Carrera GT v. 918 Market   Rare Air Cooled Market Still Off? How Did the ‘Story Cars’ Perform? Watching these auctions what struck most was auctioneers trying to keep the bidding going on mid six figure cars (and higher) with $2,500 bid increments – felt odd. And that combined with the plethora of no reserve offerings … and as it turned out cars whose reserve was pulled well below low estimate … made events anticlimactic. Sure there were not a lot of great cars in the categories we pay most attention to compared to say Amelia Island 2018, but the response to what was available did not leave an impression even close to the auctions earlier this year. The energy did not seem to make it to the floor….

PORS9 Franchise Dealer Inventory Weekly Update

The PORS9 Franchise Dealer Inventory Weekly is a searchable and sortable table of the entire Porsche inventory for North American Porsche franchise dealers with links to dealer listings. It is updated every Wednesday. Contact Us to Buy or Sell We are the only owner-to-owner network for buying and selling GT, Turbo amd Limited Edition Porsches. Our proprietary database of 20,000 vehicles includes models from the Carrera GT to the latest GT2/GT3. Turbo Models 997 Turbo, 997 Turbo S, 997 GT2, 997 GT2, 997 GT2 RS, 991 GT2 RS GT Models 997 GT3, 997 GT3 RS, 991 GT3, 991 GT3 RS Special Models 980 Carrera GT, 997 Speedster, 918 Spyder, 991 911 R * low transaction costs – transparent pricing – confidentiality and anonymity * These are the hallmarks of the PORS9 experience! Contact Us to Buy or Sell

Pebble Beach 2018 Preview

    CBA Previews Pebble Beach 2018 Auction Market Players Disillusioned? 60% No Reserve – 55% Sub $250k Lots   Sellers unimpressed by recent auction results? Buyers balking at prices and commissions? Maybe buyers are exhausted and patient to see auction prices fall across the board – or maybe sellers are tired of auction houses over promising and under delivering – or maybe auction houses are feeling the pressure and are working to avoid no sales by lowering estimate ranges and requiring many offerings to be without reserve (all of which generally serves to attract lower priced examples and keeps higher value cars away). But no matter the reason Pebble 2018 auctions for the Porsche marque seem lacking. Consider the following stats for the high end houses for Pebble 2018: Gooding 30 Porsches offered, 17 are without reserve and 16 have a estimates below…

Carrera GT How Many Left? Salvage Export Accident

    Carrera GT … How Many Left?   Salvage – Export – Accident What’s this about? The Carrera GT has become a hot commodity lately. Prices down from the 2015/16 highs are on the rebound. The PORS9 database contains all 676 North America Porsche Carrera GT’s – how many are left undamaged? How many have left our shores? We have updated our Experian Autocheck data and are sharing summary info affecting the remaining supply for the North American market – including specific VIN data for Exports.  

Porsche Historical Sales Recap – Special Edition

    CBA Releases Porsche Special Edition Model Historical Sales Statistics!   What’s this about? The PORS9 database contains 20,000 Porsche vehicle profiles for North America from the Carrera GT through the 911R. This includes summary MSRP data which we have compiled and are releasing publicly for the first time. This is the third in a three part series of releases that covers the Turbos (2007 – 2013), GTs (2007 – 2016) and Special Editions (2004 – 2016) of the PORS9 database. There are 189 Porsche dealers in North America … so just how much in sales have Porsche and their North American dealers generated selling these Special Edition models? …. let’s find out and tally the total at the bottom of this post! Carrera GT (2004-2006) North America Units Sold: 676 Average MSRP: $445,446 Total Model Retail Sales: $301.1 million Our comment: The…

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