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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….

Porsche Dealer Inventory Weekly Updated 9-19-2018

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…

Porsche Historical Sales Recap – GT

    CBA Releases Porsche GT Model Historical Sales Statistics!   What’s this is 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 second 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 GT models? …. let’s find out and tally the total at the bottom of this post! 997.1 GT3 (2007-2008) North America Units Sold: 963 Average MSRP: $119,132 Total Model Retail Sales: $114.7 million Our comment: The Mezger…

Porsche Historical Sales Recap – Turbo

    CBA Releases Porsche Turbo 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 first in a three part blog 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 franchise dealers in North America … so just how much in sales have Porsche and their dealers generated selling these Turbo models? …. let’s find out and tally the total at the bottom of this post! 997.1 Turbo Coupe (2007-2009) North America Units Sold: 5,166 Average MSRP: $137,045 Total Model Retail Sales: $707.9 million Our comment: Pretty strong…

Amelia Island 2018 Recap

    CBA Recaps Amelia 2018 How Did We Do? Our Take on the Results!   Big Results – Lessons Learned? It's Amelia 2018 and some serious Porsche hardware was on offer. But it was lukewarm in Florida. For several reasons not all related to the cars themselves. First off the weather. Most impactful was that RM moved its auction up to Friday afternoon due to weather concerns related to the concours event. This certainly threw things off for them. And in general northern East Coast weather may have kept some from traveling. Generally many felt that attendance was moderate, maybe even thin compared to previous Amelia attendances. Buyer enthusiasm in general was also felt to be off. Maybe buyers are saturated. So many cars traded in 2015/16 and many buckets are full. So buyer fatigue may be at play. Finally, with that in…

Amelia Island 2018 Auction Preview

    CBA Previews Amelia 2018 Rare 1990’s Porsche Cornucopia Questions to be Answered!   Is Amelia the #1 U.S. Auction for Porsches? It’s Amelia 2018 and some serious Porsche hardware is on offer, making this the most in depth sale of rare 1990’s air cooled’s in a single auction weekend for many years – and perhaps establishing Amelia as the most important auction of the year for collectible 1990’s Porsches. Maybe more so than Pebble Beach. This auction feels a lot like RM London 2016 or RM Paris 2017 when financial markets were strong and it was obvious that the rarest cars were not going down in price. Amelia 2018 promises to answer some serious questions. Are rare air cooled Porsche prices on the rise or stagnant? Will the strongest euro to dollar rate in three years push dollar bids up – and…

Barrett Jackson 2017

    Barrett Jackson Auction Results   October Las Vegas is not the typical venue for Porsche auctions but there were noteworthy results for the North American Millennial market. 2008 997 GT2 – GT Silver Metallic – 14,500 miles – 5 Owner – $222,000 all in. Very good money for a car with this history and mileage. View this vehicle at PORS9. 2011 Speedster – White – 1,523 miles – 2 Owner – $250,000 reserve not met. The owner should have taken the money. These cars were $225,000 at their peak and the market has fallen quite a bit since then. See this vehicle at PORS9. 2015 918 Spyder Base – PTS VooDoo Blue w/ Martini livery – 1,300 miles – 2 Owner – $1,760,000 all in – reserve pulled to sell the car. This car was on offer for $2.4m when it sat…

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