Another Top Turbo Brings The Money

Good Morning! The first of the 9 cars offered at Barrett-Jackson’s Las Vegas sale crossed the block today with the remainder selling over the next two days. Even with BJ’s no-reserve format though, our sell-through rate was right at 70%. But thanks to a number of heavy hitters meeting the reserve, we were close to $2m in total dollar volume. Solid Wednesday.

THE MARKET

Sell-Through Rate (STR): 70%
Market Volume ($): $1,798,157
Market Volume (Units): 27

TOP SALES

1994 Porsche 911 Turbo 3.6 $415,000 Bring a Trailer
1992 Porsche 911 Carrera RS $263,000 Bring a Trailer
2019 Porsche 911 Turbo S Cab. $174,000 Bring a Trailer
1997 Porsche 911 Turbo Coupe $170,000 PCARMARKET
2018 Porsche 911 GT3 6sp $170,000 Bring a Trailer

SPOTLIGHT

When the 964 Turbo was introduced in 1990, it was equipped with the same 3.3-liter engine that the outgoing 930 used as the 3.6-liter M64 engine wasn’t developed in time for the release. It did however have several minor changes that made the engine smoother and less prone to the turbo lag of the 930s. By 1993 the M64 Turbo engine was ready for prime time, but with only two years of production, less than 1,500 examples were produced making it one of the most sought-after Turbo Porsches.

The rarity of the Turbo 3.6 is seen by the continuous and sharp rise in prices over the last two years, from an average of roughly $245,500 back in July of 2021 to an average of $321,500 and climbing that we see today.

Today’s Spotlight car, the 1994 911 Turbo 3.6 pictured above, was originally delivered to Oman before making its way to the United States by way of Switzerland. The car is finished in a stunning color combination of Midnight Blue Metallic over Matador Red special leather and shows roughly 38,000 miles on the odometer.

The car is presented in very good condition with paint meter readings, service history from Oman and Switzerland stamped in its maintenance booklet, and a fresh service in 2022 when it was acquired by the seller. The paint, interior, undercarriage, and engine bay are all highly detailed with little showing in the way of wear. An excellent example worthy of a higher-than-average price.

And a higher-than-average price it achieved with a final bid of $415,000 being enough to bring this one home. This price puts it in the top 5 of 3.6 Turbos sold over the last five years and a bump in price for other cars with similar mileage. The color and presentation put this one in the upper realm making this example well-sold, but in the next two years, if prices keep going the way they are, we’ll be calling this one well-bought for sure.

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