Strong Money For This 356SC

Good Morning! On June 8, 1948, Porsche received its general operating permit for 356 No. 1 and a legend was born. 75 years later, Porsche is about to make history again. I highly suggest you watch the YouTube stream from Porsche starting at 3:40 pm EST. Just minutes before 3:56 🤔

THE MARKET

Sell-Through Rate (STR): 71%
Market Volume ($): $1,222,260
Market Volume (Units): 24

TOP SALES

2016 Porsche 911 GT3 RS $236,000 PCARMARKET
2018 Porsche 911 GT3 $175,991 Bring a Trailer
1965 Porsche 356SC Coupe $135,000 Bring a Trailer
2021 Porsche Taycan Turbo S $126,969 Cars & Bids
1984 Porsche 911 Coupe $101,000 Bring a Trailer

SPOTLIGHT

Porsche’s 356 was born as we now know in 1948 and ended in 1965 with the 356C. Introduced for the 1964 model year, the C featured disc brakes, radial tires, and the optional “SC” engine which was the most powerful pushrod engine Porsche had ever produced.

This 1965 356SC Coupe was refinished in its original color of Ruby Red over Black leather in 2022 and looks to be in very good condition based on almost 200 photos in the gallery. The matching numbers engine was overhauled in the mid-nineties with a big-bore kit upping the displacement to about 1,720cc. Other upgrades include a 12-volt electrical conversion and larger wheels to improve the ride. All of the things you’d want to do to a 356SC for the perfect drive.

Over the last few years, SC Coupes have remained fairly steady after a brief climb from 2018 to 2019. Nice drivers tend to hover just above $100,000 with a few notable examples fetching just shy of $200,000. Both of those cars were rare colors restored to absolute perfection with one being a former Manhattan Trophy winner.

Our Spotlight car sold for $135,000 yesterday on Bring a Trailer. While not a rare shade and not a perfect concours restoration, it still sold on the high end of recent comps and is the second-highest sale since January 2020. Knowing what it takes to bring a 356 up to this condition, I’d have to say the price paid was fair. The buyer definitely has a “better than driver” quality car ready to be enjoyed.

To read the FULL Stuttgart Market Letter, with Noteworthy Sales (and No Sales), New Listings, and a full rundown of every Porsche sold today, subscribe below.