At $58,875, Was This 356B T6 a Bargain?

Good Morning! One sale. We were one sale away from not only $1m, but a 100% sell-through rate, which is something I haven’t seen since starting the Stuttgart Market Letter last year. So close!

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THE MARKET

Sell-Through Rate: 93%
Market Volume ($): $975,578
Market Volume (Units): 15

TOP SALES

2011 Porsche 911 GT3 RS Modified $246,000 Bring a Trailer
1989 Porsche 911 Turbo Cabriolet $188,930 Bring a Trailer
2007 Porsche 911 Turbo Coupe 6sp $136,555 Bring a Trailer
2006 Porsche 911 C2S Coupe 6sp $66,000 Bring a Trailer
2008 Porsche 911 C4S Coupe 6sp $65,000 Bring a Trailer

SPOTLIGHT

When it comes to Porsche 356 values, they tend to run in a wide range dependent on several variables, such as year, engine, top, series, builder, mileage, and of course, condition. In the course of a month, we’ll see anywhere from the mid $20s all the way up to multiple hundreds of thousands of dollars and in some cases beyond.

Today we’re looking at 356B T6 Coupes. The T6 Coupe was introduced in 1961 and was initially built by Porsche’s traditional coach builder, Reutter. But after that initial run of 1,400 cars, production was switched over to Karmann and production increased dramatically over the next two years to around 12,000 vehicles.

Our Spotlight car, the 1963 356B T6 Coupe pictured above, comes to market after 20 years of ownership. During the seller’s stewardship, the car was treated to a repaint in 2020, a refreshed interior in 2013, LED lighting, and a 12-volt electrical conversion. From the pictures, the car appears to be in driver quality with blemishes in the paint, some overspray, an undercarriage and engine bay needing detailing, and another interior refresh. Also missing from the listing is any indication of matching transmission numbers, a blank engine serial number, and no Kardex.

It sold for $58,875 over the weekend on Bring a Trailer. While many in the comments thought this was stolen, I think that this was a fair deal for both parties. At 12,000 units produced, the T6 Coupe by Karmann isn’t very rare. It has the standard 1.6-liter engine with no serial number and the transmission’s originality is questionable. It’s not $25k project money, but it would take some work to get it up to the high end of later T6s at $165,000 making the price paid a solid number for a car that will be enjoyed on the road and not the concours lawn.

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