A Rare 3.2 Club Sport Fails To Sell

Good Morning! It was a later night than usual for me as I was up watching Broad Arrow’s first night of the Monterey auction live stream on YouTube. The Porsche market looked a little light last night as we saw a sell-through rate of only 53%, and only one car sold for over $1m. More to come Sunday once all of the Monterey action closes.

THE MARKET

Sell-Through Rate (STR): 74%
Market Volume ($): $874,356
Market Volume (Units): 19

TOP SALES

2004 Porsche 911 GT3 $145,000 Bring a Trailer
2021 Porsche Taycan Turbo S $125,200 Bring a Trailer
1975 Porsche 911S Coupe 5sp $93,000 Bring a Trailer
1975 Porsche 91S Coupe $77,500 Bring a Trailer
2005 Porsche 911 Turbo S Cab. $75,500 Bring a Trailer

SPOTLIGHT

Built for enthusiasts looking to take their 911 from the dealer lot right to the race track, the Carrera 3.2 Club Sport was a lightweight, stripped-down variant of the 911 that featured a blueprinted engine, a short-shift, close-ratio G50 transmission, and track-bias suspension modifications. Only 340 M637 units were produced worldwide, with just 28 coming to the States.

This 1989 911 Carrera Club Sport is one such U.S. example, but it has made its way overseas and is offered out of Wuppertal, Germany. Finished in Black over a Linen Pinstripe Velour interior, the car has roughly 70,000 miles on the odometer. Interestingly, this example has been fitted with European-specification headlights and rear bumperettes, with the original included in the sale.

Club Sport sales are few and far between as these cars are rare. The only car to sell in the US over the last five years was a 29,000-mile example finished in PTS Linden Green that brought $467,000 at the Monterey Gooding & Company sale last August. Two other cars have been auctioned here but failed to sell at high bids of $140,000 and $154,000.

Our Spotlight car went unsold at a high bid of $131,000, not far from winning bids on cars sold on overseas auction sites with similar mileage. Maybe the seller thought trying to sell a US example on a primarily US platform would bring more money. If that were the case, I would have returned the car to US spec.

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