Porsche 993 Turbo S Price Update

Good Morning! After a strong weekend, it looks like the market had a bit of a hangover yesterday as our sell-through rate and dollar volume took a dive compared to what we’ve seen as of late.

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THE MARKET

Sell-Through Rate: 60%
Market Volume ($): $667,481
Market Volume (Units): 15

TOP SALES

2022 Porsche 911 Targa 4S $195,000 Bring a Trailer
2010 Porsche GT3 6sp $135,250 PCARMARKET
1979 Porsche 911 Turbo $91,430 Bring a Trailer
1993 Porsche 911 RS America Track Car $65,000 Bring a Trailer
2013 Porsche 911 Cab. $56,750 Cars & Bids

SPOTLIGHT

As a proper sendoff to the 993 Turbo, Porsche Exclusive produced 345 special “Turbo S” variants offering more power and more luxury than the standard Turbo. The power was handled by larger turbochargers, an additional oil cooler, and modified engine management producing 424 horsepower and the car had more luxury with lots of leather and carbon fiber trim. On the outside, the Turbo S differed with yellow brake calipers, a larger rear wing, and air scoops behind the doors a la 959.

Today’s spotlight car, the 1997 911 Turbo S pictured above, is a near-perfect example with only 7,000 miles on the odometer. Finished in Black on Black, the car was optioned with painted backrests, sports seats, a sunroof, and a Nokia audio system. In preparation for the sale, the seller painted the lower portion of the front bumper and had plenty of service work done replacing items you’d want to replace from a car that has been sitting as well as repairing the front oil cooler power supply, clutch hydraulic pressure accumulator, and engine insulation.

Although fairly rare, we see a few Turbo S’ cross the auction block now and then. Of the seven cars that have sold in the past year, only one has had fewer miles than our Spotlight car, a 2,800-mile example sold for $695,500 in June of last year. The next closest sale by miles was an example that sold for $643,000 with 19,600 miles.

Our Spotlight car was bid to $652,993 and failed to sell. While some might be surprised that this one was bid closer to the 20k-mile car than the 2,800-mile car, I think it was a fair bid. When you’re paying top dollar for a special car, you want a top example. The 2,800-mile car had 0 paintwork and even though the only paint on our spotlight car was just the lower front bumper, in this league, that matters.

You’d also want a closer look at the car based on the service records. It was great to see the seller bringing the car up to snuff after sitting for quite some time, but seeing that engine insulation was replaced and the front oil cooler power supply was also repaired has me thinking of rodents.

While big money for a great car, there were just a few questions that I think need to be addressed in order to see the dollar signs the seller was looking for here.

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