Just How Rare Is This 997?

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Good Morning! If the chart below were a roller coaster, we’d all have our hands up screaming as we plunged toward Earth. Good for roller coasters bad sign for markets.

THE MARKET

Sell-Through Rate (STR): 53%
Market Volume ($): $679,750
Market Volume (Units): 19

TOP SALES

2017 Porsche 911 Turbo S Coupe $172,000 Bring a Trailer
2016 Porsche Cayman GT4 $105,500 Bring a Trailer
356 Speedster Replica by Vintage Motorcars $75,500 Bring a Trailer
1984 Porsche 911 Coupe $63,000 Bring a Trailer
2010 Porsche 911 C4S Cab. 6sp $56,500 Bring a Trailer

SPOTLIGHT

Certain Porsche options add value to a standard car due to their rarity and desirability. Options such as Paint to Sample (PTS), CXX options, X-engine upgrades, wheels, and Aerokits are all desirable, but it comes down to how many cars were ordered with said option, and that varies greatly from generation to generation.

For example, there are way more PTS 992s than there are PTS 911SCs, so we see a higher price bump for PTS on SCs than we do 992s. Same for X51 equipped 993 Turbos vs. X51 equipped 996 Turbos. The X51 package adds more value to 993 Turbos as we don’t see as many equipped with the power package as we do on 996s.

This brings me to today’s Spotlight car, this 2006 911 Carrera S Coupe 6-Speed equipped with a factory Aerokit. It’s finished in Black over Sand Beige leather and has only 34,000 miles on the odometer. Along with the Aerokit, this example is equipped with 19” Carrera Classic wheels, Bi-Xenon headlights, Heated Front Sport Seats, PCM, and BOSE. It also has an aftermarket intake and exhaust system from Fabspeed Motorsport.

So how does the Aerokit affect 997 values? In the last three months, four of the six 997 Carrera S Coupes to sell over the moving average of $50,000 have been Aerokit cars, so it was no surprise for our Spotlight car to sell for a high bid of $55,500. What is a surprise is that it sold at that price with only 34,000 miles. Comps for other Aerokit cars come in at $77,997 for an example with 24,000 miles and $62,500 for an example with 36,000 miles.

Maybe the aftermarket parts put people off on this one, but they aren’t anything that isn’t easily replaced with stock. Also, the listing has no mention of paintwork, and no paint meter readings are provided. Either way, this car should have been in the $60s. Well bought here.