Porsche's that are selling like hot cakes 🎂

PLUS: The very Porsche 🚗 auctions from across all sites

The Daily Vroom

Good morning, Vroomers! 🌅

Today, we're shining the spotlight on the iconic German brand, Porsche. I've dug deep into this month's sales insights and trends, and also highlighted some of the most notable Porsche auctions. Curious about where a particular Porsche model is manufactured? Check out the map detailing all their factory locations in a recent post I crafted.

Stay tuned for tomorrow, as we unveil breaking news about a novel platform set to launch in September. But for now, let's dive into the results from yesterday.

MARKET LEADERBOARD

Beyond the leading four websites, the majority often grapple to achieve sales of five or more cars on most days. Yesterday presented a modest sales performance, totaling just above $5 million. Notably, Bring A Trailer accounted for over 60% of that sum.

Top Three Sales Of The Day

PORSCHE SALES IN AUGUST

Porsche: A Blend of Elegance & Power
From the first glance, it's clear that Porsche represents a harmonious mix of style and performance. The design, while being sleek, also speaks to the car's racing heritage.

Driving Experience
Behind the wheel of a Porsche, there's a connection between the driver and the road. The experience is smooth, yet powerful, reflecting the brand's commitment to top-tier engineering.

August Sales Insights
Diving into the data for the month, Porsche's appeal remains consistent. Here's a closer look at the sales insights and trends for August.

  • Count: There were 351 Porsche sales recorded this month.

  • Average Price: The average sale price was approximately $80,933.

  • Median Price: The median sale price was $50,120. This means that 50% of the cars were sold for less than this amount and 50% were sold for more.

  • Minimum Price: The least expensive Porsche was sold for $7,020.

  • Maximum Price: The most expensive Porsche was sold for $1,550,000.

  • 25th Percentile: 25% of the cars were sold for less than $26,375.

  • 75th Percentile: 75% of the cars were sold for less than $95,425.

The least expensive Porsche sold for $7,200

Here are the top 5 most expensive Porsche sales this month:

  • 1976 Porsche 934 Race Car sold for $1,550,000 on "Bring A Trailer".

  • 1995 Porsche 911 GT2 Race Car sold for $800,000 on "Bring A Trailer".

  • 2019 Porsche 911 GT2 RS Weissach sold for $439,000 on "Bring A Trailer".

  • 2016 Porsche 911 R sold for $416,000 on "Collecting Cars".

  • 1992 Porsche 964 Carrera RS sold for $340,000 on "PCARMARKET Auctions".

  • Bring A Trailer: Dominates sales across a wide range of Porsche models, particularly for the "911 Carrera", "911 Carrera S", and "Cayenne".

  • Cars & Bids: This platform sees sales for models like "Cayenne", "Macan", and "Boxster".

  • Collecting Cars: The platform has a wide variety of Porsche models, with the "911 Carrera" and "Cayman" standing out.

  • PCARMARKET Auctions: Major sales include models like "911 Carrera" and "911 Carrera S".

The side-by-side bar charts illustrate the models with the highest and lowest average sale prices:

  • Top 5 Models by Average Price (Left Chart):

    • 911 GT2 RS and 911 Turbo S are among the models with the highest average sale prices.

  • Bottom 5 Models by Average Price (Right Chart):

    • Models such as 718 Cayman and Macan S have the lowest average sale prices.

The majority of sales came from the early 2000’s, with very few pre-1970’s.

This Heatmap gives you a clear picture of the exact models the top platforms have sold this month.

  • Bring A Trailer: Dominates sales across a wide range of Porsche models, particularly for the "911" and "Cayenne".

  • Cars & Bids: This platform sees sales for models like "Cayenne", "Macan", and "Boxster".

  • Collecting Cars: The platform has a wide variety of Porsche models, with the "911" and "Cayman" standing out.

  • PCARMARKET Auctions: Major sales include the '“911”.

  • The majority of the cars are sold within the price range of approximately $0 to $200,000.

  • The most frequent price range for cars sold is around $50,000 to $100,000.

  • Fewer cars are sold at higher price points, but there are still some sales in the range of $200,000 to $500,000 and even beyond.

PCarMarket don’t sell too many Porsche’s (or cars in general), but when they do sell one you can bet your bottom dollar the price will be high.

You knew it was coming 😀 The most popular day of the week to buy/sell a Porsche this month is Tuesday. For those that have read previous posts from me about trends in other models, Tuesday is the day that pops up more than the rest.

 

PORSCHE AUCTIONS

Having delved into an extensive analysis of Porsche sales this month, I've curated a unique selection for you. Here are five distinct Porsche models, each from a different online auction website. The diverse range ensures you get a taste of what the market currently offers.

The best part? All these auctions are set to conclude in the upcoming week, offering you a timely opportunity to make a potential acquisition. Whether you're a Porsche aficionado or a budding enthusiast, this selection promises something intriguing for everyone.

VROOMY READS

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Sit back, relax, and enjoy the most captivating reads on the automotive world. 🚗💨 Happy reading! 📰😊

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