Broad Arrow Porsche Auction 2024 - solid 911, mid-engine in demand
Summary
Exclusively Porsche sports and racing cars including a Ruf BTR Twin worth a total of almost USD 29 million were auctioned by Broad Arrow Auctions on April 27, 2024 in Costa Mesa, California. However, the highlight did not stand out. Buyers prefer blue chips such as 918s, Carrera GTs or 911 classics.
This article contains the following chapters
- Two thirds sold
- Young (neo) classics most expensive
- The flounder did not sting
- 3 of 7 Porsche 356s sold
- 25 of the 40 911 variants sold
Estimated reading time: 3min
Preview (beginning of the article)
On April 27, 2024, Broad Arrow Auctions, in cooperation with "Air | Water and Luftgekühlt" in California, auctioned 55 Porsches, a RUF-Porsche and some automobilia. The cars had been valued in advance at a total of USD 28.6 million. A quarter of them went under the hammer without a reserve price. On average, the cars were 35 years old, so young cars were well represented. 35 sports and racing cars were sold for a total of USD 13.56 million, meaning that buyers paid USD 387,304 per car. On average, the highest bids reached 85% of the average estimate. The three most expensive Porsches sold were a Porsche 918 Spyder Weissach from 2015 (USD 2.865 million), a 959 Komfort from 1988 (USD 1.930 million) and a Carrera GT built in 2005 (USD 1.793 million).
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