So what does the Silverstone Auction tell us about values?

[kevin bryant]

So what does the Silverstone Auction tell us about values?

The results have been listed as:
An original 1980 RHD 930 Turbo with 44,780 miles only. Highest bid on the day £48,000 but now showing as sold at £60,000
The 1981 Porsche Centre Leeds restored National competition car, sold for £118,125
A 1989 930 Turbo LE, and with only 49,600 miles from new, sold for £97,830
A 1985 SE Flatnose, the 1st UK 930 SE 'Flachbau'. Factory press car UNSOLD with an estimate of £150,000 - £170,000
A 1989 SE Flatnose, number 50 of 50, Right Hand Drive, UK delivered C16 Flachbau, sold for £165,940
And a 1981 930 for £39,380.

Bargain of the day though had to be the Tony Upson Turbo (81cmx 127cm) for £410 when other Upson pictures of a similar size when for nearly £2,000.

 

[jdpef356]

It looked like Auction was well attended. What would also be interesting is see is a breakdown of the people who attended.

How many were

Club members
Non club members
Trade
Overseas buyers

It would also be interesting to see bidding stats

How many sold to an attending bidder
How many sold to an on line bid
How many sold to Telephone bidders
How many sold to commision bidders

 

[MJB]

I'm not sure that a single auction tells us very much about values, in the same way that looking at the cars at a single dealer would not give much of an overall picture either. The inconsistency of some vehicles against others -the two 'flatnose' cars are a case in point- bears this out and it's only by looking at the auction in the context of the rest of the market that gives a truer reflection of values.

 

[albert911tg]

It was an interesting sale-the Automobilia sold very well-too rich for me! Some interesting results-the first Flatnose failed to sell but the last was sold for just shy of the top estimate. It put a few values in real terms. I felt that there was a lot of 'viewers' at the auction but not a lot of buyers and overall a good result all round and I look forward to the NEC next!

 

[jdpef356]

As I understand it members can take advantage by entering a Car or automobilia in any Silverstone auction. ie any time of year any location.

Although a great result perhaps did we have to many current owners/viewers and not buyers at Silverstone wing sale?

Will be intresting to see what happens at next auction see http://www.silverstoneauctions.com/

More details of Partnership with Silverstone auctions at https://www.porscheclubgb.com/about/partners

 

[SEE YA]

Values still holding up well nothing major maybe at the top end.

Most of us deal in the middle market. My next tip going the same way, as the 930 did is the 996 Turbo next five years watch this space £5k-£10k jump.

Good time to buy is now.

 

[Chrism1820]

"Most of us deal in the middle market. My next tip going the same way, as the 930 did is the 996 Turbo next five years watch this space £5k-£10k jump."

[/quote]



i have to agree, the 996 turbo has already started rising, only a few years ago you could pick one up for under £25k, now try getting one for under £30k. I think this will in turn push up the values of the 997 turbo gen 1, with the manual box and the last of the much loved Mezger engine, I see this following the 993 turbo and becoming out of reach to us "middle market buyers". The current pace of technology and Porsche's desire to be a more profitable and less specialised manufacturer will only galvanise these true sports cars to enthusiasts and petrolheads like me.

i recently had a 15 plate 991 c4 gts while my Cayenne was in for some work at my local Porsche Centre, amazing car but wouldn't swap it for my weekend warrior (993 c4), now that says it all for me.

interesting times ahead!!!