It’s just another unfortunate sign of the times. This little 1995 Porsche 993 911 Carrera Cab has changed hands three times. In that time, its selling price has ballooned from $46,000 in February 2021, to $165,000 in January 2022.
The car was also sold once in between these two sales on Bring a Trailer for $66,000, back in May of 2021. That sale isn’t truly insane, though it is a nice profit for the owner who purchased it just three months prior. Bring a Trailer usually commands a premium and this is a clean, pretty little car.
But, what could possibly make the price then jump nearly $100,000 in less than a year at Barrett-Jackson? Is the market that cuckoo bananas? Well, unfortunately for you and me, it is.
Obviously, the car has a lot going for it. It has a clean CarFax and a tidy interior, plus an unusual paint choice – adventure green metallic. You can even grip grain on the steering wheel – which is exceedingly rare for a 911. But 165 grand? I don’t know. I just don’t know. The car isn’t a special edition or a Turbo. It’s just a base C2S. It doesn’t even have super low mileage, with over 63,000 miles on the clock.
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Handily, it’s got a dual cylinder motor, which it says will get you to 30PSI on a standard tire in as little as a minute, a flashlight, and a digital pressure gauge.
It remains to be seen what kind of impact this car is going to have on the rest of the 993 and 911 market as a whole. It’s hard to imagine this car is going to be the new standard bearer for convertible 993s – a car that has never been worth this much.
This car was sold at Barrett-Jackson’s latest Scottsdale auction – an auction that saw dozens of eye-watering results. In fact, it was the most lucrative auction in the company’s history. Between 1,857 vehicles and 1,153 pieces of automotive memorabilia sold for more than $203.2 million exchanged between hands.
So, is this the top pressure point on a used car bubble that’s about to pop, or is this just another example of car values getting further and further away from enthusiasts like you and me?