Mecum Auction for Porsche
#1
Rennlist Member
Thread Starter
Mecum Auction for Porsche
They auctioned a no mile '16 RS for $220. Seller got $198, buyer paid $242. Also auctioned an '11 RS with 300 miles for $800k from a collector, same buy/sale % apply. Bugatti Chiron and LaFerrrari did not hit reserve north of $3.5M each. Same collector owned all these cars except the '11 RS
BJ may be interesting.
BJ may be interesting.
#3
Interesting the 2011 GT2RS sold for that much. That may create a crazy precedent for the new one down the road...
#4
They were Michael *** cars. BJ has this going up for auction Saturday.
Ill be there to check it out:
Ill be there to check it out:
#5
Rennlist Member
$495k for 2011 GT2 RS with 677 miles
https://www.mecum.com/lots/FL0118-32...he-911-gt2-rs/
$434.5k for 2011 GT3 RS with ????? miles
https://www.mecum.com/lots/FL0118-31...orsche-gt3-rs/
https://www.mecum.com/lots/FL0118-32...he-911-gt2-rs/
$434.5k for 2011 GT3 RS with ????? miles
https://www.mecum.com/lots/FL0118-31...orsche-gt3-rs/
#6
Rennlist Member
Originally Posted by GT3
Interesting the 2011 GT2RS sold for that much. That may create a crazy precedent for the new one down the road...
Edit: Hammer Price shows 450. Mecum website shows 495, which I assume includes 10% buyer's premium?
#7
Here are the facts....
I was there at Mecum this past Friday... and both very low-mileage like-new 991.1 GT3RS and 997.2 GT2RS are indeed part of Michael ***'s collection... he had a bunch of his one-of Ferraris there too. And the white 4.0 997.2 GT3RS (it had 3,942 miles; one the very first 4.0's delivered to FL at Champion; he traded in his 3.8 RS for it) is owned by a local south FL collector (ex-racer J. Hinestrosa)... he also sold his 356C at Mecum on Saturday. The sold prices listed online on Mecum's site includes the premium (10%) added.
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#9
Burning Brakes
I have a hard time understanding some of these cars at auction when you consider auction fees.
Can someone more in touch with the RS market answer this for me please?
Couldn't the seller easily get more than 198k in his pocket for a 16 RS with low mileage? I understand the potential upside based on the bidders you get but it seems like in many cases the auction fees just don't make great sense. I really don't know much about the market though so maybe I am way off base.
Can someone more in touch with the RS market answer this for me please?
Couldn't the seller easily get more than 198k in his pocket for a 16 RS with low mileage? I understand the potential upside based on the bidders you get but it seems like in many cases the auction fees just don't make great sense. I really don't know much about the market though so maybe I am way off base.
#10
Rennlist Member
I have a hard time understanding some of these cars at auction when you consider auction fees.
Can someone more in touch with the RS market answer this for me please?
Couldn't the seller easily get more than 198k in his pocket for a 16 RS with low mileage? I understand the potential upside based on the bidders you get but it seems like in many cases the auction fees just don't make great sense. I really don't know much about the market though so maybe I am way off base.
Can someone more in touch with the RS market answer this for me please?
Couldn't the seller easily get more than 198k in his pocket for a 16 RS with low mileage? I understand the potential upside based on the bidders you get but it seems like in many cases the auction fees just don't make great sense. I really don't know much about the market though so maybe I am way off base.
#12
Originally Posted by wareaglescott
I have a hard time understanding some of these cars at auction when you consider auction fees.
Can someone more in touch with the RS market answer this for me please?
Couldn't the seller easily get more than 198k in his pocket for a 16 RS with low mileage? I understand the potential upside based on the bidders you get but it seems like in many cases the auction fees just don't make great sense. I really don't know much about the market though so maybe I am way off base.
Can someone more in touch with the RS market answer this for me please?
Couldn't the seller easily get more than 198k in his pocket for a 16 RS with low mileage? I understand the potential upside based on the bidders you get but it seems like in many cases the auction fees just don't make great sense. I really don't know much about the market though so maybe I am way off base.
#13
That GT2RS has sofa seats....auto pass for me. haha
#14
I have a hard time understanding some of these cars at auction when you consider auction fees.
Can someone more in touch with the RS market answer this for me please?
Couldn't the seller easily get more than 198k in his pocket for a 16 RS with low mileage? I understand the potential upside based on the bidders you get but it seems like in many cases the auction fees just don't make great sense. I really don't know much about the market though so maybe I am way off base.
Can someone more in touch with the RS market answer this for me please?
Couldn't the seller easily get more than 198k in his pocket for a 16 RS with low mileage? I understand the potential upside based on the bidders you get but it seems like in many cases the auction fees just don't make great sense. I really don't know much about the market though so maybe I am way off base.
#15
In more than one way i dont like this thread.
these cars are meant to be driven/tracked.
too many seem to think they are like vintage champagne.
Money has its value when used.
not sure how this translates but you get the idea.
these cars are meant to be driven/tracked.
too many seem to think they are like vintage champagne.
Money has its value when used.
not sure how this translates but you get the idea.