Being in the market for a 4.0, I was watching the auctions closely this weekend. A white and Black 4.0 sold for $380k and $370k respectively, with miles in the 4-5k range. These are hammer prices not including buyer premiums as I understand

 

Those prices are leaving me hopeful but with buyers premium it is $418 and $407. I also heard that some auctions where dropping there premiums to 6% on both sides to get sales this year.

 

yes, but sellers have to price in sellers premium (10%) which would be $342k and $333k net

 

Wasn't that white 4.0 on sale by someone on RL for like $500k a while back?

 

I think you're correct. I remember seeing a similar building the photos were shot in with a white RS 4.0. Something about the owner re-vamping a commercial building he had.

 

Best prices on 4.0's we've seen in long while. Still not "cheap", but probably biggest /only pullback we've seen since they LAUNCHED from just over msrp.

 

I think if you look at all the Porsches on auction this weekend, it was fairly soft.

And prices at Gooding overall, I don't think were as soft as they were for Porsches, it's just
that the Porsches didn't generate a lot of competitive bidding interest.

 

Look across the board it's been a pretty bad weekend for car auctions. Majority of the lots at RM, Bonhams and Mecum sold below low end of estimates. Whereas Porsches have been weak for the past 9 months, run-of-the-mill Ferraris are now having a dog's time too.

 

There might be some buyer fatigue out there is my guess. I would have probably bought that Black one but with the buyer premium I'd be around the same price that I paid for a my 4.0 with a CPO. Just confirms that what I paid was definitely in the ballpark.

 

That makes two happy buyers out there... Hope they get to drive this car in all its glory!

 

Have you driven yours yet? I'm awaiting some feedback?

I just bought a 2k miles 3.8RS and really enjoy it. I am 99% sure that I will buy a 4.0 as well. I've heard from Mooty that there is a huge difference.

As far as prices, the market has gotten soft. Premium is probably for cars with under 2k miles?

 

Just around the block a few times. Car got fully detailed with paint protection and I'm waiting for the fully wrap to get installed. The car does sound different, has more power/torque, and suspension feels different.

 

I thought Gooding had unrealistic estimates. Now that Monterey is over, I'm waiting to see what hits the market in the next few months with cash in hand.

 

The biggest issue with the auctions.

Is the auctions.

 

If I may bump my own reply.

It's now a business. No.

An industry.

Guys are buying cars and watching auction results like stocks. They are not.

Sell here. Buy there.

If this is how you live you will lose.