The Spyder / Cayman R Auction Thread
#661
If it is the same car that his friend owns, well then he likely will not buy it because it would have already happened before it went up for auction I reckon.
#662
Rennlist Member
Seller confirmed in the comments it's the car Magnus drove in the video. I have a 18,000 mile R with an itch for a 997 RS this year, so will be watching this result closely.
Last edited by cstyles; 03-02-2024 at 08:39 AM.
#664
Rennlist Member
I briefly listed it for sale a couple years but withdrew the sale pretty quickly after I missed out on another special car I was chasing. Still have and love the Cayman R, but I will admit it doesn't stir my soul like a special 911 does. Here in Canada our ROW import rule is 15 years unlike USA's 25 years, so we're already seeing imported ROW 997.1 RS Clubsport cars arrive in our market at much, much lower pricing than CAN/USA market cars. The early 997.2 GT3RS ROW cars will gain admissibility later this year 2024 and then into 2025, which is what I have my heart set on as the only worthy replacement of the Cayman R.
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Andy Ordonez (03-02-2024)
#665
That Black CR sold for a little over $68,000. Seems cheap to me, it presented well.
Somehow I don't think Magnus Walkers video caused a frenzy of bidding. I have my own theory on that.
Somehow I don't think Magnus Walkers video caused a frenzy of bidding. I have my own theory on that.
#666
Cayman R. Black. 6 speed. 14k miles. WP0AB2A8XCS793086
https://bringatrailer.com/listing/20...e-cayman-r-55/
Previously listed on PCarMarket. No sale with bids to $71k.
https://www.pcarmarket.com/auction/2...e-cayman-r-12/
https://bringatrailer.com/listing/20...e-cayman-r-55/
Previously listed on PCarMarket. No sale with bids to $71k.
https://www.pcarmarket.com/auction/2...e-cayman-r-12/
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plafondles (02-26-2024)
#667
Rennlist Member
Cayman R. Black. 6 speed. 14k miles. WP0AB2A8XCS793086
https://bringatrailer.com/listing/20...e-cayman-r-55/
Previously listed on PCarMarket. No sale with bids to $71k.
https://www.pcarmarket.com/auction/2...e-cayman-r-12/
https://bringatrailer.com/listing/20...e-cayman-r-55/
Previously listed on PCarMarket. No sale with bids to $71k.
https://www.pcarmarket.com/auction/2...e-cayman-r-12/
I think that black R for ~$72k with buyers fee was a great deal for the buyer. Considering there were like 8 or more bidders, I was shocked it was taken down by a one-bid-wonder just barely higher than the other bids up to that point. Buyer got a great deal, but at the same time that car had a lot of cosmetic blemishes that maybe turned off buyers willing to pay more.
#668
I am sure the coffee stained PCM is going to go over very well with the peanut gallery on BAT.
I think that black R for ~$72k with buyers fee was a great deal for the buyer. Considering there were like 8 or more bidders, I was shocked it was taken down by a one-bid-wonder just barely higher than the other bids up to that point. Buyer got a great deal, but at the same time that car had a lot of cosmetic blemishes that maybe turned off buyers willing to pay more.
I think that black R for ~$72k with buyers fee was a great deal for the buyer. Considering there were like 8 or more bidders, I was shocked it was taken down by a one-bid-wonder just barely higher than the other bids up to that point. Buyer got a great deal, but at the same time that car had a lot of cosmetic blemishes that maybe turned off buyers willing to pay more.
#669
I think BAT just has a small fee, like $100 for the seller. Buyer pays 5% buyers fee to BAT up to a cap of $5000.
I'm not convinced that selling private is best though. BAT seems to bring the money for most interesting cars, I'm not sure why cars like Cayman R's would be different. A day prior the Magnus Walker R a 9000 mile 987.2 Cayman S that was poorly presented went for $54,000 + 5% buyers fee which seems like good money. I think the last R was at market price, the current one they will be lucky to get the $71,000 they got on pcarmarket. Also for the private cars you only get to see the asking price, not the actually selling price.
I'm not convinced that selling private is best though. BAT seems to bring the money for most interesting cars, I'm not sure why cars like Cayman R's would be different. A day prior the Magnus Walker R a 9000 mile 987.2 Cayman S that was poorly presented went for $54,000 + 5% buyers fee which seems like good money. I think the last R was at market price, the current one they will be lucky to get the $71,000 they got on pcarmarket. Also for the private cars you only get to see the asking price, not the actually selling price.
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joliver3 (02-24-2024)
#670
Rennlist Member
I think BAT just has a small fee, like $100 for the seller. Buyer pays 5% buyers fee to BAT up to a cap of $5000.
I'm not convinced that selling private is best though. BAT seems to bring the money for most interesting cars, I'm not sure why cars like Cayman R's would be different. A day prior the Magnus Walker R a 9000 mile 987.2 Cayman S that was poorly presented went for $54,000 + 5% buyers fee which seems like good money. I think the last R was at market price, the current one they will be lucky to get the $71,000 they got on pcarmarket. Also for the private cars you only get to see the asking price, not the actually selling price.
I'm not convinced that selling private is best though. BAT seems to bring the money for most interesting cars, I'm not sure why cars like Cayman R's would be different. A day prior the Magnus Walker R a 9000 mile 987.2 Cayman S that was poorly presented went for $54,000 + 5% buyers fee which seems like good money. I think the last R was at market price, the current one they will be lucky to get the $71,000 they got on pcarmarket. Also for the private cars you only get to see the asking price, not the actually selling price.
The BAT cap has been raised to $7500 👍
#671
I think BAT just has a small fee, like $100 for the seller. Buyer pays 5% buyers fee to BAT up to a cap of $5000.
I'm not convinced that selling private is best though. BAT seems to bring the money for most interesting cars, I'm not sure why cars like Cayman R's would be different. A day prior the Magnus Walker R a 9000 mile 987.2 Cayman S that was poorly presented went for $54,000 + 5% buyers fee which seems like good money. I think the last R was at market price, the current one they will be lucky to get the $71,000 they got on pcarmarket. Also for the private cars you only get to see the asking price, not the actually selling price.
I'm not convinced that selling private is best though. BAT seems to bring the money for most interesting cars, I'm not sure why cars like Cayman R's would be different. A day prior the Magnus Walker R a 9000 mile 987.2 Cayman S that was poorly presented went for $54,000 + 5% buyers fee which seems like good money. I think the last R was at market price, the current one they will be lucky to get the $71,000 they got on pcarmarket. Also for the private cars you only get to see the asking price, not the actually selling price.
There is an element of randomness in BAT auctions that can occasionally spin to result in a $54,000 sale for a ho-hum Cayman S, but more often gets to a not exciting price for the same car. Depends when the auction his to end, which the seller has no control over, or who decides to participate in the peanut gallery. It seems to me that the best results are from a seller who either knows nothing about the car-- the consigning dealer who is acting as a seller front-- or the estate executor. As a seller, you get no say in the reserve, which BAT effectively forces you to accept or it will not list the car. They set the spread between reserve and what the seller actually wants to get out of the car fairly wide. In my auction, I had a car that I had pre-auction offers for $26,000 and which I wanted (and later got) $30,000 for, that didn't meet reserve, thankfully. The second highest bidder was a last-minute commercial seller who was clearly hoping to snag an under-market car at the last minute to turn around and offer it for $5-8,000 more off its own website-- or turn around and sell it on BAT a few months later.
And don't get me started on the shills and fake accounts that are obvious in many auctions. Once you are in it, BAT will not do a thing to flag or delete a comment, even one that is an obvious double account.
In the past 4 years I privately sold two 987 Boxsters, a 991.2 Carrera T and a 981 Cayman GTS either through word of mouth, a RL ad, or a PCA ad. Two private buyers and two commercial buyers who paid near-top market price, a shop that had a waiting buyer and a Porsche dealer who could CPO the car and make a few thousand that I couldn't because I couldn't offer a warranty.
I purchased my Cayman R privately as well, paid then-market to the seller once word got out I was looking. I get the feeling that many of the nicer Spyders and CRs never see the market and get sold the same way.
#672
Rennlist Member
I'll disagree with you on this, having gone through a BAT auction as a seller and having followed many BAT auctions for our cars and many others over the years.
I purchased my Cayman R privately as well, paid then-market to the seller once word got out I was looking. I get the feeling that many of the nicer Spyders and CRs never see the market and get sold the same way.
I purchased my Cayman R privately as well, paid then-market to the seller once word got out I was looking. I get the feeling that many of the nicer Spyders and CRs never see the market and get sold the same way.
Outside of the entertainment value, the good thing about BaT is that you get a lot of eyeballs on your listing. The bad thing about BaT is that you get a lot of eyeballs on your listing. Welcome to the internet.
DaveGee
#673
Rennlist Member
x3, the most recent Porsche I sold I chose to do in a private party sale. As mentioned, a bit of sorting out the tire kickers, but it sold for much more than I suspect I'd have gotten through BaT, and there were the other advantages as well. Pros and cons to all options.
#674
Cayman R. Black. 6 speed. 14k miles. WP0AB2A8XCS793086
https://bringatrailer.com/listing/20...e-cayman-r-55/
Previously listed on PCarMarket. No sale with bids to $71k.
https://www.pcarmarket.com/auction/2...e-cayman-r-12/
https://bringatrailer.com/listing/20...e-cayman-r-55/
Previously listed on PCarMarket. No sale with bids to $71k.
https://www.pcarmarket.com/auction/2...e-cayman-r-12/