- CHASING CARS Russ Smith’s market analysis / #Porsche-911-Carrera-RS / #Porsche-911-Carrera-964 / #Porsche-911-964 / #Porsche-911 / #Porsche-964 / #Porsche /
But we’ll always have Paris...
Weather takes the spring out of UK sales results after an optimistic start to the year
Following on from the two very successful season-opening sales we reported on last month, and an average sales rate of 77 per cent for the 343 cars shared by Bonhams, RM and Artcurial in the Paris triple-header, things have cooled a little. Mind you, the late February/early March snowy weather didn’t help. Silverstone sold exactly two-thirds of the 69 lots at its downsized classic sale held at Race Retro. Against that, Historics hitting 65.3 per cent for the cars at its Ascot sale – which people struggled to get to – looks quite an achievement. Thank goodness for internet bidding, plus a fat catalogue of 147 cars. It would have done even better without the 13 Porsches, eight of which failed to sell on the day. But there’s still demand for the special stuff, like the pictured 1992 964 Carrera RS. With a warranted 17,822 miles this collector’s piece made £280,000 against a £250,000 top estimate.
Prime #Porsche-911-Carrera-RS-964 was a rare performer in more aspects than one.
Historics’ Ascot sale, on March 3, was hampered by the extreme weather.
Poor sales of Porsches also handicapped the percentages
SOLD WITHIN ESTIMATE 29.2%
SOLD NO RESERVE 30.5%
NOT SOLD 10.6%
2.8% SOLD BELOW ESTIMATE
SOLD ABOVE ESTIMATE 26.9%