Wow, just wow. $450K and 14 days remaining in auction.
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Still 75% below the reserve probably.
“Porsche built just 77 of the 935s for the 2020 model year. Base priced at $829,000, applications to purchase a car were carefully evaluated, and the lucky recipients were hand selected. There was no configurator for the 935. Details and specifications were discussed directly with Porsche by telephone or email.”
DMR last year at Pebble Beach. Can’t find info on where bidding stalled. The estimate was $1-$1.4 Million.
https://www.classicdriver.com/...sche/935/2019/919686
i want it !!!!....i'll trade him straight across for my car
Bidding is over $1M with 13 days to go. There is zero chance of it going for $1M - $1.4M - the paperwork shows it invoicing for over $1M new.
There’s no way the seller isn’t planning on doubling his money. Porsche made 77 of these. The hideous retro-wrap (which is cool because it’s so 70s bad) was $27,500.
The numbers (when new) were firmly in the “if you have to ask, you can’t afford it” ballpark. The numbers for the auction will be the same.
Can’t be driven on the street, can’t be raced in any class, won’t be driven. “Worth” $2M +/- in the same way art is worth millions.
Money-guys are weird.
Money guys can be very weird.
Whoever buys a 935 is buying "bragging rights", like Bill Gates and Paul Allen both buying a Porsche 959 in the 1980's for around $250K each. Neither could be driven on the street, nor could they be raced, and certainly not by either of those guys, neither of which is a "car guy" and yet.... They both bought one because the purchase price wasn't even significant to them and they knew that, down the road, they would get at least 4X that price were they to sell it..
They were buying trophy rally cars that appreciated simply because of who bought them. They couldn't even look at them in one of their garages for thirteen years while they sat in US Customs in San Francisco but even THAT didn't seem to bother them. From https://www.carthrottle.com/post/nr7vere#
"Bill Gates and fellow Microsoft founder Paul Allen each ordered 959s, which would sit in the Customs Service of San Francisco for 13 years, until the show and display law was passed in 1999, which allow for certain listed vehicles to enter the US given they do not travel more than 2,500 miles in a year, thus legalizing the 959."
Yup..... Money guys are weird. But I doubt that either of them lost any money on their 959s, either.
@Stan Galat posted:The numbers (when new) were firmly in the “if you have to ask, you can’t afford it” ballpark. The numbers for the auction will be the same.
This car is in the next level above that. The hundreds (thousands??) of people that “didn’t have to ask” were whittled down to 77 lucky customers by Porsche.
I remember back in 2014-15 someone posting on the Rennlist that his dealer wouldn’t even accept a deposit on a then-new 9914S Targa.
Apparently he wasn’t “high enough on the list” to be considered until 2016-2017, despite buying a Panamera and two Cayennes from said dealership in the last 10 years. It’s been a while but iirc, each dealership was allocated one in 2014 and 2-3 in 2015 depending on their sales figures
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Porsche has a new 992 variant coming out, limited lucky few, U have to lease it first year from Porsche to prevent wealthy flippers.
When I was hanging out on Pelican and Rennlist, several folks were creating replica 934s for the street. I could really get into that idea. No power steering, no fancy electronic suspension or transmission, just raw, laggy, turbo power in a car that only responded to the caveat "Don't lift."
A real survivor went for about $1.5m on BAT. As a believer in replicas, I'd be even happier with one of those heavily modified 911 SCs that know how to wag their tail. But, that would tempt me to go hoonin'.
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@Michael Pickett posted:When I was hanging out on Pelican and Rennlist, several folks were creating replica 934s for the street. I could really get into that idea. No power steering, no fancy electronic suspension or transmission, just raw, laggy, turbo power in a car that only responded to the caveat "Don't lift."
A real survivor went for about $1.5m on BAT. As a believer in replicas, I'd be even happier with one of those heavily modified 911 SCs that know how to wag their tail. But, that would tempt me to go hoonin'.
I really like how you think, Mike - except for the part where you think you're too old to hoon.
You're not. You're still cooler than I've ever been.
Sold: $1,626,000
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The cool thing about BaT is it's good for an hour's entertainment once a week and it's cheaper than going to the movies.
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@Sacto Mitch posted:The cool thing about BaT is it's good for an hour's entertainment once a week and it's cheaper than going to the movies.
At the end of the auction, the eventual winner put in a $1.6M bid. His competitor congratulated him, and said, "all yours".
It turned out to be a psyche move, when a minute later he threw out a $1,625,000 bid (the minimum raise at that point was $1000). The eventual winner was not asleep at the switch and bumped him $1000. He held on to win.
If the bids had had a zero lopped off the back end, they still would have been too rich for my bank account.
Pretty crazy.
I wonder if any of these guys even like cars.
@Sacto Mitch posted:.
The cool thing about BaT is it's good for an hour's entertainment once a week and it's cheaper than going to the movies.
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LOL. My buddy and I watched a set of KPZ wheels go this am. From $1100 to $15K in the last 20 minutes.
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@Stan Galat posted:....I wonder if any of these guys even like cars.
Well, they seem to like spending money, or at least displaying in a very public forum that they have money to spend.
And who am I to deprive them of that joy?
I know it makes me feel better about life in general knowing that the human spirit is capable of producing things like this:
So, if it takes conspicuous spenders like our lucky bidder to stoke the fires of production, I guess I'm OK with that.
Drive and let drive.
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Yes...and: If you're one who buys and does not drive, then I'm gonna maintain attitude.
This right here is, imho, a travesty.
Caption: "The car retains its Cosmoline protective coating, which was applied by the factory to ensure it wouldn’t rust during its journey across the Atlantic."
"The question for the next owner is whether to liberate this glorious car, returning it to a pristine state, or to leave it embalmed forever."
Money-guys are weird.
@Stan Galat posted:"The question for the next owner is whether to liberate this glorious car, returning it to a pristine state, or to leave it embalmed forever."
Money-guys are weird.
Yeah, I'd have to flog the heck out of that car.
@DannyP posted:Yeah, I'd have to flog the heck out of that car.
Right?
@Stan Galat posted:"The question for the next owner is whether to liberate this glorious car, returning it to a pristine state, or to leave it embalmed forever."
The only two options afforded don't do justice to the original purpose of the car. Imagine not wanting to leave it in Cosmoline, or "return it to a pristine state" (and presumably leave it there).
There is a third option.
It's a car. Drive it.
@Stan Galat posted:I wonder if any of these guys even like cars.
I'm not sure about cars, but I'm pretty sure they don't like one another.
The more I see stories about these "never driven" halo cars, the more I appreciate Rainer Becker and Albert Westerman.
My thoughts are that if a car is sufficiently cool, rare, expensive, and in high demand, someone is going to start making replicas. You can have all the real speedsters, spyders, 904s, 917s, 934s & 935s you want.
Even if I could afford them, I wouldn't bother because they become a stewardship burden. I want something I don't worry about driving or getting coffee stains on.
Give me a replica any day. The crazy 911 turbo I had was a replica even though it was a Porsche.
It was a dirt cheap (then) '82 911 SC that the previous owner had rebodied with a steel 993 cabrio turbo body. It had a '78 930 engine (that I rebuilt to 993 turbo power levels) and lots of suspension tweaks. Porsche made a handful of 993 turbo cabrios, but they went to family & connected friends - never showrooms. So mine was a replica of a unicorn.
It was speed yellow and got many an inquiring look over at PCA events. The drivers and builders loved it. There were quite a few noses that turned up when told about the real pedigree of my mutt. "Oh, it's a replica." I loved it.
At some point, I wouldn't be surprised if a lot of interesting cars show up in replica form.
@JMM (Michael) posted:I'm not sure about cars, but I'm pretty sure they don't like one another.
They probably don't like themselves, either. Money DOES NOT guarantee happiness.
@DannyP posted:They probably don't like themselves, either. Money DOES NOT guarantee happiness.
I don’t know. If I could drop $1.6M on a 935, and then flog it like I stole it - I’d probably like myself just fine.
This just hammered on BAT for $185K
Sexy, fast, cheaper and utilitarian, can drop 3 kids off at school and then drive like a hooligan on the way home (the long way home). I like old pickups and sport/power wagons.
@WNGD posted:This just hammered on BAT for $185K
Sexy, fast, cheaper and utilitarian, can drop 3 kids off at school and then drive like a hooligan on the way home (the long way home). I like old pickups and sport/power wagons.
I have a couple clients with the Ferrari FF. I nicknamed it the Ferrari For Four. For when you absolutely, positively, have to get the kids to soccer practice in style.
There’s a lady in my town who drives a Porsche Panamera Turbo and her license plate says “HKYMOM”.
@Gordon Nichols posted:There’s a lady in my town who drives a Porsche Panamera Turbo and her license plate says “HKYMOM”.
My son played hockey until we pulled the plug and said, "you know, basketball is a great sport".
Youth hockey and a Porsche Panamera Turbo cost about the same amount.
@Stan Galat posted:My son played hockey until we pulled the plug and said, "you know, basketball is a great sport".
Youth hockey and a Porsche Panamera Turbo cost about the same amount.
Even being Canadian, it didn't break my heart that neither of the boys wanted to play hockey- between the cost and the fact that the little kids get the worst (read 'early morning') ice times...
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@Michael Pickett posted:....You can have all the real speedsters, spyders, 904s, 917s, 934s & 935s you want.
Even if I could afford them, I wouldn't bother because they become a stewardship burden. I want something I don't worry about driving or getting coffee stains on...
My wife and I took the Speedy out to lunch yesterday.
As I was exiting the car at the restaurant, the inside door handle came off in my hand. It wasn't the handle that broke, but the 'receiver' bit inside the door. The 3/8" diameter splined shaft had crumbled under about a half-pound of force.
I mumbled something under my breath about the quality of offshore castings.
But, wonder of wonders, our local VW parts place, Bugformance, which has virtually the whole EMPI catalog in its inventory, had what I needed in stock.
For eight dollars.
So, 24 hours later, I'm back on the road. With the two dollars in change from a tenner in my pocket.
I was wondering what predicament I'd be in if I'd been piloting a 'real' 356. Yeah, the shaft likely wouldn't have crumbled, but after 65 years it probably would have succumbed to rust or one of the other infirmities that catch up with all of us at that age.
I checked Stoddard, and while they had a remarkably-detailed picture of the millions of tiny parts inside a 356 driver's door, the corresponding Porshee bit wasn't listed as an available item.
Which means I'd probably have to brush up on my German and seek out clandestine sources somewhere in the Black Forest and begin a process of delicate negotiations and prayer.
The Stoddard page that deals with the driver's door of the 356 contained no parts for eight dollars. Some were eight hundred, but nothing for eight.
And there'd be the matter of possibly finding a widget that was authentic, from the correct time period, that would work the door handle just fine, but that might be inappropriate in an ivory-colored, late-'58 left-hand-drive Speedster intended for the US market. The social pressure to not install such a black sheep would be immense. Purity of the breed, you know.
At my age, and in my current frail mental state, this is nonsense up with which I am not prepared to put.
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I believe Sir Winston would be proud of that last sentence.
Next time we all have an EMPI pile-on, I'd like everybody to remember Mitch's story (not the one about the cow, the one about the door handle). That $8 part was made by EMPI, just like the other eleventy-billion parts we all use but generally do not focus on.
This hobby is dead without EMPI.
They aren’t EMPI threats. They’re EMPI promises.
(I see what you did there)
He's a pro, kids - don't try this at home.