Just last week at the Gooding and Company auction in Scottsdale, a 911 R crossed the block for $280,000. That’s still more the original base price, but it’s a far cry from the 2017 prices. It’s also one of the lowest we’ve seen from our admittedly limited set of 911 R sales data. It was only $5,000 more than an example that sold on Bring A Trailer last summer, and it missed Gooding’s auction estimate of $300,000 to $375,000. That estimate was likely informed by some other 911 R auctions of 2018, such as some that RM Sotheby’s sold: one at Monterey for $379,000, one at London for 332,375 pounds, and one at Fort Lauderdale for $300,000.
While owners of 911 Rs will probably be disappointed to see their cars’ values eroding, the people at Porsche are probably pleased. The man in charge of GT road car development made it clear he didn’t like cars being stored and unused for their rarity. Later, the man in charge of the Porsche 911 in general revealed that Porsche developed the GT3 Touring, a car extremely similar to the R, in part to bring down inflating prices. Of course, it’s impossible to say how directly this has affected 911 R prices, but continuing to offer the GT3 Touring for just $144,850 certainly can’t help R values.