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S/T Madness?

Posted: Mon Jun 23, 2025 10:44 pm
by blueline
This Shore Blue Metallic 23-mile 2024 S/T sold today for $805,992 on Bring-a-Trailer. Yes, $805,992 plus fees. MSRP was $331k. With 15 or so minutes left until the official auction end time, the high bid was at $640k, already totally and incontrovertibly insane in my book. Then it went really bat-poop nuts as bidding extended 45 minutes or more past the deadline before ending another $165k higher. :wtf: Yes, it is an absolutely amazing Porsche - some say the best - but $806k? And it will likely continue to sit in a garage unused. How sad.

https://bringatrailer.com/listing/2024- ... 911-s-t-3/


2024_porsche_911-st_2024-Porsche-911-S_T-011-64432-scaled.webp
2024_porsche_911-st_2024-Porsche-911-S_T-011-64432-scaled.webp (78.34 KiB) Viewed 898 times

However, if you missed out, not to worry as another 2024 S/T in Shore Blue Metallic (the first one's twin I guess) with an MSRP of $229k went to auction at BaT just a couple of hours after the first one's sale ended. This one is obviously inferior as the odometer is showing a hefty, overused 34-miles, 11 more than the earlier sale. Just way too many miles. :lol:

Opening bid: $550,000 with 9-days until the auction ends. The last 15 or so minutes will also be wild I'm sure with plenty of 2-minute extensions as those willing to pay whatever it takes will go nuts. Flipper City Madness!

https://bringatrailer.com/listing/2024- ... 911-s-t-2/

2024_porsche_911-st_2024-porsche-911-s-t-5-38329.webp
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Where are these cars coming from? How are people obtaining them? Why are they not being driven and enjoyed as they were intended? How many museum pieces of the same model, rare or otherwise, does the world need?

I have dreamed for years of having a GT3 Touring but that will never happen as those models have become unobtainable. Pricing is in the stratosphere for them too. The too few offered are hitting the secondary market showing very few miles and commanding huge premiums well in excess of the massive ADMs their original purchasers likely paid.

Well, beyond all of that, all of these cars need to be driven. At least a little bit!

Re: S/T Madness?

Posted: Tue Jun 24, 2025 1:26 am
by RDMcG
Well, I suppose the market sets the price but it does seem way overpriced to me.
I have a basic rule which is to buy new at MSRP. If I don’t get the car so be it. I do not flip cars however.
During the Covid shortages I wanted to trade in my Jeep Wrangler for a new one in AZ and the dealer wanted a $20k shortage premium.i still have my old Jeep.
For Porsches in Canada I have a long term dealer and one representative. I have bought 8 cars in 18 years including 4 GT3RS and paid standard price. If that changes I’m out.
No doubt the S/T is a wonderful car but I drive every car regularly and have no interest in the value. They are for fun,travel,track use.rallies -you name it.
I guess we’re all different;)

Re: S/T Madness?

Posted: Tue Jun 24, 2025 7:41 am
by P_Coastal
I just texted my Wife to buy a winning Lottery Ticket :thumbup:

Re: S/T Madness?

Posted: Tue Jun 24, 2025 8:22 am
by J-Dub
Wow, that is madness.

Glad the new owner found just the right one :)

Re: S/T Madness?

Posted: Tue Jun 24, 2025 10:08 am
by PSU_Crash
That's wild! I could never buy a car like that. They are made to be driven and I would have that monster on the track ASAP! Value be damned, I buy cars to enjoy them :)

Re: S/T Madness?

Posted: Tue Jun 24, 2025 10:22 am
by Tom
I'd rather buy a nice S&P 500 fund. It would take less space in the garage and outperform just about all collector cars in the long run (flipping profits aside). Besides, my 992 Turbo S is faster at a quarter of the price. ;)

Re: S/T Madness?

Posted: Tue Jun 24, 2025 12:43 pm
by blueline
J-Dub wrote: Tue Jun 24, 2025 8:22 am Wow, that is madness.

Glad the new owner found just the right one :)
Lol (but true!)

Re: S/T Madness?

Posted: Tue Jun 24, 2025 12:44 pm
by blueline
P_Coastal wrote: Tue Jun 24, 2025 7:41 am I just texted my Wife to buy a winning Lottery Ticket :thumbup:
You might need more than one winning ticket.......... :mrgreen:

Re: S/T Madness?

Posted: Tue Jun 24, 2025 2:22 pm
by marin
My friend has one and is driving the wheels off it. Maybe it won't be worth 2x if he ever decides to sell it, but he'll never be underwater from what he paid to get it.

Re: S/T Madness?

Posted: Tue Jun 24, 2025 2:26 pm
by blueline
marin wrote: Tue Jun 24, 2025 2:22 pm My friend has one and is driving the wheels off it. Maybe it won't be worth 2x if he ever decides to sell it, but he'll never be underwater from what he paid to get it.
Music to my ears. Comments I've read suggest it is one of the best driving/handling 911s ever. Finesse, comfort, prowess all in one very, very fine Porsche!