Someone Just Passed Up a $435,000 Profit on This Porsche | Carscoops

      Buyers were eager to offer more than double the MSRP for this rare 911, but the seller rejected the highest bid.

      23 hours ago

      by Stephen Rivers

      A Porsche 911 S/T did not meet its reserve at auction, despite attracting a high bid of $726,000.

      Official records indicate that the original MSRP for this vehicle was $291,712.

      Had the car been bought at MSRP, the seller would have turned down nearly $435,000 in possible profit.

      Luxury car enthusiasts sometimes acquire a rare model and store it with little to no mileage. In this instance, however, a buyer invested a six-figure sum in a very rare Porsche and drove it for a bit, accumulating 787 miles (1,267 km) before deciding to sell it.

      Not only did bidders propose over twice the MSRP, but the seller had such faith in the car's future value that they opted to decline the offers. They evidently believe that this Porsche’s best days are still ahead.

      First and foremost, it’s essential to discuss what this car truly represents. As one of only 1,963 911 S/Ts ever produced, it’s a rare sports car. Moreover, it stands as one of Porsche’s most exclusive and intricately designed models. Consider it potentially the ultimate on-road 911 ever manufactured by the factory. It features the GT3 RS engine, lightweight construction materials, and a manual transmission.

      Custom-Built With a Heritage Touch

      The one that just sold at auction on Bring A Trailer is even more special. Like all other S/Ts, the buyer had the option to customize it to their preferences. Consequently, they included Porsche’s $23,220 Heritage Design Package, which features 1963 crests on the hood and wheel caps, distinctive stitching, two-tone leather accents, and additional decals. Additionally, buyers have access to Porsche’s Shore Blue metallic paint.

      This buyer specifically rejected that option and paid an extra $23,920 for the car to be coated in the green color you see. Other features include a Bose surround sound system, aluminum pedals, and a $350 chrono package.

      It’s a highly distinctive car with options that likely make it one-of-a-kind. When it left the production line, it carried an MSRP of $291,712. The seller recently turned down $726,000 for the same vehicle.

      Holding Out for More?

      It’s important to note that we have no information regarding what the current owner actually paid. It’s certainly plausible that they spent well over MSRP or perhaps even $700,000 or more. A markup of that magnitude would not be surprising, considering the prices we've reported for lesser vehicles.

      Regardless, this outcome is remarkable, and many commenters feel that the seller made a wise choice to retain the car for now. Will that choice prove beneficial in the long run? As always, only time will tell, but what are your thoughts?