Broad Arrow All-Porsche Auction in Partnership with Air|Water Sees Strong Results with Record Crowds at Unique Auction Event [Yahoo! Finance]
PORSCHE AUTOMBL UNSP/ADR (POAHY)
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Source: Yahoo! Finance
Grosse Pointe, MI, April 30, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is pleased to announce the results for the exclusive Porsche-only auction in partnership with the first-ever Air|Water standalone event held this past Saturday, April 27 th at the Orange County Fairgrounds in California. The auction consisted of 56 cars and 41 lots of memorabilia and saw strong attendance from both registered bidders and their guests alongside show spectators, resulting in a standing-room-only atmosphere for the entire event. Total sales surpassed $15.6 with a sell-through rate of 80% for the event. The top sale from the auction was the 2015 Porsche 918 Spyder Weissach , which sold for $2,865,000 with second spot honors going to the 1988 Porsche 959 Komfort, which sold for $1,930,000. The 2005 Porsche Carrera GT rounded out the top three with a sale price of $1,792,500. A notable aftersale included the 1997 RUF BTR Twin which sold for $1,150,000 post auction.
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