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Porsche 991 GT3 RS launch with Cayman GT4 at Geneva

Porsche 991 GT3 RS launch with Cayman GT4 at Geneva

Porsche will launch the all new Porsche Cayman GT4 and another currently unidentified sportscar at next week’s Geneva Show. This second car will (of course) be the eagerly anticipated Porsche 991 GT3 RS.

Porsche Cayman GT4 lead times for delivery

For all the buzz around Cayman GT4, I see very few people mentioning the delivery times. UK buyers dropping money on the counter now won’t see their cars much before the end of 2016 according to feedback from buyers – someone tell me if that is right! You’d think the cars would be in circulation well ahead of that time.

Porsche Cayman GT4 Ferdinand Magazine 2

Porsche 991 GT2 development

Stuttgart’s press release claims a lap time of seven minutes and 40 seconds on the North Loop of the Nürburgring for the Cayman GT4, but “leaked documents” regarding the 991 GT3 RS claim a 7 minute 20 second lap time: just two seconds off the fastest-ever Porsche road car at the circuit – the 997 GT2 RS.

Thanks to hints from component suppliers, we know there is a 991 GT2 in development, although whether it will make it to production or not is a different matter (I think has to happen). So we can count on that GT2 laptime being smashed sometime in the future – maybe even by the new 991 GT3 RS in the right temperatures on the right tyres. That would be pretty amazing.

Porsche 991 GT3 RS launch live webstream

The world premiere will take place during the Porsche press conference in Geneva at 11:30 (CET) next Tuesday morning: March 3, 2015. A live webcast of the Porsche Cayman GT4 and 991 GT3 RS launch will be streamed from the event.

Porsche 911 Auction Prices UK

Porsche 911 Auction Prices UK

The Silverstone Auctions sale at RaceRetro 2015 brought mixed results for classic Porsche 911s. A number of promising Porsche entries were withdrawn pre-sale – a nice 2.7 911 and early 911T amongst them – but a pair of cars caught my eye from either end of the classic price spectrum.

Porsche 930/911 Turbo Targa at auction

This right-hand drive 5-speed Porsche 911 Turbo Targa is a rare car that sold well inside predictions, suggesting the body might have hidden a few more secrets than the auction description suggested. Not sure how likely that is as the pics make it seem pretty reasonable: maybe it was just the Marmite widebody Targa effect.

Porsche 911 Turbo Targa 930 1

The very last year (1989) of Porsche 930 with a Targa roof is a very rare car, but the £35,438 this car sold for would just about buy a very nice 3.2 Carrera Targa nowadays. With the clutch replaced in the last 5k miles and a service 2k miles ago, if this a solid 930 with no major oil leaks, someone did well for themselves.

Porsche 911 Turbo Targa 930 3

1965 Porsche 911 SWB prices

Elsewhere in 911-land, this apparently very nice LHD 1965 SWB Porsche 911 2.0 blew its £100-120k estimate well out of the water, selling at £133,875. Owned by a Norwegian since 1998, the description for the left-hand drive European example made no real mention of history prior to the current owner, save some details on a rebuild for the matching numbers engine some twenty years ago.

1965 SWB Porsche 911 2

Four owners have kept this SWB looking straight and apparently honest. With the general condition described as “usable with a fair patina”, the decision to send the car to auction paid off. Matching numbers 1965 911s are highly sought-after now, and to exceed the estimate by over 10% shows just how fevered the market can get for early SWB cars. I can’t help feeling that these cars have not reached their peak: I’d rather buy SWB than RS at current prices and I can’t be alone on that.

1965 SWB Porsche 911 1

Porsche 911 Auction Prices UK

I see from the Silverstone Auctions site that a bespoke “Porsche Sale” is planned for October. I have decided to sell my non-sunroof LHD Series 1 Porsche 924 Turbo this year, and it could take me that long to find enough time to put the trim back on the newly-painted bodywork. Might be an interesting story to put the car through auction and see how it does.

Classic Porsche Market roars back into action

Classic Porsche Market roars back into action

After a slow-ish start to 2015, no doubt the investment end of the air-cooled Porsche market is going again. High-end 964s are the latest target and the 964 Turbo in particular seems to be doing pretty well. Let me rephrase that: people have gone mental with the prices being paid for 964 Turbos.

Doing some Porsche insurance valuations this week, I got talking to one 964 Turbo owner with a few other cars in the garage who could not believe the interest in his growing Porsche fleet. Having bought a relatively low mileage car behind closed doors in mid-2014 for £150k, he was recently offered £200k for the same car. That is £50k in your hand after six months of ownership.

Classic Porsche 964 Turbo values 1

Still slightly dizzy from that, I then heard of a 964 Turbo that had just sold through a UK dealer for THREE HUNDRED THOUSAND ENGLISH POUNDS. Not a rare Turbo S: just a low mileage Turbo. Then yesterday I followed the sale of two as-new Turbo S models for more than half a million pounds each. That is a direct sale with no advertising.

It’s not all air-cooled in the mad world of Porsche. 996 GT2s are also being chased pretty hard, with many deals done off the radar. An 11k-mile, two owner car in black has just sold (unadvertised – directly between owner and buyer) for a substantial six-figure sum – more than I would have expected. I value the rare 997 GT2s quite highly for insurance purposes, but 996 GT2s are now chasing them hard.

Classic Porsche 996 Turbo GT2 values 1

I am not endorsing the prices or saying that this is the place to put your money! Nor is this a comment on the supposedly respected Porsche dealers all around the world who are still happy to take uneducated buyers for a ride. I hear about them all the time and it is not good business. These are dealers I would be happy to buy from myself, helping sellers and buyers to get what they want.

I know some of the guys buying these cars and they are true-blue enthusiasts: great people to enjoy all Porsche cars with – no airs or graces involved. It is good to know that some of these cars will get used, but scary to think of where they are now and where they might finish. Will we see many 964 Turbos being used and enjoyed through 2015?

New models: Porsche Cayman GT4 unveiled

New models: Porsche Cayman GT4 unveiled

Porsche has finally released official details of its brand new GT4 Cayman. The car is expected to race.

Powered by a 3.8-litre flat-six engine derived from the 911 Carrera S, the GT4’s 385 bhp is sent through a six-speed manual gearbox with dynamic gearbox mounts. Cayman GT4 goes from 0-60 in 4.4 seconds, and on to just under 300 km/h.

Porsche Cayman GT4 Ferdinand Magazine 4

The new Porsche Cayman GT4 shares some components with the 911 GT3. This is nothing super new, as GT3 parts are commonly used in upgrading Caymans: brake master cylinders and so on. But this car goes further, apparently using GT3 parts throughout the chassis. Some will be obvious from the photos, but more details to follow.

New Porsche Cayman GT4 Track Day/Race Mode

Outside, the GT4 majors in race mode. Three large intakes at the front and a sizeable rear wing point to downforce. The aerodynamic package is one part of a track-focused options list that includes ceramic brakes, carbon seats, custom Sport Chrono and a Club Sport package.

Porsche Cayman GT4 Ferdinand Magazine 1

The Cayman GT4 premieres at Geneva in March, and can be ordered now for delivery by the end of March. Basic list price in Germany is about €86,000 (which is £65,000, or just under $100,000 according to fxtop.com).

Rare Guards Red Porsche 964 Speedster Tiptronic

Rare Guards Red Porsche 964 Speedster Tiptronic

Alex sent through these cool pics of his Porsche 964 Speedster. This 911 Speedster is believed to be the sole Tiptronic example manufactured of apparently just 14 RHD 964 Speedsters – although that’s currently unconfirmed.

What is confirmed is this is a 1992 production car, believed to have been shown at the British Motor Show in UK spec before heading off to Singapore. From Singapore, it went to the well-known Giltrap family in New Zealand, who then sold it on to a local enthusiast. It passed through one more owner before being bought by a doctor in 1998. Alex bought it from the doctor.

Porsche 964 Speedster Tiptronic 1

While the earliest pre-1990 964 Speedsters were built on turbo-look bodyshells, later versions like this one were constructed using standard Carrera 2 Cabriolet shells. I’ve had a few drives in both and the narrow-bodied cars are sharper and tighter.

As with the earlier 3.0 911 SC Cabriolets, the 3.6-litre engine feels notably different in an open-top car. That fat exhaust note is pretty special with the roof off: I have vivid memories of driving alongside the Amsterdam canals with my mate Jan in his silver 964 Speedster.

Porsche 964 Speedster Tiptronic 3

Jan’s car was a manual – it would be interesting to see what the Tip gearbox feels like in a Speedster. Two pedals in that RHD footwell doesn’t look quite right, but no doubt it adds to the interest factor.

Most people who rule out Tiptronic are just repeating something they heard elsewhere. I know a few 964 Tip owners who really like the cars: a nice 964 Tiptronic Coupe is currently undergoing full strip and restore with a colour change at Rob Campbell’s Racing Restorations in Pershore for an overseas client. I’ll share some pics of that later and maybe sneak a drive when the project is complete.

As for this particular car, I could get a chance to try it out later this year as I hear it is coming to Goodwood. I may be charged with helping Alex find a new home for it if it comes up for sale.