Broad Arrow Auctions Porsche Air Water 2024

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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 27th 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.

Patrick Long, Founder of Luftgekühlt and Air Water states, From an all-around perspective, having the Broad Arrow auction that thousands of our attendees could attend, witness and even participate in as an experiential element to the day’s events was tremendous. Over 11,000 people attended the first-year show, and we quickly sold out of car space, with more than 1,000 included in the show. We were delighted with not only how well the event went but also with how well the auction fit in within the day’s festivities.

Top Ten Sales: