Pirelli is a brand that makes tires for cars and motorcycles. They focus on creating tires that help vehicles perform better and stay safe on the road.
The Chevrolet Corvette is a famous American sports car that's known for being fast and stylish. It's been around for many years and is popular among car enthusiasts.
The Porsche 356 is an early sports car made by Porsche. It's famous for being one of the first cars the company produced and is loved by car collectors.
A concourse is a fancy car show where old and classic cars are displayed and judged. It's a place for car lovers to see beautiful vehicles and learn more about them.
The Porsche Targa is a type of car that has a part of the roof that can be taken off, making it feel like a convertible while still having a solid back. It's a unique style that Porsche is known for.
Car
Porsche 912
The Porsche 912 is a classic car that looks a lot like the famous 911 but has a smaller engine. It was made to be a less expensive option for buyers who wanted a Porsche.
Safari rally cars are cars that have been changed to drive well on rough, off-road surfaces. They are built for a specific race called the Safari Rally, which takes place in tough environments.
The Porsche 944 is a type of sports car made by the German company Porsche. It was popular in the 1980s and 1990s and is often used in racing and rally events because of its good handling and speed.
The Porsche 914 is a sports car made by Porsche between 1969 and 1976. It was known for its unique design and was aimed at being a more affordable option for sports car enthusiasts.
Car
Porsche 912E
The Porsche 912E is a type of sports car made by Porsche. It was made in 1976 and is known for being a less expensive alternative to the more famous Porsche 911.
A soft window Targa is a type of Porsche 911 that has a soft top instead of a hard roof. It also has a plastic back window, making it a unique and classic style.
Air-cooled engines are cooled by air instead of liquid. This was common in older Porsche cars, like the 911, before they started using liquid cooling systems.
The Mercedes-Benz 356 SC is a special car that mixes parts from different models to create something unique. It’s interesting because it shows how car makers can be creative and innovative with their designs.
An online auction is a way to sell things over the internet where people can place bids. The highest bidder at the end wins the item, which can sometimes lead to higher prices for cars.
The Porsche 981.2 GT is a model of sports car that is part of the Cayman and Boxster lineup. It's known for being fun to drive and has a powerful engine, making it popular among car enthusiasts.
The Porsche Cayenne is a fancy SUV that drives like a sports car, meaning it’s fast and fun to drive. It became popular because it helped Porsche sell more cars and reach a wider audience.
A six-speed manual is a type of car transmission where the driver has to change gears manually. It has six different gear options, which can make driving more fun for some people.
Term
$51,000
$51,000 is the amount someone paid for that Porsche Cayenne. It shows how much the car was worth at that time.
The Dodge Viper is a super-fast sports car with a really strong engine that makes it exciting to drive. It stands out because of its unique look and is popular among car lovers who appreciate speed.
The Porsche Cayman is a small sports car that’s really fun to drive and has a great balance, which makes it feel very responsive on the road. It’s loved by people who enjoy driving and want a car that feels sporty.
WEC is a car racing series where cars compete in long races, including the famous Le Mans race. It's a way for car companies to show how fast and reliable their cars are.
with any kind of medical erectile dysfunction company.
We want a advertiser for that,
just so I can hear him read that.
I'm begging.
The things that he wishes for.
There's any listeners.
Again, inside the guardrails, Manny.
Inside the guardrails.
Every time he reads, I'll be able to land out.
This is what I'm faced with every week of my life.
It's going to be like when he reads Viagra.
That would be so cool.
But that much enthusiasm.
And on that note, David Whitlock,
Stuka Market Letter, welcome.
I was going off.
Welcome, sir, welcome, welcome.
All right.
What's going on with you?
Well, it's great to be back.
Bob and Ellen put on a heck of a show.
Here's my second year at the Boardwalk reunion.
I used to say it was slept on, but with 350 cars,
it is no longer slept on.
There's a lot of cars out there on the Boardwalk.
A lot of good stuff.
So everyone's probably wondering what's the market been
like, and you are the one, the statistician.
I can tell you that, because I just
got finished compiling all of September's data.
And it was a September to remember.
Really?
All right.
Get your microphone a little closer.
Sorry, there we go.
So typically, September is the month
the market goes to sleep after Monterey.
So 2024, the sell-through rate.
So about 650 cars crossed the block in 2024.
Only 63% of them sold for about $29 million in change.
This September, 75% of the cars sold.
Same number, 650-some-odd cars for $44 million.
It was ridiculous.
OK, and there's no big crazy sales.
Like Monterey is over.
Now we usually have to wait a few months for a good catalog
sale.
But we just saw a ton of excellent cars hit the market.
People are still hungry for the best examples
of cars out there.
And today, I brought a few examples for you.
Just kind of going with the theme, sticking with Targas
and 9-12s.
I see you have a 67 soft window Targa.
I do.
67 9-11S soft window Targa.
So I want to start with that market,
because that's the original, short-wheel-based,
2-liter Targas when they first came out.
And five or so years ago, these
were $300,000 to $400,000 cars.
And this market has softened a bit.
But we've seen some really nice cars come up recently,
like the one I have up here.
This car recently sold for $215,000,
which is strong in today's market.
Because right now, our best cars are
in that $200,000 to $300,000 range of the short-wheel-based
Targas.
For the S or just any of them?
For the S. So the S always brings the money.
The soft windows bring the money as well.
But we've seen the highest sale over the last few years
has been like $302,000, whereas the lowest sale five years
goes $288,000.
So that's one market that has seen a little bit of the steam
come out of it.
But there's other Targas that are taking off.
So we talked before last time I was on the podcast.
I got to shake this guy awake again
about the next generation of collectors coming through.
And we've seen 993 Targas just continue to do extremely well
on the market.
So five years ago, your average 993 Targo
was selling for $60,000 top of the market for a 993 Targo
with a manual was about $84,000.
Now, five years on, the average is $105,000.
We've seen cars just shy of $175,000.
And they made about 4,693 Targas, but only about 1,400
of those were manual transmissions.
Can I take a little side trip here?
So Mani, remember that 993C4S that we saw that was in green
at the first auction?
He and I probably would have agreed on that's probably
a regular coupe.
And we probably said $150, $160,000.
It was like, was it three and a quarter?
We realized we're not in this pricing game.
We were really all.
David, how did we get it so wrong?
When did a 993C4S in green go to over $300,000?
In the last two years.
2022, things got a little crazy.
That's nutty.
Some cars have come down since then.
But the last of the generation air-cooled
cars still remain strong.
That's absolutely nutty.
Even Tiptronic Targas or 993 Targas are doing well, too.
Do you think the 993 Targa, because to me,
that's almost such a specialized market of someone
who wants a Targa.
And it's not even a traditional Targa for those that don't know.
It's a sliding greenhouse sunroof.
Exactly, a sliding roof car, which Porsche
did for 993, 996, and 997.
Do you think, is it new people coming to the Porsche market
buying this?
Because 993 is usually the sweet spot, is the coupe,
the hard top.
And while the Targa has a look of a coupe, to the purest,
it's not a coupe.
I think it's people chasing the numbers.
So chasing those 1,400 manual cars
versus the tens of thousands of coupes they sold.
Now, if you look at a regular 993 coupe,
but then you add, let's say, an X51 package
or an Aero kit or something like that on top of a 993 C4S,
and then those numbers are just going through the roof.
So they're looking, the market is valuing these super, super
rare cars based on the amount that we're built.
What did that one do?
This particular car did one, I can't say the glare, 160.
The color is also a really, really interesting color.
Really pretty color.
And I think colors on these cars
are one of the major selling points as well.
I can't see what color is that.
So this particular car is?
Is that the Amazon green?
No, it's turquoise metallic.
So it's turquoise metallic with gray leather.
This one had 50,000 kilometers, about 31,000 miles on it.
Low mileage.
So very, very nice example.
And interestingly enough, this car
sold in Atomelia when we were there,
but it sold for about $6,000 less,
still within the ballpark of where it's at.
So it's like 154, 155, somewhere around there.
So quite a stable market for that car.
Yep, very stable market for that car.
What's next?
What's also been pretty stable is our 912s.
912s.
912s.
So over the past five years or so,
912s have just remained completely steady.
So your average price has been about $50,000
with the top of the market for like a short wheelbase 912
coupe around $100,000.
And they've pretty much stayed there.
What about those that have flaking paint?
What do those go for?
They have flaking paint?
Well, that's a little bit extra.
How much of the paint has flaked off?
No mercy.
No mercy at all.
Mr. Gooyard's car?
Well, of course, it's a 912e.
So that's a horse of a different color as well.
Yes, so that's a much later 76 on that.
76, yes, only 76.
Only 76.
But our short wheelbase coupes,
they just continue to be steady.
Super nice cars like the one I have up here.
This is a recent sale at $125,356.
They kind of got the number wrong.
This one was actually modified with a two liter polo engine.
So that gave a little bit of a bump
above the high end of the market.
But that leads to a very good point.
For years, 912s were not necessarily popular cars.
911s were it.
Everybody wanted the 911.
So if you're looking, and again, this is like,
I'm putting my Zoltar hat on.
And that's why you're here, sir.
So I mean, if you're looking to speculate on a car,
particularly in the 912 market,
I would tell you to really look at 912s.
912s for the longest time.
Says the owner.
Are you saying?
No, I'm not.
It's true.
So are we trying to insider trading here?
Wow, come on, come on.
So no, seriously, they only made about 2,100 of them.
And I don't think that they've seen
a lot of love until lately, right?
So right now they're between a $35,000 and $40,000 car.
But if you do the math and you look at what
the 912s are like right now,
think about what a 912e will be five or 10 years from now.
So to educate our listeners,
the 912 was the alternative to the 911.
When Porsche brought out the 911,
they really priced out the 356 market.
So they realized they needed to get these folks back.
So they put a 356 SC engine inside of a 911 body
and it can sell it cheaper.
And like Bob said, for the longest time day,
there was a big gap between 912 and 911.
And if you read the buyer's guide,
the buyer's guide told you,
just save the money up and get a 911.
You're never gonna be happy with the power of a 912.
You wish it was a 911, blah, blah, blah.
But somehow that gap has closed.
And in 1976, when the 914 was finishing,
but the 924 wasn't ready yet,
Porsche came out for the US only.
A one year only car called a 912e,
which had the four cylinder from the 914
put into the 1976 911 body, which was zinc-plated.
So the rust was-
Yeah, it was the first year.
Rust-proofing, if you will.
First year, yep.
So that's a super rare bird.
2099, I think it's the number they always save
for production.
But going back to these early cars,
like I think what Bob was alluding to,
it seemed like out of nowhere,
that gap between a four cylinder and a six cylinder
has really narrowed.
Well, what happened was 10 years ago,
15 years ago, when the short wheelbase 911s took off,
it brought the 912 with it.
Because it had to fill in the space below.
But as the 911s have come down,
they've remained pretty steady.
And I think it's just because the 912
has gotten more of a cult following now.
Whereas 15, 10, 15 years ago, it was just a filler.
Okay, I can't afford a 911 anymore.
This is the next best thing I'm gonna buy that.
But so many people have gotten into them
that they're just not coming back down at all.
Now as far as short wheelbase 911s,
I don't see them taking a nosedive or anything.
It's a little bit softer.
I do think we have a lot less cars
coming to market these days
than we did five years ago in that segment.
And that has a lot to do with just a lot
of the newer cars at auction.
Even you see at the big catalog sales,
you see more and more cars from the 80s, 90s.
Mid-audis taking up spaces there.
So we just don't see enough of them.
If we had a really nice 912 short wheelbase targa,
couple years out of restoration, done the show circuit,
that will probably be back in that three to $400,000 range.
We just haven't seen that car in the last two years.
Someone with the 356 told me one time,
I think he was with me.
He said if you were to buy the best 356 by 912.
And I thought about that and it kind of made sense.
Because you get a 356 engine in a 911 body
and while that sounds a little bit like a bastard,
the reality is is a better balanced car
because the engine is actually moved closer to the driver
so it doesn't hang as far back and it's lighter weight.
So if you ever listened to Spikes Car Radio,
Jerry Seinfeld has been on there
and he raves about his 912
because it's such a great driving car.
Yeah.
That's why the price is what I have.
Thank you.
Thanks for the cars.
Mr. Audience.
The audience said that's why the price went up.
Yup.
Because of Jerry Seinfeld?
Okay.
He's also pumping the market,
just like this guy on 76Es.
So 912s and 912Es that are yellow,
that's what they look for, right?
That's what you want to buy.
I actually just pulled up real quick 912E pricing.
So over the last 12 months,
we've had nine cars cross the block online.
Average price, 35.7, the lowest,
almost $30,250 with a high of $48,000.
That's a reasonable price for a Porsche.
Yeah.
Very reasonable.
Particularly for a limited production car as well.
It's a lot of car for the money.
Very reasonable price.
So moving on from some of the early 911s and 912s,
I wanted to talk a little bit about newer GT cars,
in particular GT2 RS,
the 991.2s.
These have gotten insane.
Crazy.
They've always been very, very strong.
Most of them have zero miles on them,
very low mileage cars.
But we recently saw the sale of this particular car.
It's a 647 mile example, 2018.
Not the lowest mileage example
that we've seen over the last 12 months.
It's also not PTS.
It is White Sox package.
Every single car has had White Sox package.
It doesn't have magnesium wheels,
but it set a new high for an online auction.
And how much is that good?
So this particular car is sold for $625,000.
Wow.
Which is just wild when you look at the rest of the online.
And it doesn't come with the magnesium wheels.
This one does not have it.
Now what do you attribute that to?
I mean, is that just a one offer?
Is that representative of the trend?
It's more of the trend.
So we're seeing a few of the paint to sample cars,
especially on the catalog sales.
So 981.2 GT.
While you're looking that up, are people banking on the fact
that that's the last one that's not going to be hybrid?
Possibly.
Right, the last King Kong that's not hybrid?
Yeah.
700 horsepower, twin turbo, right?
It's not a bad bet.
Not a bad bet at all.
You don't see too many of them with mileage.
Most of them are going to be in that sub 2,500 mileage
but it even beat out a paint to sample car
that had 168 miles that sold for 593.
So just an amazing sale.
We also had another car that no sailed that auction
that was paint to sample.
Some kind of like Brewster Green or something like that.
Sander Wanch, all the CCX options, mag wheels and whatnot.
And that car ended up no sailing at 654.250.
I think they're probably chasing upwards of 800
because we had one car sale, the catalog sale for about 940.
That was a very, very special GT2 RS.
Creeping up right to that million ceiling.
It's wild.
And for that car when it was brand new,
it was what, three and some change?
Yeah, if you can get one.
So you're saying before you said that everyone
is YSOC package.
Everyone that sold this year so far.
This year.
Yep, I haven't seen a non YSOC package car
in quite a long time.
I used to joke.
This would be more valuable because it didn't make a lot of them.
I used to joke to people that bought that or the three RS.
I would say if you get the non YSOC,
you're probably going to have a rare car because it seems
like everyone chucked off the YSOC package.
I was just wondering if you knew that for short,
that everyone ordered it.
But you're saying everyone has come to auction.
Has come to auction in the last 12 months.
A couple of years ago, we saw a few more
of the non YSOC cars.
I was interested to see if somebody
did paint a sample, mag wheels and everything
or whatever but YSOC.
That's incredible.
So GT2 RSs, they're just wild right now.
I didn't think they could go up anymore.
But they all have low mileage, what makes them different.
But people are just paying for even the most plain Jane.
So I live vicariously through my friend, Peter.
And he has one with, I think, about, I think,
12 wonder miles.
And it stresses him out seeing how much his car is
going for these days.
And I think he put 90 miles on it this year.
Oh, no, that's a shame.
I'm like, Peter, you've got to drive it.
He's like, I'm so stressed.
I'm so stressed.
And he's just trying to keep up with his insurance payments.
Yeah, it's almost doubles every time you just find the wheel.
Every mile counts even more.
But that's not the craziest car that we've seen recently.
I had to bring this car up because it's a Porsche Cayenne
that sold for $125,500.
Is it a diesel?
No.
Not even a diesel?
Not even a diesel.
2014.
2014 Cayenne 3.6 with its new car.
Six-speed manual.
This is where I'm going to have to go.
Oh, gosh.
But still, manuals do bring a premium on the Cayenne market.
But the last time this particular car
sold maybe a little over a year ago or within a year,
it was $51,000.
This was one of those cases where two people
were sitting by the computer and really, really
wanted a green manual.
I don't get it.
I'm sorry.
I just don't get it.
I think it's a cool novelty that you
have a manual and a Cayenne.
But to me, a Cayenne.
And this is a base Cayenne.
It's just a base.
It's not even a GTS or S.
It's a base.
Nope.
So GTS cars do pretty well.
The GTS is, you'll see those 45, 50 plus.
What I would love to see and I hope comes to market
now that this thing has, they've made three manual trans
Siberias for the Canadian market.
I've seen two of them.
The two that I saw have pretty high mileage.
I don't know much about the third one.
But if this is doing $125,000,
just imagine what's something so rare.
A GTS or a trans-Siberian.
Trans-Siberian.
Yep.
That would be the car to have.
I can only imagine $100,000 plus.
It has to be.
For the premium, though, I would happily
be happy in an automatic version of it.
Like, why would you pay such a premium
to be able to row your own gears in a Cayenne?
Right?
This is the wildest thing I've seen.
I'm just expressing what Manny's thinking.
Manual Cayenne is triggering me.
Yeah, it does trigger me.
I'm sorry.
It's cool.
Don't get me wrong.
It's cool.
It's just the premium.
Maybe it's just because I'm too cheap.
No.
Yeah.
No, this was a crazy one.
So far, October, the market still seems to be pretty strong.
We've had a number of decent sales.
I was just talking to somebody on the boardwalk
about $3.56.
They've been hit or miss over the last 12 months.
The sell-through rate is pretty low.
And the 50% of the $3.56 that come to market
end up selling.
But we recently had a speedster that
went for $400,000.
That's something we haven't seen at an online auction
here for a while.
That was a really nice car.
And that was a car that, if my memory serves me correct,
was benefited from a more recent restoration,
but also hit the show circuit.
So it had a number of class wins
at certain Concorde elegances, other PCA events as well.
So I think that helped with the price.
That's why, when I think 9-11 as Targas,
that $300,000 to $400,000 Targas out there
just hasn't come to the market in the last year, two years.
So any advice for those that have money burning
in their pocket that you would point them to, to chase after?
I mean, of course, 9-12 ease.
9-12 ease, apparently, are the next hot thing,
especially when you can get the Targas for $8,000.
But I don't think the 9-12 was in your PowerPoint.
What was in your PowerPoint?
I'm still, so when I did the event last year,
we talked a lot about cars are going to do well in the future.
And I still am long on 2016, 9-11,
GTS manual transmission, especially the limited ones,
like the Club Coop or was a Rensport reunion edition
of that year.
So that was the last of the non-GT normally aspirated 9-11s.
And even the normal ones are holding their value pretty well.
But getting that manual Club Coop,
I think that if you found that car, that is a buy and hold
for the long term.
Anything that's really the last of.
You mentioned that this previous GT2 RS
is probably the last real in our eyes GT2 RS.
But that's for someone who wants to buy it,
but then can't put a lot of miles on it.
Can't put a lot of miles on it.
Because to me, the best bargain right now,
we always write more fresh every other week for PCA.
And the one I tell people to look at when
they're looking to buy a 9-11 or just another Porsche
is the 991.1.
Because for what you get with that car,
you can get them for $60,000, $70,000 now for a base model.
And it is a smoking car that you can do everything with
from the track to touring.
I don't know, collectability, what it'll be like 10 years from now
compared to a Club Coop, but for out and out.
Manny, the peanut gallery to the right,
they're like, shh, don't tell everybody.
Don't tell anybody, you ruin it for us.
Bind it now quick before the podcast goes off.
How about for our 996 brothers and sisters?
How are they doing?
996's, they aren't doing too shabby.
There was a 40th anniversary.
Ah, you have one of those, Zoltar?
I love those.
Actually, you have two in the family, right?
Actually, Josh sold his.
He sold it.
Not only did he sell it, but he chose to sell that
over top of his Viper.
Yes.
Oh, yes.
I was crestfallen to say the least.
I have failed my son.
I think Josh went, I want to know.
He might have dropped out on the inheritance list.
Sorry, sorry, back to 996's.
I would definitely look at a 40th anniversary car.
Last couple sales, October, this past month,
we had $45,000 and $43,000.
Pretty solid results.
Right now, that high was a $45,250.
That car had 53,000 miles.
So they're not even super low mileage cars
that are bringing that money.
So they're cars that you could probably sell to a mileage.
Wasn't that featured on,
that wasn't that one of the featured cars
during Boardwalk reunion?
Yes, in fact it was.
9-11 on the fours.
On the fours.
So actually, I absolutely agree with you, David.
My son bought his 996 anniversary edition.
We told him it would be a very good bet, right?
And he would enjoy the car,
because he was looking for a 2009 Cayman.
And he was like, it was like,
a little bit out of his price range.
I said, don't do it.
Just get a anniversary edition with the IMS done.
Which we found the car in Rhode Island,
and he bought it for about 30,000.
Wow, smoke and deal.
This was in 2017.
He just sold it for about 40,000.
So he put so many miles on it,
had a great, his first Porsche,
had a great time with it,
put a lot of miles on it,
and he still made $10,000.
And the car needed new tires and a few other things.
So he had a great time with that car,
and he'll never forget his first Porsche
anniversary edition,
and it just, it didn't owe him anything.
Does he still, he has a 914 as well?
Yeah, he's still got a 914.
So he still has a P car in the garage.
Yes, he does.
Gotcha.
How about the 04 and 05 996 GT3s?
I feel like those, those are so sweet.
Yeah, they've been pretty steady.
It's tough to find one unmodified.
Or not tracked, they've been tracked to death.
So find that unmodified car and keep it unmodified.
If you're worried about values in the future.
We have started to see 996.1 GT3s
start to come into the US.
It took a while for the first couple
to hit the market,
the first one or two that came to market,
no sales, but recently we've seen some sales.
I can pull those up real quick for you.
So 996.1 GT3.
So top of the market was 145,250 for one
with 27,000 miles.
It was actually a really, really nice white car.
There's a couple available right now online,
priced anywhere from like in the 140s to 170s.
Strong.
Is that correct?
So they're really strong.
Is that forbidden fruit that we never got here?
I love those cars.
I love the taco rear wing.
I think it's just a great looking car.
But do you think it's,
because I look at that car and to me,
that's before Andreas Pruninger took over the GT program.
In fact, in interviews, he said that he saw that car
and saw what was wrong with it and knew how to fix it
and then came out with the .2 which is what we got.
So I wonder if people are buying that
because it's forbidden fruit here in the US.
Or they're just thinking the whole GT program will blow up
and they want to get a piece of the GT.
They want to probably get the first GT3 out there.
I think they're looking at numbers.
You know, there are less of those built
than all the GT cars going forward.
Speed 996 is like the 996 GT2.
Looking at that, not a whole lot of those cars were built.
So that's one car that I think
there's still some room to grow.
For sure.
The GT3 at that point is not a brand yet.
It wasn't something that they would thought
that you would just say GT3 and that would be it.
Yeah, even so 996.2 GT3s, 997.1 GT3s,
they sat on showroom floors.
That was back when I was selling Porsches.
I didn't discount those.
That's so hard to comprehend nowadays, right?
Discounting Porsche?
Yeah, discounting your GT3.
Any other words of wisdom we could probably sit here
for another hour and a half,
but we do have to get on.
Anything else you want to share?
Buy them and drive them.
Buy them and drive them.
And if they happen to appreciate,
then that's just exactly good for you, good for you.
All right, want to remind everyone to head over
to pca.org to sign up for PCA's newsletters,
performance news, e-brake news,
mart fresh all free.
And speaking of the news,
there's some hot news hot off the press
that we'll talk about.
But the first one we're going to talk about
the 963 that Manny put in here.
So of course last week you heard
that the 963 is pulling out of the WEC program,
which is the Endurance Racing,
World Endurance Racing Championship in Europe,
which means that Porsche will not be going
after the 24 hour Le Mans,
which also means that this may be the first time
with the prototype built just for Le Mans
that Porsche did not win Le Mans.
Every other prototype they've built,
they've won Le Mans with.
So, and this is to me,
as much as the 963 won championships
both in the WEC and IMSA,
Le Mans is the number one prize
and they could not win Le Mans with this car.
A little sad.
A little sad, but they are going to continue racing in IMSA.
So hopefully we'll see them dominate
the 24 hour Daytona and Sebring.
And maybe it'll stay on long enough
to a private tier will run it at Le Mans
and maybe the rules are changing.
Don't be able to say they've won Le Mans at some point.
So speaking of private,
your next news item has to do
with a private mountain tunnel.
So you've been watching the news,
Dr. Wolfgang Porsche,
the head of the supervisory board
and the son of Ferry Porsche,
the youngest son of Ferry Porsche,
has purchased a mansion in Austria
and he wants to be able to store his cars
and get to his cars.
So they're basically building a tunnel
and the local residents were not thrilled with this
but evidently it's who you know
and that private tunnel has been approved.
But more importantly, if anyone's listening
and the protesters that was watching the sign
and it says Porsche private tunnel stopping.
I want that banner.
I want that protest banner.
Has a nice little picture of a Porsche
coming out of a tunnel.
Has the worst Porsche.
Of course the people holding it are too happy
but I want to print the banner.
I see our friend Rico sitting here.
Rico, just think about this.
We were talking about you building a garage.
Talk about building your own tunnel.
There you go.
Pro mountain.
Through a mountain.
Short tunnel.
And then we talked about Mr. Oliver Bloom recently
that he's probably gonna go take care of things over at VW
which would leave a void in the Porsche world
and there's been a recent announcement.
Yeah, so this just came today.
There's been a new CEO, Porsche, Dr. Oliver Bloma
who was splitting between Volkswagen and Porsche.
The supervisory board made the decision
to have him just run Volkswagen.
And for those who don't know,
the Porsche and PX families own the majority of Volkswagen.
So they control a lot of what happened
to the Volkswagen and Porsche.
Anyways, Dr. Michael, how do you pronounce this?
Bob is German.
Lighters.
Lighters, Dr. Michael Lighters will become CEO
of Porsche AG on January 1st.
Dr. Lighters is a former employee of Porsche for 17 years.
Also formerly CEO of McLaren.
So obviously he comes with a lot of experience
and he's gonna have his hands full
as he inherits a company that is
faced with a lot of challenges right now
between the Chinese market, EV rules, EV adoption and whatnot.
It's gonna be an interesting few years.
All right, a quick update.
Mani and I and Kristen went out to Porsche Santa Clarita
which is where we'll be holding Unstock 2025,
November 16th and hopefully you've registered.
It's gonna be an incredible event.
They have this underground museum.
We counted out 123 spaces for us to display
some modified Porsches.
They've got special parking.
We've got restaurants nearby.
It's gonna be a fantastic time.
So if you-
They have their own restaurant.
They have their own restaurant in-house as well.
And so if you're somewhere near Santa Clarita
in November 16th, please join us there.
I wanna give a plug to PCA Sim Racing.
If you're looking to race other PCA members online,
check it out.
They can help you get all set up
and go race and try, see if your talents
can beat other PCA members.
Insider swag at the PCA Web Store.
We have Mike's,
Mike Insider, Mike Bottles.
We have mugs as well as t-shirts.
But if you're looking for just an insider decal,
send your address information to podcast at PCA.org.
And folks, we are right at the top there.
I wanna thank the audience.
Thank you for being so well-behaved.
Yay.
We appreciate it.
And again, thank you to Bob and Ellen
for a fantastic event.
I know you still have half of the day to go.
Actually, we only have one hour to go on the board.
One hour to go.
On the boardwalk.
Well, we're not leaving.
We're just gonna stay and take over.
And thank you, David, for coming back
for the market update.
And you've made some people very happy, I'm sure.
Learning how much your cars are valued at.
And again, thank you for listening.
Be sure to like, comment, subscribe,
consider sharing our show with fellow Porsche enthusiasts.
Until next time, stay safe
and we'll catch you down the road.
Thank you.
Well done.
Well done.
And again, if you didn't get your swag,
we have some swag up here.
About this episode
The Porsche Club Insider recorded live at the Boardwalk Reunion 2025 in Ocean City, New Jersey, featuring hosts Vu Gwin and Manny, along with special guests Bob Gutierre and Ellen Beck, founders of the event. They discuss the history and growth of the Boardwalk Reunion, which celebrates Porsche culture with a showcase of cars and community spirit. David Whitlock joins later to provide insights into the current Porsche market, highlighting trends in Targas, 912s, and GT cars. The lively atmosphere captures the essence of Porsche enthusiasm, with anecdotes and audience engagement throughout.
This episode finds us on the Music Pier at New Jersey’s Ocean City Boardwalk. We were invited to do a live show at the PCA Boardwalk Reunion, a one-of-a-kind car show presented by PCA Zones 1 and 2. It was an event where 355 Porsches lined the boards. Our guests include Bob Gutjahr and Ellen Beck, who are the founders of the event, and David Whitlock of the Stuttgart Market Letter. We chat with Bob and Ellen about how the event came to be, how many cars attend, what their volunteer team is like, and the behind the scenes challenges. David Whitlock then joins us to talk about how the month of September’s Porsche auction results has fared. He picks out five auction of note and reviews them with us. It was an hour that just flew by.