It is always a challenge to price a vintage exotic sports car, with many factors coming into play. The factors are clear in the $1.357 million dollar sale of Steve McQueen’s 1970 Porsche 911S: Celebrity ownership, film stardom, condition, originality and rarity! A car like this is a centerpiece at any luxury car auction.
Steve McQueen Porsche 911S
The book value for a 1970 Porsche 911S with numbers matching, loaded factory options and similar mileage is around $55,000, so you can imagine the scale of surprise when McQueen’s famous car nabbed over a million! Well, the car did star in the classic 1971 film “Le Mans”, so the unique value adds to the lofty price tag. If you lack a million dollars to invest in an antique, just try a Chicago luxury car rental and experience the latest Porsche has to offer.
Steve McQueen’s 1970 Porsche 911S
While book values and past sales do play a large role in rare exotic car sales and luxury car auctions, the simplicity lies in the fact that a car is worth whatever amount a buyer is willing to pay for it, and emotions are often involved.
This and the underlying exclusivity came into play when the slate gray legend nabbed the record price for a Porsche 911 at auction. Ironically, Steve McQueen only owned the 911S during the filming of Le Mans. The car was delivered to the set, and McQueen sold it shortly after the film wrapped to an LA owner who cared for it for 30 years. The rare Porsche then changed hands twice prior to the Monterey luxury car auction.
The 1970 Porsche 911S is in fantastic condition!
Post by Imagine Lifestyles Luxury Rentals