This old Porsche sold for more than £250k at auction

A frantic bidding war led to the hammer falling at £253,125 for a 1998 Porsche 911 Turbo S at this weekend’s Silverstone Auctions sale.

Only 345 examples of the 993 Turbo S were ever built, hand-finished by Porsche’s Exclusive department with a 3.6-litre twin-turbocharged flat-six engine producing 450hp. Four-wheel drive helps the ultra-desirable model hit 60mph in 3.6 seconds, while 0-100mph takes just 8.9 seconds.

With just 23 right-hand-drive models leaving the factory, a rare 911 like this is always going to make for a sound investment. The auctioneers say the Turbo S attracted interest from customers in the room and telephone bidders around the world before the gavel fell, making it the most expensive lot of the day.

Other star lots included a rare 1992 Porsche 911 Carrera RS Touring, which fetched £219,375 including premium – £34,375 above its lower estimate. The 964 Touring shared its mechanicals with the stripped-out Carrera RS, but with added sound proofing and interior trim. Said to be less of a compromise for day-to-day driving, only 11 right-hand-drive models were ever built, with six of those coming to the UK.

A 1955 Chamonix 500 Spyder recreation, a replica of the Porsche made famous by James Dean, also attracted a bidding frenzy, reaching £43,875 – well above its initial £32,000 lower estimate. The car was initially built by US firm Special Editions Inc for F1 assistant race director, Herbie Blash.

More than £2.5 million changed hands during the three-hour Silverstone Auctions Porsche sale, held at Silverstone on October 21st. More than 300 Porsche Club GB members attended, with 64 percent of cars on offer sold.

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