Porsche 911 R Selling for Over $1.3M on Used Car Market

The Porsche 911 R is already becoming a collectible.

Introduced earlier this year at the 2016 Geneva Motor Show, the Porsche 911 R was billed as a purist’s sports car, sporting a 4.0-liter flat-six engine with 500 horsepower and 338 pound-feet of torque. While the engine is borrowed from the Porsche 911 GT3 RS, the highlight of the special model was the fact that it was available exclusively with a six-speed manual transmission, which isn’t offered with the GT3 RS any longer. The result? A sports car without the flashy rear spoiler of the GT3 RS, a zero-to-60 mph time of 3.7 seconds and a top speed of 200 mph.

In the U.S., the Porsche 911 R demanded a price of $185,950 including destination. That’s already out of reach for the average car enthusiast, but you might be surprised to hear what they are already selling for on the used car market.

SEE ALSO: Purist Porsche 911 R Arrives this Summer Priced from $185,950

With production limited to 991 units, which represents the current-generation 911’s internal code, Motoring Research reports that the Porsche 911 R is selling for closer to $1.3-million on the used market, which is seven times the original asking price. Specialist supercar dealers are finding demand to be so high that deals are being done behind closed doors and aren’t being advertised. The news comes from supercar finance experts Magnitude Finance: “We believe this is a record level of appreciation for a new car based on a percentage of its original value,” said Magnitude’s Tim Marlow.

The company confirmed that it spoke to “several Porsche specialist dealers and they confirmed the cars are commanding close to £1 million but they can’t list them at this amount.”

[Source: Motoring Research]

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