Business UpdateApr 28, 2026, 12:58 PM
HGTY's Broad Arrow Porsche Auction Sales $20M; 84% Sell-Through
AI Summary
Broad Arrow Auctions, driven by Hagerty, announced its third annual Porsche Air|Water Auction achieved $20 million in total sales with an 84% sell-through rate (70 of 83 lots). This marks Broad Arrow's strongest Air|Water performance to date, with nearly 50% first-time bidders. The top sale was a 2015 Porsche 918 Spyder Weissach for $4,680,000, and a 2025 RUF SCR sold for $2,095,000. The event showcased a catalog of highly optioned and bespoke modern Porsches, indicating strong market trends.
Key Highlights
- Broad Arrow Auctions achieved $20 million in total sales at its third annual Porsche Air|Water Auction.
- The auction had a strong 84% sell-through rate, with 70 of 83 lots sold.
- Nearly 50% of all bidders participated for the first time.
- The top sale was a 2015 Porsche 918 Spyder Weissach for $4,680,000.
- A 2025 RUF SCR sold for $2,095,000.
- A 1992 Porsche 911 Targa Reimagined by Singer sold for $1,160,000.
- A 1998 Porsche 911 Turbo S WLS2 sold for $681,500, exceeding its pre-sale estimate.