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Jerry Seinfeld Faced Tough Bidders at Auction, Failed to Sell Porsche Carrera GT

Seinfeld is a cool guy with a keen sense of all things with a Porsche badge, but the American comedian failed to impress the rich and famous car collectors that came at Gooding & Company’s Amelia Island Auction. From a total of 16 Porsches, Jerry managed to get rid of 15. Would you care to guess which Porsche hasn’t been sold? Yup, you’ve guessed it.
Jerry Seinfeld driving a Porsche 1 photo
Photo: Screenshot from YouTube
The 2000 Porsche Carrera GT prototype failed to sell. There is but a single reason why Jerry Seinfeld couldn’t convince the crowd to bid more and drive this baby into the sunset. That reason is that the prototype car isn’t drivable. Before Porsche sold the car to Seinfeld, engineers removed the engine management unit. Who would’ve paid between $1.5 million to $2.2 million for a German supercar with an engine that won’t turn on?

What about the other 15 Porsche vehicles? Let’s begin the countdown with the most disappointing of the undersellers - the 1973 917/30 Can-Am Spyder. The crown jewel of the Seinfeld collection was estimated to sell for between $5 and $7 big ones by Gooding & Company. The thing is, the high bid of $3 million fell short of the $5 million minimum estimate. Poor Jerry.

On a more positive note, a 1974 Porsche 911 Carrera 3.0 IROC RSR exceeded expectations by attracting a high bid of $2,310,000. That’s more than $800,000 over and above the $1,500,000 high estimate. I guess Jerry left Amelia Island with mixed feelings after so many ups and downs, but then again, he left the auction $22,244,500 richer than he was before.

Other than the 16 Porsche cars mentioned beforehand, Jerry put up for auction two classic Volkswagens. Here’s the rundown of those 18 vehicles sold at the Amelia Island Auction, including the auction fees:

* 1960 Volkswagen Beetle = $121,000 (estimate: $35,000 - $55,000)
* 1964 Volkswagen Camper = $99,000 (estimate: $80,000 - $100,000)
* 1958 Porsche 597 Jagdwagen = $330,000 (estimate: $350,000 - $425,000)
* 1955 Porsche 550 Spyder = $5,335,000 (estimate: $5,000,000 - $6,000,000)
* 1959 Porsche 718RSK = $2,860,000 (estimate: $3,800,000 - $4,200,000)
* 1957 Porsche 356A Speedster = $682,000 (estimate: $500,000 - $600,000)
* 1958 Porsche 356A 1500 GS/GT Carrera Speedster = $1,540,000 (estimate: $2,000,000 - $2,500,000)
* 1963 Porsche 356B 2000 GS/GT Carrera 2 Coupe = $825,000 (estimate: $1,100,000 - $1,400,000)
* 1966 Porsche 911 = $275,000 (estimate: $200,000 - $300,000)
* 1973 Porsche 917/30 Can-Am Spyder = $3,000,000 (estimate: $5,000,000 - $7,000,000)
* 1974 Porsche 911 Carrera 3.0 IROC RSR = $2,310,000 (estimate: $1,200,000 - $1,500,000)
* 1989 Porsche 911 Speedster = $363,000 (estimate: $250,000 - $325,000)
* 1990 Porsche 962C = $1,650,000 (estimate: $1,500,000 - $2,000,000)
* 1994 Porsche 964 Turbo 3.6 S Flachbau = $1,017,500 (estimate: $1,000,000 - $1,300,000)
* 1997 Porsche 993 3.8 Cup RSR = $935,000 (estimate: $1,200,000 - $1,500,000)
* 2000 Porsche Carrera GT Prototype = Didn’t sell (estimate: $1,500,000 - $2,250,000)
* 2011 Porsche 997 Speedster = $400,000 (estimate: $300,000 - $400,000)
* 2012 Porsche 997 GT3 4.0 Cup Brumos = $462,000 (estimate: $300,000 - $500,000)
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About the author: Mircea Panait
Mircea Panait profile photo

After a 1:43 scale model of a Ferrari 250 GTO sparked Mircea's interest for cars when he was a kid, an early internship at Top Gear sealed his career path. He's most interested in muscle cars and American trucks, but he takes a passing interest in quirky kei cars as well.
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