Jerry Seinfeld Sends $10 Million Worth of Porsches to the Auction Block

seinfeld-collection-porsche

Remember when we said that Barack Obama might be the coolest car guy ever? Well, he’s not.

In that same article we mentioned that Jerry Seinfeld could be making a case for himself with his web series, Comedians in Cars Getting Coffee.

Little did we know that Mr. Seinfeld is one of the world’s most exclusive Porsche collectors and owns one of the rarest stables of Porsches known to exist, including the very first 911.

That automatically ranks Seinfeld in the upper echelon of car guys, no questions asked. Three of his rarest vehicles will go on sale at auction in March, and are expected to fetch a staggering sum.

Here are the cars going up for sale:

1955 Porsche 550 Spyder. This is the same model of car that James Dean died while driving. This particular model is expected to sell for up to $6 million.

A 1958 Carrera Speedster, which is expected to demand at least $2 million. It’s one of only 151 Carrera Speedsters ever built, and one of only 13 painted a unique shade of green.

1974 Porsche 911 Carrera that was the first of 15 RSRs built specifically to compete in the International Race of Champions series. Its estimated sale price is up to $1.5 million.

In a statement, Seinfeld said,

I’ve never bought a car as an investment. I don’t really even think of myself as a collector. I just love cars. And I still love these cars. But it’s time to send some of them back into the world, for someone else to enjoy, as I have.

Classic Porsches are one of the fastest-appreciating classic cars on the market. That’s great for current owners, but not so great for folks who want to acquire an older Porsche.

The old air-cooled Porsche 911s cost a fortune these days and later model cars are starting to become collectible already. (My wife owned a 1974 911 Sportomatic. Letting it get away is her life’s biggest regret.)

There’s still one era of 911, though, that’s affordable. Road & Track said,

The 996, which ran from 1997 to 2004, is easily the most hated version of the 911. Why? It was mass-produced, had a water-cooled engine, shared parts with the Boxster, and had an engine defect that was serious but overblown. And yet it’s a fast, capable car that delivers almost everything you would expect from Porsche. It’s also cheap for a used 911.  If you’re looking to get into a pre-owned 911, the 996 is your best opportunity.

Of course, used Boxsters and 914s are still out there at low prices, but many enthusiasts don’t really count those among true Porsches. If you want the genuine Porsche experience, you can either bid on one of Seinfeld’s prime examples, or search the listings for a quality used 996.

What used classic car would you buy?

-tgriffith

Find Certified Pre-Owned Cars and Used Cars in your area at CarGurus.

Used Porsche 911
Used Porsche Boxster
Used Porsche 914

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