The high-end automotive market isn’t always predictable, even for ultra-rare vehicles. A recent sale of a Gunther Werks 911 Speedster, one of only 25 ever made, demonstrates how quickly value can shift in the restomod Porsche scene. A New York dealership, HK Motorcars, recently sold the car for $965,000, taking a loss of nearly $200,000 in under three months.
The Dealership’s Quick Flip Backfired
The Speedster originally left Gunther Werks in October 2022. HK Motorcars acquired it a year later for $1.15 million, likely anticipating a profit. The dealership attempted a public auction through Bring a Trailer, where bidding stalled at $905,000, below their undisclosed reserve price. It ultimately sold via a private offer for $965,000, resulting in the substantial loss.
The quick transaction suggests either the dealership overpaid during its initial acquisition, or the buyer secured a significant deal. The volatility highlights the speculative nature of high-end car collecting, where market conditions can change rapidly.
What Makes This Porsche So Exclusive?
Gunther Werks specializes in meticulously crafted Porsche restomods. The 911 Speedster build process involves stripping a donor car down to its chassis and rebuilding it with extensive carbon fiber body panels. This particular model features a custom Gin Tree Green metallic finish with striking matte green stripes and Porsche branding.
Performance Specs
- Engine: 4.0-liter air-cooled flat-six
- Horsepower: 430 hp
- Torque: 330 lb-ft
- Transmission: Six-speed manual
- Brakes: Six-piston Brembos (front) and four-piston calipers (rear)
- Suspension: Adaptive coilovers
The attention to detail extends to the interior, which has been fully reworked to match the exterior’s quality.
Why This Matters
This sale underscores the risks in the ultra-luxury automotive market. Even highly sought-after vehicles are not immune to price corrections. The incident should serve as a reminder that investment potential in these cars isn’t guaranteed, and market timing is crucial. The Gunther Werks Speedster remains an exceptional vehicle, but its financial performance proves that desirability alone doesn’t always translate to profits.
