Record-breaking online bid for Porsche 962

29 May, 2015

The most valuable lot ever sold to an online bidder was the top lot at Bonhams’ recent Spa Classic Sale. The ex-Jürgen Oppermann/Otto Altenbach/Loris Kessel Obermaier Racing 1990–’93 Porsche Type 962 C Endurance Racing Competition Coupe (how’s that for a name) was eventually sold for €1,495,000 (NZ$2.28M).

Sold directly from the factory, the Porsche 962 had been carefully maintained by the same private owner for the past 25 years — unsurprisingly, the car provoked much interest with those possessing an eye for historic competition cars.

The fact that this Porsche was sold to an online bidder underscores the continuing growth of the internet as a trusted method of purchasing valuable collector’s cars. 

Elsewhere, Porsches continued to prove popular, with a 1988 Porsche 959 coupé achieving the second-highest result, selling for just over one million New Zealand dollars to a telephone bidder from the UK, while a 1992 Porsche 911 Carrera RS Type 964 coupé sold to a bidder at the sale for €224,250 (NZ$342,370).

As you’d expect, classic Ferraris continue to record strong prices, with a 1970 Ferrari 365 GTB/4 ‘Daytona’ Berlinetta going for €667,000 (NZ$1.1M), and the 1976 Ferrari 308 GT Berlinetta Vetroresina achieving an excellent price of €253,000 (NZ$386,264).

Further highlights of the sale include a pair of S1 3.8 Jaguar E-Type roadsters, both from 1962, which were sold for €172,500 (NZ$263,362) and €170,200 (NZ$269,850) respectively, with a slightly later 1965 Jaguar E-Type 4.2 roadster finding a new owner at €138,00 (NZ$210,690).

NZ Classic Car magazine, November/December 2026 issue 408, on sale now

Star status for classic Porsche
A long search ends: finding the right car
Unveiled at the Frankfurt Motor Show in 1963, the Porsche 911 heralded an iconic lineage of sports cars, known for their exceptional performance, remarkable racing reliability, and adaptability, second to none.
New Zealand Classic Car, in conjunction with Star Insure, recently conducted a photo competition to find 13 suitably impressive classics to grace the pages of the magazine’s 2027 calendar. A flood of entries showed that Kiwis recognise eye-catching designs and restorations. Many are handy with a camera, too, and have entered some outstanding results.
The choice was not straightforward, with multiple stunning entries, and Geoff Long’s immaculate 1990 Porsche 911 (964 Factory designation) took top honours. Fortunately, Geoff had Ethan Hanlon handy to take the accompanying photos while working in his office.
“I’ve got a young employee who is doing work experience in my office at the moment, and he’s a very avid photographer. So, I said, I’ll buy you breakfast and then why don’t we go and take some photos. He found the right spot, and he spent over an hour photographing.”
Originally sold new in Japan, hence the right-hand drive, the Porsche was resident there for four years before being exported to New Zealand, as Geoff recalls.
“I bought it two-and-a-half years ago, but I looked for it for over two years, because it’s just the colour scheme, interior and exterior I was after. The service file that came with it is extensive; I mean, it’s been beautifully looked after, which is what I wanted to continue, as it does get driven. It doesn’t sit in the garage.”

Classics on the green

Many pretenders vie for the title, but the Pebble Beach Concours d’Elegance gets my vote as the biggest thing since sliced bread.
The 71st edition of the world’s pre-eminent and best-known concours event featured 28 classes, judged by a 180-strong jury, which also chose the recipients of 26 special awards.
The size of the event, the number of visitors, and, most mind-numbingly, the sheer number of amazing cars, is almost overwhelming. There are so many quality cars to gaze upon, and so many people gazing at those cars, that it is almost impossible to cover everything.
Notable among the many attractions were the centenary celebrations of the 24 Hours of Le Mans, an elegant Talbot-Lago Grand Sport, Hermann Graber’s Swiss-bodied cabriolets and coupés, the jewels of Otto Vu Italian V8s, early Alfa Romeos, Lincoln and its centenary, and cars with unorthodox propulsion systems.