Unsold

2005 Porsche Carrera GT

VIN: WP0CA29815L001419

$1,000,000

Unsold

High bid

Seller details

Vehicle specs

  • Chassis/VIN

    WP0CA29815L001419

  • Body style

    Coupe

  • Odometer

    16284 m

  • Transmission type

    Standard

  • Engine Type

    V10

  • Horsepower

    605

  • Induction

    Bosch ME-7.1.1 FI

  • Interior Color

    Dark Gray leather

  • Exterior Color

    Fayence Yellow

  • Generation

    2004-2007 Porsche Carrera GT

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

5733/605hp, 6-speed manual, Yellow calipers, Michelin Pilot Sport tires, books, factory luggage. Leather upholstery.

Condition

#3 Good

Runs and drives well. Flaws not noticeable to passersby. Most common condition.

About Hagerty’s condition ratingsClose

Represented with 16,284 miles and reportedly stolen in 2010 but recovered without damage other than scratches to the paint. There are also some scuffs on the bottom front lip and some blemishes on the carbon rear diffuser. The carbon fiber in the front wheel wells is also slightly fraying at the edges. Otherwise the car is clean and as attention-grabbing as you’d expect a bright yellow hypercar to be, and the interior is free of flaws other than light wear in the driver’s seat.

Market commentary

Even with minor damage a record of theft on a vehicle, especially an expensive one, is an obvious red flag. But there's even more to this car's history than a bit of joyriding. According to US Treasury records it was bought with proceeds from a massive bank fraud scheme. It appears to have then been confiscated and sold for $210k at a government auction in Virginia 10 years ago. That anyone would bid $1M on it here shows just how far these cars have come. They started at around $600k when new, and didn't really become seven-figure collector cars until the pandemic boom. Given its issues this one could have sold at the reported high bid if there was real money there, especially since another Carrera GT with its own issues (including a salvage title) sold for $1,072,500 ($975,000 hammer bid) the following day.

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