Why did this Porsche 993 Turbo Sell for Half-Price?

The Porsche 993 Turbo is a car for every Porsche collector’s garage and prices reflect that demand as 993 Turbos regularly sell for $150,000 plus. At the recent Bonhams ‘ Scottsdale auction there was a 1997 Porsche 993 Turbo going up for auction but its pre-sale estimate was only $75-100,000; half the normal price for this highly desirable model of an end-of-run air-cooled Porsche 993.

1997 Porsche 993 Turbo