Forty gleaming classic and collectible cars went under the hammer this past Saturday at the Creative Rides auction with a 1989 Porsche 911 Speedster (photo) going for R3.3-million.
This wasn’t just any Porsche. The 1989 Speedster is a one-year-only limited production model, first unveiled at the Frankfurt Motor Show in September 1989. Inspired by the original 1955 Porsche 356 Speedster, only 2 104 units were ever built — and the star of Saturday’s auction was one of just 139 right-hand-drive second-generation Speedsters (the coveted G-Series model).
Notably, the G-Series Speedster was never offered for sale in South Africa. At its 1989 global launch, it carried a 25% premium over the regular Porsche 911 Targa, which retailed locally for R341 000. But, factoring in South Africa’s 100% import tariffs at the time, the landed cost of a 911 Speedster back then would have been around R450 000 — a small sum compared to the car’s status (and value) today, earning its proud seller an outstanding investment return.
“The beauty of our Creative Rides auctions is that they bring together all-time collectible classics like the Porsche 911 Speedster with instant future classics like the BMW M4 CS,” said Kevin Derrick, CEO of Creative Rides.
The Top 5 sellers of the day were dominated by German engineering, with modern BMW icons following closely behind the Porsche. A 2017 BMW M4 GTS F82 reached a hammer price of R1.8 million, and a 2021 BMW M2 CS achieved R1.7 million.
But it wasn’t all about Europe. One of the surprises of the day was a 1969 Dodge Charger 440 RT, which thundered to R2 million. This wasn’t your average muscle car — it featured an 8.5-litre Chrysler Hemi V8 and a suite of mechanical upgrades, making it a true resto-mod masterpiece.
On the South African muscle-car front, a pristine original 1972 Ford Fairmont GT achieved a respectable R900 000, while a matching-numbers Ford Capri Perana V8 was arguably well purchased at R700 000.
Another local highlight was an iconic “South Africa-only” Volkswagen Golf Mk I GT LTD, number 003 of just 1 000 built, showing only 29km on the clock. Although it fetched R550 000 under the hammer, it did not meet its reserve price.
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BNA Motors in Cape Town is celebrating its tenth birthday this year with five separate dealerships in Goodwood and Parow and some major expansion plans for the near future.
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I always do like seeing other people dance in their cars. It's one of the things that makes me happy.
Ariel Gore
Motor industry leaders are anticipating a sharp fall in American electric vehicle sales after the elimination of a vital R135 000 tax incentive for purchasers.
South Africa ranks as the fourth riskiest country to drive in, according to the World's Best Drivers Index 2025, a study by Compare the Market, which tracked 56 countries, according to a report on GadgetWheels.
The Automotive Business Council (naamsa) says the broader economy surprised one and all on the upside in the second quarter, with GDP expanding by 0.8% q/q and household spending showing resilience, in its reaction to the release of the monthly new vehicle sales for September this year.
