Outside of the weekend’s annual live auctions in Arizona, bidding continued on the online sites. Ans while there were a few surprises on sales prices of those crossing the block in Scottsdale, none were as shocking as the sale of this 1992 Volkswagen GTi 16V. Seventyfive bids drove its selling price up to $87,000.
Granted it is a beautifully preserved example, but with some curb rash and 53,000 miles, it isn’t museum quality. The MkII GTi 16V was by anyone’s estimation a fun little hot-hatch, but at eightyseven grand, we’re into air-cooled 911 territory.
It’s almost certain that this result will bring out more GTi owners hoping to cash in. Only then will we see if this is a remarkable outlier or the state of the market.