Buying a celeb's car is not a Risky Business model.
As we reported earlier this month, the Porsche 928 from Risky Business was up for auction at the inaugural Barrett-Jackson Houston Auction. The event was a huge success, making $37.5 million. The Risky Business Porsche made the most significant contribution to that pile of money, fetching $1.98 million.
To put that into perspective, non-movie cars are going for anywhere between $10,000 to $40,000. That means someone paid $40,000 for the Porsche and an additional $1.94 million to say it's a car Tom Cruise drove in a movie.
To be fair, this 928 was the hero car in the movie. It was the car Cruise used while learning to drive stick and the car that features in the car chase scene. Tom Cruise turns to his female companion at the end of the scene and says, "Porsche. There is no substitute."
It's not a particularly stunning car chase, but the director, Paul Brickman, at least included a slide or two. For once, the sound also matched the car.
The 928 was meant to be a 911 replacement, but, as we now somewhat ironically know, there is actually no substitute for the 911. It was a cool car, however. The 4.5-liter V8 produced a solid 219 horsepower.
After filming commenced, the car got a bit lost. The famous 928 resurfaced again in 2012 when it was sold at an auction. Following that, it was meticulously restored and kept in a climate-controlled facility. It went out a couple of times to be displayed at the Peterson Automotive Museum and Porsche North America.
The only other cars that fetched more than $1 million were two 2019 Ford GTs. A lightweight version went for $1,199,000, while a standard car sold for $1,001,000. Every other car at the auction fetched less than $500,000, including a 1966 Shelby GT350 raced by Stirling Moss and three other previous-generation Ford GTs.
In case you're a fan of celebrity rides, you might want to check our list of the best celebrity cars sold in 2020. It seems having a famous butt on the car seat is worth a lot more than low mileage. Elvis Presley's Mercedes-Benz 600 went for more than twice what it was worth. It seems people are willing to pay a hefty premium to sit where The King once sat.