Remember the Porsche 911 R? It was a purist’s version of the 991 that Zuffenhausen rolled out a little over two years ago. Production was limited, they sold out quickly, and started trading hands on the open market for ridiculous prices. But those prices may be starting to level out.

At its Fort Lauderdale auction this past weekend, RM Sotheby’s sold a rather splendid example of the 911 R. Not for seven figures, but six. $300,000, to be exact.

That’s less than double the $185,000 that Porsche charged for each one when new. Don’t get us wrong, it’s still a considerable markup. But it’s a far cry from the million-dollar asking prices we saw on some examples in the months following its reveal at the 2016 Geneva Motor Show. In fact, we saw one listed for $613k just the other day – more than twice what this one has sold for.

This example was the 430th of the 991 examples made. It’s decked out in a unique white livery with bright blue stripes. And it came equipped with the Sport Chrono package and numerous other options.

What’s happening?

So why is the 911 R selling for so much less than before? Two reasons: namely, the Carrera T and GT3 Touring. You see, Porsche didn’t like seeing these rare machines being flipped at such astronomical rates. So it came out with two models that offered much the same approach.

The 911 Carrera T is based on the turbocharged base model and starts at just over $100k. And the Touring package is a no-cost option on the 911 GT3, which starts at under $150k.

Both are available as standard-production models. And they were designed to offer the minimalist, purist experience of the 911 R… without the inflated values. Judging from the sale price on this example, they seem to be doing the trick.