The Gooding & Company Amelia Island Auction is always comfortable, casual, fun and yet classy. See which Ferrari’s and Porsche’s stood out to industry professionals this year.
We’ve learned a few things over the past 20 years about how to buy exotic, vintage and luxury cars, whether they’re new or previously owned. So we’ve created a 5-part series to pass that information along to serious car enthusiasts like you. Part 3 in our series tells you everything you need to know about buying and selling at auction.
Celebrating its 25th anniversary, the Amelia Island Concours d’Elegance in Florida stands as one of the finest collector-car events in North America. This year, auction houses include RM Sotheby’s, Gooding & Company and Bonhams, plus plenty of events from the Concours D’Elegance and Porsche Club of America.
In a few weeks at the Amelia Island Concours d’ Elegance, Gooding & Company’s auction will offer a 75,000-mile 1994 BMW 850CSi in the stunning shade Hellrot (German for light red). Pre-sale estimates put this car between $90,000-$110,000, approximately the same price as when the car was new.
America’s concours elegance season began in earnest with the Amelia Island Concours d’ Elegance this past weekend. There are some surprising results, including the Top 10 auction sales at the Concours.
RM Sotheby’s will offer a black 1994 Supra Turbo Sport Roof with 11,200 miles at its Amelia Island sale. The pre-sale estimate is $100k-$120k, or nearly three times the original list price.
The Porsche 914 spent decades in the shadow of the 911, with many enthusiasts giving it the cold shoulder for its mixed Porsche and Volkswagen parentage.
In his interview with the Jacksonville Business Journal, PFS Southeast Sales Manager Chris Warren points out that, for wealthy individuals, having the ability to write a check for the full amount of a vintage or exotic car is not always the best financing option.
Going into the weekend, there had been much buzz around two much-publicized “barn finds,” or more accurately, cars that had been evicted from a condemned garage earlier this year, a 1966 Ferrari 275 GTB long-nose alloy coupe and a 1966 Shelby Cobra 427 Roadster.
