The 2023 collector car auction season got off to a roaring start in January. The Bonhams Scottsdale auction reached $30M in sales, and RM Sotheby’s reported $44M. The big surprise came from Bonhams, where a 1912 Simplex brought $4.8M, a record for a pre-WWI car. Supercars were still supreme, though, with a Ferrari LaFerrari getting $4.075M at RM Sotheby’s and, earlier in the month, a Ferrari F40 topping the Mecum sale in Kissimmee, Florida at $3.135M.
BMW’s Z8 is the kind of car that many wish BMW would build again. Two of those cars – a standard BMW Z8 and the Alpina version, called the BMW Alpina Roadster V8 – recently sold earlier this month at RM Sotheby’s Miami auction. Offered by two different owners, and both with under 23,000 miles, each car sold for exactly the same price: $229,600. Read the backstory on the Z8 and the Alpina Roadster.
The BMW 507 roadster, introduced at the 1955 Frankfurt Auto Show, is recognized as one of the most beautiful models that BMW ever produced. Only 252 hand-built 507s were produced, and despite their curb appeal, they were money losers that nearly sank BMW as a company. A 1957 BMW 507, discovered in a Philadelphia garage, sold last month at the Bonhams Audrain Concours Auction in Newport, R.I. for $2.1 million. Read the backstory on this historic BMW.
Here are our “Cars to Watch” for the Gooding & Co. auction at Amelia Island, which features a rare 1937 Talbot-Lago T150-C_SS “Teardrop” Coupe, which has a pre-sale estimate of $10 million. This auction promises to be comfortable, casual, fun, and yet classy.
1958 BMW 507 Series II was offered at the Gooding & Company auction and set a world record for the model by selling for $2.75 million (above its pre-sale estimate of $2-$2.5 million).
Car designers may loathe the term “retro,” but when done right, retro can raise pulses. The BMW Z8 certainly raised pulses when introduced for model year 2000 – and it still does today.
RM Sotheby’s, which introduced a curated, art gallery-type presentation for classic automobile auctions with its “Art of the Automobile” sale in November 2013, is holding a second themed sale on December 10 at Sotheby’s New York (1334 York Avenue). Called “Driven by Disruption,” this auction will present a stellar, curated collection
Many auto aficionados no doubt resonate with the idea of a thread running through a carmaker’s timeline and model history, one that then defines the marque’s heritage. Marketing departments sometimes overplay heritage, of course. The best messengers for heritage should be cars that deftly blend a sense of history with their modernity. Call it retro done right.
