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Main Monterey Wrap Up

Auction sales from Monterey Car Week totaled a record-setting $469 million; more than $126 million than last year’s total. RM Sotheby’s three-night auction accounted for more than half of that total, setting a record with a staggering $239.2 million in sales. Catch up on results from all the auction houses.

Rm Monterey

Monterey Car Week 2022, including the Pebble Beach Concours d’ Elegance®, is just days away, and our regional sales managers have made their annual “Cars to Watch” selections, covering a broad range of classic vehicles. Their picks include a 1995 Ferrari F50 (pre-sale estimate of $4.5 – $5.5 Million); a 2010 Porsche 911 GT3 RS 3.8 ($250K – $300K); and even a 1962 Volkswagen Type 2 Deluxe Microbus ($140K – $180K). Perhaps some of your favorites are among their picks.

Gooding & Company

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.

RM Sotheby's

“The Amelia” may have dropped “Island” from its name, but this year’s event will be special, now under the Hagerty umbrella of automotive assets. Read our detailed description of what’s scheduled, whether you’re attending in person or virtually.

Dave Magers Photo

Met Dave Magers: CEO of Mecum Auctions. Dave has served as chief executive officer of Mecum Auctions since 2013. Having always been a “car guy,” Dave brings a wealth of valuable knowledge and experience into the Mecum mix with more than 40 years of experience in the business and financial sector.

classic car financing

Over the coming months, auction houses are hosting both online and live auctions. This includes Mecum, RM Sotheby’s, Gooding & Company, and Bonhams. The schedule is outlined here, with events in July and August.

classic car financing

At the Amelia Island Concours auctions this month, Bonhams has a 1971 model Mercedes-Benz 280SL up for grabs, with an older restoration and a pre-sale estimate of $90k-$110k.

classic car financing

Taking place this year on March 8th, the Amelia Island Concours d’Elegance draws nearly 250 show vehicles and legions of classic car fans every year. This year’s event will honor Roger Penske, and the featured marque is Lozier. Best of all, since its inception, this event has generated over $3.5 million in support of local and national charities.