Pioneering Corvette chief engineer Zora Arkus-Duntov would have been thrilled to see the new-generation mid-engine Vette comparing favorably with far more expensive sports cars. And he would have been floored to see the new-for-2023 Z06 version called “an American Ferrari” by a leading automotive magazine. Lapping a racetrack faster than all but a handful of exotics and priced from $110,000 to nearly $180,000 with all options, the Corvette Z06 has indeed “arrived” in a new echelon of the performance car world.
Forget March Madness, Florida brought the heat to the collector car world with the quartet of Amelia Island auctions booking $186 million in sales, a record for the venue. The top sale, a 1962 Ferrari 250 GT California Spider, accounted for $18M by itself. Ferraris grabbed 13 slots across the four auctions’ Top-10 lists, and Porsches took four. Modern supercars made some auction Top-10 lists, including $5.3M for a rare Pagani Zonda and $2.4M for a McLaren P1. A 1931 Duesenberg put the spotlight on Pre-war cars with a $4.3M sale.
The Acura NSX, a Japanese supercar introduced in 1990, reached a higher peak with its 1999 Zanardi Edition. Commemorating Alex Zanardi’s Championship Auto Racing Teams (CART) IndyCar championships in 1997 and 1998 in Reynard-Hondas, only 51 cars were built. At its Quail Lodge auction this month, Bonhams will offer the #3 car, which has had three owners, and shows only 17,300 miles. The pre-sale estimate is $240,000-$280,000
The new McLaren 765LT Spider is built for insanely fast speeds. With obsessive attention to reducing mass, the car’s pricing starts at $382,500, without a stereo system or air conditioning, which are no-cost options that add 25 pounds to its weight. This venomous Spider will run from 0-60 in just 2.7 seconds, obliterate the quarter-mile in 10 seconds and top out at 205 mph if you have enough track.
By all accounts, the auctions at The Amelia — now under the ownership of Hagerty — were a grand success, with the sales from RM Sotheby’s, Bonhams and Gooding & Company totaling nearly $126M. Notably, a 1937 Talbot Lago set a world record price for the marque and for French cars at $13,425,000
If you paid $1.32 million for a 2018 Ford GT Heritage Edition with only 7 miles on the odometer, would you drive that car? That was just one of the very low-mileage dream cars that sold at Mecum’s live auction in Kissimmee, Florida. Mecum’s total sales of $217 million (with a 90% sell-through rate) marks the first collector car auction to surpass $200 million for a single event. Read about the top selling cars.
The SLS AMG, the successor to the legendary Mercedes 300 SL Gullwing, has been described as “a beauty with a touch of brute.” At its Scottsdale auction, Gooding & Company will offer a single-owner 2011 SLS AMG with only 3,000 miles on the odometer. The pre-sale estimate is $175k – $225k. Give Premier a call, so you’re prepared to bid on this beauty.
A review of Premier Financial Services’ leasing activity during 2021, shows most of the same marques and models repeating their appearances in our annual Top-10 Leased Exotics list, although with different positions. Which is your favorite?
The exciting effect of being surrounded by amazing cars and competitive bidders might have lead to Monterey sales taking in $343 Million.
