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.
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.
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.
Don’t knock the ’70s. One of the most compelling traits of any classic performance car, be it European, American or Japanese, is that it has nothing to prove today. If you’re looking for the quickest, fastest and best handling, you want a new car, period. In that spirit, we offer a preview of a 1977 […]
Dating back to 1950, when the Pebble Beach Concours d’Elegance® and Pebble Beach Road Races were first held, the automotive-related events on the Monterey Peninsula each August have made this gorgeous coastal area the undisputed global epicenter of car culture. This year, live events are back and span Friday, August 6 to Sunday, August 15.
The Ferrari California’s cabin was premium luxury all the way, but with a layout that hewed more closely to contemporary luxury GTs than the more purist performance themes seen in Ferrari’s other models. As with other Ferraris, of course, customers could avail themselves to a wide range of personalization options.