Mercedes-Benz, through its Mercedes-AMG performance division, has launched a new AMG GT coupe, after discontinuing the successful original 2015-2023 model. The king of the hill in that original run was the AMG GT Black Series, a track machine with few peers. For those who put down a deposit for the hyper-limited $2.7 million AMG Project One hypercar, Mercedes also offered the opportunity to buy an AMG GT Black Series Project One Edition for nearly $400,000. Just 25 were believed sold in the U.S., and RM Sotheby’s Miami sale in March is offering one, with a pre-sale estimate of $550K-$700K.
January kicked off collector-car auction season with a big bang and big dollars. Following Mecum’s $275M haul in Kissimmee, Florida mid-month, the traditional Arizona auctions added about $245M more to the tally, with $200M of that from Barrett-Jackson’s no-reserve sale in Scottsdale. Bonhams, though, had the highest-priced auction sale in Arizona, with $5.175M buying a Bugatti Chiron Super Sport 300+ (as in 300+ mph test-track capability) for a car with just Bugatti’s test and delivery miles.
Will the new Mercedes-Benz CLE be the last of this German luxury car maker’s gas-fueled coupes and convertibles? Based on the new C-Class chassis, the new CLE essentially replaces the somewhat larger E-Class coupe and Cabriolet and offers the promise of more athleticism than those cars. The CLE will cover a wide gamut in price and performance, starting at $65,000 for the base CLE300 coupe 4MATIC and going well beyond that with optioned-up versions of the six-cylinder CLE450 Cabriolet. Future AMG versions are sure to offer more power and excitement, for more money, of course.
What does $400 million buy today? It was enough to take home about 1,200 of the world’s finest collector cars offered at the 2023 Monterey auctions held from August 17-19. That was down from $475M in 2022, and the sell-through rate was lower, too. Just the same, some stellar automobiles traded hands in Monterey at auctions held by Bonhams, Broad Arrow, Gooding & Company, Mecum, and RM Sotheby’s. The top sale was a 1967 Ferrari 412P racecar for $30.2M at Bonhams, while a 1957 Jaguar XKSS, one of just 16 made, was #2 at just over $13M.
What better prelude to the 72nd Pebble Beach Concours d’ Elegance® than to buy a car (or few cars) from the auctions held in conjunction with this pinnacle event? If you’re bidding or selling, the action is at the auctions, of course. We’ve assembled the auction itinerary here and selected some highlights from the Bonhams, Broad Arrow, Gooding & Company, Mecum, and RM Sotheby’s sales.
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 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.
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.
The Mercedes SL has been that marque’s luxury-performance flagship for nearly 70 years, and the all-new 2022 Mercedes-AMG SL is the model’s seventh generation. The new SL has 2+2 seating, with all-wheel drive and a return to a soft top after two decades of retractable hardtops. Pricing starts at $137,400 and can zoom toward $200,000. If you’ve not looked at an SL in a while, this one deserves close inspection.