Monterey Car Week

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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.

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The going rate for a Ford GT is about $1.2M-$1.5M, or nearly three times the GT’s original $447,000 MSRP (before options). Barrett-Jackson’s top sale in Scottsdale was $1.485M for a 2017 GT with just 141 miles. A ’17 Ford GT in ’66 Heritage livery was the top sale at Barrett-Jackson’s Las Vegas auction in October 2019. It sold for $1.54M.

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Pebble Beach Concours d’Elegance is where the finest classic automobiles from around the world are judged and recognized for their style and technical merit. Forbes magazine used the insights that we provided on the judging process for this article.

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The Ferrari 275 GTS was positioned as the more comfortable everyday driver. Its interior appointments were a bit more luxurious, with fully adjustable and more accommodating bucket seats, plus more luggage space. The 275 GTS that sold at the Mecum Monterey auctioned for $1.1m (pre-sale estimate was $1.1m-$1.4m).

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While hundreds of millions of dollars’ worth of collector cars once again changed hands at the world-renowned 2019 Monterey Car Week auctions, preliminary sale totals were reported by Hagerty Insurance and Larry Edsall of ClassicCars.com on Saturday, August 18th at $245.5 million.

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Gooding & Company is offering one of Vignale’s finest designs from that time, a 1952 Ferrari 212 Inter, one of only 80. At the time, this meant Ferrari has produced 180 cars. Total. This 212 Inter pre-sale estimate is $1.7m-$2m.

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The DB AR1 was a well thought-out machine, with big Brembo brakes featuring racing-style grooved discs, and four-piston calipers and the booster from a V12 Vanquish. There’s a limited-slip differential, and unique multi-spoke 19-inch alloy wheels use a revised offset to give a wider track.

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Certainly one of the most beautiful Brewster bodies on the Phantom I was the Ascot Tourer, of which 28 were made. This was a dashing five-passenger open car with flowing fenders more characteristic of the 1930s models to come.

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Formerly called Exotics on Cannery Row, Exotics on Broadway will take place this year on Broadway Avenue in nearby Seaside, California and stands as the premier exotic-car gathering and one of the fastest-growing events of Monterey Car Week.

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