The Gooding & Company Amelia Island Auction is always comfortable, casual, fun and yet classy. See which Ferrari’s and Porsche’s stood out to industry professionals this year.
We’ve learned a few things over the past 20 years about how to buy exotic, vintage and luxury cars, whether they’re new or previously owned. So we’ve created a 5-part series to pass that information along to serious car enthusiasts like you. Part 3 in our series tells you everything you need to know about buying and selling at auction.
Celebrating its 25th anniversary, the Amelia Island Concours d’Elegance in Florida stands as one of the finest collector-car events in North America. This year, auction houses include RM Sotheby’s, Gooding & Company and Bonhams, plus plenty of events from the Concours D’Elegance and Porsche Club of America.
In a few weeks at the Amelia Island Concours d’ Elegance, Gooding & Company’s auction will offer a 75,000-mile 1994 BMW 850CSi in the stunning shade Hellrot (German for light red). Pre-sale estimates put this car between $90,000-$110,000, approximately the same price as when the car was new.
Ford vs Ferrari’s racecar sports hero Carroll Shelby is know for beating the racing establishment with simpler, less expensive and sometimes cruder machinery. He got his racing start driving other peoples’ cars and went on to build a business empire that has continued and grown beyond his death.
Built in Italy and powered by German Mercedes-AMG engines, Paganis have set high benchmarks for bespoke engineering and innovative materials. At RM Sotheby’s Arizona sale last month, a 2018 Huayra Roadster, one of 100 made, sold for just under $2.4M, which was the starting price when new.
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.
A 1969 ZL1 Camaro sold at the Scottsdale Auctions for a whopping $1.094 million on the Barrett-Jackson stage. The ZL1 was an all-out performance package that also included heavy-duty suspension and drivetrain components.
Mercedes made only 65 Mercedes-AMG G65 Final Edition for global consumption, with 30 coming to the US. This past week, Gooding & Company sold one at its Scottsdale auction for $240k. The pre-sale estimate was $250k-$300k for an essentially new vehicle with just 150 miles.
