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.
Has inflation taken a bite out of the exotic car market? Premier Financial Services Midwest Regional Sales Manager Ross Dressel has seen a dip in activity in the $200K-$500K heart of that segment. But meanwhile, “affordable” pre-owned exotics and classics in the $75K-$200K range are getting more action for America’s #1 exotic and classic car lease financing provider. Who’s up? Who’s down? Read here to find out.
At the Geneva Motor Show in early March, the storied British marque unveiled its next hypercar, the AM-RB 003. It puts the “hyper” in hypercard, and is similar to the Valkyrie.
