Porsche 911 & McLaren P1 Auction Drama!

PLUS: One of the best E320 that I nearly missed! 🔥

The Daily Vroom

Good morning, Vroomers!

Today we’re gonna skip the chit-chat and get right into the numbers!

MARKET LEADERBOARD

💰 The figures shared below don’t count any other sales such as car seats, memorabilia etc… All online auction sites are analyzed to put this leaderboard together.

I only include websites that have sold 5+ cars in the chart below. Which means Hagerty and many others did not sell 5 vehicles yesterday!

Yesterday's auction results came roaring in like a thunderstorm, setting an all-time high for a Monday this year, with over $6 million in sales! Mondays are typically the slower days in the auction world, but this one was anything but typical. It could have been an even bigger blowout if that elusive $1m+ McLaren and the '94 Porsche had found their new homes.

And talk about perfect timing – with the skies opening up here in California, nobody dared to step outside. What better way to spend a stormy day than being glued to your screen, watching those incredible auctions unfold? It's like the rain was just nature's way of saying, "Stay in, tune in, and watch the bids soar

YESTERDAY’S TOP 5 SALES

Just click on the image, and boom, you're right at the listing.

2019 Porsche 911 Speedster $425,000

2019 Porsche 911 Speedster $391,000

1957 Dual-Ghia Convertible $385,000

1967 Porsche 911S Emory Outlaw $310,000

1992 Porsche 964 Carrera RS 3.8L $199,964

Why This 2014 McLaren P1 Didn’t Sell

Diving into the recent auction for the 2014 McLaren P1, we witnessed a spectacle that ended without a sale, despite a final bid that hit the mark of the car's market value at a cool $1.6 million. The real headline here isn't just about the numbers; it's about the seller's firm stance. Choosing not to let go of their prized asset, the seller demonstrated a bold resolve, reminding us that sometimes, it's not just about the money.

What's captivating is the level of trust and enthusiasm in the online auction sphere. Imagine, six bidders were ready to cross the million-dollar threshold, a scene virtually unimaginable a few years back. This shift isn't just about the evolving digital era; it's a nod to the transparency and reliability of platforms that now bridge the gap between seeing and believing. High-quality visuals and detailed information have paved the way for confidence in placing hefty bets, all from behind a screen.

As the dust settles post-auction, will there be a deal? Was the highest bid even close to the price the seller had in mind? At the moment it’s all very unclear as the seller has yet to comment post-auction. One thing is clear that BaT will not be getting a fee for this one, regardless of the sale that might happen post auction.

Wrapping up, this isn't just a story about an unsold McLaren P1. It's a spotlight on the evolving dynamics where market value is just a part of the equation. For high-end collectibles like this, the seller's prerogative takes center stage, often overshadowing conventional market metrics. In these realms, the luxury of holding onto a prized asset until the right moment or offer comes along is the ultimate power play, firmly establishing that in certain echelons of the market, the seller's will is what truly defines the game.

Do you believe the seller made the right decision by not accepting the offered price?

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I really wasn’t going to feature any further cars today as I tend to pick and choose when it comes to spotlighting cars, but this 1994 Porsche 911 Turbo S 3.6 'Package' pulled me in, and I just can't help but lay down my two cents. Seeing it not sell at yesterday's auction for $990,000 got me thinking – this isn't just any car that passed through the auction block; it's a rare breed that demands attention.

Let's talk comparisons for a sec. Back in December '22, a similar gem clocked in a sale at a whopping $1,265,000. That one had its odometer a tad lighter, boasting 8k miles against this one's 14k. So, when you stack them side by side, the numbers were close, sparking whispers of a potential deal post-auction.

But why all the fuss about this car? Imagine this: you're looking at one of only 17 'Package' cars rolled out in '94. It's the pinnacle of the air-cooled, RWD, 911s. This isn't just a car; it's a masterpiece on wheels. With its unique single turbo, 5-speed setup, floor-mounted pedals, and that iconic gas cap on the left fender, it's nothing short of automotive poetry. Dubbed by many as the quintessential Porsche, it's the kind of car that makes you stop and stare.

So here's the deal: this Porsche's rarity and the sheer perfection of its make are why I believe, if the reserve is just right, we'll be seeing this beauty making headlines again soon. It's not just about finding a buyer; it's about finding the right buyer – someone who understands the exclusivity and the legacy of such a masterpiece. The market's pulse might seem low to some, but for cars like this, it's always beating strong. My gut says the magic number hovers around $1.1m.

In essence, this '94 Porsche 911 Turbo S 3.6 'Package' isn't just another car that didn't sell – it's a silent promise of what's to come. Awaiting the right moment, the right buyer, and the right deal to seal its fate as a legend among legends.

Hidden Buy of The Day

In a thrilling end to the auction at Cars & Bids, this 2009 Dodge Viper ACR with a striking Viper Very Orange Pearl finish just changed hands for a whopping $116,000. This sale not only set a new online record for the model but also struck a perfect balance, pleasing both buyer and seller.

From the seller's perspective, the deal was a jackpot. They managed to outdo the previous high of $96,500 by a significant margin, all for a car that's clocked just a bit less mileage but packs the same punch. On the flip side, the buyer has every reason to grin. Snagging a Viper ACR, especially one decked out with an aero kit, revised chassis, and a treasure trove of special equipment, is no small feat. The cherry on top? This Viper's future seems as bright as its paint job. Parked in the new owner's 'barn,' it's not just a car; it's an investment poised to appreciate.

Peeking under the hood, this 2009 Dodge Viper ACR isn't just about looks. With a beastly 8.4-Liter V10 and a slick 6-Speed Manual, it promises raw, unadulterated power. The odometer? A mere ~6,900 miles, making it a fresh catch. This Viper isn't just a ride; it's a collector's dream, blending top-notch performance with undeniable charisma. Hopefully the new buyer will enjoy it for a few miles before putting it away.

So, while the new owner basks in the glory of their latest acquisition, the seller can pat themselves on the back for a record-breaking sale. It's clear as day; this Viper ACR is much more than a fast car - it's a testament to savvy dealing and the enduring allure of an automotive icon.

Daily Auction Spotlight

Today, I wanted to mix things up and highlight just one special car that is not a one of the many high priced cars for sale. Although some gems inevitably slip through the cracks with the sheer volume of listings, this 1994 Mercedes-Benz E320 Cabriolet in Imperial Red is one you don't want to miss. I've laid eyes on many, but none match the pristine beauty of this low-mileage marvel. (even if red isn’t your ideal color). It's not just the car itself that's exceptional—the seller has gone above and beyond, showcasing the vehicle with over 345+ photos, ensuring every inch is presented in the best possible light.

What sets this deal apart is the seller's extraordinary commitment. Amidst questions about the harness, the seller steps up, offering a brand-new OEM correct harness at absolutely no cost. This move is a class act, going beyond what's required and cementing the seller's reputation for excellence.

But there's more—a testament to this car's allure is the involvement of other well-respected sellers on the platform. When they start chiming in with valuable insights and answers in the comments section, it's clear we're dealing with something special. In this case, not just one, but two notable sellers contributed their thoughts, further elevating the car's standing.

As of Monday night, the bid stands impressively at $20,570, already surpassing its regional sale price on BaT from five years ago. And with the clock ticking down, I predict a flurry of activity as this auction nears its end. This isn't just a car; it's a one-off treasure waiting to be claimed.

With its striking Imperial Red paint job, luxurious Creme Beige Leather upholstery, and a host of top-notch features, this 33k-Mile 1994 Mercedes-Benz E320 Cabriolet isn't just a ride—it's a statement. Whether you're behind the wheel or admiring from afar, this car promises not just a journey, but an experience. The end of this auction today should be a fun one to watch.

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