The Daily Vroom

Welcome to the Thursday edition of The Daily Vroom, your one-stop-shop for collector and modern car online auction news, trends, and insights. 

Yesterday's email was a 6-7 minute read, so I've shortened today's to around 4-5 minutes 🥳

Here's what we've got for you today:

• Mercedes-Benz AMG sales trends - we even dive deep into colors

• Ringbrothers Fastback up for auction - it's a no reserve

• Selling/buying a car is not always smooth sailing - what could happen

• Great Volvo ad

MERCEDES-BENZ AMG SALES

In the months of February and March, a total of 120 AMG vehicles were sold, with the bulk of sales occurring on the online platforms of Cars & Bids, Collecting Cars, and Bring A Trailer. 

A detailed breakdown of sales figures is presented in the table below, with prices from Collecting Cars converted to dollars based on the current exchange rate.

Once again, we can see that the average price of an AMG sale is hugely different on Bring A Trailer and Collecting Cars Vs Cars & Bids. For those of you new to our newsletter, please go back and read the deep dive into Cars & Bids.

Whilst I analyse every detail about all cars, I've always wondered does the color of a car make a significant variant to the sale price of a car. So whilst I was analysing these AMG sales, I also analysed all the colors. Here's what I found. While color does not generally appear to significantly impact the price of AMG cars, it is worth noting that the top two best-selling vehicles were both of an orange/copper hue.

The distribution of AMG sales across other primary colors is provided in the following breakdown of the 120 sales.

Gray 19

Black 38

White 14

Silver 27

Below you can see which models are the top selling and the prices they were sold at:

UNIQUE & SPECIAL CARS UP FOR AUCTION

No Reserve: Ringbrothers 1967 Ford Mustang Fastback 5-Speed

History:

• The 1967 Ford Mustang Fastback was modified by Ringbrothers of Spring Green, Wisconsin under previous ownership and was acquired by the current owner on BaT in August 2020.

• During the initial 2007 project, the car was disassembled and media blasted.

• The body was customized with shaved drip rails and door handles and a raised dorsal line along the length of the car.

• The car features custom carbon fiber hood and trunk panels, ground effects, and billet accents.

Features:

• The car is finished in Glasurit Copper Burnt Orange Metallic, with dark gray on the hood, air dam, side skirts, and rear spoiler.

• It has a fuel-injected Roush Performance 427ci V8 engine and a Tremec five-speed manual transmission.

• The chassis features a four-link rear suspension, Ridetech adjustable coilovers, Baer four-wheel disc brakes, and a Currie 9-inch rear axle with a limited-slip differential.

• It has three-piece 19” iForged wheels with Michelin Pilot Sport tires, and a custom brown and black leather interior.

• The car also features custom carbon fiber and aluminum accents throughout the cabin and a surround-sound system.

Other details:

• The current bid for the car is $156,000, although that may be different when you're looking now!!

• The car has a clean California title and is being offered on dealer consignment at no reserve.

• The odometer shows 195 miles, approximately 40 of which were added under current ownership.

1965 ROLLS-ROYCE Silver Cloud III

History:

• Rolls-Royce offered the first V8 in a long time with the Silver Cloud II

• Silver Cloud III modernized the offering with improvements to the V8 and distinctive styling

• Available in various body styles including coach-built coupes

• Last Rolls-Royce to be offered with a body-on-frame structure

• More attainable than other classic Rolls-Royce cars, still one of the best ways to own a Rolls-Royce and experience the pinnacle of classy motoring

Features:

• White exterior with H.J. Mulliner, Park Ward Ltd. styling

• Odometer reads just over 40,000 miles

• Black interior complements the understated approach to classy motoring

• LHD for top-drawer product from across the Atlantic

• Quad headlamps and further differentiated styling of coupe versions

• Combination of wood and leather upholstery complements the simplicity of the white exterior

• Aged well both on the outside and inside with some rough edges

• Body-on-frame architecture with upgraded V8 engine

Other Details:

• Out of 328 total coachbuilt units produced, roughly 100 are Mulliner Park Ward examples

• On sale from 1962 to 1966 and benefited from different styling and improved mechanicals

• No-reserve auction with estimated price between $50,000 and $80,000

• Neglected by classic car market until now

• Opportunity to own a momentous car for Rolls-Royce and get a lot of car for the money!

Some facts about selling cars in online auctions that you might not be aware of, are brought up with this listing. Looking through all the pictures, videos, and written content, it seems like this is a good deal, but is it?

Title - Let's look at the title. It's in transit. What does that mean? It means they've most likely applied for a new one, and it could take months to get it. So if you're looking to export the vehicle, you're going to have to wait. How long? It's like asking how long a piece of string is.

Starting the car - Apparently, the car does NOT start, but the motor does turn. There could be a number of reasons why this is happening.

Storage - The car is currently being held in a storage facility. If you're the winner of this auction, you have one week to get it out, or you'll have to start paying storage costs.

But what if you want to export? You can't do that until the title arrives.

But what if you want to start the car? You'll need to get a mechanic over to it as soon as possible.

With all that being said, this NO RESERVE auction still might be a good deal at the right price.

But as a buyer, you ALWAYS need to be aware of any such issues.

I'm not picking on this particular auction house, as these types of issues happen with every single platform.

What you don't see are issues like this, or other such problems:

• The seller decides he doesn't want to sell after the auction.

• The buyer could pull out and then claim his fee back from his credit card company (happens more frequently than you imagine)

• The buyer wants to pay less, etc. etc..

All auction websites deal with these problems and more on a DAILY basis. As a buyer always always read the terms of the sale on each listing and don't be shy to ask even the most basic questions. If you don't get the answers you want, then don't bid.

VROOMY OLD ADS

After sharing an old ad yesterday, here's another good one that brought a 😀 to my face.

PLEASE Spread the word and share the love of all things automotive by forwarding this newsletter to your fellow car enthusiasts! Let's keep the conversation going and make sure everyone gets in on the action. Here's a direct link they can subscribe.