Yesterday marked a notable day in the car auction world with over 150 vehicles sold, totaling more than $7 million in sales.

Bring A Trailer maintained its momentum with an impressive $4.5 million worth of sales, reflecting its consistent performance in the market.

Cars & Bids had a promising day, achieving $1.3 million in sales. With an average sale price just under $57,000, it showcases a strong focus on value.

Meanwhile, Car & Classic in the UK 🇬🇧 demonstrated an intriguing contrast. Despite selling a similar number of cars to Cars & Bids, they netted $300,000 with an average sale price of $14,000. This serves as a compelling reminder that the number of cars sold doesn't always paint the full picture of a platform's success or strategy.

This snapshot underscores the multifaceted nature of the industry and why a deeper analysis can reveal more nuanced insights.

1973 Ferrari Dino 246 GTS $330,000

🏎️ The Porsche 906: A Legend in Racing History!

Yesterday, I took a deep dive into the world of the Porsche 906, also known as the Carrera 6, and I'm still reeling from the thrill! Introduced in 1966 as the worthy successor to the Porsche 904, this model didn't just enter the racing world; it dominated it. With a mere 50 examples ever built, the 906 has not only etched its name into motorsport history but also into the hearts of car enthusiasts everywhere.

🔨 The Auction that Left Everyone Hanging: The online auction concluded in a surprising twist – without a sale! Yes, despite reaching an astonishing highest bid of $2 million and grabbing the attention of over 52,000 viewers, this iconic car didn't find a new home.

🤔 Why No Sale? Here's My Take: The world of online car auctions never fails to astound, with people willing to bid and buy at mind-blowing prices. However, this particular non-sale didn't quite shock me. Another '66 Porsche 906 is out there in the physical auction world, flaunting a reserve of $2.2 to $2.5 million. Could the seller have been targeting a figure in this ballpark? It's a possibility.

Some speculate that the seller might have been using BaT to test the waters, with an eye on a physical auction house. But would the high fees and hassles of a physical auction really be worth it, unless the price was close to $2.5 million? I have my doubts.

🧩 A Glimpse into the Auction Dynamics: This intriguing case opens a window into the complex dynamics of online versus traditional auctions. It highlights the strategic decisions that come into play, especially when dealing with high-end, rare vehicles like the Porsche 906.

In the end, the story of this auction adds yet another layer to the mystique of the Porsche 906, a car that continues to inspire awe and curiosity.

A Rare Gem - 1973 Ferrari Dino 246 GTS - $330,000 at Bonhams Online!

The 1973 Ferrari Dino 246 GTS is a masterpiece that combines elegance, rarity, and raw power. This particular vehicle, sold at Bonhams Online for $330,000, is a vanishingly rare specimen and a piece of automobile history. Congrats Bonhams Online 👏.

🎨 A Unique Color and Heritage One of just 254 RHD models ever manufactured and among only 9 delivered to the UK in the breathtaking ‘Verde Germoglio’ livery, this Dino stands out in every sense. Owned and cherished by a father and son for 37 incredible years, it's been part of two prestigious collections in the UK. The car has never been restored, retaining its original color specifications inside and out, and is probably unique in its condition.

🏁 An Icon Born from Racing The Dino was born from the need for a production-based engine for the new Formula 2 in 1967. Building on the success of the Dino 206S sports-racer, Ferrari retained the mid-engined layout for the road car. Named after Enzo Ferrari's late son Alfredino, the Dino was a compact, Pininfarina-styled coupe powered by a thrilling 2.0-liter, four-cam V6.

🚀 The Evolution to the 246 GTS The Dino evolved into the 246 GT in late 1969, with a 2.4-liter engine and steel body. The bigger engine's 195bhp compensated for the weight gain, propelling this nimble vehicle to impressive speeds. The Targa-top 246 GTS version was introduced in 1972 and quickly became a favorite among enthusiasts for its ability to outmaneuver larger V12-engine cars over twisty terrains.

🎖️ Praise from the Experts American magazine Road & Track praised the Dino's handling and braking in 1972, stating, "The steering is quick... and it transmits exactly what is going on at the tyres. Thanks to the layout's low polar moment of inertia the car responds instantly to it."

🎉 A Landmark Ferrari As the first series-produced, mid-engined Ferraris, the early Dino V6s are considered landmark cars. By the time production ceased in 1974, only 2,487 GT Coupés and 1,274 GT Spyders had left the factory.

🌟 Today's Highlight The Dino 246 GT Spyder sold today is more than just a car; it's a symbol of Italian craftsmanship, racing heritage, and a timeless beauty that transcends generations.

Interestingly, Bonhams | Online quoted on the listing, stating, "We're confident to offer this car for auction with an estimate of £275,000 - £300,000." Yet, it sold for £260,000. Let's delve into the recent sales to see where this selling price stands.

The first thing that catches my eye is that it's the lowest online price sold. Another low price was recorded in September 2022 from a sale on Collecting Cars. Could this be indicating a trend? It seems that UK sale prices might be significantly lower than those in the US. Is there a geographical influence on the value of this classic beauty?

Today I’m keeping it more of the cars and less of the charts (for one day). Below you can see what cars your favorite website sold yesterday.