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- All 4000+ Sales In July Analyzed 👀
All 4000+ Sales In July Analyzed 👀
PLUS: Exclusive Insights & Price Trends - Dive In!
Sam Gold
August 03, 2023
The Daily Vroom
Good morning Vroomers,
Today is what we fondly refer to as "chart day" in The Daily Vroom universe. I have been diligently crunching the numbers for July, yielding some fascinating insights and trends. To illustrate these findings, I have created a multitude of charts. Accompanying each chart is a brief (or sometimes lengthy) explanation to help you interpret what you're seeing. I truly hope you find this valuable.
But before we delve into the charts, let's kick off with our renowned Daily Vroom market leaderboard.
I hope you enjoy this analysis and I eagerly anticipate your feedback..
MARKET LEADERBOARD
For the second Day running and Autohunter are sticking (just) to the leaderboard. Congratulations to them!
Yesterday, Hemmings made an impressive comeback by selling 8 out of their 11 listings.
At the pinnacle of the table, Bring A Trailer had a phenomenal day, selling a whopping 89 cars with a total value of $4.6 million. Additionally, for the second time this week, Cars & Bids achieved an incredible 90% sell-through rate.
JULY SALES ANALYSIS
What a thrilling month July was for car auctions with close to 4000 vehicles being sold in online auctions.
Above is is a word cloud for all the car models in sold in July. The size of each word indicates its frequency; larger words represent models that appear more frequently in the sales in July.
Below are the top 10 most expensive sales of the month.
The crown jewel of the month was the 1961 Maserati 5000 GT Indianapolis Coupe by Allemano, with its unique charm and rich history, was the top sale of the month, fetching an impressive $1,030,000.
The 2021 Ford GT Carbon Series 🏁, a modern marvel with cutting-edge technology and a lightweight carbon-fiber body, sold for $976,000. Its predecessor, the 2019 Ford GT Carbon Series 🚀, wasn't far behind, selling for $958,000. These siblings are a testament to Ford's commitment to innovation.
The 1962 Ferrari 250 Gte (250 GT SWB California Spyder re-Creation) 🏎️, an iconic car with its powerful performance and timeless design, went for a notable $780,000.
The 1994 Porsche 911 Turbo S 3.6 Package 🚗 was a crowd favorite, selling for $800,964. This model is a true icon in the automotive world, and it's easy to see why with its powerful engine and timeless design.
For the data enthusiasts among you, the total dollar amount of vehicles sold across all platforms reached just over an impressive $164 million.
Furthermore, the average price of the vehicles sold exceeded $42,000.
Below are the average sale prices for the top 4 platforms. (in terms of cars sold)
Bring A Trailer: $49,315.31
Car & Classic: $26,221.84
Cars And Bids: $25,576.76
Collecting Cars: $54,841.05
These figures showcase the dynamic and thriving automotive market, with a wide range of vehicles being sold at various price points. This is what we’re now going to cover below.
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