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Could This '95 Ferrari 456 GT Be the Week’s Best Deal?

PLUS: Was this '55 Lancia sale a good price?

The Daily Vroom

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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+ vehicles in the chart below.

So yesterday was a bit of an uptick - we saw $6.3m in sales. But here's what's caught my eye this week: none of the 'second-tier platforms' have managed to crack the leaderboard. Now, I get it - some platforms aren't going for quantity, they're aiming to consistently move those higher-end rides. Fair enough, they're not gonna hit the leaderboard when they're only listing a handful of vehicles each day.

But then you've got Hemmings and PCarMarket. These guys are pushing out 10+ listings daily, and still? Nada. Not a peep on the leaderboard.

And don't get me started on Hagerty. These folks should know the market inside and out, right? Yet they're only listing 3 vehicles a day. What's their angle here? Your guess is as good as mine. It's like they're playing a whole different game, and I can't figure out the rules.

YESTERDAY’S TOP 5 SALES

For today's analysis, we've taken a slightly different approach. I'll be presenting my perspective on the top 5 sales, supported by the underlying data. This method combines qualitative insights with quantitative information, offering a comprehensive view of the market trends.

Want to dive deeper into any of these listings? Just click on the car to take you directly to the listing. Trust me, some of these are worth a closer look.

1955 Lancia Aurelia B24S Spider America $755,000

I've been eyeing the comments on this Lancia auction, and boy, there's a lot of chatter about this beauty being worth seven figures. But let's pump the brakes for a second and look at the bigger picture.

When we dive into the sales history, something interesting pops up. Those eye-watering seven-figure sales? They haven't happened in the online auction world - at least not yet. Now, don't get me wrong, we've seen some hefty seven-figure bids in the past, but that was years ago. Interestingly, those high bids actually led some folks to think the market had cooled off back then. (There's a comment on a previous YMM listing that touches on this - I'll drop it below for you to chew on.)

So, here's the million-dollar question (pun intended): Where's the Lancia market heading in the next 5-10 years?

2024 Porsche 911 Turbo S $280,000

Few examples of this model have been listed, and even fewer have been sold. However, this one from SOMO stands out as the highest price achieved online for this model.

2018 Porsche 911 GT3 6-Speed $219,050

Interestingly, this car was originally sold in October 2023 for $220k. Since then, another 2,000 miles have been added, and the seller has essentially broken even, minus a few fees. The seller claims he bought a 964 Turbo, his dream car, after this and couldn't manage both cars.

1956 Porsche 356A Sunroof Coupe $160,000

This beauty was bought at a live auction back in 2020 for $142,800. So really, $160k is a pretty good price, especially since it's probably got some extra miles on the odometer by now. Not a bad deal at all, if you ask me.

2008 Porsche 911 (997) GT3 RS $131,200

As we discussed this week, not every car appreciates, and this one hasn't fared so well. Considering this was a European sale, that factor may have influenced the final sale price.

Potential Bargain of the Day: 1995 Ferrari 456 GT

We might have a sleeper hit on our hands here. This '95 Ferrari 456 GT is packing way more punch than its understated looks suggest. We're talking a V12 engine, a gated 6-speed manual (the holy grail for many enthusiasts), and a driving experience that'll put a grin on your face wider than the car's front grille.

Now, I'll be straight with you - it's got some quirks. There's a salvage title in its history that's raising a few eyebrows, and it needs a bit of TLC here and there. The passenger door's being stubborn, there are a few cosmetic issues, and that suspension light on the dash isn't just for show.

But consider this - all these "character traits" might just scare off the big spenders, leaving the door wide open for a savvy buyer to snag an incredible deal. With the right amount of love (and maybe a bit of elbow grease), you could be cruising in a V12 Ferrari for a fraction of what you'd pay for its more famous siblings.

Currently sitting at $38,000 with a few hrs left on the clock. Will someone take a gamble on this green machine? I'll be watching this one closely.

Platform Highs and Lows: Rare Porsches, Robots, and Rising Alfas

Yesterday, SBX experienced a challenging day with their auctions concluding without any sales. Today, they're presenting two exceptionally rare items. The first is a 1960 Porsche 356B 1600 GS Carrera GT, an extremely rare model that's likely to command a premium price. At the time of writing, the current bid appears to be well below the expected threshold, though surprises can occur. This auction represents their best opportunity for a successful sale this week, particularly when considering the nature of the second offering.

The other auction wrapping up today is for a 2023 Tsubame Industries Archax Robot. I'll be honest - I know absolutely nothing about this thing. My guess? It's probably some multi-million dollar robot. Look, SBX can auction off whatever they want, but if you ask me, they'd be better off mastering the car market before diving into the world of expensive toys. Just my two cents.

Meanwhile, BaT's "Make a Final Offer" feature is showing promising results. A 1959 Alfa Romeo Giulietta Sprint 5-Speed, initially bid to $51,000, was slightly undervalued compared to similar sales. The counter-offer process resulted in a final sale price of $68,000, representing a 33% increase. This not only secured a fair market value for the seller but also generated additional commission for BaT that might have otherwise been unrealized.

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