MARKET LEADERBOARD

💰 The figures shared below don’t count any other sales such as car seats, memorabilia etc..

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

Looking at the leaderboard, it's clear that yesterday was an exceptional day, outperforming the usual. We had a full leaderboard, which is exciting! Honestly, if we had one more company, I'm not sure where we would have fit them in!

In total, vehicles worth just over $7 million were sold yesterday. To provide some context, most Mondays typically see sales ranging from $5.5 million to $6 million. It's worth noting that there were a few almost significant sales that could have pushed the total even higher.

For a breakdown of who sold what, I've compiled another table (below) that lists the companies in order of their dollar amount of vehicle sales. Interestingly there’s no that much difference from 2nd all the way to 7th!

Click on the image to be taken directly to the listing.

2011 Porsche 911 GT2 RS $705,000

1991 Lamborghini Diablo $250,000

1973 Porsche 911S Coupe $218,000

2015 Jaguar F-Type Project 7 $210,000

1989 Ferrari Testarossa $191,000

After an intriguing conversation I had yesterday about Cars & Bids and their approach to selling 'older' cars, my curiosity was piqued about the range of vehicle years that Bring a Trailer tends to sell. This led me to delve into an analysis of over 6,000 car sales, focusing on the distinction between classic and modern vehicles based on different criteria.

Initially, I set out to define classic cars as those that are 25 years or older, which means any car from 1997 or earlier. The analysis of Bring a Trailer's sales data revealed some interesting patterns. Classic cars, by this definition, represent a significant portion of the sales, indicating a robust market for vehicles from this era.

However, inspired by the Cars & Bids definition, I adjusted the parameters to consider cars from before 1980 as classics. This change in criteria brought to light a starkly different landscape. The proportion of classic versus modern vehicle sales shifted dramatically, underscoring how the definition of 'classic' can influence market trends.

So, I've been eyeballing these auction stats for months, right? I totally thought Bring a Trailer was all about the newer, shiny stuff - like cars from the 2000s and beyond. Turns out, when you count 'modern' as cars from the 1980s onwards, that's when you see they've actually been selling more of these so-called modern rides than the classic ones. But can we really call cars from the 80s 'modern'? I mean, sure, the 80s doesn't feel all that long ago (feels like just yesterday, to be honest!), but we're talking 40+ years back! It's messing with my head, seriously. The whole thing's a bit of a mind bender!

Anyways, in summary to my initial question what does BaT sell more of, the answer is dependent on what your definition of a classic and modern car is.

The only clear answer we can have is what are the most popular years BaT sell- this doesn’t give us the overall trend, but it does point us to the fact that 2006/2007 were the most popular years sold in the last 2 months.

Today's flip is a real eye-opener. We've got a 2023 Dodge Charger SRT Hellcat Widebody King Daytona that just got sold for $124,000. Now, that's over its MSRP of $102,000, but here's the thing - it's not by a crazy amount, especially compared to what we were seeing just 4 or 5 months back. So yeah, flips are still happening daily, but I'm definitely noticing the market cooling down a bit for cars that aren't super special.

This Hellcat's a pretty sweet ride, though. Go Mango paint, matte black 'King Daytona' graphics, and only 18 miles on the clock! It's got a supercharged 6.2-liter V8, a bunch of fancy features like a sunroof, heated seats, and a killer Harman Kardon sound system. But still, it's interesting how the flipping game is changing, even for a beast like this.

Hey everyone, there's a ton of car auctions going down every day – it's impossible to keep tabs on all of them, right? But don't sweat it, I've picked out a few cool ones that might've flown under your radar. Just give a click on the pictures, and you'll zoom straight to the auction details. Don't miss out!