Why This BMW M3 is the Day's Top Pick!

PLUS: Navigating Market Realities: A Candid Look at Seller Expectation

The Daily Vroom

Good morning, Vroomers!

Today we’re gonna skip the chit-chat and get right into the numbers!

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+ cars in the chart below. Which means Hagerty, Hemmings and many others did not sell 5 vehicles yesterday!

Big Brands, Big Misses: Why They're Not Hitting Our Leaderboard

You know what's a real head-scratcher? Seeing these huge car auction brands not even coming close to our leaderboard. Yeah, we could talk about the lack of inventory, mismatched cars, or the eye-twitch-inducing bad user experience. But honestly, when you strip it down, it's all about the folks in the corner offices making the calls—or, as it seems, not making the right ones.

Take Hemmings, Hagerty, and Sotheby's Motorsport, for example. These are not just names; they're institutions in the car world. And yet, they're missing the mark. You'd think with their resources and reputation, they'd be nailing it, right? Wrong.

And let's not leave out Marqued, a venture of Porsche Digital, Inc. They should be the go-to spot for the finest Porsches on the planet, but guess what? They've taken so many wrong turns it's like they're driving with a busted GPS. And who's at the wheel for all these misadventures? You got it—management.

It's like this: you can have the best drivers (a.k.a. the cars), the most passionate fans (the buyers), and the most iconic tracks (the platforms). But if the team principal (yeah, that's management) isn't making the right calls, you're not winning the race, let alone making it to our leaderboard.

So, dear big brands, I really want you to succeed, but it's time for a pit stop. Rethink your strategy, tune up your management, and maybe, just maybe, you'll start giving those leaderboard spots a real run for their money.

YESTERDAY’S TOP 5 SALES

Just click on the image, and boom, you're right at the listing.

2023 PORSCHE 911 (992) GT3 RS $364,600

2014 Ferrari 458 Spider $290,000

2021 FERRARI ROMA $208,500

2001 BMW Z8 $205,000

2002 Acura NSX-T 6-Speed $171,000

Nearly Sale of The Day

This 2023 Aston Martin DBX 707 didn't quite charm the auction block with a final bid of $175,000. While some whisper about a softening market, as a die-hard numbers guy, I see it differently. It's not the whole market taking a dip; it's specific models feeling the chill. The DBX 707 is on that list. The last one that was listed on Cars & Bids was scooped up for $204k with similar miles. But this beaut? It didn't hit that sweet spot.

Stickered at a cool $267k, this DBX 707 is luxury on wheels. But the reserve? Seemingly a stretch too far, leaving the seller silent post-auction. Tough to stomach when your wallet and your heart don't see eye to eye.

Now, about the car. It's not just any SUV. It's an Aston Martin, draped in Magnetic Silver Metallic, flaunting a twin-turbo 4.0-liter V8, and a nine-speed that turns driving into an art form. It's got the looks, the power, and an interior that's a nod to sheer opulence – think Centenary Saddle Tan Leather, climate control on another level, and tech that keeps you connected to the world, or shuts it out, as you like.

But here's the real talk. With a bunch of these DBX 707s out there and not enough takers, it's clear as day – this model's on the fast lane to depreciation city, a reality some owners aren't too thrilled about.

And get this – another DBX 707 is queuing up for auction on BaT, flaunting a higher $288k sticker. Will it sell? I’m sure the seller of this one will be watching closely.

Coincidentally, it's just around the corner from my office. Might just swing by for a closer look.

So, while this Aston Martin is every bit the masterpiece it promises to be, it's also a reality check. Even the grandest of wheels don't roll past market trends. As for the DBX 707, it's a tale of grandeur, performance, and a market that's playing hard to get. Who knows? Maybe the next one up for grabs will flip the script.

Hidden Buy of The Day

Boldly embracing the road with 200k miles on the odometer, this 1998 BMW M3 Coupe that just sold for $11,800 is the epitome of a hidden gem in today's market. Sure, that mileage might raise eyebrows, but let's dive deep and uncover why this ride is a stellar buy for the right buyer.

First off, it's a classic. The E36 M3 is a 90s icon, renowned for its punchy 6-cylinder engine and a raw, analog driving feel that's becoming a rarity. This particular M3, with its 5-speed manual transmission and iconic "Vader" sport seats, is a nod to a golden era of performance cars.

Secondly, this isn't just any high-mileage car; it's been soaking up the California sun since 2002, which speaks volumes about its maintenance and overall condition. Cali cars are known for their pampered lives away from harsh winters and salted roads.

But it's not just about where it's lived; it's about how it's been treated. This M3 comes mostly unmodified, a rarity in a world where these models are often heavily customized. The few tweaks it does have, like the Sony head unit and tinted fog lights, don't stray far from its original glory.

Plus, let's talk about the recent TLC it's received. The seller hasn't skimped on upkeep, addressing everything from ignition coils to the window motor. This level of attention signals a car that's been respected and maintained, not just driven.

Now, let's get real about the elephant in the room – the mileage. I know, 200k sounds daunting. But for an enthusiast who knows the M3's worth and has an eye for quality, this car is a golden opportunity. It's a chance to own a piece of automotive history, a car that's been loved and is ready for more adventures.

The seller has done a commendable job keeping this beauty in shape, and it's evident in every detail, from the well-kept Nappa leather to the meticulously maintained engine.

So yeah, high mileage might scare off some, but for those in the know, it's a badge of honor. A testament to a car that's been driven, enjoyed, and still has plenty of life left to give.

Stay tuned, because I've got more insights on great buys in the current market coming your way. But for now, let's not overlook gems like this '98 M3. Sometimes, the real treasures are hiding in plain sight, and they're just waiting for the right person to turn the key and start the next chapter.

Daily Auction Spotlight

Today, we're showcasing a diverse collection of budget-friendly cars available for auction, all concluding today except for the initial one (which is so well presented!). Each vehicle originates from a distinct website, offering a wide variety of options to suit various preferences. Click on the car name under the picture to take you directly to the auction.

1985 Mercedes-Benz 380SE, immaculate, low miles, Burgundy luxury.

2013 Mini Cooper JCW Coupe, turbocharged thrill in blue.

1940 Chevrolet Master Deluxe, sleek design, powerful 350 engine.

1964 Chevrolet C10 Stepside, vintage allure, pristine condition.

2008 Mercedes-Benz E63 AMG, first-owner, Obsidian Black elegance.

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