๐Ÿ‘€ Hemmings Surprise & AMG Bargain

PLUS: Land Rover Defender & BMW M3 Coupe September Sales Analyzed

The Daily Vroom

Hey Vroomers! ๐Ÿš—๐Ÿ’จ

It's 12:23am in sunny (well, not right now) Los Angeles. While the city sleeps, I'm here weaving together today's newsletter. Delving into some cars I absolutely adore has truly been a labor of love. I'm uncovering facts and insights that even took me by surprise. Hope you enjoy today's edition as much as I enjoyed putting it together.

Hereโ€™s what Iโ€™ve got for you.

๐Ÿ“ˆ The Market Leaderboard - We have a surprise I didnโ€™t expect!

๐Ÿ’ฐ Top 5 Sales Of The Day - Including an F150 with less than 10k views ๐Ÿ‘€

๐Ÿš— Auction Of The Day - Ending today, and bids already โšก๏ธ

๐Ÿš€ Sales Of The Day - Two very different but stunning cars

๐Ÿคฟ Deep dive into Septemberโ€™s Sales - BMW M3 Coupe & Land Rover Defender sales analyzed

MARKET LEADERBOARD

๐Ÿ’ฐ The figures shared below donโ€™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, PCarMarket and many others did not sell 5+ cars yesterday!

Yesterday was a whirlwind in the online auction scene. We witnessed the highest number of cars sold this week, although the cumulative value didn't break any records, amounting to 'merely' over $6 million.

The day's unexpected twist? Hemmings, for the first time in memory, hit double-digit sales! But let's temper our enthusiasm โ€” the combined worth of those cars stood at $135K. Not exactly a jackpot, but hey, every sale counts! ๐Ÿ˜Š๐Ÿš—

TOP 5 SALES OF THE DAY

By clicking on the image it will take you directly to the auction.

AUCTION OF THE DAY

2023 Lamborghini Huracan STO is a BEAST! ๐Ÿ”ฅ

Link to auction here. โณ Auction ending todayโ€ฆ

Currently up for grabs in an auction ending today, this Lambo is dripping in style with its sleek Verde Gea Lucido paint and a plush Nero Cosmus interior. ๐Ÿ˜๐Ÿš—

But wait, it's not just about looks. With a roaring 5.2L V10 under the hood kicking out a jaw-dropping 631 horsepower, this car isn't just a treat for the eyes but an adrenaline rush waiting to happen! ๐Ÿš€๐Ÿ’จ

And can we talk about those features? Suspension lift system, 20-inch forged wheels, carbon racing seats... this ride is decked out from bumper to bumper. Plus, a pristine, accident-free Carfax report? This is practically a brand-new supercar with just 500 miles on the clock! ๐ŸŽ‰๐Ÿ”ง

After digging deep into recent auctions, I've found that four of these 2023 Huracan STOs have hit the auction block, with bids reaching as high as $420k. However, none found a new home at those prices. ๐Ÿ“Š๐Ÿ”

With the current bid at $375k and the auction ending soon, I'm on the edge of my seat! Will this stunner set a new auction record and go beyond the $420k mark? Or, in a surprising twist, could it potentially go for a more modest sum? Time will tell, but one thing's for sure: I've got my eyes peeled on this one! ๐Ÿ‘€๐Ÿ’ฐ

SALES OF THE DAY

๐ŸŒŸ 2015 MERCEDES-BENZ W463 G63 AMG LHD: The Crown Jewel of SUVs

Link to auction here.

Let's journey into the realm of luxury, power, and sheer class. Yesterday, one of the most incredible vehicles I've laid my eyes on (for a while) graced the auction floor and was snatched up for a cool $72K. Let me paint you a picture of this marvel.

**๐Ÿ’ผ High-End Bespoke Luxury: The G63 is not your average SUV. This baby is the culmination of Mercedes-Benz's engineering genius paired with the tastes of the elite. It's an art piece, a status symbol, a road beast - all rolled into one. The Desert Sand paintwork, an exclusive touch, complements the meticulously personalized interior, making it stand out in any crowd.

**๐Ÿ”ฅ Performance Meets Elegance: Under the hood? A whopping 571bhp, all thanks to the AMG-fettled V8 M157. But it doesn't stop at raw power. The G63 offers its owners a cocktail of luxury and bespoke options, making it a favorite among the wealthy and celebrities.

**๐Ÿ“œ A Provenance to Boast: Imported from Dubai and first registered in the UK in 2018, this G63 isn't just about looks and power. It's been nurtured, maintained, and serviced to keep it in its prime. From a recent radiator replacement to consistent servicing using genuine Mercedes-Benz parts, no expense has been spared on this gem.

**๐ŸŽจ A Sight to Behold: The rare Desert Sand paintwork is pure elegance, protected by a factory-applied scratch-resistant clear varnish. Paired with 20-inch black AMG rims, chrome and carbon packages, and other exterior enhancements, this vehicle doesn't just drive - it makes a statement.

**๐Ÿ›‹๏ธ Inside the Dream: Dive into an interior that screams luxury. From the quilted Designo Sand with black leather to the high-tech features like the COMAND infotainment system, every inch of the cabin is designed for opulence and comfort.

**๐Ÿ’ฐ The Deal of the Day: It's often said that a deal is good when both parties walk away happy. And this sale? It's a textbook example. Both the buyer and seller scored big with this transaction. But between you and me? The buyer might just have clinched the better end of the deal with this masterpiece of a vehicle.

๐Ÿ”ฅ Whoa, Talk About a Flip! ๐Ÿ”ฅ

Link to auction here.

Following on from my recent deep dive into the world of 2023 car flipping, here's a shining example of this trend in action: the 2023 Porsche 911 Dakar. This beast just got snagged for a whopping $405,000 in yesterday's auction - that's an astonishing $175k over its MSRP! ๐Ÿ˜ฒ๐Ÿ’ฐ

Now, let's break down this beauty:

  • Location: Nestled in the serene landscapes of Woodinville, Washington.

  • Mileage: Only 173 miles, it's practically untouched!

  • Color Palette: Dressed to impress in Shade Green Metallic with an interior decked out in Black Leather & Race-Tex Upholstery.

  • Performance: Powered by a twin-turbocharged 3.0L flat-six engine paired with an eight-speed PDK dual-clutch transaxle. ๐Ÿš€

  • Special Features: This isn't your average 911. It comes with an adjustable lift system, rally launch control, stainless-steel skid plates, a carbon-fiber hood, and even a unique Dakar roof rack.

  • History: A nod to Porsche's rich racing heritage, the 911 Dakar is a tribute to the Porsche 953's victory in the 1984 Paris-Dakar Rally. Only 2,500 of these are planned for production, making it a rare gem.

  • Add-ons: This particular 911 Dakar has been treated to some extra love, featuring a Porsche Dakar roof rack with an inset light bar, a spade, jerry cans, and sand recovery rails installed just a couple of months ago.

With all these exceptional features, it's no surprise that it fetched such a hefty price tag. Given its limited production run and iconic status, this is one investment that's sure to appreciate over time. And if this sale is any indication of the future, we're in for a wild ride in the world of car flipping! ๐ŸŒŸ๐Ÿš—

SEPTEMBER SALES

Each day this week, I've be drip-feeding some analysis from September's auctions. And guess what? Today, we're spotlighting two absolute legends: the BMW M3 Coupe and the Land Rover Defender.

Starting it off for us is the BMW.

๐Ÿ“Š The histogram above shows the distribution of prices. The red dashed line represents the mean, while the green solid line indicates the median.

Price Distribution Insights:

  • The average (mean) price of the BMW M3 Coupes sold in September is approximately $32,293.

  • The median price (the middle value when prices are arranged in order) is $28,250. This value is a bit lower than the average, indicating that there are some higher-priced outliers pulling the average up.

  • The prices have a standard deviation of about $16,159, which means there's a substantial spread or variability in the prices.

๐Ÿ’ก The higher-priced BMW M3 Coupes, as seen on the right side of the histogram, are rarer and can be considered as premium or special editions.

๐Ÿ“Š The chart above provides a visual breakdown, making it clear which years had the most cars sold.

Year of Manufacture Insights:

  • The histogram displays the number of BMW M3 Coupes sold based on their year of manufacture.

  • It appears that cars from certain years (e.g., mid-1990s and early 2010s) are more prevalent in the September sales.

  • This could be due to the popularity of specific models or editions from those years, or it might just be a coincidence based on the specific cars available for auction in September.

๐Ÿ’ก It's interesting to note which years are most popular in the secondary market. These could be years with particularly sought-after models or editions.

(apologies my software cut off half the names - time to upgrade!) Last name is PCarMarket.

๐Ÿ“Š This insight can be useful for sellers to understand which platforms are currently popular for selling BMW M3 Coupes.

Online Auction Platform Insights:

  • The chart displays the number of BMW M3 Coupes sold based on the online auction platform.

  • Bring A Trailer dominates as the most popular platform for selling these cars in September.(not a huge surprise)

I was curious to see if the sales are consistent with the previous month, so I've incorporated a chart showcasing the BMW M3 Coupe sales from August for comparison.

๐Ÿ“Š This visualization provides a clear view of how prices have been moving over the two months. Such insights can help sellers and buyers understand the market dynamics and make informed decisions.

Trend of Average Prices Insights:

  • The line chart showcases the trend of average prices of BMW M3 Coupes sold over August and September.

  • There are noticeable fluctuations in the average selling prices throughout both months.

  • While there seems to be a slight upward trend in prices in August, September appears a bit more stable with some peaks and troughs.

LAND ROVER DEFENDER

๐Ÿ“Š The histogram above displays the distribution of prices. The red dashed line represents the mean, while the green solid line indicates the median.

Price Distribution Insights for Land Rover Defender:

  • The average (mean) price of the Land Rover Defenders sold in September is approximately $38,862.

  • The median price (the middle value when prices are arranged in order) is $33,000. This value is a bit lower than the average, suggesting that there are some higher-priced outliers pulling the average up.

  • The prices have a standard deviation of about $24,214, indicating a significant spread or variability in the prices.

๐Ÿ’ก The higher-priced Land Rover Defenders, as seen on the right side of the histogram, could be special editions or models with unique features and upgrades.

๐Ÿ“Š The chart provides a clear visual representation, making it evident which years had the most vehicles sold.

Year of Manufacture Insights for Land Rover Defender:

  • The histogram illustrates the number of Land Rover Defenders sold based on their year of manufacture.

  • Cars from specific years, notably the mid-1990s and early 2010s, appear more prevalent in the September sales.

Yap, I can confirm my software hates this type of diagram! Order should be Bring A Trailer, Car & Classic, Collecting Cars, Bonhams Online, AutoHunter & Cars & Bids.

BaT dominates sales, but surprisingly Car & Classic are not far behind, with Collecting Cars just behind them.

Bear with me here as Iโ€™m trying out a new visual for you today. It might look a little crazy but Iโ€™ll do my best to explain what youโ€™re seeing. These are called 2D density plots. 

๐Ÿ“Š The contours and color intensities help identify where the majority of vehicles fall in terms of age and price. The diverse range across years and prices indicates the varied interest of buyers in both newer and older models.

BMW M3 Coupe: Price vs. Year of Manufacture Summary:

  • The plot illustrates the relationship between the year of manufacture and the selling price of the BMW M3 Coupe.

  • Darker regions indicate areas with higher concentrations of vehicles sold.

  • There's a significant concentration in the early 2010s, indicating many BMW M3 Coupes from these years were sold at varying price points.

  • A smaller concentration is observed in the mid-1990s, suggesting these vintage models also had a presence in the auctions, possibly fetching higher prices due to their classic appeal.

I know, this one looks even crazier than the one before. If you squint your eyes you can see the new Porsche S/T ๐Ÿ˜‰.

Land Rover Defender: Price vs. Year of Manufacture Summary:

  • This plot showcases the relationship between the year of manufacture and the selling price of the Land Rover Defender.

  • Darker shades represent areas where more Defenders were sold.

  • There's a noticeable concentration of Defenders from the 1990s, suggesting these models were prevalent in the auctions.

  • Another concentration is observed in the early 2010s, indicating newer models also had significant sales at various prices.

Are these 2D Density Plot Visuals too much?

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