Here’s How You Voted...

The Daily Vroom

Hey Vroomers!

With election day here, it’ll be interesting to see if the auctions feel the impact as people head out to vote. But let’s be real—savvy buyers will stay savvy and ready to pounce on any opportunities that pop up. BaT took a cautious step and held off on premium auctions ending today, though they’re still running the usual volume. Everyone else? Business as usual.

Catch you tomorrow,

Sam

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.

Despite just four platforms on the leaderboard, yesterday saw a solid $6.2 million in vehicle sales. And with some heavy hitters lined up today—like the 2020 Ferrari Monza SP1—we could be looking at a record-breaking day ahead.

YESTERDAY’S TOP 5 SALES

This Widebody 1990 Mercedes-Benz 560SEC 6-Speed is the real standout from the top sales list, hands down. At $560,000, it went to a collector who’s practically a legend on the site—check out his past buys, and you’ll see this car fits right in with some heavy hitters. This isn’t your standard Benz; with a 6.2L AMG V8 and a rare six-speed manual courtesy of Bespoke, it’s got the power and the presence to match that price tag. Serious machine for a serious collection.

Want to dive deeper into any of these listings? Just click on the car to take you directly to the listing.

Widebody 1990 Mercedes-Benz 560SEC 6-Speed by Bespoke $560,000

2005 Ford GT $398,000

2023 Ferrari 296 GTB $327,500

1996 Porsche 911 Turbo $251,500

1992 Porsche 911 Carrera RS $225,999

Here’s How You Voted

I couldn’t resist a headline like that on election day!

So yesterday, I asked you all: Should Hagerty focus solely on live auctions with Broad Arrow and step back from online auctions?

In one of our biggest poll turnouts yet, 68% of you voted for Hagerty to leave the online auction space and double down on Broad Arrow. 

Below is a selection of your comments (and wow, this community knows its stuff!).

That was a great use of $64.8M by Hagerty!

Keep in mind BA hadn’t even conducted its first auction when they bought it. Now Hagerty is paying several guys $1M per year and tons of stock with essentially nothing to show for it. Seriously, nothing they have acquired is better than it was in previous ownership. Look at DriveShare, never monetized and now essentially given back to the previous owners. Look at the Concours they’ve bought with lower attendance and cancellations. They improved their game in Monterey but failed to lock in venue pricing at the Jet Center when they bought the rights so the rental cost went up a million dollars! 

If you look at their K2 the information is baffling. 

Additionally, they have dedicated a new group to online auctions and have a bunch of dilletantes working on it. 

Unfortunately, they are a one trick pony in my opinion. 

I still think Hagerty online has potential, but it might make more sense to rebrand it as Broad Arrow online, giving clients the choice which channel to sell through. They also need a dedicated web space, through the Broad Arrow website not Hagerty (tangential: the Hagerty website needs a revamp in general, as there's too much information, not very well organized, which I think is part of the problem with the auctions) 

So many missteps from the Hagerty team. I’ve sold cars with cars & bids, bring a trailer, and Hemmings, so when I approached Hagerty this spring to sell my Plymouth, I expected a bit more enthusiasm, especially given the low volume on their site. But they just didn’t make me feel like they cared, which is a real shame since I’ve been a loyal Hagerty customer for years.

From a friend that worked on the online side-too much red tape, lack of support for those on the front lines, reserves approval takes days and decided by a small committee. He got fed up after 5 months of not being able to bring any cars to market and left.

Potential Smart Picks

For anyone looking to get a foot on the Porsche ladder without breaking the bank, this 2001 Boxster S is a serious opportunity.

It’s no reserve, so it’s going to sell, and with the inspection report already done, it’s a no-fuss entry into Porsche ownership. It’s got enough mileage to keep it affordable, but it’s still got plenty of life left for the right buyer who knows a deal when they see one. This is the kind of car that gets you into the Porsche family without the usual steep buy-in.

When we talk about value, we sometimes think only in terms of “cheap.” But value can mean much more, especially in the collector car world, where certain buys—while not the cheapest—offer something special. Enter this 1988 Ferrari 328 GTS currently at auction. Yes, it's sitting at $90,000, and it won’t end as a “bargain,” but for what this car represents, it’s hard to argue against the value it brings to the right buyer.

This car is an example of Ferrari’s timeless design at its finest, with that unmistakable Pininfarina style finished in classic Rosso Corsa over tan leather. Not only does this 328 GTS have under 21,000 miles on it, but it’s been meticulously cared for, with key services like the timing belt done in 2021. It’s loaded with original touches, from the gated shifter to those iconic pop-up headlights—details that make it a true 1980s Ferrari experience.

For the serious enthusiast, this isn’t just a “great car” to buy; it’s a slice of Ferrari history and a model known for its reliability within the Ferrari lineup. The gated 5-speed, mid-mounted 3.2L V8, and limited-slip differential make for a drive that’s as thrilling as it is collectible. This is a Ferrari you can actually drive without watching every mile ruin its value.

So if you’re after a car that’s as much an investment as it is a driver’s car, this 328 GTS is a prime candidate. It’s not the cheapest, but value comes in many forms. For someone looking to own an iconic Ferrari without the endless service headaches, this one checks all the right boxes.

Community News

While our audience is primarily U.S. based (with the majority of our content, data, and news), Collecting Cars has proven that the collector car market is truly global. Founded in the UK with offices worldwide, they consistently deliver impressive sales volumes and high-value transactions.

When I noticed they had posted some job openings, I was curious to see their listings. What struck me most was how their job postings perfectly reflect their brand voice and principles. (the image above) Unlike Hagerty and others who've diversified into various automotive ventures, Collecting Cars maintains a laser focus on one thing: serving collectors and buyers in the digital space. This singular focus seems to be one of the key components to their success.

[You can view their current openings here]

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