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The Daily Vroom
A couple of weeks ago, I initiated a survey inquiring, 'Are you interested in seeing more 'Nearly Sold Cars'? The response, as indicated below, was an overwhelming 'yes' - many are eager to delve deeper into the world of 'nearly sold' vehicles. I've also examined previous auctions to offer additional insights into the emerging trends I've noticed.
Today, I'm spotlighting two vehicles auctioned on separate platforms. As always on The Daily Vroom, I'll provide a succinct rundown of my thoughts on why these particular cars may have missed the mark on a sale.
In addition to these, I delve into the latest acquisition by the iconic Michael Jordan. Plus, I've compiled a list of standout vehicles currently on auction across the web that may have escaped your notice.
NEARLY SALES OF THE DAY
🚗 Spotlight: 2009 Porsche 911 Turbo Coupe 🚗
A stunning 2009 Porsche 911 Turbo Coupe drew bids up to a notable $180,000 in yesterday’s auction. With an extraordinarily low mileage of just 110 miles, this automobile stands as a pristine artifact of automotive history. It's equipped with a coveted 6-speed manual transmission, has a ‘one-owner’ history, and comes with no significant modifications - presenting an authentic Porsche driving experience.
🌟 Features and Specifications 🌟
This stylish coupe adorns a sleek black exterior paired with a plush black interior. Under the hood lies a powerful 3.6L turbocharged flat-6 engine, generating a compelling 480 horsepower and 460 lb-ft of torque. This engine pairs with a 6-speed manual transmission and an AWD drivetrain to offer a thrilling ride.
❓ Why it Didn't Sell ❓
While the 2009 Porsche 911 Turbo Coupe is undoubtedly a highly desirable car, several factors may have contributed to its failure to sell. For one, the somewhat unclear history, with certain details missing, may have raised concerns among potential buyers. Past listings and sales on another auction site add to this confusion. For example it shows having sold from one dealer to another in July last year for $285,997! 🤔
Secondly, the car comes equipped with original tires bearing 2008 date codes, suggesting that they may be due for replacement. This minor detail might have made prospective buyers hesitant.
Additionally, market conditions seem to have shifted. Even with its exceptional low mileage and 6-speed manual, the demand for this car might not be as strong as it was last year.
Finally, it's possible that the seller had set a price that was higher than what buyers were willing to pay, and wasn't prepared to accept less.
Despite these reasons, it can't be overlooked that this 911 Turbo Coupe is an exceptional piece of Porsche's legacy and offers a uniquely engaging driving experience. Who knows? With some patience and perhaps a bit of compromise, this vehicular masterpiece might just find the right owner it deserves
Do you think it's worth more than $180,000? |
🚀 Aston Martin V8 Vantage Auction: A Closer Look 🕵️♂️
Introduction 🎙️ The auction of the 2011 Aston Martin V8 Vantage concluded yesterday with the highest bid of $47,250. This British sports car 🇬🇧 was noted for its Quantum Silver exterior with Phantom Grey leather interior, a perfect blend of luxury and performance. 🚗💨
Description 📘 The Vantage came equipped with a powerful 4.7-liter V8 engine mated to an automatic transmission, ensuring an exhilarating driving experience. The car had low mileage, further enhancing its appeal. A key feature was the navigation system 🛰️, and although the car did not come with clear protective film apart from the lower rear wheels, it appeared to be well-maintained overall.
Performance and Handling 🚀 Not only was the V8 Vantage aesthetically pleasing, but it also had commendable performance. With its V8 engine and superbly tuned suspension, it offered both power and precision. It was described as a true driver's car, with a fantastic solid feel and beautifully balanced handling.
User Interaction 👥 Throughout the auction, there were several queries about the condition of the car. Buyers expressed concerns about rock chips on the hood, moisture build-up in tail lights, potential warning lights, and the condition of door, hood, and trunk struts. The seller responded to these queries, stating that the car was serviced at the dealer before purchase and didn't have any warning lights on. The seller also confirmed the navigation system was functioning well and that a second key was available.
❓Why it didn't sell❓ Several factors may have contributed to this.
Firstly, the lack of complete maintenance records and documentation 📑 possibly made potential buyers hesitant, as they could not fully assess the car's history.
Secondly, there was some criticism of the seller's responsiveness and detailed information, which may have affected potential bidders' confidence. 😔
Finally, the Aston Martin V8 Vantage, despite its allure and performance, has often struggled to reach reserve prices in previous auctions, suggesting a possible market trend that isn't reflective of the car's quality but rather its perceived value. 💰
CELEBS & CARS
Congrats to the G.O.A.T Michael Jordan who just purchased a very special Hennessey Venom F5 for a reportedly $3.5 million. Hennessey claims that this is the world’s fastest & most powerful convertible with a top speed of 300mph!! 🏎 Who am I to argue!
The Venom F5 holds a mid-mounted twin-turbocharged 6.6-liter V8 engine, producing 1,817 horsepower and 1,193 pound-feet of torque - this is some car…
CORVETTE MAY SALES
As we cruise into the summer months, let's take a moment to reflect on the performances of one of America's most iconic sports cars - the Chevrolet Corvette. With an enduring legacy spanning over seven decades, the Corvette has evolved dramatically, from its post-war beginnings as a stylish cruiser to its current status as a world-class sports car. Throughout May, we've observed an impressive volume of Corvette sales across various online auction platforms, with this exceptional automobile ranking second highest in total sales, which you can read all about in this newsletter.
Stunning in its design, groundbreaking in its performance, and treasured by enthusiasts, the Corvette has etched its mark in automotive history. Today, we take a comprehensive look at the Corvette's sales performance across the decades, charting the ebb and flow of its market value, and offering insights into the most and least expensive models sold. Strap in as we journey through time, exploring the evolution of this remarkable American classic.
🏁 Fabulous '50s 🏁
🏅 Top Seller: The 1958 Chevrolet Corvette 283/ Dual Quad, claimed the decade's top spot at $146,000 on Bring A Trailer.
💸 Best Bargain: Another 1958 Chevrolet Corvette managed to fetch a modest $127,000.
🧮 Average Price: The average price for '50s Corvettes was around $136,500.
💼 Platforms: All '50s models were sold on Bring A Trailer, Car & Classic & Clasiq.
💡 Spotlight on Models: The '50s were the birth years of the Corvette. The first-generation (C1) models are known for their "rocket" design and two-tone color schemes.
🚀 Sensational '60s 🚀
🏅 Top Seller: The 1965 Chevrolet Corvette Coupe soared to the top, sold for a whopping $310,000 on Bring A Trailer.
💸 Best Bargain: The 1961 Chevrolet Corvette managed to nab just $89,500.
🧮 Average Price: The '60s models averaged around $139,000 in sale price.
💼 Platforms: The majority of sales took place on Bring A Trailer, with Hemmings Auctions and PCARMARKET Auctions also featuring.
💡 Spotlight on Models: The '60s introduced the famed second-generation (C2) Corvettes, known for their "Sting Ray" design and the first-ever Corvette coupe with its split rear window.
🕺 Groovy '70s 🕺
🏅 Top Seller: The 1972 Chevrolet Corvette led the pack, sold for $43,500 on Bring A Trailer.
💸 Best Bargain: The 1978 Chevrolet Corvette, a bargain at just $9,500.
🧮 Average Price: The '70s models averaged a more modest $22,000.
💼 Platforms: Sales for '70s models occurred predominantly on Bring A Trailer, with Hemmings Auctions also in the mix.
💡 Spotlight on Models: The '70s showcased the C3 generation, known for its curvy design, T-top roof, and an array of colorful options.
🎸 Energetic '80s 🎸
🏅 Top Seller: The 1986 Chevrolet Corvette Convertible took top honors, selling for $21,500 on Bringa Trailer.
💸 Best Bargain: The 1985 Chevrolet Corvette Coupe, snapped up for a mere $5,400.
🧮 Average Price: The '80s Corvettes averaged around $12,300.
💼 Platforms: Most sales were made on Bringa Trailer, with PCARMARKET Auctions also recording a sale.
💡 Spotlight on Models: The '80s welcomed the C4 generation, sporting an aerodynamic look, a digital dashboard, and a notable improvement in performance features.
💾 Nifty '90s 💾
🏅 Top Seller: The 1990 Chevrolet Corvette ZR-1, the top '90s model, fetched $32,000 on Cars and Bids.
💸 Best Bargain: A 1992 Chevrolet Corvette Coupe managed a humble $15,555 on Bringa Trailer.
🧮 Average Price: '90s Corvettes sold for an average of around $23,775.
💼 Platforms: Cars were sold on Bringa Trailer, Cars and Bids, and PCARMARKET Auctions.
💡 Spotlight on Models: The '90s saw the last of the C4 and the introduction of the C5 Corvettes. These models featured improved handling and power, with the ZR-1 being a standout high-performance model.
📱 Innovative '00s 📱
🏅 Top Seller: A 2004 Chevrolet Corvette Convertible claimed the decade's top spot at $128,000 on Bringa Trailer.
💸 Best Bargain: A 2004 Chevrolet Corvette went for just $24,000 on Hemmings Auctions.
🧮 Average Price: The average price for '00s Corvettes was around $48,000.
💼 Platforms: Most of the cars were sold on Bringa Trailer, with others on Hemmings Auctions, Auto Hunter, and PCARMARKET Auctions.
💡 Spotlight on Models: The '00s spanned the C5 and C6 generations, with the latter marking a major redesign. The Corvette Z06 and ZR1 performance models were prominent in this decade.
💻 Dynamic '10s 💻
🏅 Top Seller: The 2016 Chevrolet Corvette Z06 3LZ Z07, took the crown, selling for $85,000 on Bringa Trailer.
💸 Best Bargain: A 2011 Chevrolet Corvette Z06 2LZ was the steal of the decade, selling for $49,000 on Bringa Trailer.
🧮 Average Price: The '10s models averaged around $67,000.
💼 Platforms: Predominantly sold on Bringa Trailer, with a notable sale on The Market by Bonhams Online.
💡 Spotlight on Models: The '10s were the era of the C7 Corvette. The C7 boasted advanced aerodynamics and introduced the Stingray nameplate back into the lineup after several decades.
📈 Contemporary '20s 📈
🏅 Top Seller: The 2023 Chevrolet Corvette Z06 Convertible 3LZ 70th Anniversary Edition claimed the top spot at $220,000 on Bringa Trailer.
💸 Best Bargain: A 2021 Chevrolet Corvette Stingray sold for a more modest $67,000 on Cars and Bids.
🧮 Average Price: The '20s models fetched an average price of about $101,100.
💼 Platforms: Most sales were on Bringa Trailer, with others on Cars and Bids and Auto Hunter.
💡 Spotlight on Models: The '20s introduced the revolutionary C8 Corvette, the brand's first mid-engine model. The new generation boasts impressive performance, sophisticated tech, and a luxurious cabin.
🔮 Overall Sales Snapshot 🔮
💰 Most Expensive: The crown goes to the 1965 Chevrolet Corvette Coupe from the swinging '60s, sold for an eye-watering $310,000.
💸 Most Affordable: The 1985 Chevrolet Corvette Coupe from the electric '80s, was a real bargain at only $5,400.
🧮 Average Price Across Decades: The overall average price for all Corvettes sold in May across the platforms was approximately $84,300.
🌐 Platforms: The majority of sales occurred on Bring A Trailer, but Hemmings Auctions, PCARMARKET Auctions, and Auto Hunter also played significant roles in these classic sales.
Which decade is your favorite Corvette from? |
CARS UP FOR AUCTION YOU MIGHT HAVE MISSED
Underneath each picture you will see the name of the car. If you click on the name it will take you directly to the auction.
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