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🔥 Porsche & Rolls-Royce Serve Up a Storm!!

🔥 Porsche & Rolls-Royce Serve Up a Storm!!

BONUS: Every 🏎 Ferrari Up For Auction Shown Right Here 😀

Sam Gold
June 20, 2023

The Daily Vroom

Happy Tuesday Vroomers,

Before we get into yesterday’s auctions. I can tell you that the car world in real life is on fire 🔥. I was at the Father’s Day Parade here in Los Angeles and there were thousands and thousands of people salivating over some of the most jaw dropping cars one could ever see. For me, as much as I enjoyed seeing some gorgeous Porsche’s and sexy Ferrari’s, this one car stood out for me.

The 1971 Datsun 240Z - for me it's the epitome of exhilaration, nostalgia, and elegance! Its legendary 2.4L inline-6 engine serves up a punchy performance, making every drive a thrilling ride. The sleek design, with its signature long hood and short rear deck, is a perfect embodiment of vintage charm and sports car appeal. It's not just a car, it's a piece of automotive history that made waves in the industry by putting Japanese sports cars on the global map.

Anyways, back to the auctions and some analysis 😀

MARKET ANALYSIS

In last Tuesday's newsletter, you might recall the mention of a substantial dip in online auction sales on the Monday prior. Fortunately, this downturn had a strong bounce-back as the week progressed.

The performance of the three major players in the market over the last three Mondays is showcased above. They've all shown progress in every measure since last Monday.

The striking stat here for me is that despite selling 60 fewer cars than BaT, Collecting Cars' total sales numbers came in just shy of a third of BaT's. Could it be possible that if Collecting Cars were to, let's say, sell 40 cars, they might match BaT in total sales? And, how might this higher sales volume affect their sell-through rate? I believe their first hurdle would be crossing the 20-cars-per-day mark, which they haven't yet achieved. The same holds true for Cars & Bids who need to breach the 30-cars-per-day threshold.

*for those that ask, I have analysed the sales number for all other sites, but they consistently don’t sell anywhere near the numbers that the above three do.

Would you like me to venture into the revenue of all the auction websites?

Yes
No

NEARLY SALE OF THE DAY

🔥Nearly Sale of the Day: 2017 Cadillac CTS-V Hennessey HPE1000 🔥

✨ Highlights ✨ Presenting the almost deal of the day - the magnificent 2017 Cadillac CTS-V Hennessey HPE1000 🚗. This power-packed ride, donned in Phantom Gray Metallic paint with black leather upholstery, was bid to an exciting $86,500 yesterday. Flaunting a supercharged 6.2-Liter V8 with the HPE1000 package, it showcases exceptional performance prowess.

🛠️ Specs and Features 🛠️ Sporting a modified 8-Speed automatic transmission, electronic limited-slip differential, and 20" Forgiato wheels, this American beast was ready to rule the roads. Its heated & ventilated front seats, dual-zone automatic climate control, and custom stereo system provide luxury to match its performance. Covered for 38k miles, the car remains in excellent shape, as evidenced by its clean Carfax report 👌.

🏁 Why it didn't sell 🏁

Determining the exact reasons for the car not selling can be tricky, but several factors could have contributed.

Firstly, the physical condition of the car might have been an area of concern. Despite the seller's reassurances, the misaligned wheel and skewed badge could have left some bidders uneasy. In the world of luxury cars, even the smallest imperfections can lead to questions.

Secondly, the issue of the vehicle's modifications and the associated receipts ($56,331) may have raised eyebrows. While these alterations arguably increase the car's value, they also hint at a hefty asking price from the seller. This could have created a gap between the seller's price expectations and the bidders' willingness to meet it, possibly discouraging higher bids.

Thirdly, the heavily modified nature of the vehicle might not have appealed to all. While some appreciate the enhancements, purists might favor the charm of an untouched Venom GT, possibly leading to a smaller pool of potential bidders.

My best guess is that the seller was looking for a price north of $100,000!

SALES OF THE DAY

Today, I'm putting the spotlight on two diverse cars that managed to strike a fair deal, pleasing both the seller and the buyer. Do you think both parties got a good bang for their buck? I'd love to know! Make sure to cast your vote in the poll at the end of this section

🚗 2019 Rolls-Royce Phantom Sold for £290,500 🚗 - Collecting Cars

✨ Key Facts ✨ The ultimate luxury ride, a beautifully specified 2019 Rolls-Royce Phantom, has been sold for an impressive £290,500! Powered by a 6.75L twin-turbocharged V12 engine, this luxury car served its previous owner for a year and recorded 9,374 miles on its odometer.

🔧 Equipment and Features 🔧 Regarded as the pinnacle of luxury motoring, the Phantom came equipped with the Rolls-Royce Independent Air Suspension system, satellite-aided transmission, and soft-close doors. Its exquisite interior was crafted in Seashell and Black hide-trimmed finish with a Starlight Headliner and a bespoke audio system. Enhanced safety was ensured with Active Cruise Control, High-Beam Assistance, Night Vision with Pedestrian Recognition, and a Heads-Up Display.

🎖️ Summary 🎖️ The epitome of opulent motoring, this Rolls-Royce Phantom, was a perfect blend of luxury and performance. With main dealer maintenance history, this cruiser has found a new home!

🏁 Porsche With a Pedigree: The 19K-Mile 2003 Porsche 996 GT2 🏁

Whoa! The prices of vintage Porsches are taking off like a rocket, and this one is no exception. The 19k-Mile 2003 Porsche 996 GT2 has been sold for a staggering $179,000 on PCarMarket 🎉💰 The very same model, with just a few more miles on it, was sold for $126,500 just five years ago by Gooding & Co. Talk about appreciation! 🚀💸

🚗 A Turbocharged Beast 🚗

This 2003 Porsche 996 GT2 is an absolute beast under the hood! With its twin-turbocharged Mezger engine, this GT2 isn't playing around. Aggressive aerodynamics, track-focused suspension, and the Porsche Ceramic Composite Brake (PCCB) system are just the cherry on top! 🍒🏎️

🌟 A Star-Studded History 🌟

Originally owned by a world-renowned actress and heiress, this GT2 was treated with the utmost care. From being a part of the Monterey Car Week to being featured in an official Porsche commercial, this GT2 has been a star in its own right! 🌟📸

💛 Dressed to Impress 💛

Speed Yellow exterior, black leather interior, carbon fiber, and aluminum trim pieces, this GT2 dresses to impress. And did we mention that the seatbelts match the car? Now that's coordination! 🎩👠

🔧 Meticulously Maintained 🔧

This GT2 has been serviced by the best in the business, undergoing regular maintenance and receiving a comprehensive pre-purchase inspection. Over the last 7 years, maintenance alone was completed at a cost of over $20k, ensuring this baby runs like a dream! 🧑‍🔧💨

🏆 The Bottom Line 🏆

If one thing's for certain, it's that this GT2 has certainly lived up to its pedigree! From its star-studded past to its supercharged present, this 19k-Mile 2003 Porsche 996 GT2 is worth every penny of its $179,000 price tag (IMO). 🥂🎉

Do you think the seller over paid for either of these cars?

Yes
No

EVERY FERRARI UP FOR AUCTION

You know what they say about being bitten by the Ferrari bug, right? Well, I'm more than bitten - I'm utterly smitten. There's something intoxicating about these Italian beauties that captures my heart every single time. It's a mix of those sleek lines, the roar of the engine, and yes, that iconic racing red.

I simply can't resist the call of the prancing horse, and that's why I've compiled a comprehensive list of every Ferrari up for auction in the next 7 days. So buckle up, fellow Ferrari enthusiasts, as we take a thrilling journey into the heart of automotive magnificence. Here's to finding our next Ferrari gem together! 🏎️🔥

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.

Ending 6/20 (today)