The Daily Vroom

Good morning Vroomers!

Yesterday wasn’t exactly a big-money day—high-end cars just weren’t moving, and total sales barely cleared $4.7 million. But that’s how it goes—one day’s a heater, the next is a cooldown. And if history tells us anything, Mondays are usually the slowest sales day of the week.

Not every day is about crazy record-breaking sales. Normally, the average sale price across online auctions sits in the $42K-$45K range, but yesterday it dropped to $38K, meaning a lot more budget-friendly rides were changing hands.

Check out yesterday’s price breakdown below.

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.

YESTERDAY’S TOP 5 SALES

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

Nearly Sale of the Day

You can often tell a lot more about the market by looking at the cars that don’t sell rather than the ones that do. Let’s take this one as an example: a 2005 Ferrari 575 Superamerica GTC 6-Speed that bid to $380,000 but failed to meet reserve.

On paper, this should have been a slam dunk. It’s a factory six-speed, a rarity with only 43 made, and it came with the highly desirable GTC package. That means carbon-ceramic brakes, a titanium exhaust, and a sharper suspension setup—essentially the best possible spec you could get for a 575 Superamerica. It was a one-owner car, clearly well-maintained, with a fresh belt service, new tires, and refinished sticky buttons. Yet, the bidding stopped short.

So why didn’t it sell?

The major stumbling block seemed to be the mileage. At 65,000 miles, this car had been driven. The Ferrari community tends to penalize high mileage more than just about any other brand’s buyers. Some see that as a shame—this was an owner who truly enjoyed the car, using it for long road trips and keeping it well-maintained.

Compare that to the automatic versions of this car, which have recently sold between $240K-$290K, typically with much lower mileage. Even if you add the six-speed premium, you’re still in a tricky spot valuation-wise.

And yet, had the seller taken the bid, they would have walked away with a solid profit—this car originally stickered at $312k, and after two decades of use, they were looking at a $60K gain. But they clearly had a higher number in mind.

Another possible factor: the roof. Ferrari’s electrochromic glass hardtop is known to be an expensive repair if it fails. Some potential buyers may have been wary of future maintenance costs, even though this car had recent work done to keep everything functioning properly.

At the end of the day, this was a case of the seller valuing the car differently than the market did. They saw rarity, provenance, and an enthusiast-owned machine. The market saw 65,000 miles and bid accordingly.

As it stands, it’s a lesson in how collector car buyers weigh rarity versus real-world use.

SBX: Time to Get Moving

I haven’t written about SBX Cars, the platform from Supercar Blondie in a while—for the simple reason that there’s been nothing to write about. Their last recorded sale was back in mid-January, and since then? Crickets.

That being said, they’ve recently hired a great new CEO. He’ll need time and space to implement his processes and take full control, as any CEO should be allowed to. But one thing is clear—SBX needs momentum. They need sales. And today, they’ve got an opportunity to make that happen with two ‘big’ auctions coming to a close.

2024 Porsche 911 GT3 RS Weissach (Dubai)

A head-turning spec in Ruby Star, this GT3 RS is loaded—Weissach Package, carbon roll cage, 9,000-rpm redline, the whole works. But as of now, it’s sitting at $290,000, These cars have been around $380K, in the US. What is the price in Dubai? I guess we’ll wait and see.

2020 Audi R8 V10 Quattro (USA)

A naturally aspirated V10, Quattro AWD, and one of the last true analog-feeling supercars out there. Yet here it is, stuck at $80,000, probably half the reserve price.

Will SBX Finally Move the Needle?

New leadership is promising, but at the end of the day, the scoreboard is sales. If both these cars sell today, that’s a step in the right direction. If not, well, we’ll be right back where we started—wondering when SBX is going to get out of first gear.