MARKET LEADERBOARD

💰 The figures shared below don’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's hustle brought us tantalizingly close to the $6 million mark, a feat that's impressively standard for a Wednesday in our dynamic market. 📈

Right now, our leaderboard is shining bright, dominated by four powerhouse companies 🌟, each demonstrating their robust stability and undeniable prowess. However, it's crucial to cast a spotlight on the wider playing field, where numerous other contenders are navigating through their unique challenges. 🧗‍♂️

Consistency in performance? That's a tough nut to crack, and it's clear that not everyone's riding the same wave. 🌊 Yet, we must tip our hats 🎩 to the top four firms, setting a stellar example with their relentless spirit and unwavering dedication. Day in and day out, they've proven that resilience and high standards are the name of the game, keeping us all engaged and setting the bar high for excellence. 👏

They are the true pacesetters in this vibrant market, and we're all here for it! 🚀

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

2009 Ferrari 430 Scuderia Spider 16M $295,000

2019 Chevrolet Corvette ZR1 Coupe 3ZR ZTK 7-Speed $221,000

2016 Porsche 911 GT3 RS $208,000

1998 Subaru Impreza 22B STi $188,228

2023 Porsche 718 Cayman GT4 RS $185,000

🎉 Get Ready for a Ferrari Fiesta! 🏎️ Today’s auction spotlight is on a dazzling 2010 Ferrari 599 GTO, and folks, the bids are soaring high, already surpassing the $700k mark! 💰

Link to auction here.

Key Highlights:
🔑 This isn’t just any Ferrari, it’s a rare gem; a limited-edition supercar with the prestigious ‘Gran Turismo Omologato’ title. It follows in the tire tracks of legends like the 250 GTO and 288 GTO.
🔑 Under the hood? A mighty 6.0-litre V12, delivering a whopping 670PS to the rear wheels, paired with a slick six-speed automatic and paddle shift.
🔑 Oh, and did we mention? The engine bay is signed, and a Ferrari Classiche book is included, making this a true collector’s dream.

Equipment and Features:
🔧 Limited to just 599 pieces worldwide, this GTO is dressed to impress in Rosso Corsa, featuring ‘Scuderia Ferrari’ shields, a black roof, and matching wing mirrors.
🔧 The interior is a luxurious affair with Charcoal cloth, Alcantara, red stitching, and carbon-fibre inlays.
🔧 It rides on stunning 20-inch black alloy wheels, and yes, there are carbon-ceramic brake discs and Michelin tyres.

Condition and Service History:
🛠️ The car is in fantastic shape, with no known electrical or mechanical faults. The last service? November 2020.
🛠️ It’s been loved and cherished by its current owner since it rolled out of the showroom, making this a one-owner wonder.

Summary:
🎊 The Ferrari 599 GTO is a marvel, a speed demon that has captured the hearts of car enthusiasts worldwide. This particular example, with its rich history and stunning looks, is ready to find its next home. Will it be yours? Get your bids in and join the Ferrari fiesta! 🎉

Happy bidding, and may the speed be with you! 🚀

In the following sections, I will meticulously explore the market trends, pricing distributions, and the platforms that have played pivotal roles in these transactions from June to October. The GT3 RS, renowned for its performance and engineering excellence, continues to capture the attention of automotive enthusiasts and collectors alike.

By examining these summer sales, we aim to provide valuable insights and highlight the nuances of the market for this iconic model. Let’s delve into the data and uncover the story behind the GT3 RS’s journey this summer. 🏎️💡

This visualization below provides a clear understanding of the price ranges in which Porsche GT3 RS cars are commonly sold, as well as highlighting the rarer, higher-priced sales.

Price Distribution Summary:

• The sale prices of Porsche GT3 RS cars vary widely, ranging from around $200,000 to nearly $500,000.

• The majority of cars seem to be sold in the $200,000 to $300,000 price range.

• There is a noticeable peak around $220,000, indicating a higher frequency of cars sold at this price point.

• There are fewer cars sold in the higher price ranges, with a few instances of cars selling for above $400,000.

• The distribution is right-skewed, meaning there are more cars sold at lower price points and fewer cars sold at higher price points.

Top Selling Platforms Summary:

• Bring A Trailer: This platform has the highest number of sales, with 15 cars sold during this period.

• Collecting Cars: Following closely, this platform facilitated the sale of 10 cars.

• PCarMarket: This platform saw the sale of 4 cars.

• Cars And Bids and Car & Classic: Each of these platforms had 1 sale.

Overall Average Sale Price:

The overall average sale price of Porsche GT3 RS cars sold in online auctions from June to October 2023 is $228,425.

Average Sale Price by Platform Summary:

• Bring A Trailer: The highest average sale price was achieved on this platform, with an average of approximately $264,194 per car.

• Cars And Bids: This platform had an average sale price of around $247,000. However, it's worth noting that there was only one sale on this platform in the dataset, so this average is based on a single transaction! (not so much an average)

• PCarMarket: Cars sold on this platform had an average price of approximately $211,750.

• Collecting Cars: The average sale price on this platform was around $185,425. (take into account conversion rates from different currencies)

• Car & Classic: This platform had the lowest average sale price, with approximately $170,000. Like "Cars And Bids," this average is also based on a single sale.

Lots of awesome cars, even one’s that didn’t make the top 10 like this 2016 Clubsport below.

• June: The trend starts with a lower average sale price.

• July: There is a slight increase in the average sale price.

• August: The average sale price shows a noticeable drop.

• September: The average sale price remains relatively stable compared to August.

• October: There is a significant increase in the average sale price, reaching the highest point in the observed period.

Overall, the trend shows fluctuations in the average sale price of Porsche GT3 RS cars, with a notable increase in October. This could indicate a rising interest or a change in the availability of higher-priced models during this month. Are people selling them off now with the economy in a state of unknown?

Back by popular demand!!!

The 2D density plot above visualizes the distribution of sale prices in relation to the year of Porsche GT3 RS cars sold from June to October 2023.

2D Density Plot Analysis: Price vs Year

• Concentration Areas: The plot shows areas of higher density with brighter colors. You can see concentrated areas around 2016 and 2023, indicating a higher number of sales for cars from these years within the observed price ranges.

• Year 2016: There is a noticeable concentration of sales for cars from the year 2016, particularly in the price range of around $200,000 to $250,000.

• Year 2023: Cars from the year 2023 also show a concentration, but the price range is wider, extending from around $200,000 to $450,000.

• Other Years: For other years, the sales are more spread out, with less concentration in specific price ranges.

No surprise above as you can see that 2016 and 2019 are the clear favorite selling years.

Below is the table you’ve all been waiting for, the day of the week! If you have a GT3 RS for sale, make sure it ends on a Wednesday!