Why This Red '67 Ferrari Only Sold For $615k!

PLUS: Why there still might be life in the flip market ✅

The Daily Vroom

Good morning Vroomers,

Here’s what I’ve got for you today in an action packed newsletter:

📈 The Market Leaderboard - Who’s made it on the board today

💰 Top 5 Sales Of The Day - So close to a $1m sales..

🦇 Vroomy Sale(s) Of The Day - Two incredible sales

📊 Catch Up - Did yesterday’s featured cars sell?

☠️ Is The Flip Market Dead? Two 2023 sales analyzed

📰 Vroomy Reads - Catch up on the latest car news

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!

🔥💥 Monday Auction Madness! 💥🔥

Yesterday was anything but typical for the online car auction world. Instead of the usual Monday blues, the market experienced a color of green, raking in a staggering $7.75m in sales! 📈💰

The MVP of the day? 🏆 Bring A Trailer. They single-handedly accounted for just over $5.1m of those sales. Their showcase? A fleet of high-end, big-ticket vehicles that had bidders going wild. 🚗💎

But, the plot thickens 😲: They were on the cusp of an even greater victory. A few sales were just inches away from crossing the finish line. Talk about edge-of-the-seat moments! 💔

In Conclusion: Who said Mondays have to be mundane? In the online car auction sphere, they're proving to be mega! 🌌🔨🎉

TOP 5 SALES OF THE DAY

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

2006 Ford GT $427,000

VROOMY SALE(S) OF THE DAY

🔥🚗 Aristotle Onassis's 1967 Ferrari 330 GTC: A Rare Jewel at a Steal 🚗🔥

Steal of a Deal 🤑:

  • Price Point: At just $615,000, someone's cruising away with a distinct piece of automotive history without breaking the bank. Especially when you factor in that it went for $345k less than the 2017 F12tdf that sold yesterday. Talk about value! 💸

  • As you’ll read below, others have tried in vain to sell this beauty in physical auctions, but no luck. BaT came along and sold it right away. A win for online auctions.

Trend Talk 📊:

The Red Enigma: It's an online auction mystery - the curious absence of red 330s being sold. This Rosso Cina hue, while captivating, clearly holds a niche appeal.

Custom Controversy 🎨:

  • One-of-a-Kind: This isn't your run-of-the-mill 330GTC. It's a one-off order, bursting with custom options that aren't standard for the 330GTC purist. From its 4 non-standard custom tweaks, the black leather steering wheel stands out, making it a statement piece.

  • Purist's Puzzle: These unique features, while setting the car apart, might've been its very challenge. Giving the Ferrari its unique essence, they perhaps raised a few traditionalist eyebrows, potentially holding back some bids.

Gossip Corner 📰:

  • Jackie Kennedy Whispers: Rumor has it that Jackie Kennedy once graced this car. But here's the twist - there's no photographic evidence to back up that juicy tidbit! 📸

  • Snapshot Overload: And speaking of photos, with a whopping 2466 pictures in the listing, it's a veritable feast for the eyes. A visual journey like no other!

Deep Dive 🧐:

  • Auction Adventures: Twice listed during the summer, this car had its share of limelight. And the suspense at Monterey? Almost palpable when bids froze well below the $700k-$900k mark & finished at $568K.

Heart & Soul 🚀: Its heart? A roaring 4.0-Liter Colombo V12 engine and triple Weber carburetors. It's not just about the looks; this beauty's got the spirit of a champion.

My Verdict 💬: This Ferrari is a blend of history, bespoke features, and undeniable allure. For the lucky buyer, it's a treasure trove. For the rest, a lesson in the unpredictable world of auctions and the intriguing dance between tradition and innovation.

Who do you think did better, the seller or the buyer?

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🔌🚗 2023 Lucid Air Touring: An Electric Bargain Like No Other! 🚗🔌

Absolute Steal 🤑:

  • Price Point: Someone's scored BIG! At a mere $84,000, this electric marvel has been snagged for a fraction of its original MSRP of $130,550. Talk about a deal!

Lucid Lovers Speak Up 🗣️:

  1. Electrifying Experience: Anyone and everyone who's had the pleasure of driving or owning a Lucid Air can't stop raving about it. The consensus? It's a game-changer.

The Vibrant Vibe 🌈:

  • Color Me Red: Zenith Red on the outside, Santa Cruz on the inside – this Lucid is a looker. And with its XPEL paint protection film, it's ready to resist the elements... though it seems it's had a few minor encounters along the way.

Tech & Tidbits 🛠️:

  • Packed to the Brim: Dual electric motors with a punchy 620 horsepower, a whopping 384-mile range, and features galore – from the 34-inch Glass Cockpit system to the Lucid UX infotainment system. Oh, and did we mention the DreamDrive Pro with future-ready hardware for semi-autonomous driving?

  • The Lucid Legacy: Born in Arizona and crafted by the California-based Lucid Motors, the Air is their answer to luxury electric sedans, challenging giants like Tesla's Model S. With its French-inspired design and a focus on luxury, it's not just a car; it's an experience.

My Hot Take 💬: This Lucid Air is a masterpiece of modern electric automotive engineering. At its selling price, it's not just a great deal; it's a steal! Sure, it has a few bumps and scrapes, but they're just battle scars on an otherwise impeccable machine. With a starting price slashed by almost $50k, the buyer's got themselves a top-tier electric ride without the top-tier price.

CATCH UP ON YESTERDAYS HIGHLIGHTED CARS

In yesterday’s newsletter I highlighted six very unique auctions ending this week. Two of those auctions ended yesterday, with 1 sold and 1 unsold, see below.

HAS THE FLIP MARKET DRIED UP 🤔💰

Well, if yesterday's sale of the 2023 Toyota GR Supra Premium 6-Speed is any indication, I'd say it's still alive and kicking! Sold for a neat $68,000, the seller pocketed a respectable $9k profit from its original retail price. Sure, it's not the biggest flip we've seen, but in the realm of car flipping, every profit counts, right? 💸🚗

Let's dive into the details of this beauty:

2023 Toyota GR Supra Premium 6-Speed 🏁

  • 🛣️ Only 39 miles on the odometer!

  • 🎨 Painted in a striking 'Absolute Zero' shade.

  • 🚀 Powered by a turbocharged 3.0-liter inline-six, paired with a six-speed manual transmission.

  • 🎵 Equipped with a 12-speaker JBL sound system, 8.8" touchscreen infotainment with Apple CarPlay, and Bluetooth connectivity.

  • 🌟 Additional features include an Adaptive Variable Suspension (AVS) system, four-wheel disc brakes with Supra-branded Brembo front calipers, and a lush black leather interior.

The seller ensured this Supra was loaded with features, including a head-up display, heated power-adjustable sport seats, dual-zone automatic climate control, and carbon-fiber interior trims. With the car's pristine condition and the lingering scent of 'new car', it's a wonder it didn't go for more!

Now, for those who think this flip was a fluke, just wait till you see the next one. My belief stands firm: the flip market still has some juice left in it. So, for all the potential flippers out there, keep your eyes peeled and your bids ready! 🕶️🔍💼

The 2023 Chevrolet Corvette Z06 Convertible 3LZ 70th Anniversary Edition, a limited edition beauty, was auctioned off for a hefty $181,000 yesterday. The MSRP was $150,500. That's a cool $30.5k over its original price! 🔥💰

Dive into the details:

2023 Chevrolet Corvette Z06 Convertible 3LZ 70th Anniversary Edition 

  • 🛣️ Just 1,100 miles on the clock.

  • 🎨 Dressed in 'White Pearl Metallic Tricoat.'

  • 🚀 Powered by a 5.5-liter LT6 V8, pushing out 670 horsepower.

  • 🌌 Features like LED headlights, Magnetic Selective Ride Control, Brembo carbon-ceramic brakes, and a power-retractable hardtop seal the deal.

  • 🌟 Luxurious 'Ceramic White and Jet Black' leather interior.

  • 🎖️ Exclusive 70th Anniversary badging and wheel center caps to showcase its limited-edition status.

This Corvette isn't just a car; it's a statement. An embodiment of American craftsmanship, and a reminder that the flip market is far from stagnant. If anything, the hunger for exclusive, high-performance vehicles is very much alive and kicking! 🍒🎂

While the Supra showed us there's still room for decent profits, this Corvette is shouting from the rooftops that the flip market is thriving! As always, numbers do the talking, and these cars are speaking volumes. Keep those eyes peeled; the market is always full of surprises! 🍿🎥

VROOMY READS

No need to go scouring the internet for the latest cars news. Here at the Daily Vroom, we've done all the hard work for you.

Sit back, relax, and enjoy the most captivating reads in the automotive world. Happy reading!

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