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šRemarkable Sales In May š
AND: Ferrari sales & a yellow Rolls-Royce turning heads š
Sam Gold
June 01, 2023
The Daily Vroom
Today, we're turning up the dial and diving into the world of high-end sales. We're leaving the realm of affordable rides behind and shifting our focus to the land of luxury, where price tags reach for the stars! Picture yourself window shopping on the glamorous Rodeo Drive, drooling over the extravagant rides that make heads turn and hearts skip a beat. It's time to indulge in the posh side of the automotive world. And guess what? We've got a surprise in store for you: there's a whole range of platforms selling these high-priced beauties, adding a dash of excitement to the mix.
I live just a short stroll away from the infamous Rodeo Drive. Okay, maybe not exactly on the doorstep,(45 mins walk) because the prices there are absolutely bonkers! But hey, I can't resist sneaking Rodeo into my daily jog, which has recently become my weekly jog, I need to step it up!
It's like stepping into a whole new world of fancy cars and luxury boutiques. And you know what steals the spotlight every single time? This stunning, eye-catching 2008 Rolls-Royce Phantom Drophead in a vibrant yellow hue! It belongs to one of the shopkeepers around here, and let me tell you, this car is the definition of show-stopping. Whenever I walk by, it's like a burst of sunshine on the street, turning heads left and right.
Is this Rolls-Royce |
MONTHLY ANALYSIS
As we transition into June, I couldn't wait to share a sneak peek of the remarkable performance in May. While a more detailed analysis of the entire month is coming up, I want to kick things off by highlighting the top 10 highest selling cars that stole the show. Brace yourselves for an exhilarating rundown of May's automotive powerhouses! ššØš„
2019 McLaren Senna - $1,286,000: š The top earner of the month was the supreme track machine, the McLaren Senna. This model, auctioned on Bring a Trailer, is a perfect blend of extreme performance and exclusivity, earning over a whopping $1.2M.
2019 Ford GT Carbon Series - $1,013,000: Coming in second, also from Bring a Trailer, was the Ford GT Carbon Series, demonstrating the enduring popularity and value of the modern Ford GT.
2012 Lexus LFA - $830,000: Another gem from Bring a Trailer, the Lexus LFA represents the pinnacle of Lexus performance, highlighting Japanese engineering prowess.
1974 Ferrari Dino 246 GTS Chairs & Flares - $690,000: An iconic Ferrari with a desirable Chairs & Flares configuration, this classic was yet another hit on Bring a Trailer.
š„HIGHEST EVER SALE -1988 Lamborghini Countach LP5000 Quattrovalvole - $675,000: A symbol of 80's excess, this Lambo sold on Cars and Bids showcased the brand's signature audacious style.
2006 Ford GT Heritage Edition - $614,000: Another GT model on the list from Bring a Trailer. This Heritage Edition pays tribute to the iconic GT40 race car.
2019 Porsche 911 GT2 RS Weissach - $585,000: Renowned for its track-ready performance, this 911 model fetched a substantial price at PCARMARKET.
2019 Aston Martin Vanquish Zagato Shooting Brake - $500,000: This ultra-rare Aston Martin, offered by PCARMARKET, proved that exclusivity and style are still hot commodities.
2014 Ferrari 458 Speciale - $538,800: A fan favorite for its thrilling performance and classic Italian styling, this Ferrari model sold well on Bring a Trailer.
2005 Ford GT - $505,000: Rounding out the list on Bring a Trailer is yet another Ford GT, demonstrating the sustained interest in this modern classic.
šÆ The average sale price of the top 10 was $723,00. Compare that to April and the average selling price was $596,000.
š There were two 1m+ sales in May vs zero in April.
š°In May, 7 of the top 10 cars were sold on BaT, two on PCarMarket & 1 on Cars & Bids. Compare to April, where 9 were sold on BaT and 1 on Collecting Cars.
Randomly 4 of the top 10 were 2019 cars, but all different makes, so no correlation there.
FERRARI MAY SALES
š As a true aficionado of Italian automotive excellence, I couldn't resist exploring the world of online auctions to uncover some stunning Ferrari models. Living in LA, Iām seeing more Ferrariās than Lamboās. Are they more popular, more affordable?
Average Prices by Decade:
1970s Ferraris: Average price of $357,333
1980s Ferraris: Average price of $91,769
1990s Ferraris: Average price of $72,000
2000s Ferraris: Average price of $116,333
2010s Ferraris: Average price of $211,058
2020s Ferraris: Average price of $426,726
Highest Sales by Decade:
1970s Ferrariās: 1974 Ferrari Dino 246 GTS Chairs & Flares ($690,000)
1980s Ferrariās: 1989 Ferrari Testarossa ($163,500)
1990s Ferrariās: 1993 Ferrari 512 TR ($252,000)
2000s Ferrariās: 2009 Ferrari 430 Scuderia Spider 16M ($339,995)
2010s Ferrariās: 2014 Ferrari 458 Speciale ($538,800)
2020s Ferrariās: 2021 Ferrari SF90 Stradale ($451,453)
This collection of Ferraris showcases a wide range of iconic models from different decades. From the timeless Testarossa and Dino models of the 1970s to the modern and high-performance 488 and SF90 Stradale, each Ferrari represents the passion and craftsmanship of the brand. Whether it's the classic manual transmission or the advanced automatic options, there is a Ferrari for every enthusiast.
To really dive deep into the weeds, I also spent too many hours analysing sales in April. I wonāt bore you with all the details, but I will tell you that the average price on nearly all models was slightly higher in April. The overall average sale price in April was $171,508 and in May $152,766. Are Ferrari prices dropping?
Which is your favorite decade of Ferrari? |
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