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 and many others did not sell 5 cars yesterday!

What in the auto-world is happening? Two consecutive days and the online car auction scene is buzzing with some serious action from various platforms.

Breaking tradition, Cars & Bids isn't sitting pretty in the second spot this time. Instead, Car & Classic has stepped up to the plate, selling a whopping 29 vehicles with a commendable sell-through rate of 64%. Hats off to them! But, don’t get too comfortable with those numbers; I'm betting my bottom dollar we won’t see a repeat performance from Car & Classic this week as their listings take a nosedive.

Still, you've got to give credit where it’s due: 175 vehicles listed this week (Mon-Fri) is nothing to sneeze at. Meanwhile, Collecting Cars isn’t far behind with 190 listings (Mon-Fir). They just need a little nudge to boost their sell-through game.

And while they may have sold fewer cars than Car & Classic, the price tags on those vehicles? higher than Car & Classic selling less than 50% vehicles!! Makes you wonder how their revenue stacks up. But that's a topic for another time. 😀

In yesterday’s update, I pointed out that BaT's premium auctions had a selling rate of just one out of four listings for the previous day. While it’s tempting to analyze these results on a day-to-day basis, it’s crucial to remember that such a small sample size doesn’t provide a statistically significant foundation to draw reliable conclusions. Just to illustrate this point, both of BaT's premium auctions ended without a sale yesterday. However, it’s important to emphasize that with such limited data, numerous factors could be at play here.

So, instead of continuing with daily updates, which may not offer the robust insights we’re looking for, I’ve decided to take a step back and compile a much larger dataset. By doing so, I aim to conduct a comprehensive analysis that can reveal any meaningful trends or insights worth sharing. Stay tuned for a deep dive into the world of premium auctions with a more substantial and reliable set of data!

I thought I’d do things a little different today as the the top 10 sold cars yesterday came from a variety of different platforms.

Let's cut to the chase. The chart above? That’s where the action was in the online auction space yesterday. Take a gander at the top 10 cars that found themselves new driveways to call home.

The 2014 Lamborghini Aventador didn’t just top the chart; it obliterated it with a closing bid of $291,300. Meanwhile, the 2017 Rolls-Royce Wraith proved that elegance still has a seat at the table, even if it’s at the kiddie section.

Porsche was strutting its stuff with three models making the cut. Not too shabby. And hats off to the folks at PCarMarket and Collecting Cars. Clearly, they were doing something right yesterday.

So there you have it. Ten cars, a few hundred grand each, and a whole lot of horsepower. Just another day in paradise for us gearheads.

Singer Vehicle Design is renowned for their exquisite modifications of Porsche vehicles, transforming them into bespoke masterpieces that blend classic aesthetics with modern performance. Their work is highly respected in the automotive community for its attention to detail, quality craftsmanship, and the unique blend of nostalgic design with cutting-edge technology.

I decided to delve into this fascinating world of modified Porsches after observing that a 1990 Porsche 911 Carrera 2 Coupe by Singer didn’t manage to find a buyer, despite a lofty bid of $955k. It's hard to question the sheer beauty and craftsmanship of Singer’s work, leading me to believe that perhaps the car just didn't reach the right audience.

However, it also raises questions about the current market dynamics. Are potential buyers leaning more towards performance-oriented options like a GT3? Or does it have something to do with the build quality that other manufacturers are offering? Furthermore, could the mileage on the Singer Porsche be a deterrent given its asking price? While these questions linger, I have a hunch that this car will find a new home elsewhere, and quite deservedly so. One further point on this particular listing which is a pet hate, the seller didn’t get involved in the comments section. For any sale, especially one that is 7 figures, the seller has to be all over the listing like a nasty rash!!

The chart above illustrates the varying sale prices and success of Singer modified Porsches over the last two years. It’s evident that these cars command a premium, reflecting their bespoke nature and the craftsmanship that goes into each build. The cars that found buyers were sold in a price range from around $350k to $1.3 million, showcasing the diversity in offerings and the willingness of buyers to invest in these rolling pieces of art.

In conclusion, while not every Singer Porsche finds a buyer immediately, the trend indicates a strong market presence and sustained interest in these unique vehicles. The journey of each car is a story in itself, and the allure of Singer’s work continues to captivate automotive enthusiasts around the globe.​

Earlier this week, I delved into the topic of several 2023 vehicles that were put up for sale—ostensibly for all the right reasons, with profit-making surely being the last thing on the sellers' minds, wink wink 😉. Now, as we take a look back, let’s see how those listings fared and find out the outcomes for the ones that have concluded.

First up is this 2023 Porsche 911 (992) Turbo S which ended with lots of bids, but no sale ❌.

Next up on the auction block was this beautiful 2023 Porsche 992 GT3 Touring. Bidding ended at $260,000 and was sold ✅.

Here we have the 2023 BMW M850i xDrive Gran Coupe The 8 x Jeff Koons.

The highest bid on this one was a surprising $215,000. It did not sell ❌.

Tracing the journey of this particular vehicle, we find that it made its appearance on BaT back in February but didn't manage to secure a buyer, despite the bidding reaching $250,000. Interestingly, it appears to have changed hands elsewhere, accumulating an additional 4 miles on the odometer in the process. Fast forward to its recent reappearance on BaT, and the outcome was somewhat perplexing—the highest bid fell short by $35,000 compared to its previous stint in February! Is the market falling/steadying out?

🔥  2006 Ferrari F430 Spider

Link to auction here.

Oh, brace yourselves, car enthusiasts and Ferrari aficionados, because what we have here is nothing short of extraordinary! Feast your eyes on this 2006 Ferrari F430 Spider, a masterpiece of automotive engineering and design. With its sleek black exterior and equally luxurious black interior, this car is the epitome of style and sophistication.

Now, let’s talk about what makes this car truly special - its remarkably low mileage. Can you believe it has only ~400 miles on the odometer? It’s as if this car has been frozen in time, waiting for the perfect moment to hit the road and unleash its full potential. This is an extremely rare find, and for collectors and enthusiasts alike, this is an opportunity that simply cannot be missed.

Under the hood lies a powerful 4.3L V8 engine, paired with a 6-speed automatic transmission that ensures a smooth yet exhilarating driving experience. And with rear-wheel drive, you know you’re in for a thrilling ride. The Daytona-style seats add an extra layer of comfort and luxury, ensuring that every drive is a memorable one.

But that’s not all - this car comes with a clean Carfax report and has been owned in California since new. It’s a two-owner car, and with no modifications, it remains true to its original form, just as the designers at Ferrari intended.

Go on - buy it and then PLEASE drive it. Enjoy a car of this quality, it deserves to be driven!!

2019 Porsche 911 GT3 Touring 6-Speed

Link to auction here.

🚀 Embrace the extraordinary with this 2019 Porsche 911 GT3 Touring, a stunning masterpiece with a mere 10k miles. This car is not just a vehicle; it’s a vibrant expression of style and performance or something like that 😀!

💙 Miami Blue Magic: The Miami Blue exterior is nothing short of breathtaking, a hue that captures the essence of luxury, speed, and freedom. This is not your everyday blue; this is Miami Blue – vibrant, bold, and utterly captivating. It’s a color that doesn’t just make a statement; it tells a story of elegance and passion.

💛 Yellow Accents – A Killer Combination: Adding to the allure are the striking yellow accents, particularly the Porsche-branded brake calipers peeking through the 20" center-lock alloy wheels. This killer combination of Miami Blue and yellow isn’t just rare; it’s a visual symphony, creating a contrast that’s both eye-catching and elegant. It’s a duo that speaks volumes about the car’s performance capabilities while maintaining a level of sophistication that is undeniably Porsche.

💰 Reflecting Excellence – A Window Sticker Price to Match: With a window sticker price of $189,080, this GT3 Touring is an investment in unparalleled performance and unrivaled style. Every dollar spent is a commitment to the Porsche legacy, a legacy that is vividly brought to life with this vehicle’s stunning color palette and top-tier features.

🏎️ Power and Grace: Beneath the hood, the 4.0-liter flat-six engine, paired with a six-speed manual transaxle, promises a driving experience filled with intensity and precision. The inclusion of the Sport Chrono Package, Porsche Ceramic Composite Brakes, and Porsche Torque Vectoring ensures a ride that is as smooth as it is thrilling.

🎶 Luxury Inside and Out: Inside, the black leather and cloth upholstery provide a subtle, sophisticated contrast to the vibrant exterior, while the PCM with navigation and Bose Sound System offer connectivity and entertainment at your fingertips. The heated power-adjustable seats ensure comfort, making every journey in this GT3 Touring a luxurious escape.

In summary, this 2019 Porsche 911 GT3 Touring is a visual masterpiece and a high-performance marvel. How can you not be enamored with the Miami Blue exterior, highlighted by stunning yellow accents?? I know, I am!

768-Mile 2022 Ferrari SF90 Stradale

Link to auction here.

🚗 Revolutionizing Supercars: Step into the future with this mesmerizing 2022 Ferrari SF90 Stradale, a mere 768 miles young and brimming with innovation and Italian craftsmanship. Experience the pinnacle of performance and luxury combined, creating a driving experience like no other.

🎨 Sophisticated Elegance in Grigio Silverstone: Dressed in the sophisticated Grigio Silverstone, the SF90 Stradale exudes a timeless elegance and formidable presence. This color is not just grey; it’s a statement, a subtle nod to the power and grace that lies beneath the hood.

💪 Unparalleled Performance: With a heart-stopping 986 HP hybrid powertrain, this SF90 Stradale redefines what it means to be a supercar. Accelerating from 0-60 mph in a mere 2.5 seconds, it offers performance that’s as thrilling as it is effortless.

🌟 Luxury Meets Innovation: Inside, you’re greeted by luxurious Daytona-style seats in a rich Bordeaux leather, perfectly complemented by Alcantara upholstery. The carbon fiber Driver Zone with LED rev indicators adds a sporty touch, ensuring you’re in full control of this powerhouse.

🏎 All-Wheel Drive & Hybrid Technology: As the first mid-engine Ferrari with all-wheel drive and a hybrid electric drivetrain, the SF90 Stradale stands at the forefront of automotive innovation. It promises not just incredible speed, but also a driving experience that is responsive, engaging, and truly one of a kind.

🛡 Protected Perfection: Every inch of this SF90 Stradale is preserved under clear paint protection film, ensuring that its stunning exterior remains as flawless as the day it left the factory. Paired with a clean CARFAX report, this Ferrari is a certified testament to perfection.

🔧 Full Factory Warranty & Certified Pre-Owned: Enjoy complete peace of mind with a full factory warranty in effect until 8/26/2027, covering both scheduled service and unexpected surprises. As a Certified Pre-Owned vehicle by Ferrari of North America, this SF90 Stradale meets the highest standards of quality and performance.

Current bid as of 11.23pm Tuesday evening is $420,169. I can see it climbing in the last 5 minutes.