👀Why This Spyker C8 Spyder Didn't Sell

📣 PLUS: A Special Ask From Me!!

The Daily Vroom

Hey Vroomers! 👋

I hope you’re enjoying these daily updates as much as I love creating them. Before we dive into this edition’s exciting content, I have some special news to share with you.

We’re on the brink of something big! Over the past 8 months, you’ve watched us grow, and thanks to your support, we have 10,000+ subscribers, including many esteemed industry leaders. Now, we’re gearing up to take The Daily Vroom a step further.

Behind the scenes, I’ve been nurturing a business idea that springs from this very newsletter. (not an auction site!) The feedback so far? Super positive. But here’s the catch – to transform this idea into reality, we need some additional firepower. 🚀

I’m currently exploring avenues for fundraising and seeking connections with like-minded folks who are excited about innovation in this market. If you, or someone in your network, might be interested in a venture like this, or if you have any pearls of wisdom to share, I’m all ears!

Your insights, connections, and support could be the key that unlocks this new chapter. Feel free to reach out ([email protected]) – whether it’s about this new venture, feedback on the newsletter, or just a quick hello. We’re more than a newsletter; we’re a community.

Thanks for being with me every step of the way. Now, let’s get to the good stuff in this edition...

Sam

And by the way, the newsletter is never going away 😀

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, Hemmings and many others did not sell 5 cars yesterday!

Today's auction scene was a smooth ride with total sales hitting $5.8m That's just slightly over our usual Monday benchmark of about $5.5 million. Sure, it's not a massive surge, but it's a healthy sign of a robust and active market.

Diving into the details, it was the stunning 1970 Iso Grifo Series I Targa that really revved up the action. This rare gem didn't just roll off the auction block; it roared off with a last-minute $50,000 bid increase, ultimately fetching a decent $550,000. I think if a proper restoration follows this could be fetching $1m+ if it ever comes back up again.

The variety on display was nothing short of impressive, with 38 different makes and 81 unique models. This diversity is a clear indicator of the wide-ranging tastes and interests in the car collector world.

Brands like Ferrari and Porsche continued to flex their muscles. Ferrari's sleek designs commanded an average selling price of around $186,000, while Porsche, with its timeless 911 models, hovered around an average of $97,130. And let's give a nod to Cadillac and Shelby too, who proved that classic American luxury and muscle never go out of style with some pretty cool sales.

YESTERDAY’S TOP 5 SALES

Click on the image to be taken directly to the listing.

Quick Feedback

Remember in yesterday's newsletter when I asked about your predictions for December's sales – whether they'd go up, down, or stay the same? Well, the results are in, and they're pretty fascinating!

Most of you leaned towards things staying steady. But here's a twist – quite a few of our readers who work at auction sites reckon we'll see a dip in sales. And since they're from different sites, that's saying something, right? I’m thinking they've got the inside scoop on what's coming down the pipeline and maybe a bit of historical know-how from past years.

Guess we’ll just have to wait and see! I'll be sure to fill you in come January and let you know which way the sales winds actually blew. Stay tuned!

AUCTIONS UNDER THE RADAR

There's a ton of car auctions going down every day – it's impossible to keep tabs on all of them, right? But don't sweat it, I've picked out a few cool ones (each one from a different platform) that might've flown under your radar. Just give a click on the pictures, and you'll zoom straight to the auction details. Don't miss out!

NEARLY SALE OF THE DAY

So, this utterly gorgeous 2006 Spyker C8 Spyder didn't quite hit its reserve yesterday. Leaves us wondering, why? Let's do a little detective work, shall we?

Comparing it to a similar Spyker that sold back in February for a cool $373k, the first thing that jumps out is mileage – the February Spyker had slightly fewer miles on the clock. But here's a kicker: the previously sold Spyker had a YouTube review by Doug DeMuro that racked up a whopping 700k+ views. Meanwhile, our nearly-sold Spyker from yesterday, despite a solid review from another member of the C&B team, only attracted about 25k views. Makes you think, doesn't it?

Sure, there's the usual stuff like color preference and some different mods. But I can't help but ponder over the Doug effect. His reviews seem to give cars a leg up in the market, thanks to the massive exposure. I’m not saying a Doug review is a surefire sale ticket, but it definitely seems to boost the odds. I've been mulling over how the folks at C&B pick which cars get the Doug treatment. Location's got to be a major player in that decision, right?

If I were selling a premium ride (and let's not dive into what 'premium' means right now), I'd seriously consider shelling out extra for a Doug review. How much more, though? Well, that depends on the wheels we're talking about. Also, just a heads-up, this isn't a scalable idea I'm throwing out here. Just jotting down some thoughts, you know?

What do you think? Does a Doug review give your vehicles a much better chance at a sale?

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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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