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- 💰 Ultra Rare Camaro Fetches $260k
💰 Ultra Rare Camaro Fetches $260k
PLUS: The intriguing auction of 1954/5 Mercedes-Benz 190SL
The Daily Vroom
Good morning Vroomers,
A big welcome to our new members who joined us over the weekend.
Let's dive straight into today's edition.
If you're anything like me, you probably find yourself spending a considerable amount of time delving into the comment sections across various auction platforms, each offering a unique experience. One comment, in particular, recently caught my attention: 'great buy on a Sunday (the slowest and best day to be a buyer).' It's a phrase I've encountered repeatedly, and I must say it's not entirely accurate. In fact, I've previously addressed this misconception in-depth which you can read here, even as recently as November.
What holds true is that during the weekend, we may not see the same high volume of auction listings as on other days. However, it's worth noting that despite this, we witnessed an impressive $5.2 million worth of incredible vehicle sales over the weekend, see below.
WEEKEND TOP 5 SALES
Alright, let's delve into the top sales from the weekend. There's quite a bit to discuss, and trust me, these cars are nothing short of stunning, especially that Shelby. However, what's really making waves in my world – and I bet in yours too – is the jaw-dropping $260,000 sale of that Camaro (with an original MSRP of $89k). Now, this car is as rare as they come, and it's a testament to the fact that when someone sets their heart on a particular vehicle, they can easily surpass what we all consider the 'fair market value.'
In this instance, it's a win-win situation. The buyer is undoubtedly over the moon, describing it as 'a rare opportunity to pair it up with a recently purchased Panther edition convertible.' So, kudos to the seller for this incredible deal, and congratulations are in order all around!
To view the listings, just click on the car.
A Pre-Production Gem Slipped Through BaT's Fingers: But is that the whole story?
The recent auction of this ‘54 Mercedes-Benz 190SL wasn't your average BaT auction. It was a showcase of automotive history, a right-hand drive pre-production 1954 Mercedes-Benz 190SL, a car so rare it could make even Jay Leno drool. The bidding went wild, flirting with the reserve price with a high. bid of $285,000 but ultimately, the gavel never slammed down. The seller, with a sly wink, announced, "She's spoken for!" leaving us all wondering – what happened?
Now, some might say the RHD conversion scared off potential buyers. But hold on a minute. This wasn't your run-of-the-mill granny's grocery getter. It was a one-of-a-kind piece, a historical artifact whispering tales of the 190SL's genesis. And let's not forget BaT's stellar presentation – they put this beauty center stage, generating a buzz that resonated across the globe. But what they ended up with was a big fat zero.
It's clear: BaT nailed its role but ended up without its due reward. We've hashed this out before: platforms like BaT should rightfully earn a slice when a post-auction deal is struck, especially when they've facilitated the connection. It seems the seller and the top bidder, brought together by BaT, reached an agreement close to the final bid. Keep an eye on 2024, as BaT is likely to tweak its approach to secure its share in such scenarios.
But let's not dwell on the missed fee. This story is about the car itself, a rolling testament to Mercedes-Benz's legacy. Imagine cruising down the coast in this meticulously restored marvel, the wind whipping through your hair, the unique RHD setup adding a touch of mystery. This isn't just a car; it's a conversation starter, a collector's dream, and a living, breathing piece of automotive history. And the car may very well end up a museum piece.
And this, my friends, is the true power of online platforms. They're opening the doors to a wider audience, connecting passionate car enthusiasts with once-in-a-lifetime finds. As one bidder commented ‘Why would a seller pay any of the traditional auction houses their outrageous fees when knowledgable buyers and commenters around the world are participating on BaT every day’.
Continuing from my earlier point about the significance of not overlooking the 'commission of the deal,' I'd like to give a shoutout to a website that pretty much nails it, scoring a whopping 99% in this regard. Hold on for a moment, though, as I'll reveal the 1% that needs a little fine-tuning at the end. The star of the show is none other than Cars & Bids.
Let me paint a clear picture using a real example. I recently came across a 2004 Porsche 911 Carrera 4S Coupe, and it certainly caught my attention. This beauty received the highest bid at $41,500, but when I compared it to similar models in terms of specs and mileage, it was clear that it fell a few thousand dollars short of its market value.
Following C&B's guidelines, they reached out to both the seller and, interestingly, only the highest bidder, who happened to go by the name NickyP. It didn't take long for NickyP to share their excitement, stating, 'I'm absolutely thrilled about getting my hands on this car. The video showcased its incredible features, and I can't contain my anticipation to hit the road in it!' I’m sure that C&B charged a fee for facilitating this initial connection, and personally, I believe it's the right way to handle it within the industry. As for that 1% to fine tune it. It would be lovely to see what the final price is.
Daily Auction Spotlight
One thing you've asked me to highlight is the wide array of cars available for auction across the internet, and that's exactly what I'm about to do. But for today, let's put the spotlight on Porsches – they're the top dogs when it comes to online sales. Take a look at these four stunning Porsche models, ranging from a classic '94 to the latest '23 editions. Porsche mania, right here, right now!
2023 Porsche 911 Targa 4S: 443-hp, AWD, Sport Chrono, Targa elegance.
1994 Porsche 911 Turbo S 3.6: Rare, 14k miles, iconic X88 power, collector's gem.
2019 Porsche 911 Speedster: 63 miles, 502 HP, carbon fiber details, highly spec'd.
1998 Porsche 911 (993) Carrera Cup: German title winner, driven by Dirk Müller, road-legal, rare collectible with championship pedigree.
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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6:35 PM • Feb 2, 2024
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