Why Ferrari Was the Alpha Yesterday

PLUS: A Porsche Collection So Deep You’ll Lose an Hour Browsing It...

The Daily Vroom

Good morning Vroomers!

Ferrari stole the spotlight yesterday with three of the day’s biggest results, and we’ve pulled out one more standout Ferrari as today’s Sale of the Day.

And as promised, we’re also diving into a seriously special Porsche collection that offers something for every kind of Porsche fanatic.

Want to dive deeper into any of these listings? Just click on the car to take you directly to the listing.

2004 Ferrari 360 Challenge Stradale 6-Speed Conversion $493,000 (11,900 miles)

2009 Lamborghini Murcielago LP640 Roadster $229,930 (2,898 Km)

1989 Ferrari 348 TS $190,000 (14k miles)

1991 Porsche 911 (964) Turbo 3.3 $185,600 (103,000 km)

1986 Ferrari Testarossa 'Monospecchio' $182,000 (76,130 km)

Sale of the Day

If you want to understand where the Ferrari 458 market really is, you do not look at the museum pieces. You look at a car like this one.

A 2010 Ferrari 458 Italia. Nero over Nero. Carbon racing seats. Carbon ceramic brakes. Fabspeed Maxflo exhaust. Nearly 46,000 miles. A rebuilt title. And it just sold on Cars & Bids for $136,500.

On paper that sounds like a tough combination. High miles and a branded title on a modern Ferrari should be a recipe for a soft result. Instead the auction turned into a proper fight.

Here is why, this was not a mystery salvage car. The big difference with this one is that the story was clear. The 458 hit a tree in 2010 at just 318 miles and was declared a total loss. That is usually where most people stop reading.

But then you see the rest of the timeline. The current seller bought it repaired in 2015. He kept it for roughly ten years. Drove it to 45,800 miles. Serviced it regularly. Took it on rallies. Used it like an actual car, not a financial instrument. That is a very different narrative from the usual “flipped three times and hiding in a warehouse” salvage story.

The comments reflected that. Multiple bidders had spoken to the seller and to his shop. People who saw the car and the records came back into the thread to vouch for how it presented. The excellent seller answered everything. Brakes. emissions. carbon buildup. financing. insurance. accident details. He posted extra photos and videos, detailed paint flaws, and even had the car clay barred and detailed before the end. You could feel the confidence.

The spec helped a lot. If you are going to buy a rebuilt 458, this is the way to do it. Nero over Nero is always going to age well. The car had the carbon fiber racing seats, interior and exterior carbon packages, and the ceramic brakes with yellow calipers. It sat on BC Forged wheels. The exhaust, CarPlay module and audio upgrades were all in the “enthusiast friendly” bucket rather than cheap shortcuts.

So the buyer is not just getting a ‘discount’ 458. They are getting a well optioned 458 that already has the expensive toys bolted on. That matters when people start checking what else they can buy at a similar number.

Midway through the auction the seller decided to switch to no reserve. That is always a signal. It tells the room that the seller is truly ready to let the market decide. From that point on the tone shifted from cautious questions to proper popcorn watching.

Bidding climbed into the 130s with a familiar late push. There were real numbers on the screen, not just cute increment games. The comments made it clear that everyone understood what they were looking at. A driver quality 458. Branded title. Long-term owner. Sorted. High miles, but honest miles.

Is $136,500 a lot for a rebuilt 458? Yes and no, which is exactly what makes this such a useful data point.

Some people in the thread called it wild money for a branded title Ferrari. Others pointed out that clean title 458s with similar miles and nowhere near this spec are now living closer to the 170 to 180 range. One recent clean title car with similar mileage reportedly stalled at $140k and did not sell.

If you believe that story, then this result feels like roughly a 15 to 20 percent discount for the salvage history. That is not cheap, but it is also not insane for a car that has proved itself over tens of thousands of miles and presents well.

This is exactly where the 458 driver market wants to be. The best low mile, clean title cars are on their own trajectory. Speciale and Aperta prices are already in the stratosphere and pulling the top end up with them. That leaves high mile and branded title cars as the on ramp for people who actually want to use the thing.

This sale worked because the seller treated the audience with respect. He gave them the whole story, not just the glossy bits. The car itself did the rest.

For $136k the buyer gets a sorted, loud, properly spec’d 458 that can be driven without staring at the odometer. The seller gets a very strong number for a rebuilt title car.

That is a win on both sides. And a very interesting data point for where the modern Ferrari market is heading.

A Proper Hagerty Collection

We all know Hagerty as the collection platform. Sure, they run plenty of standalone listings, but when it comes to full collections, this is where they shine. And the next one on deck might be one of the most significant they have ever hosted.

The David Glenn Porsche Collection is now live and will start ending on December 8. If you know the Porsche world, his name needs no introduction. If you don’t, here is the short version. Glenn was one of the quiet giants of the air-cooled universe. A master engine builder. A restorer. A historian. A problem solver. The guy other experts called when they needed answers.

The entire collection is spread across 74 individual lots and you can see them all here. Cars, engines, gearboxes, tools, cabinets, hardware, racing equipment, memorabilia. It is everything Glenn accumulated and perfected over decades. This is not a random assortment. It is a Porsche ecosystem built by someone who lived these cars every single day.

The scale is staggering. It took six tractor-trailers to move it all. And many of the lots are the kind of pieces that almost never surface. Original gauges. RUF-related parts. Rows of air-cooled flat-six components. Workshop equipment you normally only see tucked away in legendary independent shops. Even Glenn’s own long-time Targa is included.

Most collections look curated. This one looks lived. And that’s what sets it apart. Hagerty’s strength with collections is simple. They let the story breathe. They let the depth speak for itself. You can scroll through these 74 lots for an hour and still feel like there is more to discover.

If you are a Porsche person, this is as close as you will ever get to walking through the workshop of a man who helped shape the modern air-cooled world.

It is all no reserve. It all starts closing December 8. And if you care about Porsche history, this is one worth watching.

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