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 Hemmings and many others did not sell 5 cars yesterday!

We didn't catch the million-dollar sale that went down yesterday – you'll find the details below – but we did witness an impressive $6 million worth of vehicles changing hands, which is pretty remarkable. The auction scene remains vibrant with more high-end sales concluding today, along with some unique and quirky ones. The pace of sales certainly isn't slowing down!

Each of the top five cars from yesterday's auctions is a story in itself, worthy of individual attention.

Take, for instance, the two 2005 Ford GTs that were sold. Both had comparable mileage, yet their selling prices were notably different. The red Ford GT, part of the George Foreman collection, surprisingly didn't fetch a premium price, which I found intriguing. This, I believe, underscores the impact of the auction platforms themselves. The red GT, sold on Hagerty, couldn't match the exposure offered by Bring a Trailer, which facilitated the sale of the white GT.

However, the viewing statistics paint a curious picture: Hagerty's listing for the red GT shows 43,000 views, compared to BaT's 14,000 for the white one. This discrepancy in numbers seems odd to me – could it be that Hagerty's view count started at 40,000? 😉

2005 Ford GT $360,000

1970 Ford Mustang Boss 429 $325,000

2019 Porsche 911 GT3 RS $231,000

1996 Porsche 911 Turbo $223,000

While the Lexus LFA Nürburgring Package I mentioned earlier didn't hit the expected heights at auction, the ongoing Bring a Trailer auction for a 2014 Pagani Huayra is shaping up to be a once-in-a-lifetime event. With the current bid already at $2.4 million and five days left, the excitement is palpable. It's unlikely to surpass the BaT record set by the 2017 Ferrari LaFerrari Aperta at $5,360,000 in 2022, but it might just eclipse this year's top sale from Collecting Cars, a 1997 Ferrari F50 that went for $3.7 million.

This Huayra isn't just any car; it's a monumental first for BaT. It's the first Pagani ever listed on the platform and possibly the first Pagani to be sold in an online auction. The buzz around this sale is undeniable. Imagine the chatter in exclusive clubs worldwide, where the elite are stunned to hear that such a masterpiece is available not at Mecum or Barrett-Jackson, but on an online auction platform like Bring a Trailer. And the cherry on top? BaT's maximum $5k fee is a game-changer, saving the buyer easily over $100k in fees! (wonder why online auction platforms are on the up? 😀)

Interestingly, this auction has even attracted a first-time bidder on BaT, highlighting the exclusivity and allure of the Pagani brand. It's a name that resonates with only a select few around the globe, those who understand and appreciate the unparalleled craftsmanship and engineering that go into each Pagani.

The 592-mile 2014 Pagani Huayra listed is a marvel of automotive artistry, boasting a carbon-titanium monocoque, clear-coated exposed carbon fiber, and active aerodynamics. The tan leather upholstery and the black-painted alloy wheels add to its exquisite appearance. Under the hood lies a 6.0-Liter Mercedes-AMG V12 with twin turbochargers, paired with an Xtrac seven-speed automated manual transaxle. This car isn't just about luxury; it's about peak performance and engineering excellence.

Adding to the excitement, the seller has announced that the reserve is off, guaranteeing this beauty will find a new home. This is a significant detail that BaT might consider highlighting more prominently in future auctions. A simple feature indicating when a reserve is lifted could be a game-changer for bidders who unlike me, don't always scroll through the comments.

In conclusion, this 592-Mile 2014 Pagani Huayra auction on Bring a Trailer isn't just an auction; it's a landmark event in the online luxury car auction space. It's a testament to the growing acceptance and enthusiasm for high-value, prestigious online car sales, a trend that's reshaping the collector car market. This auction is not just about the car; it's about making history.

The recent auction for the 2020 Hydratrek XTB66, an exceptional amphibious 6x6 vehicle equipped with a 2.4L Turbodiesel I4 engine and capable of accommodating seven passengers, concluded with a high bid of $42,750. However, the auction's highlight was not the vehicle's impressive features or the final bid, but the intense back-and-forth between the seller and a bidder.

The tension escalated when a bidder questioned the seller about the reserve price and the purpose behind their purchase of the vehicle. The seller, sharply replied, dismissing the questions as irrelevant and inflammatory. The situation intensified when the bidder pointed out a previous lower sale price for a similar unit, to which the seller countered by mentioning a prior auction where the vehicle reached $70,000 without meeting the reserve.

Following the auction's conclusion, the seller first revealed the selling price which was $55,000 & then posted these two additional comments out of sheer frustration which might give us some indication on what the bidder was after.

From the seller's responses, it appears that the bidder might have been aiming to secure a bargain during or after the auction. Whether these comments negatively impacted the final auction result is debatable. It's important to note that Cars & Bids isn't at fault here, as they effectively manage the comments section. I hope that the seller experiences more success in any future auctions.

Yesterday I asked you Do you think the final bid for the 2023 Porsche 718 Cayman GT4 of $122,800 was a fair price? 

63% of you believed that the seller should have taken the deal, which is about two thirds. Here’s a select few comments.