Market Intelligence
Forgotten Gems: The Miracle Auctions
Discover rare automotive gems and record-breaking sales, from the first Lotus to unique Rolls Royces. Cliff Goodall uncovers incredible auction finds and rising market trends.
While waiting for the Monterey Car Week auctions, we will have a look at one of our classics: "What did we miss?" Let's start with the auction records we haven't talked about, shall we? At a time when everyone is "afraid" of the real market trend, a series of cars have pushed their highs upwards, proving that not all cars are equal.
For example, the Subaru Impreza P1. The upward trend of this model is evident if you look at a graph: the most expensive sold did not reach €24,000 until 2016, €27,500 in 2017, and €29,500 in 2020, during the Covid period. Then it exploded: €34,500 in 2021, €59,500 in 2022, and €86,500 in 2023. Let's look at this last one: 14,975 miles, one owner, never modified, chassis 3407 sold at Iconic Auctioneers for €86,700, a new record.
