Market Intelligence
RM Sotheby's Auction in Munich: BMW with Ferrari Flavor
Ferrari and BMW shine in Munich as RM Sotheby’s achieves €25.6 million with record prices for the F50 and M3 icons.
Advanced to October 24th from the end of November last year, likely due to the excessive proximity to Abu Dhabi, the RM Sotheby's auction in Munich confirmed the success of 2024. Indeed, it improved upon it: slightly more cars were offered (62 compared to 58 last year) but far fewer were offered without reserve (from 65.51% in 2024 to 43.54%), a risk that did not affect the auction because the percentage remained stable and high at 87.10% (equal to 54 cars sold).
The estimated value was very similar, at €28,633,000, but the winning bid rose significantly. If last year it had almost reached €23.3 million, this year it rose to €25,611,000 with an average price slightly increasing from €448,000 to €474,278.
