Strong Performance of Bonhams at Goodwood

There was nice weather and spring air at the Goodwood Members Meeting on April 14th where the Bonhams auction took place. The clouds of a possible market slowdown were not in sight and in fact the results seemed a photocopy of last year: A handful more cars (102 vs. 94 in the previous year), one less car sold (67 vs. 68), a percentage dropped slightly but nothing really significant (65.69% in 2024, 72.34% in 2023) and even almost the same number of cars without reserve (27 and 26 respectively).

There is, however, a bigger difference in terms of values: In 2023 they offered cars worth £8,976,000 and this year the value dropped to £7,404,000. So it is also quite understandable that total sales suffered, falling from £6,276,938 to £4,939,020 and in fact the ratios remain very similar on this parameter as well.