Market Intelligence
US Auctions: the records never end!
The Barrett-Jackson and RM auctions in Arizona set new records with total sales of over $200 million and $34.9 million respectively. Top lots included a Mercedes-Benz 300SL Gullwing, a Bentley Continental IV Convertible, a DeLorean DMC12, a Ford GT Heritage Edition, a Shelby GT350 Fastback, and a Porsche Carrera GT. Some sales exceeded expectations, such as the Jaguar E-Type S3 V12 Roadster, which sold for $214,500, while others did not meet estimates, like the Aurelia B24S Spider America. The market has clearly shifted, and the results demonstrate a strong demand for high-end collector cars.
Keep the records coming! RM and Barrett-Jackson put on a firework display of successes at Arizona Week.
Let’s take a look at the numbers: Barrett-Jackson sold all 1,773 cars on offer, all without reserve, with takings for cars alone of $196,091,465 (€171,704,549). Adding motorcycles, tractors and automobilia, the final takings exceeded 205 million dollars.
