Market Intelligence
Worldwide at cruising speed
Worldwide's Auburn auction saw 87.04% of the 54 cars sold, making around $4.4m in total, or roughly $94,522 per car. The 1930 Cadillac V16 Series 452 Roadster was the most expensive car, selling for $758,500, while the second-most expensive was a 1936 Auburn 852SC Boattail Speedster, which went for just $283,750 as it had been rebodied. The 1955 Jaguar XK140 Roadster was a mystery sale at $162,400, selling for twice the usual price of similar models. The auction ended with a white over red BMW Z3M Roadster selling for $43,120.
Auburn in Indiana is becoming increasingly important for Worldwide, so much so that it has a monopoly on its sales. I’m “old” enough to remember when Worldwide organized its April auctions in Texas, but now everything has changed and the city that gave its name to the brand from the 30s is the location of choice.
<font size="3">Just like being behind the wheel: everything you need to know to fully understand the situation</font>
As always, Worldwide did not announce the estimates of the cars on offer, but considering that 87.04% of the cars (or 47 out of 54) changed hands, I am almost certain that they were more than happy with the result. Total takings amounted to $4,442,517 (€4,228,965), equivalent to roughly $94,522 (€89,978) per car – a result that’s more or less in line with the competition, also thanks to a substantial number of cars offered without reserve: 32 cars in total, equivalent to about 59% of the cars on offer and 68% of the cars sold.
