Market Intelligence
Worldwide. Handle with care
The recent Worldwide auction in Auburn showed improvements compared to last year. Cars offered without reserve accounted for 80% of sales, totaling over $6 million, with an average sale price of $98,781. Our data confirms these positive results.
In order to fully appreciate how well the recent Worldwide auction in Auburn on 29th April went, all we have to do is compare the results with last year’s. The biggest difference between the two was the number of cars offered without reserve, which shrank from 59% in 2022 to just 38% this year. These in turn represented around 80% of the sales, worth a total of over six million dollars (€5.5m)with an average sale price of $98,781 (€89,560), a significant improvement over 2022. Our data supports this.
This increase in lots also presents an excellent opportunity to study the market, and there are some interesting stories that I’m sure you’ll be interested in hearing.
