Archive
09/01/2022
TCCT Virtual Garage 2022: spoilt for choice
Three collectors with different budgets and preferences bought cars for their collections at international auctions. Mr. Cautious bought a Porsche 911SC, Ferrari 360 Spider, and a Maserati Mistral, all under €100k. Mr. Sober purchased the 1999 Renault-Williams Laguna BTCC, 1971 Mercedes-Benz 280SE 3.5 Cabriolet, and 1956 Alfa Romeo 1900C Super Sprint. Mr. Wealthy went for the 1937 Bugatti Type 57SC Atalante, 1958 Ferrari 250 GT LWB California Spider, and 1959 Maserati 3500 GT Spyder Prototype. The editorial staff of TCCT also bought a 1970 Plymouth Hemi Superbird for over €1.5 million.
08/01/2022
Pebble Beach auction analysis. I'll buy what I've always dreamed of
An analysis of the prices of German cars at Pebble Beach shows Porsche and Mercedes doing well. RUF-modified Porsches were in high demand, with Gooding's RUF R Turbo selling for $445,000. The 911 2.7 Carrera RS Touring sold for $1,072,520, beating the previous record by almost $200,000. The only aluminium 300SL Gullwing sold for $5,010,000, down from the one sold in January for $6,825,000. Mercedes-Benz 300SL Gullwing and Roadster remained flat in the market.
06/01/2022
Auctions 2021, a genuinely positive balance
The classic car auction market collapsed in 2020 due to the pandemic, but rebounded spectacularly in 2021, surpassing even pre-pandemic levels in terms of total turnover and average prices. This was achieved with a lower number of cars sold, indicating a trend towards higher prices. Online auctions have also become more popular, with lower commissions and attention from previously uninterested buyers. The market for cars priced over one million Euros also saw a significant increase. These trends are detailed in an in-depth analysis in The Key, Top of the Classic Car World 2021.
03/01/2022
Car Museums: A heritage to discover
TCCT.com has updated its list of the world's car museums with the collaboration of expert Claudio Rava. The museums have been divided into six categories and can be searched by country.
30/12/2021
10 years later: more beautiful or richer?
The author launches a Ten-Year Challenge for auctions, looking back at how much certain car models were sold for in 2011 and comparing them to their current values. A Ferrari F50 that was sold for $814,000 in 2011 is now worth over $4 million, while a Porsche Carrera GT sold for $355,100 is now one-third of its current price. The article provides examples of other car models that have greatly increased in value over the past decade.
16/12/2021
Repêchage auctions: useful and interesting
The article highlights some notable sales in the classic car auction market between August and December 2021, including a Citroen 2CV Charleston, a Fiat 500 D Convertible, a Toyota SR5 pickup, a Mercedes-Benz 190SL Roadster, an Aston Martin DB5 Goldfinger continuation, a Ford Falcon XY GT-HO Phase III Sedan, and a Porsche 997 Sport Classic. Some of these sales set new world records, while others exceeded their estimates by a significant margin.
09/12/2021
The other side of auctions
Artcurial auctioned off the Collection of Richard Romagny online from November 4th to 22nd, 2021, featuring cars from the 70s to the 90s such as Citroen AX and BX, Peugeot 304 and 405, and Renault 5 and Megane. The 89 sold lots made an average of €22,241 ($25,180) per car. Richard Romagny's love for Citroen CX was apparent with 12 of them in the collection, including a rare “Mandarine” painted model that sold for €37,200 ($42,190). The auction also included cars featured in James Bond and Ronin movies, which sold for record prices.
02/12/2021
Pre wars: fixed income investments. Or better
RM and Bonhams recently held auctions dedicated to pre-war automobiles, and both events were successful, selling a high percentage of lots offered and surpassing their initial estimated values. The pre-war market is considered mature and practically immune to bubbles or pandemics, and some models have even appreciated in value. Despite being a niche market, the rarity of these cars makes them difficult to estimate, as demonstrated by the high price difference in some sales.
28/11/2021
Cars & Movies Beyond good and evil
The world of cinema sets no limits when it comes to superheroes and their supercars. From long bonnets and 6 wheels to street monsters, cars play an entertaining role in films, becoming a spectacular complement to the stars with superior abilities.
25/11/2021