In a few weeks at the Amelia Island Concours d’ Elegance, Gooding & Company’s auction will offer a 75,000-mile 1994 BMW 850CSi in the stunning shade Hellrot (German for light red). Pre-sale estimates put this car between $90,000-$110,000, approximately the same price as when the car was new.
Ford vs Ferrari’s racecar sports hero Carroll Shelby is know for beating the racing establishment with simpler, less expensive and sometimes cruder machinery. He got his racing start driving other peoples’ cars and went on to build a business empire that has continued and grown beyond his death.
Built in Italy and powered by German Mercedes-AMG engines, Paganis have set high benchmarks for bespoke engineering and innovative materials. At RM Sotheby’s Arizona sale last month, a 2018 Huayra Roadster, one of 100 made, sold for just under $2.4M, which was the starting price when new.
As reported in Auto Remarketing magazine, Premier’s consistent, decade-long growth — both in the number of cars leased (up 85%), and dollars financed (up 178%) — provides a reliable gauge of the industry’s past performance and near-term outlook. This is great news for exotic, vintage and luxury car enthusiasts.
The going rate for a Ford GT is about $1.2M-$1.5M, or nearly three times the GT’s original $447,000 MSRP (before options). Barrett-Jackson’s top sale in Scottsdale was $1.485M for a 2017 GT with just 141 miles. A ’17 Ford GT in ’66 Heritage livery was the top sale at Barrett-Jackson’s Las Vegas auction in October 2019. It sold for $1.54M.
A 1969 ZL1 Camaro sold at the Scottsdale Auctions for a whopping $1.094 million on the Barrett-Jackson stage. The ZL1 was an all-out performance package that also included heavy-duty suspension and drivetrain components.
Mercedes made only 65 Mercedes-AMG G65 Final Edition for global consumption, with 30 coming to the US. This past week, Gooding & Company sold one at its Scottsdale auction for $240k. The pre-sale estimate was $250k-$300k for an essentially new vehicle with just 150 miles.
The 2020 Scottsdale Auctions boasted $226 million dollars in sales between all of the auction houses. This includes supercars, pre-war classics, and even the late Paul Walker’s car collection.
The 2005-2006 Ford GT was an homage to Ford’s 1960s endurance racecars, but intended for the street. One is currently up for auction in Scottsdale at Gooding & Company, featuring Carroll Shelby’s signature on the dashboard.
