Auto Finance News reports on overall demand and average price for luxury and exotic vehicles have continued to increase since 2012. Over that five-year period, Ferraris, Porsches, McLarens, Aston Martins, and Lamborghinis have continued as the most popular exotic marques.
At its Scottsdale auction, Bonham’s is offering an outstanding example of the breed. A 1972 model, this Daytona Spider was fully restored in the 1990s. An award winner at multiple events, the Daytona is also Classiche certified by Ferrari. The pre-sale estimate is $2.4-$2.8m.
Mitch Katz Talks Residual Values on Money Radio with Ken Morgan and Mark Asher in Scottsdale, in advance of all the events in Scottsdale, AZ this winter.
Porsche enthusiasts seek out the ultra-rare 1987-1989 models with the factory Flachbau (“Flat Nose)” option, which gave the car the look of the marque’s 1970s 935 racecar.
The Ferrari 550 Barchetta Pininfarina provides a more accessible version, one that bears watching for rising values. At its January 2018 Scottsdale sale, RM Sotheby’s will offer a 2001 example (Lot #266) showing just 9,500 miles, with a pre-sale estimate of $475,000-$525,000.
A headline last month was a shocker to some Ferraristi: “Ferrari Wants ‘Utility Vehicle’ in a Plan to Double Profit.” Will a Ferrari SUV grace us with its presence?
This 1975 Porsche 914 1.8 was sold for $93,500 at the RM auction in Monterey, $65,000 higher than what the experts were estimating. Hagerty shows a high value of $27,900 for a “#1 concours” condition 1975 914 1.8. In fact, Hagerty’s valuation experts were among those taken by surprise.
RM/Sotheby’s is offering a 1960 Giulietta Sprint Speciale in a beautiful shade of dark blue, with a pre-sale estimate of $125,000-$175,000. The value rise for these cars has been most dramatic since around 2010.
A 1969 Mazda Cosmo Series II will be auctioned off at Monterey, showing 17,650 miles. Gooding & Company’s pre-sale estimate is $110,000-$130,000.
