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Main Monterey Wrap Up

Auction sales from Monterey Car Week totaled a record-setting $469 million; more than $126 million than last year’s total. RM Sotheby’s three-night auction accounted for more than half of that total, setting a record with a staggering $239.2 million in sales. Catch up on results from all the auction houses.

Guards Red Porsche 959 left front view

Built 35 years ago, Porsche’s 959 is still considered king of the marque’s 911 line. Only 292 cars were made, with a price tag of $227,000, and Porsche reportedly lost money on each one. Broad Arrow Auctions is offering a 1987 Guards Red 959 Komfort at its Monterey Jet Center Auction, with a pre-sale estimate of $1.4 – $1.6 million.

2005 Green Ferrari Superamerica driving

Here’s the backstory on the Ferrari Superamerica, first introduced in 2005. Ferrari built only 559 Superamericas, with 170 exported to the United States. At its Monterey auction in August, RM Sotheby’s is offering a Superamerica featuring special order paint and interior, with under 12,000 miles.

Red Ferrari 458 Spider on road

More than 10 years after the introduction of Ferrari’s 458 Spider, this open-top version of its mid-engine Berlinetta remains one the marque’s most sought after cars. Our most recent “Model Masterpiece” explains why.

Amelia 2022

By all accounts, the auctions at The Amelia — now under the ownership of Hagerty — were a grand success, with the sales from RM Sotheby’s, Bonhams and Gooding & Company totaling nearly $126M. Notably, a 1937 Talbot Lago set a world record price for the marque and for French cars at $13,425,000

Lamborghini 400 GT

You can own the car that took on Ferrari…and has attracted owner like Sir Paul McCartney. This missed 1968 Lamborghini 400 GT 2+2 is offered at no reserve by Bonhams at its Amelia Island auction on March 3. It’s a left-hand-drive version estimated to sell for $250k-$300k.

Gooding & Company

Here are our “Cars to Watch” for the Gooding & Co. auction at Amelia Island, which features a rare 1937 Talbot-Lago T150-C_SS “Teardrop” Coupe, which has a pre-sale estimate of $10 million. This auction promises to be comfortable, casual, fun, and yet classy.

Red Ferrari 360 Challenge Stradale front view

The Ferrari 360 Challenge Stradale captures the spirit of the marque’s road/race heritage, in a modern package that you can drive to a restaurant for dinner. Gooding & Company is offering a 2004 version at Amelia Island in early March, with fewer than 9.000 miles, at a pre-sale estimate of $225k – $275k, with no reserve. Read our model perspective, and let Premier help you pre-qualify to bid.

PFS Press Release

Premier reported that 2021 was the most successful year in the company’s 25-year history, with a 20% increase in the number of cars financed, and a 40% improvement in the total dollars financed, compared with 2020. All 5 of the company’s nationwide sales regions reported strong growth.

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