At its Scottsdale auction this month, RM Sotheby’s will offer a 1985 Ferrari 288 GTO originally sold in the U.S. but rarely driven. The car shows less than 2,900 miles after passing through the hands of several collectors. The pre-sale estimate is $3.2m-$3.6m.
Bonhams returns to the Westin Kierland Resort for the eighth year in a row, bringing with it the usual array of pristine classics and untouched exotics. Last year, over 25 million dollars changed hands in just a few hours.
Straight from the garage to the bed of an enclosed transport, classics, exotics, and collectible cars skip the salt for the dry heat of Scottsdale Arizona. Last January, Scottsdale saw over 3000 automobiles cross the auction block in less than a week.
You don’t need to be a millionaire to buy a car at a Monterey, Scottsdale or Amelia Island auction. There are likely to be plenty of cars in your price range, but there are a few auction do’s and don’ts that you need to know. If cars mean more to you than just transportation, you’ll want to read this interview.
According to Hagerty’s tally, the sales total of $247.8 million in Scottsdale was down 5 percent from 2017. The highest sale of the week was $8,085,000 for a one-of-a-kind 1965 Ferrari 275 GTB built by Pininfarina. Premier previewed five of the Scottsdale 2018 auction cars in depth before the auctions. Here’s a look at the results.
Toyota made just 500 of its Lexus LFA supercar. If you missed your chance to get one new, the Gooding & Company Scottsdale auction is offering #498, with just 60 miles delivery miles.
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.
Connoisseurs of the world’s greatest racecars will be closely watching a very rare event occurring at the Scottsdale auctions this month: two Jaguar D-Types will cross the block, but at two separate sales.
