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Broad Arrow Monterey Jet Center 2024 - a Mercedes-Benz 560 SL outperformed them all
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Created on August 21, 2024
, Reading time 5min
Written by:
Bruno von Rotz
Photos:
Broad Arrow Auctions
158Broad Arrow Auction
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Summary
156 cars with a total value of USD 109 million were auctioned by Broad Arrow Auctions on August 14 and 15 at the Jet Center Monterey. 84% of the cars were sold, fetching an average of USD 553,800. The most expensive vehicle was a 1997 Porsche 911 GT1 racing version, which fetched over seven million. The biggest surprise, however, was a Mercedes-Benz 560 SL. This auction review analyzes the results and shows impressions and pictures of the vehicles.
This article contains the following chapters
- Porsche and Ferrari made up a third of the offer
- The new Mercedes-Benz 560 SL
- Favorable opportunities
- 25 cars not sold
- 18 cars sold for seven figures
Estimated reading time: 5min
Preview (beginning of the article)
On August 14 and 15, 2024, the still young auction house Broad Arrow Auctions, which is part of Hagerty, was in Monterey for the third time and, as in previous years, bidders were invited to the Jet Center. There were 156 cars on offer with a value of USD 108.59 million. 38% of the cars were auctioned without a reserve price. On average, the cars were 47 years old. 131 vehicles were sold directly or shortly after the auction, with total sales amounting to USD 72.55 million. This means that buyers paid USD 553,790 (EUR 503,949 or CHF 481,797) per car. 30 cars bore a Porsche badge, 21 of them a Ferrari or Dino badge. The star from Zuffenhausen was represented 16 times, Chevrolet ten times.
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