RM Open Roads March 2021 - high prices for restoration objects, affordable super classics
Summary
From March 17 to 25, 2021, RM/Sotheby's offered 94 automobiles with an average value of EUR 88,000 using the proven "Open Road" online-only format. The offer ranged from restoration objects to youngtimers and super classics. With a sales rate of 55% and a turnover of around EUR 4.2 million, many cars were left standing, while restoration objects in particular were in high demand. This auction report analyzes the results and shows the auctioned cars in pictures.
This article contains the following chapters
- 33 brands
- Many neo-classics and youngtimers ...
- ... but only two pre-war cars
- One of the few Porsche 356 B Carrera 2
- Cheap super classics
- Coveted restoration offers
- Truck with racing car
- Two interesting Alfa limousines
Estimated reading time: 5min
Preview (beginning of the article)
The "Open Road Online Only" format has already become established at the RM/Sotheby's auction house. The auction mainly features cars in the mid-price segment from various markets around the world, which can be bid on via the Internet or in writing. There is no auctioneer, but the auction runs for around a week each time. From March 17 to 25, 2021, RM/Sotheby's offered a total of 94 cars in this way as part of the "Open Roads March 2021" online auction, which together were estimated at just under EUR 8.3 million. Each lot was expected to fetch an average of around EUR 88,000. With less than a fifth of lots without a price limit, it was primarily the online bidding propensity of interested parties that decided whether to buy or not. 55 percent of the cars, which were on average 39 years old, were ultimately sold to new owners, while 42 cars (or 45%) could not be sold.
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