On December 1, 2024, RM/Sotheby's auctioned 41 automobiles with an average age of 25 years and a total estimated value of over USD 38 million, in addition to several luxury items and model cars. Each car is therefore expected to fetch around USD 920,000.
A third went under the hammer without a reserve price.
On average, 83% of the median estimate was bid, 30 cars or 73% of the offer were successfully sold for a total of USD 27.8 million. Buyers therefore had to pay USD 927,000 per car including commission/surcharge.
Ferrari dominant
With 15 cars, Ferrari (including the Dino) accounted for more than a third of the vehicles, 73% of which were sold.
Mercedes-Benz was the second most represented brand with six cars.
The cars, which were on average only 19 years old, were all sold.
Aston Martin and McLaren each had three cars at the auction, while only one of the three Astons, which were on average just four years old, found a buyer, all three Mclaren cars were successfully sold.
Of all the other 12 brands, a maximum of two cars were auctioned, and they also tended to be among the oldest vehicles in the game, with the exception of Tesla with a virtually new Cybertruck that sold for USD 138,000.
Young cars more expensive
The ten most expensive cars were only 16 years old on average; without the 1970 Dino 246 GT, which found a new owner for USD 398,750 (EUR 378,813, CHF 350,900), the average age of the top sellers would have been much lower.
By and large, the most expensive cars were almost exclusively the latest hyper sports cars, with the exception of the aforementioned Dino and only the Jaguar XJ220 (USD 466,250) and the BMW Alpine Rodaster V8 (Z8) from 2003 (USD 410,000).
Super-expensive Pagani
Two Pagani were announced without an exact estimate.
The new owner paid an impressive USD 11.09 million (EUR 10.53 million, CHF 9.76 million) for a now 20-year-old Zonda 760 LM Roadster from 2014.
The second most expensive car was also a Pagani, albeit a later Huayra BC Coupé from 2017, which cost USD 4.336 million (EUR 4.12 million, CHF 3.816 million).
The next most expensive cars were a 2022 Aston Martin Valkyrie, which was the only one of three Astons to sell for USD 2.65 million, a 2017 Lamborghini Centenario LP770-4 Roadster for USD 2.03 million, a 2019 McLaren Senna LM (USD 1.468 million) and a 2014 McLaren P1 (USD 1.186 million).
Exotics and super classics with rather mediocre results
In addition to the expensive super and hyper sports cars, some super classics and a few exotics also went under the hammer. Although 85% of the cars built before 2005 were sold, the highest bids were slightly lower on average as a percentage of the estimated value than for the super sports cars (81% instead of 83%).
USD 297,500 (EUR 282,625, CHF 261,800) had to be paid for a Lamborghini 400 GT 2+2 from 1966.
The Ferrari Testarossa Monospecchio from 1986 sold for USD 218,500 (EUR 207,575, CHF 192,280), albeit at the estimate level.
In contrast, a number of Ferrari 308/328 models performed rather mediocrely, achieving sales prices of between USD 43,700 and USD 63,250.
Nobody wanted to bid more than USD 100,000 for the 1967 Maserati Mistral. It remained as unsold as the Lotus Eleven Series 1 from 1956, for which the same amount had been offered.
A 1992 Lancia Delta HF Integrale Evoluzione "Martini 5" could be taken home for USD 149,500 (EUR 142,025, CHF 131,560).
The Mercedes-Benz CL 55 AMG 'F1 Limited Edition from 2000, which was the last car to be auctioned, provided a surprise in a positive sense. At USD 77,625 (EUR 73,744, CHF 68,310), the sale price was well above expectations, something that otherwise only a Mercedes-Benz G55 AMG Cabriolet from 2001 (USD 184,000) achieved so clearly.
The people at RM/Sotheby's could therefore be satisfied with the result, even if the sales rate of 73% was not entirely convincing.
Offered and Sold Vehicles
The following table lists all offered and sold vehicles with estimated prices, highest bids, and sale prices. The price conversion was made at the exchange rate valid on the auction day. All information is provided without guarantee.
| Lot | Car | Year | USD Est from | USD Est to | USD HP | USD SP | CHF SP | EUR SP | % Est | S |
|---|---|---|---|---|---|---|---|---|---|---|
| 118 | Ferrari 308 GTS | 1978 | 70'000 | 80'000 | 44'000 | 50'600 | 44'528 | 48'070 | -32.53%
|
V |
| 119 | Ferrari 365 GT4 BB by Scaglietti | 1975 | 230'000 | 300'000 | 0 | Z | ||||
| 120 | Lamborghini 400 GT 2+2 by Touring | 1966 | 270'000 | 325'000 | 260'000 | 297'500 | 261'800 | 282'625 | +0%
|
V |
| 121 | Ferrari 328 GTS | 1987 | 80'000 | 90'000 | 55'000 | 63'250 | 55'660 | 60'087 | -25.59%
|
V |
| 122 | Ferrari Testarossa 'Monospecchio' | 1986 | 160'000 | 220'000 | 190'000 | 218'500 | 192'280 | 207'575 | +15%
|
V |
| 123 | Ferrari 308 GTB | 1978 | 65'000 | 80'000 | 46'000 | 52'900 | 46'552 | 50'255 | -27.03%
|
V |
| 124 | Ferrari 308 GTS | 1979 | 70'000 | 90'000 | 50'000 | 57'500 | 50'600 | 54'625 | -28.12%
|
V |
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All information is provided without guarantee.
Legend: Column S = Status (V = Sold, N = Not sold, Z = Withdrawn, U = Under reserve)
Est = Estimate, HP = Hammer Price, SP = Sale Price
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