The Florida auction season just wrapped up, and the market sent a clear message: collectors are still writing big checks for the right car.
During the last weekend in February, we saw 13 new market records set at RM Sotheby’s Miami – and during the first weekend in March, Gooding Christie’s and Broad Arrow extended the record-setting streak in Amelia Island.
The main headline: a 2005 Porsche Carrera GT hammered at $6.7 million – more than double the last record for the same model set just 1 week prior in Miami. But the new Market Records didn’t stop there. 25 cars set new records in Amelia – ranging from a $357,000 Mercedes-Benz 500E (up 254% from its last sale) to a $20,160 Ducati that nobody saw coming. The data has a story to tell about where collector appetite is running hot right now – let’s get into it.