February was another sizzling hot month for the collector car market, with Dollar Volume up 37% compared to February 2021. And while values continue to rise, it’s interesting to note the explosion of Total Listings relative to previous years and the decrease in Average Sale prices – underscoring the democratization of the industry.
Now the question in everyone’s mind is: when will the party end? With the Amelia Island auctions coming up, it certainly doesn’t look like it will end in March 2022.
Flips & Flops
This 2005 Porsche Carrera GT sold for $1.65m this month, 27% more than its previous sale just 4 months ago! Check out the top flips and flops from February at the link below.
The top 4 sales this month were all Ferrari's sold in Paris – including this 1985 Ferrari 288 GTO, which sold for €3.5m. With all 10 top sales over $1.6M, February 2022 delivered on excitement.
Amelia Island Preview
The top 4 sales this month were all Ferrari's sold in Paris – They say that “March comes in like a lion and out like a lamb” – and with the Amelia Island auctions happening the first week of March this year, the lion is certainly here.