In June 2023, we saw a notable increase in all key metrics over June 2022 – especially Dollar Volume up 33% and Average Price up 22%.
At first glance, you might surmise that the market plateau we've been experiencing so far this year is letting up. More likely, this is a combination of June 2022 having been the first month of the market slow-down and the 2 Live auctions taking place in 2023 that were new to the schedule: Broad Arrow's Porsche 75th Anniversary auction and RM Sotheby's Le Mans auction.
Even with this apparent "growth" in June, we are seeing an overall plateau of the classic and exotic car market in 2023. Get the details in our 2023 Half-Time Report, including the Top 100 Markets, Mid-year 2023.
Top 10 Sales in June 2023
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Top 10 Flips & Flops in June 2023
A "Flip" or "Flop" is defined as a car for which we have a previous sale record, so we can determine the net gain/loss and time since the previous sale. Obviously, it's possible that cars have changed hands in private sales between these public listings, but it still provides great insight into the market to see which cars sold for substantial gains or losses over their previous sales.
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Market Busters in June 2023
While the overall market is stable, the listings below broke records to become the Top Sale in their individual Markets last month. Rest assured, if you've got a great example of a collector car, the buyers are out there!
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Results are included from the following auctions in June 2023:
- ACC Auctions
- Bonhams | Cars Online
- Bring a Trailer
- Cars & Bids
- Catawiki Classic Cars
- Clasiq Auctions
- Collecting Cars
- Fast Car Bids
- Formula Auctions
- Guys with Rides
- Hagerty Marketplace Auctions
- H&H Auctioneers
- Hemmings Auctions
- JDM Supply
- Marqued Auctions
- NoLemons Auctions
- OneMoreCar Auctions
- Overland Exchange Auctions
- P1 Groupe Auctions
- Sackey & Co
- The MB Market
- Artcurial Le Mans Classic (EU)
- Auguttes Summer Sale
- Barrett-Jackson Las Vegas
- Bonhams' Bonmont Sale
- Bonhams' Greenwich
- Broad Arrow Porsche 75th Anniversary
- CCA Everyman June Timed Sale (UK)
- CCA Everyman Summer Sale (UK)
- H&H Imperial War Museum (UK)
- Mecum Tulsa
- RM Sotheby's High Speed: Paul Newman's Racing Legacy (2023)
- RM Sotheby's Le Mans