Classic Car Market Update: October 2020

The winter may be upon us, but the classic car market was HOT in October! The month gave us a view of the “new normal” for auctions – with some events remaining 100% online, and others finding their stride in a new in-person/online hybrid format. New events, and previously postponed events, brought us some impressive stats: Over $180 million in sales*, up 55% from $116.7 million in October 2019, and an average sale that was 47% higher than a year ago.

Of course, these results got a boost from the mammoth RM Sotheby’s Elkhart Collection sale, bringing in just over $43 million in sales from what has to be one of the finest collections in the country. And just in case that wasn’t enough, they topped it off with a $14.8 million sale of a trio of truly unique Alfa Romeo concept cars

Note: Stats quoted in this post are as of October 31, 2020 @ 5pm eastern.

Top Sales

Apart from the trio of Alfa Romeo concept cars, topping the charts was this amazing 2017 Pagani Huayra Roadster sold at Mecum Dallas.

View top 10 sales

Flips & Flops

This 1967 Toyota 2000GT has crossed the block 8 times in the past 5 years. Most recently just last week, selling for $912,500 – a 66% gain from the previous sale 2 years ago! Check out the vehicle history on this one, it’s a doozy! 

View top 10 flips & flops


Do you have our app yet?

Our new iOS app is the easiest way to keep up with your markets and saved vehicles while you are on the go… or when your are waiting in one of those long voting lines. 

Download the iPhone app

Market of the Month: Porsche 997

Where the 996 had been somewhat generic and bland in some eyes, Porsche brought back much of the beloved 911-styling when it released the 997. Get to know this popular Porsche in our Market Guide for the Porsche 997.

New Markets

Want to track sales of your favorite make/model? Follow the market with a click of a button. Here are some of our favorite markets launched this month:

Search all markets here

If there’s a market you’d like us to add, please let us know by replying to this email… we are adding markets every day!

We’re hiring!

Our company is growing and we are looking for 2 talented developers to join our team. If you are passionate about the collector car industry and an experienced developer who meets the requirements for one of these openings, please apply today!

* These stats include sales reported in US Dollars only. Sales reported in other currencies are not taken into account… yet.

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