First of all: This year’s RM Sotheby’s auction brought in a lot of money, but it didn’t set a record. The lots this time were far from the highest prices of previous years. But that doesn’t mean it was a bargain hunter – quite the opposite.
If this gallery were just a top ten, the selection of brands would be very, very small. Eight of the ten most expensive vehicles were Ferraris. From 17 million US dollars for a Ferrari 250 GT SWB California Spider to 3.85 million US dollars for a Ferrari LaFerrari from 2015. If you are looking for a long-term investment, the Cavallino Rampante (Rearing Horse) is clearly a good choice.
Slight decline in revenues, but unbridled desire to buy cars
With one caveat: As the industry service “” reports, there was an overall decline in revenue this year. Year-on-year, if you can compare it directly, it was a loss of eight percent. According to “Autohaus”, this is a noticeable trend that has now continued for the second year in a row.
The industry has also noticed that newer vehicles are still among the top sellers. Take Bugatti, for example: Now that production of the Chiron has finally ended, a certain passion for collecting seems to be emerging.
This time, someone paid 3.5 million US dollars for a car that rolled off the production line just a year ago. But you’re still making a loss – because the base price was supposedly 3.8 million. It would probably be advisable to postpone the sale for a few more years.
Even among cars that were far from seven-figure prices, there were some interesting examples and results to be discovered. For example, would you have thought that a 1959 Isetta would fetch just under $74,000 at such an illustrious event?
You can find out which treasures on wheels changed hands this time in the gallery.
Source: Stern

I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.