Check Out RM Sotheby's Most Stunning Vehicles
30 August 2017 - motor1
Aston Martin and Ferrari were among the biggest sellers.
At yesterday's RM Sotheby's Monterey sale, the auction house listed well over 100 vehicles for sale. Most of them being multi-million dollar classics, or equally expensive modern supercars. By the end of the two-day sale, more than $131.7 million worth of cars had been sold.
With an average sale price of $1,291,147, and a median sale price of $440,000, 102 out of 116 lots were sold throughout the weekend. Just a handful of cars failed to meet reserve, including the strange-looking Ferrari 166 "Uovo," which was estimated to go for as much as $7 million. Thankfully for RM Sotheby's (and the consigners), many other vehicles exceeded expectations.
The one-of-a-kind Aston Martin DBR1 became the most expensive British car ever sold at auction, going home for a whopping $22.6 million. A rare Aston Martin DB4GT prototype, meanwhile, sold for an equally stunning $6.765 million, making it the sixth most expensive vehicle overall, and the second most expensive Aston Martin behind the DBR1.
Others, like a Ferrari 410 Superamerica Series III Coupe sold for $5,335,000, a 1950 Ferrari 166 MM Berlinetta sold for $4,510,000, and a 1970 Porsche 908/03 sold for $3,575,000, just to name a few highlights. The auction house surpassed its prior year of sales by an impressive $8.6 million, and recorded an 88 percent sell-through rate as opposed to 2016's 85 percent sell-through rate.