Monterey Car Auctions Set Record at $469 Million

xA9 Rod Hatfield Automotive Content ExperiencenbspMonterey Car Auctions Record
For more than 70 years, the Pebble Beach Concours d’Elegance collector car show has drawn automotive enthusiasts to California’s Monterey Peninsula. Over the decades, other automotive events have germinated around the world-famous concours, blossoming into what is now known collectively as Monterey Car Week. Some of the most exciting events leading up to Sunday’s concours are the live auctions in Pebble Beach, Monterey and Carmel Valley. This year total auction sales reached $469 million — a new all-time record besting the 2015 total of $394.5 million by 18.9 percent. This year the top seller was a 1955 Ferrari 410 Sport Spider by Scaglietti, which sold for $22 million at RM Sotheby’s. A record 112 cars sold for more than $1 million, compared with 82 that topped that mark last year.

xA9 Rod Hatfield Automotive Content ExperiencenbspStrong Sell Through, More Cars
Although this year the auctions’ combined sell-through rate dropped to 76 percent compared with 82 percent in 2021, it was still much stronger than the 59 percent rate in 2019. The 2022 auctions offered a total of 1,023 cars for sale — a 9 percent increase — and the average sale price increased to $583,211, compared with $446,042 in 2021. At the high end, prices were still below 2018 numbers, a year when three cars surpassed the $20 million mark; this year only one car reached that level, and only two cars sold for more than $10 million. What follows are the top 15 cars sold during the 2022 Monterey car auctions, in ascending order by price.

xA9 Hagertynbsp15. 1957 Ferrari 250 GT LWB Berlinetta Scaglietti Tour de France
Sale Price: $5,500,000
Auction House: Broad Arrow Auctions

xA9 Gooding amp Companynbsp14. 2007 Porsche RS Spyder Evo
Sale Price: $5,615,000
Auction House: Gooding & Company

xA9 Rod Hatfield Automotive Content Experiencenbsp13. 1958 Ferrari 250 GT LWB California Spider
Sale Price: $5,972,500
Auction House: RM Sotheby’s

xA9 Gooding amp Companynbsp12. 1961 Ferrari 400 Superamerica Series I Coupe Aerodinamico
Sale Price: $6,000,000
Auction House: Gooding & Company

xA9 Rod Hatfield Automotive Content Experiencenbsp11. 1998 Ferrari F300 F1 Car
Sale Price: $6,220,000
Auction House: RM Sotheby’s

Darin Schnabel xA9 Courtesy of RM Sothebyx2019snbsp10. 1958 Ferrari 250 GT Cabriolet Series I by Pinin Farina
Sale Price: $6,825,000
Auction House: RM Sotheby’s

xA9 Rod Hatfield Automotive Content Experiencenbsp9. 1938 Talbot-Lago T150-C SS Teardrop Coupe
Sale Price: $7,265,000
Auction House: RM Sotheby’s

Motorcar Studios xA9 Courtesy of RM Sothebyx2019snbsp8. 1953 Ferrari 375 MM Spider by Scaglietti
Sale Price: $7,485,000
Auction House: RM Sotheby’s

Mo Satarzadeh xA9 Courtesy of RM Sothebyx2019snbsp6. 1954 Ferrari 375 America Vignale Cabriolet (tie)
Sale Price: $7,595,000
Auction House: RM Sotheby’s

xA9 Rod Hatfield Automotive Content Experiencenbsp6. 1966 Ferrari 275 GTB/C (tie)
Sale Price: $7,595,000 (tie)
Auction House: RM Sotheby’s

xA9 Rod Hatfield Automotive Content Experiencenbsp5. 1957 Ferrari 500 TRC Spider
Sale Price: $7,815,000
Auction House: RM Sotheby’s

xA9 Rod Hatfield Automotive Content Experiencenbsp4. 1924 Hispano-Suiza H6C Tulipwood Torpedo
Sale Price: $9,245,000
Auction House: RM Sotheby’s

xA9 Rod Hatfield Automotive Content Experiencenbsp3. 1937 Mercedes-Benz 540K Special Roadster by Sindelfingen
Sale Price: $9,905,000
Auction House: RM Sotheby’s

xA9 Rod Hatfield Automotive Content Experiencenbsp2. 1937 Bugatti Type 57SC Atalante
Sale Price: $10,345,000
Auction House: Gooding & Company

xA9 Rod Hatfield Automotive Content Experiencenbsp1. 1955 Ferrari 410 Sport Spider
Sale Price: $22,005,000
Auction House: RM Sotheby’s

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