Monterey Car Auctions Exceed $365 Million

© Rod HatfieldBig Numbers
A major component of the Monterey Motoring Week are the multiple auctions that take place throughout the area. Collectors will add to their garages, while others hope to sell some of their prized possessions only to use the proceeds to buy something new. Huge numbers were reported from auction houses that include Gooding & Company, RM Sotheby’s, Mecum Auctions and Bonhams. But it was the 1962 Ferrari sold at RM Sotheby’s that headlined the week, selling for almost $50 million.

© Perry Stern, Automotive Content ExperienceTop Cars
According to classic car insurer Hagerty, cumulative sales from the auctions around the Monterey Peninsula increased over last year for a total of $367.5 million. Hagerty also reports that almost 100 more vehicles were sold, with the final figure coming in at 841. The average selling price for all auctions was $436,982 — considerably more than your typical new car, or house for that matter. Here are the top 15 cars sold at auction during the 2018 Monterey Motoring Week.

© Perry Stern, Automotive Content Experience15. 1931 Bugatti Type 51 Grand Prix Race Car
Sale Price: $3,740,000
Auction House: Gooding & Company

© Rod Hatfield14. 1934 Packard Twelve-Series 1108 Dietrich Convertible Victoria
Sale Price: $3,745,000
Auction House: RM Sotheby’s

© Mecum13. 1933 Duesenberg Model J Bohman and Schwartz Convertible Victoria
Sale Price: $3,850,000
Auction House: Mecum Auctions

© Perry Stern, Automotive Content Experience12. 1955 Porsche 550 Spyder Roadster
Sale Price: $4,455,000
Auction House: Gooding & Company

© Perry Stern, Automotive Content Experience11. 2007 Porsche RS Spyder Race Car
Sale Price: $4,510,000
Auction House: Gooding & Company

© Rod Hatfield10. 1956 Maserati A6G/2000 Zagato Berlinetta (tie)
Sale Price: $4,515,000
Auction House: RM Sotheby’s

© Rod Hatfield9. 1998 Mercedes-Benz CLK GTR (tie)
Sale Price: $4,515,000
Auction House: RM Sotheby’s

© Rod Hatfield8. 1957 Porsche 550A Spyder
Sale Price: $4,900,000
Auction House: RM Sotheby’s

© Perry Stern, Automotive Content Experience7. 1955 Ferrari 500 Mondial SII Spider
Sale Price: $5,005,000
Auction House: Gooding & Company

© Perry Stern, Automotive Content Experience6. 1955 Maserati A6GCS/53 Spider
Sale Price: $5,170,000
Auction House: Gooding & Company

© Perry Stern, Automotive Content Experience5. 1958 Ferrari 250 GT TdF Coupe
Sale Price: $6,600,000
Auction House: Gooding & Company

© Rod Hatfield4. 1966 Ford GT40 Mk II Coupe
Sale Price: $9,795,000
Auction House: RM Sotheby’s

© Rod Hatfield3. 1963 Aston Martin DP215 Competition Prototype
Sale Price: $21,455,000
Auction House: RM Sotheby’s

© Perry Stern, Automotive Content Experience2. 1935 Duesenberg SSJ Roadster
Sale Price: $22,000,000
Auction House: Gooding & Company

© Rod Hatfield1. 1962 Ferrari 250 GTO SI Coupe
Sale Price: $48,405,000
Auction House: RM Sotheby’s

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