Monterey auctions see $393 million in sales -- the first decline since 2009 - Autoweek
With no superstar cars in the spotlight, year-over-year results down slightly. In fact, preliminary data courtesy of Hagerty -- which are incomplete as they lack figures from the Rick Cole sale -- show that sales are down $10 million, give or take. There may be a few updates and adjustments ahead in the coming days, but the big picture should remain the same: At $392. 7 million, this year’s sales brought less money than last year’s $402. 6 million total (2014’s data, minus Rick Cole numbers). Average sale price was down ($540,366 in 2014 to $479,557 in 2015) and median sale price was down (approximately $99,000 in 2014 to $96,800 in 2015). More lots were offered in 2015 than in 2014 (1,386 to 1,227), yet fewer sold -- sell-through rate... We’ll note that just one car like the Ferrari 250 GTO that sold for over $38. 1 million last year could have pushed 2015’s totals over the top. despite a very healthy crop of high-dollar cars (see top-10 list below), there really wasn’t one car that stole the show and whipped the enthusiast community (and the wider world) into a frenzy as that 250 GTO did. Source: autoweek.com
