A NEW RECORD FOR COLLECTING CARS

Porsche 918 Spyder hits $1.4m, and BMW M3 CSL sets new world record.

A NEW RECORD FOR COLLECTING CARS

Collecting Cars achieved a new platform record this weekend, when the incredible 2015 Porsche 918 Spyder Weissach Package consigned by our US team sold with a winning bid of $1,405,000 - the highest price achieved for any vehicle offered since launch in June 2019. The result also represented the first sale above the equivalent £1 million mark, with an approximate value of £1.03m. 

The landmark 887hp plug-in supercar was specified from the factory with the sought-after Weissach Package, as well as the exceptional Liquid Metal Silver paint finish - a $63,000 option when new - and the front axle lift system. With 4,770 miles on the odometer, the car had been enjoyed but sparingly used, and kept fastidiously maintained. There were just 918 examples of the Spyder built, so the new keeper will be joining a small club of owners, and we hope they will relish this remarkable modern performance car for years to come. 

Perhaps even more notable than the selling price was the fact that the winning bidder paid a buyer’s premium of just 0.42%. While traditional auction houses have uncapped premiums, buyers on our platform pay a maximum of just £5,000 / €5,000 / $5,000 / A$10,000 (plus VAT for UK buyers) - regardless of the value of the car.  

Following the Porsche 918 Spyder sale, Collecting Cars also sold a remarkable 2004 BMW M3 CSL with just 2,657 miles on the odometer, securing a winning bid of £120,001 - a new world record auction price for the model. Here, the buyer paid a premium of just 4.99%, and the seller received the full £120,001. For the seller to achieve the same result at a legacy auction house, the buyer would have had to pay up to £157,000. In this context, it is easy to see why so many sellers now consider Collecting Cars the best way to market their sporting, iconic, or collectible vehicles. 

Other high-value results from the last week include a 2018 Porsche 911 GT2 RS Weissach Package for £260,500 (the fifth such car sold within the last four months), an exceptionally rare Biano Avus 2009 Ferrari 430 Scuderia with a winning bid of £146,000, and a stunning 1970 Porsche 911 S 2.2 that had received a nut-and-bolt restoration, which found a new home for €120,000. Further highlighting the platform’s ability to achieve great prices for rare performance cars; a 1999 Mitsubishi Lancer Evo VI RS450 Extreme - one of just four examples ever built - was sold well above its reserve price for £48,500. 

The Collecting Cars platform now regularly sells in excess of £12 million worth of cars and bikes every month, making it one of the world’s biggest auction companies. If you have a rare, sporting, or iconic classic or modern vehicle that you are keen to find a new home for, then contact our Consignment Team today and sell with the market leader

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