Record sales at Monterey Car week

I’ve been told countless times that a car is a bad investment and I totally agree with their reasons. Just imagine the painstaking amount for maintenance and all. Monterey car week held in Monterey, California in August of every year makes that thought invalid. You’d actually be amazed that a whole lot of us, lovers of the automobile don’t put that into context, the constant thrill just to stare at that beautiful piece of contraption is just enough.

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Monterey car week packed with various event especially the Concours d’Elegance at Pebble Beach Golf course would leave one in absolute silence just to the presence of beauties all around. Just feel every moment. With auction car collectors like Mecum, Bonhams, Gooding & company, Russo and Steele, and RM Sotheby’s ready to auction from their stables of cars. The ultra wealthy playground to get the best car of early days because you might not get your hands on it till … Car enthusiast prepared to have a feel of seeing the exclusives of cars.

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Friday, the busiest day at the auction sale that recorded total sales of $210.2 million compared to 2019 total sales of $139.1 million. Covid-19 restrictions set off 2020 with car collectors all set up to make a steal before whatever might lie ahead unleashes. The auction sales was conducted for customers in person and online also. Gooding & company sold the revolutionary three seater sport car, a 1995 McLaren F1 for a record $20,465,000 with some second over, RM Sotheby’s sold a 1962 Ferrari 268 SP Spider for $7,705,000.

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Overall Top 10 sales

1. 1995 McLaren F1 Coupe sold for $20,465,000 (Gooding & Company)

2. 1959 Ferrari 250 California LWB Competizione Spider (closed headlight) sold for $10,840,000 (Gooding & Company)

3. 1962 Aston Martin DB4 GT Zagato Coupe sold for $9,520,000 (RM Sotheby’s)

4. 1962 Ferrari 268 SP Spider sold for $7,705,000 (RM Sotheby’s)

5. 1966 Ferarri 275 GTB Long Nose Alloy Coupe sold for $7,705,000 (RM Sotheby’s)

6. 1928 Mercedes-Benz 26/120/180 S Type Sports Tourer sold for $5,395,000 (Bonhams)

7. 1963 Shelby Cobra 289 R&P Roadster sold for $4,130,000 (RM Sotheby’s)

8. 1995 Ferrari F50 Coupe sold for $3,965,000 (RM Sotheby’s)

9. 1959 Aston Martin DB4 GT Lightweight Coupe sold for $3,855,000 (RM Sotheby’s)

10. 1967 Ferrari 275 GTB/4 Coupe sold for $3,662,500 (Gooding & Company)