Bonhams’ 2016 Scottsdale auction finished with a number of model-specific records in check. The field of cars was varied, with the primary glut of top-earning cars being of vintage European origin. Here are some standouts from the field.
Gone are the days where supercar buyers see depreciation following a new acquisition. If it wears a Porsche or Ferrari badge, expect year-over-year returns, especially for limited and special models. We were still uncertain of the market when the Porsche, McLaren, and Ferrari hybrid hypercar trio landed, and it seems as though these are no exception. At Scottsdale, an Alaskan Diamond White McLaren P1 crossed the auction block for a whopping $2.09 million, a record for the P1 model. This was number 371 out of 375 P1s produced, and the last one made for the U.S. market. With original factory prices hovering right around $1.35 million, it seems the P1 is another brand-new car to already capture blue-chip collector status.
Classic auction-block heroes were present as well, including a 1962 Mercedes-Benz 300SL Roadster (pictured below, sold at $1,485,000), a 1971 Ferrari 365 GTB/4 Daytona ($1,155,000), and a 1964 Aston Martin DB5 ($781,000).
While the market is still running strong, the Scottsdale auction might have shown a few weakening points. An immaculate 1977 Porsche 930 Turbo was slated to run up to $275,000, but resulted in a sale price of “just” $170,000. A handful of Ferrari 308s ran up to the $60,000 mark, where they have remained the past few years without much variance.
Take a look at some of the cars that crossed the block in the photo gallery below.