1997 Land Cruiser Steal: Deal of the Century!

The Daily Vroom

Happy Friday, Vroomers!

It's Good Friday, and fingers crossed, that might spell some stellar sales all around. We've got a jam-packed lineup of auctions today and throughout the weekend—there's simply no downtime for us car enthisaists!


💰 The figures shared below don’t count any other sales such as car seats, memorabilia etc… All online auction sites are analyzed to put this leaderboard together.

I only include websites that have sold 5+ cars in the chart below.

BaT might not have hit the triple-digit sales like the day before, but landing at 94 is still pretty impressive. Cars & Bids really put in the work, managing to close deals on two cars post-auction – a nice boost in commissions for them, and well-earned at that. Hagerty's been on a roll with their No Reserve collection, keeping up a strong performance throughout the week. It does make you wonder, though, what's their next move? Constant No Reserve collections aren't a sustainable model year-round.

Over at Collecting Cars, it was another banner day with sales hitting the $1.4m mark, averaging out at a solid $77k per sale – a tidy sum in commissions for them for sure. In contrast, BaT clocked in $3.4 million in vehicle sales, with an average sale price of $36k. Seems like when you're moving volume like they are, not every sale's going to break the bank. But hey, it all adds up, right? Wrapping up, the day's total sales nearly touched $7m, marking it the best sales day of the week!


Three of the top 5 cars sold yesterday were from Collecting Cars 👏. The other two were from PCarMarket & BaT.

To view each listing, click on the cars.

1996 Lamborghini Diablo VT Roadster $270,000

2022 Porsche GT3 $250,500

2010 Mercedes-Benz SLS AMG $230,500

2001 Porsche 911 (996) GT2 Clubsport $216,100

1990 Mercedes-Benz 190E 2.5-16 Cosworth Evolution II $213,500

Corvette Sales

Corvettes have long been revered as legendary symbols of American muscle and performance, capturing the hearts of enthusiasts and collectors alike. For decades, the automotive world has witnessed the rivalry between Corvette lovers and Mustang aficionados—a testament to their iconic status in American car culture.

While the battle lines between the Corvette camp and the Mustang camp have been drawn for generations, it's fascinating to note that we're currently observing about 1/3 more sales of Corvettes than Mustangs. This shift underscores the Corvette's enduring appeal and its significant place in the market. Nowadays, there's a noticeable trend of newer Corvettes being flipped, signaling a robust demand and a dynamic marketplace. So lets take a look at the sales for March to see what interesting insights we can find.

The average sale price of a Corvette in March is $58,255. Total sales are just a tad over $6.5m.

Overall, Bring A Trailer is the most active platform with a broad range of Corvette sales across different decades, especially notable in the 1960s and 2000s. Hagerty and Hemmings show more selectivity with fewer sales, but still cover a range of decades, indicating a diverse interest in Corvettes across these platforms.

It’s no surprise that the 2020’s has the highest average sale price being all the newer models that are being flipped.

Above are the top 10 Corvette sales in March, all by Bring a Trailer. Those Z07 love being flipped!

Alumni Listings

Below are the top 5 Alumni sales yesterday. The arrows in the diagram below show whether the vehicle sale has gone down or up in value.

We've been keeping a close eye on Alumni sales over the last few weeks, and it's clear that the majority of vehicles do find new homes. Digging into the numbers, 75.2% of Alumni listings in March have successfully sold. Among those not listed as No Reserve, 65% of the reserve Alumni listings managed to meet their mark.

One Alumni listing that really stood out to me was a 1997 Toyota Land Cruiser that went for $27,500, a significant jump from its 2022 sale price of $17k. At first blush, this seems like a fantastic flip. But, the story gets a bit more nuanced—the owner who snagged it in 2022 passed it along to the current seller for an undisclosed amount. The 2022 buyer wasn't shy about investing in the truck, undertaking extensive refurbishments including engine resealing, wheel refinishing, and replacements of the water pump, heater bypass valve, thermostat, fan clutch, radiator, alternator, spark plugs, and ignition wires. What's more, this comprehensive suite of work, carried out at a Toyota Dealership, is well-documented, tallying up to over $20k in receipts!

I don't catch every 80 series that hits the auction scene, but I've yet to see one with a refurb and recon effort as thorough as this one. Considering all the documented dealership work, snagging this Land Cruiser for $27,500 is what the peanut gallery term as a ‘steal’. 😀

Auction Catch Up

The 2005 Porsche Carrera GT we discussed yesterday didn't find a new home; the auction capped at a high bid of $1,125,000. As we speculated, considering its low mileage and recent market performances, it was a long shot for the seller to let it go for under $1.2m, aiming more in the ballpark of $1.3m+. Interestingly, this listing didn't attract as much attention as others, seeing about 17% fewer views. Yet, as the tides of the car market ebb and flow, this Carrera GT's moment in the sun is bound to come again—whether that's next year or five years down the line remains to be seen. This was the week's second heavyweight to stay put, alongside the McLaren Speedtail, which also didn't meet its reserve at $1.6m.

For those who get a thrill from the high stakes of top-tier car auctions, I've got some exciting news: April is gearing up to showcase an array of truly jaw-dropping auctions. And by high-end, I'm not just talking the $1m range—I mean significantly higher. These upcoming vehicles are nothing short of spectacular. Stay tuned for more details next week…