What a thrilling month August was for car auctions with over 4500 vehicles being sold in online auctions, which is 500+ more than in July!

Above is is a word cloud for all the car models in sold in August. The size of each word indicates its frequency; larger words represent models that appear more frequently in the sales in August.

Below are the top 10 most expensive sales of the month.

The highlight of the month was undoubtedly the 1976 Porsche 934 Race Car. Its distinct allure and celebrated history crowned it as the top sale of the month, fetching a remarkable $1,550,000.

Not far behind was the 2021 Ford GT ’66 Heritage Edition  , an embodiment of contemporary engineering boasting advanced features and a distinct design, which sold for $1,385,000. Following closely, its kin, the 2019 Ford GT  , commanded a price of $945,269, further emphasizing Ford's dedication to continuous evolution and innovation.

The 1958 Ferrari Testa Rossa ️, an emblematic vehicle recognized for its potent performance and timeless aesthetics, secured a notable $800,000.

Steering our focus away from the obvious highlights, an intriguing find emerged. The 427 fe Side-Oiler-Powered Superformance GT40 MKII from Ford stood out as a significant sale. This particular Superformance GT40 MKII is a right-hand-drive model ordered in 2004 and delivered to its first owner in 2007. Notably, it played a pivotal role in cinema, providing the audio recordings for the GT40-related soundtrack for the acclaimed 2019 movie "Ford v Ferrari".

For the aficionados of numbers, the cumulative value of vehicles auctioned across all platforms surpassed an astounding $185 million, 20 million more than the previous month.

Moreover, the average price of the vehicles auctioned was close to $42K.

Here are the average sale prices (rounded up) for the most active platforms (in terms of vehicles auctioned):

• Bring A Trailer: $48K

• Cars And Bids: $31K

• Car & Classic: $23K

• Collecting Cars: $55K

• PCARMARKET Auctions: $70K

• Hemmings Auctions: $23K

• Hagerty: $49K

These statistics unveil a lively and flourishing automotive auction market, with a diverse range of vehicles being traded at various price points. The subsequent insights will delve deeper into this vibrant landscape.

Bring A Trailer are still streets ahead of the rest of the market in terms of pure sale numbers. For the statisticians amongst you BaT had 4.68 more sales than their nearest competitor, Cars & Bids.

Before I delve into the insights for August, I want to clarify that my analysis covers more online auction websites than those listed below. However, I have chosen to focus on the platforms that have substantial sales data for the insights I'll be sharing.

Please be assured that even the smaller auction websites have contributed to the overall numbers and are considered in the comprehensive analysis.

I have also refrained from including any cars sold post-auction in the figures you're about to see. I'm adhering strictly to reporting only those sales that occurred prior to the auction's conclusion. It's worth noting that many websites work diligently to secure car sales even after the auction has ended and some don’t bother!!

In recent months, the top 5 car makes have consistently maintained their leading positions. What was surprising to me, however, is the growing popularity of Jaguar, who moved up from number 10 last month to number 7 this month. So let’s have a quick look at Jaguar’s sales in a little more detail.

Jaguar Sales Insights for August:

 Jaguar's Jewels: Jaguars have always been associated with luxury and performance. In August, the E-Type and XJ were the most sought-after models, capturing the essence of Jaguar's design and engineering prowess.

 Platforms Galore:

• Bring A Trailer was at the forefront, selling 55 Jaguars.

• Car & Classic followed closely with 41 sales.

• Bonhams Online also played a significant role with 12 Jaguar vehicles auctioned.

• Other platforms like Collecting Cars, Cars And Bids, and Catawiki contributed to the sales, showcasing the widespread appeal of Jaguar vehicles.

Now it’s time to delve deep into the platforms and see exactly what they’re selling and at what price.

Just before we start, lets analyze the top 5 makes across all platforms.

Porsche: Porsche's selling prices in August ranged from $5,500 to a maximum of $1,550,000. The median price was $50,000, which is higher than the other makes, suggesting that Porsches generally fetched higher prices. The broad range indicates variability, with the upper whisker showing that some Porsches were sold for extremely high prices. There were also outliers sold for even higher values.

Ford: Ford had selling prices ranging from $3,740 to a high of $1,385,000. With a median price of $27,827, its distribution is more compact compared to Porsche's. While the median price is lower than Porsche's, there are a few Ford cars that fetched prices on the higher side, as evidenced by the outliers.

BMW: BMW cars were auctioned off for prices between $2,600 and $260,000. The median price for BMW was $19,250, which is lower than both Porsche and Ford. The relatively confined range of prices, from the lower to the upper whisker, suggests less variability in the selling prices of BMW cars.

Chevrolet: Chevrolet's cars were sold for prices ranging from $2,212 to $230,000. With a median price of $30,000, Chevrolet has the lowest median price among the top 5 makes. However, similar to Ford, there are some Chevrolet cars that were outliers on the higher side.

Mercedes-Benz: Mercedes-Benz had cars that sold between $2,340 and $330,000. The median price for Mercedes-Benz was $21,725, which is slightly higher than BMW. The distribution of prices for Mercedes-Benz is similar to BMW, with a few cars fetching prices as outliers on the higher end.

This visualization provides a clear representation of the price distributions for each make, from the lower quartile to the upper quartile, with medians and potential outliers also highlighted. Detailed numbers below the chart.

Here's the summary for the top 5 makes sold on Bring A Trailer in August:

Porsche:

• Price Range: $7,200 to $1,550,000

• Median Price: $59,250 Porsche cars, with their luxury and sporty appeal, fetched a broad range of prices in August. The substantial difference between the minimum and maximum prices suggests that both classic and modern Porsches were auctioned. The median price, being significantly higher than some other makes, reflects the brand's premium positioning in the market.

Ford:

• Price Range: $6,400 to $1,385,000

• Median Price: $29,250 Ford cars exhibited a wide spectrum of selling prices, from everyday models to potentially rare classics or high-performance variants. The median price suggests that a significant number of regular Ford cars were auctioned, but some outliers fetched premium prices.

Chevrolet:

• Price Range: $4,000 to $230,000

• Median Price: $33,541.50 Chevrolet, a staple American brand, had cars auctioned across a diverse price range. The median indicates a mix of everyday cars and performance or classic models being sold.

BMW:

• Price Range: $4,400 to $260,000

• Median Price: $21,000 BMW cars, known for luxury and performance, were sold across a wide range in August. The median price suggests a higher number of their luxury sedans and SUVs being auctioned, with some premium or classic models fetching higher prices.

Mercedes-Benz:

• Price Range: $5,100 to $330,000

• Median Price: $22,250 Mercedes-Benz, another luxury brand, saw its cars being sold across a considerable price range. The median indicates the brand's luxury sedans and SUVs being predominant in the auctions, but some classic or high-performance models were also sold at premium prices.

911 (Porsche):

• Price Range: $14,750 to $1,550,000

• Median Price: $75,250 The Porsche 911 continues to exhibit a broad spectrum of prices with a significant concentration around the median. This model's appeal and value in the auction market are evident.

Corvette (Chevrolet):

• Price Range: $10,250 to $230,000

• Median Price: $60,000 The Chevrolet Corvette's distribution is quite even, with a noticeable concentration around the median price.

3 Series (BMW):

• Price Range: $5,700 to $146,000

• Median Price: $18,000 The BMW 3 Series has a peak at the lower price range, indicating a higher number of cars sold at prices closer to the median.

Land Cruiser (Toyota):

• Price Range: $9,450 to $109,000

• Median Price: $33,000 The Toyota Land Cruiser showcases a fairly narrow distribution compared to the other models, with a clear concentration around the median price.

Mustang (Ford):

• Price Range: $7,000 to $133,000

• Median Price: $32,000 The Ford Mustang exhibits a distribution with a denser concentration around the median, suggesting a general consistency in the auction prices for this model.

The most popular year in the 2000s for cars sold on Bring A Trailer was 2005. Cars sold in that year include the "2005 Ford GT," which was one of the most expensive at $455,555, and the "2005 Jaguar s-Type 4.2," which was one of the least expensive at $5,750.

BMW:

• Price Range: $5,100 to $83,700

• Median Price: $17,000 BMW cars, renowned for their luxury and performance, had a broad range of selling prices. The median price suggests that a mix of newer and older models were auctioned.

Ford:

• Price Range: $5,950 to $124,000

• Median Price: $24,000 Ford cars exhibited a diverse price spectrum, capturing both everyday vehicles and some high-performance or rare models. The median price indicates a higher number of their popular cars being auctioned.

Mercedes-Benz:

• Price Range: $3,700 to $121,000

• Median Price: $18,750 Mercedes-Benz vehicles, with their luxury appeal, fetched a wide range of prices. The median price reflects the brand's luxury sedans being predominant in the auctions, but some classic or high-performance models were also present.

Porsche:

• Price Range: $9,100 to $247,000

• Median Price: $34,000 Porsche, with its sporty and luxury reputation, had cars auctioned across a varied price range. The median price, being higher than some other makes, indicates the brand's premium positioning in the market.

Toyota:

• Price Range: $5,500 to $85,000

• Median Price: $12,300 Toyota cars, known for their reliability, showcased a range of selling prices. The median price suggests that everyday models were more frequent in the auctions, with some older or rare models fetching higher prices.

3 Series (BMW):

• Price Range: $6,700 to $63,000

• Median Price: $17,125 The BMW 3 Series, a popular luxury sedan, displayed a range of selling prices in August. The median price suggests that a mix of both newer and older versions of the 3 Series were auctioned.

5 Series (BMW):

• Price Range: $5,100 to $38,000

• Median Price: $10,500 Another favorite from BMW, the 5 Series, showcased a wide range of selling prices, indicating that various versions and conditions of the model were on offer.

911 (Porsche):

• Price Range: $22,000 to $247,000

• Median Price: $43,482 Porsche's iconic 911 model fetched a diverse range of prices. The substantial price range indicates the presence of both classic and modern versions of the 911 in the auctions.

MX-5 Miata (Mazda):

• Price Range: $6,101 to $36,000

• Median Price: $12,500 The Mazda MX-5 Miata, known for its sporty appeal and driving dynamics, exhibited a variety of selling prices. The median price reflects the model's broad appeal and suggests a mix of newer and older versions being sold.

Model S (Tesla):

• Price Range: $23,000 to $64,000

• Median Price: $41,000 Tesla's Model S, a popular electric sedan, was sold across a notable price range. The median price indicates that both older and newer versions of the Model S were present in the auctions.

The most popular year for cars sold on Cars And Bids was 2001. Cars sold in that year includes the "2001 Ferrari 360 Spider," which was one of the most expensive at $64,000, and the "2001 Audi TT Quattro Roadster," which was one of the least expensive at $6,561.

BMW:

• Price Range: $6,500 to $143,650

• Median Price: $23,725 BMW vehicles, known for their blend of luxury and performance, spanned a wide range of selling prices in August. The median price suggests that a mix of both modern and classic models were auctioned.

Ferrari:

• Price Range: $39,865.80 to $605,000

• Median Price: $115,700 Ferrari, a brand synonymous with luxury and speed, fetched a diverse range of prices. The significant price range indicates that both classic and more recent models of Ferrari were present in the auctions.

Land Rover:

• Price Range: $10,660 to $94,250

• Median Price: $35,750 Land Rover, recognized for its rugged SUVs, saw a range of models being auctioned. The median price reflects the brand's luxury SUVs being predominant in the auctions.

Mercedes-Benz:

• Price Range: $3,950 to $319,300

• Median Price: $26,323.70 Mercedes-Benz vehicles, epitomizing luxury and innovation, were sold across a varied price range. The median price suggests a higher number of their luxury sedans and SUVs being auctioned, with some classic or high-performance models fetching higher prices.

Porsche:

• Price Range: $7,312.50 to $416,000

• Median Price: $45,500 Porsche cars, with their combination of luxury and sportiness, were auctioned across a diverse price range. The median price, being higher than some other makes, reflects the brand's premium positioning in the market.

3 Series (BMW):

• Price Range: $6,500 to $115,700

• Median Price: $25,564 The BMW 3 Series, a popular luxury sedan, displayed a range of selling prices in August. The median price suggests that a mix of both newer and older versions of the 3 Series were auctioned.

911 (Porsche):

• Price Range: $13,000 to $416,000

• Median Price: $58,872.50 Porsche's iconic 911 model fetched a diverse range of prices. The substantial price range indicates the presence of both classic and modern versions of the 911 in the auctions.

Defender (Land Rover):

• Price Range: $10,790 to $94,250

• Median Price: $40,300 Land Rover's Defender, known for its ruggedness and off-road capability, showcased a range of selling prices. The median price reflects the model's broad appeal and suggests a mix of newer and older versions being sold.

G-Class (Mercedes-Benz):

• Price Range: $11,275 to $319,300

• Median Price: $30,600 Mercedes-Benz's G-Class, a luxurious and rugged SUV, fetched a variety of selling prices. The median price indicates both classic and modern versions of the G-Class being auctioned.

SL-Class (Mercedes-Benz):

• Price Range: $11,550 to $103,950

• Median Price: $22,750 The Mercedes-Benz SL-Class, a luxury roadster, fetched a variety of selling prices. The median price indicates both classic and modern versions of the SL-Class being auctioned.

The most popular year for cars sold on "Collecting Cars" was 2005. Cars sold in that year includes the "2005 Ferrari F430 F1," which was one of the most expensive at $74,750, and the "2005 Porsche (987) Boxster," which was one of the least expensive at $8,580.

BMW:

• Price Range: $2,600 to $135,200

• Median Price: $7,995 BMW vehicles, renowned for their blend of luxury and performance, spanned a wide range of selling prices in August. The median price suggests that a mix of both modern and classic models were auctioned.

Jaguar:

• Price Range: $2,860 to $120,250

• Median Price: $17,875 Jaguar, a brand synonymous with luxury and elegance, fetched a diverse range of prices. The significant price range indicates that both classic and more recent models of Jaguar were present in the auctions.

Land Rover:

• Price Range: $4,070 to $31,200

• Median Price: $12,285 Land Rover, recognized for its rugged SUVs, saw a range of models being auctioned. The median price reflects the brand's luxury SUVs being predominant in the auctions.

Mercedes:

• Price Range: $1,105 to $101,750

• Median Price: $14,950 Mercedes vehicles, epitomizing luxury and innovation, were sold across a varied price range. The median price suggests a higher number of their luxury sedans and SUVs being auctioned, with some classic or high-performance models fetching higher prices.

Volkswagen:

• Price Range: $4,400 to $63,830

• Median Price: $15,600 Volkswagen cars, with their combination of reliability and style, were auctioned across a diverse price range. The median price reflects the brand's variety of models in the market.

Defender:

• Price Range: $21,125 to $31,200

• Median Price: $29,900 The Defender, known for its ruggedness and off-road capability, showcased a consistent range of selling prices in August. The median price indicates its popularity among off-road enthusiasts.

M5 (BMW):

• Price Range: $13,650 to $36,075

• Median Price: $18,850 The BMW M5, a high-performance luxury sedan, exhibited a variety of selling prices. The median price suggests that both classic and newer versions of the M5 were present in the auctions.

SL500 (Mercedes-Benz):

• Price Range: $7,930 to $19,175

• Median Price: $10,887.50 The Mercedes-Benz SL500, a luxury convertible, fetched a range of prices. The median price suggests that this model is popular among classic car enthusiasts.

TR4:

• Price Range: $19,500 to $29,705

• Median Price: $21,125 The TR4, a classic sports car, had a consistent selling price range, highlighting its collectible status among car enthusiasts.

XJS:

• Price Range: $8,710 to $23,925

• Median Price: $20,670 The XJS, a luxury grand tourer, fetched a variety of selling prices. The median price reflects its appeal among classic car lovers.

The most popular year for cars sold on "Car & Classic" was 2000. Cars sold in that year includes the "2000 Subaru Impreza P1," which was one of the most expensive at $33,150, and the "2000 BMW Z3 Roadster," which was one of the least expensive at $3,250.

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