Cars & Bids 1st Quarter Sales Results

The Daily Vroom

Good Morning, Vroomers!

Today’s it’s a bit later than usual, but we are not gonna miss out on sending The Daily Vroom to you. We’ve been now going for just over a year and have yet to miss a single day (Mon-Fri).


💰 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.

Yesterday, sales dipped back to earth, nearly reaching $6 million. BaT is on the verge of breaking into triple-digit sales again, a feat that could have been achieved if only that slantnose had found a buyer! Looking forward to today, the lineup doesn't feature as many high-end vehicles. However, there's still an impressive array of incredible cars on offer, and for those willing to search diligently in the right spots, some real bargains can be found.


Yesterday, several premium vehicles found their new owners. Kudos to Sotheby's Motorsport for achieving the second-highest sale, marking a record with the highest-ever Cybertruck sale online at $250,000. Remarkably, this CYBERBEAST was initially purchased for around $130,000, allowing the seller to nearly double their investment. In a market where many Cybertrucks are either not meeting reserve prices (RNM) or witnessing a downward trend in pricing, Sotheby’s Motorsport has defied expectations and secured an impressive profit for the seller.

Currently, there are two Cybertrucks up for auction. One is available on Cars & Bids, and the other, a no-reserve listing, is on SBX Cars. It will be interesting to see their final selling prices.

To explore each listing, please click on the cars.

2018 Porsche 911 GT2RS $303,000

Cyberbeast – Tesla Foundation Series $250,000

1971 Mercedes-Benz 280SL 6-Speed $201,000

2010 Ferrari 612 Scaglietti Oto $177,000

2022 Porsche 911 Targa 4S $172,000

Mini Dive Into Cars & Bids 1st Quarter Of The Year

Today's rundown isn't about flooding you with diagrams; it's a quick glance at how Cars & Bids vehicle sales have shaped up this year. They have been fairly consistent in the number of vehicles they have sold each month, although dollar volume has increased as you can see below with their sales. (we don’t include any after sales that they do so well, as we don’t have those sale numbers!)

The average price of cars sold for each month is as follows: (rounded up)

  • Average Price Sold Each Month:

    • Jan 2024: $28k

    • Feb 2024: $29k

    • Mar 2024: $29k

The total sales value just tipped over $34 million. Continuing at this pace, they're tracking towards a $136m in sales this year. No doubt, they're aiming for even loftier figures. It'll be interesting to watch how things unfold in the upcoming weeks and months.

The bars should be labeled January, February, March, ooops! But you can see the trend which is the important part. Below are their top 10 sales in the first quarter. The Lamborghini Roadster was their fourth highest ever sale. Will be interesting to see if this quarter or even this year they can break the $1m barrier.

We can dig a little deeper to see which Makes they sell the most of. BMW being the number 1. Interestingly they saw over double the amount of Audi sales last month. Maybe that’s an ‘untapped’ market they should be doubling down their marketing on?

Alright, let's dive into the pricing tiers for the cars they've managed to sell. It's pretty evident that the $0-$25k range is where they're really hitting their stride at the moment. But, of course, that doesn't mean it's set in stone. This year, there's been a noticeable push from their side to feature pricier rides, think McLaren P1 level of fancy. The real challenge now? Converting those luxe listings into actual sales.