The Daily Vroom

Good morning Vroomers,
A heartfelt thank you to all who joined our community over the weekend! Welcome to a world brimming with captivating statistics, insightful analysis, and emerging trends. We're thrilled to have you here, and we can't wait to share more exciting content with you!
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Based on the numbers and the vehicles currently up for auction this week, it's reasonable to expect an uptick in sales this week. The combination of active listings and the potential buyer interest they generate indicates a positive trend in the market. As always, it will be intriguing to see how the auctions unfold and if the increased activity translates into higher sales figures.
Here’s what I’m covering in today’s issue:
Listings this week – Prepare for some number crunching…
Sales last week – Discover who's soaring to new heights and who's taking a little dip.
Ford F-150 – Unveiling the sales trends, showcasing the power and allure of these iconic trucks.
Up for auction – Brace yourself for an impressive lineup of exceptional cars that are stealing the spotlight. Get ready to bid!

LISTINGS THIS WEEK
The Daily Vroom has been buzzing with discussions about Hagerty in recent days, although they didn't make it onto the list below as they have only been averaging two listings per day. The same goes for other beloved platforms that haven't been listing many vehicles.
But let's not delay any further, it's time to reveal this week's listing numbers. Please note that the numbers may slightly change as some auctions get canceled for various reasons. Rest assured, I'll keep you updated with daily sales numbers from Monday to Friday, and I'll also provide the sell-through percentage for all platforms that sell more than five cars per day.


SALES LAST WEEK

Currently, there are two standout platforms that are leading the pack in terms of the sheer number of vehicles sold – Bring A Trailer and Cars & Bids. Both have a consistently high sell-through rate.
When it comes to the total value of cars sold last week, Collecting Cars slightly outperformed Cars & Bids. However, Collecting Cars charges a higher average percentage of fees, averaging around 7% (fees vary across different countries), whereas Cars & Bids charges a flat rate of $4.5%. Additionally, Collecting Cars has a higher maximum fee compared to Cars & Bids. In terms of overall revenue, Bring A Trailer takes the second spot after factoring in fees.
As a total number, the value of cars sold last week online was just over $35m. You can see why everyone wants a piece of the market!
It's worth noting that Collecting Cars boasts a significantly larger team, although exact employee numbers are not readily available. The intricacies of different currencies and fee structures add further complexity to the comparison. Exploring this topic in detail would require a much more extensive post, (which will come) but I hope this gives you a sense of the overall picture.

FORD F-SERIES AMERICA’S NUMBER 1 TRUCK

Who would have thought that the Ford F-Series would continue its reign as America's best-selling truck for a mind-blowing 46 years straight?
Well, it did, and boy, is it still going strong! With over 640,000 sales in 2022, the F-Series has once again claimed the top spot and left its competitors in the dust.
I mean, come on, that's some serious truck power right there! The F-Series, including the mighty F-150, has won the hearts of truck enthusiasts across the nation. Its rugged charm, unmatched durability, and impressive capabilities make it a force to be reckoned with on the roads.
I have to give credit where credit is due. Ford has truly outdone itself with the F-150. It's not just a truck; it's a symbol of American ingenuity, strength, and a little bit of that good ol' truck envy. Whether you need it for work or play, the F-150 delivers the goods and leaves you with a smile on your face.
So let’s take a look at the top 10 sales this month.

When it comes to assessing the performance of a market, I believe in taking a holistic view rather than focusing on isolated data points. That's why I'm to sharing with you the top 10 sales from the month of June, giving us a broader perspective on the market trends and standout transactions.

Unraveling the Sales Trends: 2022 F-150 Lightning Lariant
When it comes to analyzing sales data, drawing direct correlations between different months can be challenging, especially considering the various F-150 models and different years involved. However, let's focus on one specific model that can shed light on the current pricing trends in the online market: the 2022 F-150 Lightning Lariant. It's worth noting that Cars & Bids have been leading the way for this particular model.
Now, let's take a closer look at the sales figures from the past few months, which will provide valuable insights into the pricing landscape for the 2022 F-150 Lightning Lariant.



CARS UP FOR AUCTION THAT YOU MIGHT HAVE MISSED!!
Save yourself the hassle of sifting through hundreds of daily auctions! I've done the hard work for you and curated a selection of hidden treasures from various platforms. These remarkable vehicles might have slipped under your radar, but fear not, I've got them right here for your viewing pleasure. Say goodbye to endless scrolling and get ready to discover some amazing finds from different platforms in one convenient place!
Underneath each picture you will see the name of the car. If you click on the name it will take you directly to the auction.

That's a wrap for today.
See you tomorrow. For more auction news before then, follow @dailyvroom

