This President's Car Sells $28k More Than Previous Sale

The Daily Vroom

Good morning, Vroomers!

Happy Friday! You know what they say, “Ask and you shall receive!” So, here I am, asking if you could do me a solid and refer the newsletter to at least one friend. Sharing is caring, right? Thanks a bunch!


💰 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.

The reserve sell-through rate is just for cars that are listed with a reserve. The full sell-through rate includes all auctions, reserve and no-reserve.

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

After a few quieter days, yesterday was a spectacular day for sales, with nearly 200 vehicles crossing the finish line for a total of close to $6.5M. For the first time in a while, BaT sold over 100 vehicles—congrats to them! And for the second day in a row, PCarmarket made our leaderboard.


Click on the cars to check out each listing!

2019 Ferrari 488 Spider $290,000

1967 Porsche 911S Soft-Window Targa $265,000

1964 Lincoln Continental Convertible $200,000

2018 Porsche 911 GT3 6-Speed $170,000

1963 Chevrolet Corvette Split-Window Coupe $168,000

The Corvette King

Alright, I need to get something off my chest – I have a serious problem that's developed into a full-blown addiction. I spend an unhealthy, some might even say psychotic, amount of time going way too deep down internet rabbit holes researching buyers, sellers, comments, VINs…you name it.

Videos, backstories, motivations – I consume it all with an insatiable hunger. It's a colossal time suck, and I have zero accountability for when to rein it in.

So if anyone else out there suffers from this affliction and wants to admit they too are hopelessly hooked on internet car auction voyeurism, give me a shout.

Anyway, in my latest spiral, I stumbled upon one serious whale in the collector car world – the BaT user DDSEOE. This absolute ‘madman’ has bought a staggering 14 cars just on the BaT platform in 2023 alone! That's already more than most folks buy in a decade.

But get this – last year, he scooped up 38 cars…again, just on BaT. I can only imagine what other auctions and connections he's tapped into beyond that.

From what I could dig up, he appears to be on a mission to assemble one of the biggest, baddest Corvette collections on the entire planet. Of his many BaT acquisitions, a huge percentage have indeed been 'Vettes spanning pretty much every generation and spec you can imagine.

Records indicate he's already amassed over 60 Corvettes, with no signs of slowing the buying spree anytime soon. The apparent grand plan is to open up a full-blown Corvette museum to properly flaunt the hoard when it's all said and done. I've already marked the town of Bar Harbor on my maps for a future pilgrimage.

What's particularly wild is that DDSEOE mentioned in an obscure comment thread that he's also straight-up bought a ton of RNM Corvettes through backdoor BaT deals after the fact. Meaning the site itself has likely missed out on tens of thousands in fees over this one buyer's spending!

Naturally, one of his latest trophies was the split window '63 'Vette that hammered yesterday. An ultra-desirable and hard-to-find gem in that incredible Saddle Vinyl interior if I've ever seen one.

So while I can't seem to help myself from these codependent deep dives into online car auction dysfunction, I can certainly live vicariously through ballers like DDSEOE. Below are his latest three winners.

Alumni Catchup

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.

Folks, we've got to unpack the wild alumni auction action from yesterday – there are just too many juicy layers not to dissect here.

First up, let's look at that 1964 Lincoln Continental that previously belonged to President Lyndon B. Johnson himself. This presidential parade barge crossed the virtual auction block and managed to add a staggering $28,000 to its sale price compared to just 18 months ago!

$200,000 is still a hefty sum, no doubt about it. But for a legitimate piece of automotive history direct from the Oval Office with all that included presidential memorabilia? I'd argue the new owner got one hell of a deal on some incredible provenance and bragging rights.

The seller unloading LBJ's old Lincoln? None other than our buddy Wob.

Now check out this 1967 Porsche 911S Soft Window Targa that also traded hands yesterday. Wob was actually the seller when this same car last sold in 2023. Then the recent seller turned around and flipped it for $7,000 more than they paid Wob just months ago! Not quite a premium, but still a nice little risk-free "rental" profit.

But the biggest alumni bargain may have been this 1991 BMW 850i that hammered for an absolute steal in my book. Low mileage & exceptional condition.

The crazy(ish) part? This exact same 850i had way more eyeballs on it the first time around – like 10,000 views compared to just 6,000 on this recent successful auction. Might not be the reason for the lower price, but it’s certainly an interesting stat.

Your Feedback

Alright folks, let's circle back to that poll question from yesterday – "Do you believe there are still significant numbers of car enthusiasts and collectors who have never heard of Bring a Trailer?"

Well, the results are in, and they definitely back up what I've been preaching from my own anecdotal experiences out there in the real world. An overwhelming 75% of you agreed that yes, there absolutely is a huge contingent of gearheads and collectors who have zero clue what BaT even is!

I know, I know, it's pretty mindblowing for those of us who essentially live and breathe the online auction scene. BaT, Cars & Bids, Collecting Cars, SOMO, Hemmings etc.. – these websites are everyday reading material and constant topics of conversation in our little internet bubble.

But we have to remember that we're the outliers, the diehard minority who gets inexplicably hyped tracking every last Alfa Romeo relic or clapped-out Nissan 240SX project that gets posted. The majority of "real" car folks couldn't care less about this corner of the web.

Whether it's the wealthy collectors running in ultra-exclusive clubs and invitation-only events, or just the local wrenchers and cruise night crowd, so many passionate auto enthusiasts are still operating in those traditional offline spheres. Digital auctions and forums are completely off their radar.

Here’s a selection of your comments:

There are also high-end collectors who have never heard that Sotheby’s sells cars. Weird, I know, but I encountered it more frequently than you’d expect.

Yes, even deep die hard car guys I know have never heard of it and have no interest looking into it.

Very much so and I think that cars that fit the traditional BaT mold (anything aircooled, 4×4, vintage German, Italian, Japanese or super low mileage) tends to find the right buyers on the platform, but specialty cars and one offs often flounder a bit.

BaT is definitely the market leader (in both sales and name recognition) but their reach only goes so far, especially in the older generation of collectors.

Our minds can't fathom the "bigness" of this world and also the "smallness" of car collectors in this world.