The figures shared below don’t count any other sales such as car seats, memorabilia etc..

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

The online market witnessed a notable improvement yesterday, registering sales of $6.5m, a rise from $5.2m on the day prior. This surge can be attributed in part to Bring A Trailer, which saw its sales jump from $3.5m to $4.4m. Additionally, Cars & Bids also experienced an uptick, reaching $719K in sales. And Collecting Cars sold close to $1m worth of cars.

A Curious Case at the Sotheby's Motorsport Auction

Yesterday, the new platform Sotheby's Motorsport hosted an auction for a 2022 Maserati MC20. The auction drew to a close with a final bid of $210,000, and notably, there was no activity in the bidding during the last 48 hours. This sale has piqued my interest for a few reasons.

Firstly, the final bid of $210,000 seems unusually low for such a model. Given the recent sales trends, where similar vehicles with even lower mileage went for $250,000 and $262,000, this sale appears to be quite the steal for the buyer.

Moreover, Sotheby's Motorsport stands out as the only online platform that levies charges on both the buyer and the seller. With the seller incurring a 2.5% fee, their takeaway from this sale is just shy of $205,000.

Considering the pedigree of the car, the platform's unique fee structure, and the recent sales trends, there's a lingering question: Why did this Maserati MC20 sell at such a discounted rate? It's a situation worth delving deeper into, as the numbers, at first glance, don't seem to add up.

Mercedes-AMG, often referred to simply as AMG, stands as the high-performance subsidiary of the iconic Mercedes-Benz brand. Established in 1967 by Hans Werner Aufrecht and Erhard Melcher, the brand has its roots in Großaspach, Germany. AMG initially focused on designing and testing racing engines. Today, it represents the pinnacle of performance and luxury, seamlessly combining the two into vehicles known for their speed, agility, and elegance. ️✨

Mercedes-Benz AMG in August 2023: A Market Snapshot

In August 2023, the Mercedes-Benz AMG market saw vibrant activity across various platforms:

• Sales Overview: A total of 21 AMG cars found new owners this month, showcasing the sustained demand for this luxury performance brand.

• Platform Dynamics: All sales took place on "Bring A Trailer", followed by "Cars And Bids" and "Collecting Cars".

• Pricing Insights: The cars spanned a broad price spectrum, with the priciest AMG fetching a whopping $207,000 and the most budget-friendly option settling at $11,154.

• Yearly Trends: The G-Class continued its reign of popularity, especially for the latest models. This is consistent with AMG's reputation for blending ruggedness with luxury.

• Color Preferences: Black emerged as a favorite, both for interiors and exteriors, echoing the timeless elegance associated with the brand.

The majority of AMG sold this month were under $100K.

For Mercedes-Benz AMG online sales this August, it's evident that newer vehicles command higher prices.

In the chart above, the distinct color-coding for each platform vividly highlights the range of manufacturing years of Mercedes-Benz AMG vehicles they've sold.

This 2017 Porsche Panamera Turbo that recently found its new home on Cars & Bids for $63,000. This luxurious masterpiece boasts a stunning Agate Grey Metallic exterior and an Agate Grey interior, bringing together power, elegance, and unmatched performance.

Fun Facts: This 2017 Porsche Panamera Turbo delivers a thunderous 550 horsepower from its twin-turbocharged V8 engine.

Show & Tell: With an original price tag of $187,330, this Panamera Turbo showcases the remarkable value it offers. The window sticker reveals a plethora of luxurious features, from the panoramic sunroof to the 18-way adjustable and heated Adaptive Sport Seats. Its twin-turbocharged V8 engine, coupled with Porsche's engineering prowess, ensures an exhilarating driving experience.

Buyer's Take: The buyer of this Porsche Panamera Turbo not only acquired a car of exceptional power and luxury, but also gained access to a piece of engineering brilliance that offers both sophistication and a thrilling driving experience. This sale exemplifies getting a ton of car for the money, combining performance, prestige, and a legacy of excellence.

Welcome to "Ferrari Fever," where we celebrate the unbridled spirit of one of the most iconic names in the automotive world. There's something undeniably captivating about the sleek lines, roaring engines, and the sheer allure of a Ferrari. It's more than a car; it's a symbol of speed, elegance, and raw emotion.

In this section, we're shining a spotlight on five of the finest Ferrari specimens currently up for auction. Get ready to indulge your passion and explore the pinnacle of automotive excellence. Let's dive into a world where driving is an art, and Ferraris are the masterpieces.

Here’s a question I received yesterday:

My answer:

Marqued Auctions, with its backing from Porsche Digital Inc. are a reputable company and have been around for circa 18 months.

My take on their approach is that they might have leaned towards producing 'high-end' content, rather than concentrate on their bread and butter which is listing and selling cars.

As for the prevalence of Maryland listings, it appears that a notable dealer in that region is most likely supplying many of the vehicles they have for auction. Currently there is just 1 car up for auction on the site, so I’m not sure how much longer they’ll be around for .

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