RM Sotheby’s $30.4m Arizona Car Sale Kicks Off 2020 With Success In All Categories

2008 Bugatti Veyron 16 ©2020 Courtesy of RM Sotheby's

International car auctioneer RM Sotheby’s kicked off its 2020 calendar with its 21st annual Arizona auction, bringing in a total of $30.4 million in sales, with 90 percent of all lots sold. The two-night auction, held at the Arizona Biltmore in Phoenix during Arizona Car Week, saw bidders from 26 countries in the room and via phone and internet, 25 percent of them registering to bid with RM Sotheby’s for the first time.

2018 Pagani Huayra Roadster Zachery Walker ©2020 Courtesy of RM Sotheby’s

The top sales featured modern supercars including a 2018 Pagani Huayra Roadster, the 42nd of 100 built, finished in stunning Blue TriColore with exposed carbon weave trim throughout and showing less than 200 miles, which sold for a final $2,370,000. Other supercars featured included a low-mileage, silver metallic over bright silver 2008 Bugatti Veyron 16.4, one of 178 fixed roof coupes built to the original specifications, going for $1,105,000, while a Riviera Blue 2017 Ford GT sold for $923,500.

1967 Ferrari 330 GTS by Pininfarina Andrew Miterko ©2019 Courtesy of RM Sotheby’s

A Classiche-certified 1967 Ferrari 330 GTS, of of 99 from Pininfarina refinished in the stunning shade of Grigio Ferro achieved $1,710,000, while a Rosso Corsa 1971 Lamborghini Miura P400 SV by Bertone brought $1,391,000. Other highlights from an 18-car private collection included a 1991 Vector W8 Twin Turbo, which set a new record for the marque at $720,000. A 2002 Dodge Viper GTS ACR Final Edition drew a good deal of interest and sold over estimate at $114,800.

1937 Mercedes Benz 540 K Coupe by Hebmüller Darin Schnabel ©2020 Courtesy of RM Sotheby’s

Desirable classic Mercedes-Benz models also featured strongly in RM Sotheby’s Arizona sale. A CCCA Full Classic 1937 Mercedes-Benz 540 K Coupe, with unusual coachwork converted to Coupe configuration in period by coachbuilder Hebmüller, sold for $995,000. Other classic Mercedes highlights included a rare 1956 Mercedes-Benz 300 Sc ‘Sunroof’ Coupe, two 300 SL models, a 1955 300 SL Gullwing and a 1957 300 SL Roadster finished in a striking original colour of Strawberry Metallic which sold for $973,000.

See also: Coronavirus – An Update From Sotheby’s


RM Sotheby’s Arizona auction 2020: Darin Schnabel ©2020 Courtesy of RM Sotheby’s

Following the aucion, Gord Duff, Global Head of Auctions, RM Sotheby’s, said :“There was a great energy and busy crowds from preview through Friday night, which translated to a 90 percent sell-through rate and healthy prices for the best of the best cars across all categories. The finest pre-war Classics like the Groendyke Cadillac V-16 Sport Phaeton and the Mercedes-Benz 540 K Coupe, along with iconic sports cars such as the Ferrari 330 GTS and Lamborghini Miura, through to low-mileage supercars including the Pagani Huayra Roadster, Bugatti Veyron, and Fort GT all brought well-deserved results.”

See details of future auctions here.

See also: BMW powers into luxury market with quartet of high-performance sports cars

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