QOTD: Big Bucks Surprise?
It’s no secret that wherever enthusiasts — of any person, place, or thing — get together, mad money soon follows. Look at the huge money being commanded for certain rock n’ roll memorabilia, or rare artwork by a noted painter. Your author just bid obscene money for a frame containing handwritten liner notes, a platinum record, and a picture signed by some famous Canadian musicians. My bank account weeps but my office walls are happy.
It is the same, of course, with cars. Some recent models have skyrocketed in value, while a few others have traded on famous names. What’s been your biggest surprise of late?
On Saturday, I watched someone at Barrett-Jackson pay $300,000 for a BMW M3 Lightweight. With a carbon copy currently on Bring-a-Trailer for fifty grand, it was clear the Paul Walker connection commands a hefty premium. Other examples sold for similar cheddar. BMW never disclosed how many of the things it built, but consensus puts it around 125 units.
If that number is even close to correct, the half dozen or so that popped up this week at Barrett-Jackson and Bring-a-Trailer represent about 5 percent of total production. To put that in perspective, there would have to be over a million original VW Bugs for sale simultaneously to equal roughly the same percentage of vehicles built.
Supras also bring jaw-dropping money, of course. It’s not limited to the A80 series, either. A low mile (
What sale prices have raised your eyebrows lately? Comment below.
[Image: © 2020 Matthew Guy/TTAC]