The average sale price of a vehicle sold in 2021 was $428,004, up from $334,114 in 2019, according to Hagerty. “The collector car market has weathered the pandemic and then some," said Brian Rabold, vice president of automotive intelligence for Hagerty, in his auction report. (That price beat the $19.8 million McLaren F1 that scored the high mark in 2019.) “Monterey provided a reminder that live auctions continue to serve an important role, especially as a venue for exceptional top-dollar cars," Rabold wrote. As usual in blue-chip automotive auctions, a large portion of the top sellers across all sales were Ferraris; five of the top 10 cars sold were vintage Ferraris.

Source: Hindustan Times August 16, 2021 20:26 UTC