A new record has been set at an online auction for cars.
Auction house RM Sotheby’s reports that a 2003 Ferrari Enzo sold for a record price of $2.64 million USD in late May. The sale was made via an online-only collector car auction. It broke the previous record for the most expensive car ever sold at an online auction. The car is exceptionally rare due to only having 1,250 miles on it. Plus it was optioned with “very rare two-tone racing seats with red 3D cloth inserts.”
The Ferrari supercar, which was sold by an owner based in California, was nearly matched in the auction. A 1985 Ferrari 288 GTO sold for $2.31 million during the same auction, which Sotheby’s branded its “Driving Into Summer” event. The week long event saw 217 cars and pieces of automotive memorabilia sold. It marked only the second time Sotheby’s has held an online-only car auction. In all, the event generated $16.4 million in sales.
In late March, Sotheby’s was forced to change a live car auction planned for Palm Beach, Florida into an online format due to the pandemic. That online auction proved to be very successful. Sotheby’s said in a news release that it netted “nearly 900 registered bidders — 23 per cent more than the average number of registered bidders at live Sotheby’s South Florida auctions over the last four years.”
Separately, a 2000 Honda Civic Si sold for $50,000 at the auction, setting a record for the sale of a Coupe. The Honda Civic Si features the first generation of Honda’s VTEC variable valve timing system, which is popular among car collectors.