2015 Scottsdale Arizona Classic Car Auctions Top Results

1964 Ferrari 250 LM by Scaglietti Front, lights on
1964 Ferrari 250 LM by Scaglietti – $9,625,000 © 2015 Darin Schnabel, Courtesy of RM Auctions

At the 2015 Scottsdale, Arizona collector car auction week, 42 cars sold for over a million dollars with a 1964 Ferrari 250 LM setting a new record price. Of the million-dollar-plus cars, 16 were Ferraris, 8 Mercedes Benz, 5 Selby Cobras, and 4 Porsches. RM Auctions sold 17 cars for over a million at the 2015 Arizona sale, followed by Gooding with 11, Barrett Jackson with 9, Bonhams with 4, and Russo and Steele with one.

Million-Dollar Cars at the 2015 Scottsdale, Arizona Auctions

The following 42 cars sold for more than a million dollar each at auctions during the annual mid-January Scottsdale and Arizona collector car sales:

Year Car Price ($) Auction House
1 1964 Ferrari 250 LM 9,625,000 RM
2 1966 Ferrari 275 GTB Competizione 9,405,000 Bonhams
3 1959 Ferrari 250 GT LWB California Spider 7,700,000 Gooding
4 1966 Shelby Cobra 427 Super Snake *5,115,000 Barrett Jackson
5 1962 Ferrari 400 Superamerica SWB Coupe Aerodinamico 4,070,000 Gooding
6 1950 General Motors Futurelines Parade of Progress Tour Bus **4,000,000 Barrett Jackson
7 1967 Ferrari 275 GTB/4 3,657,500 RM
8 1973 Ferrari 365 GTB/4 Daytone Spider 3,300,000 RM
8 1954 Pontiac Bonneville Special Motorama Concept Car 3,300,000 Barrett Jackson
10 1966 Ferrari 275 GTB 2,750,000 RM
10 1984 Ferrari 288 GTO 2,750,000 RM
12 1968 Ferrari 330 GTS 2,420,000 Gooding
13 1966 Ferrari 275 GTS 2,365,000 RM
14 1966 Porsche 906 Carrera 6 1,980,000 Gooding
15 1963 Ferrari 250 GT Lusso 1,925,000 Gooding
16 1971 Lamborghini Miura SVJ 1,897,500 RM
17 1959 BMW 507 Series II 1,815,000 Gooding
18 1962 Ferrari 250 GT Cabriolet Series II 1,705,000 RM
18 1988 Porsche 959 Sport 1,705,000 Gooding
20 1965 Porsche 904 Carrera GTS 1,650,000 RM
20 1949 Talbot-Largo T-26 Grand Sport Coupe Franay 1,650,000 Barrett Jackson
22 2005 Ferrari FXX Evozione 1,622,500 RM
23 1965 Ferrari 275 GTS 1,595,000 Gooding
23 1965 Shelby Cobra 427 Roadster CSX 3169 1,595,000 Barrett Jackson
25 1960 Mercedes Benz 300 SL Roadster 1,567,000 Gooding
26 1953 Bentley R-Type Continental Sports Saloon 1,525,000 RM
27 1955 Mercedes Benz 300 SL Gullwing 1,485,000 RM
28 1957 Mercedes Benz 300 SL Roadster 1,430,000 Russo and Steele
29 1955 Mercedes Benz 300 SL Gullwing 1,375,000 Bonhams
30 1961 Maserati 3500 GT Spyder 1,347,500 RM
31 1990 Ferrari F40 1,265,000 RM
32 1958 Mercedes Benz 300 SL Roadster 1,237,500 Bonhams
33 1957 Mercedes Benz 300 SL Roadster 1,210,000 RM
34 1970 Lamborghini Miura P400 S 1,155,000 Gooding
34 1964 Shelby 289 Cobra 1,155,000 Gooding
36 1955 Mercedes Benz 300 SL Gullwing 1,100,000 Barrett Jackson
37 1989 Ferrari F40 1,072,000 Barrett Jackson
38 1937 Mercedes Benz 320 B Cabriolet 1,045,000 Barrett Jackson
38 1932 Packard Deluxe Eight Individual Custom Sport Phaeton 1,045,000 RM
38 1988 Porsche 959 Komfort 1,045,000 RM
41 1964 Shelby Cobra 289 1,017,500 Bonhams
42 2015 Shelby GT350 R **1,000,000 Barrett Jackson
Notes: * Car sold during auction but after the hammer. ** Cars sold for charity.

Ferraris at 2015 Scottsdale and Arizona Auctions

1964 Ferrari 250 LM by Scaglietti front 3/4
1964 Ferrari 250 LM by Scaglietti © Darin Schnabel 2015, Courtesy of RM Auctions

Not surprisingly, Ferraris lead the list of best results achieve at the 2015 mid-January collector car auctions in Scottsdale and Arizona. 16 of the million-dollar-plus results were Ferraris including the top three prices paid.

RM Auctions set a new auction week record when a 1964 Ferrari 250 LM sold for $9,625,000. RM sold 9 of the top Ferraris.

1966 Ferrari 275 GTB Competizione in Scuderia Filipinetti Livery
1966 Ferrari 275 GTB Competizione – © Bonhams

Bonhams had the second highest result ever at Scottsdale with $9,405,000 for a 1966 Ferrari 275 GTB Competizione, which had the auction week record for a day before the Ferrari 250 LM crossed the block.

1959 Ferrari 250 GT LWB California Spider
1959 Ferrari 250 GT LWB California Spider – $7,700,000 © Gooding & Co

Gooding & Co had the third highest result with $7,700,000 for a 1959 Ferrari 250 GT LWB California Spider. It also sold the fourth most-expensive Ferrari at the auction week – a 1962 Ferrari 400 Superamerica SWB Coupe Aerodinamico for $4,070,000.

Record 1984 Ferrari 288 GTO
1984 Ferrari 288 GTO
© Karissa Hosek 2015 Courtesy of RM Auctions

A surprise result was a new record $2,750,000 paid at the RM Auctions 2015 Arizona sale for a 1984 Ferrari 288 GTO.

A further seven Ferraris received highest bids in excess of a million dollars, and three in excess of $3 million, but failed to clear the reserve margins.

1950s American Concept Cars at Scottsdale 2015

1954 Pontiac Bonneville Special Motorama Concept Car
1954 Pontiac Bonneville Special Motorama Concept Car

The two most surprising vehicles achieving a million dollars at the 2015 Scottsdale collector car auctions were the two GM concept vehicles sold by Barrett Jackson.

The 1950 General Motors Futurliner Parade of Progress tour bus from the Ron Pratte Collection was sold for $4 million in aid of the Armed Forced Foundation.

The 1954 Pontiac Bonneville Special Motorama Concept Car achieved $3.3 million. It was one of two concept cars built to help establish the Bonneville name for Pontiac.

Mercedes Benz at the 2015 Scottsdale and Arizona Auctions

1960 Mercedes-Benz 300 SL Roadster Grey
1960 Mercedes-Benz 300 SL Roadster © Gooding & Co

No fewer than 12 Mercedes Benz 300 SL cars were offered for sale at the 2015 Scottsdale auctions confirming that these beautiful cars are not exactly in short supply. Results were mixed: 7 sold for over a million dollars but 4 failed to clear the reserve margins.

The highest result was $1,567,000 for a 1962 Mercedes Benz 300 SL Roadster at Gooding, which failed to sell the other three SLs on offer. Gooding and RM Auctions had highest bids of $1,550,000 for 1962 Mercedes Benz 300 SL Roadsters but failed to clear the reserves – lower estimates for these two cars were around $1.7 million.

1955 Mercedes-Benz 300 SL Gullwing
1955 Mercedes-Benz 300 SL Gullwing © Robin Adams 2015, Courtesy of RM Auctions

Bonhams sold a 1957 Mercedes Benz 300 SL Roadster for $900,000 – a rare occasion for one of these cars to sell for below a million dollars. However, buyers also seem very unwilling to go to $1.5 million for a standard 300 SL without special provenance.

The highest bid for a Mercedes Benz car during the auction week was $3.1 million for a 1937 Mercedes Benz 540 K Sport Cabriolet at the RM Auction Arizona sale (estimate $3.4-4.0 million).

Shelby Cobras at the 2015 Scottsdale and Arizona Auctions

1966 Shelby Cobra 427 “Super Snake” at Scotssdale 2015
1966 Shelby Cobra 427 “Super Snake” © Barrett Jackson

Five Shelbys sold for more than a million dollars at the 2015 Scottsdale auctions. The highest price was $5,115,000 paid at the Barrett Jackson auction for Carroll Shelby’s personal 1966 Shelby Cobra 427 Super Snake. The result was achieved post-hammer but while the larger auction was still in progress. At the same auction, the first 2015 Shelby GT350 R was sold for a million dollar in aid of charity.

Barrett Jackson sold a further 427 for $1.6 million while two Shelby 289 Cobras achieved just over a million dollars. Two further Cobras sold for just less than a million.

Porsche at the 2015 Scottsdale and Arizona Auctions

1988 Porsche 959 Sport white
1988 Porsche 959 Sport © Gooding & Co

Four Porsches achieved over a million dollar at the Scottsdale 2015 auctions. The highest result was $1,980,000 for a 906 Carrera 6 at the Gooding auction – the highest result for a German car during the week. Gooding also sold a 959 Sport for $1.7 million.

RM Auctions have two fairly similar Porsches: a 904 Carrera GTS for $1.65 million and a 959 Komfort for a million.

Porsche 959s have increasingly achieved results in excess of a million dollar and more are likely to appear on the market at coming auctions.

Unsold Cars at the 2015 Scottsdale and Arizona Auctions

The top four auction houses at 2015 Scottsdale had very good sell-through rates (87-99%) but around 20 cars expecting to sell for over a million dollars did not clear the reserve margins. These included 7 Ferraris, 5 Mercedes Benz cars and 3 historic Chevrolet Corvette racing cars.

A prewar 1929 Alfa Romeo 6C failed to sell at Barrett Jackson despite a highest bid of $1,210,000 while Aston Martins also failed to breach a million dollar – similar cars will be on offer in Paris in early February 2015 at RM Auctions and Bonhams.

More on the 2015 Scottsdale and Arizona Auctions