top of page

ANALYSIS: World Records From Monterey Car Week 2023

Updated: Aug 23, 2023

We've analysed every single sale across the 513 cars RM Sotheby's, Bonhams, Broad Arrow and Gooding & Co offered to find the world records that emerged from the auctions in Monterey 2023. A staggering 58 cars made world record prices - that's 11% of all cars sold reached money never before seen for that model.


Truly incredible.


When you look across where those world records came from by auction house, RM dominates both in terms of number of world records and viewing that as a percentage of the number of cars they sold). The breakdown is as follows:

  • Bonhams - 9 Cars (11% of all lots sold)

  • Broad Arrow - 11 Cars (8% of all lots sold)

  • Gooding & Co - 15 Cars (12% of all lots sold)

  • RM Sotheby's - 23 Cars (13% of all lots sold)

When you look at the data by ages of the vehicles that set world records a surprising picture emerges. Those decades that produced the highest proportion of world records were either the veteran cars of the 1900s and 1910s and the supercars of 2010s and 2020s.

Decade

Number of World Records

Number of Sold Cars Overall

% of Lots Sold That Were Records

1880s

0

1

0%

1900s

1

3

33%

1910s

5

13

38%

1920s

2

16

13%

1930s

9

78

12%

1940s

0

15

0%

1950s

8

78

10%

1960s

7

120

7%

1970s

6

58

10%

1980s

2

35

6%

1990s

6

39

15%

2000s

2

27

7%

2010s

6

20

30%

2020s

3

10

30%

Total

58

513

11%


In no particular order here are the 56 world records that came out of Monterey Car Week 2023:

The below models all have a limited number of previous sales, but remain world records


Note: all world records stated are based on USD prices and compared to previous sales using on the day exchange rates, this list would be different if using GBP prices.


It took us over 13 hours to pull together all the Monterey analysis so if you enjoyed it, please sign up to our newsletter here to be the first to receive these insights and more.


Feel free to share it with a friend, too!


Till next year...



Comments


bottom of page