classic-analytics auction report spring 2025 – Classic car spring auctions in Florida reach new record value

Highlights

• Preliminary total result of $190.3 million from three auctions – an increase compared to $183.8 million from four auctions in 2024.
• Average price and sell-through rate have slightly improved compared to the previous year.
• Established market segments recovered after relatively weak Monterey auctions in 2024.

Trends

• While high-value cars in the seven- and eight-figure range were primarily sold privately in recent months, the 83% sell-through rate for vehicles over $1 million at the Florida spring auctions could bring more of them back to auction houses. In Monterey last year, the sell-through rate for vehicles over $1 million was only 55%.
• The market for Ferraris from the Enzo era rebounded. After a low sell-through rate of 53% in Monterey, it increased to 64% at the Florida spring auctions.
• Porsche and Florida once again proved to be a successful duo. However, fewer high-priced Porsches were offered this year compared to the previous year, leading to a decline in total revenue and average price. Porsche’s total sales dropped from $34 million (2024) to $25.8 million (2025), while the average price fell from $644,000 to $423,000—despite the number of cars offered decreasing only slightly from 66 to 65 and the sell-through rate rising from 80% to 94%.

Classic car spring auctions Florida
As of march 9, 2025 (results up to march 8, 2025)

Below are the results observed by classic-analytics at live auctions. They may not include post-auction sales. All figures include applicable buyer’s premiums.

Preliminary total results 2025

• Total revenue: $190.3 million
• Lots sold: 340 out of 391 (86% sell-through rate)
• Average sale price: $559,800

Total results 2024 (as of saturday)

• Total revenue: $177.7 million
• Lots sold: 333 out of 389 (85.6% sell-through rate)
• Average sale price: $533,626 (excluding Bonhams)

Top 10 sales across all auctions: