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Collecting Cars Achieves Milestone With Sale Of 1,000 Ferraris Worth £129 Million
Collecting Cars has reached a significant milestone by selling its 1,000th Ferrari through online auctions. This achievement underscores the platform's prominence in the global collector car market. The total value of Ferrari sales on Collecting Cars now surpasses £129 million, highlighting its appeal to supercar enthusiasts worldwide.
The 1,000th Ferrari sold was a bespoke FF, personally commissioned by Ferrari Chairman John Elkann. This unique V12 grand tourer exemplifies the platform's ability to attract discerning collectors. Collecting Cars has become a preferred destination for those seeking both classic and modern Ferrari models.
Since its inception, Collecting Cars has sold over 700 Ferraris in the UK alone. Additionally, more than 200 have been auctioned across Europe, with over 70 finding new owners in Asia-Pacific and the Middle East. This widespread reach demonstrates the platform's global influence among car enthusiasts.
Ferrari listings on Collecting Cars receive an average of 17.3% more bids compared to other brands. This statistic reflects the strong competition these coveted models generate among potential buyers, further solidifying the platform's reputation as a leader in online car auctions.
The platform has facilitated the sale of several remarkable Ferraris. A 1997 Ferrari F50 once owned by Rod Stewart fetched £2,940,500. Similarly, a 2002 Ferrari Enzo sold for £2,510,500, while a 1991 Ferrari F40 achieved £1,701,000. These sales highlight the enduring allure of iconic models.
Celebrity ownership adds an extra layer of appeal to certain auctions. For instance, a 2016 Ferrari F12 TDF previously owned by Jamiroquai frontman Jay Kay sold for £792,500. Such provenance enhances the desirability of these vehicles among collectors.
Modern Icons and Vintage Appeal
Modern Ferraris continue to perform well at auction. Models like the Ferrari 458 Speciale Aperta consistently exceed half a million pounds. High-spec examples of the F12 TDF, 599 GTO, and 488 Pista also command impressive prices.
Vintage Ferraris maintain strong demand too. Two 365 GTB/4 Daytona models achieved £444,000 and £435,000 respectively. A rare 1972 Ferrari Dino 246 GT sold for A$755,000, showcasing enduring interest in classic models.
Technological Advancements
The Collecting Group recently introduced seamless login across Collecting Cars and its sister site Watch Collecting. This innovation allows enthusiasts to browse and bid on both platforms using a single account. It enhances user experience and broadens access to rare timepieces from brands like Rolex and Patek Philippe.
"Ferrari is one of the benchmark brands in the collector car world – it resonates across generations," said Edward Lovett, Founder of Collecting Cars. "That so many sellers are increasingly choosing to sell their Ferraris online with us is a testament to the trust we’ve built."
This milestone sale marks an important chapter for Collecting Cars as it continues to connect passionate collectors with extraordinary vehicles through technology-driven auctions.
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