CLASSIC.COM Releases 2020 Year in Review for the Classic and Collector Car Market
MIAMI, Jan. 18, 2021 /PRNewswire/ -- Today, CLASSIC.COM released their 2020 statistics for the classic and collector car auction market. Not surprisingly, given the pandemic, the market was down 10% at $1.3 billion* in sales for the year, but, with the exception of August, the second half points to a very exciting 2021: Q4'20 alone was up over 50% from Q4'19, and December 2020 was up 129% over December 2019. Full stats can be seen at https://www.classic.com/stats/2020/.
Classic and Collector Car
Auction Market Stats 2020 2019 Change
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Dollar Volume
$1.3b
$1.4b -10%
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Listings 38,071 38,030
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Listings Sold 26,315 26,884 -2%
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Sell Through 69% 71% -10%
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Top Sale
$14.8m
$19.8m -25%
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Average Sale $49,526 $53,756 -10%
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In terms of models, the Porsche 911 takes the top position with 11% growth for the year, followed by the Chevrolet Corvette with an 11% drop in gross sales. The Ford GT was a big winner for the year with 78% growth in sales, as was the BMW 3-series with 87% growth in sales, driven by increasing interest in the E46 BMW M3, among other variants.
Top 10 Models Dollar Volume Average Sale Price
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2020 2019 Change 2020 2019 Change
Porsche 911 -
$104.5m
$94.2m +11% $73,137 $79,598 -8%
All Variants
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Chevrolet Corvette
$75.1m
$84.2m -11% $57,266 $55,798 +3%
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Ford Mustang
$40.1m
$42.3m -5% $43,422 $39,181 +11%
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Mercedes-Benz SL
$35.9m
$34.2m +5% $46,786 $45,584 +3%
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Chevrolet Camaro
$32.6m
$39.0m -16% $48,319 $45,586 +6%
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Ford Shelby Mustang
$30.9m
$20.5m +51% $117,565 $99,429 +18%
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Ford GT
$29.1m
$16.4m +78% $469,498 $454,557 +3%
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Chevrolet Chevelle
$19.1m
$19.9m -4% $56,377 $50,612 +11%
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BMW 3 Series
$15.9m
$8.5m +87% $24,519 $19,888 +23%
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Chevrolet C/K
$15.2m
$14.0m +9% $26,732 $23,907 +12%
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The number of re-listings of cars previously sold at auction increased during the second half of the year. The top flip for 2020 goes to a 1967 Toyota 2000GT which sold for $912,000. The top flop was a 2017 Ford GT that lost $847,500 in less than 2 years, with only 8 miles driven between the 2 sales.
Top Auction "Flips"
Net Gain from
Time since
Previous Sale
Previous Sale
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1967 Toyota 2000GT LHD $362,500
2 years, 1 month, 29 days
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1969 Chevrolet Camaro ZL1 $324,500
1 year, 11 months, 29 days
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1970 Iso Grifo Gl Series II by Bertone $236,000
2 years, 11 months, 26 days
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1967 Shelby GT350 Fastback $155,000
3 years, 7 months, 21 days
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1976 Ford Bronco $130,250
4 years, 1 month, 19 days
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About this data
The data on CLASSIC.COM is compiled from publicly available listings from the leading online and off-line auction sales around the world. Market statistics include sales reported in US Dollars only. For a complete list of data sources, learn more at classic.com/about.
About CLASSIC.COM
CLASSIC.COM is the search engine and analytics platform for the classic car industry. We empower classic car buyers, sellers, and enthusiasts with insights based on deep data - including market values, price comparisons, auction alerts and more. View market statistics for the classic car industry at classic.com/stats and follow your favorite market at classic.com/markets.
Media Contact
Linda Koritkoski, linda@classic.com
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SOURCE CLASSIC.COM
