Monterey Car Week Is Misunderstood: 241 Lots Sold Below Estimate

September 3, 2026 at 10:55 PM

At Monterey Car Week 2026, held 13–16 August in Monterey, California, 241 of 467 verifiable lots sold below their low pre-sale estimate across Gooding Christie’s, Broad Arrow, Bonhams and Mecum. 148 of them cost under $150,000.

Published September 2026 by West Coast Shipping. Prices and estimates as published by the auction houses.

241 of 467 lots sold below their low estimate, across four of the five major houses
148 of those cost under $150,000, at a median price of $63,560
54 changed hands for less than $50,000

The week everyone reads about

Monterey Car Week 2026 produced the largest week of collector car sales in history. A Shelby Cobra Daytona Coupe at $42.9 million. A McLaren F1 GTR at $34.7 million. A Corvette Grand Sport at $18.7 million. More than a dozen world records for modern supercars, several of them broken and rebroken inside seventy-two hours. Total sales of $755.6 million, at an average of $885,765 a car.

Every one of those numbers is real. They are also the reason Monterey is misunderstood.

Read the coverage and you come away with a clear impression: this is a week where other people buy cars. Somewhere in California, once a year, a small number of very rich buyers hand each other eight-figure cheques under a tent. Nothing about that has anything to do with you.

That impression is wrong, and the auction results say so plainly.

The week that actually happened

An average is a poor description of Monterey. A handful of irreplaceable cars carry so much of the total that the mean stops describing anything a normal buyer would encounter. Strip out the top and the week looks completely different. 310 lots sold for $100,000 or less, a figure Hagerty put at the top of its own round-up of what its staff would have taken home.

So we went further and asked a harder question: not what things cost, but whether they were cheap. The only honest way to answer that is to compare each result against the estimate the auction house itself published before the sale, which is the specialists’ own view of what the car was worth.

We took every lot at every Monterey house that still leaves its pre-sale estimate recoverable after the hammer falls, matched each price against its estimate, and counted. 241 of the 467 lots we could verify sold below the low end of their own estimate. Together they cost $61.7 million against $75.8 million of low estimates, a gap of $14.1 million. The median car among them went 19% under. Ninety-seven went 25% or more under. Forty-three went 40% or more under.

Two hundred and twenty-nine of the 241 are cars; the remaining twelve are motorcycles and racing equipment that crossed the same blocks.

How this was checked

Most auction houses remove the estimate from a lot page the moment the car sells, which is why this comparison is rarely made. Four of the five Monterey houses leave it recoverable. One does not.

House Sale Lots checked Under estimate
Gooding Christie's Pebble Beach 135 65 (48%)
Broad Arrow The Quail 138 58 (42%)
Bonhams Laguna Seca 35 25 (71%)
Mecum Monterey 159 93 (58%)
All four   467 241 (52%)
RM Sotheby’s Monterey estimates not published after the sale

Lots checked means sold lots where both the result and the pre-sale estimate could be established at the source. RM Sotheby’s sold 185 cars at Monterey; none of them can be checked this way.

How each number was established. Gooding Christie’s keeps the estimate on its public lot page. Broad Arrow removes it from its main site but keeps it on its bidding platform. Bonhams removes it from the visible page but leaves it in the page’s own data. Mecum publishes its catalogue through a search index that retains the estimate alongside the result.

For the first three, every price was matched against the gross price in an independent results sheet covering all 591 lots at those houses, and a car was kept only where the two agreed. That check discarded lots that could not be reconciled, and it is the reason these figures can be relied on. Mecum does not appear in that sheet, so its rows are single-sourced to Mecum’s own catalogue data, where the estimate and the result sit in the same record.

Every price here includes the buyer’s premium. Every estimate excludes it. So each discount below is understated — the real gap at the hammer is wider in every single case.

Two markets under one tent

None of this means the top of the market was soft. It was the opposite, and the contrast is the whole story.

RM Sotheby’s catalogued fourteen headline Ferraris at Monterey and published an estimate for each. Eleven sold. Six beat the high end of their estimate, five landed inside the range, and not one sold below it. The other three did not sell at all. The 288 GTO carried a $9–11 million estimate and made $11.56 million. The F40 carried $4–5 million and made $8.37 million. The 812 Competizione A carried $2.5–2.9 million and made $4.85 million.

Hagerty found the same split from the other direction. Measured against its Price Guide condition-appropriate values, cars from the 1950s and 1960s were the only two decades to finish below the guide, at a median of 6.2% under. Cars from the 1980s onward finished 31 to 38% above it.

A market that pays 67% over the high estimate for one car and 40% under the low estimate for another is not one market having a good week. It is two markets standing in the same tent, and only one of them is in the headlines.

The difference is what the car is for. At the top, low-production modern Ferraris are traded as positions: owning one improves your standing when the factory allocates the next. That is a closed game with a small number of players and it sets the records. Below it, a car is a car, and it is worth what someone in the room will pay for it that afternoon. That is an open game, and it is where the discounts live.

Where the deals were

The 241 are not spread evenly. They cluster in the eras that need an owner rather than an investor.

1900s
 
1
1910s
 
5
1920s
 
13
1930s
 
24
1940s
 
6
1950s
 
44
1960s
 
70
1970s
 
25
1980s
 
14
1990s
 
12
2000s
 
10
2010s
 
10
2020s
 
7

Lots selling below their low estimate, by decade of manufacture.

The 1950s and 1960s account for 114 of the 241 on their own, which is also where the most cars were offered. Prewar and interwar coachbuilt cars are heavily represented relative to how few of them crossed the block: 43 cars built before 1940 went under estimate, including French and British bodies that would have been the stars of a sale twenty years ago. American customs and restomods make up much of the mid-century cluster.

What is thin is the modern end. Fifty-three cars from 1980 onward went under estimate, and most of those are ordinary rather than exotic. The supercars that made the records are not on this list, and that is exactly the point.

What a hundred grand bought

This is the part that gets lost. 148 of the 241 cost less than $150,000, the median among them was $63,560, and 54 changed hands for under $50,000. Not project cars and not oddities alone: E-Types, 356s, XK120s, a 3.0 CSL, a Lotus Eleven Le Mans, a Meyers Manx. Cars people actually want, bought in the same tents and on the same afternoons as the eight-figure Ferraris, for less than the specialists expected.

Under Car Sold Estimate House
78% 1932 MG J2 Roadster $16,500 $75,000 – $85,000 Mecum
74% 1957 MV Agusta 1100 D2 Autocarro $44,800 $175,000 – $200,000 Broad Arrow
72% 1924 Chenard & Walcker T5 Roadster $70,000 $250,000 – $350,000 Gooding Christie's
72% 1973 Citroën GS Birotor $5,600 $20,000 – $30,000 Broad Arrow
69% 1939 Triumph $7,700 $25,000 – $30,000 Mecum
67% 1963 Chevrolet Corvette Custom Convertible $33,000 $100,000 – $120,000 Mecum
64% 2007 Chevrolet Corvette Z06 Coupe $71,500 $200,000 – $250,000 Mecum
64% 1928 Lorraine-Dietrich B3-6 15CV Sports Roadster $145,600 $400,000 – $600,000 Gooding Christie's
62% 1940 Packard 110 Convertible Coupe $13,440 $35,000 – $45,000 Bonhams
60% 1923 Avions Voisin C3 Limousine $40,320 $100,000 – $150,000 Gooding Christie's
56% 1930s 'Cannonball' Baker Junior Racer $8,750 $20,000 – $30,000 Broad Arrow
56% 1961 BMW R27 $4,400 $10,000 – $15,000 Mecum
56% 1942 Harley-Davidson WLA With Sidecar $33,000 $75,000 – $85,000 Mecum
55% 1950 Talbot-Lago T26 Record Berline $33,600 $75,000 – $100,000 Broad Arrow
55% 1951 Chevrolet Styleline De Luxe 4-Door Sedan 'Police Cruiser Restomod' $44,800 $100,000 – $125,000 Broad Arrow
53% 1938 Ford 81A 740 Deluxe Convertible Sedan $21,280 $45,000 – $55,000 Bonhams
52% 1991 Bancroft Roadster $31,360 $65,000 – $75,000 Bonhams
51% 1922 Renault Model JV 40 HP Phaeton Landaulette $61,600 $125,000 – $175,000 Gooding Christie's
49% 1981 March 81C Cosworth Indy Car $25,300 $50,000 – $60,000 Mecum
49% 1962 Morgan Plus 4 High-Line Super Sports $35,840 $70,000 – $90,000 Bonhams

Hagerty’s editors chose their own favourites from Monterey under $100,000 without reference to estimates. Five of their picks appear in this list, including the Mecum Lotus Eleven Le Mans at $66,000 and the Gooding Jaguar XK120 SE Roadster at $61,600. Two methods, the same cars.

The twenty deepest discounts

Ordered by how far below the low estimate each lot finished, at any price.

Under Car Sold Estimate House
78% 1932 MG J2 Roadster $16,500 $75,000 – $85,000 Mecum
74% 1957 MV Agusta 1100 D2 Autocarro $44,800 $175,000 – $200,000 Broad Arrow
72% 1924 Chenard & Walcker T5 Roadster $70,000 $250,000 – $350,000 Gooding Christie's
72% 1973 Citroën GS Birotor $5,600 $20,000 – $30,000 Broad Arrow
69% 1939 Triumph $7,700 $25,000 – $30,000 Mecum
67% 1963 Chevrolet Corvette Custom Convertible $33,000 $100,000 – $120,000 Mecum
64% 2019 Toro Rosso-Honda STR19 Formula 1 Racing Single-Seater $224,000 $625,000 – $825,000 Bonhams
64% 2007 Chevrolet Corvette Z06 Coupe $71,500 $200,000 – $250,000 Mecum
64% 1928 Lorraine-Dietrich B3-6 15CV Sports Roadster $145,600 $400,000 – $600,000 Gooding Christie's
62% 1940 Packard 110 Convertible Coupe $13,440 $35,000 – $45,000 Bonhams
60% 1923 Avions Voisin C3 Limousine $40,320 $100,000 – $150,000 Gooding Christie's
56% 1930s 'Cannonball' Baker Junior Racer $8,750 $20,000 – $30,000 Broad Arrow
56% 1961 BMW R27 $4,400 $10,000 – $15,000 Mecum
56% 1942 Harley-Davidson WLA With Sidecar $33,000 $75,000 – $85,000 Mecum
55% 1935 Bentley 3½ Litre Drophead Coupé $224,000 $500,000 – $600,000 Gooding Christie's
55% 1950 Talbot-Lago T26 Record Berline $33,600 $75,000 – $100,000 Broad Arrow
55% 1951 Chevrolet Styleline De Luxe 4-Door Sedan 'Police Cruiser Restomod' $44,800 $100,000 – $125,000 Broad Arrow
53% 1939 Bentley 4¼ Litre Sports Coupé $257,600 $550,000 – $650,000 Gooding Christie's
53% 1938 Ford 81A 740 Deluxe Convertible Sedan $21,280 $45,000 – $55,000 Bonhams
52% 1991 Bancroft Roadster $31,360 $65,000 – $75,000 Bonhams

Questions people ask about this

Is Monterey Car Week only for wealthy collectors?

No. Monterey sets the records, but the same week 310 lots sold for $100,000 or less, and 148 of the lots that finished below their low estimate cost under $150,000. Fifty-four sold for less than $50,000. The headline prices come from a small number of exceptional cars and do not describe most of what crosses the block.

Did cars really sell below estimate at Monterey 2026?

Yes. Of the 467 sold lots where both the result and the pre-sale estimate could be verified at the source, 241 finished below the low end of the estimate. That is 52%. The four houses covered are Gooding Christie’s at Pebble Beach, Broad Arrow at The Quail, Bonhams at Laguna Seca and Mecum at Monterey.

Which car sold furthest below its estimate at Monterey 2026?

A 1932 MG J2 Roadster at Mecum, which sold for $16,500 against a $75,000–$85,000 estimate, 78% below the low end. The deepest six-figure result was a 1936 Mercedes-Benz 500K Roadster, also at Mecum, at $1,265,000 against a $2,500,000–$3,000,000 estimate.

Why is RM Sotheby’s not in this analysis?

RM Sotheby’s removes the pre-sale estimate from its lot data once a lot sells, so its 185 sold Monterey cars cannot be checked this way. Its absence is a limit of the available data, not a comment on its sale.

Do auction estimates include the buyer’s premium?

No. Pre-sale estimates are quoted on the hammer price and exclude the buyer’s premium, while the reported sale prices in this analysis include it. Every discount stated here is therefore understated: the gap at the hammer is wider in every case.

Can an overseas buyer bid at Monterey?

Yes. All five houses accept registered international bidders, in the room, by telephone and online. The practical work is what happens after the hammer: export documentation, transport to a port and a container or shared load to the destination country. That is arranged separately from the auction.

All 241

Every verified lot that sold below its low estimate at Monterey 2026, deepest discount first.

Under Car Sold Estimate House
78% 1932 MG J2 Roadster $16,500 $75,000 – $85,000 Mecum
74% 1957 MV Agusta 1100 D2 Autocarro $44,800 $175,000 – $200,000 Broad Arrow
72% 1924 Chenard & Walcker T5 Roadster $70,000 $250,000 – $350,000 Gooding Christie's
72% 1973 Citroën GS Birotor $5,600 $20,000 – $30,000 Broad Arrow
69% 1939 Triumph $7,700 $25,000 – $30,000 Mecum
67% 1963 Chevrolet Corvette Custom Convertible $33,000 $100,000 – $120,000 Mecum
64% 2019 Toro Rosso-Honda STR19 Formula 1 Racing Single-Seater $224,000 $625,000 – $825,000 Bonhams
64% 2007 Chevrolet Corvette Z06 Coupe $71,500 $200,000 – $250,000 Mecum
64% 1928 Lorraine-Dietrich B3-6 15CV Sports Roadster $145,600 $400,000 – $600,000 Gooding Christie's
62% 1940 Packard 110 Convertible Coupe $13,440 $35,000 – $45,000 Bonhams
60% 1923 Avions Voisin C3 Limousine $40,320 $100,000 – $150,000 Gooding Christie's
56% 1930s 'Cannonball' Baker Junior Racer $8,750 $20,000 – $30,000 Broad Arrow
56% 1961 BMW R27 $4,400 $10,000 – $15,000 Mecum
56% 1942 Harley-Davidson WLA With Sidecar $33,000 $75,000 – $85,000 Mecum
55% 1935 Bentley 3½ Litre Drophead Coupé $224,000 $500,000 – $600,000 Gooding Christie's
55% 1950 Talbot-Lago T26 Record Berline $33,600 $75,000 – $100,000 Broad Arrow
55% 1951 Chevrolet Styleline De Luxe 4-Door Sedan 'Police Cruiser Restomod' $44,800 $100,000 – $125,000 Broad Arrow
53% 1939 Bentley 4¼ Litre Sports Coupé $257,600 $550,000 – $650,000 Gooding Christie's
53% 1938 Ford 81A 740 Deluxe Convertible Sedan $21,280 $45,000 – $55,000 Bonhams
52% 1991 Bancroft Roadster $31,360 $65,000 – $75,000 Bonhams
51% 1922 Renault Model JV 40 HP Phaeton Landaulette $61,600 $125,000 – $175,000 Gooding Christie's
50% 1936 Cord E-300 Experimental Disappearing Top Cabriolet $324,000 $650,000 – $850,000 Bonhams
49% 1936 Mercedes-Benz 500K Roadster $1,265,000 $2,500,000 – $3,000,000 Mecum
49% 1981 March 81C Cosworth Indy Car $25,300 $50,000 – $60,000 Mecum
49% 1962 Morgan Plus 4 High-Line Super Sports $35,840 $70,000 – $90,000 Bonhams
45% 1937 BMW 328 Roadster $275,000 $500,000 – $700,000 Mecum
45% 1941 Graham Hollywood $16,500 $30,000 – $40,000 Mecum
44% 1905 Buick Model C $39,200 $70,000 – $90,000 Broad Arrow
44% 2005 Maybach 62 $56,000 $100,000 – $150,000 Broad Arrow
44% 1987 Porsche 930 Turbo Flachbau Cabriolet $126,500 $225,000 – $250,000 Mecum
43% 1915 Stutz Weightman Special $511,000 $900,000 – $1,200,000 Gooding Christie's
43% 1970 Pontiac GTO Judge $57,200 $100,000 – $125,000 Mecum
43% 1956 Chevrolet Nomad $57,200 $100,000 – $120,000 Mecum
42% 1962 Cadillac Eldorado Biarritz Convertible $40,320 $70,000 – $90,000 Bonhams
42% 1965 Porsche 911 $86,800 $150,000 – $180,000 Broad Arrow
42% 1973 Jaguar E-Type $40,700 $70,000 – $80,000 Mecum
42% 1932 Buick Model 65 Sport Phaeton $29,120 $50,000 – $75,000 Bonhams
42% 1972 Porsche 914 $99,000 $170,000 – $200,000 Mecum
42% 1934 Bowlus Papoose Trailer $43,750 $75,000 – $100,000 Broad Arrow
41% 1952 Jaguar XK120 Fixed Head Coupe $38,500 $65,000 – $75,000 Mecum
40% 1972 BMW 3.0 CSL $95,200 $160,000 – $180,000 Broad Arrow
40% 1970 Citroën M35 $17,920 $30,000 – $40,000 Broad Arrow
40% 2005 Morgan Roadster $35,840 $60,000 – $90,000 Bonhams
39% 1929 Talbot M-75 'De Vizcaya' Touring Coupé $72,800 $120,000 – $150,000 Gooding Christie's
39% 1963 Meyers Manx Dune Buggy 'Lowrider' $42,560 $70,000 – $90,000 Bonhams
38% 1923 Avions Voisin C6 Laboratoire Recreation $123,200 $200,000 – $300,000 Gooding Christie's
38% 1914 Stutz Model 4E 'Bearcat' $184,800 $300,000 – $400,000 Gooding Christie's
38% 1964 Chevrolet Corvette Custom $77,000 $125,000 – $150,000 Mecum
38% 1972 Datsun 240Z $93,500 $150,000 – $175,000 Mecum
38% 2008 Tesla Roadster $93,500 $150,000 – $175,000 Mecum
38% 1954 Harley-Davidson FL 74ci 'Billy Bike' $21,850 $35,000 – $45,000 Bonhams
37% 1954 Dodge Royal Club Coupe Panamericana Racer $22,000 $35,000 – $50,000 Mecum
37% 1962 Alfa Romeo Giulietta SZ 'Coda Tronca' $252,000 $400,000 – $450,000 Gooding Christie's
36% 1952 Triumph Thunderbird $5,750 $9,000 – $12,000 Bonhams
36% 2021 Lamborghini Huracán Super Trofeo EVO2 $112,000 $175,000 – $225,000 Gooding Christie's
36% 1963 Jaguar E-type Competition Coupé 'No. 46' $112,000 $175,000 – $225,000 Bonhams
36% 2001 Panzer 90ci 'Captain America' $16,100 $25,000 – $35,000 Bonhams
35% 1987 Porsche 928 Clubsport Prototype Ex-Jochen Mass $162,400 $250,000 – $350,000 Broad Arrow
35% 1952 Cunningham C-4R Continuation $196,000 $300,000 – $500,000 Broad Arrow
34% 1962 Alfa Romeo 2000 Spider $56,000 $85,000 – $115,000 Bonhams
34% 1955 Triumph Speed Twin $9,900 $15,000 – $20,000 Mecum
34% 1984 Lola T616 Mazda $132,000 $200,000 – $250,000 Mecum
34% 1962 Chevrolet Corvette Convertible $66,000 $100,000 – $125,000 Mecum
34% 1939 Ford Deluxe Woody Wagon $66,000 $100,000 – $125,000 Mecum
34% 1951 Chevrolet Styleline Deluxe Wagon $33,000 $50,000 – $75,000 Mecum
34% 1956 Lotus Eleven Le Mans $66,000 $100,000 – $150,000 Mecum
34% 1977 Oldsmobile Cutlass NASCAR Stock Car $99,000 $150,000 – $160,000 Mecum
33% 1955 Porsche 356 Pre-A Speedster $269,500 $400,000 – $500,000 Mecum
32% 1969 Jaguar E-Type Series II 2+2 $34,100 $50,000 – $60,000 Mecum
32% 1959 Alfa Romeo 2000 Spider $61,600 $90,000 – $120,000 Gooding Christie's
30% 1961 Jaguar XK150 Drophead Coupe $83,600 $120,000 – $150,000 Mecum
30% 1961 Chrysler 300 G Convertible $84,000 $120,000 – $150,000 Broad Arrow
30% 1936 Divco-Twin Coach Helms Delivery Van $56,000 $80,000 – $100,000 Broad Arrow
30% 1957 Nash Metropolitan $10,500 $15,000 – $20,000 Mecum
30% 1961 Porsche 356 B Super 90 GT $246,400 $350,000 – $450,000 Gooding Christie's
29% 1991 Venturi 111 Cup $53,200 $75,000 – $100,000 Broad Arrow
29% 1961 Alfa Romeo Giulietta Sprint Speciale $78,400 $110,000 – $130,000 Gooding Christie's
29% 1934 Rolls-Royce Phantom II Barker Sedanca De Ville $78,400 $110,000 – $130,000 Broad Arrow
28% 1954 Aston Martin DB2/4 Drophead Coupé $179,200 $250,000 – $350,000 Gooding Christie's
28% 1963 Jaguar E-type Series 1 3.8-litre Roadster $140,000 $195,000 – $225,000 Broad Arrow
28% 1967 Chevrolet Corvette Convertible $79,200 $110,000 – $125,000 Mecum
28% 1950 Ford Standard Sedan Panamericana Racer $25,300 $35,000 – $50,000 Mecum
27% 1922 Avions Voisin C3 Strasbourg Recreation $145,600 $200,000 – $300,000 Gooding Christie's
27% 1953 Pontiac Chieftain Convertible $33,000 $45,000 – $55,000 Mecum
27% 1965 Chevrolet Corvette L79 Convertible $88,000 $120,000 – $130,000 Mecum
27% 1968 Porsche 907 Langheck $3,305,000 $4,500,000 – $5,500,000 Gooding Christie's
26% 1973 Ferrari 365 GT4 2+2 $128,800 $175,000 – $225,000 Broad Arrow
26% 1963 Lotus Elite SE $81,200 $110,000 – $130,000 Gooding Christie's
26% 1969 Chevrolet Corvette Convertible $62,700 $85,000 – $110,000 Mecum
26% 1937 Bugatti Type 57C Ventoux $296,500 $400,000 – $500,000 Gooding Christie's
26% 1958 Chevrolet Corvette Convertible $148,500 $200,000 – $225,000 Mecum
25% 1961 Bentley S2 Continental Drophead Coupé $168,000 $225,000 – $275,000 Gooding Christie's
25% 1985 Mercedes-Benz 380 SL $44,800 $60,000 – $80,000 Gooding Christie's
25% 1993 Toyota Land Cruiser VX Limited $44,800 $60,000 – $80,000 Gooding Christie's
25% 1958 Fiat 600 $22,400 $30,000 – $45,000 Broad Arrow
25% 2011 Ford Mustang Boss 302R1 $56,000 $75,000 – $100,000 Bonhams
25% 1932 Duesenberg Model J Sweep Panel Dual Cowl $825,000 $1,100,000 – $1,400,000 Mecum
25% 1962 Jaguar E-type Series 1 3.8-litre Roadster $98,000 $130,000 – $160,000 Broad Arrow
24% 1988 Lamborghini LM002 $417,500 $550,000 – $700,000 Gooding Christie's
24% 1926 Rolls-Royce Silver Ghost Salamanca Landaulette $95,200 $125,000 – $175,000 Gooding Christie's
23% 1989 Mercedes-Benz 300 CE-24 AMG 'Wide-Body' $134,400 $175,000 – $200,000 Broad Arrow
23% 1953 Jaguar XK120 SE Roadster $61,600 $80,000 – $100,000 Gooding Christie's
23% 1957 Jaguar XK140 SE Drophead Coupé $92,400 $120,000 – $150,000 Gooding Christie's
23% 1967 Meyers Manx $30,800 $40,000 – $60,000 Gooding Christie's
23% 1976 Ferrari 308 GTB Vetroresina $154,000 $200,000 – $250,000 Mecum
23% 1971 Dodge Charger R/T Sunroof $154,000 $200,000 – $250,000 Mecum
23% 1957 Kuzma Offenhauser Indy Car $115,500 $150,000 – $175,000 Mecum
23% 2012 Mercedes-Benz CLS63 AMG $38,500 $50,000 – $75,000 Mecum
22% 1963 Chevrolet Corvette Split Window Coupe $176,000 $225,000 – $250,000 Mecum
22% 1912 Delaunay-Belleville Omnibus $156,800 $200,000 – $300,000 Gooding Christie's
22% 1968 Meyers Manx remastered Silver Arrow Edition $117,600 $150,000 – $175,000 Broad Arrow
22% 1970 Lamborghini Espada Series II $78,400 $100,000 – $200,000 Broad Arrow
21% 1984 Lola T616 Mazda $236,500 $300,000 – $320,000 Mecum
21% 2007 Ducati 1098 Superbike $11,875 $15,000 – $20,000 Broad Arrow
21% 1963 Lincoln Continental Convertible $297,000 $375,000 – $425,000 Mecum
21% 1952 Jaguar XK120 Roadster $71,500 $90,000 – $110,000 Mecum
20% 1930 Bugatti Type 46 Convertible Coupé $637,500 $800,000 – $1,200,000 Gooding Christie's
20% 1931 Stevens-Miller 'Bowes Seal Fast Special' $1,600,000 $2,000,000 – $3,000,000 Gooding Christie's
20% 2026 Land Rover Defender 110 Trophy Edition 'Artemis K2' $96,320 $120,000 – $140,000 Broad Arrow
19% 1977 Porsche 930 Turbo Carrera $242,000 $300,000 – $350,000 Mecum
19% 1965 Chevrolet Corvette Coupe $121,000 $150,000 – $165,000 Mecum
19% 1953 Aston Martin DB2 Saloon $121,000 $150,000 – $200,000 Mecum
19% 1954 Alfa Romeo 1900C SS Coupé $81,200 $100,000 – $130,000 Gooding Christie's
18% 1972 Chevrolet Malibu Custom $73,700 $90,000 – $110,000 Mecum
18% 1973 Porsche 911S Coupe $225,500 $275,000 – $325,000 Mecum
18% 1924 American-Lafrance Type 40 Combination Chemical And Hose Fire Truck $61,600 $75,000 – $100,000 Broad Arrow
18% 1965 Lamborghini 350 GT $535,000 $650,000 – $750,000 Gooding Christie's
18% 1912 Metz Model 22 Runabout $16,500 $20,000 – $25,000 Mecum
18% 1942 Harley-Davidson WLD Sport Solo $33,000 $40,000 – $50,000 Mecum
17% 1967 Chevroletc Amaro Z/28 Trans-Am Ex-Alan Green Chevrolet $145,600 $175,000 – $225,000 Broad Arrow
17% 1968 Dodge Charger $145,800 $175,000 – $185,000 Mecum
16% 1954 Maserati A6GCS By Fiandri & Malagoli $2,012,500 $2,400,000 – $2,900,000 Broad Arrow
16% 1916 Rauch & Lang BX6 Brougham $84,000 $100,000 – $130,000 Bonhams
16% 1967 Porsche 911S Coupe $231,000 $275,000 – $300,000 Mecum
15% 1961 Aston Martin DB4 Series III $190,400 $225,000 – $275,000 Bonhams
15% 1964 Ferrari 250 GT Lusso $1,270,000 $1,500,000 – $1,800,000 Gooding Christie's
15% 1962 Chevrolet Impala SS Convertible $148,500 $175,000 – $200,000 Mecum
15% 1966 Ferrari Dino 206 S Berlinetta $2,975,000 $3,500,000 – $5,000,000 Gooding Christie's
15% 1973 DeTomaso Pantera $170,500 $200,000 – $225,000 Mecum
14% 1953 Jaguar XK120 SE Roadster $77,000 $90,000 – $110,000 Mecum
14% 2019 Chevrolet Corvette ZR1 Coupe $192,500 $225,000 – $250,000 Mecum
14% 1966 Allison Daytona Dune Buggy $51,520 $60,000 – $80,000 Gooding Christie's
14% 1991 Mercedes-Benz SL 60 AMG $128,800 $150,000 – $200,000 Broad Arrow
14% 1957 Alfa Romeo Giulietta Sprint Veloce Alleggerita $280,000 $325,000 – $400,000 Gooding Christie's
14% 1964 Mercedes-Benz 230SL Convertible $51,700 $60,000 – $80,000 Mecum
14% 1993 Vector Avtech WX-3R Roadster Prototype $346,000 $400,000 – $600,000 Gooding Christie's
13% 1964 Porsche 356 SC Coupé $78,400 $90,000 – $110,000 Gooding Christie's
12% 1998 Porsche 993 Carrera 2S $240,800 $275,000 – $350,000 Gooding Christie's
12% 1959 Rolls-Royce Silver Cloud $44,000 $50,000 – $70,000 Mecum
12% 1963 Chevrolet Corvette Split Window Coupe $198,000 $225,000 – $275,000 Mecum
12% 1969 Chevrolet Camaro Convertible $79,200 $90,000 – $110,000 Mecum
12% 1969 Jaguar E-Type Series II 2+2 $44,000 $50,000 – $60,000 Mecum
12% 1964 Chevrolet Nova Wagon $35,200 $40,000 – $50,000 Mecum
11% 1929 Bentley Speed Six 'Le Mans' Sports Tourer $533,000 $600,000 – $800,000 Gooding Christie's
11% 1970 Ford F-250 Custom Highboy Pickup $89,100 $100,000 – $130,000 Mecum
11% 1959 Porsche 356 1600 S Convertible D $423,500 $475,000 – $575,000 Mecum
10% 2008 Bentley Continental GTC Convertible $35,800 $40,000 – $50,000 Mecum
10% 2019 Ferrari 488 Challenge $156,800 $175,000 – $225,000 Gooding Christie's
10% 2022 Mercedes-Benz SL63 AMG $112,000 $125,000 – $150,000 Gooding Christie's
10% 1997 Porsche 993 Carrera $112,000 $125,000 – $175,000 Gooding Christie's
10% 1923 Rolls-Royce Silver Ghost 'Playboy' Roadster $179,200 $200,000 – $250,000 Gooding Christie's
10% 2022 BMW M5 CS $156,800 $175,000 – $200,000 Broad Arrow
10% 1951 Jaguar XK120 Roadster $44,800 $50,000 – $70,000 Bonhams
10% 1969 Ferrari 365 GT 2+2 $179,200 $200,000 – $225,000 Bonhams
10% 1953 Mercedes-Benz 300 S Coupé $201,600 $225,000 – $325,000 Bonhams
10% 1970 Plymouth AAR Cuda $121,000 $135,000 – $145,000 Mecum
10% 1969 Jaguar E-Type Series II Roadster $53,900 $60,000 – $80,000 Mecum
10% 1959 Chrysler Scimitar Town Car Phaeton $134,800 $150,000 – $200,000 Mecum
10% 1959 Alfa Romeo 2000 Spider $81,200 $90,000 – $100,000 Broad Arrow
9% 1963 Chevrolet Corvette Z06/N03 $770,000 $850,000 – $900,000 Mecum
9% 1930 Bugatti Type 43A Roadster $1,270,000 $1,400,000 – $1,800,000 Gooding Christie's
9% 1958 Lister-Chevrolet Sports Racer $544,000 $600,000 – $800,000 Gooding Christie's
9% 1962 Maserati 5000 GT Coupé $544,000 $600,000 – $800,000 Gooding Christie's
9% 1963 Aston Martin DB4 Series V Convertible $819,000 $900,000 – $1,100,000 Gooding Christie's
9% 1962 Porsche 356 B Super 90 'Twin Grille' Roadster $456,000 $500,000 – $650,000 Gooding Christie's
9% 1969 Mercedes-Benz 280 SE Cabriolet $159,600 $175,000 – $225,000 Broad Arrow
8% 1962 Porsche 356 B 'Twin Grille' Roadster $275,000 $300,000 – $350,000 Gooding Christie's
8% 1936 Ford Custom Roadster $412,500 $450,000 – $550,000 Mecum
8% 1992 Porsche 911 Targa by Singer $1,100,000 $1,200,000 – $1,300,000 Mecum
8% 1958 Cadillac Eldorado Biarritz $110,000 $120,000 – $150,000 Mecum
8% 2015 Mercedes-Benz SLS AMG GT Final Edition $803,000 $875,000 – $1,150,000 Mecum
8% 1967 Porsche 910 $1,655,000 $1,800,000 – $2,200,000 Gooding Christie's
8% 1962 AC Ace Bristol $368,000 $400,000 – $500,000 Gooding Christie's
8% 1987 Aston Martin Lagonda Series 3 $64,400 $70,000 – $90,000 Broad Arrow
8% 1922 Stutz Series K DH Bearcat $368,000 $400,000 – $450,000 Broad Arrow
8% 1961 Porsche 356 B 1600 D'Ieteren Roadster $156,800 $170,000 – $200,000 Broad Arrow
8% 1965 Sunbeam Tiger MkI Roadster $46,200 $50,000 – $60,000 Mecum
7% 1967 Ford Shelby GT500 Fastback $324,500 $350,000 – $375,000 Mecum
7% 1982 Porsche 928 Cabriolet by Straman $56,000 $60,000 – $80,000 Broad Arrow
7% 1935 Rolls-Royce Phantom II Hooper Open Two-Seater $280,000 $300,000 – $350,000 Broad Arrow
7% 1976 Cadillac Eldorado Convertible $56,000 $60,000 – $80,000 Broad Arrow
7% 1965 Porsche 911 $168,000 $180,000 – $220,000 Broad Arrow
7% 1967 Shelby GT500 Fastback $308,000 $330,000 – $350,000 Mecum
6% 1964 Porsche 904 Carrera GTS $1,682,500 $1,800,000 – $2,200,000 Gooding Christie's
6% 2000 Ferrari 360 Modena $257,600 $275,000 – $350,000 Gooding Christie's
6% 1936 Ford V8 De Luxe Roadster $75,040 $80,000 – $110,000 Broad Arrow
6% 1962 Chevrolet Corvette Convertible $89,100 $95,000 – $100,000 Mecum
6% 1969 Dodge Hemi Daytona $1,320,000 $1,400,000 – $1,500,000 Mecum
5% 2015 Ford Mustang GT 50 Years Limited Edition $47,300 $50,000 – $75,000 Mecum
5% 1989 Mercedes-Benz 190E 2.5-16 Evolution I $123,200 $130,000 – $160,000 Broad Arrow
5% 1981 Aston Martin V8 Volante $104,500 $110,000 – $130,000 Mecum
5% 1952 Allard J2X $190,400 $200,000 – $250,000 Gooding Christie's
5% 1974 Ducati 750 Super Sport $190,400 $200,000 – $250,000 Gooding Christie's
5% 1962 Ferrari 250 GTE Series II $285,500 $300,000 – $350,000 Gooding Christie's
5% 1965 Citroën DS 21 Chapron Concorde $95,200 $100,000 – $125,000 Broad Arrow
5% 1968 Maserati Ghibli 4.7 Coupé $190,400 $200,000 – $250,000 Bonhams
5% 1964 Austin-Healey 3000 Mk III BJ-8 Roadster $71,500 $75,000 – $100,000 Mecum
4% 1994 Porsche 911 Turbo 3.6 $670,500 $700,000 – $900,000 Broad Arrow
4% 1957 Aston Martin DB Mk III $201,600 $210,000 – $230,000 Broad Arrow
4% 1991 Lamborghini Diablo $313,000 $325,000 – $375,000 Broad Arrow
4% 1967 Chevrolet Camaro RS/SS 350 Convertible $62,720 $65,000 – $85,000 Gooding Christie's
4% 1972 Ferrari Dino 246 GT $555,000 $575,000 – $650,000 Gooding Christie's
3% 1940 Packard Sedan $24,200 $25,000 – $35,000 Mecum
3% 1971 Mercedes-Benz 280 SE 3.5 Cabriolet $291,000 $300,000 – $375,000 Broad Arrow
3% 1998 Porsche 993 Cabriolet $145,600 $150,000 – $180,000 Gooding Christie's
3% 1968 Meyers Manx Dune Buggy $72,800 $75,000 – $100,000 Broad Arrow
3% 1956 Chevrolet Bel Air $58,240 $60,000 – $80,000 Bonhams
3% 1972 Ferrari 365 GTC/4 $174,720 $180,000 – $220,000 Bonhams
3% 1939 Ford Deluxe Woody Wagon $82,500 $85,000 – $100,000 Mecum
3% 2006 Ferrari 575 GTZ By Zagato $1,215,000 $1,250,000 – $1,500,000 Broad Arrow
3% 1936 Ford Panel Delivery $29,200 $30,000 – $40,000 Mecum
3% 2020 Ferrari 812 Superfast $632,500 $650,000 – $700,000 Mecum
2% 2019 Porsche 991 GT2 RS Clubsport $390,000 $400,000 – $500,000 Gooding Christie's
2% 1958 BMW 507 Series II $1,710,000 $1,750,000 – $2,000,000 Broad Arrow
2% 2018 Aston Martin Vanquish Zagato Volante $489,000 $500,000 – $600,000 Gooding Christie's
2% 2023 Hennessey Venom F5 Revolution Coupé $2,837,500 $2,900,000 – $3,200,000 Broad Arrow
2% 1923 'Jal Johnson Special' Sprint Car $39,200 $40,000 – $50,000 Gooding Christie's
2% 1963 Rolls-Royce Silver Cloud III Saloon $58,800 $60,000 – $80,000 Broad Arrow
2% 1956 Lotus Eleven Le Mans $117,600 $120,000 – $160,000 Bonhams
2% 1981 Ferrari 512 BB $368,000 $375,000 – $425,000 Broad Arrow
2% 1953 Bentley R-Type Continental Fastback by HJ Mulliner $786,000 $800,000 – $1,200,000 Broad Arrow
2% 1970 Dodge Charger 500 $93,500 $95,000 – $120,000 Mecum
1% 1956 Porsche 356 A Coupé $123,200 $125,000 – $150,000 Gooding Christie's
1% 1994 Ferrari 348 TS Challenge $445,000 $450,000 – $500,000 Broad Arrow
1% 1989 Lamborghini Countach 25th Anniversary $593,500 $600,000 – $800,000 Broad Arrow
1% 2022 Land Rover Defender 110 S TReK Edition $99,000 $100,000 – $120,000 Mecum
1% 2004 Lamborghini Murcielago $396,000 $400,000 – $450,000 Mecum
1% 2014 McLaren MP4-12C Spider $99,000 $100,000 – $125,000 Mecum
1% 1968 Chevrolet Malibu Convertible $69,300 $70,000 – $100,000 Mecum
0% 1946 Delahaye 135 M Roadster By Abbott $373,500 $375,000 – $475,000 Broad Arrow
0% 1975 Ferrari 365 GT4 BB $324,000 $325,000 – $375,000 Broad Arrow

What this does not say

RM Sotheby’s is absent because it cannot be checked, not because its sale was different. Its 185 sold cars almost certainly contain their own share of results below estimate. Nothing here should be read as a comment on that house.

Mecum publishes an estimate on part of its catalogue rather than all of it: 159 of the 338 lots it sold, generally the higher-profile ones. Its share of lots below estimate describes that subset.

And an estimate is a forecast written months before a sale, by specialists who are usually right. A car finishing below one is not a verdict on the car or on the house that catalogued it. Gooding Christie’s posted the week’s best sell-through at 94% while appearing on this list 65 times. Both of those things describe the same healthy sale.

The argument here is narrower than it might look. Monterey is not cheap. It is simply not only expensive, and the difference matters if you have been assuming the week has nothing in it for you.

The car is still in California

A car bought 40% under estimate in Monterey is a bargain the moment the hammer falls and a logistics problem the morning after. Most of the buyers who could have taken these cars home never bid, either because they assumed the week was out of reach or because they were four thousand miles away and the shipping looked harder than it is.

West Coast Shipping moves collector, classic and exotic vehicles out of Oakland, Newark and Miami to buyers worldwide, and handles the export paperwork, the container and the customs clearance at the far end. Tell us before you bid and we will price it first, so the number you take to the auction is the number that lands the car in your garage.

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Sources: lot data published by Gooding Christie’s, Broad Arrow, Bonhams and Mecum; results cross-checked against an independent Monterey results compilation; Hagerty market data and commentary. Prices as reported by the auction houses, inclusive of buyer’s premium. Estimates as published before the sale, exclusive of premium.

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