Mercedes Heritage

2024 was a year that saw the continuing evolution of the classic car auction process despite a generally weakening market. In addition to the traditional in person actions held by the big 3 auction houses: Gooding & Company ($205m), RM/Sotheby’s ($887m), and the charging Broad Arrow Auctions ($316m including financing income), 2024 buyers could choose from “sealed” auctions, open online bidding platforms, and private sales.