Total auction sales of classic cars (for both online and live auctions) fell 3% last year to $4.19 billion from $4.32 billion in 2022, according to data from Classic.com.
The growth in the number of cars sold helped to offset a decline in prices.
The average price of a car sold on the site fell to $54,000 in 2023 from $59,500 in 2022.
Bring a Trailer's sales increased about 2% last year to over $1.4 billion from $1.35 billion in 2022, according to the company's CEO Randy Nonnenberg.
Bring a Trailer sold over 30,000 cars in 2023, up 19% from 2022.
Persons:
Randy Nonnenberg, Nonnenberg, Sellers, Pagani
Organizations:
CNBC, Ferraris, Ferrari, Porsche, Porsche Carrera, BAT
Locations:
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