Good sales ratio in London, 85% of all Ferrari lots sold
Last weekend saw the annual RM Automobiles of London sales. As usual RM sold quite a lot of the cars on offer. What do the results tell us about the current market condition?

1. low mileage is still an advantage, dispite being a very recent car, #143294 was sold at 10% above the estimate. This is obviously related to the car's low mileage.

2. very recent models still look to be under pressure. A Modena was sold below the price of a F355 Spider, many cars of the past 30 years have been sold close to the lowest estimate or below.

3. not every Dino sells. An offer of £150,000 was too low for #02108. It looks like the market for Dinos is somehow saturated in Europe. This might be related to the recent rise in prices that led to a rise in offered cars.

4. 275 GTBs have well established above £1 million as expected.

5. F40s are still struggeling around the £300,000 range

6. not every special car is meeting the seller's expectation: the 575 GTC was left unsold, the 308 GTB Group B Michelotto conversion was sold sold dramatically below its estimate.

Here are the results:

26803 78 308 GTS Nero/Beige LHD US AZEV Rims ex-Maat Collection
Lot 209 est. £16,000 - £22,000 without Reserve Sold for £22,400

123874 01 360 Modena F1 Rosso Corsa/Nero ZFFYR51B000123874 red calipers shields ex-Maat Collection
Lot 210 est. £39,000 - £45,000 without Reserve, Sold for £34,720

143294 05 612 Scaglietti F1 Grigio Titanio/Nero ZFFAY54B000143294 aluminum calipers ex-Maat Collection
Lot 215 est. £58,000 - £70,000 without Reserve Sold for £78,400

149692 06 599 GTB Fiorano F1 Grigio Silverstone/Beige ZFFFD60B000149692 Aluminum Calipers Yellow Dials Challenge Rims Shields ex-Maat Collection
Lot 217 est. £80,000 - £95,000 Without Reserve Sold for £84,000

147203 06 F430 Spider F1 Grigio Silverstone/Rosso ZFFEZ59B000147203 Red Calipers Red Dials Shields ex-Maat Collection
Lot 219 est. £78,000 - £90,000 Without Reserve Sold for £72,800

113244 98 456 M GT Grigio Ingrid/Nero ZFFWP44B000113244 shields ex-Maat Collection
Lot 221 est. £38,000 - £48,000 Without Reserve Sold for £50,400

50997 84 Mondial QV Nero Carbonio/Beige ZFFLD14B000050997 ex-Maat Collection
Lot 223 est. £16,000 - £22,000 Without Reserve Sold for £14,000

89002 91 Testarossa Rosso Corsa/Beige LHD US ZFFSG17A7M0089002 ex-Maat Collection
Lot 224 est. £32,000 - £45,000 Without Reserve Sold for £39,200

120641 00 550 Maranello Rosso Corsa/Crema ZFFZR49B000120641 Red Calipers ex-Maat Collection
Lot 225 est. £50,000 - £64,000 Without Reserve Sold for £50,400

109884 98 F355 Spider F1 Rosso Corsa/Cuoio Cuoio dash & Steering wheel Cuoio boot LHD EU ZFFXR48B000109884 Nero Calipers ex-Maat Collection
Lot 226 est. £32,000 - £40,000 Without Reserve Sold for £36,400

84052 90 F40 Rosso Corsa then Giallo Fly/Nero Rosso cloth seats ZFFGJ34B000084052 wind-up windows ex-Maat Collection
Lot 227 est. £350,000 - £420,000 Without Reserve Sold for £302,400

4551GT 63 250 GTE 2+2 Series III Grigio Fumo 20294 Italver then Rosso Corsa/Beige leather LHD EU eng. # 4551
Lot 234 est. £120,000 - £145,000 Without Reserve Sold for £134,400

9455 66 330 GTC Argento 25090 A Italver then Red/Nero Franzi LHD EU eng. # 9455
Lot 235 est. £230,000 - £300,000 Without Reserve Sold for £403,200

5615GT 64 330 GT 2+2 Series I #75 Grigio Argento 18940 M/Nero VM 8500 LHD EU eng. # 5615, ex-Peter Monteverdi
Lot 236 est. £60,000 - £80,000 Sold for £95,200 Without Reserve

5541GT 64 250 GT Lusso #276 Oro Chiaro 19410M Italver/Nero VM8500 then Red/Beige LHD US eng. # 5541 ex-Hans Dürst
Lot 237 est. £500,000 - £650,000 Without Reserve Sold for £817,600

02108 71 246 GT Dino Bianco Polo Park 20-W-152 then Red/Nero leather aftermarket Daytona seats LHD EU
Lot 240 est. £155,000 - £170,000 dns, high bid £150,000

2218 04 575 M GTC Rosso Corsa Green & White Giesse livery/Nero cloth Racing seats LHD EVO-upgrades
Lot 242 est. £290,000 - £350,000 dns, high bid £230,000

10643 67 275 GTB/4 Rosso Chiaro/Nero LHD EU eng. # 10643
Lot 246 est. £1,350,000 - £1,650,000 Sold for £1,646,400

09027 6/66 275 GTB/C #3/12 Giallo Fly then Rosso Corsa Giallo Fly stripe/Beige RHD body # B5 eng. # 0014 # interno 1132/64 transaxle # 672 ex-Swaters, Blatzheim, Gericke, Werner, Matsuda, Ibing, Sir Bamford, Slavic, Laidlaw Competition Car Collection
Lot 248 est. £2,500,000 - £3,000,000 dns, high bid £2,100,000

22571 77 308 GTB Group B Michelotto conversion by Angelo Pedretti F106AB*22571* eng. # 12826
Lot 259 est. £120,000 - £170,000 Without Reserve. Sold for £86,800