All The Data and the Biggest Sales from 2025’s Spring Florida Auctions

The Florida Spring Auctions have concluded, and while there may be fewer dramatic, standout sales as compared to past years, the overall trajectory appears to have rebounded from the softness observed in Monterey last year. Here is a breakdown of the auction activity that took place over the last two weeks in Florida:

Highlights

• Total of $196.5M, up from $183.8M from the four auctions in 2024
• Average price and sell-through rate maintained a slight improvement from last year, too, with increases from $534K to $571K and from 86% to 88%, respectively
• Established sectors of the market rebounded after Monterey

While seven and eight-figure cars have been selling privately for the past several months, the $1M+ sell-through rate of 90% at the Florida Spring Auctions might entice those cars back to auctions. In Monterey last year, the sell-through rate for $1M+ vehicles was just 55%.

The Enzo-era Ferrari market rebounded from August. After a sell-through rate of just 53% in Monterey, the Amelia + Miami sell-through rate of 71% shows an improvement just seven months later. Of course, about a fifth as many were offered in Amelia and Miami as were on offer in Monterey, and the $2.8M average price of these Florida auctions was the same as Monterey ’24. Despite the better sell-through rate, the market for these cars is still softer than a year ago.

Porsches and the Amelia auctions are usually a winning combination, but few big Porsches were offered this year, and the average price and total sales fell as a result. Total Porsche sales fell from $34M in 2024 to $25.8M this year and the average price also dropped from $644K to $423K despite only just one less car on offer (65 this year compared to 66 in 2024). The sell-through rate improved, however, from 80% to 94%.

Among the German specialist speed merchants of the RADwood era (the 1980s and 1990s), RUF dropped the hammer and ran away from AMG at the auctions. With only four RUFs offered to 13 pre-merger AMGs, 75% of the cars from Pfaffenhausen (RUF) sold to 69% of the cars from Affalterbach (AMG). Further, the average price of the RUFs was nearly $3.3M to $261,600 of the pre-merger AMGs. The top selling RUF even made our Sale of the Week.

The Lamborghini market continued to improve. The 14 offered this year were more than 10 last year, but the sell-through rate jumped from 50% to 93% in 2025. Further, the average price increased from $737K last year to $949K. The breadth of Lamborghinis sold spanned from a 1968 Miura P 400S that sold for $2.45M to a 2019 Aventador LP770-4 SVJ 63 that sold for $967,500.

Referencing the Hagerty Price Guide, the final price-to-condition-appropriate-value premium has a median of just 3%, indicating that sale prices were mostly in line with recent market activity. In 2024, the median final price-to-condition-appropriate Hagerty Price Guide value was 10%, down from 15% in 2023. Broadly, the market is in no rush to buy or sell.

2025 Cumulative Results
Cumulative Total: $196.5M
344/391 lots sold: 88% sell-through rate
Average Sale Price: $571,125

2024 Cumulative Results**
Cumulative Total: $177.7M
333/389 lots sold: 85.6% sell-through rate
Average Sale Price: $533,626
**Excludes Bonhams

Overall Top 10 Sales from all auctions

1. 1966 Ford GT40 Mk II sold for $13,205,000 (RM Sotheby’s)
2. 1959 Ferrari 250 California LWB sold for $9,465,000 (Broad Arrow Auctions)
3. 1955 Ferrari 375 MM Berlinetta sold for $9,465,000 (Gooding Christie’s)
4. 1908 Mercedes 17.3-Liter 150 HP sold for $8,255,000 (RM Sotheby’s)
5. 1957 Chevrolet Corvette SS Project XP-64 sold for $7,705,000 (RM Sotheby’s)
6. 1989 RUF CTR Yellowbird sold for $6,055,000 (Gooding Christie’s)
7. 1996 Ferrari F50 sold for $5,532,500 (RM Sotheby’s)
8. 1971 Lamborghini Miura P400 SV sold for $4,460,000 (Broad Arrow Auctions)
9. 1954 Jaguar D-Type sold for $4,295,000 (Broad Arrow Auctions)
10. 1991 Ferrari F40 sold for $3,580,000 (RM Sotheby’s)

GOODING CHRISTIE’S
Cumulative Total: $67.4M
132/142 lots sold: 93% sell-through rate
Average Sale Price: $510,594

Overall Top 10 Sales:

1. 1955 Ferrari 375 MM Berlinetta sold for $9,465,000
2. 1989 RUF CTR Yellowbird sold for $6,055,000
3. 1997 RUF CTR2 sold for $2,645,000
4. 1963 Ferrari 400 Superamerica sold for $2,535,000
5. 1968 Lamborghini Miura P400 S sold for $2,450,000
6. 1931 Duesenberg Model J Murphy sold for $2,342,500
7. 1988 Porsche 959 Komfort sold for $2,205,000
8. 1964 Porsche 904 Carrera GTS sold for $2,205,000
9. 1935 Avions Voisin C25 Aerodyne sold for $1,985,000
10. 1955 Ferrari 250 Europa sold for $1,765,000

2024 Cumulative Results
Cumulative Total: $66.4M
107/126 lots sold: 85% sell-through rate
Average Sale Price: $620,408

BROAD ARROW
Cumulative Total through Saturday: $61.6M
143/163 lots sold: 88% sell-through rate
Average Sale Price: $430,838

Overall Top 10 Sales:

1. 1959 Ferrari 250 California LWB sold for $9,465,000
2. 1971 Lamborghini Miura P400 SV sold for $4,460,000
3. 1954 Jaguar D-Type sold for $4,295,000
4. 1990 Ferrari F40 sold for $3,665,000
5. 2018 Pagani Huayra sold for $3,415,000
6. 2015 Porsche 918 Spyder sold for $2,315,000
7. 1958 BMW 507 sold for $2,122,500
8. 1964 Shelby Cobra 289 R&P sold for $1,242,500
9. 1935 Auburn 851 Supercharged sold for $1,011,500
10. 2019 Lamborghini Aventador LP770-4 SVJ 63 sold for $967,500

2024 Cumulative Results
Cumulative Total: $63.0M
137/149 lots sold: 92% sell-through rate
Average Sale Price: $460,002

RM SOTHEBY’S (MIAMI)
Cumulative Total through Saturday: $67.5M
69/86 lots sold: 80% sell-through rate
Average Sale Price: $977,663

Overall Top 10 Sales:

1. 1966 Ford GT40 Mk II sold for $13,205,000
2. 1908 Mercedes 17.3-Liter 150 HP sold for $8,255,000
3. 1957 Chevrolet Corvette SS Project XP-64 sold for $7,705,000
4. 1996 Ferrari F50 sold for $5,532,500
5. 1991 Ferrari F40 sold for $3,580,000
6. 1937 Mercedes-Benz 540 K Cabriolet A sold for $2,920,000
7. 1988 Porsche 959 SC sold for $2,865,000
8. 2005 Porsche Carrera GT sold for $1,545,000
9. 2015 McLaren P1 GTR sold for $1,435,000
10. 1930 Bugatti Type 35B sold for $1,380,000

2024 Cumulative Results
Cumulative Total through Saturday: $48.3M
89/114 lots sold: 78% sell-through rate
Average Sale Price: $542,625