RM Auctions' Scottsdale sale makes $63.7m as records fall

RM Auctions' January 15-16 sale at the Scottsdale, Arizona collector car event has seen $63.7m, as several records fell. A Classiche-certified 1964 Ferrari 250 LM led the sale at $9.6m, setting the record for the most valuable vehicle ever sold in Arizona. 

Ferrari 250 LM
The Ferrari 250 LM is the most valuable vehicle ever sold in Arizona

It was followed by a 1966 Ferrari 275 GTS at $2.3m, and a 1984 288 GTO at $2.7m, both marking new records for their model. 

As RM notes, it wasn't just the most sought after Ferraris that fared well, with a 1975 365 GT4 BB making a record $511,500 and a 2005 Ferrari 575 Superamerica far exceeding its estimate at $517,000. 

Elsewhere, a 1971 Mercedes-Benz 280 SE 3.5 Cabriolet set a new record for the model at $473,000, while a 1975 Lamborghini Urraco P111 made a record $126,500. 

With poster cars from the 1980s seeing a surge in popularity over the past months, a 1984 Audi Sport Quattro made an outstanding $401,500. In doing so, it far outsold a rare 1969 Porsche 911 S "Soft Window" Targa, which realised $286,000, a 27.1% increase on its $225,000 high estimate.

"We're thrilled with the results from our Arizona sale. Carefully curated by our specialists, our offering was defined by its quality and uniqueness, with fantastic prices recorded across the board," said Ian Kelleher managing director of RM Auctions' West Coast division. 

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