RE Sotheby’s: The Ultimate Destination for Collector Cars, Realizes Over $887 Million in 2024 Through Online, Live and Private Sales

In 2024, RM Sotheby’s achieved over $887 million USD through 41 live, online, and Sealed auctions, as well as private sales, with a 96% sell-through rate and bidders from 82 nations. This solidified its position as the ultimate destination for collector cars and set the stage for a great 2025.

• RM Sotheby’s achieved over $887 million USD in 2024 through 41 live, online, and Sealed auctions, as well as private sales, with a 96% sell-through rate and buyers from 54 countries.
• The company attracted 51% new bidders and 65% new buyers, further expanding its global client base.
• Landmark sales like the $69.2 million Dare to Dream Collection, $29.6 million Rudi Klein “Junkyard” Collection, and $161.2 million at the Monterey Flagship Auction showcased its ability to handle rare and significant cars.
• RM Sotheby’s Sealed auction and Private Sale divisions are becoming increasingly popular platforms for selling cars as an alternative to traditional live auctions, with notable sales including multiple McLaren F1s, a 1955 Mercedes-Benz 300 SL Alloy Gullwing, and Michael Schumacher’s 2006 Ferrari 248 F1. 

BLENHEIM, CANADA – December 21, 2024 – (Motor Sports NewsWire) – RM Sotheby’s achieved global transaction sales of over $887 million USD in 2024, marking one of the most successful years in its history. With live and online auctions, Sealed auctions, and private sale transactions, the company continued to connect collectors with some of the most significant and desirable cars in the world.

The numbers reflect the strength and resilience of the market, with RM Sotheby’s achieving a 96% sell-through rate across its three primary sales platforms. Further contributing to its growth, RM Sotheby’s enduring partnership with Sotheby’s has opened doors to significant new buyers and consignors worldwide, allowing the company to continue setting benchmarks in the collector car market. Clients from 54 countries purchased cars, while bidders from 82 countries participated, highlighting the company’s truly global appeal. In 2024, 51% of bidders and 65% of buyers were new to RM Sotheby’s, reinforcing its ability to bring fresh participants into the collector car community. Over 126 cars sold for more than $1 million.

Groundbreaking sales such as the Dare to Dream Collection and continued success at Monterey Car Week exemplify RM Sotheby’s ability to achieve remarkable results across high-profile events. In 2024, the company expanded its footprint with two…