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car auctioneersCNBC
•74% Informative
Of the 1,143 cars up for sale at Monterey Car Week , only 821 sold.
The average sale price was $ 476,965 , down slightly from last year's average of $ 477,866 .
A new generation of collectors is driving the market — mainly Gen Xers and millennials — who prefer cars from the 1980s, 1990s and 2000s .
1960 Ferrari 250 GT SWB California Spider sold at Monterey Car Week for $ 17,055,000 .
1955 Ferrari 410 Sport Spider sold for $ 12,985,000 ( RM Sotheby's ) - 1969 Ford GT40 Lightweight - $ 7,865,000 (Mecum) - 1997 Porsche 911 GT1 Rennversion Coupe.
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