More than 19,000 cars were sold at North American collector car auctions in 2015. The ones that got the most attention were cars like RM Sotheby’s $13.75 million McLaren F1 LM in Monterey or Artcurial’s $18.5 million Ferrari 250 California Spider barn find in Paris, just to name two. In other words, it’s the cars that bring the most money that get people talking. The truth is, though, that these million-dollar cars make up a little less than 1 percent of the automobiles sold at auction. Companies like Mecum, Barrett-Jackson, Russo and Steel and others will hammer hundreds of cars sold before bringing one that exceeds seven figures, and the vast majority of classic car owners aren’t shopping for million-dollar automobiles.
This is a companion discussion topic for the original entry at https://www.hagerty.com/articles-videos/Articles/2016/04/01/Graph-of-the-WeekMillion-Dollar-Cars-Volume-vs-Value