Record-Breaking Porsche Sale Shows the Ascendancy of Online Auction Sites

Published by
InsideHook

By Alex Lauer When cars sell for record prices, you’d expect those sales to come from highly reputed auction houses like RM Sotheby’s, Bonhams or Mecum Auctions. However, the latest headline-making blue-chip sale has come from an online-native auction site, yet another signal of the rapidly changing landscape in the collector car world. On Wednesday, a low-mileage 2005 Porsche Carrera GT sold for $1.9 million on Bring a Trailer, the highest price ever paid for the coveted sports car at auction. It beat the record of a $1.3 million Carrera GT sold on Bring a Trailer in September 2021 and a $1.2…

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