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Haute Auction Autos

The Old Die Hard for 2009's Top Selling Classic Cars

— December 28, 2009 — Autos
The year 2009 provided a slew of adjectives used to describe the lifestyles of most individuals in this world. However, for the rich, such words might include, “classic”, and “recession-proof”, and nothing spells that more than the top selling cars sold at auctions in 2009.

“The top ten cars sold at auction in 2009 went for $12.2M on the high end, $3.1M on the low," according to Luxist. "That means there were at least ten people this year who responded to the town crier’s screams of 'Recession and Depression!' by saying, 'Honey, did you hear what that man said? I couldn’t make it out because I was busy smacking my lips all over these gold plated bon-bons. They’re delicious. Here, try one…'"
Trend Themes
1. Classic Car Auctions - Disruptive innovation opportunity: Develop an online platform that allows for virtual classic car auctions, expanding the reach and accessibility to a wider audience.
2. Recession-proof Luxury - Disruptive innovation opportunity: Create a subscription-based luxury car service that offers access to high-end classic cars on a rotating basis, allowing customers to enjoy luxury vehicles without the high cost of ownership.
3. Collectible Car Investment - Disruptive innovation opportunity: Develop a blockchain-based platform that enables fractional ownership and trading of collectible cars, democratizing investment opportunities in the classic car market.
Industry Implications
1. Automotive - Disruptive innovation opportunity: Integrate artificial intelligence and machine learning into classic car restoration processes, improving accuracy and efficiency.
2. E-commerce - Disruptive innovation opportunity: Launch an online marketplace for classic car parts and accessories, connecting sellers and buyers from around the world.
3. Financial Services - Disruptive innovation opportunity: Develop a specialized classic car investment fund that offers a portfolio of collectible cars as an alternative investment option for high-net-worth individuals.
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