Over the past two years, the classic and collector car market has been crazy. From the growth in values around the market and many new buyers testing the waters of classic car ownership, now is a great time to be involved.
Throughout 2021 we've seen our best single-year of sales since we began selling cars. In the past 12 months, our sales team has moved 20% more cars than we had in 2020 (our best year of sales at the time). We've been looking over our sales and come to a few different conclusions we wanted to share with you! Join us for the 2021 Farland Classic Restoration - Market Roundup.
The beginning of the year is slower for car sales, but 2021 took off quickly as we sold a Mercedes-Benz 560SL to get us going. This Mercedes would be the first of four cars to make the trek out to California throughout the year.
Outside of Colorado, California and Florida were the two top states for sales. It's not unusual for the coupes and roadsters to make their way out towards the coasts after purchase, but we also noted an uptick in cars that stayed here in Colorado following their sale.
To see more of the cars we've sold, click the logo in the left-hand corner above, and select some of your favorite brands from the drop-down menu.
Of the 39 cars sold here in the country, more than 55% stayed here in colorful Colorado. Many of these ended up staying in the shop for a bit of work after their sale, like the fantastic Ferrari 365 GTC/4 getting interior and brake work. One major export was the Ferrari 330 GT 2+2 sold back in May. That V12 made a short stop in Hong Kong for interior work on the trek out to Dubai.
Looking into the countries of origin, we've seen a big jump in English and Japanese cars over the past year. Both these groups had doubled compared to 2020. At the same time, we also saw a growth in how many German cars we saw. The German brands made up the largest portion of vehicles sold. Over 60% of cars sold here at Farland this year were German.
Sticking with the Germans, our most popularly sold brand was Porsche. Classics from the Super 90 through the modern, monstrous GT3 all found new homes. This expansive array of classics highlights how hard the team in the showroom works to ensure we properly document and highlight classics from everything from the 1940s through today.
There are many ways to skin this cat, so we also looked into the most popular decades for sales. Our most popularly sold decade was the 2010s. Nine total cars fell into this decade. In second was the 00s cars and third was the 50s classics. Our oldest car sold was the 1946 Triumph 1800 that came in as part of the British Trio, and the newest car was the 2018 Rolls Royce Wraith we helped our client acquire from out of state.
In short, our team has been busy with our thirtieth year in business as a restoration shop, and our continued growth on the sales and consignment side of the business. Now is a great time to be in collectible cars. If you'd like to learn more about our history and our thirtieth year in business, you can check out that recent blog here.
As always, if you'd like to get a hold of our shop give us a call at 303-761-1245, or you can also inquire at email@example.com.
From all of us here at Farland Classic Restoration, we hope you have the happiest of holidays, and we look forward to reconnecting with you all in the new year!