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Online Car Auctions Surge: 50,000 Vehicles Sold in 2025

1/9/2026

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Summary

Story summary

Hagerty's analysis shows online auctions surpassed 50,000 vehicles in 2025, up 6% from 2024, with live auctions near 21,000.
The top sale was a 2025 Ferrari Daytona SP3 that sold for $26 million.
Younger buyers are entering the market, boosting demand for modern supercars and 1980s to 2000s "youngtimer" models.
Despite this shift, classic cars still command high prices when rarity and condition are favorable.

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Story summary

Hagerty's analysis shows online auctions surpassed 50,000 vehicles in 2025, up 6% from 2024, with live auctions near 21,000.
The top sale was a 2025 Ferrari Daytona SP3 that sold for $26 million.
Younger buyers are entering the market, boosting demand for modern supercars and 1980s to 2000s "youngtimer" models.
Despite this shift, classic cars still command high prices when rarity and condition are favorable.