The 2023 Barrett-Jackson Scottsdale auction featured a record 1,907 vehicles on the docket. The bread and butter of the auction has always been American muscle cars from the 1950s-1970s, and this year was no exception.

Here are some numbers showing a partial analysis of Makes/Models in the 2023 auction:

154 Chevrolet Corvette
113 Chevrolet Camaro
102 Ford Mustang
64 Pontiac
58 Chevrolet Chevelle
58 Mercedes-Benz
46 Plymouth
45 Jeep
45 Cadillac
43 Porsche
36 GMC
29 Volkswagen
24 Buick
23 Oldsmobile
21 Ford Thunderbird
21 Bentley
20 Chevrolet Nova
18 BMW
16 Mercury
15 Lincoln
13 Jaguar
12 Ferrari
10 Maserati
9 Rolls-Royce
8 Lamborghini
7 Nissan
4 AMC
3 Volvo

As you can see, American cars such as Ford, Chevrolet, Cadillac, Jeep, and others dominate the auction catalog by a wide margin. There were only a handful of exotic cars with 12 Ferraris and 8 Lamborghinis, which says a lot about the customer base that both sells and bids at this auction. These are blue-jean wearing, bona-fide muscle car guys.

In 2018, 7 of the top 10 sellers were mid-century cars with only two late-model supercars and one boat in the top 10. This year was a different story, with 7 of the top 10 most expensive sales going to late-model supercars.

This 1989 Ferrari F40 Competizione in Nardo Grey was the top seller at Barrett-Jackson’s Scottsdale 2023 collector car auction, with a final sale price of $2.75 million.

1. 1989 Ferrari F40 (Lot #1405.1) – $2,750,000
2. 2005 Porsche Carrera GT (Lot #1405) – $1,595,000
3. 2019 Ford GT Lightweight Carbon Series (Lot #1419) – $1,320,000
4. 2020 Ford GT Carbon Series (Lot #1390) – $1,320,000
5. 1966 Shelby Group II Mustang – Built for Ken Miles (Lot #1396) – $770,000
6. 1967 Chevrolet Corvette Custom Convertible (Lot #1367) – $770,000
7. 1969 Chevrolet Camaro ZL1 (Lot #1353) – $770,000
8. 2012 Lexus LFA (Lot #1382) – $748,000
9. 2021 Ferrari SF90 (Lot #1391) – $742,500
10. 2019 Lamborghini Aventador SVJ (Lot #1407) – $671,000

It was a similar situation in 2019 and 2020, with supercars dominating the Top 10 rankings. 2021 had an even split between vintage cars and late-model cars.

Is this signaling a change in the collector car market? I have to wonder if the sixties Camaros and Shelbys peaked in value few years ago before the pandemic, and if they will ever see those numbers again.

On the other hand, those vintage cars may be holding steady in their value. It could be the case that supercars are dominating the block just because there have been more of them offered for sale in recent years. A supercar is a highly liquid asset, one that can quickly be bought or sold relative to other investments.

Where do you think the collector car market is headed? Share your thoughts by posting a comment below.