Alright, you might not get it and what is meant by that is, if you all about cars and I mean ‘cars,’ Monterey Car Week is your best bet. A celebration of all types of cars in their glamour, it definitely is an event that would leave my neck on my hands because sight and sound would have its toe on anyone. Monterey is a place where you shouldn’t get surprised intentionally because you’d be amazed at what exist out there and appear out of the blues in multiples. Today, the 15th of August actually marks the last day of the car event that started August 5th and it’s been an amazing turn out. On the first night, RM Sotheby’s, one of the world’s top auction company sold $34.4 million worth of cars.
Yeah, you’re probably wrong if you once said that car investment is no investment, this yearly gathering of millions from all over the world just to have a sneak peek or to go home with the best cars from way back to the future has the answers. Monterey car week featuring over 30 car events, ranging from car shows, races, car auctions. I’d go on to call it the gathering of legends. The event that ends on Sunday at the Pebble Beach Concours d’Elegance, the Pinnacle of revelation. Over 200 best car collectors on the world assemble at 18th Fairway of Pebble Beach Golf Links to show off their best cars that have been preserved.
More than 1,000 cars would be on auction with total sales to reach $325 million compared to $255 million made in 2019. This year is a come back as in 2020, we had the covid-19 restrictions. Top auction companies from the world’s largest collector, Mecum & Bonham, to RM Sotheby’s and Gooding & Co. to unleash prewar classics, vintage muscle cars, exotic and luxury cars, futuristic cars and vintage motorcycles were all up for grabs.