Historica Selecta partners andco-authors, Adolfo Orsi Jr. and Raffaele Gazzi, have launched the 21st edition of the influential yearbookReference guide allows easy analysis of the trends behind the 5,644 cars listed this seasonFor the eighth consecutive year Credit Suisse is sponsoring the annual edition of Historica Selecta’s acclaimed Classic Car Auction Yearbook.
Compiled by classic car authorities Adolfo Orsi Jr. and Raffaele Gazzi, the Classic Car Auction Yearbook remains the leading combined source of annual international collector car market sales.
Now in its 21st edition, the Yearbook provides knowledgeable insights into the classic car auction season from September 1, 2015 until August 31, 2016. It presents fresh statistics on geographical segmentation and for period of manufacturing. The guide also shows that Ferrari represented 30% of total market turnover, with 812 examples offered compared with 576 last year.
“The numbers show a much stronger market than the impression we had in the auction rooms this year: At the end we had a total turnover of USD 1.2 billion, only 1.5% down from last season and, although the percentage of cars sold dropped by 6 points down to 72%, eight more cars (4,044 versus 4,036) found a new garage,” says Adolfo Orsi, historian, specialist, co-author, and president of Historica Selecta. “The average value estimate of some models dropped by 15-20% but this slowdown was expected after years of increase and makes the market much healthier. We are also noticing a new generation of collectors enter the market and they tend to be focused on modern era cars.”
Karsten Le Blanc of Credit Suisse, a collector and racer himself, said: “The Classic Car Auction Yearbook is the perfect tool for enthusiasts and a truly comprehensive reference guide. It is clear to see the impressive level of effort and dedication that Adolfo and his team put into this much-anticipated publication. We’re proud to continue our long-term sponsorship of a guide which provides such a great insight into the classic car market.”
For the second year running, Historica Selecta also honored the auction house with the top-selling lot of the season. Artcurial Motorcars received the Top Sale Classic Car Auction Yearbook Award for a 1957 Ferrari 335 S which was sold at Retromobile in February for EUR 32,075,000.
About the Classic Car Program
Introduced in 2004, the Credit Suisse Classic Car Program has become immensely popular. Over the past decade, Credit Suisse has built a network of friends and enthusiasts who share a passion for classic cars. Its partnership with outstanding classic events, including its own rallies and collection of historic vehicles, underline Credit Suisse’s commitment to the classic car scene.
Friends of the program include Derek Bell MBE, Jochen Mass, and Alain de Cadenet. Credit Suisse supports leading historic motoring events, including Grand Prix de Monaco Historique and Goodwood Revival.
About Historica Selecta and the Classic Car Auction Yearbook
Launched in 1993, Historica Selecta’s Classic Car Auction Yearbook, sponsored by Credit Suisse since 2009, is authored and edited by company founders and historians Adolfo Orsi Jr. and Raffaele Gazzi. More information can be found on classiccarauctionyearbook.com
