Gooding & Company Realizes Over $106M & Sets 16 New Records At Pebble Beach Concours d'Elegance Auction

Gooding & Company saw some pretty big profits last weekend at their two-day Pebble Beach luxury auto auction where they realized over $106 million. The official auction house of the Pebble Beach Concours d'Elegance apparently sold 107 of their 121 lots, with the average price per car being $990,699 (they even sold 30 cars for over one million), and an overall 88 percent sale rate. To make the auction even more impressive, 16 new records were set for Ferrari, Aston Martin, and Porsche.

"In addition to the many record setting prices, our auctions have become renowned as a destination. The tent was packed with enthusiasts buying and selling the best examples while luminaries including Jay Leno and Sir Stirling Moss added to the excitement," says David Gooding, President of Gooding & Company.