Eighties Cars At The 2014 Mecum Monterey

Mecum’s August auction in Monterey included a good amount of cars from the 1980s. As always, I’ll concentrate on the cars that actually sold (remember that this is not a no reserve auction—an orange 1980 BMW M1 coupe with 22,000 miles was a no sale bid up to $375,000) and add some of my opinions. Where I have covered the specific year and model of a car in this blog, I’ll link to it.

Thursday:

  • 1981 white Chevrolet Camaro Z28 coupe with 58,000 miles—at $13,000 the first eighties vehicle sold in this auction is also the first eighties vehicle to meet my criteria for serious 1980s collectability of original cars or trucks: selling for equal to or above its original base list price. I’ll mark these vehicles in bold green.
  • 1989 yellow Chrysler TC by Maserati convertible with 4,000 miles—$7,000. As I’ve said before, there are a few loyal owners of these, but this is a case where absolutely no one else gets it.
  • 1984 white Cadillac Eldorado Biarritz convertible with 40,000 miles—$13,500. According to Hagerty’s valuation tools, all the money for a 1984 Eldorado convertible in #1 condition is $18,300, with values sliding up.
  • 1988 black BMW M5 sedan—$18,500
  • 1980 gray Mercedes-Benz 450SL convertible with 85,000 miles—$9,500
  • 1987 white Avanti convertible (I really wish Mecum would stop listing these as Studebakers)—$14,500
  • 1981 silver Mercedes-Benz 380SL convertible with 85,000 miles—an ouch! at $6,000: that’s about #4 condition money, according to Hagerty’s valuation tools.
  • 1989 black BMW 635csi mild custom coupe with 67,000 miles—$22,000
  • 1984 silver Ferrari Mondial convertible with 54,000 miles—$20,000 shows that there is still relatively little love for these cars that listed for $65,000 when new (about $149,000 in today’s dollars).
  • 1985 silver BMW M6 coupe with 93,000 miles—$29,000 for this handsome car in the correct color.

Friday:

  • 1985 black Mercedes-Benz 500SEC coupe converted to a convertible by AMG with 37,000 miles—only $17,500 for this answer to a question that few would ask.
  • 1986 black Porsche 930 Turbo coupe—$60,000
  • 1989 red Ferrari Testarossa coupe with 10,000 miles—$70,000 is about #2 condition money, according to Hagerty’s valuation tools.

Saturday:

  • 1989 red Porsche 930 Turbo convertible with 13,000 miles—$125,000
  • 1986 red Porsche 930 Turbo coupe with 43,000 miles—$77,500
  • 1980 blue Renault Series 1 R5 Turbo coupe with 51,000 miles—$130,000 for what was probably the most interesting eighties car in this auction.
  • 1989 white Porsche 911 Speedster convertible with 1,400 miles—$300,000 makes this car by far the highest eighties sale of the auction.

The Monterey location makes this a very upscale auction for Mecum. The eighties numbers were dominated by Porsche—Mecum moved more than half a million dollars worth of them. What do you think of this auction’s results?

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