The first car auction of 2015 just wrapped up in Scottsdale, Arizona, with a record $292.8 million in sales. This is an 18 percent rise from last year's auction, proving that classic cars remain a safe haven for the rich to invest their money.
Eighty-six percent of the lots sold, with an average selling price of $115,729. All the big auction houses saw increases in sales this year compared to 2014.
RM Auctions had the biggest boost, ringing up $63.7 million compared to $45.6 million in 2014. Almost $10 million of that came from one car, a 1964 Ferrari 250 LM Coupe, which was the top overall sale this year.
Below is the list of the top sellers from the Scottsdale auction: